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The guiding purpose of the government regulator is to prevent rather than to create something.

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Create Government Guild Prevent Purpose Rather Regulation Something

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Marilyn Monroe Paulo Coelho Abraham Lincoln C. S. Lewis Khalil Gibran Charlie Chaplin Gautama Buddha Isaac Newton

I have long argued that paying down the national debt is beneficial for the economy.
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Amateurs want to be right. Professionals want to make money.
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I have one other issue I’d like to throw on the table. I hesitate to do it, but let me tell you some of the issues that are involved here.
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Excessive optimism shows the seeds of its own reversal in the form of imbalances that tend to grow over time.
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It has been my experience that competency in mathematics, both in numerical manipulations and in understanding its conceptual foundations.
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But rules cannot substitute for character.
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[Republicans] swapped principle for power. They ended up with neither. They deserved to lose.
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The need for values is inbred. Their content is not.
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To succeed, you will soon learn, as I did, the importance of a solid foundation in the basics of education – literacy, both verbal and numerical, and communication skills.
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Basic Communication Education Foundation Importance Learn Solid Soon Succeed
Well, you probably will always believe there should be laws against fraud, and I don’t think there is any need for a law against fraud.
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I don’t think it’s possible for the Fed to end its easy-money policies in a trouble-free manner.
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End Free Manner Money Policy Possible Think
I love to play tennis and golf, listen to music, watch baseball and root for the Redskins.
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But how do we know when irrational exuberance has unduly escalated asset values, which then become subject to unexpected and prolonged contractions as they have in Japan over the past decade?
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If we are dealing with psychology, then the thermometers one uses to measure it have an effect.
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We may be in a rapidly evolving international financial system with all the bells and whistles of the so-called new economy. But the old-economy rules of prudence are as formidable as ever. We violate them at our own peril.
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It seems superfluous to constrain trading in some of the newer derivatives and other innovative financial contracts of the past decade.
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Constrain Contract Derivate Financial Innovative Newer Seem Some Superfluous Trade

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