A bank needs models to measure risk. The problem, however, is that any one bank can measure its risk, but it also has to know what the risk taken by other banks in the system happens to be at any particular moment.
If we really believe that animals have the same right to be free from pain and suffering at our hands, then, of course were going to be, as a movement, blowing things up and smashing windows I think its a great way to bring about animal liberation I think it would be great if all of the fast-food outlets, slaughterhouses, these laboratories, and the banks that fund them exploded tomorrow. I think it's perfectly appropriate for people to take bricks and toss them through the windows ... Hallelujah to the people who are willing to do it.
Why should the wealth of the country be stored in banks and elevators while the idle workman wanders homeless about the streets and the idle loafers who hoard the gold only to spend it on riotous living are rolling about in fine carriages from which they look out on peaceful meetings and call them riots?
In his second term, [Ronald] Reagan completed the work of his first term - the rich got really rich, everything was deregulated, advocacy programs were quashed, the Savings and Loan program was trashed, the deficit was tripled, unions were busted, Housing and Urban Developing was in shambles, banks were closing, the military got lots of new toys, the religious right was strong, and AIDS was ignored.
Happiness lies in being privileged to work hard for long hours in doing whatever you think is worth doing. One man may find happiness in supporting a wife and children. Another may find it in robbing banks. Still another may labor mightily for years in pu
Some people think the Federal Reserve Banks are United States Government Institutions. They are private credit monopolies which prey upon the people of the United States for the benefit of themselves and their foreign customers.
Art as an aesthetic principle was supported by thousands of years of discernment and psychic rewards, but art as a commodity was held up by air. The loss of confidence that affected banks and financial instruments was not affecting cherubs, cupids and flattened popes. The objects hadn't changed: what was there before was there after. But a vacancy was created with the clamoring crowds deserted and retrenched.
I love you like a river that creates the right conditions for trees and bushes and flowers to flourish along its banks. I love you like a river that gives water to the thirsty and takes people where they want to go.
The study of money, above all other fields in economics, is one in which complexity is used to disguise truth or to evade truth, not to reveal it. The process by which banks create money is so simple the mind is repelled. With something so important, a deeper mystery seems only decent.