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"Certainly he is not of the generation that regards honesty as the best policy. However, he does regard it as a policy. (On President Richard M Nixon)" »Irving Layton
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"Honesty may be the best policy, but it's important to remember that apparently, by elimination, dishonesty is the second-best policy." »George Carlin
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"The US government alone cannot get its economy out of the crisis. It appears to me that the current policy makers are suffering from the gambler's syndrome. They keep spending more money hoping that they will eventually win. More debt spending is a receipt for bankruptcy. Real economic growth comes from government and private sector investments, not from massive debt spending followed by tax increases or currency devaluation." »Med Jones
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"The main difference in the speed of recovery between Argentina in post-2001 and Thailand in post-1997 crises is the exports. Fiscal discipline is necessary but not sufficient without export-driven economic growth. Too much debt can result in prolonged stagnation similar to the Japanese lost-decade of 1990s. With inflation risk on the rise, we could see more socioeconomic troubles and political unrest in economies with thin middle class. 2011-2012 will be challenging for many policy makers." »Med Jones
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"In US we had our share of civil conflicts driven by economic forces. The European immigrants brought slaves from Africa to use them as cheap labor for farming their lands. The color of the skin is only a rationalization for the continuation of the slavery system. All the segregation and discrimination rules against the blacks at that time were made to preserve the existing economic system and the interest of its beneficiaries. Though the American civil war was attributed to states and civil rights, the driving forces behind the war was the conflict of economic interests." »Med Jones
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"One quick and effective solution to the global economic crisis is a global economic and political reset. A global economic reset means that world leaders can come together to agree on debt forgiveness to all nations and restructuring of the global economy. Friends and enemies alike, no exceptions. To be fair to nations with lesser debts, they could be compensated on a ratio basis to enjoy treasury surpluses. A new international trade and reserve currency will probably be established to create a fair global economic system and to implement the reset. This could bring a new era of global prosperity and socioeconomic exchange. This is a much better alternative than currency wars, international hostilities and continuous risks of global socioeconomic shocks." »Med Jones
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"It violates right order whenever capital so employees the working or wage-earning classes as to divert business and economic activity entirely to its own arbitrary will and advantage without, the social character of economic life, social justice, and the common good." »Pope Pius XI
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"Over the long term, if government revenues continue to be more than expenditures (surplus), then the economic health of the country is good, because the government can afford to invest in development projects such as research and development, education and infrastructure. With more income, the government can also afford to lower taxes, which increase corporate profits and attracts more foreign investors, resulting in more economic activities, creating more jobs and enlarging the consumer spending and government revenues overall despite income tax cuts. It is what I call a virtuous economic cycle." »Med Jones
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"Over the long term, if government revenues continue to be more than expenditures (surplus), then the economic health of the country improves, because the government can afford to invest in development projects such as research and development, education and infrastructure. With more income, the government can also afford to lower taxes, which increases corporate profits and attracts more foreign investors, resulting in more economic activities, creating more jobs and enlarging consumer spending and government revenues despite income tax cuts. It is what I call a virtuous economic cycle." »Med Jones
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"It is the common failing of totalitarian regimes that they cannot really understand the nature of our democracy. They mistake dissent for disloyalty. They mistake restlessness for a rejection of policy. They mistake a few committees for a country. They misjudge individual speeches for public policy. (Answering North Vietnamese charge that US could not endure)" »Lyndon B. Johnson
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"The integrity of states is ruled by the socioeconomic well-being theory. The degree of the stability of any social system is proportional to the degree of its economic growth and vice versa. Stated differently, the risk to national integrity increases proportionally to the country's economic decline." »Med Jones
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".... You ask, What is our policy? I will say; "It is to wage war, by sea, land and air, with all our might and with all the strength that God can give us: to wage war against a monstrous tyranny, never surpassed in the dark lamentable catalogue of human crime. That is our policy." You ask, What is our aim? I can answer with one word: Victory - victory at all costs, victory in spite of all terror, victory however long and hard the road may be; for without victory there is no survival." »Sir Winston Churchill, 1940, in his first address as the newly appointed Prime Minister.
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"Over the long term, if government revenues continue to be less than the expenditures (deficit), then the economic health of the country worsens because this will result in accumulated debt. An increasing government debt will result in higher interest payments, and less money available for socioeconomic development. To pay for the debt, the government will have to raise taxes, which will reduce the competitive position of the country in the global economy and chase investors away resulting in less economic activities and more job losses. In order to avoid higher unemployment and social instability, the government have to raise more debt to fund spending and welfare support by raising the interest rate which will increase the cost of money, reduce corporate profits and slow economic investments, thus resulting in more job losses and reduced government revenues, despite income tax increases. It is what I call a vicious economic cycle." »Med Jones
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"Countries that try to spread their ideologies by force, be it religion, socialism, capitalism, democracy or something else, will be overwhelmed by the human and economic cost of conflicts. Those countries will lag behind other countries that are focusing on developing their economies and advancing their interests via global partnerships and trade. With the new global knowledge and global competition, if you take your eye off the economic ball someone else will pick it up." »Med Jones
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"History teaches us that people from different religions and ethnic groups can be united around one economic goal; equality and prosperity for all. We saw that in the rise of the communist USSR. When the economic policies of the USSR failed, ethnic and national divisions took the forefront and the USSR's was dissolved. That could happen to the US if we are hit by hyperinflation or currency collapse. No country is above the socioeconomic laws, US included." »Med Jones
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"People are the common denominator of progress. So... no improvement is possible with unimproved people, and advance is certain when people are liberated and educated. It would be wrong to dismiss the importance of roads, railroads, power plants, mills, and the other familiar furniture of economic development.... But we are coming to realize... that there is a certain sterility in economic monuments that stand alone in a sea of illiteracy. Conquest of illiteracy comes first." »John Kenneth Galbraith, The Affluent Society (1958)
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"The socioeconomic well-being theory explains that when the members of a sociopolitical system share the same economic interests and the existing system produces enough economic opportunities to meet the needs of the members, they are likely to tolerate existing differences and work together towards shared benefits. On the other hand, when the system fails to produce enough economic opportunities over a long period of time, the members of the system are likely to compete more aggressively for existing resources, causing divisions among the members to grow stronger. The degree of social cohesiveness will diminish and divisions could take different forms such as ethnic, religious and geographic conflicts and at times class warfare or civil wars. If not managed properly, such sociopolitical systems can become dysfunctional. If the dysfunction is left untreated, at a certain point it will take more energy to fix the system than to let it collapse.
" »Med Jones
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"Over the long term, if government revenues continue to be less than the expenditures (deficit). This will result in accumulated debt. An increasing government debt will result in higher interest payments, and less money available for socioeconomic development. To pay for the debt, the government will have to raise taxes, which will reduce the competitive position of the country in the global economy and chase investors away resulting in less economic activities and more job losses. In order to avoid higher unemployment and social instability, the government have to raise more debt to fund spending and welfare support by raising the interest rate which will increase the cost of money, reduce corporate profits and slow economic investments, thus resulting in more job losses and reduced government revenues, despite income tax increases. It is what I call a vicious economic cycle." »Med Jones
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"History teaches us that people from different religions and ethnic groups can be united around one shared economic goal; equality and prosperity for all. We saw that in the rise of the communist USSR. When the economic policies of the USSR failed, ethnic and national divisions took the forefront and the USSR was dissolved. That can happen to the US if we are hit hard enough by hyperinflation and currency collapse. How the divisions evolve and what forms they will take depend on the type and speed of the government's reaction. It is too early to foresee such events. However, it is important to note that no country is above the socioeconomic laws, US included." »Med Jones
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"You do the policy, I'll do the politics." »J Danforth Quayle
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"Honesty is the best policy - when there is money in it." »Mark Twain
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"To err is human; to forgive is simply not our policy" »MIT Assasination Club slogan
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"The policy of being too cautious is the greatest risk of all." »Jawaharlal Nehru
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"By definition, a government has no conscience. Sometimes it has a policy, but nothing more." »Albert Camus
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"Non-violence is the policy of the vegetable kingdom" »H. G. Wells
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"Love and war are the same thing, and stratagems and policy are as allowable in the one as in the others" »Miguel Cerbantes
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"It has been our policy not to use obscenities in the paper. It's a harmless little eccentricity of ours." »A. M. Rosenthal
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"The policy of repression of ideas cannot work and never has worked." »Robert Hutchins
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"Honesty is the best policy; but he who is governed by that maxim is not an honest man." »Richard Whately, Archbishop of Dublin
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"It is always the best policy to tell the truth, unless, of course, you are an exceptionally good liar." »Jerome K Jerome
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