First Quote Added
April 10, 2026
Latest Quote Added
"My peculiarity is that I don't have a particular style of investing or, more exactly, I try to change my style to fit the conditions."
"Go for the jugular."
"The bureaucratic method of building an integrated Europe has exhausted its potential."
"The United States would not be called upon to act as the policeman of the world. When it acts, it would act in conjunction with others. Incidentally, the combination of manpower from Eastern Europe with the technical capabilities of NATO would greatly enhance the military potential of the partnership because it would reduce the risk of body bags for NATO countries, which is the main constraint on their willingness to act. This is a viable alternative to the looming world disorder."
"The truth is, successful investing is a kind of alchemy."
"Economic theory is devoted to the study of equilibrium positions. The concept of equilibrium is very useful. It allows us to focus on the final outcome rather than the process that leads up to it. But the concept is also very deceptive. It has the aura of something empirical: since the adjustment process is supposed to lead to an equilibrium, an equilibrium position seems somehow implicit in our observations. That is not true. Equilibrium itself has rarely been observed in real life — market prices have a notorious habit of fluctuating."
"The act of lending can change the value of the collateral"
"Howard Zinn said: "Small acts, when multiplied by millions of people, can quietly become a power no government can suppress, a power that can transform the world.""
"There are many Americans who would be mortified to be associated with their government's policies. The most scholarly, scathing, incisive, hilarious critiques of the hypocrisy and the contradictions in U.S. government policy come from American citizens. When the rest of the world wants to know what the U.S. government is up to, we turn to Noam Chomsky, Edward Said, Howard Zinn, Ed Herman, Amy Goodman, Michael Albert, Chalmers Johnson, William Blum, and Anthony Arnove to tell us what's really going on."
"We live in a beautiful country," writes historian Howard Zinn. "But people who have no respect for human life, freedom, or justice have taken it over. It is now up to all of us to take it back."
"Historian and activist Howard Zinn died in 2010, and the progressive world greatly misses his spirit and guidance. One wonders what he’d have to say about America today — one in which senators create legislation in secret and a president denigrates foes and allies alike via Twitter. What would he, a former Cub Scout, think about the president’s recent speech in which he exhorted Boy Scouts to boo a previous president? We can be pretty sure that he’d be dismayed and disgusted by an America where CEOs make 271 times the pay of an average worker... He’d certainly be no fan of a culture that made serious, though unsuccessful, attempts to ban his signature work, A People’s History of the United States."
"You tell me what has changed. You tell me what a Black president means for the average Black American. Tell me how it is humanely permissible to hold undocumented immigrants in detention camps, outfit pregnant women with electronic bracelets to track their where-abouts, and uphold a war where indebted monies continue to be spent on the violent militarized occupation of foreign countries, instead of indigenous-originated programs to rebuild the broken infrastructure resulting from failed regimes. As the late historian and social activist Howard Zinn states, "If you want to end terrorism, you have to stop being terrorists.""
"Historian Howard Zinn observed in a new edition of Soldiers in Revolt, the classic history of the GI Movement: "A point can be reached where men and women in uniform can no longer tolerate what they begin to see as an unjust war. It is encouraging to be reminded of the basic desire of human beings to live at peace with other human beings, once they have divested themselves of the deceptions, the nationalism, and the racism that is provoked by war.""
"...the anti-apartheid movement in the '80s... he was there. ... He wasn't a detached academic who sort of wrote about these things but didn't put his heart where his mouth was. He put everything there, because he cared very deeply that these things were wrong -- that apartheid was wrong. Obviously. That's easy to say in retrospect. But, that was the early '80s, and there were people who didn't really think it was so bad. That's the thing. A lot of times we look back and we remember how radical it was to confront apartheid. Now, everyone looks back and knows it was wrong. It was so radical to oppose the Iraq war. Most of the public doesn't think we should have gone in. That's why dissent is so important, because it creates an atmosphere in which people can explore alternative ways of thinking. That's something I took from Howard. That's what Howard taught. That's why he still matters."
"He was a very funny man and warm man. Told jokes all the time. Very self-deprecating. And very humble. When it came to his students and students who disagreed with him -- and a lot of students in our classes disagreed with him; it was the mid-'80s, Reagan and all that, a very conservative era -- he didn't sit there and shut them down. ... He would lecture for a little while, maybe a guest speaker, and then it was an open forum for students to talk and challenge him. He enjoyed being challenged. It kept him fresh and it kept him on his toes and it kept him connected to the next generation. He always wanted to connect to young people."
"It is the great challenge of our time: How to achieve justice, with struggle, but without war. Ch. 5, p. 105"
"A sophisticated system of control that is confident of its power can permit a measure of dissidence. However, it watches its critics carefully, ready to overwhelm them, intimidate them, and even suppress them should they ever seriously threaten the system, or should the establishment, in a state of paranoia, think they do. If readers think I am exaggerating...they should read the volumes of reports on the FBI and the CIA published in 1975 by the Senate Select Committee on Government Operations."
"Dissident ideas can still exist in such a situation, but they will be drowned in criticism and made disreputable, because they are outside the acceptable choices. Or they may be allowed to survive in the corners of the culture emaciated, but alive-and presented as evidence of our democracy, our tolerance, and our pluralism."
"In the year 1984 Forbes magazine, a leading periodical for high finance and big business, drew up a list of the wealthiest individuals in the United States. The top 400 people had assets totaling $60 billion. At the bottom of the population there were 60 million people who had no assets at all. Around the same time, the economist Lester Thurow estimated that 482 very wealthy individuals controlled (without necessarily owning) over $2,000 billion ($2 trillion). Consider the influence of such a very rich class-with its inevitable control of press, radio, television, and education-on the thinking of the nation."
"These ideas are not accepted by all Americans. But they are believed widely enough and strongly enough to dominate our thinking. And as long as they do, those who hold wealth and power in our society will remain secure in their control."
"For instance: "Be realistic; this is the way things are; there's no point thinking about how things should be."; "People who teach or write or report the news should be objective; they should not try to advance their own opinions."; "There are unjust wars, but also just wars."; "Freedom of speech is desirable, but not when it threatens national security."; "Racial equality is desirable, but we've gone far enough in that direction."..."
"The dominance of these ideas is not the product of a conspiratorial group that has devilishly plotted to implant on society a particular point of view. Nor is it an accident, an innocent result of people thinking freely. There is a process of natural (or, rather unnatural) selection, in which certain orthodox ideas are encouraged, financed, and pushed forward by the most powerful mechanisms of our culture. These ideas are preferred because they are safe; they don't threaten established wealth or power."
"We grow up in a society where our choice of ideas is limited and where certain ideas dominate: We hear them from our parents, in the schools, in the churches, in the newspapers, and on radio and television. They have been in the air ever since we learned to walk and talk. They constitute an American ideology-that is, a dominant pattern of ideas. Most people accept them, and if we do, too, we are less likely to get into trouble."
"If those in charge of our society — politicians, corporate executives, and owners of press and television — can dominate our ideas, they will be secure in their power."
"As we pass from one century to another, one millennium to one another, we would like to think that history itself is transformed as dramatically as the calendar. However, it rushes on, as it always did, with two forces racing toward the future, one splendidly uniformed, the other ragged but inspired. There is the past and its continuing horrors: violence, war, prejudices against those who are different, outrageous monopolization of the good earth's wealth by a few, political power in the hands of liars and murderers, the building of prisons instead of schools, the poisoning of the press and the entire culture by money. It is easy to become discouraged observing this, especially since this is what the press and television insist that we look at, and nothing more. But there is also (though much of this is kept from us, to keep us intimidated and without hope) the bubbling of change under the surface of obedience: the growing revulsion against endless wars (I think of the Russian women in the nineties, demanding their country end its military intervention in Chechnya, as did Americans during the Vietnam war); the insistence of women all over the world that they will no longer tolerate abuse and subordination… There is civil disobedience against the military machine, protest against police brutality directed especially at people of color. In the United States, we see the educational system, a burgeoning new literature, alternative radio stations, a wealth of documentary films outside the mainstream, even Hollywood itself and sometimes television-compelled to recognize the growing multiracial character of the nation. Yes, we have in this country, dominated by corporate wealth and military power and two antiquated political parties, what a fearful conservative characterized as "a permanent adversarial culture" challenging the present, demanding a new future. It is a race in which we can all choose to participate, or just to watch. But we should know that our choice will help determine the outcome. I think of the words of the poet Shelley, recited by women garment workers in New York to one another at the start of the twentieth century."
"These are white workers, neither rich nor poor, but angry over economic insecurity, unhappy with their work, worried about their neighborhoods, hostile to government-combining elements of racism with elements of class consciousness, contempt for the lower classes along with distrust for the elite, and thus open to solutions from any direction, right or left."
"There is evidence of growing dissatisfaction among the guards. We have known for some time that the poor and ignored were the nonvoters, alienated from a political system they felt didn't care about them, and about which they could do little. Now alienation has spread upward into families above the poverty line."
"Certain new facts... emerge so clearly as to lead to general withdrawal of loyalty from the system. The new conditions of technology, economics, and war, in the atomic age, make it less and less possible for the guards of the system-the intellectuals, the home owners, the taxpayers, the skilled workers, the professionals, the servants of government - to remain immune from the violence (physical and psychic) inflicted on the black, the poor, the criminal, the enemy overseas. The internationalization of the economy, the movement of refugees and illegal immigrants across borders, both make it more difficult for the people of the industrial countries to be oblivious to hunger and disease in the poor countries of the world."
"That will happen... when all of us who are slightly privileged and slightly uneasy begin to see that we are like the guards in the prison uprising at Attica - expendable; that the Establishment, whatever rewards it gives us, will also, if necessary to maintain its control, kill us."
"In a highly developed society, the Establishment cannot survive without the obedience and loyalty of millions of people who are given small rewards to keep the system going: the soldiers and police, teachers and ministers, administrators and social workers, technicians and production workers, doctors, lawyers, nurses, transport and communications workers, garbage men and firemen. These people-the employed, the somewhat privileged-are drawn into alliance with the elite. They become the guards of the system, buffers between the upper and lower classes. If they stop obeying, the system falls."
"History which keeps alive the memory of people's resistance suggests new definitions of power. By traditional definitions, whoever possesses military strength, wealth, command of official ideology, cultural control, has power. Measured by these standards, popular rebellion never looks strong enough to survive. However, the unexpected victories -even temporary ones - of insurgents show the vulnerability of the supposedly powerful."
"But most histories understate revolt, overemphasize statesmanship, and thus encourage impotency among citizens. When we look closely at resistance movements, or even at isolated forms of rebellion, we discover that class consciousness, or any other awareness of injustice, has multiple levels. It has many ways of expression, many ways of revealing itself-open, subtle, direct, distorted. In a system of intimidation and control, people do not show how much they know, how deeply they feel, until their practical sense informs them they can do so without being destroyed."
"To recall this is to remind people of what the Establishment would like them to forget-the enormous capacity of apparently helpless people to resist, of apparently contented people to demand change. To uncover such history is to find a powerful human impulse to assert one's humanity. It is to hold out, even in times of deep pessimism, the possibility of surprise. True, to overestimate class consciousness, to exaggerate rebellion and its successes, would be misleading. It would not account for the fact that the world-not just the United States, but everywhere else-is still in the hands of the elites, that people's movements, although they show an infinite capacity for recurrence, have so far been either defeated or absorbed or perverted..."
"Blacks, cajoled by Supreme Court decisions and congressional statutes, rebelled. Women, wooed and ignored, romanticized and mistreated, rebelled. Indians, thought dead, reappeared, defiant. Young people, despite lures of career and comfort, defected. Working people, thought soothed by reforms, regulated by law, kept within bounds by their own unions, went on strike. Government intellectuals, pledged to secrecy, began giving away secrets..."
"But with all the controls of power and punishment, enticements and concessions, diversions and decoys, operating throughout the history of the country, the Establishment has been unable to keep itself secure from revolt. Every time it looked as if it had succeeded, the very people it thought seduced or subdued, stirred and rose."
"How skillful to tax the middle class to pay for the relief of the poor, building resentment on top of humiliation! How adroit to bus poor black youngsters into poor white neighborhoods, in a violent exchange of impoverished schools, while the schools of the rich remain untouched and the wealth of the nation, doled out carefully where children need free milk, is drained for billion-dollar aircraft carriers. How ingenious to meet the demands of blacks and women for equality by giving them small special benefits, and setting them in competition with everyone else for jobs made scarce by an irrational, wasteful system. How wise to turn the fear and anger of the majority toward a class of criminals bred - by economic inequity - faster than they can be put away, deflecting attention from the huge thefts of national resources carried out within the law by men in executive offices."
"It is very important for the Establishment - that uneasy club of business executives, generals, and politicos - to maintain the historic pretension of national unity, in which the government represents all the people, and the common enemy is overseas, not at home... It is important for them also to make sure this artificial unity of highly privileged and slightly privileged is the only unity - that the 99 percent remain split in countless ways, and turn against one another to vent their angers."
"Capitalism has always been a failure for the lower classes. It is now beginning to fail for the middle classes."
"One percent of the nation owns a third of the wealth. The rest of the wealth is distributed in such a way as to turn those in the 99 percent against one another: small property owners against the propertyless, black against white, native-born against foreign-born, intellectuals and professionals against the uneducated and the unskilled. These groups have resented one another and warred against one another with such vehemence and violence as to obscure their common position as sharers of leftovers in a very wealthy country (w:Divide & rule)."
"It was not until I joined the faculty of Spelman College, a college for black women in Atlanta, Georgia, that I began to read the African-American historians who never appeared on my reading lists in graduate school (W. E. B. Du Bois, Rayford Logan, Lawrence Reddick, Horace Mann Bond, John Hope Franklin). Nowhere in my history education had I learned about the massacres of black people that took place again and again, amid the silence of a national government pledged, by the Constitution, to protect equal rights for all."
"One of the most influential books to appear in the early seventies was a book assembled by eleven women in the Boston Women's Health Book Collective called Our Bodies, Ourselves...They quoted the English suffragette Christabel Pankhurst: “Remember the dignity/of your womanhood./Do not appeal,/do not beg,/do not grovel./Take courage/join hands,/stand beside us./Fight with us…”"
"While some multimillionaires started in poverty, most did not. A study of the origins of 303 textile, railroad and steel executives of the 1870s showed that 90 percent came from middle- or upper-class families. The Horatio Alger stories of "rags to riches" were true for a few men, but mostly a myth, and a useful myth for control."
"To white Americans of the thirties, however, blacks North and South were invisible. Only the radicals made an attempt to break the racial barriers: Socialists, Trotskyists, Communists most of all."
"Behind the rebel battle yells and the legendary spirit of the Confederate army, there was much reluctance to fight. A sympathetic historian of the South, E. Merton Coulter, asked "Why did the Confederacy fail? The forces leading to the defeat were many but they may be summed up in this one fact"The People did not will hard enough and long enough to win."Not money or soldiers, but willpower and morale were decisive."
"It is possible, reading standard histories, to forget half the population of the country. The explorers were men, the landholders and merchants men, the political leaders men, the military figures men. The very invisibility of women, the overlooking of women, is a sign of their submerged status."
"I am supposing, or perhaps only hoping, that our future may be found in the past's fugitive moments of compassion rather than in its solid centuries of warfare."
"In this extraordinary volume, Elizabeth Martinez reveals what has thus far been hidden from our view, the rich and inspiring history of Chicana women, from the early days of the Spanish conquest to the contemporary struggles for immigrant rights. The book is a treasure trove of exciting information and striking images. It should become an indispensable part of everyone's library, and a special gift to future generations of the young, on whom we depend to change the world."
"Khalil Bendib, with a few ingenious strokes of his pen, gets to the heart of the issues of our time. His cartoons are in the greatest tradition of American political humor, with that combination of wit and intelligence so needed in the struggle for justice."
"There are other problems with the law. It’s a strange thing; we think that law brings order. Law doesn’t. How do we know that law does not bring order? Look around us. We live under the rules of law. Notice how much order we have? People say we have to worry about civil disobedience because it will lead to anarchy. Take a look at the present world in which the rule of law obtains. This is the closest to what is called anarchy in the popular mind — confusion, chaos, international banditry. The only order that is really worth anything does not come through the enforcement of law, it comes through the establishment of a society which is just and in which harmonious relationships are established and in which you need a minimum of regulation to create decent sets of arrangements among people. But the order based on law and on the force of law is the order of the totalitarian state, and it inevitably leads either to total injustice or to rebellion — eventually, in other words, to very great disorder."
"The law conceals many things. The law is the Bill of Rights. In fact, that is what we think of when we develop our reverence for the law. The law is something that protects us; the law is our right — the law is the Constitution. Bill of Rights Day, essay contests sponsored by the American Legion on our Bill of Rights, that is the law. And that is good. But there is another part of the law that doesn’t get ballyhooed — the legislation that has gone through month after month, year after year, from the beginning of the Republic, which allocates the resources of the country in such a way as to leave some people very rich and other people very poor, and still others scrambling like mad for what little is left. That is the law. If you go to law school you will see this. You can quantify it by counting the big, heavy law books that people carry around with them and see how many law books you count that say “Constitutional Rights” on them and how many that say “Property,” “Contracts,” “Torts,” “Corporation Law.” That is what the law is mostly about."