#gen

What we define as a bubble is any kind of debt-fueled asset inflation where the cash flow generated by the asset itself - a rental property, office building, condo - does not cover the debt incurred to buy the asset. So you depend on a greater fool, if you will, to come in and buy at a higher price. ↗

— James Chanos

#asset #bubble #building #buy #cash

Coming generations will learn equality from poverty, and love from woes. ↗

— Khalil Gibran

#coming #generations #learn #love #poverty

The intellectual architecture means focusing on doing great work instead of focusing on agency politics. ↗

— Jay Chiat

#architecture #doing #focusing #great #great work

He plants trees to benefit another generation. ↗

— Caecilius Statius

#another #benefit #generation #plants #trees

If our most highly qualified General Staff officers had been told to work out the most nonsensical high level organization for war which they could think of, they could not have produced anything more stupid that that which we have at present. ↗

— Claus von Stauffenberg

#been #could #general #had #high

I feel sorry for the person who can't get genuinely excited about his work. Not only will he never be satisfied, but he will never achieve anything worthwhile. ↗

— Walter Chrysler

#achieve #anything #excited #feel #genuinely

There is no consensus, there is no homogeneity, there is no truth. ↗

— Ward Churchill

#homogeneity #truth

True genius resides in the capacity for evaluation of uncertain, hazardous, and conflicting information. ↗

— Winston Churchill

#conflicting #evaluation #genius #hazardous #information

It is the union of independence and dependence of these branches - legislative, executive and judicial - and of the governmental functions possessed by each of them, that constitutes the marvellous genius of this unrivalled document. ↗

— J. Reuben Clark

#constitutes #dependence #document #each #executive

The Patriotic Millionaires campaign, pulled together quickly by the Agenda Project in New York City, just happens to appear on the same day as a new study from the Center for Responsive Politics revealing that half of the members of the House and the Senate are millionaires. ↗

— Joe Conason

#appear #campaign #center #city #day