Do I listen to pop music because I'm miserable or am I miserable because listen to pop music?
I came to a stark realization: chronic surpluses could be almost as destabilizing as chronic deficits.
But rules cannot substitute for character.
I don't know where the stock market is going, but I will say this, that if it continues higher, this will do more to stimulate the economy than anything we've been talking about today or anything anybody else was talking about.
Regulators have not been able to achieve the level of future clarity required to act pre-emptively. The problem is not lack of regulation but unrealistic expectations. What we confront in reality is uncertainty, some of it frighteningly so. . .
Credit-default swaps, I think, have serious problems associated with them.
I'm always amazed that my wife can handle different subjects - one day politics, the next day foreign policy. And she always has so much fun doing it. We make a good team.
Free will is something that people struggle with so much, but it's very simple to me. Carl Jung said at the same moment you're a protagonist in your own life making choices, you also are the spear carrier, or the extra, in a much larger drama. You've got to live with these two opposite ideas at the same time.
Actually, I have been very supportive of a very robust stimulus package from day one. I think this economy has to have a major stimulus initiative because the only group with liquidity is the federal government.
There prevails still a subtle form of legalism which would rob the Saviour of his crown of glory, earned by the cross, and would make of him a second Moses, offering us the stones of the law instead of the life-bread of the gospel.
It is hard to learn when we think we know something.