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Antisthenes used to say that envious people were devoured by their own disposition, just as iron is by rust. Envy of others comes from comparing what they have with what the envious person has, rather than the envious person realising they have more than what they could have and certainly more than some others and being grateful. It is really just an inability to get a correct perspective on their lives.

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Alan Greenspan

History has not dealt kindly with the aftermath of protracted periods of low risk premiums.

Risk, Aftermath, Economy, Dealt, History, Protracted
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But rules cannot substitute for character.

Character, Rules, Substitute, Substitutes

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.

Economy, Know, Stock, Talking, Today

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. . .

Expectations, Ignorance, Lack, Reality, Regulators, Required

Credit-default swaps, I think, have serious problems associated with them.

Associated, Credit, Serious, Swaps, Think, Thinking

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.

Fun, Next Day, Policy, Politics, Team, Wife
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