If you bail out every investment bank that gets in trouble, that's not capitalism, that's socialism for the rich
Most people get into bands for three very simple rock and roll reasons: to get laid, to get fame, and to get rich.
I learned early that business is business and politics is politics. The proof is how few important businessmen have made good politicians. They may think that they are very smart about everything because they made millions of dollars by digging a hole in the ground and finding oil, but the talent and luck needed to become rich are not the same talent and luck needed to succeed on Parliament Hill.
The Philippines is in a strategic position. It is both East and West, right and left, rich and poor. We are neither here nor there.
Women in London are like the rich silks; they are out of fashion a great while before they wear out.
Save your wealth against future calamity. Do not say, "what fear has a rich man of calamity?" Wealth sometimes vanishes away and large accumulations perish.
At first it was the incomes of corporations, then of rich citizens, then of well-provided widows and opulent workers, and finally the wealth of housemaids and the tips of waitresses. This is all in line with the ability to pay doctrine. The poor, simply because there are more of them, have more ability to pay than the rich.
Sawbeaked epitome of bodiless Idea, tossed by gusts of ether, dive Through abstract mists and raid the sea of fact Eat rich strange fish, grow long bright feathers, press Form's flesh around thought's rib, and so derive From the act of beauty, beauty of the act.
It is a merchant's nature to quibble over coins. It is how we become rich and buy satin shirts. The problems of who governs this area is one for another day.
We were giving advice for the single-worst idea to come forward from a group that's been rife with them, it would be this: The idea is this: Let's make the tax code of America better for very rich people; let's give substantial tax relief to the richest people we can find. Forget about the person making $40,000 a year and paying Social Security payroll tax. Forget about all those other people paying income tax; we're here to give tax relief to the richest 2% of America.
We don't have a choice about Facebook any more. The choice element is less obvious than it seems. Maybe the 1bn poor people and a few hundred thousand rich people can afford not to be on it.. the rest of us don't have any choice.
Unfortunately, in rich-world health, innovation is both your friend and your enemy. Innovation is inventing organ replacement, joint replacement. We're inventing ways of doing new things that cost $300,000 and take people in their 70s and, on average, give them an extra, say, two or three years of life. And then you have to say, given finite resources, should we fire two or three teachers to do this operation?
I grew up in Hollywood but not in any rich neighborhood.
God only, who made us rich, can make us poor.
Just because I was married to Aly Khan, people think I'm rich. Well, I'm not. I never got a dime from Aly or from any of my husbands.
There is the general belief that the corporation income tax is a tax on the "rich" and on the "fat cats." But with pension funds owning 30% of American large business-and soon to own 50%-the corporation income tax, in effect, eases the load on those in top income brackets and penalizes the beneficiaries of pension funds.
In Harlem, for instance, all of the stores are owned by white people, all of the buildings are owned by white people. The black people are just there - paying rent, buying the groceries; but they don't own the stores, clothing stores, food stores, any kind of stores; don't even own the homes that they live in. They are all owned by outsiders, and for these run-down apartment dwellings, the black man in Harlem pays more money than the man down in the rich Park Avenue section.
Nine-tenths of the people are at present freeholders... The time is not distant when this country will abound with mechanics and manufacturers who will receive their bread from their employers. Will such men be the secure and faithful guardians of liberty? Give the votes to people who have no property, and they will sell them to the rich who will be able to buy them.
For the rich men without scruple drew the estate into their own hands, excluding the rightful heirs from their succession; and all the wealth being centred upon the few, the generality were poor and miserable. Honourable pursuits, for which there was no longer leisure, were neglected; the state was filled with sordid business, and with hatred and envy of the rich.
The essence of capitalism is expressed in two of its basic features: a) profit maximization and b) market competition. In their abstract formulations none of them was supposed to have anything conspiratorial against the poor. But in real life they turn out to be the "killers" of the poor - by making rich the richer and poor the poorer.
The earth is not the same everywhere. Certain powers are available in one part of the earth that are not available in another part. The rich realize this. They live in these places and they use that power to stay rich.
Some of the highest vibratory places one can visit have become very expensive. They are the domains of the rich. The rich figured out a long time ago that certain neighborhoods have more power.
Piety's hard enough to take among the poor who have to practice it. A rich man's piety stinks. It's insufferable.
Book writing is not a get-rich-quick scheme. Anyone who decides to write a book must expect to invest a lot of time and effort without any guarantee of success. Books do not write themselves and they do not sell themselves. Authors write and promote their books.
Those who are saying it's possible [to balance family and business] are often in a little bit of a rarefied place where they also have the money to do that. It's not quite such an easy stance to take when you don't have the same resources. I like to remind people that these are rich Manhattanites and to keep an eye on the fact that, especially with social media and these articles and these blogs, that that is not the reality for most women, unfortunately.
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