"Goldman Sachs now has the biggest oil position in America and probably one of the biggest oil positions in the world. They're long oil. So the banks have aggressively been buying oil on their balance sheets. I think they might see this as a way to bail themselves out of this mortgage crisis."

--

Source : Source: www.huffingtonpost.com

Max Keiser

#Thinking Quotes #Long Quotes #Balance Quotes

“Music is the sole art which evokes nostalgia for the future.”

Source : Ned Rorem (2013). “Setting the Tone: Essays and a Diary”, p.245, Open Road Media
“Even though I grew up as a Sephardic Jew in Brooklyn where we ate Syrian food and went to temple, it was still America.”
“The central industry of modern civilisation, tending, because of its control over materials, to spread into and ultimately incorporate older industries such as mining, smelting, oil- refining, textiles, rubber, building, and even agriculture in respect to fertilizers and food processing.”

Source : John Desmond Bernal (1965). “Science in history”
“In a network situation, a vice president, while he's shaving, can decide your history.”
“Childhood is the sleep of reason. [Fr., L'enfance est le sommeil de la raison.]”
“Larry Colton’s Ordinary Joes are just like us, yet they endure what we could never imagine, and are ennobled in ways they themselves might not claim. Intimate and epic, unblinking and even-handed, Colton’s engrossing story strips sentimentality and cliché from our notion of hero.”
“Just recently I was in Target with my mom shopping, and out of the blue, I see this father and his two daughters and he says, 'Can they get a picture with you?' And I'm thinking to myself, 'Am I the one millionth customer or something?'”
“Don't judge the future of a person based on his present conditions, becausetime has the power to change black coal to shiny diamond.”

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