<blockquote>'You print money, print money and print money, but you don’t create real wealth.'
- Thomas Hoenig (
Hoenig blasts Fed policy, talks about retirement, July 13, 2011 (
Thomas Hoenig’s Final Parting Shots, October 3rd, 2011)</blockquote>
'..The world doesn't have too little debt, but too much..'<blockquote>'..America's problem isn't too little money. It's a lack of competitive products.
..
The fact that Europeans are unwilling to comply with Obama's strange logic gives reason for hope. It makes no sense to pile up more and more debt on already unstable piles of debt. The world doesn't have too little debt, but too much.
Obama should retract his advice, or he might end up like the village judge in Kleist's comedy. When his deception was discovered, he was forced to flee and his days as a judge came to a rapid end.'
- Michael Sauga,
Why Europe Is Right and Obama Is Wrong, 10/03/2011</blockquote>
Context<blockquote>
'.."financial slavery" that grips the world .. are of high human and personal cost..'Banking Reform</blockquote>