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(slightly skeptical) Educational society promoting "Back to basics" movement against IT overcomplexity and  bastardization of classic Unix

Skeptical Finance Quotes

Bushonomics is the continuous consolidation of money
and power into higher, tighter and righter hands

George Bush Sr, November 1992

"No warning can save a people determined to grow suddenly rich."

- Lord Overstone

Obviousness is always the enemy of correctness. —Bertrand Russell, Mathematics and Metaphysicians.

We have two classes of forecasters: Those who don't know . . . and those who don't know they don't know. —John Kenneth Galbraith

"Save a little money each month and at the end of the year you'll be surprised at how little you have." —Ernest Haskins

Clemenceau once said, that the graveyards are full of indispensable men.

It is better to be vaguely right than precisely wrong.

“He who defends everything defends nothing.” – Frederick the Great

The economy depends about as much on economists as the weather does on weather forecasters.

~Jean-Paul Kauffmann

“When I'm bearish and I sell a stock, each sale must be at a lower level than the previous sale. When I am buying, the reverse is true. I must buy on a rising scale. I don’t buy long stocks on a scale down, I buy on a scale up.”

—Jesse Livermore

"The government consists of a gang of men exactly like you and me. They have no special talent for the business of government; they have only a talent for getting and holding office. Their principal device to that end is to search out groups who pant and pine for something they can't get and to promise to give it to them. In other words, government is a broker in pillage, and every election is sort of an advance auction sale of stolen goods."

H. L. Mencken

Economics is simply “mathematics bent to the service of political propaganda.”

"You know, someone once told me that New York has more lawyers than people. I think that’s the same fellow who thinks profits will become larger than GDP. When you begin to expect the growth of a component factor to forever outpace that of the aggregate, you get into certain mathematical problems.”

Mr. Buffett once noted on the Stock Market (Fortune magazine, November 1999)

“We have, in this country, one of the most corrupt institutions the world has ever known. I refer to the Federal Reserve Board. This evil institution has impoverished the people of the United States and has practically bankrupted our government. It has done this through the corrupt practices of the moneyed vultures who control it”.

— Congressman Louis T. McFadden

"We have rights, as individuals, to give as much of our own money as we please to charity, but as members of Congress we have no right so to appropriate a dollar of public money."

—David Crockett, Member of Congress, 1827-31, 1832-1835

"A corporation's primary goal is to make money. Government's primary role is to take a big chunk of that money and give it to others."

—Larry Ellison

"While money doesn't buy love, it puts you in a great bargaining position."

—Anonymous

The Golden Rule - He Who Has the Gold, Makes the Rules

"If money is your hope for independence you will never have it. The only real security that a man will have in this world is a reserve of knowledge, experience, and ability."

-Henry Ford

“In a world of businessmen and financial intermediaries who aggressively seek profit, innovators will always outpace regulators; the authorities cannot prevent changes in the structure of portfolios from occurring. What they can do is keep the asset-equity ratio of banks within bounds by setting equity-absorption ratios for various types of assets. If the authorities constrain banks and are aware of the activities of fringe banks and other financial institutions, they are in a better position to attenuate the disruptive expansionary tendencies of our economy.”

Hyman Minsky, 1986

Keynes quotes:

See also John Maynard Keynes - Wikiquote

“When the music stops, in terms of liquidity, things will be complicated. But as long as the music is playing, you've got to get up and dance. We’re still dancing." Chuck Prince, Financial Times, July 10 2007

"Before you speak, listen. Before you write, think. Before you spend, earn. Before you invest, investigate. Before you criticize, wait. Before you pray, forgive. Before you quit, try. Before you retire, save. Before you die, give." —William A. Ward

Asked once what developing countries should do with the annual reports the IMF prepares on member nations, Stiglitz recommended "picking it up, saying `thank you very much' and dropping it straight in the garbage can."

“Any time you hear a money manager say there’s $3.5 trillion dollars in cash on the sidelines, take your money away from them. Because he doesn’t know what he’s saying.”

The way to crush the bourgeoisie is to grind them between the millstones of taxation and inflation. -—Vladimir Ilyich Lenin

"Those in possession of enough power can not only prophesy and make their prophecies come true, but they can also lie and make their lies come true." Eric Hoffer

"It is generally agreed that casinos should, in the public interest, be inaccessible and expensive. And perhaps the same is true of Stock Exchanges." —John Maynard Keynes

henry-blodget-vs-ken-fisher

Back2Bat:

FR banking: Stealing purchasing power from all money holders including the poor and lending it out. 
 
Deuteronomy 24:14 
"You shall not oppress a hired servant who is poor and needy, 
whether he is one of your countrymen 
or one of your aliens who is in your land or in your towns."
 
 
Job 20:19 
"For he has oppressed and forsaken the poor; 
He has seized a house which he has not built."
 
 
Proverbs 14:31 
"He who oppresses the poor taunts his Maker, 
But he who is gracious to the needy honors Him."
 
 
Proverbs 22:16 
"He who oppresses the poor to make more for himself 
Or who gives to the rich, will only come to poverty."
 
 
Proverbs 28:3 
"A poor man who oppresses the lowly is like a driving rain which leaves no food." 
 
Proverbs 29:13 
"The poor man and the oppressor have this in common: 
The LORD gives light to the eyes of both."
 
 
Ecclesiastes 5:8 
"If you see oppression of the poor and denial of justice and righteousness in the province, do not be shocked at the sight; for one official watches over another official, and there are higher officials over them." 
 
Ezekiel 18:12 
"...oppresses the poor and needy, commits robbery, does not restore a pledge, but lifts up his eyes to the idols and commits abomination,... " 
 
Ezekiel 22:29 
"The people of the land have practiced oppression and committed robbery, and they have wronged the poor and needy and have oppressed the sojourner without justice." 
 
Amos 4:1 
"Hear this word, you cows of Bashan who are on the mountain of Samaria, 
Who oppress the poor, who crush the needy, 
Who say to your husbands, 
"Bring now, that we may drink!"
 
 
Zechariah 7:10 
"...and do not oppress the widow or the orphan, the stranger or the poor; and do not devise evil in your hearts against one another." 
 
James 2:6 
"But you have dishonored the poor man. Is it not the rich who oppress you and personally drag you into court?"

 



Etc

Society

Groupthink : Two Party System as Polyarchy : Corruption of Regulators : Bureaucracies : Understanding Micromanagers and Control Freaks : Toxic Managers :   Harvard Mafia : Diplomatic Communication : Surviving a Bad Performance Review : Insufficient Retirement Funds as Immanent Problem of Neoliberal Regime : PseudoScience : Who Rules America : Neoliberalism  : The Iron Law of Oligarchy : Libertarian Philosophy

Quotes

War and Peace : Skeptical Finance : John Kenneth Galbraith :Talleyrand : Oscar Wilde : Otto Von Bismarck : Keynes : George Carlin : Skeptics : Propaganda  : SE quotes : Language Design and Programming Quotes : Random IT-related quotesSomerset Maugham : Marcus Aurelius : Kurt Vonnegut : Eric Hoffer : Winston Churchill : Napoleon Bonaparte : Ambrose BierceBernard Shaw : Mark Twain Quotes

Bulletin:

Vol 25, No.12 (December, 2013) Rational Fools vs. Efficient Crooks The efficient markets hypothesis : Political Skeptic Bulletin, 2013 : Unemployment Bulletin, 2010 :  Vol 23, No.10 (October, 2011) An observation about corporate security departments : Slightly Skeptical Euromaydan Chronicles, June 2014 : Greenspan legacy bulletin, 2008 : Vol 25, No.10 (October, 2013) Cryptolocker Trojan (Win32/Crilock.A) : Vol 25, No.08 (August, 2013) Cloud providers as intelligence collection hubs : Financial Humor Bulletin, 2010 : Inequality Bulletin, 2009 : Financial Humor Bulletin, 2008 : Copyleft Problems Bulletin, 2004 : Financial Humor Bulletin, 2011 : Energy Bulletin, 2010 : Malware Protection Bulletin, 2010 : Vol 26, No.1 (January, 2013) Object-Oriented Cult : Political Skeptic Bulletin, 2011 : Vol 23, No.11 (November, 2011) Softpanorama classification of sysadmin horror stories : Vol 25, No.05 (May, 2013) Corporate bullshit as a communication method  : Vol 25, No.06 (June, 2013) A Note on the Relationship of Brooks Law and Conway Law

History:

Fifty glorious years (1950-2000): the triumph of the US computer engineering : Donald Knuth : TAoCP and its Influence of Computer Science : Richard Stallman : Linus Torvalds  : Larry Wall  : John K. Ousterhout : CTSS : Multix OS Unix History : Unix shell history : VI editor : History of pipes concept : Solaris : MS DOSProgramming Languages History : PL/1 : Simula 67 : C : History of GCC developmentScripting Languages : Perl history   : OS History : Mail : DNS : SSH : CPU Instruction Sets : SPARC systems 1987-2006 : Norton Commander : Norton Utilities : Norton Ghost : Frontpage history : Malware Defense History : GNU Screen : OSS early history

Classic books:

The Peter Principle : Parkinson Law : 1984 : The Mythical Man-MonthHow to Solve It by George Polya : The Art of Computer Programming : The Elements of Programming Style : The Unix Hater’s Handbook : The Jargon file : The True Believer : Programming Pearls : The Good Soldier Svejk : The Power Elite

Most popular humor pages:

Manifest of the Softpanorama IT Slacker Society : Ten Commandments of the IT Slackers Society : Computer Humor Collection : BSD Logo Story : The Cuckoo's Egg : IT Slang : C++ Humor : ARE YOU A BBS ADDICT? : The Perl Purity Test : Object oriented programmers of all nations : Financial Humor : Financial Humor Bulletin, 2008 : Financial Humor Bulletin, 2010 : The Most Comprehensive Collection of Editor-related Humor : Programming Language Humor : Goldman Sachs related humor : Greenspan humor : C Humor : Scripting Humor : Real Programmers Humor : Web Humor : GPL-related Humor : OFM Humor : Politically Incorrect Humor : IDS Humor : "Linux Sucks" Humor : Russian Musical Humor : Best Russian Programmer Humor : Microsoft plans to buy Catholic Church : Richard Stallman Related Humor : Admin Humor : Perl-related Humor : Linus Torvalds Related humor : PseudoScience Related Humor : Networking Humor : Shell Humor : Financial Humor Bulletin, 2011 : Financial Humor Bulletin, 2012 : Financial Humor Bulletin, 2013 : Java Humor : Software Engineering Humor : Sun Solaris Related Humor : Education Humor : IBM Humor : Assembler-related Humor : VIM Humor : Computer Viruses Humor : Bright tomorrow is rescheduled to a day after tomorrow : Classic Computer Humor

The Last but not Least Technology is dominated by two types of people: those who understand what they do not manage and those who manage what they do not understand ~Archibald Putt. Ph.D


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Last modified: April 28, 2010