Quote of the Day:

Fareed Zakaria

  • The tallest building in the world is now in Dubai, the biggest factory in the world is in China, the largest oil refinery is in India, the largest investment fund in the world is in Abu Dhabi, the largest Ferris wheel in the world is in Singapore.
  • Americans have so far put up with inequality because they felt they could change their status. They didn't mind others being rich, as long as they had a path to move up as well. The American Dream is all about social mobility in a sense - the idea that anyone can make it.
  • During the Cold War, we were interested because we were scared that Russia and the United States were going to go to war. We were scared that Russia was going to take over the world. Every country became a battleground.
  • The Berlin Wall wasn't the only barrier to fall after the collapse of the Soviet Union and the end of the Cold War. Traditional barriers to the flow of money, trade, people and ideas also fell.
  • In a very weak economy, when you say 'cut government spending,' what you mean is you're laying off school teachers and you're de-funding various programs that put money into the economy. This means you have more unemployed people that then draw unemployment benefits and don't pay taxes.
  • Politics and power is a realm of relative influence.
  • When you're failing, there's a very powerful incentive to put ideology aside and just do what seems to work.
  • Conservatives used to believe in confronting hard truths, not succumbing to comforting fairy tales. Some still do.
  • It hasn't been easy to find American citizens who are willing to pick fruit in 110 degree weather.
  • If there is one lesson for U.S. foreign policy from the past 10 years, it is surely that military intervention can seem simple but is in fact a complex affair with the potential for unintended consequences.