I think it's terrible for people in effect to say that income from investment should be taxed at a much lower rate than income from labor.

The American worker is more productive than he's ever been. We've got more people to do it. We've got all the ingredients for a sensational future. It's just that right now the athlete's on the floor. This is a super athlete.

You want to be greedy when others are fearful.

I think it's terrible for people in effect to say that income from investment should be taxed at a much lower rate than income from labor.

The U.S. Treasury has got borrowing costs like nobody else has. They can borrow basically unlimited amounts. They can stay there for years and years. These assets will be worth more money over time.

Beware of geeks, you know, bearing formulas.

Somebody's buying these treasury bills at 1/20th of one percent. I mean we consuming about $2 billion a day of goods and services beyond what we're producing.And it reflects American's consumption ideas rather than its savings ideas.