Alex Berenson Quotes & Sayings (Page 11)

“When all the plants in a region are running at full steam, there is simply no way to get more power.”

“Fannie Mae is owned by shareholders but operates under a federal charter that exempts it from paying state or local taxes. As a result, many professional investors think the government would repay the debt that Fannie Mae had issued if the company could not, although Fannie Mae explicitly says that its bonds do not carry a federal guarantee.”

“Because Genentech is a leading developer of cancer therapies, some doctors also fear that the company's pricing plans for Avastin - around $8,800 a month - may encourage other companies to charge more for their own oncology drugs.”

“Economics pretends to be a science. Its practitioners fill blackboards with equations and clog computers with data. But it is really a faith, or more accurately a set of overlapping and squabbling faiths, each with its own doctrines.”

“For value investors, General Motors is a tempting target. The company's share of the North American auto market has steadily declined for two decades, and analysts say the company suffers from weak management and unexciting cars.”

“Generally, a rally will have staying power, technicians say, if, in addition to price movements, it has heavy trading volume and breadth, meaning that several stocks rise for each stock that falls.”

“In a Ponzi scheme, a promoter pays back his initial investors with money he has raised from new investors. Eventually, the promoter can no longer find enough new investors to pay off the people who have already put up money, and the scheme collapses.”

“In Ghazalia, Mr. Hussein showed his contempt for the majority Shiites in ways large and small. He refused to allow them even one mosque, while the Sunnis had nearly a dozen. To worship, the Shiites had to cross an inconveniently located bridge over the sewage canal to Shula.”

“In the short run, using militias might be the quickest and easiest way to improve order on Iraq's streets and uproot the terrorists and guerrillas who routinely attack American troops and civilian targets.”

“It has been said that the Fed's job is to take the punch bowl away just as the party gets going, raising interest rates when the economy is growing too fast and inflation threatens.”