Share this sentence
— Ronald Reagan"You and I, as individuals, can, by borrowing, live beyond our means, but for only a limited period of time. Why, then, should we think that collectively, as a nation, we're not bound by that same limitation? We must act today in order to preserve tomorrow."
Related information
Discover more quotes
Previous Quote
I bet Richard Fuld doesn't have an ounce of contrition. It's just megalomania. When it's like that, you need rules to prevent catastrophe. When banks are borrowing the government's credit rating, you need rules to prevent stupid things.
— Charlie Munger
Next Quote
The other day Aks and I went up to your ranch for a day's fishing. I cannot remember any day when we have had more fun on a stream. We had along with us three newspaper men and a few secret service people, many of whom had never seen a trout stream, so we did the thing up right by borrowing frying pans, bacon and corn meal from the wife of your rancher - and we cooked an outdoor meal for the crowd. It was really quite a day.
— Dwight D. Eisenhower
Loading recommended content...