We don't supply a hundred billion dollars worth of weapons to the war criminals in Saudi Arabia nor do we supply eight million dollars a day to the Israeli army that is also violating international law and human rights.
Fifteen dollars an hour minimum wage. That was one of the reasons why so many people flocked to Bernie Sanders candidacy.
Now unless you have billions of dollars, it's impossible to reach tens of millions of American people no matter how hard you campaign.
Both [Donald] Trump and Hillary [Clinton] want bigger military budgets and Hillary supports President Obama's one trillion dollar expenditure to so-called upgrade nuclear weapons. P
CNN stands to make a hundred million dollars more than it's expected lift for the election cycle, due to the phenomenon that is Donald Trump.
A [Donald] Trump win might be bad for stocks, but it would be very positive for the dollar and Treasurys.
[Donald Trump] is so unpredictable that foreigners are going to look around and say "boy, we've got to head for the safe havens." And one of the safe havens is Treasurys and [another is] the dollar.
Treasurys, as low as yields are, are higher than they are in most other developed countries. A foreign investor picks up a yield spread in Treasurys versus their own sovereigns, plus the fact that if the dollar is going to continue rallying - and I think it will because it's a safe haven - then they get a currency translation gain as well.
It doesn't take billions of dollars or complex medical technologies, and there doesn't have to be a dramatic upending to the current order. It's trying to change the mindset of people who deal with youth to have less judgement and more curiosity. That's asking a lot, emotionally it's asking people to step up and engage more. But what I often heard was that is easier for them to engage emotionally, than to just be angry and judgmental.
We have seen that [Zika virus] has caused, and is causing, a whole series of problems for pregnant women and for their unborn children, and we are seeing that it is transmitted by mosquitos, and mosquitos are a serious matter during the summer in Florida. So we are very worried about those funds not being available. There is $500 million dollars available from the Ebola money that was not used. I think it is going to be used immediately.
The last time I didn't sexually harass someone here at the campaign, I didn't pay them $850,000 dollars.
The yen is trading where it's trading because people are guessing about people's future interest rates, dollar and yen and about the future growth potential of the economies. And, if this policy works, then the yen will probably strengthen.
We've seen the volatility at dollar-yen, U.S. Treasurys, JGBs (Japanese government bonds), German bunds.
There's all kind of evidence that there is enormous corruption in the distribution of that money. For example, they gave about $100 to $150 dollars to each of the teachers. They gave about $500 dollars to those who were getting married. Through this process, they obviously collected a lot of votes, but these monies could not solve the structural problems that these people face. But the only result, the only consequence, was that a big sum from the budget was wasted this way.
The N.I.M.H. spent multi-millions of dollars on [Ritalin studies], and they're going to do the same thing now with little kids. And despite the millions spent, the N.I.M.H. study wasn't even conducted according to accepted scientific procedures and is basically worthless.
If you deconstruct the movies that have done well, Pixar-type movies that do incredibly well and make hundreds of millions of dollars, they have a strain of decency and conservatism that maybe even their filmmakers don't even recognize. Yet, we cross our fingers that by mistake, liberal filmmakers and liberal producers are going to by mistake make conservative movies. We have to become invested in it, or else we have no excuse to complain.
Nobody's coming to me with 60 million dollars to turn it into a 315 million dollar juggernaut even though I created the Huffington Post.
As well as, we know, as a real estate developer, [Donald Trump] has hundreds of millions of dollars in debt, in loans.
I've raised millions of dollars for the vets. I'm helping the vets a lot.
A dramatic unwinding of that relationship [between USA and China], by way of an aggressive trade policy, is one of the nightmare scenarios for the global economy as a whole, because it would result in a spiraling depreciation of the dollar, a surge in American interests rates, a collapse in the market for American government debt.
The market is regarded as democratic because everybody has a vote. Of course, some have more votes than others because your votes depend on the number of dollars you have, but everybody participates and therefore it's called democratic.
If there are dollars to be made, you destroy the environment. The reason is elementary. The people who are going to be harmed by this are your grandchildren and they don't have any votes in the market. Their interests are worth zero. Anybody that pays attention to their grandchildren's interests is being irrational. Because what you're supposed to do is maximize your own interests, measured by wealth, right now. Nothing else matters. So destroying the environment and militarizing outer space are rational policies, but within a framework of institutional lunacy.
[The U.S. Treasury] can borrow basically unlimited amounts. They can stay there for years and years. These assets will be worth more money over time. So when Merrill Lynch sells a bunch of mortgage-related assets at 22 cents on the dollar like they did a month or so ago, the buyer goes - is going to make money, and he's going to make a lot more money if it happens to be an institution like the U.S. government which has very, very cheap borrowing costs.
When Berkshire Hathaway laid out three billion dollars for GE today, we didn't spend it, we invested it. When the Federal government buys the mortgages, they're not spending it, they're investing it. Now, they're investing it in distress type assets but they're buying them at distress prices if they buy them at market. It's the kind of stuff I love to do. I just don't have 700 million. Maybe we could go in it together.
I'm sitting with six and a half billion dollars we're going to use to close the Mars-Wrigley deal on October 6. I've got to hand over that six and a half billion on October 6. Now, I have to be very careful about who I leave it in between now and then, because they're expecting that he show up.
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