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"And so we have to be careful with looking at additional stimulus that we don't provoke an increase in the bond rate and then offset a lot of the stimulus we've already got."
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"By reading Huckleberry Finn I felt I was able to justify my act of going into the mountain forest at night and sleeping among the trees with a sense of security which I could never find indoors."
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Personal Development
"You can't get a cup of tea big enough or a book long enough to suit me."
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Personal Development
"There is no other enjoyment like reading."
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Personal Development
"One must be an inventor to read well. There is then creative reading as well as creative writing."
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Personal Development
"A learned man is a sedentary, concentrated solitary enthusiast, who searches through books to discover some particular grain of truth upon which he has set his heart. If the passion for reading conquers him, his gains dwindle and vanish between his fingers. A reader, on the other hand, must check the desire for learning at the outset; if knowledge sticks to him well and good, but to go in pursuit of it, to read on a system, to become a specialist or an authority, is very apt to kill what suits us to consider the more humane passion for pure and disinterested reading."
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Personal Development
"I read anything that's going to be interesting. But you don't know what it is until you've read it. Somewhere in a book on the history of false teeth there'll be the making of a novel."
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Personal Development
"Books smell and feel better. They have that wonderful thingness of turning the pages."
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Personal Development
"It can't be supposed," said Joe. "Tho' I'm oncommon fond of reading, too."Are you, Joe?"Oncommon. Give me," said Joe, "a good book, or a good newspaper, and sit me down afore a good fire, and I ask no better. Lord!" he continued, after rubbing his knees a little, "when you do come to a J and a O, and says you, 'Here, at last, is a J-O, Joe,' how interesting reading is!"
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Personal Development
"The true reader reads every work seriously in the sense that he reads it whole-heartedly, makes himself as receptive as he can. But for that very reason he cannot possibly read every work solemly or gravely. For he will read 'in the same spirit that the author writ.'... He will never commit the error of trying to munch whipped cream as if it were venison."
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Personal Development
"Ah, how good it is to be among people who are reading."
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"So from the housing standpoint, steady as you go, I think, would be the best medicine."
Stability
"Well, I think as long as people are talking about stimulus, I think the Fed will be thinking about cutting rates because monetary policy is the better way to go because you can turn it on and turn it off."
People
"That is - the reason for that is that home prices are only going to go up. Now, they've never gone down nationwide in our - since we've been keeping track of this."
Home
"They flooded liquidity in the marketplace but the mortgage rate is based much more on expectations of inflation. So if the average investor believes that there is inflation coming, they'll move that rate up."
Expectation
"Right now we think that rates will stay low, that you'll be able to get a mortgage below seven percent and that's kicked off a refinance boom that's going to put more money in the pockets of consumers."
Money
"If there's a severe recession, the automatic stabilizers will come into effect, and we will still try to reduce the structural deficit, but we will not try to keep cutting the budget so that we keep worsening a severe recession."
Economy
"I think if you go beyond a year - if this continues into the system in the out years, I think there is a risk and that - that we could have a negative reaction in the bond market and that will offset the good that was attempted to be done."
Negative
"And so we have to be careful with looking at additional stimulus that we don't provoke an increase in the bond rate and then offset a lot of the stimulus we've already got."
Reading
"Right now the long-term investors are telling us that they're not as concerned about inflation and so we're seeing these rates now move into the marketplace and out to the street - rates that individuals can get."
Finance
"The automatic stabilizer is unemployment insurance, food stamps, additional coverage of Medicaid."
Food
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