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Benjamin Graham

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The idea of storage as a solution of economic problems at least has the support of common sense.It is diametrically opposed to the topsy-turvy Alice-in-Wonderland reasoning that has marked so much of our depression thinking and policy.
--
Preface, p. vii

 
Benjamin Graham

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I do love Alice in Wonderland though, that's something I think I could do very well. Don't you think we ought to do an A.W.? A.W.'s Alice in Wonderland? Andy Warhol's Alice in Wonderland? A.W. stands for a lot of things, I understand. It, uh, it would make a fantastic film. So I wanted somebody to write the script for it, in a modern sense. I think it would be the most marvelous movie in the world, if it could be done. Don't you think? Really, I don't think they'e done one since they did a Walt Disney one — which isn’t really doing it. In a sense it is, but not in the way it really should be done. What's needed right now is a real scene. I mean not just cartoon characters, but the actual character of people because there's so many fantastic people that you might as well use the people.

 
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...the common sense of Christendom has always prescribed for national policy principles diametrically opposed to those that are laid down in the Sermon on the Mount.

 
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From the Great Depression, to the stagflation of the seventies, to the current economic crisis caused by the housing bubble, every economic downturn suffered by this country over the past century can be traced to Federal Reserve policy. The Fed has followed a consistent policy of flooding the economy with easy money, leading to a misallocation of resources and an artificial 'boom' followed by a recession or depression when the Fed-created bubble bursts.

 
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I am saying what I believe. And I'm being drawn into the political process because of what I believe and what I've said about it.
So it's precisely the opposite of a man like Tom DeLay, who is only motivated by politics and says whatever he needs to say to get the political purpose. And so, you know, it couldn't be more diametrically opposed, and I couldn't be more opposed than I am to Tom DeLay.
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