“I believe the crisis started when we started prioritizing redistribution of wealth instead of its creation.”

Ziad K. Abdelnour

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Quote by Ziad K. Abdelnour: “I believe the crisis started when we started pri… - Image 1

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“The question is not whether we should or should not regulate; itis how much should we regulate and who the regulators shouldbe. We went overboard on deregulation under Reagan. UnderBush, many people lost in the casino. Now we have the Obamaadministration overreacting and overreaching with regulation thatdoes the exact opposite of wealth creation. If we are to have changewe can believe in, then we could start by replacing the majorityof the lawyers in regulatory agencies with actual experienced, successfulbusiness veterans. They would have recognized the early warningsigns of many of the financial debacles created by the bubble-bustcycle.”


“It's all about the ripple effects of “wealth creation”. What comes after you make it matters much more than before.”


“This nation was founded on the principle of wealth creation. Asa young Henry Clay said in the House of Representatives in 1812,“It [wealth creation] is a passion as unconquerable as any with whichnature has endowed us. You may attempt to regulate—you cannotdestroy it.” That is supposed to be the federal government’s primary objective.It is supposed to promote the creation of an environment conduciveto the creation of wealth—not job creation, not bailouts, not subsidies,not expansion of the federal bureaucracy, and not providing lifetimesupport to those who choose not to take advantage of the innumerableopportunities that exist in this nation for them to create a better,more productive life for themselves.”


“You can't be for big government, big taxes, and big bureaucracy and still be for wealth creation”


“Wealth creation is not a mathematical formula, as the truthseekingquant geeks still want everyone to believe. In the end, theirlack of real-world experience and pride corrupted their mathematicalgenius and destroyed them. You may be able to digitize a daVinci,but that does not make it daVinci. Creating wealth is personal. It iscreating assets, creating value, or whatever act of self-perpetuation thatdrives us to create a legacy.”


“I am not in the market to create jobs, build anempire, or leave a legacy; those are the positive fallout of successfuleconomic warfare. My prime objective is wealth creation.”