“The biggest threat to American power in the long run is the persistent decline in its middle class standard of living today.”

“If you want to raise your standard of living, raise your standard of giving”

“I do not believe in the power of brand names or in emulatingany of the brand name investors out there. It is a fact that all—ifnot at least most—of the biggest names in American finance andindustry out there today have proven after the 2008 crisis to be someof the most incompetent people there are. Starting with the untouchableGoldman Sachs, who was bailed out by over $5 billion fromWarren Buffett, to AIG and Citibank, who were bailed out by thehundreds of billions of dollars from the Troubled Asset Relief Program(TARP), having a name and a history does not make you the brightestand the best. All it takes is one nincompoop with a huge ego or aboard of directors who think they are smarter than everyone else todestroy what has taken generations to build.”

“Forget the housing, bond or derivatives bubbles … Fraud Is the Biggest Bubble of all time”

“If you have the power to make someone feel lost without you, it's a wonderful feeling. Use it wisely.”

“It's not rocket science. Hong Kong has 95% tax compliance, because it's code is only 4 pages long with a 15% flat tax.”

“I strongly believe that the best economic policyfor any administration is the one that seeks to produce more entrepreneurs,not just more minimally educated college graduates withnowhere to go. Nothing against recent college graduates, but manyof today’s best universities are no longer providing the basics of aclassical liberal education.That is why the single most important economic issue of ourtime—and one that impacts the poor and middle class alike—will behow we treat the entrepreneurs and wealth creators among us, fromboth the government and the private-sector viewpoints.”