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Our authorities leave us no doubt that the trust lodged with the oligarchy was sometimes abused, but it certainly ought not to be regarded as a mere usurpation or engine of tyranny.
We need to increase the transparency of shadow banking markets so that authorities can monitor for signs of excessive leverage and unstable maturity transformation outside regulated banks.
2008 was to the American economy what 9/11 was to national security. Yet while 9/11 prompted the U.S. government to tear up half the Constitution in the name of public safety, after 2008, authorities went in the other direction.
It is dangerous to be right in matters on which the established authorities are wrong.
The government that governs from afar absolutely requires that the truth and the facts reach its knowledge by every possible channel, so that it may weigh and estimate them better, and this need increases when a country like the Philippines is concerned, where the inhabitants speak and complain in a language unknown to the authorities.
The National Surveillance State doesn't want anyone to be able to communicate without the authorities being able to monitor that communication.
When once a certain class of people has been placed by the temporal and spiritual authorities outside the ranks of those whose life has value, then nothing comes more naturally to men than murder.
It is understandable that the Fed injects cash to avoid the collapse of the stock market, but basically it is bad policy for monetary authorities to intervene to save speculators from bankruptcy. This is not their role.
China and the U.S. are two societies with very different attitudes towards opinion and criticism. In China, I am constantly under surveillance. Even my slightest, most innocuous move can - and often is - censored by Chinese authorities.
In the relations of a weak Government and a rebellious people there comes a time when every act of the authorities exasperates the masses, and every refusal to act excites their contempt.