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Julian Robertson: Obama Is Doing A Terrible Job

  
Analysis, Economy, Education
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Former star hedge fund manager and billionaire Julian Robertson thinks that President Obama is doing a terrible job. Robertson said:

“I’ve made a pretty good living over the years by never hiring anyone that wasn’t a lot smarter than I am. So when I go in a room, I know I’m not the smartest person in the room, not even approaching it. Now Obama, from all I read, thinks that on every occasion that he is the smartest person in the room. And I think he often probably is, but you can’t run the biggest business in the world having never run even a country store. And he’s running into that and he’s just doing an awful job and people see it. He’s enough of a politician to see it – although he’s so cocky maybe he doesn’t see it”

OBSERVATIONS ON POLITICIANS

  
Education, Politics
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  • “Giving money and power to the government is like giving car keys and whisky to teenage boys.” “When politics are used to allocate resources, the resources all end up being allocated to politics.”
    “Politics is the business of getting power and privilege without possessing merit.  A politician is anyone who asks individuals to surrender part of their liberty — their power and privilege — to State, Masses, Mankind, Planet Earth, or whatever.  This state, those masses, that mankind, and the planet will then be run by … politicians.”
    “God has no role to play in politics except to make sure politicians go where they belong.  To hell.”
    “Politicians are interested in people.  Not that this is always a virtue.  Fleas are interested in dogs.”

“The difference between a politician and a pickpocket is that a pickpocket doesn’t always get indignant when you tell him to keep his hands to himself.” 
“Politicians never accuse you of  ‘greed’ for wanting other people’s money — only for wanting to keep your own money.”
“Politics is the conspiracy of the unproductive but organized against the productive but unorganized.” (more…)

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