The life-efficiency and adaptability of the computer must be questioned. Its judicious use depends upon the availability of its human employers quite literally to keep their own heads, not merely to scrutinize the programming but to reserve for themselves the right of ultimate decision. No automatic system can be intelligently run byautomatonsor by people who dare not assert human intuition, human autonomy, human purpose.
Examining the organization and function of the Federal reserve Banks, and applying the relevant factors, we conclude that the reserve Banks are not federal instrumentalities for purposes of the FTCA [Federal Tort Claims Act], but are independent, privately owned and locally controlled corporations.
But still the great have kindness in reserve, He helped to bury whom he helped to starve.Alexander Pope
"In love affairs, there is no mediator like a merry, simple-hearted child - ever ready to cement divided hearts, to span the unfriendly gulf of custom, to melt the ice of cold reserve, and overthrow the separating walls of dread formality and pride."anne brontë
More than a billion women around the world want to emulate western women’s lifestyles and are rapidly acquiring the material ability to do so. It is therefore vital that in our leadership we display some reserve and responsibility in our spending so that the world’s finite resources will be available for our children, their children and their children’s children.louise burfitt-dons
Is it for the cultivated man, the man of broad and general views, to throw himself without reserve and with all his weight, into what, for aught he yet knows, may be only a cross-current and eddy, instead of the main stream of truth?william greenough thayer shedd
Patience, to hear frivolous, impertinent, and unreasonable applications: with address enough to refuse, without offending; or, by your manner of granting, to double the obligation: dexterity enough to conceal a truth, without telling a lie: sagacity enough to read other people’s countenances: and serenity enough not to let them discover anything by yours; a seeming frankness, with a real reserve. These are the rudiments of a politician; the world must be your grammar.stanhope, philip, 4th earl of chesterfield
It seems to me that, with but slight reserve and modification, we may apply to our departed friend his own pathetic and beautiful elegy upon another.samuel laman blanchard
The distribution of troops devoted to the defence of a place includes a garrison, an occupying force, numerically as weak as possible; a reserve as strong as possible, designed for counterattacking and for providing itself, at the moment it goes into action, with a security service which will guard it from any possible surprise.Ferdinand Foch
What initially attracted me to The Seventh Seal was that it had values and characteristics which I was familiar with in other art forms, most notably, the European novel and certain forms on English drama, and indeed, in relation to my rather academic interest in history -- not "history" in the normal sense, but history as a form of entertainment . It might be a very unfashionable view but I believe that history is an amazing bank or reserve area of plots, characterisations, extraordinary events, etc.Peter Greenaway
Of course, I reserve the right to make wholly stupid changes to Perl if I think they improve the language.larry wall
Pride and reserve are not the only things in life; perhaps they are not even the best things. But if they happen to be your particular virtues you will go all to pieces if you let them go.
In conversation avoid the extremes of forwardness and reserve.
More than a billion women around the world want to emulate western women’s lifestyles and are rapidly acquiring the material ability to do so. It is therefore vital that in our leadership we display some reserve and responsibility in our spending so that the world’s finite resources will be available for our children, their children and their children’s children.
...with address enough to refuse, without offending, or, by your manner of granting, to double the obligation ; dexterity enough to conceal a truth without telling a lie: sagacity enough to read other people's countenances; and serenity enough not to discover anything by yours; a seaming frankness with a real reserve.
Give every man thy ear, but few thy voice; Take each man's censure, but reserve thy judgment.william shakespeare
So for thy spirit did devise Its Maker seemly garniture, Of its own essence parcel pure, From grave simplicities a dress, And reticent demureness, And love encinctured with reserve; Which the woven vesture would subserve. For outward robes in their ostents Should show the soul's habiliments. Therefore I say, Thou'rt fair even so, But better Fair I use to know.Francis Thompson
Providence is always on the side of the last reserve.
While we were engaged in voting eulogies to Euodus, Severus restrained us by saying: "It is disgraceful that in one of your decrees there should be inscribed such a statement respecting a man that is a Caesarian." It was not the only instance of such an attitude, but he also refused to allow all the other imperial freedmen either to be insolent or to swagger; for this he was commended. The senate once, while chanting his praises, uttered without reserve no less a sentiment than this: "All do all things well since you rule well!"
Of all the weapons in the Federal reserve arsenal, words were the the most unpredictable in their consequences.john kenneth galbraith
Hyperinflation is not going to happen in this country, will never happen... The Fed putting so much money into the system is not going to create the risk of hyperinflation in the future. We have a strong independent Federal reserve with a very strong mandate from the Congress, and they will do what's necessary to keep inflation low and stable over time.timothy geithner
The investment banks should either choose to be regulated as banks or should arrange to conduct their affairs to not require the stop-gap support of the Federal reserve.kenneth griffin
he [agent Daly] conducts his office as being a whole Dominion Government, Indian Agent, Indian Cheif and Council, all into one ... the Agent appears as taking too much advantage of his powers over the Chief and council and causing a considerable strife an [animosity] amoung the Indians of this reserve ... foiling the labors of the chief and members of the council, discrediting those who assist to maintain good government of the Band.francis pegahmagabow
So: if the chronic inflation undergone by Americans, and in almost every other country, is caused by the continuing creation of new money, and if in each country its governmental "Central Bank" (in the United States, the Federal reserve) is the sole monopoly source and creator of all money, who then is responsible for the blight of inflation? Who except the very institution that is solely empowered to create money, that is, the Fed (and the Bank of England, and the Bank of Italy, and other central banks) itself?murray rothbard
When you or I write a check there must be sufficient funds in our account to cover the check, but when the Federal reserve writes a check there is no bank deposit on which that check is drawn. When the Federal reserve writes a check, it is creating money.
Most Americans have no real understanding of the operation of the international money lenders. The accounts of the Federal reserve System have never been audited. It operates outside the control of Congress and through its Board of Governors manipulates the credit of the United States.
…the increase in the assets of the Federal reserve banks from 143 million dollars in 1913 to 45 billion dollars in 1949 went directly to the private stockholders of the banks.
As soon as Mr. [Franklin] Roosevelt took office, the Federal reserve began to buy government securities at the rate of ten million dollars a week for 10 weeks, and created one hundred million dollars in new currency, which alleviated the critical famine of money and credit, and the factories started hiring people again.
The Federal reserve Banks, while not part of the government, are the central banking sytem for the Nation.… Holdings of Federal debt by the Federal reserve Banks do not have the same impact on private credit markets as other debt held by the public. Their holdings of Federal debt arise from their role as the country's central bank.
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