One of the advantages of living in a constitutional federal republic is that we have the ability, if not the duty, as citizens to repair or replace t… - Ziad Abdelnour
" "One of the advantages of living in a constitutional federal republic
is that we have the ability, if not the duty, as citizens to repair or
replace those acts of legislation under which we have agreed to live.
We must act when it has become evident that said legislation
no longer serves us as a people or advances the principles upon
which this nation was founded, one of these being “the pursuit of
happiness,” which may only be secured through wealth creation.
If it burdens the debt obligation of the government, it cannot
be creating wealth. If it does not advance the cause of regaining
American competitive dominance in the global marketplace, it is not
creating wealth. If legislation and regulation were proposed that
taught people how to fish instead of providing fish, then the unemployed
would find a way to create jobs for each other. Wealth
creation is mankind’s natural objective when given the opportunity
and the tools.
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Alternative Names:
Ziad K Abdelnour
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Additional quotes by Ziad Abdelnour
I remain fundamentally optimistic about
Wall Street as a marketplace and as a vehicle for wealth creation. Its
future will rightly depend on several variables, chief among them
being human choices; whether they be rationally, emotionally, subjectively
or objectively made. Financial engineering taught us that if
it could be quantified, it could be qualified. We learned about how
to use leverage and have abused that knowledge for a myriad of
reasons. We became practitioners of the transaction-based model, but forgot that long before the abacus there was trust and integrity,
anchors of relationship-based models common with Middle East and
Asian markets. It goes back to a handshake, the first and enduring
example of mutual consensus.
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