“The problem with EMMA is that it is cost prohibitive for the small inv...” — John Kennedy Quote

The problem with EMMA is that it is cost prohibitive for the small investors who were supposed to benefit from the new transparency.

In theory, the MSRB is supposed to protect the public interest, investors, and state and local governments. In practice, the MSRB membership structure is more shaded toward protecting the financial professionals who broker the deals.

Teachers are expected to be teachers, psychiatrists, nurses, sociologists, psychologists, surrogate moms or dads, as the case may be.

I read a lot. I enjoy reading a lot.

I don't think anybody in America ought to be scared.

Through mutual understanding, sincerity and goodwill, and with great wisdom and broad views, the leaders on both sides should jointly initiate new opportunities for peace, stability, cooperation and mutual benefit.

Having been governor of New Mexico, I know that legislation gets passed to benefit those who have money and influence. Then they buy more money and influence. That's one reason why, as governor, I vetoed more than 750 bills and thousands of line items. I did it to keep crony capitalism away from government.

The first thought that I had about really trying to get sober was, 'Man, I could do a lot of good in the world. I can lead by example and just be this heroic recovery guy.' And that's just a bad reason to get sober. You can't get sober for anybody's benefit, let alone the world at large. You really got to do it for yourself.

I've learned that for many people, change is uncomfortable. Maybe they want to go through it, and they can see the benefit of it, but at a gut level, change is uncomfortable.