Basis Point Cut

Famous quotes containing the words basis, point and/or cut:

    “Our fathers and grandfathers who poured over the Midwest were self-reliant, rugged, God-fearing people of indomitable courage.... They asked only for freedom of opportunity and equal chance. In these conceptions lies the real basis of American democracy. They and their fathers give a genius to American institutions that distinguished our people from any other in the world.”
    —Herbert Hoover (1874–1964)

    “It is not he who gains the exact point in dispute who scores most in controversy—but he who has shown the better temper.”
    —Samuel Butler (1835–1902)

    “The power of a text is different when it is read from when it is copied out.... Only the copied text thus commands the soul of him who is occupied with it, whereas the mere reader never discovers the new aspects of his inner self that are opened by the text, that road cut through the interior jungle forever closing behind it: because the reader follows the movement of his mind in the free flight of day-dreaming, whereas the copier submits it to command.”
    —Walter Benjamin (1892–1940)