Rising long rates threaten the bellwether housing industry as well as consumer spending. The higher [bond] returns begin to compete with stocks for institutional affection.
Larry Wachtel
Related Fixed mortgage rates remain at historically low levels and thus should continue to fuel reasonably s... ALAN GREENSPAN Our real big concern is that the combination of rising bond yields, sustained high energy prices and... ABHIJIT CHAKRABORTTI The onset of 2005 bodes well for the housing industry. Long-term mortgage rates are currently below ... AMY CUTTS The onset of 2005 bodes well for the housing industry. Long-term mortgage rates are currently below ... AMY CREWS CUTTS We still expect economic activity to slow over the next several quarters as consumer spending slows ... STEVEN WOOD This is in line with our expectation that demand for new housing would 'cool off' towards the end of... BRIAN BETHUNE The strength of the housing market this year continues to surprise, despite rising home prices and s... GREGORY KLUMP Despite oft-mentioned concerns about higher energy and commodity prices, a lower growth rate for con... DONALD A. NORMAN It's hard to sustain a bond market rally with stocks doing as well as they're doing. JOHN SANTORO As long as they are rising, the ECB tends to raise interest rates. JOERG KRAEMER Rising fuel prices will keep a lid on consumer spending for some time, slowing economic growth. The ... SHANE OLIVER Rising interest rates are considered bad for stocks because they raise the cost of doing business an... ALEX BERENSON As long as the consumer confidence remains positive, which it is, you are going to see continued con... FAROOQ KATHWARI Our business is more impacted by consumer confidence than even a little spike in the interest rates ... FAROOQ KATHWARI The higher that rates go from here, the more the bond market needs to respond to them. The bond mark... CHRIS PROBYN Consumer spending is likely to ease off slightly as some saturation starts to set in, real income gr... DENNIS DYKES Fukui's remarks today fueled speculation that the end of the policy could come as soon as March. Wit... HIDEO KUMANO If rates move up, housing will move down. But as long as we see relatively low interest rates and em... GREGORY GIEBER Weaker consumer spending backs the case for interest rates on hold. TOM KENNY As long as low rates remain, housing is going to continue to do better than expected, GREGORY GIEBER With rates going higher, I'm staying away from the old-economy stocks. GREG HYMOWITZ automatic scholarships to Niger Delta indigenes so as to give them higher levels of competence to en... THE COMMITTEE One of our concerns is rising interest rates, and that, as you can imagine, for a bond issue this si... BRYAN CROUGH We are starting to see a change in consumer behavior. Consumers are cutting back because of high pri... MICHAEL FITZPATRICK Lower rates should stimulate other consumer areas. We think building materials, as a result of conti... STUART FREEMAN The seasonally adjusted annual (industry-wide) sales rate in the last six months has exceeded 18 mil... BOB REWEY It's not really that overseas investors are negatively reacting to Japanese stocks overall but rathe... MITSUSHIGE AKINO Typically stocks don't do well in the face of rising interest rates so I don't think anyone is going... LOUIS HOLLAND It's pretty clear that housing is slowing. Rising mortgage rates and the very fast rising homes pric... CELIA CHEN The real goal should be reduced government spending, rather than balanced budgets achieved by ever r... THOMAS SOWELL As long as housing prices don't go down, consumers have more equity they can borrow against. If mort... PETER MORICI Increasing home prices and the ability of consumers to cash out their growing home equity has been a... DENNIS JACOBE We're still seeing some rotation into more cyclical stocks ... such as consumer products makers, and... IAN SCOTT The consumer is not on a spending binge - consumer spending has moderated and I don't think there's ... GREG VALLIERE The current yield level is attractive enough and we can expect some buying. Additional evidence to s... XINYI LU Acceleration in U.S. growth and rising energy costs will likely translate into higher long-term [int... AMY CUTTS Acceleration in U.S. growth and rising energy costs will likely translate into higher long-term [int... AMY CREWS CUTTS Generally, a rising trend in rates is bearish for stocks; a falling trend is bullish. MARTIN ZWEIG The decline in oil helped (stocks), as well as the hope that maybe the Fed will be finished raising ... PETER BOOCKVAR Although the cooling U.S. housing sector is going be a major drag on consumer spending as 2006 unfol... SHERRY COOPER The bulls basically hoped for a number showing housing is eroding, and they didn't get it. I'm not s... BOB WALTERS As long as U.S. rates are rising you've got this double-whammy effect of spare cash looking for yiel... LUKE WADDINGTON When economies do well, stocks do well so people have higher prices to use as currency. JOEL GOMBERG As long as U.S. rates are rising you've got this double-whammy effect of spare cash looking for yiel... LUKE WADDINGTON Energy price volatility is taking its toll on consumer confidence, as is the prospect of higher [int... JENNIFER LEE Also the good news out of Asia is continuing to push other resources stocks higher, metals prices ar... KATE WARNE Longer-term rates will not rise dramatically as long as the Fed keeps the short-term policy rate at ... DAVID KOTOK As long as the Fed keeps raising rates, yields are going to move higher. The Fed decision definitely... JOSEPH SHATZ Worries of a housing-led consumer spending bust are overblown. RICHARD BERNER Oil continues to dominate trade, with crude at or near the highs. Worries remain about how high pric... JOE SUNDERMAN The shorter the time until maturity, the less impact rising rates will have on bond prices. JAMES STACK The cooling U.S. housing sector should apply a dampener to consumer spending as 2005-2006 unfolds, b... SHERRY COOPER A rebound today will allay fears the consumer sector is continuing to struggle. The improvement in t... GAVIN REDKNAP Stocks have been losing steam as a result of higher rates and higher energy prices. We could see a c... CARL BIRKELBACH We believe that consumer spending is going to bear the brunt of higher energy prices that we have se... JOSHUA SHAPIRO As the major indexes move near four-year highs, there are some risks for stocks. But the economy is ... BEN HALLIBURTON Cooling housing markets will have a negative impact on consumer spending and employment. The dollar ... YUJI KAMEOKA This is too much reality for a Friday. AS GOOD AS IT GETS Gas prices are going to keep rising and that's going to have a negative impact on consumer spending ... BEN HALLIBURTON We've thought for a long time this housing cycle was a little different from those of the past, in t... DAVID JORDAN In reality, it won't matter as much because other elements like spending and consumer sentiment look... HANS OLSEN I'm still in the camp that yields are moving higher. As long as the data is strong, the Fed is going... JOSEPH SHATZ There's no need to cut interest rates to stimulate consumer demand or investment spending. DENNIS DYKES Higher interest rates are beginning to take a toll on how people view their finances. Mortgage rates... VINCENT BOBERSKI Buying momentum for domestic-demand related stocks still exists on a recovery in consumer spending a... HIDEYUKI OOKOSHI Spain's strong consumer spending is backed not only by job creation but also by a significant rise i... CARMEN NUZZO Our big concern is the combination of rising bond yields, sustained high energy prices and weakness ... ABHIJIT CHAKRABORTTI A lot of the best news is associated with the PC industry. Intel has been not just a bellwether in t... ARNIE BERMAN By educating the consumer, Realtors can charge lower commission rates because they don't have to wor... DAVE LINIGER This bond will help keep utility rates for our residents as low as we can make them, CHRIS HILLMAN Consumption continues to rise on higher farm incomes, rising employment and increasing consumer loan... AMPON KITTIAMPON Investors have started selling real estate stocks on speculation higher interest rates in Japan will... TSUYOSHI SHIMIZU The decline in starts shows that higher interest rates are impacting the housing market. That is a s... JAMES CARON It was no great surprise that housing starts rose for the second time in three months since mortgage... FRANK NOTHAFT On a year-on-year basis, before this number was released, housing starts are down 11 percent. So you... KATHLEEN CAMILLI Long-bond buyers aren't afraid of inflation or increased interest rates, the way short-term bond buy... BENJAMIN PACE The increase in oil prices is going to be problematic to the consumer as well as higher home heating... ANN HURLEY The weather is cooperating and helping us replenish supplies. The speculative frenzy that followed t... MICHAEL FITZPATRICK If the past is any guide, the effect of rising interest rates is likely to be felt most visibly in h... DONALD KOHN Intel's financial position and status as the semiconductor bellwether may be in jeopardy if it fails... APJIT WALIA The slowdown in UK GDP growth is mainly being driven by sharply lower growth in household consumptio... DAVID KERN Probably the most critical impact of higher energy prices is their ability to weaken consumer spendi... GAIL FOSLER The best auction will be the long bond. We expect great demand from overseas accounts in the long bo... ANDY BRENNER Only as we mature does affection begin to depend on achievement. ALAIN DE BOTTON Some technology stocks are being cut because of concern that high oil prices and rising interest rat... SIMON CHAO We have the lowest average wage rate of any metropolitan area we compete with. This might sound good... BOB ABBERGER This market is on a roll. As long as we have an environment of slow growth, low inflation, low inter... MARSHALL ACUFF The term bellwether refers to the practice of placing a bell around the neck of a castrated ram (a w... COREEN T. SOL We do believe that the U.S. housing market is a bubble in the sense that its contribution to consume... JAN HATZIUS Although we expect consumer spending to slow sharply in the fourth quarter, to below 2 percent, as a... JOHN RYDING Value has become more important over time due to a combination of factors such as incentives, lease ... DAVID MCKAY We expect the combination of solid economic growth and higher inflation risks to push the Fed to rai... COLIN LUNDGREN The possibility of rising interest rates worries investors. For many companies there is a direct eff... FELIX LANTERS King's comments are consistent with rates remaining on hold for the foreseeable future. House prices... AMIT KARA Spending follows income, and as long as both of them are going up, that's good for the consumer. The... GILES KNIGHT These stocks have been tied to the computing market for the past few years but now that you have con... LES SANTIAGO Concerns about inflation are well tempered by concerns about how quickly economic growth will be und... LOUISE PURTLE If bond yields keep rising which I think they will, then not even stocks are safe from a welcome dec... DAVE GILMORE So long as nuclear weapons continue to exist, so will the temptation to threaten others with overwhe... DAISAKU IKEDA Rates for long term CDs (terms of 12 months and longer) are typically driven by the activity in the ... RANDY ROSEN
More Larry Wachtel
It's not like stocks are sitting there unloved. They have done well. LARRY WACHTEL The highest bid always won. LARRY WACHTEL The bottom line is really the bottom line [on income statements] in the stock market and earnings ju... LARRY WACHTEL I think the market has done quite well in what is supposed to be the worst month of the year, but at... LARRY WACHTEL Translated, the Microsoft ruling was a major event, but it was so predictable as to have little imme... LARRY WACHTEL When you see this kind of quick move, that's a mechanical sell program from one of the brokerages, LARRY WACHTEL I'm really amazed [The market] is getting tired, but invariably in the last hour of trading there's ... LARRY WACHTEL The market is plagued by warnings. There have been over 500 negative preannouncements in the last fo... LARRY WACHTEL The popular indexes have managed to reach 4 1/2-year highs, while small and midsize indexes flirt wi... LARRY WACHTEL I think we're in the twilight zone. You have the confessional period followed by the summer doldrums... LARRY WACHTEL Tomorrow (Tuesday) we get numbers on industrial production and housing and big reports from Intel, C... LARRY WACHTEL All the sacred cows of one year ago are getting decimated, LARRY WACHTEL All the sacred cows of one year ago are getting decimated. LARRY WACHTEL So far the earnings season is kind of a mixed bag. It's not the catalyst that everyone was expecting... LARRY WACHTEL So far the earnings season is kind of a mixed bag. It's not the catalyst that everyone was expecting... LARRY WACHTEL Even if Bush were to win, there's no mandate to do any radical legislation. LARRY WACHTEL There's a cautious backdrop (on Wall Street). We're heading to that glide path toward the Fed meetin... LARRY WACHTEL When we arrive on Monday, we may or may not know the full extent of Hurricane Rita. The stock market... LARRY WACHTEL The two biggies after the close (Tuesday) -- Microsoft and Intel -- were OK but certainly not a mark... LARRY WACHTEL These surveys give regional snapshots, and that's all they do. I'd never even heard of the Empire St... LARRY WACHTEL The two biggies after the close (Tuesday) -- Microsoft and Intel -- were OK but certainly not a mark... LARRY WACHTEL Obviously, companies split when the stock price has gotten beyond the pocketbook of the average inve... LARRY WACHTEL On Friday, we had a ratio of 12 to 1 of losers to winners. That's the worst performance since 1997. ... LARRY WACHTEL The weakness from Friday carried forward to the international markets and we could get a horrific op... LARRY WACHTEL We are in a bit of a vacuum with the long three-day weekend coming up. Tomorrow will be a vacuum kin... LARRY WACHTEL The only thing that was positive today was that there was nothing negative, especially no lousy econ... LARRY WACHTEL The market's not exactly cheap anymore. LARRY WACHTEL It was a respectable day. But after the (Fed) decision tomorrow, I think we can do better. I think t... LARRY WACHTEL Everything continues to revolve around oil after we got licked pretty good yesterday. Everything is ... LARRY WACHTEL [Calling August a] hazy, hot and hateful month, ... TGIO thank God it's over. LARRY WACHTEL It's a great show; it's always been a great marriage of Stephen King, an action show and a family dr... JEFF WACHTEL So I don't see the difference. BOAZ WACHTEL If it was up to the youth, I would be the Prime Minister of Israel. BOAZ WACHTEL We really wanted to book performers and guest judges from varying backgrounds. We even have a pro wr... JEFF WACHTEL It isn't easy to create a drama infused with comedy, and Psych just knocks it out of the park. JEFF WACHTEL It isn't easy to create a drama infused with comedy, and 'Psych' just knocks it out of the park. JEFF WACHTEL This year's finalists probably represent the highest level of overall talent we've ever seen on the ... JEFF WACHTEL We're thrilled about the potential EBAUM'S WORLD gives us to do something cutting-edge and original.... JEFF WACHTEL Graduate students are less involved, concerned with who the speaker is [than undergraduates]. JEFF WACHTEL Finding speakers this year was not harder and our budget had no impact on the selection, although it... JEFF WACHTEL Monk is the cornerstone of USA 's original programming. It remains one of the highest-rated series i... JEFF WACHTEL One thing we've learned over the past three seasons is that there's an incredible pool of talented p... JEFF WACHTEL I gave a funny speech at my wife's birthday party, and I'm thinking, 'Hey, I've stil... LARRY DAVID It is only when the partisan shouting stops that we can hear each other's voices and concerns. LARRY HOGAN I had a wonderful childhood, which is tough because it's hard to adjust to a miserable adulthood... LARRY DAVID The human species really could have faced global thermonuclear war. During seventy years of Cold War... LARRY NIVEN The three chief virtues of a programmer are: Laziness, Impatience and Hubris. LARRY WALL Most jokes state a bitter truth. LARRY GELBART My grandfather was an autoworker, and I have a weapon he manufactured to protect himself from the co... LARRY PAGE I tolerate lactose like I tolerate people. LARRY DAVID The two most misused words in the entire English vocabulary are love and friendship. A true friend w... LARRY FLYNT I take big risks, but I'm not reckless about it. LARRY CHARLES I would consider myself more a passionate centrist. LARRY WILMORE Sometimes I'd say what's bad for the country is good for my business, unfortunately. LARRY WILMORE The first show I worked on was 'In Living Color.' I think 'The Daily Show' was the c... LARRY WILMORE You never know in TV - sometimes you're on at the wrong time at the wrong place. Sometimes you d... LARRY WILMORE I'll stop talking about race when people stop being racist. LARRY WILMORE I really love having conversations and deconstructing things. I don't mind not having a laugh ev... LARRY WILMORE My joke is that three black people watch 'The Daily Show' at any given time. So if I'm w... LARRY WILMORE I think the biggest thing is voice. Whose voice is it? Who gets to control the narrative? LARRY WILMORE People aren't autonomous creatures. They're under a lot of pressure themselves. LARRY WILMORE There are tragedies that happen all the time in America, but there are certain types of tragedies th... LARRY WILMORE If you look at somebody like Sam Bee, she got to create her own thing without any expectations that ... LARRY WILMORE When you use the word 'fair' in television, you're already in a fantasy world. Nothing i... LARRY WILMORE I'm not the type of person to have a schadenfreude. LARRY WILMORE I always said I'm not disappointed with Obama because I voted for him because he was black, and ... LARRY WILMORE When you're taking chances, you know it's not going to please everybody. LARRY WILMORE The thing that's worked for me is having as much of a connection to the material as possible. An... LARRY WILMORE The last thing I would ever do is try to become a network programmer. LARRY WILMORE Salt Lake City gave me a lot of surprises. How progressive the city actually is, for instance, compa... LARRY WILMORE Maybe I'll write an episode of 'Black-ish' about a guy being fired in late-night. LARRY WILMORE I don't think I ever intend to provoke outrage, but I don't mind being provocative in conten... LARRY WILMORE I was taught from a very early age that I had to work twice as hard to get half as much. That was th... LARRY WILMORE You have to stay alert. You've got to keep raising your game. LARRY WILMORE I was an athlete, so I hung out with the jocks. I was smart, so I hung out with the nerdy kids. I wa... LARRY WILMORE I have a free voice. I have a free mind. I have freedom of expression. LARRY WILMORE One out of three jobs in Washington is tied to trade. LARRY WILLIAMS It's our job as economic developers in the state to make sure any prospect receives all availabl... LARRY WILLIAMS The next time you see an outside day with a down close lower than the previous day, don't get sc... LARRY WILLIAMS What you will be looking for is a day that closes above the prior day's high and most likely ... LARRY WILLIAMS Rock and Roll has no beginning and no end for it is the very pulse of life itself. LARRY WILLIAMS My goal would be to make Frank Capra-type films about real people, how they define their reality. LARRY WILCOX I've been very selective in what I did and didn't do. LARRY WILCOX The literary aspect of the film business excites me, but show business in general doesn't take a... LARRY WILCOX Everyone in business is tenacious and extremely aggressive. If you're not a 'now' person... LARRY WILCOX I love to act, but business is more interesting because it's more competitive and involves more ... LARRY WILCOX I guess I'm just a frustrated cowboy. LARRY WILCOX I owe the public a good performance, the best I can give. We really bust our chops on 'CHiPs'... LARRY WILCOX I learned a lesson that I don't ever want to be a CEO. LARRY WILCOX I've always felt that children are the flowers of our future. LARRY WILCOX I was raised on a ranch in Wyoming, and I've been riding horses most of my life. LARRY WILCOX I don't mind talking about 'what might have been,' but I am not one to doubt or regret m... LARRY WILCOX The film business was a great lesson in business combat and what it takes to survive. LARRY WILCOX I just didn't realize how powerful 'CHiPs' was. LARRY WILCOX A lot of people in film run around with a facade and use the right vocabulary and think they're ... LARRY WILCOX It's like with a girl: it's more fun to meet and slowly, gradually learn things about each o... LARRY WILCOX Exposing your ignorance is how you get somebody to embrace you. LARRY WILCOX Life can be a bore if you're constantly walking sidewalks instead of a tightrope once in a while... LARRY WILCOX Dentistry was an ego trip, and acting is a personal need. Usually it's the reverse, and I honest... LARRY WILCOX Family is very important to me because that is the footprint we perpetuate. That is, the ripple in t... LARRY WILCOX I have learned a great deal in my life, and DeMolay helped me to learn that character and integrity ... LARRY WILCOX I'm very candid. LARRY WILCOX Somebody out there is going to do something that's far more surprising than anything that I woul... LARRY WALL Some of modern engineering is necessary to good art. But I think of myself is a cultural artist. LARRY WALL Perl was designed to work more like a natural language. It's a little more complicated but there... LARRY WALL If you're a large corporation, you can afford to pay the money to register patents, but if you... LARRY WALL I'm never satisfied because I've been always interested in too many things and I always want... LARRY WALL I'm just paid to do whatever I want to do. Some of the time it's development, and some of th... LARRY WALL I think the way IBM has embraced the open source philosophy has been quite astonishing, but gratifyi... LARRY WALL To be a good artist, you have to serve the work of art and allow it to be what it is supposed to be. LARRY WALL Many days I don't write any code at all, and some days I spend all day writing code. LARRY WALL Hubris itself will not let you be an artist. LARRY WALL I think operating systems work best if they're free and open. Particular applications are more l... LARRY WALL I still drive my 1977 Honda Accord. The paint is almost all worn off. It's still running. LARRY WALL There is no schedule. We are all volunteers, so we get it done when we get it done. Perl 5 still wor... LARRY WALL I talked about becoming stupid, but I've always been stupid. Fortunately I've been just smar... LARRY WALL We all agree on the necessity of compromise. We just can't agree on when it's necessary to c... LARRY WALL Post-Modernism was a reaction against Modernism. It came quite early to music and literature, and a ... LARRY WALL Programmers can be lazy. LARRY WALL For me, writing is a love-hate relationship. LARRY WALL Real programmers can write assembly code in any language. LARRY WALL The Harvard Law states: Under controlled conditions of light, temperature, humidity, and nutrition, ... LARRY WALL Younger hackers are hard to classify. They're probably just as diverse as the old hackers are. W... LARRY WALL Being a press secretary is like learning to type: You're hunting and pecking for a while and the... LARRY SPEAKES You don't tell us how to stage the news and we don't tell you how to cover it. LARRY SPEAKES Those who talk don't know what is going on and those who know what is going on won't talk. LARRY SPEAKES We live in a world where people think that finding a passion is so rare that if you find one you'... LARRY SMITH Just because you're passionately interested in something doesn't mean it has to be your care... LARRY SMITH If you've never tasted what it's like to get up in the morning and be pleased to go to work,... LARRY SMITH Find and use your passion, and you'll have a great career. Don't do it, you won't. It... LARRY SMITH I guess I've always liked the idea of being an artist. LARRY RIVERS I spent seven months in Africa and came back saying there isn't anything you can say about black... LARRY RIVERS Any art communicates what you're in the mood to receive. LARRY RIVERS I believe that any art communicates what you're in the mood to receive. LARRY RIVERS If you want to be told what to think, well, I'm not in that business. LARRY POONS A great painting is a great painting. LARRY POONS If you think you know where you're going to be 10 years from now, that's where you're at... LARRY POONS The only thing simple about the past is that it's not now. LARRY POONS There are people who don't respond to color. That's what painting is. It's color. LARRY POONS There's something always instinctively visually right about nature. There's no difference, t... LARRY POONS I like going to Burning Man, for example. An environment where people can try new things. I think as... LARRY PAGE We don't have as many managers as we should, but we would rather have too few than too many. LARRY PAGE We can't have democracy if we're having to protect you and our users from the government ove... LARRY PAGE I can't really comment on rumors. LARRY PAGE We have a mantra: don't be evil, which is to do the best things we know how for our users, for o... LARRY PAGE We want to build technology that everybody loves using, and that affects everyone. We want to create... LARRY PAGE The idea that everyone should slavishly work so they do something inefficiently so they keep their j... LARRY PAGE You know what it's like to wake up in the middle of the night with a vivid dream? And you know t... LARRY PAGE The ultimate search engine would basically understand everything in the world, and it would always g... LARRY PAGE If we were motivated by money, we would have sold the company a long time ago and ended up on a beac... LARRY PAGE For me, privacy and security are really important. We think about it in terms of both: You can't... LARRY PAGE We're at maybe 1% of what is possible. Despite the faster change, we're still moving slow re... LARRY PAGE Many leaders of big organizations, I think, don't believe that change is possible. But if you lo... LARRY PAGE You may think using Google's great, but I still think it's terrible. LARRY PAGE Invention is not enough. Tesla invented the electric power we use, but he struggled to get it out to... LARRY PAGE Lots of companies don't succeed over time. What do they fundamentally do wrong? They usually mis... LARRY PAGE Only in a concert situation do I have access to people directly to preach to them, and I don't b... LARRY NORMAN I want to encourage other people to try to discover who they are, not to try to fit into some superf... LARRY NORMAN Art is more engaging that propaganda. LARRY NORMAN I know I stand visibly onstage, but my function is still unseen, because I rarely see the immediate ... LARRY NORMAN Jesus got me through the slums without getting murdered. I just walked with him as though he were re... LARRY NORMAN Gospel songs to me are about the mansion in the sky, and washed in the blood of Christ's crimson... LARRY NORMAN Life is God's art. LARRY NORMAN I feel that Christian music is a subculture directed towards the Christians. It's not really bei... LARRY NORMAN I'm only here on Earth to serve God. I never had a career. I don't care about commercialism.... LARRY NORMAN We need worship for our spirit, fellowship for our soul and committed subservience for our body. LARRY NORMAN But... watching Steven Barnes taught me to treat my life like an art form. LARRY NIVEN I do not believe they've run out of surprises. LARRY NIVEN SF isn't a genre; SF is the matrix in which genres are embedded, and because the SF field is nev... LARRY NIVEN My problem with new writers is that it takes me five or six years to memorise the right names. LARRY NIVEN I've got five or six unpublished stories kicking around looking for somebody to buy them. LARRY NIVEN In general, I don't know when inspiration will pop up. LARRY NIVEN We should not have assumed that a political space station could be built. LARRY NIVEN I'm not predicting; I just love playing with superconductors. LARRY NIVEN I love superconductors. LARRY NIVEN Treat your life like something to be sculpted. LARRY NIVEN I've spent a lot of my life among people brighter than myself. LARRY NIVEN I'd visit the near future, close enough that someone might want to talk to Larry Niven and can f... LARRY NIVEN I don't have a strong interest in history. LARRY NIVEN Anything beats an expensive stack of paper. LARRY NIVEN We're looking as far ahead as we can, and we don't get penalized for mistakes. LARRY NIVEN I'd repair our education system or replace it with something that works. LARRY NIVEN I do suspect that privacy was a passing fad. LARRY NIVEN I never got good at predicting what millions of people will suddenly decide is rational. LARRY NIVEN As for AIDS, it's a plague. We are human, we get plagues. They come along every so often, kill o... LARRY NIVEN Bruce Sterling is one terrific writer and he's relatively new, but I don't know how long he&... LARRY NIVEN Building one space station for everyone was and is insane: we should have built a dozen. LARRY NIVEN In hindsight it may even seem inevitable that a socialist society will starve when it runs out of ca... LARRY NIVEN Everything starts as somebody's daydream. LARRY NIVEN The dinosaurs became extinct because they didn't have a space program. LARRY NIVEN I was asleep, in the upstairs bedroom, in the rear of the house. There was this tremendous crash, th... LARRY MILLER Manufacturers are making products kosher to get in on that market, plus more people are looking for ... LARRY MILLER Women say they have sexual thoughts too. They have no idea. It's the difference between shooting... LARRY MILLER Members of the Academy are mostly urban people. We are an urban nation. We are not a rural nation. I... LARRY MCMURTRY Self-parody is the first portent of age. LARRY MCMURTRY Americans don't want cowboys to be gay. LARRY MCMURTRY You expect far too much of a first sentence. Think of it as analogous to a good country breakfast: w... LARRY MCMURTRY If we know anything about man, it's that he's not pacific. The temptation to butcher anyone ... LARRY MCMURTRY True maturity is only reached when a man realizes he has become a father figure to his girlfriends... LARRY MCMURTRY No illusion is more crucial than the illusion that great success and huge money buy you immunity fro... LARRY MCMURTRY