Oct. 2015 - Diversified We Stand, Divided We Fall

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64 | TH E M R EP O RT FINAL THOUGHTS Final Thoughts Timely, witty, and often-humorous, these notable quotes will keep you smiling until our next edition. "[W]e continue to skip and whistle 'in the age of magical thinking.'" MarketWatch quote by JAMES GRANT, founder and editor of "Grant's Interest Rate Observer," regarding to the announcement interest rates would remain the same for the time being. "Mr. Trump, we don't need an apprentice in the White House. We have one right now." Wisconsin GOV. SCOTT WALKER on Donald Trump's qualifications to be president during the CNN Republican Debate on September 17. "A smiling pope, a fallen speaker, and two tough guys." Washington Post writer JULIET EILPERIN summing up President Obama's week from September 21-25, and alluding to the President's meeting with Pope Francis; John Boehner (R-Ohio) resigning as speaker of the House; a White House visit with Chinese President Xi Jinping; and the announcement that the president would meet with Russian President Vladimir Putin at the U.N. General Assembly. "De Blasio mugged by reality on housing—again." New York Post writer NICOLE GELINAS criticizes New York City Mayor Bill De Blasio on his affordable housing policy. "[T]ough to turn dialogue about credit-default swaps into [a] popcorn-friendly feature." Wall Street Journal reporter ERICH SCHWARTZEL on the film "99 Homes" which focuses on the foreclosure crisis in Florida. As Schwartzel notes the film is "Hollywood's first major treatment of the housing collapse."

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