Martin Feldstein Quotes
Homeowners who refinanced their mortgages took out cash and reduced their monthly payments at the same time. Much of the cash obtained by refinancing was spent on consumer durables, home improvements and the like.

Quotes to Explore
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To disregard the obvious is not a good trait in a leader in any situation.
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Every man prefers to look at a well-shaped woman instead of a rubber ball.
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Wong Kar-wai and Ang Lee are two Asian directors I'm really fond of.
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Sir, I see a lot of documents in my day-to-day business, and I can't tell you every document that I've seen. It may have passed across my desk. It may not have passed across my desk. I truthfully cannot answer that question, other than to say I don't remember.
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In theory, I stick to how I could eat if I lived a thousand years ago. I take processed foods off the menu, and stick to things I could hunt or gather, with more fruits, vegetables, and nuts - and less meat.
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I go to a regular school still, and I have the normal life of a regular kid.
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I might go on discussing this subject at great length, but after all is said, done, and written, my own book of experiences will best show what these obstacles are, and how I managed to overcome them to some extent.
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I never drink anything hot; I don't like hot drinks, very strange.
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In the landscape of extinction, precision is next to godliness.
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Leadership is intangible, and therefore no weapon ever designed can replace it.
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I was working for a Swedish TV show - I'm Swedish - who basically did kind of spectacular stories. It was almost like CBS '60 Minutes,' but a Swedish version where we actually did travel quite a lot. After a while, I realized that travel is the most fun part of this, so why not do it for a longer time and just go off and explore?
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The only questions that really matter are the ones you ask yourself.
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My own belief is that there is hardly anyone whose sexual life, if it were broadcast, would not fill the world at large with surprise and horror.
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The best V-Day gift I've ever received was a personalized photo collage.
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Events at home, at work, in the street - these are the bases for a story.
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We're going to be treated very poorly, I think that goes with the territory, and you have to get over it, get beyond it and know who you are among your peers and especially among your family when you look in the mirror.
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There's a consequence for everything, and that goes back to the Bible for me.
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Being happy is of the utmost importance. Success in anything is through happiness.
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Everybody in my family cooks, so growing up and being around it... if I was going to spend time with everybody, it was helping them in the kitchen.
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I love, personally, the experience of going to the theater, going to the cinema.
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Biological engineering is not necessarily understanding systems but rather, I want to be able to design and build biological systems to perform particular applications.
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Love is a symbol of eternity. It wipes out all sense of time, destroying all memory of a beginning and all fear of an end.
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Time is the wealth of change, but the clock in its parody makes it mere change and no wealth.
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Homeowners who refinanced their mortgages took out cash and reduced their monthly payments at the same time. Much of the cash obtained by refinancing was spent on consumer durables, home improvements and the like.