"It is hard to imagine that, having downgraded the US, S & P will not follow suit on at least one of the other members of the dwindling club of sovereign AAAs. If this were to materialise and involve a country like France, for example, it could complicate the already fragile efforts by Europe to rescue countries in its periphery."

"America's downgrade may serve as a wakeup call for its policymakers. It is an unambiguous and loud signal of the country's eroding economic strength and global standing. It renders urgent the need to regain the initiative through better economic policymaking and more coherent governance."

"Because in the New Normal you are more worried about the return of your capital, not return on your capital."

"The global realignment is accelerating the migration of growth and wealth dynamics from the industrial world to the larger emerging economies."

"The great moments of rock 'n' roll were never off in some corner of the music world, in a self-constructed ghetto."

"I am blessed for what I have, but I believed in it from the beginning. Today, the dream is the same: I still want to travel, I still want to entertain, and I most certainly still want to have fun."

"Wisdom principle 69 tells us that the journey of life is lesson 96."

"Wisdom principle 18 tells us that the journey of life is lesson 38."