Quotations of the day

AP News
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Posted: May 11, 2012 3:02 AM
Quotations of the day

"It was a logical extension of what America is supposed to be. It grew directly out of this difference in visions: Are we a country that includes everybody and give everybody a shot and treats everybody fairly?" _ President Barack Obama to a Hollywood fundraising crowd Thursday on his historic embrace of same-sex marriage.

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"Why would they go into those numbers if the world is going to come to an end this year? You could say a number that big at least suggests that time marches on." _ Anthony Aveni, an expert on Mayan astronomy, after archaeologists found a small room in Mayan ruins from 1,200 years ago where Maya calculations include a time span longer than 6,000 years, debunking doomsday warnings.

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"The portfolio has proved to be riskier, more volatile and less effective as an economic hedge than we thought. There were many errors, sloppiness and bad judgment." _ JPMorgan Chase CEO Jamie Dimon on one of the bank's trading portfolios, which has lost $2 billion in the past six weeks.