Quotations of the day

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"We can't put this off any longer. Every day we wait, the number will keep growing." — President Barack Obama in proposing gun control measures and noting that 900 Americans had lost their lives to gun violence in the four weeks since the Newtown, Conn., school shootings.

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. "He doesn't need the money. He was probably very proactive in accepting this to keep people off his back. To get punished, if you will, so he can then point to that and say, 'Look, I was punished. Isn't that enough? Leave me alone. Let me run my business.'" — Compensation consultant James F. Reda saying an $11.5 million pay cut given to JPMorgan Chase CEO Jamie Dimon was a way for the bank to show that it is paying penance.

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"It was something of a miracle that this was not many, many times worse." — London police Cmdr. Neil Basu on a helicopter crashing into a crane and falling on a crowded street in central London, killing the pilot and another man and injuring 13 others.

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