Notable August 12 birthdays:

George Soros ( 1930 - ), Hungarian-American investor, political activist: "I'm only rich because I know when I'm wrong...It's not whether you're right or wrong, but how much money you make when you're right and how much you lose when you're wrong...It is much easier to put existing resources to better use than to develop resources where they do not exist...The main obstacle to a stable and just world is the United States...Increasingly, the Chinese will own a lot more of the world because they will be converting their dollar reserves and U.S. Government bonds into real assets."

Erwin Schrodinger ( 1887 - 1961 ), Nobel Prize-winning Austrian-Irish physicist, famous for Schrodinger's Cat: "Consciousness cannot be accounted for in physical terms. For consciousness is absolutely fundamental. It cannot be accounted for in terms of anything else...Hence this life of yours which you are living is not merely a piece of the entire existence, but is in a certain sense the whole; only this whole is not so constituted that it can be surveyed in one single glance. This, as we know, is what the Brahmins express in that sacred, mystic formula which is yet really so simple and so clear: Tat tvam asi, this is you. Or, again, in such words as 'I am in the east and in the west, I am below and above, I am this whole world'...I am no friend of probability theory, I have hated it from the first moment when our dear friend Max Born gave it birth. For it could be seen how easy and simple it made everything, in principle, everything ironed and the true problems concealed. Everybody must jump on the bandwagon [Ausweg]. And actually not a year passed before it became an official credo, and it still is."

Factnest.com reports news from the 99%. You do the research.