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"The government can help, but we need to make this transition now to a recovery led by private investment, private."
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"The ideal form of government is democracy tempered with assassination."

"Having said that, I believe we must not compound the natural disaster of Katrina by creating a fiscal disaster in Congress - it is our duty to ensure that we reign in other government spending in any event, and especially in this time of national emergency."

"I believe the only measure of government response shouldn't be how much we spend on a situation, but rather how well we spend."

"All government, indeed every human benefit and enjoyment, every virtue, and every prudent act, is founded on compromise and barter."

"Bush is very clever. When the debate should have been about the deterioration of our cities and the lack of action by government, he sent in his idiot to make an outrageous statement about Murphy Brown."

"Whether we look at capitalism, taxes, business, or government, the data show a clear and consistent pattern: 70 percent of Americans support the free enterprise system and are unsupportive of big government."

"Every country has the government it deserves."

"If there are men in this country big enough to own the government of the United States, they are going to own it."

"I don't know if I can live on my income or not - the government won't let me try it."

"The state should, I think, be called 'anesthesia.' This signifies insensibility."
Explore more quotes by Timothy Geithner


"I personally believe that there's going to be a good case for the government preserving some type of guarantee to make sure that people have the ability to borrow to finance a house even in a very damaging recession. I think there's going to be a good case for that."


"And I think it's a prudent, responsible way, given the scale of the emergency, the scale of the damage still facing America, that we finance these additional support for the unemployed as well as the support for small business. We think there's a good case for doing it now. We want to do it in an overall fiscally responsible way."


"We judged that a sudden, disorderly failure of Bear would have brought with it unpredictable but severe consequences for the functioning of the broader financial system and the broader economy, with lower equity prices, further downward pressure on home values, and less access to credit for companies and households."


"Most consequential choices involve shades of gray, and some fog is often useful in getting things done."


"This crisis is not simply a more severe version of the usual business cycle recession, the typical downturn in which economies ultimately adjust and stabilize."


"The recognition that things that are not sustainable will eventually come to an end does not give us much of a guide to whether the transition will be calm or exciting."


"Some think that by preparing to deal with crises you make them more likely. I think the wiser judgment is the contrary. In this area at least, if you want peace or stability, it's better to prepare for war or instability."


"There is a basic lesson on financial crises that governments tend to wait too long, underestimate the risks, want to do too little. And it ultimately gets away from them, and they end up spending more money, causing much more damage to the economy."
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