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"The second thing we did was said, OK, we've now identified the risk, but what do you want to do with the money? Because it's not enough to have risk; you've got to have a meaningful use for the money we give you."
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"The second most dangerous thing about money is that it leaves most of the people who have a lot of it with the unshakable belief that they are intelligent and well informed. The most dangerous thing about it is that it leaves most of the people who do not have a lot of money with the very same belief."

"It is unfortunately none too well understood that, just as the State has no money of its own, so it has no power of its own."

"We need a complete ban on soft money, which is sort of an enveloping problem, and a ceiling on the amount of money that can be spent on a given race."

"You know, if you look back in the 1930s, the money went to infrastructure. The bridges, the municipal buildings, the roads, those were all built with stimulus money spent on infrastructure. This stimulus bill has fundamentally gone, started out with a $500 rebate check, remember. That went to buy flat-screen TVs made in China."

"And I think the more money you put in people's hands, the more they will spend And if they don't spend it, they invest it. And investing it is another way of creating jobs. It puts money into mutual funds or other kinds of banks that can go out and make loans, and we need to do that."
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"So that's why I said, if you look at the average, you would see the money New York got this year was in line with the average across the prior three years and substantially more, by a country mile, than the money given to any other city."

"Well, I mean, Congress did originally set the formula for the state grants, and they guaranteed every state a minimum formula. So that was a congressional decision."

"Now, I'm not suggesting we're going to wait 40 years or even four years, but I think we have to put in perspective the fact that we've come quite a distance. We have quite a distance to come - go, as well."

"And if we make the process political, if we start to make it personal, we're actually going to frustrate good public policy, in terms of managing this money."

"And I have to say, I agree with some of the criticisms that some have made about that state program which allocates the grant money on a very rigid formula all across the country, with a certain percentage to each state."

"And one of the things I want to say, Wolf, is we're 100 days from hurricane season, and we've got to start focusing on what we're going to do to make ourselves ready for the next hurricane."

"And it seems to me correct then, and I think it's correct now, that job one is get the planning done, make sure the buses are there. When that's done, it's completely appropriate to go around and tour around and look at the damage."

"So, all during the '90s and, you know, for the first half of this decade, we had opportunities to get evacuation plans in place, better communications in place."
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