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"We will not support returning Fannie and Freddie to the role they played before conservatorship, where they fought to take market share from private competitors while enjoying the privilege of government support."
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"Giving every man a vote has no more made men wise and free than Christianity has made them good."
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Personal Development
"I can make a firm pledge, under my plan, no family making less than $250,000 a year will see any form of tax increase. Not your income tax, not your payroll tax, not your capital gains taxes, not any of your taxes."
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Personal Development
"There shall be no end to the government of God."
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Personal Development
"There's no trick to being a humorist when you have the whole government working for you."
Author Name
Personal Development
"The ugliest government is the one which is spreading fear to its own people! The finest government is the one which encourages its own people to criticize the government harshly."
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Personal Development
"The diversity in the faculties of men, from which the rights of property originate, is not less an insuperable obstacle to an uniformity of interests. The protection of these faculties is the first object of government."
Author Name
Personal Development
"The instant formal government is abolished, society begins to act. A general association takes place, and common interest produces common security."
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Personal Development
"All government, indeed every human benefit and enjoyment, every virtue, and every prudent act, is founded on compromise and barter."
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Personal Development
"I think it is just stupid economics for a government to approach economic management from a strand of thinking regarding unions as enemies."
Author Name
Personal Development
"There is probably a perverse pride in my administration... that we were going to do the right thing, even if short-term it was unpopular. And I think anybody who's occupied this office has to remember that success is determined by an intersection in policy and politics and that you can't be neglecting of marketing and P.R. and public opinion."
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Personal Development
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"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."
Home
"We will not support returning Fannie and Freddie to the role they played before conservatorship, where they fought to take market share from private competitors while enjoying the privilege of government support."
Government
"Never before in modern times has so much of the world been simultaneously hit by a confluence of economic and financial turmoil such as we are now living through."
Finance
"The choice is between which mistake is easier to correct: underdoing it or overdoing it."
Mistake
"Although this crisis in some ways started in the United States, it is a global crisis. We bear a substantial share of the responsibility for what has happened, but factors that made the crisis so acute and so difficult to contain lie in a broader set of global forces that built up in the years before the start of our current troubles."
Lie
"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."
Business
"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."
Finance
"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."
Peace
"Financial crises require governments."
Finance
"This crisis exposed very significant problems in the financial systems of the United States and some other major economies. Innovation got too far out in front of the knowledge of risk."
Knowledge
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