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Eliot Spitzer

Lawyer United States 1959–present

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Don't reward bad behavior. It is one of the first rules of parenting. During the financial cataclysm of 2008, we said it differently. When we bailed out banks that had created their own misfortune, we called it a 'moral hazard,' because the bailout absolved the bank's bad acts and created an incentive for it to make the same bad loans again.
Eliot Spitzer
In the melting pot that is America, inclusive trumps exclusive. Whether it's single women, young adults, or minorities, alienating the rapidly growing voting blocs is not smart politics.
Eliot Spitzer
Public speaking? I speak to myself on the street!
Eliot Spitzer
In 2007, when I was governor of New York, I proposed that our state once again permit undocumented immigrants to obtain a driver's license. To say the proposal lit a firestorm in the political arena is an understatement.
Eliot Spitzer
We are all used to paying a sales tax when we buy things - almost 9 percent here in New York City. The application of this concept to the financial sector could solve our need for revenue, bring some sanity back into the financial sector, and give us a way to raise the revenue we need to run the government in a fiscally responsible way.
Eliot Spitzer
Once again, the puppets on Capitol Hill are about to slam the Muppets on Main Street. The country still hasn't recovered from the Wall Street-induced financial cataclysm of 2008, yet Congress is preparing to enact the Orwellian 'JOBS Act' - a bill that should in fact be called the 'Return Fraud to Wall Street in One Easy Step Act.'
Eliot Spitzer
While their fiscal views aren't mine, the moderates are the last reasonable voice in the current Republican Party.
Eliot Spitzer
The world has conducted a massive macro-economic experiment since the cataclysm of 2008. In Europe, the fans of austerity have had their chance, and the results have been a disaster.
Eliot Spitzer
When the United States was founded, the very idea of a nation premised on democratic principles of freedom and tolerance was viewed by the vast majority of the world as an experiment doomed to fail. Dictatorships, monarchies, and theocracies had for many centuries ruled the world.
Eliot Spitzer
Imagine if the pension funds and endowments that own much of the equity in our financial services companies demanded that those companies revisit the way mortgages were marketed to those without adequate skills to understand the products they were being sold. Management would have to change the way things were done.
Eliot Spitzer
To every New Yorker - and to all those who believed in what I tried to stand for - I sincerely apologize.
Eliot Spitzer
I love and always have loved policy issues and trying to have an impact on the issues that are out there. I cherish my years in government. I have loved my participation at CNN, at Current; writing; teaching. Where I will go next, I will have to sort out.
Eliot Spitzer