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I'm not into fame. I'm not into making money, outside of financing my books. I'm not into status. My thing is basically about time - not wasting it. ”
All human beings are interconnected, one with all other elements in creation. ”
It has been said, by engineers themselves, that given enough money, they can accomplish virtually anything: send men to the moon, dig a tunnel under the English Channel. There's no reason they couldn't likewise devise ways to protect infrastructure from the worst hurricanes, earthquakes and other calamities, natural and manmade. ”
My focus is on the financial sector, on getting credit going, getting lending flowing. I can't imagine anything that would have a bigger stimulative impact. ”
If the financial system collapses, it's really, really hard to put it back together again. ”
A study by Treasury economists estimated that a country with a tax rate one percentage point lower than another country's attracts 3 percent more capital. It's not surprising then, that average OECD corporate tax rates have trended steadily downward. ”
Let's not forget, what TARP did allowed us to move overnight and put capital into hundreds of banks, and that money came back plus $32 billion. ”
I look forward to the day when China has a truly market-determined solution... To get there, you need to have a currency that is market-determined, an open capital market, and you are going to need a competitive, open financial system. ”
When the financial system works as it should, money and capital flow to and from households and businesses to pay for home loans, school loans, and investments to create jobs. ”
I never once considered that it was appropriate to put taxpayer money on the line in resolving Lehman Brothers. ”