Words matter. These are the best David Malpass Quotes, and they’re great for sharing with your friends.
The assumption that Washington could and would resolve Lehman Brothers without a bankruptcy, as it had Bear Stearns, was the single biggest mistake in the series of mistakes in 2007 and 2008 that led to the financial panic and the ensuing epidemic of job losses.
I don’t want to see the dollar strong because the rest of the world is crumbling. I would like to see the dollar strong because the Fed has said it wants it to be strong in the future.
When Congress legislates in haste, it often causes more problems than it solves. But Congress rarely reconsiders its mistakes.
The world is constantly in a race to the top, in terms of there’s a limited amount of capital and you’ve got to figure where it’s going. And if your currency is weakening, that means you’re paying a load.
If stocks double but the dollar loses half its value, who beyond Wall Street are the winners and losers?
The tenth amendment said the federal government is supposed to only have powers that were explicitly given in the Constitution. I think the federal government’s gone way beyond that. The Constitution never said that you could have a Federal Reserve that would have $2.8 trillion in assets. We’ve gotten out of control.
It’s not coincidence that the U.S. is in last place in the world in terms of corporate tax rate. It’s because our system is set up to block tax reform.
Politicians are addicted to spending and revenue extraction. As with an addict, there’s little pause for moral or legal contemplation.
For small businesses, you need less taxes, less federal spending, and you need less regulation that blocks their growth.
Every generation has an obligation to leave its children in a better position than it inherited. Our representatives in Washington are breaking faith with that covenant. America must reduce its federal spending and accumulation of debt for the sake of generations to come.
