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" As long as I can remember, I had a strong interest in fishing, and my parents, even though they had never fished or camped, took us on canoe camping trips in the wilderness of Quetico Provincial Park in Ontario, Canada, where I could fish to my heart's content. "

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" America is the land of opportunity. We need to be vigilant in ensuring that each and every American has the opportunity to acquire the skills to compete and to see those skills rewarded in the marketplace. "

Henry Paulson

American

America

Opportunity

" One of the most constant aspects of American life is change - and nowhere is it more evident than in our financial markets. "

" Xi Jinping is a very strong and ambitious leader who is looking to make a lot of changes in China. He is not looking to follow a Western model based on universal suffrage. That is for sure. "

" Anticompetitive practices hurt Chinese private firms nearly as much as foreign ones. "

" In all my life, I've been trained that when there's a big problem, you run toward it. "

" Many of the Western democracies - including the U.S. - have a problem that voters want benefits they don't want to pay for. "

" Foreclosure is to no one's benefit. I've heard estimates that mortgage investors lose 40 to 50 percent on their investment if it goes into foreclosure. "

" I was secretary of the Treasury when the credit bubble burst, so I think it's fair to say that I know a little bit about risk, assessing outcomes, and problem-solving. "

" Every American business, from the biggest companies to small hardware companies, need money to flow through the system not only to create new jobs but to sustain existing jobs. "

" For decades, Indians have immigrated to the United States, joined our communities, and raised their families while maintaining their cultural heritage. "

" A Fed loan to Lehman Brothers would not have prevented a bankruptcy. "

" Illiquid asset purchases are all about capital and encouraging private capital to come in. "

" I grew up on a working farm. It was small, a hundred acres, but we had cows and pigs and chickens and sheep and a vegetable garden. I spent hours pulling weeds, hoeing, feeding the horses, cleaning out the stalls. My dad was a tough taskmaster. I always worked, but we also had fun. "

" In pursuing economic growth, India and the United States share similar values and similar challenges. We understand that the global economy is here to stay. To keep growing and leading the world in innovation and opportunity, the United States and India must trade freely, openly, and according to the principles of the global marketplace. "

" We need a new tax system. We need entitlement reform. We need immigration reform. These are not easy things. But it is going to take our political system working better. "

" As our relationship with China grows and matures, tensions will naturally emerge. "

" The Treasury Department has a critical role to play in helping to set the direction of a U.S. and global economy, a role that reaches back to America's founding. "

" I'm telling you that there is no silver bullet to keep home prices from going down or to prevent all foreclosures. "

" I hope to help the Indian government advance their economic reform agenda, which will benefit India's citizens and the world. "

" If the financial system collapses, it's really, really hard to put it back together again. "

" If the only way you can do well is working more hours than someone else, you're going to lose out because there's always going to be someone who is going to work more. "

" Simply put, a Trump presidency is unthinkable. "

" An open, competitive, and liberalized financial market can effectively allocate scarce resources in a manner that promotes stability and prosperity far better than governmental intervention. "

" The country is polarized. And I think part of it - it is not just social media. We get our facts from different places. People self-select with so many different cable channels and so many sources. I think that is a huge problem. "

" We don't have the necessary laws or powers to deal with failing non-bank institutions. If they're a big bank, the depositor has deposit insurance, and the regulators can wind them down without throwing them into bankruptcy. "

" I believe some of the tensions the U.S. has had with Russia and that the Europeans have had with Russia... China is taking advantage of some of those dealings. "

" The cheapest and cleanest energy is the energy you don't use. "

" 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 you run a company, you want to hand it off in better shape than you found it. In the same way, just as we shouldn't leave our children or grandchildren with mountains of national debt and unsustainable entitlement programs, we shouldn't leave them with the economic and environmental costs of climate change. "

" I think history shows that countries have to have some kind of a threshold level of economic success before they begin to have the means and the will to focus on the environment. "