Get QuoteDark Inspirational Quotes App

" I see nothing easy in Washington. I see either analytically simple things that are politically complex or those that are politically complex and analytically complex. I mean, look at immigration reform, you know? It is, I think, analytically easy, but politically very, very complex and very difficult. "

Related Quotes:

" For market discipline to constrain risk effectively, financial institutions must be allowed to fail. Under optimal financial regulatory and financial system infrastructures, such a failure would not threaten the overall system. "

Henry Paulson

Failure

Risk

Financial

" 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. "

" 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. "

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

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

" I've never been antiregulation. I've always believed that raw, unregulated capitalism doesn't work. "

" A single agency responsible for systemic risk would be accountable in a way that no regulator was in the run-up to the 2008 crisis. With access to all necessary information to monitor the markets, this regulator would have a better chance of identifying and limiting the impact of future speculative bubbles. "

" I'm a straightforward person. I like to be direct with people. "

Henry Paulson

People

Person

" I never once considered that it was appropriate to put taxpayer money on the line in resolving Lehman Brothers. "

" When you have a big, ugly problem, there's never going to be a neat, elegant solution that is totally painless or without a cost. "

" As I talk with the Chinese on currency, I encourage them to move much more quickly with opening up their capital markets to competition, because I don't believe the world is going to give them as much time as they would like. "

" 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. "

" As a steward of the U.S.economy and financial systems, the Treasury has helped lay the groundwork for the American economy to become a model of strength, flexibility, dynamism, resiliency. This is a system that generates growth, creates jobs and wealth, rewards initiative, and fosters innovation. "

" When I worry about risks, I worry about the biggest ones, particularly those that are difficult to predict - the ones I call small but deep holes. While odds are you will avoid them, if you do fall in one, it's a long way down and nearly impossible to claw your way out. "

" As a Christian Scientist, I don't go to doctors and get diagnoses. "

Henry Paulson

Christian

Scientist

" I grew up on a farm - I know the smell of horse manure. It does smell better than pig manure. "

" Foreclosures are a significant problem; they're an economic problem. "

" I've been through periods of stress, turbulence in the market for over the course of my career, various times, and never in any of those other periods have we had the advantage of a strong economy underpinning the markets. "

" 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. "

" There is big resistance from vested interests in China that don't want to open up to competition. "

" I think all governments engage in intelligence gathering vis-a-vis other governments. "

" Economic growth and environmental protection are not at odds. They're opposite sides of the same coin if you're looking at longer-term prosperity. "

" It is the policy of the federal government to use all resources at its disposal to make our financial system stronger. "

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

" Complexity and interconnectedness matter as much as size in assessing risk in banking. "

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

" I will never apologize for changing the approach or strategy when the facts change. "

" 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. "

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