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" It's much easier for a middle class Indian entrepreneur to start up a computer company than it is for an Indian company to build roads and transportation systems suitable for a population that is getting wealthier and demanding more basic services. "

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" In many cases, the Treasury will get preferred or convertible preferred stock for the money it gives to banks. These shares typically don't have voting rights, possibly to give more of a hands-off appearance to the government. "

Jerry A. Webman

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Voting

Appearance

" If we continue to print new paychecks at the rate we've been adding them, that mitigates a lot of the damage of higher gasoline prices. "

Jerry A. Webman

New

Lot

" The rise in equities helped strengthen the economy. "

" There's a foot race between gas bills and paychecks. "

" The Greek debt issue, for example, is such a threat because if that country ever defaulted, it might cause some bank that's 'too big to fail' to actually fail. "

" It would be helpful if someone would lay out exactly the economic mechanism that gets us from yet lower interest rates to actual economic activity. "

Jerry A. Webman

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Activity

" A lot of the state-sponsored growth in India was just too fast. You went from cradle to Nirvana in a short period of time. "

" The political ramifications of our festering financial and economic crisis have reached the sidewalks of New York, as well as other large and small cities across the US. "

" Great growth in India doesn't mean great growth for India companies. It could mean better growth for companies that are trading with India. "

" After all, as a taxpayer, if I'm acting as the insurer against losses, I should have the right to say what risks the insured can take. "