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" The cheapest and cleanest energy is the energy you don't use. "
Henry Paulson
Cheapest
Energy
Use
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" From the beginning of time, we've had financial crises. People always blame the banks and for good reason. When you look for the root causes, they're almost always failed government policies. "
Henry Paulson
Good
Beginning
People
" Predators, they're the best coal miners' canary. When they're gone, you've got a sick ecosystem. "
Henry Paulson
Ecosystem
Best
You
" The U.S. and China need to take steps - mostly individually, sometimes together - that will have the mutually beneficial effect of supporting and sustaining economic growth. "
Henry Paulson
Need
Together
Will
" No matter how the financial system is set up, no matter what the economic system is, as long as you have people, you're going to have financial crises; you're going to have bubbles that manifest themselves in the financial system. "
Henry Paulson
People
Financial
Long
" 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
" I will never apologize for changing the approach or strategy when the facts change. "
Henry Paulson
Will
Never
Facts
" 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. "
Henry Paulson
Risk
Know
Say
" As our relationship with China grows and matures, tensions will naturally emerge. "
Henry Paulson
China
Grows
Our
" 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. "
Henry Paulson
Focus
Going
Financial
" I happen to think that global slowdown, the slowdown in investment, strengthening dollar probably provide more of a headwind than we get from the decline in oil prices. "
Henry Paulson
Think
Oil
More
" Every good businessman or woman carefully analyzes all the available facts before making a decision. "
Henry Paulson
Woman
Before
Decision
" 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. "
Henry Paulson
Fish
Fishing
Heart
" India is a vibrant nation whose strength lies in its commitment to equal rights and to speech, religious and economic freedoms that enrich the lives of all citizens. India is not only the world's largest democracy; it is also a secular, pluralistic society committed to inclusive growth. "
Henry Paulson
Growth
Commitment
Strength
" Prime Minister Singh is to be commended for beginning the process of transforming India into a global economic power by initiating economic liberalization in the early 1990s. "
Henry Paulson
Power
Beginning
Process
" Every global concern - economic, environmental or security-related - can be addressed more effectively when the U.S. and China work together. "
Henry Paulson
More
Environmental
Together
" We must limit the perception that some institutions are either too big or too interconnected to fail. "
Henry Paulson
Some
Perception
Must
" I always told people in the private sector, 'You can be the smartest person in the world, you can have the very best ideas, but if you can't sell them and you can't get other people to work with you, you're not going to succeed.' "
Henry Paulson
People
Work
Ideas
" 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. "
Henry Paulson
Cleaning
Small
Tough
" I've always said to everyone that ever worked for me, if you get too dug in on a position, the facts change, and you don't change to adapt to the facts, you will never be successful. "
Henry Paulson
Change
Facts
Me
" I think it is asking a lot for regulators to be perfect - because they won't be. "
Henry Paulson
Because
Perfect
I Think
" Illiquid asset purchases are all about capital and encouraging private capital to come in. "
Henry Paulson
Come
About
Capital
" The idea of being Treasury secretary in the abstract appealed to me, but my initial inclination was that it wasn't right for me to take that step. "
Henry Paulson
Right
Take
Abstract
" I'm telling you that there is no silver bullet to keep home prices from going down or to prevent all foreclosures. "
Henry Paulson
You
Bullet
Home
" When the economy is growing, there's a lot that can be done to deal with the deficit. "
Henry Paulson
Deal
Done
Lot
" In just about every area of society, there's nothing more important than ethics. "
Henry Paulson
Society
Important
Ethics
" 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. "
Henry Paulson
Mortgage
Percent
Investment
" 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. "
Henry Paulson
Back
Direction
Economy
" I don't know anyone that says, 'Boy, I had a great career, and I'm happy because I screwed up my life outside of my career, my family life.' There's no one that feels that way. "
Henry Paulson
Life
My Life
Boy
" There is a very real danger that financial regulation will become a wolf in sheep's clothing. "
Henry Paulson
Danger
Sheep
Real
" 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. "
Henry Paulson
Media
Social Media
People