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Financial Crisis Quotes
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The financial crisis should not become an excuse to raise taxes, which would only undermine the economic growth required to regain our strength.
George W. Bush
Strength
,
Crisis
,
Become
No one should have to choose between medicine and other necessities. No one should have to use the emergency room every time a child gets sick. And no one should have to live in constant fear that a medical problem will become a financial crisis.
Brad Henry
Time
,
Fear
,
Medical
If there had been a Financial Product Safety Commission in place 10 years ago, the current financial crisis would have been averted.
Elizabeth Warren
Crisis
,
Place
,
Financial
Washington's answer to a self-inflicted financial crisis reminded Americans why they so deeply distrust the political class. The 'fiscal cliff' process was secretive and sloppy, and the nation's so-called leadership lacked the political courage to address our root problems: joblessness and debt.
Ron Fournier
Leadership
,
Courage
,
Crisis
During the financial crisis and bailouts of 2008, it probably occurred to very few average people that we were entering a period of hardship for billionaires.
Thomas Frank
Crisis
,
Few
,
Financial
Just as the financial crisis has created toxic assets and 'zombie' financial institutions, so has it transformed conservatism into a movement of the living dead.
Thomas Frank
Crisis
,
Living
,
Dead
There is much to dislike about President Obama's approach to the financial crisis. But opposition, it seems, will have to come from somewhere other than conservatism. The party out of power is also a party out of touch.
Thomas Frank
Power
,
Crisis
,
Touch
Being on a movie set is like one long financial crisis.
John Cusack
Crisis
,
Long
,
Movie
The prevailing ideology of the modern west - which is political economy - is in the doghouse. Having failed to notice atmospheric pollution, the economists then frightened themselves with the sort of financial crisis they said they had abolished.
James Buchan
Crisis
,
Political
,
Said
What we know about the global financial crisis is that we don't know very much.
Paul Samuelson
Crisis
,
Financial
,
Global
There was, of course, a global financial crisis. But our Labour predecessors left Britain exceptionally vulnerable and damaged: more personal debt than any other major economy; a dangerously inflated property bubble; and a bloated banking sector behaving as masters, not the servants of the people.
Vince Cable
Crisis
,
Personal
,
Debt
The Tea Party was born out of the disgust many Americans felt early in the financial crisis upon learning that the federal government was even contemplating reducing the principal on some troubled mortgages.
Mark Zandi
Government
,
Learning
,
Crisis
2009 was a tough year, but Australia rose to the challenge of the global financial crisis. It shows what can be done when we all join together and work together, governments of all persuasions state, territory and local; businesses large and small; unions and local communities right across the nation.
Kevin Rudd
Work
,
Crisis
,
Done
We are in a situation with the huge stimulus package that's going to be spent all across this nation and a big financial crisis and banking crisis. And what we need is good, trained journalists who can play the role of watchdog.
Walter Isaacson
Good
,
Crisis
,
Play
Importantly, in the 1930s, in the Great Depression, the Federal Reserve, despite its mandate, was quite passive and, as a result, financial crisis became very severe, lasted essentially from 1929 to 1933.
Ben Bernanke
Great
,
Crisis
,
Depression
So how does the machine work that you have a financial crisis? How does deleveraging work - what is the nature of that machine? And what is human nature, and how do you raise a community of people to run a business?
Ray Dalio
Work
,
Nature
,
Business
President Obama inherited a broken country mired in two wars, a financial crisis, a mortgage mess and more than we all probably even know about and has in my opinion brought us back from the brink. But I still see my friends in no better shape and the gap widening.
Don Cheadle
Crisis
,
Country
,
Two
I want to see somebody go to jail over the financial crisis and not just black, brown and poor whites over humbles and minor drug beefs.
Don Cheadle
Crisis
,
Black
,
Poor
There was a clarity to the Nineties. It was pre-9/11, before that anxiety kicked in that exists right now about the financial crisis or terrorism. We were all just going to move forward into the millennium and everything was always going to get better. Then, whoops, that didn't happen.
Carrie Brownstein
Crisis
,
Forward
,
Everything
Blaming speculators as a response to financial crisis goes back at least to the Greeks. It's almost always the wrong response.
Lawrence Summers
Crisis
,
Wrong
,
Almost
With the lessons taken from the financial crisis in 1997, the Republic of Korea has been able to surmount the global economic crisis rather successfully.
Lee Myung-bak
Crisis
,
Able
,
Rather
Fortunately, when Korea was struck by the 1997/8 financial crisis, that was a good opportunity for us to engage in fundamental reforms and strengthen our financial structure. As a result, our financial regulatory structure and regime have been very much strengthened.
Lee Myung-bak
Good
,
Crisis
,
Result
We tend to separate two crises going on in the same neighborhood, southern Europe's financial crisis and northern Africa's Arab Spring. Now that we have found new energy resources in this region, we can really develop green energy including solar and wind. Why not have a green Marshall Plan, which will bring in investments and stabilize the region.
George Papandreou
Crisis
,
Two
,
Why
The financial crisis in our country is not a passing storm. Given the size of the problems, our national effort will not be completed in 2012. It will take many years and will require the efforts and insistence of several governments.
Lucas Papademos
Crisis
,
Country
,
Storm
I saw the government really using the excuse of a weak economy and a financial crisis to create more government and to push onto the American entrepreneurial society more and more restraints and government activity.
Rob Portman
Government
,
Society
,
Crisis
We urge the Department of Justice to carefully investigate and aggressively prosecute all senior bank officials who participated in manipulating the London interbank offered rate throughout the financial crisis.
Peter Welch
Crisis
,
Justice
,
Financial
During the financial crisis, I worked with hundreds of executives who struggled as a result of their thoughts about job security. When their beliefs changed, so did their emotional experience - and they were then able to focus on the task at hand more effectively.
Andrew Bernstein
Experience
,
Crisis
,
Emotional
The world economy today is recovering slowly, and there are still some destabilising factors and uncertainties. The underlying impact of the international financial crisis is far from over.
Hu Jintao
Today
,
Crisis
,
Far
Many of us like to think of financial economics as a science, but complex events like the financial crisis suggest that this conceit may be more wishful thinking than reality.
Andrew Lo
Science
,
Crisis
,
Reality
Let us not forget, the financial crisis had its roots in the decision by Congress to embark on a course of social justice to get everyone that wanted a home into one, regardless of whether or not they could afford it.
Ed Royce
Home
,
Crisis
,
Forget
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