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Crisis Quotes

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Crisis Quotes

“The rich believe that they're different and that it is their right to pay a much lower tax rate. The response that you see from people on Wall Street, their dismissal and their almost contempt for the concerns about their culpability in the financial crisis, about the income inequality, shows that they are completely out of touch.”

“People ask, 'Is the science going to run ahead of the ethics?' I don't think that's always the problem. I think it's that the science runs ahead of the politics. Bioethics can alert people to something coming down the road, but it doesn't mean policy and politicians are going to pay attention. They tend to respond when there's an immediate crisis. The job of the ethicist, in some ways, is to warn or be prophetic. You can yell loudly, but you can't necessarily get everybody to leave the cinema, so to speak.”

“The only reason there is a crisis about Social Security in the US and pensions in Europe and Japan is that you cannot maintain a "Ponzi" scheme indefinitely. We have collected from today's young to pay today's old and counted on tomorrow's young to keep doing so. That was a fine scheme as long as the number of young people was rising faster than old people. When that ratio comes to an end, such a system also has to end.”

“The best way to alleviate the obesity "public health" crisis is to remove obesity from the realm of public health. It doesn't belong there. It's difficult to think of anything more private and of less public concern than what we choose to put into our bodies. It only becomes a public matter when we force the public to pay for the consequences of those choices.”

“I think all of us have really got to redouble our efforts, first of all, to pay attention to the K-12 crisis. The sad fact is that I can look at your zip code and tell whether you're going to get a good education. That's not fair. And secondly, I hope that all of us who were fortunate enough to have benefited will put our time, our resources and our efforts into making sure that kids, particularly kids without means, have a way to achieve.”

“When I was a Senator from New York, I represented and worked with so many talented principled people who made their living in finance. But even thought I represented them and did all I could to make sure they continued to prosper, I called for closing the carried interest loophole and addressing skyrocketing CEO pay. I also was calling in '06, '07 for doing something about the mortgage crisis, because I saw every day from Wall Street literally to main streets across New York how a well-functioning financial system is essential.”

“Barack Obama is telling the banking industry what it can and can't charge and what profit he will accept and what level of profit he won't accept. Bill Clinton and Jimmy Carter came up with this scheme that resulted in the subprime mortgage crisis. They said it was unfair that poor and minority people didn't have houses, so we're basically gonna give 'em houses. How are we gonna do that? We're going to make the banks loan them money, knowing full well they can't pay it back.”

“To be patriotic is to be able to question government policy in times of crisis. To be patriotic is to stand up for the Bill of Rights and the Constitution in times of uncertainty and insecurity. To be patriotic is to speak up against the powerful in defense of the weak and the voiceless. To be patriotic is to be willing to pay the price to preserve our freedoms, dignity, and rights. To be patriotic is to challenge the abuses of the PATRIOT Act.”