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Deals Quotes

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Deals Quotes

“Bless his heart, I have respect for Mitt Romney, but I do not have respect for what he has done through this debt increase debate. He did this. He waited until it was a done deal that we would increase the debt ceiling, and more money would be spent, more money borrowed and then spent on bigger government. And then he came out and he made a statement, that he didn't like the deal after all. You know, you can't defer an issue and assume that the problem is going to be then avoided.”

“I don't think that Mitt Romney can legitimately say that he learned anything about how to create jobs in the LBO (leveraged buyout) business. The LBO business is about how to strip cash out of old, long-in-the-tooth companies and how to make short-term profits. All the jobs that he talks about came from Staples. That was a very early venture stage deal. That, you know they got out of long before it got to its current size.”

“By laying the groundwork for a system centered on home ownership rather than the public housing popular in Europe, the New Deal made possible the great postwar housing boom that populated the Sun Belt and boosted millions of Americans into the middle class, where, ironically, they often became Republicans.”

“Trying every day to tell the truth is hard. There are harder things, of course - arguably, living with lies and meaninglessness, living in despair is harder, but it's hardship disguised as luxury and easier perhaps to grow accustomed to, since truth is usually the enemy of custom. There are harder things than writing, being President Obama, for instance, and having to deal with House Republicans, or trying to fix the leak at the Fukushima reactor, these are harder, but writing is hard.”