“If we're talking about buying exchanges abroad, we have to have global securities standards, as we have global banking regulations. I'm talking about margins. Now, the United States has certain margin requirements that are not the same in London. Investors and hedge funds that want to borrow more money against securities ? if they can't in the U.S., they go abroad. That could add additional risks to the global economy.” IfsWantStatesCertainUnitedTalkingUnited StatesEconomyRiskSecurityStandardsAddLondonBuyingFundInvestorsRegulationMore MoneyRequirementsBankingMarginsGlobal EconomyHedge Fund Author:Muriel Siebert
“There is a basic lesson on financial crises that governments tend to wait too long, underestimate the risks, want to do too little. And it ultimately gets away from them, and they end up spending more money, causing much more damage to the economy.” WantLittlesLongEndsGovernmentWaitingEconomyRiskLessonsCrisisFinancialSpendingDamageGet AwayMore MoneyUnderestimateFinancial Crisis Author:Timothy Geithner
“If you bring [tax] rates down, it makes it easier for small business to keep more of their capital and hire people. And for me, this is about jobs. I want to get America's economy going again. Fifty-four percent of America's workers work in businesses that are taxed as individuals. So when you bring those rates down, those small businesses are able to keep more money and hire more people.” PeopleIfsWantAbleJobsAmericaIndividualEconomyFourEasierTaxesPercentWorkersRateFiftyMore MoneySmall Business Author:Mitt Romney
“Deficit financing proper is rather the process whereby a Government spends more money that it withdraws from the economy by taxation, borrowing, running down reserves, etc.; thereby causing in most circumstances, and very acutely in ours, monetary inflation and severe pressure on the balance of payments.” GovernmentRunningProcessEconomyBalanceCircumstancesPressureEtcMore MoneyReservesSevereTaxationInflationDeficitPaymentMonetaryBorrowingFinancing Author:John James Cowperthwaite
“In Harlem, for instance, all of the stores are owned by white people, all of the buildings are owned by white people. The black people are just there - paying rent, buying the groceries; but they don't own the stores, clothing stores, food stores, any kind of stores; don't even own the homes that they live in. They are all owned by outsiders, and for these run-down apartment dwellings, the black man in Harlem pays more money than the man down in the rich Park Avenue section.” PeopleMenKindHomeRunningPoliticsBlackWhitePayEconomyRichBuildingHe ManStoresInstanceParksLiberalismBuyingBlack PeopleClothingsMore MoneyOutsidersApartmentSectionsAvenuesDwellingGroceriesHarlemPaying Rent Author:Malcolm X
“Right now we think that rates will stay low, that you'll be able to get a mortgage below seven percent and that's kicked off a refinance boom that's going to put more money in the pockets of consumers.” ThinkingAbleEconomyRight NowLowsPercentSevenRateConsumersPocketsMore MoneyMortgageRefinance Author:Franklin Raines
“Second, we're spending a huge amount of money on technology so that everyone can check out laptops and portable phones. We're spending more money to write our existing information into databases or onto CD-ROM.” WritingTechnologyEconomyInformationHugeAmountPhonesSpendingChecksMore MoneyCdsLaptopsDatabases Author:Jay Chiat