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Failing Quotes

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Failing Quotes

“When private industry makes a mistake, it gets corrected and goes away. As governments make mistakes, it gets bigger, bigger and bigger and they make more, more and more because as they run out of money, they just ask for more and so they get rewarded for making mistakes. In the meantime that is exactly what we are doing by subsidizing companies which are failing, we have a reverse Darwinism, we've got survival of the unfittest, the companies and people that have made terrible mistakes are being rewarded and other people are being punished and being taxed.”

“There's a bigger question again about how to do prevention. It's not simply about putting out the early warning. The early warning was put out on Abyei; everybody knew that this was coming. This was intentional, and still it happened. So this idea that we fail to stop these things because there's not awareness about them, or that we need better early warning information, I'm increasingly skeptical of. I think it's about how you move that information into the policy process.”

“When you have three out of the four largest banks in America today, bigger than they were - significantly bigger than when we bailed them out because they were too big to fail, I think if Teddy Roosevelt were alive today, a good Republican by the way, what he would say is: Break them up; they are too powerful economically; they are too powerful politically.”