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Politician Quotes

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Politician Quotes

“Beware of little expenses. A small leak will sink a great ship.”

Source: Memoirs of the life and writings of Benjamin Franklin ...

“It looks like the financial giants of the world have bungled as much as the diplomats and politicians. This would be a great time in the world for some man to come along that knew something.”

Men World Looks Would Be Business Politician Financial Giants Great Times Diplomats

Book:Will Rogers Speaks: Over 1,000 Timeless Quotations for Public Speakers (writers, Politicians, Comedians, Browsers ...)

Source: Will Rogers Speaks: Over 1,000 Timeless Quotations for Public Speakers (writers, Politicians, Comedians, Browsers ...)

“Many politicians and pundits claim that the credit crunch and high mortgage foreclosure rate is an example of market failure and want government to step in to bail out creditors and borrowers at the expense of taxpayers who prudently managed their affairs. These financial problems are not market failures but government failure. ... The credit crunch and foreclosure problems are failures of government policy.”

“Almost no one will accept responsibility for his or her role in precipitating a crisis: not leveraged speculators, not willfully blind leaders of financial institutions, and certainly not regulators, government officials, ratings agencies or politicians.”

Government Responsibility Leader Accepting Roles Politician Crisis Institutions Blind Financial Agency Officials Rating Regulators Government Officials Speculators Financial Institutions

Author:Seth Klarman

“I think one could argue that there's more political input into the regulatory side, and on the regulatory side there seem to be fewer people with financial and banking experience - there are more lawyers, academics, economists, maybe politicians now.”

People Thinking Seems Political Sides Politician Financial Lawyer Arguing Fewer Economist Banking Input

Author:Jamie Dimon

“A stand in is a politician who can deliver her constituency to her Wall Street backers. That's what a politician does in America. You get a constituency; you make them believe your promises, and then you turn them over to your financial campaign backers. That's what politics has become and that's as much an art of deception as economics is.”

Believe Art Wall Politician Promise Financial Deception

Author:Michael Hudson

“It's not enough say, "Look, bankers were immensely greedy and that they committed lots of frauds." I mean, that's not, they were set free, that sort of particular proclivity in human nature was set free to do its best and its worst. Politicians and regulators are consumers of ideas. They never have any ideas of their own, it would take too much like hard work to develop ideas, you get them off menus and you pick the ones that suit you. Financial services were set free to go beyond their rightful place, a place by which they have been restrained in the past.”

Mean Enough Past Worst Human Nature Hard Work Politician Financial Committed Fraud Greedy

Author:Robert Skidelsky, Baron Skidelsky

“You win the modern financial-regulation game by filing the most motions, attending the most hearings, giving the most money to the most politicians and, above all, by keeping at it, day after day, year after fiscal year, until stealing is legal again.”

Giving Years Games Winning Modern Politician Financial Hearing Stealing Regulation Attending Filing Financial Regulation

Author:Matt Taibbi