“Debt, weve learned, is the match that lights the fire of every crisis. Every crisis has its own set of villains - pick your favorite: bankers, regulators, central bankers, politicians, overzealous consumers, credit rating agencies - but all require one similar ingredient to create a true crisis: too much leverage.” LightFireToo MuchPoliticianPicksCrisisCreditDebtConsumersAgencyIngredientsVillainBankersRatingYour FavoriteRegulatorsOverzealous Author:Andrew Ross Sorkin
“Politicians in their hubris who believe they can ignore debt or wish it away are sorely disappointed - as we see now with the plummeting approval ratings of both the administration and Congress.” BelieveWishPoliticianCongressDebtAdministrationDisappointedApprovalRatingHubrisApproval Rating Author:Victor Davis Hanson
“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.” GovernmentResponsibilityLeaderAcceptingRolesPoliticianCrisisInstitutionsBlindFinancialAgencyOfficialsRatingRegulatorsGovernment OfficialsSpeculatorsFinancial Institutions Author:Seth Klarman
“He [Newt Gingrich] is the most unpopular politician in America. His favorable rating is only four points higher than the Unabomber.” AmericaFourHigherPoliticianRatingNewts Author:Al Franken
“Even though the press at times made me completely crazy as they followed me around the hall, and asked tough questions over and over again - now believe me, every politician feels this way - it is a necessary part of our life, and we must have a press that isn't cowed and won't be afraid of ratings if they get put to the back of the room at a press conference.” IfsWayFeelsBelieveMadeRoomsOur LivesCrazyPoliticianToughPressesHallsBelieve In MeConferencesRatingPress ConferencesTough Questions Author:Barbara Boxer