Tim Geithner on AIG Disclosures: "I had no role in making decisions regarding what to disclose about the specific financial terms of Maiden Lane II and Maiden Lane III, and payments to AIGs counterparties."
"You cannot escape the responsibility of tomorrow by
evading it today." Abraham Lincoln
Ben Bernanke (5/17/07): “The sub prime mess is grave but largely contained. Given the fundamental factors in place that should support the demand for housing, we believe the effect of the troubles in the sub prime sector on the broader housing market will likely be limited”.
"Enlightened people seldom or never possess a sense
of responsibility". George Orwell
Nancy Pelosi December 2009: “I believe that the TARP funds would be a good source of pay-for for this,” Pelosi said. “Let me just put that in perspective for a moment. What we have to do is grow the economy. We must create jobs in order to do that, and the more jobs we create, the more money comes in to the public till and therefore reduces the deficit, so I don’t see a competition between ‘Do you reduce the deficit?’ or ‘Do you create jobs?’”
“In times like these men should utter nothing for which they would
not be willingly responsible through time and in eternity.”
Abraham Lincoln
Obama signed into law the bill passed by congress increasing the public debt ceiling from $12.394 trillion to $14.294 trillion
George Washington sent a letter to James Madison in 1789
and included the following in his correspondence:
“no generation has a right to contract debts greater than
can be paid off during the course of its own existence”.
Dear Grandchildren:
Fortunately, Joan is still with us and grandpa continues his crusade on your behalf.“The willingness to accept responsibility for one's own life is
the source from which self-respect springs.” Joan Didion
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