Quotes of All Topics . Occasions . Authors
In the panic of 1819, the protectionists stressed the lack of consumer markets abroad and the necessity for building up a market at home. The inflationists, on the other hand, stressed the shortage of money capital available to manufacturers as a cause of the crisis.
Fortunately, when Korea was struck by the 1997/8 financial crisis, that was a good opportunity for us to engage in fundamental reforms and strengthen our financial structure. As a result, our financial regulatory structure and regime have been very much strengthened.
Poor decision making in government; the tragedy of short-term economic thinking; our national housing crisis: these are real 21st Century problems for our country. They are problems that can only be solved by genuinely fearless thinking about our natural environment.
Rock bottom is a crisis... and everyone wants to avoid crisis. But what 'crisis' means literally is 'to sift' - like a child who goes to the beach, lifts up the sand, and watches all the sand fall away, hoping that there's treasure left over. That's what crisis does.
At a time when the United States is handing out tax breaks to corporations that ship jobs overseas, corporate jet owners, and millionaires and billionaires, it is ludicrous that we would even be looking at Social Security and Medicare as a solution to our debt crisis.
President Ford was a devoted, decent man of impeccable integrity who put service to his country before his own self interest. He helped heal our nation during a time of crisis, provided steady leadership and restored people's faith in the presidency and in government.
Banks and investors have poured money into dirty energy and high-carbon for decades. While no single policy is a magic bullet for the climate crisis, there is also no way of solving it that doesn't involve a fundamental reimagining of the role of our financial system.
The only way the avoid a constitution crisis, and I'm not saying we're there yet, is to reassure the public that the person leading the government is someone who has loyalties other than to himself, not loyalties to the foreign governments that helped him financially.
The truth is, I can't help the way people perceive anything, from the role of financial industry in the economic crisis, to the place of women's fiction in the canon of modern literature, to the rank of mint chocolate chip ice cream as a favorite Baskin-Robbins flavor.
In our grandparents' generation news of an earthquake in Nepal would reach around the world some days later. In our parents' day the nightly news communicated the catastrophe. Now it's a matter of minutes. We've barely processed one crisis, and then we hear of another.
I think it is true that, post the global financial crisis initially - and for some period after that and particularly with how the mining investment boom and commodity prices played out - there was a dislocation that occurred in some of the more traditional mechanisms.
I can see the gravity of this pandemic as my parents are doctors. This is not only a health crisis and we need to be on humanitarian grounds. It gives me immense satisfaction to help people who are in need and it is a very basic thing that I can do in these tough times.
Enron had already collapsed and filed for bankruptcy protection by the beginning of 2002. But despite complaints from short sellers that corporations had used accounting gimmickry to inflate their profits, many investors thought the crisis at Enron was an isolated case.
It is as a free French woman who has been able to enjoy, her whole life, the very precious freedoms fought for long and hard by our mothers and grandmothers, that I want to warn about a new form of social, human, and moral regression imposed on us by the migrant crisis.
As both developed and developing nations search for alternative sources of energy in response to the growing energy crisis, we at Acumen Fund believe that investing in entrepreneurs who provide innovative energy solutions is an increasingly critical part of the solution.
Detroit can't come close to repairing the decades of neglect without addressing the crisis in our neighborhoods. I live in southwest Detroit near Woodmere Cemetery. My neighbors and I deal with the negative impacts of job loss, increased poverty, and pollution every day.
I tend to do something for two years then move on to something new. Yoga, then biking, then weight lifting, then back to biking. The moment it feels like a rut, I switch and search for a new love. It's like having a midlife crisis, but without the new wife or cheesy BMW.
Chronic malnutrition, or the lack of proper nutrition over time directly contributes to three times as many child deaths as food scarcity. Yet surprisingly, you don't really hear about this hidden crisis through the morning news, Twitter or headlines of major newspapers.
The laboratory where we stored all our negatives went bankrupt overnight following the Asian economic crisis in 1997. So, on short notice, we had to retrieve all the materials in the middle of the night before the debtor-receiver took over the laboratory the next morning.
My country is in the grips of a major economic crisis. This is causing dramatic consequences for the very existence of Polish families. A permanent economic crisis in Poland may also have serious repercussions for Europe. Thus, Poland ought to be helped and deserves help.
The FDA first began prohibiting gay and bisexual men from donating blood in the early 1980s, at the height of the AIDS crisis, when the risk from blood transfusion was just beginning to be understood. In the decades to follow, the 'lifetime ban' was left largely unchanged.
American economists can't understand the German fear of inflation and the effects of inflation when dealing with the world economic crisis. They wonder why Germany pursues such a different course - 'Why can't they agree with us?' I would have thought it was fairly obvious.
It's not a stretch to say the whole financial industry revolves around the compass point of the absolutely safe AAA rating. But the financial crisis happened because AAA ratings stopped being something that had to be earned and turned into something that could be paid for.
Democracy has always been in crisis: democracy is all about practicing the art of bearable dissatisfaction. In democratic societies, people often complain about their leaders and their institutions. The gap between the ideal democracy and the existing one cannot be bridged.
To borrow a phrase from my friend Erskine Bowles on the Fiscal Commission, we are the healthiest looking horse in the glue factory. That means America is still a step ahead of the European nations who are confronting a debt crisis, of Japan that's in its second lost decade.
The National Guard has served America as both a wartime force and the first military responders in times of domestic crisis. Hundreds of times each year, the nation's governors call upon their Guard troops to respond to fires, floods, hurricanes and other natural disasters.
Nothing would be better today if Europe were divided or smaller. Today we have to say loud and clear that the crises, which have affected Europe cannot serve as a pretext for its disintegration. A mini-Europe would be the worst response to the maxi problems we have to face.
We also can't try to take over and rebuild every country that falls into crisis. That's not leadership; that's a recipe for quagmire, spilling American blood and treasure that ultimately weakens us. It's the lesson of Vietnam, of Iraq - and we should have learned it by now.
In Tbilisi in 1990, I recall watching zealous Georgians smash statues of Lenin and Stalin. A few days earlier, though, in Moscow I had been invited to address the Red Army, as one of the first Brits to benefit from Glasnost. The subject they chose: The Cuban Missile Crisis.
Mortgage insurance stocks remained depressed through the end of 2012 amid lingering uncertainty as to whether they had sufficient capital to absorb losses on delinquent loans originated before the crisis. However, as house prices began to recover, losses started to decline.
The problem with the focus on speculators, as was demonstrated during the financial crisis, is that it tends to divert attention from the real villains. During the financial crisis, the villains were the actions of the banks, not the speculators betting on bank share prices.
The stuff that's going on is just so over-the-top, with the banking crisis and destroying the Gulf of Mexico, and the outrage hasn't quite caught up with the people yet. But when it does, I think you're going to see really virulent anti-authoritarian kind of comedy coming out.
Quite frankly, Barack Obama knows what it's like to pay a mortgage and student loans. He knows what it's like to watch a beloved family member in a medical crisis and worry that treatment is out of reach. Barack Obama knows our struggles. And, my friends, he shares our values.
It took us years to get into the mess that we got ourselves in at the end of 2008, and it's going to take a while to get us out. We lost eight million jobs, we saw a financial system near collapse, we have a continuing housing crisis that we're making progress on dealing with.
Religion is interesting because it brings out the best and the worst in humanity. It can be a source of good deeds, whether it's people from different spiritual backgrounds coming together to help other people in need after a crisis. But it's also a cause for war and bloodshed.
The Cyprus Financial Crisis was a devastating blow to Cypriots and halted their banking system. Banks closed for two weeks to prevent a banking panic. When they reopened, capital controls were placed on the people's money, and customers were met by armed guards at the branches.
If you look at the practice of 'crisis management,' and maybe squint at it a little, you can make out in the corners of your vision the ghosts or the vestiges of a much older, but still thoroughly American, form of public life, one centered not on public opinion but on religion.
After the oil crisis of 1973, many European countries tightened restrictions on immigrants. By then, millions of Muslims had decided to settle in Europe, preferring the social segregation and racial discrimination they found in the West to political and economic turmoil at home.
Between 1945 and 1965, the number of colonial people ruled by the British monarch plunged from 700 million to five million. In 1956, just three years after the coronation, the Suez canal crisis and Anthony Eden's humiliation ended all notions that Britain was a world superpower.
My mother introduced me to more academic-minded writers, Cornel West and Skip Gates. In her library, I came across, when I was very young, Harold Cruse's 'The Crisis of the Negro Intellectual,' which is like a bible of Negro intellectuals from Frederick Douglass to Amiri Baraka.
My mother, Marnie Fahr Steyer, was a lifelong smoker - up to three packs of unfiltered cigarettes a day. I like to think that, if Mom were still with us today, she'd be happy with the strides we've made to protect our children from the ongoing health crisis of tobacco addiction.
Our state is in crisis. Our people are hurting. Now is the time when we all must resist the traditional, selfish call to protect your own turf at the cost of our state. It is time to leave the corner, join the sacrifice, come to the center of the room and be part of the solution.
Well, we have a crisis along the Mexican border right now, a state of emergency as declared by a bipartisan group of Texas House members just last fall. You know, we've had almost 200,000 OTMs - the government categorizes OT 'other, other than Mexicans' - along the Mexican border.
I will come up with a project that will wipe out poverty in the Philippines in two years. I want to remove the people from economic crisis by using the Marcos wealth. Long after I'm gone, people will remember me for building them homes and roads and hospitals and giving them food.
The financial crisis was linked to the fact that banks had excessive leverage and too many risky assets. The solution is not to try to dictate to banks what they can do or not do, but to require them to strengthen their capital to absorb potential losses and hold less risky assets.
Like the assassination of JFK, everybody alive then can remember where they were that Doomsday Week of the Cuban Missile Crisis in October 1962. That Saturday, 27 October, was, and remains, the closest the world has come to nuclear holocaust - the blackest day of a horrendous week.
Few Westerners know Iran as well as Robin Wright: her first trip there as a journalist was in 1973, and she has covered every important milestone since, from the Islamic revolution and the hostage crisis to the more recent staring contest with the West over Tehran's nuclear program.
If half-black Barack Obama had decided years ago to call himself white - which his genes certainly entitled him to do - his story would have carried very different meaning. If millions of part-black people had followed him into whiteness, then the N.A.A.C.P. would be in true crisis.
Putting somebody else in crisis mode and causing them to make quicker decisions, urgent decisions, rather than prolonged, more logical decisions can be very advantageous. So, to be successful in business, you have to understand the power of confrontation and how to use it correctly.
I will say this about the truth - that it's one of those crisis rules, whether you are a client or someone who's living their life just every day - is that the truth has a funny way of not going away, and telling the truth is extremely important in dealing with any problem or crisis.