"We are all used to paying a sales tax when we buy things - almost 9 percent here in New York City. The application of this concept to the financial sector could solve our need for revenue, bring some sanity back into the financial sector, and give us a way to raise the revenue we need to run the government in a fiscally responsible way."
Quote collection
Eliot Spitzer quotes (page 3 of 4)
64 quotes — follow a thought to its full quote page.
"I don't have any particular expertise-I've never been a banker or an investment banker. But I did see an evolution in the system that I thought was problematic."
"From those to whom much is given, much is expected. I have been given much: the love of my family, the faith and trust of the people of New York, and the chance to lead this state. I am deeply sorry that I did not live up to what was expected of me."
"I don't think Michael Bloomberg would say that his greatest skill is delivering the speech. He would say he's more of a nuts-and-bolts mayor-picking up the trash, dealing with the school system."
"I would very honestly just tell you that what I tried to do was simply respond to inquiries from people as they came in. Where I've thought I could say something useful, I've tried to add a voice that was, frankly, a dissident voice earlier on, but one that I think has become a more mainstream voice-and not because I've shifted. I think that the critique I had of what was going on in our financial system from six, eight years ago-after seeing some of what we've suffered through and even since the cataclysm itself-in terms of the structural changes."
"The world has conducted a massive macro-economic experiment since the cataclysm of 2008. In Europe, the fans of austerity have had their chance, and the results have been a disaster."
"Why does it have to be politics? Is there a dynamism to that world and a theoretical capacity to do things that draws many talented people? Absolutely. Are there other ways to be involved and lead an interesting life? Of course."
"Public speaking? I speak to myself on the street!"
"I don't like politicians who vacillate."
"I have disappointed and failed to live up to the standard I expected of myself."
"The irony is that it was tougher to rent a car from Cerberus when it owned Alamo than to buy a semi-automatic. To rent a car, one had to provide ID, a drivers' license, and get insurance coverage. To buy a gun? Cash and carry, from the back of a station wagon at a gun show. No concerns about downstream liability or risk."
"It sucks. I used to be governor of New York."
"The big lie out there, the big lie that the Republicans propagate day after day, is that cutting marginal rates for those at the top is going to create jobs. It's simply not true."
"Virtually everywhere in the world, people still wake up and want their country to be more like the United States than any other nation. We are the envy of the world because of what we stand for and how our democratic process, flawed as it may often seem to be, operates. We should take pride in that."
"Don't reward bad behavior. It is one of the first rules of parenting. During the financial cataclysm of 2008, we said it differently. When we bailed out banks that had created their own misfortune, we called it a 'moral hazard,' because the bailout absolved the bank's bad acts and created an incentive for it to make the same bad loans again."
"The Tea Party isolated Mitt Romney from mainstream voters, linking him to a rabid ideology that he could not shake as he desperately tried to move to the middle in the closing weeks of the campaign. Lesson: The loudest voices don't often command the votes needed to win in November."
"The Occupy movement needs an organizing principle, and - just as the Tea Party did - it needs some actual measures of success. Choose one candidate whose agenda is squarely within that of the movement and make his or her electoral success a focal point."
"The attacks on the World Trade Center and the Pentagon shook our nation to the core. Americans were deeply frightened, sad, and angry, and they rallied around a President who, at the time, showed impressive certitude and calm."
"Mitt Romney's primary season embrace of the social and economic agenda of the more rabid elements of his party doomed him, especially the shrill immigration rhetoric and the harshly insensitive theory that no additional sacrifice or contribution should be sought from those at the top."
"Imagine if the pension funds and endowments that own much of the equity in our financial services companies demanded that those companies revisit the way mortgages were marketed to those without adequate skills to understand the products they were being sold. Management would have to change the way things were done."