You know, when the cost of capital goes down, when credit becomes cheap, people start taking greater and greater risks.
On almost every issue involving postwar Iraq, [Bush's] assumptions and policies have been wrong. This strange combination of arrogance and incompetence has not only destroyed the hopes for a new Iraq. It has had the much broader effect of turning the United States into an international outlaw.
Legitimacy is the elixir of political power.
There is no way to turn off this global economy, nor should one try. Every previous expansion of global capitalism has led to greater prosperity across the world.
We all accuse Vladimir Putin of Cold War nostalgia, but Washington's elites - politicians and intellectuals - miss the old days as well. They wish for the world in which the United States was utterly dominant over its friends, its foes were to be shunned entirely, and the challenges were stark, moral, and vital. Today's world is messy and complicated. China is one of our biggest trading partners and our looming geopolitical rival. Russia is a surly spoiler, but it has a globalized middle class and has created ties in Europe.
I should not be judged by a standard that's not applied to everyone else.
Intriguingly, in poll after poll, when Americans are asked what public institutions they most respect, three bodies are always at the top of their list: the Supreme Court, the armed forces, and the Federal Reserve System. All three have one thing in common: they are insulated from the public pressures and operate undemocratically. It would seem that Americans admire these institutions, precisely because they lead rather than follow.
There is very strong historical data that suggest the way societies grow is by making large, long-term investments.
We have the leading companies and the leading sectors in the advanced industrial world, we have an incredibly dynamic society, and we have high levels of entrepreneurship. And we have the best universities in the world. ... We also have impeccable credit. What we don't have is a political system that can take the simple measures to deal with our short-term deficit.
As the United States continues its slow but steady recovery from the depths of the financial crisis, nobody actually wants a massive austerity package to shock the economy back into recession, and so the odds have always been high that the game of budgetary chicken will stop short of disaster. Looming past the cliff, however, is a deep chasm that poses a much greater challenge -- the retooling of the country's economy, society, and government necessary for the United States to perform effectively in the twenty-first century.
The twentieth century was marked by two broad trends: the regulation of capitalism and the deregulation of democracy. Both experiments overreached.
My friends all say I’m going to be Secretary of State, [but] I don’t see how that would be much different from the job I have now
The people who watch Fox are not going to watch CNN. You know, lets be honest.
Conservatives used to believe in confronting hard truths, not succumbing to comforting fairy tales. Some still do.
Foreign policy commands attention when it's crisis management. A street revolt breaks out in Egypt or Libya or Kiev and everyone asks, how should the president respond? Now these are important parts of America's role in the world, but they are essentially reactive and tactical. The broader challenge is to lay down a longer-term strategy that endures after the crisis of the moment.
Things happening around the world are affecting you and me.
California has often led the country, indeed the world, in the technology, consumption, trends, lifestyles, and of course, mass entertainment. It is where the car found its earliest and fullest expression, where suburbs blossomed, where going to gym replaced going to church, where forces that lead so many to assume that direct democracy is the wave of the future - declining political parties, telecommuting, new technology, the internet generation 0 are all most well developed in this vast land.
The problem is that Islam does not have a pope, so there's no one guy to say, 'This isn't kosher'...Not that he would.
America washes its dirty linen in public. When scandals such as this one hit, they do sully America's image in the world. But what usually also gets broadcast around the world is the vivid reality that the United States forces accountability and punishes wrongdoing, even at the highest levels.
Intelligence is called the world's second oldest profession for a reason. Everyone does it.
Iran is a country of 80 million people, educated and dynamic. It sits astride a crucial part of the world. It cannot be sanctioned and pressed down forever. It is the last great civilization to sit outside the global order.
Some have said that the clash between Catholicism and Protestantism illustrates the old maxim that religious freedom is the product of two equally pernicious fanaticisms, each cancelling the other out.
If envy were the cause of terrorism, Beverly Hills [and] Fifth Avenue ... would have become targets long ago.
Whenever someone says the word community, I want to reach for an oxygen mask.
CNN is getting smarter, and you can feel it in the stories, you can feel it in the depth with which they're covered, the kinds of people in terms of guests who are brought on air, the way in which issues are discussed.
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