A Quote by Dick Durbin
Instead of incentivizing quick, short-term decisions, the federal government should be asking the tough questions when governments turn over publicly funded transportation assets to for-profit operators.
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If the short-term decisions you make damage the long term, you should resist those. But there are many short-term decisions that you need to make to be a successful manager.
Most meteorological research is funded by the federal government. And boy, if you want to get federal funding, you better not come out and say human-induced global warming is a hoax because you stand the chance of not getting funded.
The federal government neither has the power to site transmission lines, nor do we build them. That's done, as people know, in their own communities. The siting decisions and the permitting is done at the local level, or by state governments if it's interstate in nature. And federal government - this is one area we have no authority.
The federal government should not be in the business of initiating and administering short-term incentive programs designed to shape consumer purchase behavior.
There are people who oppose a federal Constitutional amendment because they think that the law of family should be made by the states. I can see a legitimate argument there. I think it's mistaken, however, because the federal government, through the decisions of life-tenured federal judges, has already taken over that area.
The dominance of short-term perspectives has led to routine decisions in the markets that sacrifice the long-term buildup of genuine value in pursuit of artificial, short-term gains.
The big companies are the private industry. But they're faced with a short-term need to show a profit in short-term.
The Federal Government should be the last resort, not the first. Ask if a potential program is truly a federal responsibility or whether it can better be handled privately, by voluntary organizations, or by local or state governments.
The tenth amendment said the federal government is supposed to only have powers that were explicitly given in the Constitution. I think the federal government's gone way beyond that. The Constitution never said that you could have a Federal Reserve that would have $2.8 trillion in assets. We've gotten out of control.
Of course we have to make a profit, but we have to make a profit over the long haul, not just the short term, and that means we must keep investing in research and development - it has run consistently about 6 percent of sales at Sony - and in service.
Decisions about whether industries or companies should be publicly or privately owned are for the governments of developing countries to make; but where they ask for our assistance we'll give it.
The failure to work out sensible budgets makes it impossible for government agencies to make long-term plans, and instead leaves them scrambling to spend money in the short term.
People should have an escape valve for their money, their assets. If you have substantial financial assets, the government is going to confiscate the purchasing power of those assets and spend it.
Well there are tough decisions necessary in budgets. I agree there are tough decisions necessary to ensure the long-term health of the budget. What I don't accept and will never accept is that those decisions must be unfair as a matter of course.
I don't think the federal government or federal candidates should be making decisions on everything and opining on everything.
I believe that States should be credited for their non-Federal investment in revenue-generating transportation facilities to address their regional transportation needs.
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