A Quote by Merton Miller

My expertise was in public finance, particularly corporate taxation, since I had worked at the US Treasury. — © Merton Miller
My expertise was in public finance, particularly corporate taxation, since I had worked at the US Treasury.
If taxation without consent is robbery, the United States government has never had, has not now, and is never likely to have, a single honest dollar in its treasury. If taxation without consent is not robbery, then any band of robbers have only to declare themselves a government, and all their robberies are legalized.
Maybe [the Republicans] 'll find ways around it, but the financial system of the world depends very heavily on the credibility of the US Treasury Department. US Treasury securities are what's called "good as gold"; they're the basis of international finance, and if the government can't uphold them, if they become valueless, the effect on the international financial system could be quite severe. But in order to destroy a limited health-care law, the right-wing Republicans, the reactionary Republicans, are willing to do that.
The corporate sector in my view is the most important since it is actively involved in the shaping of our life on the planet. The corporate world has the power and the means to influence politics and public trends.
None of us should play party to any corporate warfare. We cannot become pawns in the hands of corporate giants' warfare to constantly bully the government, to throw misinformation to the public, tell part-truth and part-story to the public.
Before I entered politics, I worked for more than 15 years in corporate finance in the City, where I saw for myself the value of foreign investment. Simply put, it is a catalyst for prosperity.
Some corporations don't want free markets, and they don't want democracy. They want profits. And they use our campaign finance system to loot our commons, to steal from our treasury, and the other shared resources of our community - the air, the water, the public lands, the wildlife, the things that belong to all of us that are held in trust for future generations. Corporations cannot act philanthropically in America.
I've worked ever since I was a kid with a two-bit kit of magic tricks trying to improve my skills at entertaining whatever public I had - and to make myself ready, whenever the breaks came, to entertain a wider and more demanding public.
When I worked in the Obama White House, people in national security positions had been uneasy making broad public arguments, particularly about political matters.
In itself, the practice of deception is not particularly exacting; it is a matter of experience, of professional expertise, it is a facility most of us can acquire.
But, if recent history has taught us anything, it’s that self-regulation doesn’t work in finance, and that worries about reputation are a weak deterrent to corporate malfeasance.
By the aristocracy of finance must here be understood not merely the great loan promoters and speculators in public funds, in regard to whom it is immediately obvious that their interests coincide with the interests of the state power. All modern finance, the whole of the banking business, is interwoven in the closest fashion with public credit.
We've had public hearings. We've had interim reports, which our statute has encouraged us to provide to the public. We have brought the public along with us, trying to make as much available as possible over time.
I had worked at Disney since they bought the company that I had worked for, ABC in the mid-90s.
I had to deal with terrorist finance. And we had to, if you like, ensure that the accounts of people who were guilty of terrorist finance or using their accounts for terrorist finance were closed down. So we had to do asset freezing.
At the beginning, Lincoln was so inexperienced he had reverence for military expertise, not realizing that there wasn't any military expertise, that the most anybody had commanded up to that point had been somebody, some troops in the Mexican War, and it had been years ago.
We had the hardware expertise, the industrial design expertise and the software expertise, including iTunes. One of the biggest insights we have was that we decided not to try to manage your music library on the iPod, but to manage it in iTunes. Other companies tried to do everything on the device itself and made it so complicated that it was useless.
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