A Quote by Charles Duhigg

Hank Paulson, the happy capitalist warrior who spent his life pursuing and defending free markets, is now the biggest interventionist Treasury secretary we've had since the Great Depression.
I don't think you can have a better secretary of the Treasury than Hank Paulson.
My old firm, Goldman Sachs - traditionally, the best banks are leveraged 8:1. When we had the financial crisis in 2008, the investment banks were leveraged 35:1. Those rules had specifically been changed by a guy named Hank Paulson. He was secretary of Treasury.
I mean, Hank Paulson is in there [ Treasury] at the wrong time, probably shouldn't have taken the job. He's a friend of mine. But he knows markets, he knows corporations' work, he knows money, and he's got the interests of the country at heart.
Hank Paulson, obviously, had spent his career on Wall Street, had a deep knowledge of the Street, and also was a very forceful personality, had a very good relationship with the president, and was in a very different place, for example, than Ben Bernanke, who is an academic, quiet guy: spent most of his time thinking about monetary policy.
Goldman Sachs was fundamentally responsible for the crash of 2008, but by that time its former Chairman and Chief Executive Officer, Henry 'Hank' Paulson, had been installed as US Treasury Secretary to begin the bank bail out policy, with enormous benefit to Goldman Sachs, in the closing weeks of the Bush administration. Goldman Sachs was also instrumental in the collapse of the economy in Greece that started the 'euro panic' that later engulfed Ireland.
I passionately disagreed with Treasury Secretary Hank Paulson's plan to bail out the banks by using a public fund called the Troubled Asset Relief Program (TARP) to help banks take toxic assets off their balance sheets. I argued that it would be much better to put the money where the hole was and replenish the equity of the banks themselves.
The Bush administration has now provided three case studies in arrogance, isolation and destructiveness: Michael Brown during Hurricane Katrina, Ambassador Jerry Bremer in Baghdad and Secretary Paulson at Treasury. It is a tragic and very expensive legacy. No conservative and no Republican should doubt how much it has hurt our cause and our party.
Alexander Hamilton has been on the $10 since 1928, he's been well honored by the country, he was a great Secretary of the Treasury. But of all the people on the currency, the only one who isn't a president.
Manufacturing and commercial monopolies owe their origin not to a tendency imminent in a capitalist economy but to governmental interventionist policy directed against free trade and laissez faire.
There's not a single country that actually approaches economics in a pure, free market, capitalist way. I like the free market - but it very much exists only in textbooks. If I had a choice, and we could live in a very pure world, I would be a supporter of the free markets.
The Secretary of the State at the time was James Baker, who had also been Secretary of Treasury and White House Chief of Staff: very powerful guy. And I went to see him in his very ornate office at the State Department to say I wasn't going to cover him anymore. It was just a courtesy call.
Diversity means, when the left teaches it, the people responsible for building America and maintaining it get the short end of the stick from now on. With this singular American culture that people came and wanted to be part of, they were proud, couldn't wait to become Americans, tears in their eyes when it happened. It was a special place. Defending it now, defending that America, defending our cultural, defending our founding, defending all of the things that made this country great is now called racism or xenophobia or hate.
As somebody who has spent her entire adult life defending this country, I'd say defending our elections is a fundamental part of defending our democracy.
My character had been in the chair for seven years. He had gone through his anger, depression, drug and alcohol abuse. He had gone through everything, now he was up, he was happy, he was filled with his dream.
As press secretary, I spent countless hours defending the administration from the podium in the White House briefing room.
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