A Quote by George Soros

Financial markets ... resent any kind of government interference but they hold a belief deep down that if conditions get really rough the authorities will step in.

George Soros

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George Soros
Hungarian - Businessman
Born: August 12, 1930

The door of the Free Exercise Clause stands tightly closed against any government regulation of religious beliefs as such. Government may neither compel affirmation of a repugnant belief, nor penalize or discriminate against individuals or groups because they hold views abhorrent to the authorities.

William J. Brennan

There are no free financial markets in America or, for that matter, anywhere in the Western word, and few, if any, free markets of any other kind.

Paul Craig Roberts

These people talk of a "middle-of-the-road" policy. What they do not see is that the isolated interference, which means the interference with only one small part of the economic system, brings about a situation which the government itself — and the people who are asking for government interference — find worse than the conditions they wish to abolish: the people who are asking for rent control are very angry when they discover there is a shortage of apartments and a shortage of housing.

Ludwig von Mises

Ultimately savings have to go somewhere and I think they will find their home in financial markets and within financial markets, a large part in equity.

Rakesh Jhunjhunwala

If the Commission is to enquire into the conditions "to be observed," it is to be presumed that they will give the result of their enquiries; or, in other words, that they will lay down, or at least suggest, "rules" and "conditions to be (hereafter) observed" in the construction of bridges, or, in other words, embarrass and shackle the progress of improvement to-morrow by recording and registering as law the prejudices or errors of to-day. [Objecting to any interference by the State with the freedom of civil engineers in the conduct of their professional work.]

Isambard Kingdom Brunel

The government can always rescue the markets or interfere with contract law whenever it deems convenient with little or no apparent cost. (Investors believe this now and, worse still, the government believes it as well. We are probably doomed to a lasting legacy of government tampering with financial markets and the economy, which is likely to create the mother of all moral hazards. The government is blissfully unaware of the wisdom of Friedrich Hayek: "The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design.")

Seth Klarman

Financial innovation can be highly dangerous, though almost no one will tell you this. New financial products are typically created for sunny days and are almost never stress-tested for stormy weather. Securitization is an area that almost perfectly fits this description; markets for securitized assets such as subprime mortgages completely collapsed in 2008 and have not fully recovered. Ironically, the government is eager to restore the securitization markets back to their pre-collapse stature.

Seth Klarman

If you get your foot in the door doing one kind of part, that's the kind of role they call you for. I can't say I resent it - then I would resent my whole career.

Teri Garr

I grew up in the Justice Department. I served 12 years as a line lawyer in the public integrity section. This department under me will not have any kind of political interference. I will not allow political interference in the Justice Department. Those who might attempt to do that will be rebuffed.

Eric Holder

I did get introduced to the financial markets while I was in college. And I think I learned also how to sort of filter out all of the nonrational, or nonsensible, noise and sort of concentrate on what matters, and that's really what markets are about.

Gary Cohn

Nations do not think, they only feel. They get their feelings at second hand through their temperaments, not their brains. A nation can be brought -- by force of circumstances, not argument -- to reconcile itself to any kind of government or religion that can be devised; in time it will fit itself to the required conditions; later it will prefer them and will fiercely fight for them.

Mark Twain

To restore confidence in our markets and our financial institutions so they can fuel continued growth and prosperity, we must address the underlying problem. The federal government must implement a program to remove these illiquid assets that are weighing down our financial institutions and threatening our economy.

Henry Paulson

The secret of making something work in your lives is first of all, the deep desire to make it work; then the faith and belief that it can work; then to hold that clear definite vision in your consciousness and see it working out step by step, without one thought of doubt or disbelief.

Eileen Caddy

The real problem is that "limited government" invariably leads to unlimited government. If history is to be any guide and current experience is to be any guide, we in the United States 200 years ago started out with the notion of limited government - virtually no government interference - and we now have a massive quasi-totalitarian government.

Murray Bookchin

The Government of the United States would be constrained to hold the Imperial German government to a strict accountability for such acts of their naval authorities.

Woodrow Wilson

Arbitrary government power is being multiplied daily by the now practically unchallenged assumption that wherever there is any problem of any kind to be solved, government is the agency to step in and solve it.

Henry Hazlitt

A Quote by George Soros

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