A Quote by Henry Paulson
I supported some very, very objectionable things in terms of bailouts or rescues, but I did it not for Wall Street, but for the American people.
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I supported Barack Obama originally. I supported him for reelection and the alternative of a Mitt Romney is very, very clear to everybody. And I think the president has done a good job in a number of areas. But one area that has concerned me from day one has been his reliance on Wall Street type people in terms of financial matters.
It appears that Wall Street is not acting as a force for economic expansion, providing access to capital for companies that make things. Rather, it seems, Wall Street is using government bailouts to lever up.
Let's talk about why, in the 1990s, Wall Street got deregulated. Did it have anything to do with the fact that Wall Street provided - spent billions of dollars on lobbying and campaign contributions? Well, some people might think, yeah, that had some influence.
Wall Street owns the country. It is no longer a government of the people, for the people and by the people, but a government for Wall Street, by Wall Street, and for Wall Street. The great common people of this country are slaves, and monopoly is the master…Let the bloodhounds of money who have dogged us thus far beware.
I think what the secretary Hillary Clinton has recognized is the American people are extremely angry about the power of Wall Street, the greed, the illegal behavior of Wall Street.
The Obama administration has embraced the policies of George W. Bush, and then gone much further. Wall Street bailouts went ballistic under Obama - $700 billion under Bush, but $4.5 trillion under Obama, plus another $16 trillion in zero-interest loans for Wall Street.
I think Wall Street is very important, especially to tech companies. Wall Street will get in their rhythm and go fund tech companies, and tech companies will go create jobs and employ a lot of people, so there's that aspect of Wall Street.
I have supported candidates whose views are very different than mine on the need the break up Wall Street banks, on the war in Iraq, on trade issues. Of course I have supported those people. My hope is that we're going to see - and I believe it is the case - we're going to see more and more strong progressives running for office. That's my hope. That's my desire. But that is up to - that decision is going to be made by people in 50 states and 435 congressional districts.
People talk about Wall Street greed, but one of the things many people don't understand is that there are a lot of organizations that have been the recipient of largess from the same Wall Street.
I heard governor Romney here called me an economic lightweight because I wasn't a Wall Street financier like he was. Do you really believe this country wants to elect a Wall Street financier as the president of the United States? Do you think that's the experience that we need? Someone who's going to take and look after as he did his friends on Wall Street and bail them out at the expense of Main Street America.
'Wall Street' was a very important movie for me in terms of my career. I won an Oscar, and then the film 'Fatal Attraction' came right after it.
Remember we had two Democratic houses of Congress along with the [Barack] Obama administration that laid out those policies before they lost Congress because people were very disappointed in what the Obama administration did - bailing out Wall Street instead of bailing out Main Street. So as someone who follows the climate very closely, there's no question that "all of the above" has been an absolute disaster.
Well, painting today certainly seems very vibrant, very alive, very exiting. Five or six of my contemporaries around New York are doing very vital work, and the direction that painting seems to be taken here - is - away from the easel - into some sort, some kind of wall, wall painting.
I consider myself a logical person and, you know, a lot of people try to categorize me in one way or another. You know, there are some of the things that I say that probably would be considered very much non-conservative. But I don't think really conservative or liberal; I think: What makes sense? What's going to help the American people? What's going to give them what they need? Not only in health care but in terms of jobs, in terms of education, in terms of a whole host of issues.
Wall Street shouldn't be deregulated. I think Wall Street and Main Street need to play by the same set of rules. The middle-class can't carry the burden any longer, that is what happened in the last decade. They had to bail out Wall Street.
The Dodd Bill does very little to reduce financial risks. What it will do is make Wall Street even more the servant of bureaucrats in Washington and the political party in power. That is not in the best interests of the American people.
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