A Quote by Jamie Dimon
The government isn't going to say, "We're going to regulate banks, but we'll leave these other companies alone." I think the regulators want to make sure that they have some form of regulation on anything systemic. We like our hand. But, you know, honestly, who owns the future?
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I think we're fooling ourselves if we think that regulators are going to be able to outsmart the bankers. So, the task of designing regulatory reform is trying to make more or less foolproof regulation and that's one of the advantages of the systemic category.
Some banks won’t make it. Other banks are going to make sure that we strengthen. All deposits are going to be safe for ordinary people, but we’re going to have to bring out some of these bad assets.
I think that if you're going after large banks and large financial companies to try to make sure people are being treated fairly, you're going to make some enemies, and you're going to make people uncomfortable.
We're going to bring our jobs back home. And if companies want to leave Arizona and if they want to leave other states, there's going to be a lot of trouble for them. It's not going to be so easy.
What I know for sure is that all the sacrifice and challenges we face are worth it if we're creating a better future for our kids. I just think if the adults are always thinking about the world we want to leave for our kids, we're going to make the right choices every single time.
Regulators are a backstop: they don't own banks. The governance at the top of our leading banks has been shown to be lamentably weak. No one at the top of Barclays will take responsibility for systemic abuse.
Growing up, I think I always had a sense of art: a sense that there was poetry in the world. I didn't know where I was going to find it. I didn't know where I was going to fit in, that was for sure. But I kept moving forward. There wasn't a future in anything other than movement.
When I say that I'm not dancing, people get it confused, like I'm not going to do anything outside of rap. It's not that. When I leave this earth, I want to be remembered as an M.C. But I'm definitely going to touch a lot of other genres, not just rapping.
In the future, 'the networked' will sometimes form alliances with the Silicon Valley companies against Congress, but sometimes we are going to want and need to target our campaigns for change at the companies themselves.
You never quite know what's going to strike your imagination, or something that won't going to leave you alone, not going to leave alone, and this was one for me.
You can't overestimate what happens when you encourage regulators to believe that the goal of regulation is not to regulate.
I think maybe they're all right when they say there are some things I won't know anything about until I'm older. But if [love] makes you like to eat all kinds of wurst I'm not sure I'm going to like this.
I think the oversight is great, and I think that oversight ought to be devoted almost entirely to the question is this being done at market you know. In other words, you want to make sure that the government isn't investing foolishly. But you don't want to care about which congressional districts it goes to or whether banks get favored over.
I can say is our point of reference - and I think that does make us different from some bands and similar to other bands too. But it's just that spirit - it's sort of like a punk spirit - but it's not punk meaning or as in like "I'm here and I'm going to get thrashy and bloody on-stage" - but, we're not going to listen to the rules and the roles already set in place. We just want to make music that is heartfelt and feels good and sounds good to our ears, and hopefully to many other's ears as well.
I want regulation. I want to protect our environment. I want regulations for safety. I want all of the regulations that we need, and I want them to be so strong and so tough. But we don't need 75 percent of the repetitive, horrible regulations that hurt companies, hurt jobs, make us noncompetitive overseas with other companies from other countries.
I wouldn't want to create the impression that I wouldn't like the government of the United States to be Islamic sometime in the future. But I'm not going to do anything violent to promote that. I'm going to do it through education.
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