A Quote by Jim Flaherty
I remember being in the Ontario Legislature and the Liberals yelling over at me about the fact that the dollar was rising, and that was bad for business, and didn't I realize that. And I thought, 'What are you talking about?' The value of the currency in part, large part, reflects the world's view of the state of our economy.
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I thought not being part of the [Britain] union was a bad idea. We are better together.
It was dangerous for business as there were no [concrete] plans around the currency or the economy.
Today it's fashionable to talk about the New Economy, or the Information Economy, or the Knowledge Economy. But when I think about the imperatives of this market, I view today's economy as the Value Economy. Adding value has become more than just a sound business principle; it is both the common denominator and the competitive edge.
There is no need for the Russian state to hold such large stakes and we do intend to put our plans into practice. It is not about whether we want it or not, it is about this being practical or not and the best timing. In general, it is practical from at least one point of view - from the point of view of structural changes in the economy.
Pearl Jam bassist Jeff Ament and I get excited talking about making record artwork or working with T-shirt designs. The least exciting part for us is talking about the finances; it's like going to the dentist for us. But we at least try to do it in a creative way and put our stamp on it. I can only think that we create something that's worth the value of that dollar.
We don't like to use the phrase "state security" in the United States because it reminds us of all the bad regimes. But it's a key concept, because when these officials are out on TV, they're not talking about what's good for you. They're not talking about what's good for business. They're not talking about what's good for society. They're talking about the protection and perpetuation of a national state system.
Well, when you get into the business, what you have to realize is that signing autographs and getting 'bothered' is just part of the deal. It's not a bother to me at all. That's part of being an actor and that's something you have to realize before you ever get into this business.
It is very difficult to enter a single currency zone having fairly weak economic parameters and maintain a favourable state of the economy, not to mention positive growth rates. We have witnessed it not only in Europe, but for example in Argentina (nearly 10 years ago or more), when they tied the national currency to the dollar and later they did not know what to do about it.
Business has a way of talking about how to create value, which is in some way isn't bad... We just need to start thinking about if the value we want to create is consistent with all social and environmental well being.
I've had two lives. The golfing part... the younger generation sort of heard about me but maybe didn't realize I wasn't too bad at times. Then the announcing part.
We have to stand up for these issues when it's tough, and that's what I've done. I did it when I was in the state legislature, sponsoring the Illinois version of the DREAM Act, so that children who were brought here through no fault of their own are able to go to college, because we actually want well-educated kids in our country who are able to succeed and become part of this economy and part of the American dream.
The French view is really one of balance, I think... What French women would tell me over and over is, it's very important that no part of your life - not being a mom, not being a worker, not being a wife - overwhelms the other part.
One of the things that really worries me, in part about Mexico, in part about Latin America, and in part about the Hispanic population in the U.S. and Canada. It's the lack of awareness of this whole science world.
What there is no dispute about is whether or not China is a currency manipulator. They are a currency manipulator. They actively intervene every single day to keep the value of their currency less than it would be against the dollar than if it floated freely. We think. Even China barely disputes that.
Abraham Lincoln did speak about keeping the man before the dollar, but he was talking at that moment about slavery, and referring to keeping the humanity of the slave higher in view than the self-interest of the slaveholders. This does not quite make Lincoln a challenger of the corporations; in fact, he prefaced those words by saying that Republicans were for the man AND the dollar.
I remember being in buses, hotel lobbies and bars leading up to the 1994 World Cup talking with guys about how great it would be to have a legitimate league of our own, so getting on the plane in Italy to return and be part of the first year of MLS was one of the proudest moments of my life.
Remember what we're looking at. Gold is a currency. It is still, by all evidence, a premier currency, that no fiat currency, including the dollar, can match.
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