A Quote by John Kenneth Galbraith

No one was responsible for the great Wall Street crash. No one engineered the speculation that preceded it. Both were the product of free choice and decision of hundreds of thousands of individuals.

John Kenneth Galbraith

Quote Topics

Both Choice Crash Decision Free Free Choice Great Great Wall Hundreds Hundreds Of Thousands Individuals Product Responsible Speculation Street Thousands Wall Wall Street Were

Quote Author

John Kenneth Galbraith
American - Economist
October 15, 1908 - April 29, 2006

Establishing a 0.03 percent Wall Street speculation fee, similar to what we had from 1914-1966, would dampen the dangerous level of speculation and gambling on Wall Street, encourage the financial sector to invest in the productive economy and reduce the deficit by more than $350 billion over 10 years.

Bernie Sanders

I do believe that we should substantially lower student debt in this country, which is crushing millions of people. We pay for it, in my view, by a tax on Wall Street speculation. The middle class bailed out Wall Street in their time of need. Now, it is Wall Street's time to help the middle class.

Bernie Sanders

We feel that our actions are voluntary when they follow a decision and involuntary when they happen without decision. But if a decision itself were voluntary every decision would have to be preceded by a decision to decide - An infinite regression which fortunately does not occur. Oddly enough, if we had to decide to decide, we would not be free to decide

Alan Watts

There where hundreds of graves. There where hundreds of women. There were hundreds of daughters. There were hundreds of sons. And hundreds upon hundreds upon thousands of candles. The whole graveyard was one swarm of candleshine as if a population of fireflies had heard of a Grand Conglomeration and had flown here to settle in and flame upon the stones and light the brown faces and the dark eyes and the black hair.

Ray Bradbury

Wall Street can be a dangerous place for investors. You have no choice but to do business there, but you must always be on your guard. The standard behavior of Wall Streeters is to pursue maximization of self-interest; the orientation is usually short term. This must be acknowledged, accepted, and dealt with. If you transact business with Wall Street with these caveats in mind, you can prosper. If you depend on Wall Street to help you, investment success may remain elusive.

Seth Klarman

I represented Wall Street, as a senator from New York, and I went to Wall Street in December of 2007 - before the big crash that we had - I basically said, 'Cut it out! Quit foreclosing on homes! Quit engaging in these kinds of speculative behaviors.'

Hillary Clinton

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.

Mary Elizabeth Lease

All those people who went out [to Occupy Wall Street] missed work, didn't get paid. Those were individuals who were already feeling the effects of inequality, so they didn't have a lot to lose. And then the individuals who were louder, more disruptive and, in many ways, more effective at drawing attention to their concerns were immediately castigated by authorities. They were cordoned off, pepper-sprayed, thrown in jail.

Edward Snowden

Hillary Clinton and Donald Trump have deep ties to corporate money. They both have a detailed and complexed view of how some on Wall Street manipulate the game. They know where the excesses are and who is to blame. If willing to take on their friends, they both could reform Wall Street from the inside.

Richard Grenell

I have met thousands and thousands of pro-choice men and women. I have never met anyone who is pro-abortion. Being pro-choice is not being pro-abortion. Being pro-choice is trusting the individual to make the right decision for herself and her family, and not entrusting that decision to anyone wearing the authority of government in any regard.

Hillary Clinton

With the loss of Free Choice Vouchers, hundreds of thousands of workers will now be forced to choose between their employers' unaffordable insurance or going without health care.

Ron Wyden

There's a choice that we have to make as people, as individuals. If you want to be great at something, there's a choice you have to make. We all can be masters at our craft, but you have to make a choice. What I mean by that is, there are inherent sacrifices that come along with that. Family time, hanging out with friends, being a great friend, being a great son, nephew, whatever the case may be. There are sacrifices that come along with making that decision.

Kobe Bryant

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.

Stephanie Cutter

Migration - whether emigration or return - at the micro level is an individual choice, and government both at the Centre and the states have role only to facilitate the decision of the individuals.

Vayalar Ravi

I've never been on Wall Street. And I care about Wall Street for one reason and one reason only because what happens on Wall Street matters to Main Street.