A Quote by Nick Hanauer
When businesspeople take credit for creating jobs, it's a little like squirrels taking credit for creating evolution. In fact, it's the other way around.
Related Quotes
I prefer to take the view of businesspeople who are actually generating jobs and creating wealth.
One day, because they realize for some reason or other that they must stop credit expansion, the banks do stop creating new credit to lend. Then the firms that have expanded cannot get credit to pay for the factors of production necessary for the completion of the investment projects which they have already committed themselves. Because they cannot pay their bills, they sell off their inventories cheap. Then comes the panic, the breakdown. And the depression starts.
The leader is a teacher who succeeds without taking credit. And, because credit is not taken, credit is received.
In bypassing barriers between different classes, maturities, rating categories, debt seniority levels and so on, credit derivatives are creating enormous opportunities to exploit and profit from associated discontinuities in the pricing of credit risk.
I think the credit default swaps can take the place of the rating agencies who really have missed the ball in this procedure and are quite conflicted by the way the ratings are paid for. So, I would like to see credit default swaps become an evermore important way of understanding credit risk in the economy.
George Bush taking credit for the wall coming down is like the rooster taking credit for the sun rising.
Too-easy credit and millions of bad loans made during the U.S. housing bubble paved the way for the financial calamity and Great Recession that followed. Today, by contrast, credit is too tight. Mortgage loans are particularly hard to get, creating a problem for the housing market and the broader economy.
For me, everyone I write of is real. I have little true say in what they want, what they do or end up as (or in). Their acts appall, enchant, disgust or astound me. Their ends fill me with retributive glee, or break my heart. I can only take credit (if I can even take credit for that) in reporting the scenario. This is not a disclaimer. Just a fact.
Creating without claiming, Doing without taking credit, Guiding without interfering, This is Primal Virtue.
Superior leaders get things done with very little motion. They impart instruction not through many words, but through a few deeds. They keep informed about everything but interfere hardly at all. They are catalysts, and though things would not get done as well if they were not there, when they succeed they take no credit. And, because they take no credit, credit never leaves them.
I don't give the devil credit for creating nothing.
You have to be original. The people creating a buzz on YouTube are taking risks, and they're doing something different. I like it when 15 year-olds come on and tell me what to do rather than the other way around.
I was able to use credit default swaps to protect not only my investments but the hundreds of jobs that exist because of my investment. I understand the dangers of credit default swaps and the benefits of credit default swaps.
I'm not a plotter or a schemer. I'm a guy that looks at problems and tries to solve them, which I have done all of my career, creating jobs in Washington, creating jobs in Ohio.
A while back there was this fad where a big star [would get] a producing credit and you'd ask around, and people were like, "No, they didn't produce, they just took the credit." I was flabbergasted. So when I started, people were weirded out by the fact that I was like, "How long is our prep? I'll come a week before that." They were like, "We're not shooting for six weeks."
I don't like the fact that we're not creating jobs the way we used to create jobs in Pennsylvania. I lament the fact that we're not setting the table for really robust economic development, here in Pennsylvania, where we can do that. I lament the fact that our schools are being hollowed out. We need a fresh start. I think we need to go in a different direction. I think we need a new governor.
Related Authors
Bill Gates Quotes
American
Businessman
Charlie Munger Quotes
American
Businessman
Dieter F. Uchtdorf Quotes
German
Businessman
Henry Ford Quotes
American
Businessman
Jim Rohn Quotes
American
Businessman
Joseph B. Wirthlin Quotes
American
Businessman
Mark Cuban Quotes
American
Businessman
Mark Zuckerberg Quotes
American
Businessman
Peter Drucker Quotes
American
Businessman
Richard Branson Quotes
British
Businessman
Russell Simmons Quotes
American
Businessman
Sam Altman Quotes
American
Businessman
Steve Jobs Quotes
American
Businessman
Tom Peters Quotes
American
Businessman
Walt Disney Quotes
American
Businessman
Warren Buffett Quotes
American
Businessman