A Quote by Jamie Dimon
The economic union - creating a big common market, like the United States, so that you can compete across borders. There are common rules, regulations, and simplification, and that is still a good reason, too. When they put their monetary union together, that created a rigidity that made it hard for currency fluctuations. They don't really have a solution to that.
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Britain is not part of the single currency. That is a decision we have taken, a voluntary decision of this country, but as a result are part of a European Union 19 of whose members are rapidly integrating, creating political, fiscal, monetary, economic union to make their currency work. And that is increasingly rubbing up against the operation.
There is a proposal to divide the currency zone into a north and a south euro. There is also the idea of setting up a core monetary union in the middle of Europe. I disapprove of these debates. Instead, we should devote all of our efforts to supplementing the monetary union with a political union.
We need to move forward, from the common currency to the banking union to a common financial policy and, in the middle-term, to a common foreign and security policy. That will take time, because we need to figure out how to deal with those countries that don't always want a more tightly integrated European Union.
Through an unwieldy combination of big government, big military, big business, big labor and big cities, we have created an unworkable mega-nation which defies central management and control. Not only is the United States too big, but it has also become too authoritarian and too undemocratic, and its states assume too little responsibility for the solution of their own social, economic, and political problems.
Commonwealth is the only alternative for Puerto Rico. It is the only alternative that harmonizes the aspirations and goals of the modern world by protecting Puerto Rico's identity and simultaneously guaranteeing its relationship with the United States, complete with a common market, common citizenship, common defense, and common currency.
This can sound as something naive. But if we are together in this union, it's because we choose to be one in many things. That's what makes the European Union experience so challenging and also a model. Why did we do this choice? Because we see that we share a common interest and common values.
Here we have the Schengen agreement, and the truth is that for years we trusted each other and set border controls on the outer borders of the European Union. And as was the case with the economic and monetary union, with this step, regarding the management of the Schengen area, we did not go all the way in terms of political solutions.
The union of lakes--the union of lands-- The union of States none can sever-- The union of hearts--the union of hands-- And the flag of our Union for ever!
The single currency should allow the European Union, and therefore France, to balance its monetary strength with the United States. It should help us adjust to the development of China.
The euro is a vital issue for Germany. There is no other country that derives as much benefit from the common domestic market and the monetary union as Germany.
There's no necessary connection between maximizing social utility or economic wealth and creating a flourishing democracy. The first does not guarantee the second. The only way to create a flourishing democracy is to find ways to reason together about the big questions, including hard questions about justice and the common good, to reason together about these questions so that we as citizens can decide how to shape the forces that govern our lives.
To the best of my knowledge, there has never been a monetary union, putting out a fiat currency, composed of independent states.
The United Nations is the preeminent institution of multilateralism. It provides a forum where sovereign states can come together to share burdens, address common problems, and seize common opportunities. The U.N. helps establish the norms that many countries - including the United States - would like everyone to live by.
If the United States and the United Nations truly want peace and security let them fulfill the hopes of the common people everywhere - let them work together to accomplish on a worldwide scale, precisely the kind of democratic association of free people which characterizes the Soviet Union today.
The European Union and the United States of America are the big important economic areas for us, which is why I always have come up strongly in favor of concluding a trade agreement with the United States of America.
If I were a factory employee, a workman on the railroads or a wage-earner of any sort, I would undoubtedly join the union of my trade. If I disapproved of its policy, I would join in order to fight that policy; if the union leaders were dishonest, I would join in order to put them out. I believe in the union and I believe that all men who are benefited by the union are morally bound to help to the extent of their power in the common interests advanced by the union.
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