A Quote by Wright Patman

Also, the Federal Advisory Committee should be enlarged and reorganized. Members should be chosen for the broadest possible representation of the public interest, their main qualification: ability.
The Open Market Committee, as presently established, is plainly not in the public interest. This committee must be operated by purely public servants, representatives of the people as a whole and not any single interest group. The Open Market Committee should be abolished, and its powers transferred to the Federal Reserve Board - the present public members of the committee, with reasonably short terms of office.
All experts on WHO advisory groups for developing norms, standards and guidelines are required to disclose interests regarding the advisory committee's area of work. If a declared interest is potentially significant, then the expert is either excluded from the meeting or given a restricted role.
I have always felt that public, commercial and community organisations should be as open as possible about their affairs. They need to be accountable to their owners, their customers, their members and communities and other interest groups.
The identity of political donors should be disclosed and bureaucratic rules should not circumvent the original intent of federal law or interfere with the public's ability to hold these organizations accountable.
Perhaps you should say there should be mandatory retirement even of members of the court, members of the federal judiciary. I'm sure there can be questions about whether one does as good work when you get into your - you know, I'm 67.
I think that is a very important milestone in our economic history that the monetary policy is now determined through a committee process where there are both independent committee members and representation from the RBI.
In 2007, Stanford Business School Advisory committee asserted that self awareness was the most important attribute a leader should develop. The challenge for the modern entrepreneur is to take that path.
Public servants should be focused on serving the public - not any special interest group, and good governance should be an expectation - not an exception.
Bad as "independence" is, the main fault of the Federal Reserve System - an admirable system if conducted in the public interest - is that too much power and control rests in the hands of people whose private interests are directly affected by the Federal Reserves' actions.
I believe that government should confine itself to the public realm and that it should be as stripped down as possible, within reason. It should not be burdened by excess bureaucracy.
Government should be good for the liberty of the governed, and that is when it governs to the least possible degree. It should be good for the wealth of the nation, and that is when it acts as little as possible upon the labor that produces it and when it consumes as little as possible. It should be good for the public security, and that is when it protects as much as possible, provided that the protection does not cost more than it brings in.... It is in losing their powers of action that governments improve. Each time that the governed gain space there is progress.
Indicate which principles you support regarding affirmative action and discrimination. 1. The federal government should discontinue affirmative action programs. 2. The federal government should prosecute cases of discrimination in the public sector. 3. The federal government should prosecute cases of discrimination in the private sector.
Wherefore for the public interest and benefit of human society it is requisite that the highest obligations possible should be laid upon the consciences of men.
The Federal Government has a responsibility to manage wisely those public lands and forests under its jurisdiction necessary in the interest of the public as a whole. ... In the utilization of these lands, the people are entitled to expect that their timber, minerals, streams and water supply, wildlife and recreational values should be safeguarded, improved and made available not only for this but for future generations.
Yet the true friend of the people should see that they be not too poor, for extreme povery lowers the character of the democracy; measures therefore should be taken which will give them lasting prosperity; and as this is equally the interest of all classes, the proceeds of the public revenues should be accumulated and distributed among its poor, if possible, in such quantities as may enable them to purchase a little farm, or, at any rate, make a beginning in trade or husbandry.
There's a statement from several members of the Senate, both Democrats and Republicans, including the Democratic leader, Charles Schumer; John McCain, the chair of the Senate Armed Services Committee; and Lindsey Graham, also a member of the Senate Armed Services Committee. They write that recent reports of Russian interference in our elections should alarm every American. They say Democrats and Republicans must work together to investigate this.
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