The only people benefiting in Iraq war are George Bush's Jr. friends in the oil industry. He has … - Joseph Stiglitz

Same topic Authors

Quote of the day

Even the most radical Islamic terrorist would not want to see the revered holy city of Medina go up. It would be like losing the Vatican in Rome.

Joseph Stiglitz

The only people benefiting in Iraq war are George Bush's Jr. friends in the oil industry. He has done the American economy and the global economy an enormous disfavor, but his Texan friends couldn't be happier.

Benefiting, Enormous, Iraq, Oil, Texan, War

Same Author Quotes

Certainly, the poverty, the discrimination, the episodic unemployment could not but strike an inquiring youngster: why did these exist, and what could we do about them.

Episodic, Inquiring, Poverty, Unemployment

The momentum today behind the idea of a new global reserve currency reflects, in effect, the rise of the rest in world politics and economics, led by China.

Currency, Politics, Rest, Today, World

The powershift began already several years ago, under the Bush administration, when the dollar became very volatile and started declining. That is when China shifted from having almost 100 percent of its reserves in dollars to 75 percent. Some countries went completely out of the dollar. The dollar, for all intents and purposes, lost its special reserve status and people starting talking about a portfolio, or basket, approach as a store of wealth instead of the dollar.

Already, Basket, Country, Instead, People, Special

Policies seemed almost deliberately designed to suppress new enterprise and job creation. How many Americans will start a business if the interest rates are 150 percent?

Americans, Business, Creation, Enterprise, Interest, Suppress

China's accumulation of reserves is a result of the IMF's mismanagement of the Asian financial crisis a decade or so ago. If countries know they can't rely on the IMF to help them, their best defense is their own reserve cushion. In a time of spreading global recession, too much emphasis on savings in surplus countries like China can impede prospects for global growth.

Asian, Country, Decade, Growth, Helping, Know

Similar Quotes

Sally Helgesen

our domestic lives reflect the major trend that dominates the consumer marketplace today: an ever-increasing emphasis on variety and choice. . . . we find ourselves inventing our lives as we go along, improvising in an effort to take advantage of the bewildering range of choices that we face.

Choices, Dominates, Effort, Emphasis, Inventing, Trends

Nelson DeMille

Even the most radical Islamic terrorist would not want to see the revered holy city of Medina go up. It would be like losing the Vatican in Rome.

Cities, Holy, Islamic, Like, Losing, Rome

W. H. Auden

America has always been a country of amateurs where the professional, that is to say, the man who claims authority as a member of an élite which knows the law in some field or other, is an object of distrust and resentment.

America, Authority, Country, Member, Men, Say

Stuart Franklin

I was always interested in drawing and painting. I enrolled in college to study painting. But I didn't have any livelihood when I graduated. My mother died very young, and I didn't have any home, so I had to find a way to earn a living. It seemed to me that photography - to the great disappointment, I have to say, of my painting teacher - could offer that. So I went and did a degree in photography, and then after that I could go out and get paid for work. For portraits, things like that.

Like, Mother, Photography, Portraits, Say, Teacher

Gene Roddenberry

If 'Trek' is a hit, we'd love to do a series of films - a regular event. Look at James Bond's films. They've been around since the early sixties.

Event, Events, Film, Looks, Regular, Trek