Eliot Spitzer Quotes - Page 3

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• Don't reward bad behavior. It is one of the first rules of parenting. During the financial cataclysm of 2008, we said it differently. When we bailed out banks that had created their own misfortune, we called it a 'moral hazard,' because the bailout absolved the bank's bad acts and created an incentive for it to make the same bad loans again.

  Eliot Spitzer

  Parenting, Hazards, Moral Hazard

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• I don't think Michael Bloomberg would say that his greatest skill is delivering the speech. He would say he's more of a nuts-and-bolts mayor-picking up the trash, dealing with the school system.

  Eliot Spitzer

  School, Thinking, Nuts

  Interview with Stephen Mooallem, www.interviewmagazine.com. December 3, 2009.

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• I think President Obama could have handled politics and policies differently. But he has been decisive, strong, and consistent - important qualities in a president. Mitt Romney is indeed an Etch A Sketch, the antithesis of leadership.

  Eliot Spitzer

  Strong, Thinking, Important

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• Imagine if the pension funds and endowments that own much of the equity in our financial services companies demanded that those companies revisit the way mortgages were marketed to those without adequate skills to understand the products they were being sold. Management would have to change the way things were done.

  Eliot Spitzer

  Skills, Done, Adequate

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• In the melting pot that is America, inclusive trumps exclusive. Whether it's single women, young adults, or minorities, alienating the rapidly growing voting blocs is not smart politics.

  Eliot Spitzer

  Smart, America, Voting

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• I would very honestly just tell you that what I tried to do was simply respond to inquiries from people as they came in. Where I've thought I could say something useful, I've tried to add a voice that was, frankly, a dissident voice earlier on, but one that I think has become a more mainstream voice-and not because I've shifted. I think that the critique I had of what was going on in our financial system from six, eight years ago-after seeing some of what we've suffered through and even since the cataclysm itself-in terms of the structural changes.

  Eliot Spitzer

  Thinking, Voice, Eight

  Source: www.interviewmagazine.com

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• I don't have any particular expertise-I've never been a banker or an investment banker. But I did see an evolution in the system that I thought was problematic.

  Eliot Spitzer

  Bankers, Evolution, Investment

  Source: www.interviewmagazine.com

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• We are all used to paying a sales tax when we buy things - almost 9 percent here in New York City. The application of this concept to the financial sector could solve our need for revenue, bring some sanity back into the financial sector, and give us a way to raise the revenue we need to run the government in a fiscally responsible way.

  Eliot Spitzer

  Running, New York, Cities

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• I would say to those who don't like the metaphor This is reality.

  Eliot Spitzer

  Reality, Metaphor

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• Power must be used, but it must be tempered by soul-searching and the recognition of our human capacity for error. That is the maxim that should inform our approach to every challenge, from reforming state government to engaging in foreign affairs.

  Eliot Spitzer

  Errors, Government, Challenges

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• Jimmy Carter laid out policies that we now look back at and say, 'Gee, that actually made sense.' But you also need to explain it and convey and communicate in a way that provides that tableau, that understanding.

  Eliot Spitzer

  Understanding, Needs, Looks

  Interview with Stephen Mooallem, www.interviewmagazine.com. November 28, 2009.

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• I believe in an evolving Constitution. A flexible Constitution leaves room for us to consider not merely how the world once was, but how it ought to be.

  Eliot Spitzer

  Believe, World, Rooms

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• From those to whom much is given, much is expected. I have been given much: the love of my family, the faith and trust of the people of New York, and the chance to lead this state. I am deeply sorry that I did not live up to what was expected of me.

  Eliot Spitzer

  New York, Sorry, People

  Eliot Spitzer’s resignation speech, cityroom.blogs.nytimes.com. March 12, 2008.

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• The big lie out there, the big lie that the Republicans propagate day after day, is that cutting marginal rates for those at the top is going to create jobs. It's simply not true.

  Eliot Spitzer

  Jobs, Lying, Cutting

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