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 SpitzerThe 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 SpitzerNever write when you can talk. Never talk when you can nod. And never put anything in an e-mail.
Eliot SpitzerThe Occupy movement needs an organizing principle, and - just as the Tea Party did - it needs some actual measures of success. Choose one candidate whose agenda is squarely within that of the movement and make his or her electoral success a focal point.
Eliot SpitzerWe 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