The attacks on the World Trade Center and the Pentagon shook our nation to the core. Americans were deeply frightened, sad, and angry, and they rallied around a President who, at the time, showed impressive certitude and calm.
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 SpitzerDon'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