It is a set of policies formulated between 15th and 19th streets by the U.S. Treasury, and World Bank. Countries should focus on stabilization, liberalization, privatization.

They [political leaders ] thought the only problem was the banking system, and if they fixed the banking system, all would be fine. But the banking system and the mortgage problem were symptomatic of some deeper problems, and evidently they still haven't recognized those deeper problems.

I went to public schools, and while Gary was, like most American cities, racially segregated, it was at least socially integrated - a cross section of children from families of all walks of life.

I find it scandalous not only that there was so little discussion of the costs of the Iraq war before we went to war - this was, after all, a war of choice - but even five years into the war, the Administration has not provided a comprehensive accounting of the war.

If you destroy a firm, you can't pull it out of bankruptcy overnight.

What you measure affects what you do. If you don't measure the right thing, you don't do the right thing.

The national debt will have increased by approximately 50% in just eight years! We will have created a new unfunded entitlement - disability and health care benefits for the huge number of disabled veterans returning from the Iraq war.