I promise you that there are a lot of people involved in various kinds of retail activities who think they have a crucial role in the economy, and they're right.

It's important to remember how fortunate we are as a country to have a currency and a bond market that is seen in every way as a source of strength and it's a huge responsibility for us to keep it that way.

Blaming speculators as a response to financial crisis goes back at least to the Greeks. It's almost always the wrong response.

Takeovers wouldn't cause the stock market to rise unless there is an upward reassessment of earnings (potential). People are more optimistic and confident about the future.

There are children who are working in textile businesses in Asia who would be prostitutes on the streets if they did not have those jobs

If you look at the history of the American capital market, there's probably no innovation more important than the idea of generally accepted accountancy principles.

The United States basically accepted protection abroad as the price of post-war recovery. Now, that these countries have caught up to our level of prosperity, it is time for them to catch up to our level of openness.