In fact, I'd say that the sources of the economy's expansion from 2003 to 2007 were, in order, the housing bubble, the war, and - very much in third place - tax cuts.

Close the weak banks and impose serious capital requirements on the strong ones...You see, it may sound hard-hearted, but you cannot keep unsound financial institutions operating simply because they provide jobs.

The United States in particular and the West in general should be feeling a little embarrassed about all that lecturing we did to the Third World.

But Wall Street people are in fact very smart; they're funny, they're not company men who work their way up the chain.

I really think that people have to think safety; taking risks for higher yield is a bad idea once you're in late or latish middle age.

The federal government is basically an insurance company with an army.

The party of ideas has become the party of Beavis and Butthead.