American - Public | March 28, 1946 -
As a Christian Scientist, I don't go to doctors and get diagnoses.
Henry Paulson
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I have relied on prayer for health care all of my life.
LifeHealthPrayerCareMy Life
From the beginning of time, we've had financial crises. People always blame the banks and for good reason. When you look for the root causes, they're almost always failed government policies.
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Buying a home today is a complex process, but that in no way excuses home buyers from their obligation for due diligence.
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For market discipline to constrain risk effectively, financial institutions must be allowed to fail. Under optimal financial regulatory and financial system infrastructures, such a failure would not threaten the overall system.
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I have always tried to live by the philosophy that when there is a big problem that needs fixing, you should run towards it, rather than away from it.
LiveProblemPhilosophyYouRunBig
I'm telling you that there is no silver bullet to keep home prices from going down or to prevent all foreclosures.
HomeYouDownSilverBulletGoing
The most pressing and significant problems in the global economy are unsustainable structural issues with regard to the E.U. - fiscal deficits and the structure of the E.U. itself.
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Many of the Western democracies - including the U.S. - have a problem that voters want benefits they don't want to pay for.
ProblemWantPayBenefitsMany
From the time the kids were in upper grade school and middle school, we took trips over the Christmas break to nature-focused places, such as the Okefenokee Swamp and Cumberland Island in Georgia; Costa Rica; Maho Bay campground in St. John, Virgin Islands; the llanos of Venezuela; the southern coast and highlands of Belize.
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In my experience, the most effective professionals in business and government have the ability to get things done. They're trained to work with multiple stakeholders, to understand how to identify a problem, devise solutions, to compromise and work well with others.
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I grew up on a working farm. It was small, a hundred acres, but we had cows and pigs and chickens and sheep and a vegetable garden. I spent hours pulling weeds, hoeing, feeding the horses, cleaning out the stalls. My dad was a tough taskmaster. I always worked, but we also had fun.
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