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If we allow terrorism to undermine our freedom of action, we could reverse at least part of the palpable gains achieved by postwar globalization. It is incumbent upon us not to allow that to happen.

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The recent evidence increasingly suggests that an economic expansion is already well under way, although an array of influences unique to this business cycle seems likely to moderate its speed.
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The guiding purpose of the government regulator is to prevent rather than to create something.
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The only sustainable way to increase demand for vacant houses is to spur the formation of new households. Admitting more skilled immigrants, who tend to earn enough to buy homes, would accomplish that while paying other dividends to the U.S. economy.
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[Republicans] swapped principle for power. They ended up with neither. They deserved to lose.
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The economy is turning, and credit comes in with a lag, .. To the extent that a number of small firms are finding it difficult to get the credit they need at a price they can afford, that’s likely to change for the better.
ALAN GREENSPAN

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I love facts and figures. It’s like following a detective story, piecing together what’s going on in the economy.
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A decline in the national housing price level would need to be substantial to trigger a significant rise in foreclosures, because the vast majority of homeowners have built up substantial equity in their homes despite large mortgage.
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I was a fairly good amateur musician, and I was an average professional. But the one thing I saw was that the big band business was fading.
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Gold stands in the way of this insidious process. It stands as a protector of property rights.
ALAN GREENSPAN

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We ought to be opening up our borders to skilled labour from all parts of the world because [the state of the world is as follows: ].
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Was sort of intellectually shocked. Contagion is the critical phenomenon which causes the thing to fall apart.
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I’ve always argued that this country has benefited immensely from the fact that we draw people from all over the world.
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You can’t have the capitalist system if an increasing number of people think it is unjust.
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I think that real pressure is going to occur not by the initiation by the Federal Reserve, but by the markets themselves.
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Anything that we can do to raise personal savings is very much in the interest of this country.
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I am saddened that it is politically inconvenient to acknowledge what everyone knows: the Iraq war is largely about oil.
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