“I and others were mistaken early on in saying that the subprime crisis would be contained. The causal relationship between the housing problem and the broad financial system was very complex and difficult to predict.”

If you want to understand geology, study earthquakes. If you want to understand the economy, study the Depression.

If your uniform isn’t dirty, you haven’t been in the game.

I assure this committee that, if I am confirmed, I will be strictly independent of all political influences… essential to that institution’s ability to function effectively and achieve its mandated objectives.

Life is amazingly unpredictable; any 22-year-old who thinks they know where they will be in 10 years, much less in 30, is simply lacking imagination.

I am confident that we will meet whatever challenges the future may bring.

The crisis in Europe has affected the US economy by acting as a drag on our exports, weighing on business and consumer confidence and pressuring US financial markets and institutions.

The central bank needs to be able to make policy without short term political concerns.

A money-financed tax cut is essentially equivalent to Milton Friedman’s famous ‘helicopter drop’ of money.

The American people are among the most productive in the world. We have the best technologies. We have – great universities. We have entrepreneurs.

The Federal Reserve is not currently forecasting a recession.

The more important reason is that the research itself provides an important long-run perspective on the issues that we face on a day-to-day basis.

I come from Main Street, from a small town that’s really depressed.

Every effort needs to be made to try and offset the costs of Katrina and Rita by reductions in other government programs, especially those that are wasteful, duplicative and ineffective.

I don’t see much evidence of an equity bubble.

Education – lifelong education for everyone – from toddlers to workers well advanced in their careers – is indeed an excellent investment for individuals and society as a whole.

It must be awfully frustrating to get a small raise at work and then have it all eaten by a higher cost of commuting.

Here is what she said, ‘I believe the truth is that we have no strong causal link between IRCA and discrimination.

Nearly half of all murders were committed by friends, neighbors, and casual acquaintances.

I work on my technique, but when I do a video, I want people to be amazed by the speed or the power. The casual fans don’t care if your hands are up or your hands are down.

There is still vitality under the winter snow, even though to the casual eye it seems to be dead.

The danger lies in forgetting what we had. The flow between generations becomes a trickle, grandchildren tape-recording grandparents’ memories on special occasions perhaps-no casual storytelling jogged by daily life.

I’m a casual sneaker person, I like to be calm drippy.

Not going to give casual worship to a God of extravagant beauty and grace!

Prayer shouldn’t be casual or sporadic, dictated only by the needs of the moment. Prayer should be as much a part of our lives as breathing.