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Former United States Secretary Of The Treasury Inspirational Quotes (127)

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Looking past the immediate crisis, a more resilient system must be built on stronger and better designed shock absorbers, both in the major institutions and in the infrastructure of the financial system.
Timothy Geithner
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The ease with which barley may be substituted directly for wheat in human food and its usefulness to replace wheat milling by-products as feed in the production of the milk supply render its abundant production important.
David F. Houston
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Any man of energy and initiative can get what he wants out of life. But when initiative is crippled by legislation or by a tax system which denies him the right to receive a reasonable share of his earnings, then he will no longer exert himself and the country will be deprived of the energy on which its continued greatness depends.
Andrew Mellon
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Every man wants to connect his life with something he thinks eternal.
Andrew Mellon
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If the spirit of business adventure is dulled, this country will cease to hold the foremost position in the world.
Andrew Mellon
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Strong men have sound ideas and the force to make these ideas effective.
Andrew Mellon
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I see nothing in the present situation that is either menacing or warrants pessimism... I have every confidence that there will be a revival of activity in the spring, and that during this coming year the country will make steady progress.
Andrew Mellon
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A balanced program for tax reform based upon the common sense idea of lowering taxes out of surplus revenues.
Andrew Mellon
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The history of taxation shows that taxes which are inherently excessive are not paid. The high rates inevitably put pressure upon the taxpayer to withdraw his capital from productive business.
Andrew Mellon
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There is no cause to worry. The high tide of prosperity will continue.
Andrew Mellon
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Give tax breaks to large corporations, so that money can trickle down to the general public, in the form of extra jobs.
Andrew Mellon
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The greatest asset of any nation is the spirit of its people, and the greatest danger that can menace any nation is the breakdown of that spirit-the will to win and the courage to work.
George B. Cortelyou
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The advantage of the cauliflower is that if all else fails, you can always cover it with melted cheese and eat it.
William E. Simon
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I continue to believe that the American people have a love-hate relationship with inflation. They hate inflation but love everything that causes it.
William E. Simon
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The nation ought to have a tax system which looks like someone designed it on purpose.
William E. Simon
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Productivity and the growth of productivity must be the first economic consideration at all times, not the last. That is the source of technological innovation, jobs, and wealth.
William E. Simon
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Freedom is strangely ephemeral. It is something like breathing one only becomes acutely aware of its importance when one is choking.
William E. Simon
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The fact throughout history is that whenever government dominates the economic affairs of its citizenry, a free society is eroded, then destroyed, and a minority government ensues. Personal liberty without economic liberty is an absolute contradiction the one cannot exist without the other.
William E. Simon
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Writing checks for charities is necessary and important. But it can't compare with corporal works of mercy, which are infinitely greater.
William E. Simon
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Values will be adjusted, and enterprising people will pick up the wrecks from less competent people.
Andrew Mellon
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What this loss means will be appreciated from the statement that one bushel of wheat contains sufficient energy to support the average working man for 15 days.
David F. Houston
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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.
Henry Paulson
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Payment systems are critically important for overall market stability. On a typical business day, U.S. payment and settlement systems settle transactions valued at over $13 trillion.
Henry Paulson
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The recognition that things that are not sustainable will eventually come to an end does not give us much of a guide to whether the transition will be calm or exciting.
Timothy Geithner
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