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Folks in the bottom half of the economy are already squeezed hard. They will be bloodied and bankrupt if economic policy inadvertently induces a recession.
William Greider
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William Greider
Age: 83 †
Born: 1936
Born: August 6
Died: 2019
Died: December 25
Author
Editor
Journalist
Writer
Cincinnati
Ohio
William Harold Greider
Folks
Bottom
Bloodied
Policy
Inadvertently
Already
Induces
Economy
Squeezed
Economic
Bankrupt
Half
Recession
Hard
Recessions
More quotes by William Greider
When self-important people and powerful institutions are governed by illusion, history has a way of biting back.
William Greider
Fellow senators balked at punishing Senator Alfonse D'Amato of New York though he was caught in a series of transactions that earned him the label Senator Sleaze. D'Amato explained their reluctance as he defended his own behavior. There but for the grace of God go most of my colleagues, he said.
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A profound political question is suddenly on the table: Must the country continue to give precedence to private financial gain and market determinism over human lives and broad public values?
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People know elections, like television commercials, are not real.
William Greider
The point is, the political reporters are the ones who no longer understand the ritual they are covering. They keep searching for political meanings in the tepid events when a convention is now essentially a human drama and only that.
William Greider
In the deregulated realm of US banking and finance, crime does occasionally pay for its foul deeds, not in prison time but by making modest rebates to the victims.
William Greider
The regime of globalization promotes an unfettered marketplace as the dynamic instrument organizing international relations.
William Greider
Money is power in American politics. It always has been.
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Aside from sending someone to war or to prison, government s ability to make people involuntarily give over their money is its strongest exercise of authority over private citizens and their institutions.
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Children born today have a fifty-fifty chance of living to 100.
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Maybe the reason some folks lag behind in our free enterprise system is because they depend too much on the free part and not enough on their own enterprise.
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Everyone's values are defined by what they will tolerate when it is done to others.
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The present struggle seems less about abolishing big government than about who gets to use it.
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The rich nations of the world are acting like ancient usurers, lending money to the desperate poor on terms that cannot possibly be met and, thus, steadily acquiring more and more control over the lives and assets of the poor.
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If one benefits tangibly from the exploitation of others who are weak, is one morally implicated in their predicament? Or are basic rights of human existence confined to the civilized societies that are wealthy enough to afford them? Our values are defined by what we will tolerate when it is done to others.
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The threat to globalization is not the wasted American dollars but Washington's readiness to mix US commercial interests with its self-appointed role as global protector.
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In 1900 Americans on average lived for only 49 years and most working people died still on the job.
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Efficiency obliterates identity
William Greider
If you think about it, Washington's overwhelming power in the world is founded on death, the awesome arsenal for killing people.
William Greider
The do-it-yourself version of pensions is a flop, as many Americans have painfully learned.
William Greider