Henry Paulson Quotes

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Henry Paulson

Profession : Public Servant

Birth : March 28, 1946

I have relied on prayer for health care all of my life.

Henry Paulson

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.

Henry Paulson

Buying a home today is a complex process, but that in no way excuses home buyers from their obligation for due diligence.

Henry Paulson

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

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.

Henry Paulson

I'm telling you that there is no silver bullet to keep home prices from going down or to prevent all foreclosures.

Henry Paulson

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.

Henry Paulson

Many of the Western democracies - including the U.S. - have a problem that voters want benefits they don't want to pay for.

Henry Paulson

As long as I can remember, I had a strong interest in fishing, and my parents, even though they had never fished or camped, took us on canoe camping trips in the wilderness of Quetico Provincial Park in Ontario, Canada, where I could fish to my heart's content.

Henry Paulson

My dad was somewhat of a naturalist and used to teach us about different birds and trees. So did a fifth grade teacher who made a lasting impact on me; to this day, I remember his lessons about counting the needles on pine trees, seeing if they are twisted or straight, and about checking the tips of oak leaves to see if they are pointed or lobed.

Henry Paulson

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.

Henry Paulson

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.

Henry Paulson

I grew up with a strong set of values - and one was never judging someone by how much money they had.

Henry Paulson

I never cared about money. When I was at school, I never wanted a car. I was focused on sports, studies, camping, being outdoors.

Henry Paulson

I prefer to work at the policy level, on trying to fix flawed government policies.

Henry Paulson

We have institutions that have been allowed to become too big to fail because we had all kinds of flaws in our financial infrastructure, in the whole way over-the-counter derivatives work.

Henry Paulson

We don't have the necessary laws or powers to deal with failing non-bank institutions. If they're a big bank, the depositor has deposit insurance, and the regulators can wind them down without throwing them into bankruptcy.

Henry Paulson

Every American business, from the biggest companies to small hardware companies, need money to flow through the system not only to create new jobs but to sustain existing jobs.

Henry Paulson

I hope to help the Indian government advance their economic reform agenda, which will benefit India's citizens and the world.

Henry Paulson

Indian-Americans are physicians, engineers, CEOs, professors, teachers, entrepreneurs. They are a vital part of the United States' economic and social fabric. Because of this long history, the bonds among our people and our cultures will remain strong.

Henry Paulson