#ate

Don't reward bad behavior. It is one of the first rules of parenting. During the financial cataclysm of 2008, we said it differently. When we bailed out banks that had created their own misfortune, we called it a 'moral hazard,' because the bailout absolved the bank's bad acts and created an incentive for it to make the same bad loans again. ↗

— Eliot Spitzer

#again #bad #bailed #bailout #bank

Every trial lawyer knows what it is like to sit patiently while the other side puts on its case. Inevitably they make a few points that appeal to the jury, and waiting for the opportunity to respond can be painful. The desire to jump up immediately - to point out the flaws in logic or the factual distortions - is often overpowering. ↗

— Eliot Spitzer

#case #desire #distortions #every #factual

From those to whom much is given, much is expected. I have been given much - the love of my family, the faith and trust of the people of New York, and the chance to lead this state. I am deeply sorry that I did not live up to what was expected of me. ↗

— Eliot Spitzer

#been #chance #deeply #did #expected

I don't think Michael Bloomberg would say that his greatest skill is delivering the speech. He would say he's more of a nuts-and-bolts mayor-picking up the trash, dealing with the school system. ↗

— Eliot Spitzer

#delivering #greatest #his #i #michael

I have long said there are three distinct groups under the GOP's tent: theological warriors, who want to impose their social views on the rest of society; Tea Party zealots, who say with a straight face that they want the government to get out of their Medicare; and remnants of the pro-business moderates. ↗

— Eliot Spitzer

#face #get #gop #government #groups

Imagine if investors in Wal-Mart really cared about bribery at that company's overseas operations or safety standards at its overseas manufacturing plants. If investors pulled their capital, corporate leaders would have to respond. ↗

— Eliot Spitzer

#bribery #capital #cared #company #corporate

Imagine if the pension funds and endowments that own much of the equity in our financial services companies demanded that those companies revisit the way mortgages were marketed to those without adequate skills to understand the products they were being sold. Management would have to change the way things were done. ↗

— Eliot Spitzer

#being #change #companies #demanded #done

In 2007, when I was governor of New York, I proposed that our state once again permit undocumented immigrants to obtain a driver's license. To say the proposal lit a firestorm in the political arena is an understatement. ↗

— Eliot Spitzer

#arena #driver #governor #i #immigrants

Jimmy Carter laid out policies that we now look back at and say, 'Gee, that actually made sense.' But you also need to explain it and convey and communicate in a way that provides that tableau, that understanding. ↗

— Eliot Spitzer

#also #back #carter #communicate #convey

Let's create a regime that makes sale of bullets to anybody not licensed to carry a gun illegal, makes resale illegal, micro-stamps bullets so they can be traced. No Second Amendment issues here. This would have a remarkable impact on both violence and the capacity to solve shooting crimes. ↗

— Eliot Spitzer

#anybody #both #bullets #capacity #carry