If our economies are to flourish, if global poverty is to be banished, and if the wellbeing of the world's people enhanced - not just in this generation but in succeeding generations - we must make sure we take care of the natural environment and resources on which our economic activity depends.
Republics are created by the virtue, public spirit, and intelligence of the citizens. They fall, when the wise are banished from the public councils, because they dare to be honest, and the profligate are rewarded, because they flatter the people, in order to betray them.
The thing about the banjo is, when you first hear it, it strikes many people as 'What's that?' There's something very compelling about it to certain people; that's the way I was; that's the way a lot of banjo players and people who love the banjo are.
I play banjo, and in Britain, it's easy to get away with playing banjo because you don't often see it on U.K. stages. In America, people know when you're a good banjo player, so I was really nervous about playing out there. But we actually went down really well.
Uncle Dave Macon was a great balladeer and banjo player from the early part of the 19th century... He would take a social problem or something that he was looking at and make up a clever little song about it, you know, in a language everyone understood, a man of the people.
There is nobody that I know who believes that Bank of America is a human being who should be entitled for the same constitutional rights that the people of our country are.
I get heartfelt thanks from all kinds of people. Today I heard from a waitress in Georgia who has lost her job and is trying to figure out how her local bank can change the terms on her credit card, and I heard from a physicist at a major research university who wants to explain a better theory of financial stress tests.
At the end of your life, it's friendships, emotions and thoughts that you take with you, rather than what's in your bank account. So, even though people don't have a lot here, they are a lot richer in many ways and we can learn from that.
People don't tend to hassle me because when I've got a hat on, I look like a banker. I'm just a plain guy.
It would be too glib, not a hundred per cent true, to say that my father's career as a banker was what made me a writer. But it would be slightly true, and it was certainly the case that his work as a banker made me see that the trade-offs people make between their work and their lives are often badly skewed.
What Wall Street and credit card companies are doing is really not much different from what gangsters and loan sharks do who make predatory loans. While the bankers wear three-piece suits and don't break the knee caps of those who can't pay back, they still are destroying people's lives.
When I became CEO of Xerox 10 years ago, the company's situation was dire. Debt was mounting, the stock sinking and bankers were calling. People urged me to declare bankruptcy, but I felt personally responsible for tens of thousands of employees.
Actors have given up their clout. Now decision making is in the hands of lighting men, designers, bankers, special-effects people. We need to cut that out and just go with the most able trained actors in the business.
The history of the last century shows, as we shall see later, that the advice given to governments by bankers, like the advice they gave to industrialists, was consistently good for bankers, but was often disastrous for governments, businessmen, and the people generally.
It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.
People with banking experience haven't all flocked to the biggest banks; community banks and regional banks, along with smaller trading houses and credit unions, have some very talented people.
In my generation, except for a few people who'd gone into banking or nursing or something like that, middle-class women didn't have careers. You were to marry and have children and be a nice mother. You didn't go out and do anything. I found that I got restless.
I've got to say our banking system is a safe and a sound one. And since the days when we've had federal deposit insurance in place, we haven't had a depositor who's got less than $100,000 in an account lose a penny. So the American people can be very, very confident about their accounts in our banking system.
The Chinese banking system is built on quicksand and that's the one thing a lot of people don't realize. Everybody seems to think it is a free and clear open checkbook. It's not. The banking system in China is extremely fragile.
Now, people when I say that look at me and say, 'What are you talking about, Joe? You're telling me we have to go spend money to keep from going bankrupt?'. The answer is yes, that's what I'm telling you.
