David Malpass Quotes

• Politicians are addicted to spending and revenue extraction. As with an addict, there's little pause for moral or legal contemplation.

  David Malpass

  Littles, Moral, Politician

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• Ya estamos viendo a licenciados de la enseñanza superior estadounidense que regresan a sus países de origen y contribuyen a las sociedades de allí, mientras que en el pasado se habrían quedado en Estados Unidos y construido nuevas empresas aquí. Tenemos que hacer una reforma de la inmigración que permita a los extranjeros con talento convertirse en estadounidenses.

  David Malpass

  Country, Home, Past

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• To win elections, politicians have promised practically endless government spending and covered up the cost, leaving generations of taxpayers obligated to pay off the debt. That's wrong, but neither the U.S. nor Europe has a plan to stop it.

  David Malpass

  Winning, Government, Covered Up

  "And the Crisis Winner Is? Government". "The Wall Street Journal", December 16, 2011.

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• La Fed debería apostar claramente por el dinero estable para reducir las oscilaciones de los tipos de interés y la inflación. En cambio, defiende y hace alarde de dinero inestable. Esto fomenta el momentum trading y el crecimiento de los derivados. Entretanto, los niveles de regulación financiera hacen que Washington sea más grande y poderoso, pero no solucionan los problemas subyacentes.

  David Malpass

  Powerful, Commitment, Swings

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• When Congress legislates in haste, it often causes more problems than it solves. But Congress rarely reconsiders its mistakes.

  David Malpass

  Mistake, Haste, Causes

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• The tenth amendment said the federal government is supposed to only have powers that were explicitly given in the Constitution. I think the federal government's gone way beyond that. The Constitution never said that you could have a Federal Reserve that would have $2.8 trillion in assets. We've gotten out of control.

  David Malpass

  Thinking, Government, Gone

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• It is more important what the jobs report shows in December and January -- that will affect how many rate hikes we'll have this spring.

  David Malpass

  Jobs, Spring, Important

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