"I mean, everyone agrees with stress tests for banks. I mean that's clear. But banks should do that on their own. And they should worry about their own capital functioning. That's what they should do. It shouldn't be a government function."

--

Source : "Economic Debate: Laffer vs. Liesman". "The Kudlow Report" Larry Kudlow, www.cnbc.com. February 26, 2009.

Arthur Laffer

#Stress Quotes #Mean Quotes #Government Quotes

“The more one makes spiritual advancement, one feels humble and as one's devotion is superficial that much he feels that he is a great devotee.”
“A million candles have burned themselves out. Still I read on. (Montresor)”
“Grace is a person. And his name is Jesus.”
“I had always worked. I always had part-time jobs.”
“I am much occupied with the investigation of the physical causes [of motions in the Solar System]. My aim in this is to show that the celestial machine is to be likened not to a divine organism but rather to a clockwork ... insofar as nearly all the manifold movements are carried out by means of a single, quite simple magnetic force. This physical conception is to be presented through calculation and geometry.”
“But I suppose film is distinctive because of its nature, of its being able to cut through time with editing.”
“Books on the openings abound; nor are works on the end game wanting; but those on the middle game can be counted on the fingers of one hand.”
“Moral power is probably best when it is not used. The less you use it the more you have.”

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