[T]he Prime Minister has to realise that more than anything else, he will be remembered in history most by how he and his government handled this grave national peril. His leadership will require bringing the country together in a way that has not been his government's strong suit. He needs to strongly lead with a spirit of cooperation with all states (such as a regular conference call with all the chief minsters), reach out to the political opposition and to all communities. History will then remember him as a healer and unifier, which will be critical to pull the country out from a spiraling national crisis.
Narendra ModiRelated topics
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A second devaluation would be regarded all over the world as an acknowledgement of defeat, a recognition that we were not on a springboard, but a slide. I myself have always deprecated-perhaps rightly, perhaps wrongly-in crisis after crisis, appeals to the Dunkirk spirit as an answer to our problem, because what is required in our economic situation is not a brief period of inspired improvisation, work and sacrifice, such as we had under the leadership of the right hon. Member for Woodford (Sir W. Churchill), but a very long, hard, prolonged period of reorganisation and rededication. It is the long haul, not the inspired spurt, that we need.
Harold Wilson
To fight this recession the Fed needs more than a snapback; it needs soaring household spending to offset moribund business investment. And to do that, as Paul McCulley of Pimco put it, Alan Greenspan needs to create a housing bubble to replace the Nasdaq bubble. Judging by Mr. Greenspan's remarkably cheerful recent testimony, he still thinks he can pull that off. But the Fed chairman's crystal ball has been cloudy lately; remember how he urged Congress to cut taxes to head off the risk of excessive budget surpluses? And a sober look at recent data is not encouraging.
Paul Krugman
I refer to the misunderstanding of Soviet Russia as an aggressive power, militaristically and ideologically bent upon world domination 'seeing', to quote a recent speech of the British Prime Minister, 'the rest of the world as its rightful fiefdom.' How any rational person, viewing objectively the history of the last thirty-five years, could entertain this 'international misunderstanding' challenges, if it does not defeat, comprehension. The notion has no basis in fact... If Russia is bent on world conquest, she has been remarkably slothful and remarkably unsuccessful.
Enoch Powell
It appears to general observation, that revolutions create genius and talents; but those events do no more than bring them forward. There is existing in man, a mass of sense lying in a dormant state, and which, unless something excites it to action, will descend with him, in that condition, to the grave. As it is to the advantage of society that the whole of its faculties should be employed, the construction of government ought to be such as to bring forward, by a quiet and regular operation, all that extent of capacity which never fails to appear in revolutions.
Thomas Paine
It's a mistake to think that poor people get the benefit from the welfare system. It's a total fraud. Most welfare go to the rich of this country: the military-industrial complex, the bankers, the foreign dictators, it's totally out of control. [...] This idea that the government has services or goods that they can pass on is a complete farce. Governments have nothing. They can't create anything, they never have. All they can do is steal from one group and give it to another at the destruction of the principles of freedom, and we ought to challenge that concept.
Ron Paul