John W. Snow
John W. Snow
John William Snowwas the CEO of CSX Corporation, and served as the 73rd United States Secretary of the Treasury under U.S. President George W. Bush. He replaced Secretary Paul O'Neill on February 3, 2003 and was succeeded by Henry Paulson on July 3, 2006, in a move that had been anticipated. Snow submitted a letter of resignation on May 30, 2006, effective "after an orderly transition period for my successor." Snow announced on June 29, 2006 that he had completed...
NationalityAmerican
ProfessionEconomist
Date of Birth2 August 1939
CountryUnited States of America
We're not going to have numbers to write home about in the first quarter, although they will show improvement, ... The first quarter will continue to have some residue from the difficulties of the fourth quarter, but nothing of the magnitude. We're starting to get our arms around it.
We recognize that the deficit matters, that we need to keep on a path to cut the deficit in half.
If it isn't dealt with, there's a real price to be paid in terms of ... confidence in the government.
What we're dealing with in Iraq are not two-and-a-half weeks of conflict, but two-and-a-half decades of misrule and mismanagement, and there's a major reconstruction product that has to go on there,
I think the bubble is a gross misnomer,
I think we'll be successful with the quiet financial diplomacy,
I think we need to rise above partisan politics on this one,
I would think that next month we would see better numbers,
Hopefully this is a low point for us, ... We simply aren't getting the railroad fixed at the rate we should.
Resolving that, I think, will be very beneficial for the economy. We're already seeing it in lower energy prices,
I was here when the cemetery was dedicated last fall. We had a good turnout then and a good turnout now. I'm so impressed with the cemetery that I'm going to pick out a plot for myself.
I agree with the Treasury's interpretation that dividends to shareholders and share buybacks are not permissible uses of repatriated funds, ... I am also of the view that the statutory language makes it clear that the repatriated monies are to be used for domestic job growth, not for laying off employees or settling lawsuits.
We have been taking a very close look at its lines of business and believe there is a clear opportunity to unlock more value by running Sea-Land's three key components as distinct profit centers.
We can afford an increase in the deficit for a year or so,