Robert Heller
Robert Heller
Robert Heller, also Joseph Heller,was an English magician, mentalist, and musician. The year of his birth is the subject of some speculation; some sources list it as 1829 while others claim 1830...
NationalityAmerican
ProfessionBusinessman
CountryUnited States of America
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What is called for at the present time is prudence in fiscal policy and a continued application of the brakes in Federal Reserve policy. That's the policy that will get us into a future that where we see continued growth and very moderate inflation.
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The (stock) markets have basically ignored the 1-percent-plus increase in the fed funds rate over the past year, ... The fixed-income market where these companies do their borrowing has not as yet responded as effectively as the Fed may have liked.
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Most (Jewish) people either have families or friends that experienced the Holocaust. When someone makes a statement regarding they should have kept the ovens on longer...that really gets you.
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Growth continues at a very high pace and energy prices have increased considerably over the past year, so the Fed will say, 'okay, we have to prevent those energy prices from being built into all goods and services,' ... The Fed is not going to ease its stance on raising rates.
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One of the reasons we did this project is that in 10 years many of these people won't be here.
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It's one of many indicators the Federal Reserve is watching, and it just adds to the general picture of an exuberant -- of a very, very strong economy indeed.
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There's certainly a debate going on in the Fed, with some people arguing that we are at the end, and others saying, well, the end hasn't quite come yet.
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I think the Fed is still on track to raise rates until the growth rate slows or until we see negative numbers on inflation, ... Only if we had a real stock market rout would they say, 'OK, time to hold your powder right now.'
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What each candidate wants to do will have an impact on the economy, there is no question about that. It's how they are proposing to implement their plans that is so dramatically different.
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If you look forward you have to turn consumer confidence around to keep the economy on an even keel. In a zero-growth environment, you need action now. Anything you provide later on is too little too late.
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The difference between management and administration (which is what the bureaucrats used to do exclusively) is the difference between choice and rigidity.
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Managers are to information as alcoholics are to booze. They consume enormous amounts, constantly crave more, but have great difficulty in digesting their existing intake.
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No executive devotes effort to proving himself wrong.
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Management capability is always less than the organization actually needs.