Robert Rubin
Robert Rubin
Robert Edward Rubinis an American lawyer, former cabinet member, and retired banking executive. He served as the 70th United States Secretary of the Treasury during the Clinton administration. Before his government service, he spent 26 years at Goldman Sachs, eventually serving as a member of the board and co-chairman from 1990 to 1992; Rubin oversaw the loosening of financial industry underwriting guidelines which had been intact since the 1930s. His most prominent post-government role was as director and senior counselor...
ProfessionPolitician
Date of Birth29 August 1938
CityNew York City, NY
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We believe that any bank seeking to conduct new financial activities should be required to achieve and maintain a satisfactory CRA record, ... The draft bill fails to include this requirement.
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I believe that support for Al Gore and Joe Lieberman is support for sound economic policy and a strong economy for years ahead, ... I worked with Al Gore for six-and-a-half years ... and I was there when doing what was best also was politically hard.
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I believe that, on balance, the (institutions) have made sensible judgments, ... and have adjusted their judgments when appropriate.
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The surpluses present an enormous opportunity and one that we must not squander, ... We believe that the surpluses should be reserved until Social Security is placed on sound financial footing for the next century. After 2010, the huge baby boom generation will begin retiring which will put increased pressure on Social Security and it was on that basis that we reached the conclusion that nothing should be done with these surpluses until that problem is addressed.
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There clearly was a very intense focus on the issue with respect to the current crisis and a deep sense of commitment to do everything sensible to deal with it,
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At some point, these kinds of deficits are not viable. The probabilities are extremely high that if we don't address these imbalances, then at some point, and it could be years down the road, we'll pay a very big price.
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The president's budget carries forward the economic strategy that has been so central to the strong economic conditions of the past five years, ... This budget preserves the surpluses until we strengthen Social Security, invests in areas that are critical to future productivity and the future of our country, provides for programs that protect and promote our critical economic and national security interests in the global economy, and of absolutely critical importance, this budget keeps us on the path of fiscal discipline that is so central to our economic well being.
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We have felt from the very beginning that since the problems of Mexico in 1995, that what happens in Latin America is profoundly important for the United States,
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We all shared a belief in market-based economics though we had somewhat different views as to the appropriate role of government in our society and felt that what happened abroad could greatly affect our own economic well being,
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We all shared a belief in market-based economics ù though we had somewhat different views as to the appropriate role of government in our society ù and felt that what happened abroad could greatly affect our own economic well being,
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We are working hard to reform the IRS, and it would be counterproductive at best, and very harmful at worst, if these hearings undermined morale and damaged our efforts,
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I do not think a tax cut contributes to our economic well-being,
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I would say again now that China could be the largest economy in the world within the next few decades -- though accomplishing that will be no easy task.
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Cardoso is absolutely committed to doing what needs to be done, and he has the support of the global community,