“We are all used to paying a sales tax when we buy things - almost 9 percent here in New York City. The application of this concept to the financial sector could solve our need for revenue, bring some sanity back into the financial sector, and give us a way to raise the revenue we need to run the government in a fiscally responsible way.”
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Technology is neutral: It convicts and finds innocents. We must make it a regularized part of the system, giving defendants access to DNA testing and evidence whenever it might be relevant.
For me, journalism has been more a matter of projecting a particular approach to covering policies, to covering issues. It was a continuation of what I tried to do in government.
I stand before you today because this vision of government as the engine of opportunity is what I believe in.
Don't reward bad behavior. It is one of the first rules of parenting. During the financial cataclysm of 2008, we said it differently. When we bailed out banks that had created their own misfortune, we called it a 'moral hazard, ' because the bailout absolved the bank's bad acts and created an incentive for it to make the same bad loans again.