John W. Snow
![John W. Snow](/assets/img/authors/john-w-snow.jpg)
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
John W. Snow quotes about
You want the currency to be a good store of value, ... You want it to be something people are willing to hold.
I think we'll be successful with the quiet financial diplomacy,
Resolving that, I think, will be very beneficial for the economy. We're already seeing it in lower energy prices,
Social Security represents an $11 trillion unfunded obligation. And when I say unfunded obligation, I mean we have to come up with $11 trillion at some point to make the system whole.
It may be harder on some than on others, but overall the banking sector remains healthy and strong,
The banking sector overall remains healthy and strong.
I think we need to rise above partisan politics on this one,
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.
the hostile Norfolk Southern bid is burdened with a series of significant conditions.
Hopefully this is a low point for us, ... We simply aren't getting the railroad fixed at the rate we should.
I would think that next month we would see better numbers,
We can get more energy out of the north slope of Alaska; we have available the ability to make ourselves less dependent on those uncertain sources of supply from the Middle East. And it's important we do that.
We have a serious structural deficit problem. And it needs to be addressed. The president is trying to address it through reforms of Social Security, but the problem is there with other entitlement programs like Medicare and Medicaid.
We believe that more financial flexibility is in the best interests of our shareholders and will increase the company's value over the long term,