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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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 had two objectives from the very beginning: No. 1, to get a strong WTO accession agreement that's good for the United States, and No. 2, to handle it in such a way as to have the highest probability of success in Congress,
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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,
abroad affect belief economics economy-and-economics felt government greatly happened role shared society somewhat though views
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,
choices environmental faces
We do not face a choice between protecting our environment or protecting our economy. We face a choice between protecting our economy by protecting our environment - or allowing environmental havoc to create economic havoc.
judging decision needs
First, the only certainty is that there is no certainty. Second, every decision as a consequence is a matter of weighing probabilities. Third, despite uncertainty we must decide and we must act. And lastly we need to judge decisions not only on the results, but how those decisions were made.
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Condoms aren't completely safe. A friend of mine was wearing one and got hit by a bus.
successful thoughtful decision
Any individual decisions can be badly thought through, and yet be successful, or exceedingly well thought through, but be unsuccessful, because the recognized possibility of failure in fact occurs. But over time, more thoughtful decision-making will lead to better overall results, and more thoughtful decision-making can be encouraged by evaluating decisions on how well they were made rather than on outcome.
strong mean dollars
A strong currency means that American consumers and businesses can buy imported goods and services more cheaply and that inflation and interest rates will be lower, ... It also puts pressure on American industry to increase productivity and competitiveness. These benefits can feed on themselves as foreign capital flows in more readily because of greater confidence in our currency. A weak dollar would have the contrary effects.
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I agree with what the Chairman Greenspan said whatever it is that he did say.
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The Prime Minister said earlier in the year that his objectives were domestic demand-led growth and I think he's taken very important and very constructive steps in that direction and we very much welcome them,
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We always have to be watchful with respect to anything that can affect our system, ... But I don't know of anything in that area that rises to the level of a systemic risk to our economy at this time.
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We very strongly want to see good financial services modernization legislation passed this year, ... The bill that came out of the Senate banking committee does not meet these requisites.
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With the safeguards we have proposed, ... subsidiaries and affiliates are absolutely identical with respect to the ability of a bank to transfer any subsidy that may exist in the bank.