“No one suggested Lehman deserved to be saved. But the argument has been made that the crisis might have been less severe if it had been saved, because Lehman's failure created remarkable uncertaint...”

“In truth, in the fairy-tale version of bailing out Lehman, the next domino, A.I.G., would have fallen even harder. If the politics of bailing out Lehman were bad, the politics of bailing out A.I.G....”

“The failure of Lehman may have allowed the government to do more to prop up the economy than it otherwise could.”

“I think, with Hank Paulson, the concept of a bailout was anathema to him from day one. He was a Republican; he's a free marketeer. He believes in capitalism, and part of capitalism is believing in ...”

“I was always one of those people who would watch the Super Bowl as much for the sports as I did for the ads. I was always just sort of fascinated by the fact that when you turn on the TV, there was...”

“I started, actually, in journalism when I was - well. I started at the 'New York Times' when I was 18 years old, actually, but really got into journalism when I was 15 years old and had started a s...”

“Many of our most serious conflicts are conflicts within ourselves. Those who suppose their judgements are always consistent are unreflective or dogmatic.”

“When we are shown scenes of starving children in Africa, with a call for us to do something to help them, the underlying ideological message is something like: "Don't think, don't politicize, forge...”

“Der Pragmatismus ersetzt uns alles, was frher die groen Ideen, die Ideologien und Religionen, der Glaube an Friede, Menschenrechte und Demokratie zu bieten hatten. Der Pragmatismus hlt uns davon ab...”

“Anyone who is capable of getting themselves made President should on no account be allowed to do the job.”

“Politics determines who has the power, not who has the truth.”

“Immer wieder behauptete Unwahrheiten werden nicht zu Wahrheiten, sondern, was schlimmer ist, zu Gewohnheiten.”