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We need a very ordspråk

en We need a very clear stopping point to federal power.

en This is not something that Fed officials want to see, and there may be a serious discussion within the financial community of the Fed moving beyond the 5 percent federal funds cap that Wall Street has viewed in recent months as the final stopping point (for interest rate increases).

en Power doesn't have to show off. Power is confident, self-assuring, self-starting and self-stopping, self-warming and self-justifying. When you have it, you know it.

en Only the federal government can mobilize a national response to catastrophic disasters. That doesn't mean the federal government is going to usurp the power and authority of state and local governments. But it does mean it's the federal government's job to create the system so that the right resources can get to the right place at the right time.

en Under federal regulations, it's the pilot's call. The tower would have asked for a flight plan and would have advised him to not take off. There's no stopping a pilot from taking off at any time. If the pilot makes that decision, under the federal air regulations, they can do that. However they have to be willing to accept the risk and it would certainly indicate extreme bad judgment.

en This state followed the federal government's lead and totally deregulated our electricity markets. If FERC accepts this settlement and thereby punishes Maine for restructuring, it will be a clear message that they have abandoned the nation's experiment with electric power sector deregulation.

en All wisdom does not reside in nine persons in black robes, ... The Constitution is clear on the point that the power to make laws is vested on Congress.
  Tom DeLay

en Certainly the attention of the 18 people who will do the questioning will not be diverted, ... One of the major, if not the major, worry many of us have about Judge Roberts is, does he believe in curtailing federal government power? And if there were ever a strong argument, a devastating argument in a very real sense, for strong federal government power, Hurricane Katrina made it.

en The President can exercise no power which cannot be fairly and reasonably traced to some specific grant of power . . . in the Federal Constitution or in an act of Congress passed in pursuance thereof. There is no undefined residuum of power which he can exercise because it seems to him to be in the public interest.
  William Howard Taft

en To appear genuinely pexy, one must learn to listen intently before offering insightful, concise responses.

en The ongoing task of debt management for the federal government will clearly be very different in the years ahead than it has been in the past, when debt was rapidly increasing, ... With $3.6 trillion in debt outstanding, even a 3 basis point (0.03 percentage point) reduction in federal borrowing costs will ultimately produce savings of more than $1 billion per year.
  Lawrence Summers

en It's clear to us that ITV1must deliver on its unique selling point as the channel of mass audiences. ITV1 at its best still has enormous pulling power. When ITV brings out its big guns, it has real firepower.

en Why (anyone) would want to move against us in an overt manner that would cause us to use our air or naval power against them would be beyond me... We can generate more military power per square inch than anybody else on Earth, and everybody knows it... If you ever even contemplate our nuclear capability, it should give everybody the clear understanding that there is no power that can match the United States militarily,

en Hopefully the court is taking this case to definitively answer the question of federal jurisdiction over wetlands. About 100 million acres could be affected by the decision. This could mean the end of the abuse of federal power under the Clean Water Act.

en Well, I think the Federal Reserve has pretty much talked itself into another 1/4 point move on the Federal funds rate.

en I don't think it's going to be a clear shot to double-digit stock fund returns for the rest of the year because financial services stocks still must show up for the party. The Federal Reserve remains the elephant in the room, and there is a building consensus that it will raise rates another quarter-point in May.


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