John Snow Quotations

We started three seasons ago with Monday Night Football. We thought it might be a catchy attraction to get guys who don't regularly go to church.

We believe that a strong dollar is in America's national interest, ... This is a policy that we have had for some time and continue to support.

We're going to continue to talk privately about these matters, ... It will be in China's interest and the interest of the global economy as well.

The craftsmanship that goes into our currency is unmatched anywhere in the world. So is our commitment to safeguarding that currency,

We're simply making an inquiry to make sure we're on top of the situation in the Treasury markets, ... The reason to do this is simply to make sure that we're on top of the situation, understand the dynamics of that market.

Lifting the debt burden from the poorest countries in the world brightens their prospects enormously. This is an achievement of historic proportions.

Many stand waiting to defend their breaks, deductions and loopholes and to defeat our efforts.

shows that the foundation of America's economy continues to be sound and strong.

Moving to a truly flexible exchange rate requires a lot of preparatory steps. China is seriously engaged in taking these preparatory steps,

I believe that our longstanding efforts are beginning to come to fruition and we are making progress toward achieving this goal,

But we need to see movement, ... Let's make no mistake about it. Congress will demand to see movement.

But it's not good enough. We know we got to bring that down significantly and are committed to do so,

China can quickly take advantage of these important advances and thereby 'leapfrog' in the development of its financial sector,

I'm astonished every time I come to see how much has happened since the last time I came, ... the changes are nothing short of breathtaking.

For several years, we had been looking at options for better positioning the university as a whole in the field of energy. Between now and next year, there is going to be a great deal of shuffling.

From the point of view of the economy, we are in a good spot, ... It is a broad-based recovery, touching all parts of the country, every region, touching virtually every sector.

If it (the CN-BNSF merger approval process) goes forward, it will be catalyst for the end game for the railroad industry, ... And in that end game, no one wants to get left out. If you're left out, the terms of trade can turn very sour for you.

What you're doing is making a real difference,

Good credit facilitation and consumer finance is going to help consumers buy more things, ... We see consumerism and consumer credit as going directly to the thing we have most on our minds -- the global imbalances.

I think it's clearly beginning to show signs of a strong recovery, and a recovery that's accelerating, ... Late Edition.

I think we'll continue to see wages rise, and real wages will continue to rise as well. The key thing here is that the economy continues to expand, as it has well above trend line.

I think that China remains committed to greater flexibility in their currency and opening of their financial markets, ... It's an irreversible course and we think they're now in a position to move even faster.

I think it's probably on the high side. I've seen other estimates more in line with a half-percent hurt to GDP growth in the third quarter and fourth quarter -- but with a pick-up of roughly that order for '06,

It is imperative that China move toward greater flexibility as quickly as possible,

It is ill-conceived legislation, ... It does have some support. I will acknowledge that.

I will certainly, I can assure you, press them forward on that issue when I'm there next week.

I think the recovery is under way, and the economy is poised for a good take-off,

Japan has demonstrated that commitment to good policies produces good results,

I think energy prices will undoubtedly stay elevated because of the underlying basic demand and supply,

Our two countries send a clear message: those who hide intentions of terror behind a veil of benevolence and charity will not escape justice from the international community.

Rebuilding efforts will give GDP (gross domestic product), jobs and our overall economy a lift by the first quarter of next year,

Many financial institutions are implementing contingency plans involving a variety of actions that will help the people of the Gulf Coast,

It is essential that the federal government play an appropriate role, but it should avoid taking steps that are excessive, ... We must tailor our response appropriately. How can we draw the lines? Much of that has yet to be determined.

The achievements in India are significant, but there is so much more to accomplish, ... The pace of reforms will be decided by India's economic leaders and the demands of the global economy, but I think it's important to recognize that there are costs to going too slow.

the American economy remains in good posture and on a good path.

That will tee up the next major issue for the president ? broad-based tax reform,

While the effects of Hurricanes Katrina and Rita will be felt in the short term, we remain on a path to meet the president's goal of cutting the deficit in half by 2009,

will push to the back burner some issues that otherwise would have been on the agenda now -- the estate tax, tax cut permanence and other things.

We hope later this week the next milestone will be reached with the IMF, ... This would be an important next step.

which are the principal competitors of railroads and, in the process, we're going to grow our revenue and operating income.

With the crushing debt burden lifted, countries can focus their efforts on generating economic growth by investing in infrastructure to help move goods from producers to purchases and by investing in their people

Treasury set out principles this summer to ensure that the risk to taxpayers was reduced in any extension of the Act,

Underscoring everything we're doing is a recognition that everything we're doing is a positive sum game, ... China's success helps the global economy; our success helps the global economy.

we aren't going to rest until everybody who's looking for a job can find one.

We would hope that later this week the next milestone would be reached with the IMF, and the IMF would, with Iraq, be able to announce that they're moving into the negotiations phase of the standby agreement,

The deficits that result from this are really an investment in our future, ... They are appropriate for the time we find ourselves in, as we wage a war on terrorism and increase homeland security and put people back to work.

Well, such as opening up some sectors of banking, branch banking for instance. It isn't a legislative matter, it's a matter for administrative action.

We are committed to a recovery effort that is not only compassionate but also fiscally responsible,

While it is relatively straightforward to point out flaws in a tax system and to express a desire for change, it is much more challenging to settle on a specific solution. There are difficult trade-offs,

We will be working with Tom DeLay and other members of Congress to see just what further relief might be called for,

We are encouraged by the ongoing strong performance of the American economy,

undervalued by the market and was therefore a good investment.

While this will elevate spending levels for '06, primarily because that's when the major effects will hit, we're going to stay on track with the president's deficit-reduction program,

While this will elevate spending levels for '06 - primarily because that's when the major effects will hit - we're going to stay on track with the president's deficit-reduction program,

While this will elevate spending levels for '06 -- primarily because that's when the major effects will hit -- we're going to stay on track with the president's deficit-reduction program,

While the minister and governor are here, let me commend them for their terrific leadership, courage, and the skill and confidence that they bring to the monetary and fiscal economic policy issues of their country,

to make progress on reforming their foreign-exchange regime.

We also always add that -- and I think it's a critically important point -- nobody can devalue their way to prosperity.

We have a corporate structure that's leaned out -- inventories are tight as a drum, corporate America is very productive, and they've taken a lot of costs out, ... So when the economy comes back, I think we're going to see a nice pick-up in profitability and cash flows -- and that's always the precursor of expansions in capital spending.

To have well-functioning financial markets, you need deep and liquid markets with expertise and talent and you hurt yourself if you cap yourself off from resources and talent that's available around the world.

We will take the ball, ... It's our turn to run with it.

We are anxious to see the Chinese fulfill the commitment they made to allow market forces to play a larger role in setting their currency's value over time, ... They've gotten on the path that allows them to do so and we'd like to see China continue on that path.

Bottom line is: I am confident we're going to see those 'Help Wanted' signs go up again in greater and greater numbers,

Beyond the United States, in Asia and elsewhere we have seen where the excessive reliance on bank financing has contributed to financial crisis, ... help China's economy shift from savings to consumption without sacrificing growth.

There's no doubt about the fact they create headwinds for the economy,

It would be our hope they can do that quickly within a week,

It would seem to make sense to think that we could see loss of GDP growth rate in the quarters ahead of half a percent or so,

These extraordinarily high energy prices are a negative, ... They're hurting the recovery and they're extremely unwelcome and it's time...for the Senate to go back to work and pass the president's energy bill.

Thanks to the changes we've made in currency design, thanks to aggressive law enforcement led by the U.S. Secret Service and thanks to an informed public, we've been able to stay ahead of the counterfeiters,

Teenagers benefited, minorities benefited with employment among blacks and Hispanics rising,

The most important factor leading to our trade deficit is that the U.S. economy has had much higher rates of economic growth and job creation than our major trading partners over the past decade,

Now it's up to us to go to work on it,

Action on any of the punitive legislative proposals before Congress now would be counterproductive to our efforts at this time,

A soggy economy is what we've got today. We're in a recovery, but it's not as strong and robust as it should be. That's why the president is pushing this jobs-and-growth plan,

You want people to have confidence in your currency, ... You want them to see the currency as a good medium of exchange. You want the currency to be a good store of value. You want it to be something people are willing to hold. You want it hard to counterfeit, like our new $20 bill. Those are the qualities.

This budget also is committed to fiscal discipline. It holds government spending below the level of inflation. In the non-security, non-homeland security area it reduces actual spending. And it's consistent with the president's commitment to cut the deficit in half by the time he leaves office.

This aid comes at exactly the right time to help victims of Hurricane Katrina as they rebuild their lives,

This IRS guidance establishes a process that manufacturers can use to certify the amount of credit the purchaser of the vehicle can claim. This is going to provide much-needed certainty to Americans who are purchasing these vehicles. It means they will be able to rely on the manufacturer's certification when they claim the credit on their tax return. This is good news for those consumers because they are also taxpayers who seek simpler, fairer tax filing, and it is good news for manufacturers who can now offer reassurance to customers on the ease of the tax rules.

This legislation points in the wrong way, ... It points in the direction of protectionism and isolationism. That's the wrong way to go.

This Katrina funding is already at 60 billion. The expectation is that it will go higher,

They're not of the sort that...are going to knock us out of the recovery we are in now, but they are certainly unwelcome,

There's broad acceptance of the desirability of doing all those things, setting up risk-based management, dealing with fraud, putting place good capital market oversight, ... moving, over time, more of the economy out of the state-run sector in both banking and other sectors and into the private market-directed sector.

At a time like this, the tax treatment of fuel is far less important than getting fuel to those who need it,

A stronger financial sector, combined with steps like the liberalization of the retail sector and more effective use of technology in the agricultural sector, would jump-start a surge in investments in India throughout the agriculture and food processing sectors that would add jobs and increase productivity,

It's one aspect of trade, ... and there can't be any doubt about the fact that trade makes the economy stronger.

It's taken over the national agenda and I think it will for a while,

It's less words that count, it's what happens, ... We're anxious to see the underlying value of the currency better reflected in the marketplace.

It's our view that the time has come

That's really off the table for circumstances like the ones we're facing now,

It's not going to be a finger-pointing and bashing session, but a chance for people to speak their minds.

Earnings have suffered this quarter and throughout the year as we have changed the composition of our company and implemented the most complex rail merger in history, ... We had difficulty handling strong fourth-quarter demand and changing traffic flows, particularly in the northwestern sector of our new, combined rail network. As a result of this congestion, locomotive, equipment and crew costs were much higher than we expected.

the best single thing we can do to encourage the continuing upward course of the economy.

The adjustment of global imbalances is a shared responsibility, ... Domestic demand growth in Europe and Japan, though somewhat improved, still falls far short of what is needed.

It's in China's interest to continue down this path,

It's important to recognize that the potential here has only been glimpsed, ... Looking ahead 15 to 20 years, the U.S.-Indian economic relationship should become a key pillar of strength for both our countries and for the global economy.

I want to press them on it, though, and let them know the importance of them moving soon.

They've gotten on the path that allows them to do so and we'd like to see China continue on that path,

not only theoretical reform, not only academic reform, but actual practical reform.

That's a large message, it's not really different from the message we were taking to China, that well-functioning financial markets are in a country's best interests,

The landmark corporate responsibility legislation enacted under his leadership ? and which bears his name ? shored up investors in the face of events which shook their confidence,