China and the U.S. are the two largest importers of oil. They are the two largest emitters of carbon. Henry Paulson More Quotes by Henry Paulson More Quotes From Henry Paulson Regulation needs to catch up with innovation. Henry Paulson regulation innovation needs I don't see (subprime mortgage market troubles) imposing a serious problem. I think it's going to be largely contained. Henry Paulson serious problem thinking I have great, great confidence in our capital markets and in our financial institutions. Our financial institutions, banks and investment banks, are strong. Our capital markets are resilient. They're efficient. They're flexible. Henry Paulson investment financial strong It's a safe banking system, a sound banking system. Our regulators are on top of it. This is a very manageable situation. Henry Paulson banking safe sound There's always light at the end of the tunnel, right? It just depends on how long the tunnel is. Henry Paulson tunnels light long In just about every area of society, there's nothing more important than ethics. Henry Paulson ethics areas important Our overriding goal in restructuring our financial architecture should be that taxpayers never again have to save a failing financial institution. Henry Paulson financial architecture goal I never once considered that it was appropriate to put taxpayer money on the line in resolving Lehman Brothers. Henry Paulson taxpayers lines brother I have relied on prayer for health care all of my life. Henry Paulson health-care care prayer Every global concern - economic, environmental or security-related - can be addressed more effectively when the U.S. and China work together. Henry Paulson environmental economic working-together For market discipline to constrain risk effectively, financial institutions must be allowed to fail. Under optimal financial regulatory and financial system infrastructures, such a failure would not threaten the overall system. Henry Paulson financial discipline risk Well, as you know, we're working through a difficult period in our financial markets right now, as we work off some of the past excesses. But the American people can remain confident in the soundness and the resilience of our financial system. Henry Paulson resilience people past As a child, I could beat most kids in sprints, but overall, wrestling was the most natural sport for me. In fact, I was a pretty good high school wrestler. I was unusually quick and strong. Henry Paulson strong sports children There is no way to stabilize the markets other than through government intervention. Henry Paulson conspiracy government way Economic growth and environmental protection are not at odds. They're opposite sides of the same coin if you're looking at longer-term prosperity. Henry Paulson growth odds opposites China saves too much, produces too much, sells too much to Americans and consumes too little. Henry Paulson china too-much littles As a Christian Scientist, I don't go to doctors and get diagnoses. Henry Paulson diagnosis doctors christian There is a very real danger that financial regulation will become a wolf in sheep's clothing. Henry Paulson regulation real sheep China needs a currency that reflects underlying economic fundamentals. Henry Paulson economic fundamentals needs Anticompetitive practices hurt Chinese private firms nearly as much as foreign ones. Henry Paulson chinese hurt practice
