“Let's stop for a second and remember where we were eight years ago. We had the worst financial crisis, the Great Recession, the worst since the 1930s. That was in large part because of tax policies that slashed taxes on the wealthy, failed to invest in the middle class, took their eyes off of Wall Street, and created a perfect storm. In fact, Donald was one of the people who rooted for the housing crisis. He said, back in 2006, "Gee, I hope it does collapse, because then I can go in and buy some and make some money." Well, it did collapse…. We have come back from that abyss. And it has not been easy. So we're now on the precipice of having a potentially much better economy, but the last thing we need to do is to go back to the policies that failed us in the first place.”

Presidential campaign (April 12, 2015 – 2016), First presidential debate (September 26, 2016)

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Hillary Clinton312

American politician, senator, Secretary of State, First Lady 1947

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“CLINTON: Donald was one of the people who rooted for the housing crisis. He said, back in 2006, "Gee, I hope it does collapse, because then I can go in and buy some and make some money." Well, it did collapse.
TRUMP: That's called business, by the way.”

Donald J. Trump (1946) 45th President of the United States of America

2010s, 2016, September, First presidential debate (September 26, 2016)

“It is true that I want to roll back the Bush tax cuts on the very wealthiest Americans and go back to the rate that they paid under Bill Clinton. John McCain calls that socialism. What he forgets, conveniently, is that just a few years ago, he himself said those Bush tax cuts were irresponsible. He said he couldn't in good conscience support tax cuts where the benefit went to the wealthy at the expense of middle class Americans who most need the tax relief. That's his quote. Well, he was right then, and I am right now.”

Barack Obama (1961) 44th President of the United States of America

Comments at a campaign rally in Tampa; Florida (20 October 2008) http://www.baynews9.com/content/36/2008/10/20/394027.html <br class="br">2008

“The nation is gripped in her worst crisis, standing in the middle of the road between survival and disintegration. Since the birth of Pakistan, crisis has followed crisis in rapid escalation. Millions of lives were sacrificed to create this country.”

Zulfikar Ali Bhutto (1928–1979) Fourth President and ninth Prime Minister of Pakistan

Source: Letter to his daughter (1978), p. 37.
Context: This is not a letter on Pakistan. If it were, I could have written a small book entitled "Glimpses of Pakistan's history". Time does not permit it. The nation is gripped in her worst crisis, standing in the middle of the road between survival and disintegration. Since the birth of Pakistan, crisis has followed crisis in rapid escalation. Millions of lives were sacrificed to create this country. Pakistan is said to be the dream of Mohammad Iqbal and the creation of Muhammad Ali Jinnah, the Quaid-e-Azam. Was anything wrong with the dream or with the one who made the dream come true? Opinions have differed and continue to differ. The next few years will most probably decide the issue, perhaps once and for all, and not without bloodshed. This process is not inevitable but the present policies of the ruling junta are driving this country towards a sad inevitability

“We now have a global business system that is virtually unregulated, with trade unions crippled and politicians largely bought by the super-rich to serve their interests. And what is the result? Inequality has returned to 1920s levels, and movement between the classes has collapsed. We have bank runs unseen in a century. And now even senior Wall Street figures mutter — with only a hint of hyperbole — about a looming Depression and "the worst crisis since 1929." All we need now is rising unemployment and Zelda and F Scott Fitzgerald boozily waltzing through Wall Street, and we are back where this story began.”

Johann Hari (1979) British journalist

"Has Market Fundamentalism Had Its Day?," The Independent (2008-03-20).

“I'm really calling for major jobs, because the wealthy are going create tremendous jobs. They're going to expand their companies. They're going to do a tremendous job. I'm getting rid of the carried interest provision. And if you really look, it's not a tax -- it's really not a great thing for the wealthy. It's a great thing for the middle class. It's a great thing for companies to expand.”

Donald J. Trump (1946) 45th President of the United States of America

2010s, 2016, September, First presidential debate (September 26, 2016)

“We have been in recess since July, and during that time there have been a fuel crisis, a Danish no vote, the collapse of the Euro and a war in the middle east, but what is our business tomorrow? The Insolvency Bill [Lords]. It ought be called the Bankruptcy Bill [Commons], because we play no role.”

Tony Benn (1925–2014) British Labour Party politician

Speech in the House of Commons (23 October 2000) http://hansard.millbanksystems.com/commons/2000/oct/23/election-of-speaker, cited in Adam Tomkins, "What is Parliament for?" in Bamforth N. and Leyland P. (eds.), Public Law in a Multi-Layered Constitution, Oxford, Hart, 2003, p. 53. <br class="br">2000s

“I am opposed to it because I wish to see united at an important crisis of the world—a crisis that perhaps is nearer arriving than some of us suppose—because I wish to see a united people welded in one great nationality, and because I feel that if we sanction this policy—if we do not cleanse the Parliamentary bosom of all this "perilous stuff"—we shall bring about the disintegration of the Kingdom and the destruction of the Empire.”

Benjamin Disraeli (1804–1881) British Conservative politician, writer, aristocrat and Prime Minister

Source: Speech http://hansard.millbanksystems.com/commons/1874/jul/02/motion-for-a-committee-adjourned-debate#column_963 in the House of Commons against Irish Home Rule (2 July 1874)

“This leads to the second most dangerous, and very disingenuous claim by Fair Tax advocates, that it repeals the income tax. It does not. The Fair Tax Bill merely repeals various sections of the federal tax code relating to the income tax. The bill leaves the 16th Amendment intact; most tellingly, it uses tepid language about the 16th Amendment, saying only that Congress “finds” that it “should be repealed.”
This clearly leaves an opening for Congress to reinstate the income tax once the national sales tax is in place. Given the addiction to spending and the lack of integrity that pervades our government, I’m convinced that even if the Fair Tax passes, it’ll be implemented without doing away with the income tax — thus giving us the worst of both worlds. In fact, I wouldn’t be surprised if some congressman championed “bringing back” the income tax as the only solution to a future “debt crisis.””

R. Lee Wrights (1958–2017) American gubernatorial candidate

2012, " The Fair Tax Isn't Fair, It's a Farce http://www.libertyforall.net/?p=7101"

“He (Donald Trump) called for a new tax loophole – let’s call it the Trump Loophole – because it would allow him to pay less than half the current tax rate on income from many of his companies. He’d pay a lower rate than millions of middle class families.”

Hillary Clinton (1947) American politician, senator, Secretary of State, First Lady

Presidential campaign (April 12, 2015 – 2016), Speech in Warren, Michigan (August 11, 2016)

“We did stop the meltdown. We avoided what would have been, I think, a collapse of the global financial system. That was obviously a good thing. But one thing that I was always sure of and the Federal Reserve was always sure of was that a collapse of some of these big financial firms was going to have very serious collateral consequences. There were people arguing even as late as September 2008, “Well, why don't you just let the firms collapse? There is a system that can take care of it: bankruptcy. Why don't you let them fail?” We never thought that was a good option. Particularly, if the whole system had collapsed, we would have had extraordinarily serious consequences.”

Ben Bernanke (1953) American economist

Lecture 3: The Federal Reserve's Response to the Financial Crisis
The Federal Reserve and the Financial Crisis (2012)

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