Franklin Raines Quotes

"When they had difficulties they've had a tendency to lurch to the right and out of the mainstream, and we hope that doesn't happen this time."
-Franklin Raines

"We think that it's unwise to put into the constitution a mechanism that enshrines for all time a particular way of measuring the budget."
-Franklin Raines

"Based on the presentation that we heard today, there are more issues then the last time we sat down, ... It fails to target tax relief on middle incomes as the president's approach would do."
-Franklin Raines

"It will be about 20 percent. Down substantially from the level that the president inherited when he came to office. The government is shrinking, as a percentage of our economy, not growing."
-Franklin Raines

"We are in favor of having the most accurate measure of inflation possible, in order to index those various programs, and we are trying to measure what the real cost-of-living changes are."
-Franklin Raines

"It creates a contrast between their ideas and ours. We are perfectly happy to be judged by that contrast."
-Franklin Raines

"Although to my knowledge the company has always made good faith efforts to get its accounting right, the SEC has determined that mistakes were made. By my early retirement, I have held myself accountable."
-Franklin Raines