Bill Owens Quotes


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Rich people the world over have often sought a safe way to save their money. Unfortunately, in most counties of the world, there is not the rule of law and the limited government that is in the United States and a few other industrial democracies. So the rich of those countries will often avoid investing their money in their own country and instead invest it in the United States or another “safe” country. This lack of patriotism makes development of poorer countries that much more difficult. However, the rulers of those countries rarely do the things necessary to create a reasonably safe environment for investment. Even in America, some wealthy people will invest in other nations or “bet against the dollar” in favor of the Yen, the Swiss Franc or the Euro. During the American Revolution and the War of 1812, there was every reason for wealthy Americans to send their money to England for investment or banking there, However, most American wealthy families were patriotic enough not to maximize their personal income.


He was commenting about Saudi Arabia, but oil wealth generally seems to harden nations to reform and change of all types.


Bill Owens
Bill Owens
  • Born: October 22, 1950
  • Nationality: American
  • Profession: Politician

William Forrester Owens is an American former politician who served as the 40th Governor of Colorado from 1999 to 2007. Owens was re-elected in 2002 by the largest majority in Colorado history, after making transportation, education, and tax cuts the focus of his governorship. As of 2021, he is the most recent Republican to serve as Governor of Colorado.