Zach Wamp Quotes
In this post 9-11 world we live in, it is critical we take steps to improve the safety and security of the Trucking Industry which has proven to be our most mobile and flexible mode of transporting goods.
Wamp, Zach. "Transportation." Congressman Zach Wamp, U.S. House of Representatives, 2006, wamp.house.gov.
4 years after the Great Recession where major banks of America needed government bailouts to prevent failure the Administration and Federal Reserve board wanted to increase the capital requirements to increase the safety of the Banks. Essentially the banks would speculate and gamble with depositors’ money. If their investment paid off, there were large profits and bonuses for the executives. If it did not, they ran out of capital as they had very little of their own at risk. The government bailed them out and the executives got their bonuses anyway. The efforts to make the banks speculate with more of their own money were strongly opposed by the banks and bank executives.
The Bush administration were busy making their appointments and setting some domestic priorities. In 4 months 9-11 would make them wish that they had taken these warnings more seriously. See {637530}.
He was not advocating this level of military presence. He was explaining that there is a trade-off between safety and civil rights and quality of life.
This quotation is one of the few honest answers that government politicians give to questions about the effectiveness of prevention. All prevention whether it is to reduce terrorist attacks, fatal crashes on out highways, illicit drug usage or anything else, have two major problems in terms of communicating effectiveness. First, it is impossible to accurately measure what did not happen. Second, whereas prevention failures have real people and faces of the victims can be identified, it is impossible to identify the specific benefits of prevention. We know who died in the Boston Marathon bombing, but we do not know exactly who was saved by the prevention of a planned terrorist attack that was thwarted in New York. Even when the government does know that a terrorist attack was thwarted, it is rarely a good idea to make that information public as then the tourists will learn details of how a particular planned attack went awry, whereas if the government is silent, they have much less information and cannot easily adjust their strategy and tactics.
He and saome others were concerned that if most American citizens knew most of the details about terrorists and U. S. potential vulnerability to terrorism, many would be totally inhibited and American Society would become very insular and restrictive to the detriment of the nation and the economy. Critics argue that American's imagination stimulated by entertainment, journalism and literature was extreely robust and Americans nnetheless could handle the risks. And the secrecy even exacerbates the problem becasue there was no way to refute or curtain those who exaggerated the problem and the risks.
Zachary Paul Wamp is an American politician who was the U.S. Representative for Tennessee's 3rd congressional district from 1995 to 2011. He is a member of the Republican Party. The district is based in Chattanooga and includes large parts of East Tennessee, including Oak Ridge.
