Jamie Dimon Quotes


The problem is not that the U.S. economy won't be able to take care of its citizens - it is that taking away benefits, creating intergenerational warfare, and scapegoating will make for very difficult and bad politics. This is a tragedy that we can see coming. Early action would be relatively painless.


Citations

Dimon, Jamie. "Letter to Shareholders." JPMorgan Chase & Co. 2012 Annual Report, JPMorgan Chase, 10 Apr. 2013.

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Communications were quite primitive and out of desperation many jobless men would just walk the main road to the next community in hopes of finding work there.


Olasky and many religiously oriented analysts, believe that public shame shapes and controls behavior and if a society does not have a set of recognized norms, and every person is free to determine his own propriety, there will be moral degeneration and there is no way to produce desirable social and political outcomes. This is perhaps the longest political and philosophical ongoing debate. In a society people cannot be free if there is fear, coercion and chaos with public safety primary. But how can this be produced unless there are generally accepted moral and behavioral codes like that of a religion. And then if one has that, and it is dominant, how can someone be free from the coercion of that morality or religious code? There must be freedom not to believe. Or must there be? Many say yes. Many others, especially orthodox leaders of most religions believe, No. Christian, Jewish and Muslim fundamentalists all say No, but then they insist that the norm be theirs.


Under the Community Action Program, community groups were founded throughout the country. Some of these then tried to unseat the incumbent governors, mayors and city councilmen. Soon Governors were given veto powers on grants within their states.


Jamie Dimon
Jamie Dimon
  • Born: March 13, 1956
  • Nationality: American
  • Profession: Businessman

Jamie Dimon is an American billionaire businessman. He is the chairman and chief executive officer (CEO) of JPMorgan Chase, the largest of the big four American banks, since 2005 and was previously on the board of directors of the Federal Reserve Bank of New York. Dimon was included in Time magazine's 2006, 2008, 2009, and 2011 lists of the world's 100 most influential people. Dimon's net worth is estimated at $1.7 billion.