the people's poverty is no other than Our poverty; the people's prosperity is none other than Our prosperity.
I think that with our 'Made in America' segments, where we go out to these factories all around the country, is essentially giving people a high-five and signal to them that we're in this together.
European citizens expect that there will be also a fair system inside the European Union and in the euro, and that's why we have to have quite hard discipline.
The Treaty includes no provision for the economic rehabilitation of Europe -- nothing to make the defeated Central Powers into good neighbors, nothing to stabilize the new States of Europe, nothing to reclaim Russia; nor does it promote in any way a compact of economic solidarity amongst the Allies themselves; no arrangement was reached at Paris for restoring the disordered finances of France and Italy, or to adjust the systems of the Old World and the New.
There were critics of the Treaty of Versailles in Britain as well as the United States.
Those who have the most, who earn the most, must give an example, because that is important for Spain's collective effort.
If the leading Negro classes cannot assume and bear the uplift of their own proletariat, they are doomed for all time. It is not a case of ethics; it is a plain case of necessity. The method by which this may be done is, first, for the American Negro to achieve a new economic solidarity.
For those of us who believe in it, there has to be a movement that says, "We still believe in trade. We still believe in international engagement for America. But for those losers or those who are suffering, we've got your back."
It is opposition to economic orthodoxy that leads us into austerity and cuts. But it is also a thirst for something more communal, more participative. That, to me, is what is interesting in this process.
No free people can for long cling to any privilege or enjoy any safety in economic solitude.
I would describe that [friendship with Greek Prime Minister Alexis Tsipras] as a utilitarian friendship. At the time, his country was facing the prospect of leaving the euro zone and many Greeks felt abandoned by Europe. In such a situation, it seemed appropriate to me to present myself as a friend to Greece. It had to do with the country's dignity.
There are neither mendicants no paupers as long as there are any rich people among them. Their kindness, humanity, and courtesy not only make them liberal with what they have, but cause them to possess hardly anything except in common. A whole village must be without corn before any individual can be obliged to endure privation
Turkey is doing an enormous amount in the refugee question, but it can't continue to pay for everything by itself. That is why we have to talk to Turkey about money.
There is a proposal to divide the currency zone into a north and a south euro. There is also the idea of setting up a core monetary union in the middle of Europe. I disapprove of these debates. Instead, we should devote all of our efforts to supplementing the monetary union with a political union.
You cannot form a community of countries of different strength without a certain amount of equilibrium. That is reflected in, for example, the EU budget and the bailout programs. That is why there are net payers and net recipients in Europe. A community cannot exist if the stronger do not take responsibility for the weaker.
A proper community, we should remember also, is a commonwealth: a place, a resource, an economy. It answers the needs, practical as well as social and spiritual, of its members - among them the need to need one another. The answer to the present alignment of political power with wealth is the restoration of the identity of community and economy. (pg. 63, "Racism and the Economy")
The ESM, the European Stability Mechanism, is not funded by Germany alone. Twenty-seven percent of the bailout package comes from Germany. Italy and France together cover a total of 38 percent. That's reality. It makes no sense to say that everyone wants to get at Germany's money.
If you have a sharp bold economic message, you can unite everybody.