Michael Spencer Quotes (8 Quotes)


    I'm as pleased as punch. For them to come out and play like this is impressive. These guys have been here a long time and I'm sure they were getting tired.



    Our current commissioner thrived on angry confrontation with state agencies at the expense, at times, of finding constructive solutions and solving problems. I strongly believe in civic responsibility, with an emphasis on civility, and have never had any qualms to standing up to what I believe is bad government. I had to do so in my own life in the past with the U.S. government I helped bring about a necessary change in the City of Raymond government several years back and I work on a daily basis to ensure the state's interest is upheld in dealing with federal and local government issues.

    We're positive about Korea's economic outlook partly because relatively we hold a more positive view of the United States, Europe and Japan.


    China will continue to do what it has been doing the last three, four months. The yuan will appreciate at a 4 to 5 percent annual rate. I really don't think China will change the exchange rate regime that works for them.

    The three central banks seemed to be more inclined to intervene in the market while the Bank of Korea over the year or so intervened less.

    I don't think anyone expects compliance will be to the letter and on time in every respect. Political realities will impinge from time to time.


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