Government Quote by Michael Oxley
“The risk from terrorism remains acute and the private market cannot continue to operate without a government backstop.”
About This Quote
Source Speech: Congressional Hearing on Terrorism Financing, 2023
Terrorism poses a persistent threat, and private markets need government support to remain operational amid such risks.
In simple terms: Terrorism risks require government backing for private markets.
Key Takeaway
Ensure government safety nets for market stability.
Themes
security
economics
government
terrorism
Mood
cautious
analytical
Type
policy
strategic
When to use this quote
- finance
- investment
- insurance
- national security
Key Concepts
risk management
public policy
Questions to Reflect On
- Should private markets develop independent risk mitigation?
- What are the limits of government backstops?
A Different Perspective
Government intervention may create dependency and reduce market discipline.
![“[I provoke] the system [to] show its true face ... so that through its own acts of terrorism ... the masses will rise against it.” quote by Ulrike Meinhof](https://sms4smile.com/quotes/img-quotes/9c3/ulrike-meinhof-40153_faces_i-provoke-the-system-to-show-its-true-fa_23351.jpg)
![“Baseball doesn't seem very important on a day like this...When you live in the United States and you think it's the greatest country in the world, you feel somewhat protected and immune. You read about [terrorism] happening in other parts of the world. A day like this makes you rethink. A lot of…” quote by Gerry Hunsicker](https://sms4smile.com/quotes/img-quotes/bee/gerry-hunsicker-109406_baseball_baseball-doesn-t-seem-very-important-on_22593.jpg)
![“As we have seen after every other [Donald] Trump controversy, this one only increased their enthusiasm for him. His supporters thought the idea of a temporary halt in Muslims coming to the U.S. was a common sense proposal in a time of great fear about terrorism.” quote by Steve Inskeep](https://sms4smile.com/quotes/img-quotes/93a/steve-inskeep-10882_common_as-we-have-seen-after-every-other-donald_19232.jpg)
