Our political leaders must summon the courage to pull up their socks and deal with our fiscal predicament in a way that corrects for the mismatch between future income streams and liabilities.

Excerpts from speeches by Federal Reserve Bank of Dallas President, Richard W. Fisher.

Remarks before New Mexico State University's Spring 2011 Domenici Institute Forum, Las Cruces, New Mexico, May 4, 2011 ; I will keep my comments as brief as possible this afternoon so as to leave ample time for Q&A. I want to first provide the précis of the analysis of the nation’s economy...

Remarks at the Midland Community Forum, Midland, Texas, August 17, 2011 ; "I have spoken to this many times in public. Those with the capacity to hire American workers... are immobilized. Not because they lack entrepreneurial zeal or do not wish to grow; not because they can’t access cheap and...

Remarks before the Market News International Seminar, New York, N.Y., June 6, 2011 ; "Postcrisis, the large institutions are even larger: The top 10 now account for 64 percent of assets, up from 58 percent before the crisis and substantially higher than the 25 percent they accounted for in 1990....

Remarks before the Society of American Business Editors and Writers 2011 Annual Conference, Dallas, Texas, April 8, 2011 ; In the fall of 2006, I was asked to draw upon some 30 years of experience in Germany and speak at the American Academy in Berlin, addressing the question: “Is Germany’s...

Remarks before the Rotary Club of Dallas, Dallas, Texas, July 13, 2011 ; "We are being challenged as the place to invest job-creating capital. Our fiscal and regulatory authorities do not operate in a vacuum; we live in a globalized, interconnected world where money is free to go to wherever it...

Remarks at the Hispanic Economic Experience Conference, Dallas, Texas, June 16, 2011 ; "In Texas, as anywhere else in the United States and in all capitalist societies, "you earn what you learn." Every study known to man, and plain common sense, tells you that income is directly correlated to...

Dallas Fed President Richard W. Fisher discusses the importance of geography in an increasingly global economy: the study and nurture of ties to Mexico to keep tabs on the Texas economy.

Dallas Fed President Richard W. Fisher discusses the importance of human capital measures in maintaining the regional outlook in today’s knowledge-based economy.