"I hope there will be some good news and some good profits, and people will realize we have a lot of outstanding executives, and a lot of companies that are doing a good job, and those are good companies to invest in"
About this Quote
The line reads like a bedtime story for the markets: keep calm, trust the grown-ups, and everything will work out - ideally with dividends. Don Nickles, a career Republican senator and longtime ally of business interests, isn’t really offering an argument so much as a reassurance ritual. The repetition of "good" (good news, good profits, good job, good companies) functions as verbal greenlighting, a way to launder uncertainty into optimism through sheer insistence.
The intent is twofold. First, it’s a signal to investors and corporate leaders that their worldview still owns the room: profits are not an awkward byproduct of economic life but the headline metric, the thing that qualifies as "news". Second, it’s a subtle disciplining of the public conversation. If people just "realize" executives are "outstanding", then doubt becomes a kind of misunderstanding rather than a rational response to layoffs, scandals, or volatility. He’s not addressing structural risk; he’s addressing sentiment.
Context matters because this kind of language tends to surface when confidence is wobbling - after bad earnings, a market slide, or a political moment when corporate power is taking heat. Nickles’s subtext is that legitimacy flows downward from management: if executives are competent, the system is fine, and investing is almost civic-minded. It’s politics as investor relations, selling not a policy but a mood: faith in the corporate class as the safest bet.
The intent is twofold. First, it’s a signal to investors and corporate leaders that their worldview still owns the room: profits are not an awkward byproduct of economic life but the headline metric, the thing that qualifies as "news". Second, it’s a subtle disciplining of the public conversation. If people just "realize" executives are "outstanding", then doubt becomes a kind of misunderstanding rather than a rational response to layoffs, scandals, or volatility. He’s not addressing structural risk; he’s addressing sentiment.
Context matters because this kind of language tends to surface when confidence is wobbling - after bad earnings, a market slide, or a political moment when corporate power is taking heat. Nickles’s subtext is that legitimacy flows downward from management: if executives are competent, the system is fine, and investing is almost civic-minded. It’s politics as investor relations, selling not a policy but a mood: faith in the corporate class as the safest bet.
Quote Details
| Topic | Investment |
|---|---|
| Source | Help us find the source |
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