“What this ruling could do is create a national market in municipal bonds, rather than the fragmented, regional one we have now.”
“It's too late to buy many of the big ones. There are plenty of municipal utilities that can be bought one by one and added up, but that's not as satisfying as buying a big group.”
“When I started this, it was municipal all the way. I had no hint that the Seneca Nation would be interested, but this is nothing like the town golf course. This will be a destination course.”
“The king has only one choice -- accept the reality and postpone the municipal elections as it alone would create a minimum ground for a dialogue with political parties.”
“It's not competitive with our coal and nuclear units. It's one thing to propose [a municipal utility]. There are a lot of costs involved.”
“Neville Chamberlain looked at foreign affairs through the wrong end of a municipal drainpipe”
“No sane local official who has hung up an empty stocking over the municipal fireplace, is going to shoot Santa Claus just before a hard Christmas.”
Alfred E. Smith
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