Political Quotes

“last month, Peter G. Peterson passed away in his home in Manhattan at the age of 91. He was a rare figure in modern American politics as a true public citizen asking politicians to be fiscally responsible. Peter George Peterson was born Peter Petropoulos in Kearney, NE, to a Greek family. His parents came from southern Greece without any money. George, his father, took a job as a dishwasher for the Union Pacific Railroad. His mother made wine in his basement, which she sold to people. George eventually opened a Greek restaurant in Kearney and changed the family name to Peterson. At age eight, Peter would work the register at this place. The family never had much wealth. Almost everyone knew him as Pete. His family was so frugal that Pete and his brother took turns using the same bath water on Saturday nights. The Great Depression taught him lessons that he would message to the country for the rest of his life: Never spend more than one earns, even in the worst of times. Pete developed into a business wonder. He finished top in his class in high school, attended Massachusetts Institute of Technology, and Northwestern University. In the 1950s, Pete was an advertising executive for the legendary McCann Erickson agency before he was 30. Within a decade, he became chief executive for Bell and Howell electronics.…”