Freeze Quotes
I'm fascinated by the ways in which people express themselves, because their responses are often counter to what they're actually feeling. Like when they're frightened, they tend to freeze. When they're angry, it doesn't always come out as volume. There are wonderful contradictions in the way that people express their emotions.
Most of the time, your risk management works. With a systemic event such as the recent shocks following the collapse of Lehman Brothers, obviously the risk-management system of any one bank appears, after the fact, to be incomplete. We ended up where banks couldn't liquidate their risk, and the system tended to freeze up.
Alinsky's 1971 book, 'Rules for Radicals,' is a favorite of the Obamas. Michele Obama quoted it at the Democratic Convention. One Alinsky tactic is to 'Pick the target, freeze it, personalize it, and polarize it.' That's what the White House did in targeting Rush Limbaugh, Rick Santelli and Jim Cramer.
