Debt Quotes - Page 13

Debt is not caused by spending, it is caused by buying things that you don't pay for. Or, it's caused by cutting revenues that you don't offset ... by cuts in spending.

Like to have a catalyst - reduces dependence on the market: Distressed debt inherently has a catalyst - maturity.

When I moved to L.A., I was penniless, absolutely beyond broke and in debt up to my eyeballs.

This is a derivative, if you will, of Cloward-Piven [theory]. "[Stephen] Lerner's plan is to organize a mass, coordinated 'strike' on mortgage, student loan, and local government debt payments - thus bringing the banks to the edge of insolvency and forcing them to renegotiate the terms of the loans.

If you really want to get rid of the problems in the NFL, put Obama in charge of it: in a few months it will be so deep in debt it will have to go out of business - no more concussions.

Have you noticed the debt is exploding? And it's not all because of Medicare.

All but a very few of us are in debt. We exist as entities who borrow money and spend the rest of our lives making interest payments on a debt tally that never seems to budge. Whatever wealth we have, in labor, property or cash, is suctioned to the top.

I'm not a Republican or a Democrat, but George Bush has just put us so greatly into debt; now Obama's going to make it even worse. So, it's basically highway robbery, and I think it's a tragedy.

A mortgage casts a shadow on the sunniest field.

I often think that the reason capitalism hasn't completely destroyed everything is that a huge amount of anti-capitalist endeavor goes on, from labors of love, nurture, friendship, and barter to gift economies and different kinds of exchanges, not just one alternate model but a whole host of other ways in which we engage with each other and with the world that aren't financial and debt-based.

You cannot give anything to a magnanimous person. After you have served him, he at once puts you in debt by his magnanimity.

We cannot overstate our debt to the Past, but the moment has the supreme claim.

The greatest genius is the most indebted person.

Wouldst thou shut up the avenues of ill, Pay every debt as if God wrote the bill.

If you will not lend me the money, how can I pay you?

The borrower runs in his own debt.

Gold has intrinsic value. The problem with the dollar is it has no intrinsic value. And if the Federal Reserve is going to spend trillions of them to buy up all these bad mortgages and all other kinds of bad debt, the dollar is going to lose all of its value. Gold will store its value, and you'll always be able to buy more food with your gold.

Man was lost if he went to a usurer, for the interest ran faster than a tiger upon him.

The debt and the deficit is just getting out of control, and the administration is still pumping through billions upon trillions of new spending. That does not grow the economy.

The President didn't offer any clarity in his latest speech about what he would do to tackle our nation's debt before it tackles us and it's still not clear how he'll keep Medicare from going bankrupt. One thing is clear though, Barack Obama isn't interested in governing or putting forward solutions to fix our nation's problems.

We know that advanced economies with stable governments that borrow in their own currency are capable of running up very high levels of debt without crisis.

The real danger with debt is what happens if lots of people decide, or are forced, to pay it off at the same time.

Every acknowledgment of gratitude is a circumstance of humiliation; and some are found to submit to frequent mortifications of this kind, proclaiming what obligations they owe, merely because they think it in some measure cancels the debt.

You really struggle to be a successful empire if you are also the world's biggest debtor.

I think...that I would rather recollect a life mis-spent on fragile things than spent avoiding moral debt.