Debt Quotes - Page 14

Praise will come to those whose kindness leaves you without debt.

The grandchildren should not bear the debts of the grandparents.

As a society we should be encouraging people out of the debt-culture mindset, not promoting it.

Debts are nowadays like children begot with pleasure, but brought forth in pain.

The debt they ran up in the first year of the Obama administration is bigger than the last four years of the Bush combined.

I refer, of course, to the debts our nation has amassed for itself over decades of indulgence. It is the new Red Menace, this time consisting of ink. We can debate its origins endlessly and search for villains on ideological grounds, but the reality is pure arithmetic.

It is simply science fiction fantasy to say that, if you do not raise the debt ceiling, that everything is going to collapse.

I would be embarrassed to tell you how many folks ran saying that they weren't going to spend a bunch of money, they weren't going to raise the debt ceiling, and then they went to Washington, D.C., and did exactly that.

All of the problems we're facing with debt are manmade problems. We created them. It's called fantasy economics. Fantasy economics only works in a fantasy world. It doesn't work in reality.

You load 16 tons, and what do you get? Another day older and deeper in debt. St. Peter don't you call me 'cause I can't go. I owe my soul to the company store.

All men are interdependent. Every nation is an heir of a vast treasury of ideas and labor to which both the living and the dead of all nations have contributed. Whether we realize it or not, each of us lives eternally 'in the red.' We are everlasting debtors to known and unknown men and women.

Debt is part of the human condition. Civilization is based on exchanges - on gifts, trades, loans - and the revenges and insults that come when they are not paid back.

It shows nobility to be willing to increase your debt to a man to whom you already owe much.

If you want to pay off your debts, it pays to increase your earning power.

The financial history of the last century shows a steady increase in the amount of public indebtedness. Nobody believes that the states will eternally drag the burden of these interest payments. It is obvious that sooner or later all these debts will be liquidated in some way or other, but certainly not by payment of interest and principal according to the terms of the contract.

Greece could default on its debts and even exit currency bloc if it cannot deliver reforms.

Were I more conversant with literature and its great names, I could go on quoting them ad infinitum and acknowledge my debt for the merit you have been generous enough to find in my work

Marriage, like death, is a debt we owe to nature.

Never run into debt, not if you can find anything else to run into.

I would vote to increase the debt limit if there was a corresponding level of cuts. And if there was some serious talk about a balanced budget amendment, which we as governors always had to deal with.

After everyone has had a chance to bluster, posture, and pontificate, we are left with one basic question: under any foreseeable circumstance, would it be in our national interest to default on our debt? The answer is unequivocally no.

We can have tax cuts, but when we have tax cuts and do not have a surplus, the amount of the tax cut goes straight to the bottom line, adds to the deficit, and the deficit adds to the national debt, and sooner or later, the debt has to be paid.

Too many members of Congress are too involved in grabbing what they can for their states or districts without enough emphasis on overall fiscal restraint for the sake of the nation as a whole. We need a new era of fiscal sanity. I am not willing to subject my children and grandchildren to the level of debt that Congress has created.

I talked to a lot of employers who just are, are fearful of what's coming next out of Washington. It's all the spending, it's all the debt. It's their national energy tax, they want to call it cap and trade - more mandates, higher costs, more taxes. Their healthcare bill - more mandates, higher costs, higher taxes.

It took the first 204 years of our Nation's history to accumulate $1 trillion in debt. And now we are doing that every 2 or 3 years.