Today we have access to highly advanced technologies. But our social and economic system has not kept up with our technological capabilities that could easily create a world of abundance, free of servitude and debt.

I really truly worry that the debt is one of the single biggest threat to the United States of America, that we're talking about a problem that is multi-trillion in its depth and I think we ought to be cutting more.

Thus my learning is not my own; it belongs to the unlearned and is the debt I owe themMy wisdom belongs to the foolish, my power to the oppressed. Thus my wealth belongs to the poor, my righteousness to the sinners.

It's very difficult to explain to a normal working citizen the implications of what $18 trillion in debt means and what it means when the Federal Reserve buys the U.S. Treasury bonds to finance our loss every month.

They who have been bred in the school of politics fail now and always to face the facts. Their measures are half measures and makeshifts merely. They put off the day of settlement, and meanwhile the debt accumulates.

Our nation stands at the crossroads of liberty. Crushing national debt, rampant illegal immigration, insane business regulations and staggering national unemployment are pushing our nation into unchartered territory.

Sorrow ages you prematurely. When you're in emotional debt, you're pessimistic about the future and, even in your green years, long to return to the past to remedy the shortfalls of love and opportunity you suffered.

As to Taxes, they are evidently inseparable from Government. It is impossible without them to pay the debts of the nation, to protect it from foreign danger, or to secure individuals from lawless violence and rapine.

Debt certainly isn't always a bad thing. A mortgage can help you afford a home. Student loans can be a necessity in getting a good job. Both are investments worth making, and both come with fairly low interest rates.

At a lot of college graduations, you'll hear people say, 'Follow your passions,' and that is important, but no one talks about the stress of not having enough money, the issues of debt, and the issues of work stress.

The grateful person fears no court or judge, no sentence or executioner, but what he carries about him in his own breast: and being still the most severe exactor of himself, not only confesses but proclaims his debts.

When the economy's shrinking, providing jobs, spending on things like infrastructure can actually increase revenue and drive down debt. And then, there's going to be a time at which point debt has to be taken care of.

Confession of sins is not meritorious: to confess sins as a way of placing God in your debt is not dealing with sin; it is committing another sin. The context of all confession must be the free grace of justification.

Growing up, books were my lifeline, and I owe a debt to those writers that can never be repaid. They saved my sanity and gave me a world I could escape to. If I can pay that forward to another person, that's all I ask.

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.

Produce what you consume; draw from the native element the necessaries of life. Permit no vitiated taste to lead you into the indulgence of expensive luxuries, which can only be obtained by involving yourselves in debt.

We've been lucky. Even as a young, local-level band, we were able to rise out of the local scene without having any debt, without having signed the wrong deal with the wrong manager or the wrong booker or a small label.

Every person working in sports journalism today owes a tremendous debt to Howard Cosell. His greatest contribution was elevating sports reporting out of daily play-by-play and placing it in the larger context of society.

It was at the graduate school at Columbia University that I first met Wesley C. Mitchell, with whom I was associated for many years at the National Bureau of Economic Research and to whom I owe a great intellectual debt.

One day Donald Trump will discover that he is owned by Lutheran Brotherhood and must re negotiate his debt load with a committee of silent Norwegians who dont understand why anyone would pay more than $120.00 for a suit.

Small business owners are experiencing great uncertainty because of the possibility of tax increases, the inconsistent flow of credit, an outrageous national debt, high energy costs, and overreaching federal regulations.

I think it's important that people know what raising the debt ceiling is. It's Congress giving permission to the federal government to borrow more money that we don't have, and we borrow it for the purpose of spending it.

Tea Partiers hate government more than they hate the national debt. They refuse to reduce that debt with tax increases, even with tax increases on the wealthy, because a tax increase doesn't reduce the size of government.

Investment bankers do much of their business underwriting government bonds, in the United States and abroad. Therefore, they have a vested interest in promoting deficits and in forcing taxpayers to redeem government debt.

And it's also producing a growth in debt to the United States that will weight very heavily in a country that has to address issues like having more old people to be covered by Social Security or by pension in the future.

On any measure, Spain's bank rescue has been a disaster. A hundred million euros have been added to the national debt, ten-year bonds are at a record high and the country's credit rating has been downgraded three notches.

The price decline is a result of having to pay debts. That drains income from the circular flow between production and consumption - that is, between what people are paid when they go to work, and the things that they buy.

By teaching twenty-something year olds responsible debt management practices, we can help them create a balanced lifestyle and find peace of mind through increased financial awareness, smart saving and long-term investing.

When you see something special, something inspired, you realise the debt we owe great curators and their unforgettable shows - literally unforgettable because you remember every picture, every wall and every juxtaposition.

It's not the best between my family and me. There are so many crimes left unpunished, debts unpaid, white elephants in the middle of the room that no one will even offer a peanut to. We are in the red, emotionally speaking.

If the official community is interested in asking the private sector to take another look at Greece, then it will have to be only as part of a broader process of addressing the full range of sovereign debt issues in Europe.

I am very glad that Paul Ryan left the government as a capitulating supplicant to Donald Trump while the government was shut down, while the debt hit record levels, right? Every single thing Paul Ryan claimed to care about.

Students take out loans with the expectation that they will receive an education that sets them up for success - yet too many students are left with enormous debt from predatory institutions and no education to show for it.

The burden of Karma is heavy. All alike have heavy debts to pay. Yet none, so the Wisdom teaches, is ever faced with more than he can bear. Whether or not we can grin, we must bear it, and it is folly to attempt to run away.

The Latin American debt that reached crisis levels from 1982 would have been sharply reduced by return of flight capital - in some cases, overcome, though all figures are dubious for these secret and often illegal operations.

It is imperative that we make consumers more aware of the long-term effects of their financial decisions, particularly in managing their credit card debt, so that they can avoid financial pitfalls that may lead to bankruptcy.

I've been working with Pat Robertson on Africa debt-relief, and we disagree on virtually everything except certain very specific, inalienable rights, and the truth is that morality and patriotism come in all shapes and sizes.

Being unemployed is even more disastrous for individuals than you'd expect. Aside from the obvious harm - poverty, difficulty paying off debts - it seems to directly affect people's health, particularly that of older workers.

It is critical that low-income consumers have access to alternative products and services such as rent-to-own. It gives working-class families opportunities to obtain decent household items without incurring the burden of debt.

Debt collectors should be required to disclose the applicable statute of limitations in the body of their collection letters, in bold type. While it's not illegal to dun a consumer for an old debt, it is illegal to sue for one.

I owe baseball all that I have and much of what I hope to have. Baseball made my entrance to the film industry immeasurably easier than I could have made it alone. To the greatest game in the world I shall be eternally in debt.

At most schools, if you switch majors, you basically start over. That means more semesters... and more money. The former might be appealing, but the latter is a major problem for a demographic already saddled with student debt.

It's disrespectful to tell the French in the morning that you're going to reduce the debt, in the evening that you're not going to make any savings, and the next morning, after thinking about it, that you're going to spend more.

Italy has piled up huge public debt because the successive governments were too close to the life of ordinary citizens, too willing to please the requests of everybody, thereby acting against the interests of future generations.

And being in the EU has given Britain a stronger voice in the world. Britain leads in Europe, from trade to climate change, from good governance to debt relief for the poorest nations, and in turn Europe helps to lead the world.

The minute a Wall Street firm purchases your debt, your bank no longer has it on its financial statement, which then allows the bank to look for more credit card customers. That's one reason why you get so many credit card offers.

Remember that in most cases, student loan debt is not dischargeable in bankruptcy. So you continue to pay it off anyway. Those who have very low interest rates (2-2.5 percent) on student loans and know everything is secure, great.

If there is one common theme to the vast range of crises...it is that excessive debt accumulation, whether it be by the government, banks, corporations, or consumers, often poses greater systemic risks than it seems during a boom.

Take any person, put them in the wrong environment, and they can get off to some pretty bad things. Warren Buffett has said that he would not like to get into debt because he doesn't want to discover what behavior he's capable of.

If Washington continues to fumble issues like taking care of the debt, getting the troops home, and rebuilding our economy, my wife and I may sit down and say, 'These are critical things and maybe we need to get back in the ball.'

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