Quotes of All Topics . Occasions . Authors
When I think of the future, I think of my 15 year old son Connor and my 12 year old daughter Meghan. I worry about their future because your kids are as important to you as mine are to me. And I am unwilling to leave our children with so much debt.
The men and women on the front lines of the war on terror continue to risk their lives to save ours - and for that we owe them a debt that we can never truly repay. Thanks to their efforts we have made tremendous progress. Yet, the job is not done.
The vast majority of debt that Anglo maintains is owed is strenuously disputed. However, I cannot now pay those loans which are due, following Anglo taking control of the Quinn Group of companies, which I and a loyal team spent a lifetime building.
The American people do not like privatization. They are afraid of the debt the president's willing to do. And they don't like benefit cuts. And everyone here should understand all 45 Senate Democrats are united. We are not going to let this happen.
Bankruptcy is a sacred state, a condition beyond conditions, as theologians might say, and attempts to investigate it are necessarily obscene, like spiritualism. One knows only that he has passed into it and lives beyond us, in a condition not ours.
Both parties recognize the fundamental danger the country's debt poses to our nation's future, but President Obama's policies have not reflected that reality. By the end of his first term, his administration will have nearly doubled our public debt.
It is my growing conviction that the Baptist churches in America are behind the age in missionary spirit. They now and then make a spasmodic effort to throw off a nightmare debt of some years' accumulation, and then sink back into unconscious repose.
I can't think of another enterprise other than being a homeowner that can't have its debt restructured in bankruptcy. Corporations can but a homeowner can't? Now with securitization the homeowner can't go to the owner of the loan and work things out.
'Toonami' was a tremendous vehicle, delivering the art of Japanese animation to a massive audience that may have otherwise never experienced it. I feel an immense debt of gratitude to everyone involved with the show and to every fan who supported it.
When I get asked the question, "Do I want to loan you money?" I want to know, how much do you earn? How much do you owe? What is your net worth? When people talk about countries for some reason they only ask how much did you earn and what's your debt?
This accumulated debt at all levels of our society poses an immediate existential threat to America. Now unlike the manufactured crises of global warming and healthcare, this is a true crisis. This crisis threatens the very sovereignty of our country.
public work brings a vicarious but assured sense of immortality. We may be poor, weak, timid, in debt to our landlady, bullied by our nieces, stiff in the joints, shortsighted and distressed; we shall perish, but the cause endures; the cause is great.
President Obama's reelection started the countdown for lawmakers to address the fiscal cliff and the statutory debt limit. Unless the President and House Republicans can agree on changes to current law, the U.S. economy will be in recession by spring.
I will always vote what I have promised, and always vote the Constitution, as well as I will not vote for one single penny that isn't paid for, because debt is the monster, debt is what's going to eat us up and that is why our economy is on the brink.
It was very important for us to hear that both European governments and the IMF are going to sustain and augment their commitment to Greece because they don't pursue the debt reduction route. They're actually extending more debt, more loans to Greece.
If there is anything in us, it is not our own; it is a gift of God. But if it is a gift of God, then it is entirely a debt one owes to love, that is, to the law of Christ. And if it is a debt owed to love, then I must serve others with it, not myself.
My parents believed in education and economic security, and I thank them for it. Because I think that's part of what's made my life stable. It was instilled in me. You have to be able to pay your bills. You do not get into debt. And I never have been.
We may end up with a world based more on equity than debt, or more on market debt instruments than bank intermediation; but how and why we get there is a mystery. Absent significant regulatory or tax changes, and a sharp transition could be disruptive.
I have long argued that paying down the national debt is beneficial for the economy: it keeps interest rates lower than they otherwise would be and frees savings to finance increases in the capital stock, thereby boosting productivity and real incomes.
It has been suggested that those of us who are fighting to defend liberty - fighting to turn around the out-of-control spending and out-of-control debt in this country, fighting to defend the Constitution, it has been suggested that we are wacko birds.
The romantic idea of the penniless writer is false. It's terrible. I hated being in debt. I hated the anxiety of not knowing whether we could pay our rent that month. Thankfully, I had a wife who was very supportive and had faith and shared my madness.
It wasn't until I stood in my truth and told everybody that I had $250,000 in credit card debt. At that point, everything turned around for me. I had to reveal the truth about what I didn't have, more than pretend about what I did. That was interesting.
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 can't tell you how much debt I took on to attend New York University because, at the time, I didn't care to notice. And besides, what teenager has a clue about interest rates? What I can tell you is that by my mid-20s, I owed somewhere around $50,000.
Stocks always go down much faster than they go up. That's why it's called a crash. People who put their money into the stocks will find, all of a sudden, that stock prices are no longer being supported by the debt leveraging that's been holding them up.
I don't have more money. I won't have more money than any of the candidates, even the Republican candidates. We know that already. But we are building this campaign team like I would build a business. And that is, we are building it so far with no debt.
You watch television and see what's going on on this debt ceiling issue. And what I consider to be a total lack of leadership from the President and nothing's going to get fixed until the President himself steps up and wrangles both parties in Congress.
The student-loan crisis has an underappreciated emotional valence too: The debt makes people miserable. In one survey, more than half of borrowers said that they have experienced depression because of their debt. Nine in 10 reported experiencing anxiety.
But sovereign debt is a wider question not only in Europe but across the globe. While every country is a unique case, I think it's not an issue of countries acting on their own. We need a more coordinated strategy not only in Europe but around the world.
The truth, Prime Minister, is that you have run out of our money. The country as a whole is now in negative equity. Every British child is born owing around 20,000 pounds. Servicing the interest on that debt is going to cost more than educating the child.
We believed it was better to pay as you go than it was to pay your bills by borrowing and laying up debts for another day. To pay as you go, that policy is a safer business policy and a saner business policy, and we thought it was a saner national policy.
Burlesque girls were alchemists. They were steel-tough performers who were willing to use kitchens as dressing rooms, haul their costume bags through the snow, and go into debt over fake diamonds, all for the five minutes onstage when they were goddesses.
The great Mediator asks for our repentance not because we must ‘repay’ him in exchange for his paying our debt to justice, but because repentance initiates a developmental process that, with the Savior’s help, leads us along the path to a saintly character
A beautiful deleveraging balances the three options. In other words, there is a certain amount of austerity, there is a certain amount of debt restructuring, and there is a certain amount of printing of money. When done in the right mix, it isn't dramatic.
I now find peace in the realization that countless potential masterpieces happen each moment the world over and go unphotographed. The world owes a great debt to all those who have, from a state of exceptional awareness, preserved stillness for us to hold.
How much in this world is charged to chance or fortune, or veiled under a more devout name, and accorded to Providence; while, when we come to look honestly into affairs, we find it to be a debt of our own accumulation, and one which we must inevitably pay.
In the world I lived in, the world of human people, there were ties and debts and consequences and good deeds. That was what bound people to society; maybe that was what constituted society. And I tried to live in my little niche in it the best way I could.
I think Mr. Obama is a disaster for business and a disaster for the United States. Not that Mr. Romney would be much better, but the Republicans understand the problem of excessive debt better than Mr. Obama, who basically doesn't care about piling up debt.
No other facet of American business is more corrupt, more intoxicated with illegality, more weakly regulated, and has a greater impact on poor and working people than debt collectors; not credit card companies or subprime mortgages, not even payday lenders.
Under its current form, that is imperialism-controlled, debt is a cleverly managed re-conquest of Africa, aiming at subjugating its growth and development through foreign rules. Thus, each one of us becomes the financial slave, which is to say a true slave.
If you have a lot of short-term debt, it means that all of that money can be demanded in a very short period of time. Technically, short-term debt means money that's coming due within a year. Typically, it means money that's coming due within 30 to 90 days.
King of England, and you, duke of Bedford, who call yourself regent of the kingdom of France... settle your debt to the king of Heaven; return to the Maiden, who is envoy of the king of Heaven, the keys to all the good towns you took and violated in France.
I have serious concerns about whether it's prudent to give any foreign country substantial leverage over the U.S. economy. Instead of spending $80 billion on important programs here at home, we're sending this money overseas just to pay interest on our debt.
What we are effectively doing, I say this to the young people of America whom my colleagues represent, is leaving our children and grandchildren the tab for fighting a war, letting them pay for the lion's share of it by simply adding it to the national debt.
The majority of them give the impression of being men who have been drafted into the job during a period of martial law and are only waiting for the end of the emergency to get back to a really congenial occupation such as slum demolition or debt collecting.
Every American born today owes $43,000 to the federal government the day she or he is born. And we are transferring a tremendous amount of debt to the new generation, much of it owed to overseas creditors who expect to be repaid by our children with interest.
Look, half the men who signed the Declaration of Independence were either in debt or bankrupt. The remaining half, most of them lost all their possessions. The only reason Monticello didn't get burned to the ground was that the British patrol missed the road.
The national debt is totally unlike a family budget for about a gazillion reasons, not the least of which being that families cannot raise money by fiat or deflate the size of their debt unilaterally and that family members die instead of existing infinitely.
The restructuring theme can be of various kinds. Some amount of debt gets serviced out of cash flows, some gets back-ended and resolved with sale of non-core assets of the company, and some debt gets converted into equity which might today look like a haircut.
All the central banks are doing is substituting one form of debt with another form of debt. They're issuing short term debt and using it to buy long term debt. In finance, we tend to think that's a neutral activity, even though those stimulus programs are huge.