Debt Quotes - Page 14

• The people of this nation are eminently a trafficking people; and the present standard of honesty, as to trade and debts, is very low, and every year seems sinking still lower.

  Catharine Beecher

  Honesty, Years, People

  Catharine Beecher, Harriet Beecher Stowe (2008). “American Woman's Home”, p.285, Applewood Books

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• At some time, here or hereafter, every account must be settled, and every debt paid in full.

  John H. Vincent

  Justice, Accounts, Paid In Full

  "Dictionary of Burning Words of Brilliant Writers". Book by Josiah Hotchkiss Gilbert, p. 361, 1895.

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• charity is a calm, severe duty; it must be intellectual, to be advantageous. It is a strange mistake that it should ever be considered a merit; its fulfillment is only what we owe to each other, and is a debt never paid to its full extent.

  Letitia Elizabeth Landon

  Mistake, Compassion, Intellectual

  Letitia Elizabeth Landon (1857). “The Complete Works of L. E. Landon ...”

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• We see young men who owe us a new world, so readily and lavishly they promise, but they never acquit the debt; they die young anddodge the account: or if they live, they lose themselves in the crowd.

  Ralph Waldo Emerson

  Men, Promise, World

  Ralph Waldo Emerson (1981). “The Portable Emerson: New Edition”, p.204, Penguin

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• There is nothing that we can properly call our own but our time, and yet everybody fools us out of it who has a mind to do it. If a man borrows a paltry sum of money, there must needs be bonds and securities, and every common civility is presently charged upon account. But he who has my time thinks he owes me nothing for it, though it be a debt that gratitude itself can never repay.

  Seneca the Younger

  Gratitude, Time, Men

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• Is the price of sin something that can be paid off like a debt?

  Jo Min-Hyuk

  Drama, Sin, Paid Off

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• Said an opponent to me after my last protest was sent in, what party would you vote for, if you could? Neither. I would have a moral sentiment party. I would know the private character of my candidate, would know also whether he takes care of his own property - whether he had failed in business - if so, whether he had paid back every dollar of debt as fast as he had earned them. Yes, every candidate should be examined morally, and if it be found that he has not been true to the monitions of conscience in one direction, he cannot or will not be in another.

  Harriot Kezia Hunt

  Party, Character, One Direction

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• I must say, I never expected to see the day where I would be talking about anything other than reducing the debt, I'm running into the tyranny of zero, which is where you can't reduce (the debt) any more

  Alan Greenspan

  Running, Zero, Talking

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• I have now the gloomy prospect of retiring from office loaded with serious debts, which will materially affect the tranquility of my retirement.

  Thomas Jefferson

  Retirement, Office, Serious

  Thomas Jefferson, Jerry Holmes (2002). “Thomas Jefferson: A Chronology of His Thoughts”, p.211, Rowman & Littlefield

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

  Ralph Waldo Emerson

  Generosity, Giving, Persons

  Ralph Waldo Emerson (1851). “Essays, lectures and orations”, p.239

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• Bet on black. Buy low-debt or no-debt companies. When the economy is in trouble, these companies usually have enough cash on hand to stay out of trouble. And they seldom need to borrow when interest rates are high.

  Nancy Dunnan

  Hands, Black, Cash

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• Very early in my childhood I associated poverty, toil, unemployment, drunkenness, cruelty, quarreling, fighting, debts, jail with large families.

  Margaret Sanger

  Family, Fighting, Jail

  Margaret Sanger, Michael W. Perry, H. G. Wells (2003). “The Pivot of Civilization in Historical Perspective: The Birth Control Classic”, p.308, Inkling Books

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• The first task of the Federal Reserve system would be to finance the World War. The European nations were already bankrupt, because they had maintained large standing armies for almost fifty years, a situation created by their own central banks, and therefore they could not finance a war. A central bank always imposes a tremendous burden on the nation for "rearmament" and "defense", in order to create inextinguishable debt, simultaneously creating a military dictatorship and enslaving the people to pay the "interest" on the debt which the bankers have artificially created.

  Eustace Mullins

  Military, War, Army

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• 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.

  Henry David Thoreau

  School, Half, Faces

  Henry David Thoreau (2013). “The Essential Thoreau”, p.303, Simon and Schuster

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• If I were just to read briefing books or I were just to engage in the political back and forth, would I have heard what a big problem mental health is in New Hampshire? Would I have heard people say they're really worried about the impact on young people because New Hampshire has the highest tuition and debt problems in the country? i'm not sure I would have.

  Hillary Clinton

  Country, Book, Health

  "Welcome to Hillary Clinton's classroom" by Eric Bradner, www.cnn.com. April 22, 2015.

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• Love heals violence and all its sources. Love only serves and does not calculate. Love gives without expectation, while hate carries an endless tally of debts. Hate controls everything it touches, but love sets everything it touches free.

  Bryant H. McGill

  Love, Hate, Giving

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• We owe to genius always the same debt, of lifting the curtain from the common, and showing us that divinities are sitting disguised in the seeming gang of gypsies and peddlars.

  Ralph Waldo Emerson

  Genius, Sitting, Divinity

  Ralph Waldo Emerson (2004). “A Dream Too Wild: Emerson Meditations for Every Day of the Year”, Unitarian Universalist Association of Congregations

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• We owe an enormous debt of gratitude to those who serve or have served in our countrys military, as well as to the families of those individuals. Whether protecting our freedoms in foreign fields or making contributions here at home, the value these men and women bring to the American workforce and our way of life is beyond measure.

  Sylvia Mathews Burwell

  Gratitude, Military, Home

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• Never go into debt to become a writer. Always find other ways to support yourself so you can do the work you truly love for the right reasons. Never ask your art to support you. If you ask your art to support you it will either end up comprised or you'll be disappointed with it. It's a lot to ask of creativity for it to provide for you financially. Find a scrappy way to get by and then do the work you love for the reasons you love.

  Elizabeth Gilbert

  Art, Creativity, Support You

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• The oldest and most important currency is debt.

  Kabir Sehgal

  Important, Currency

  Source: www.choprafoundation.org

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• I try never to worry in general. Worry is interest paid in advance on a debt that never comes due.

  Kevin Smith

  Worry, Trying, Interest

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• Italy may well be the main problem. It has benefited most from the euro by having been able to get the euro interest rate instead of what otherwise would have been its own. That would be much higher because Italy has been accumulating so much debt. In the past, Italy has inflated away its debt. The virtue of the euro is that Italy can't do it alone. A tight ECB policy wouldn't permit that to happen again.

  Milton Friedman

  Past, Would Be, May

  Source: www.huffingtonpost.com

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• If you look at the balance sheet, the US is heavily in debt. If you look at the income account - the amount of interest the US pays abroad - it is almost exactly equal to the amount of interest that it receives from abroad. American assets held abroad are earning a higher rate of return than foreign assets held here.

  Milton Friedman

  Balance, Income, Looks

  Source: www.huffingtonpost.com

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• It doesn't worry me a bit that China and Japan hold so much US debt. In a way, it seems foolish for them to do it because they get lower returns than they might elsewhere. But that is their business.

  Milton Friedman

  Japan, Worry, Might

  Source: www.huffingtonpost.com

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• Money is created through bank debt. When you go for a mortgage through a bank, they give you $100,000 to buy a house and basically send you out into the world to bring back $200,000 in the next twenty years. The first $100,000 is principal, and the second is interest.

  Bernard Lietaer

  Years, Giving, House

  Interview with Tracy Fernandez Rysavy, www.greenamerica.org. 2009.

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