Debt Quotes - Page 31

• 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.

  Rush Limbaugh

  Government, Derivatives, Students

  Source: www.rushlimbaugh.com

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• What I think is bugging this guy [Steven Lerner] is the belief that debt - forced debt upon middle-class people, students (i.e., student loans and so forth) - has made Wall Street bankers and financial people excessively, unfairly, out-of-proportionally rich.

  Rush Limbaugh

  Wall, Thinking, Class

  Source: www.rushlimbaugh.com

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• This is a guy [Steven Lerner] who believes, for example, that Reaganomics or trickle-down economics means, "The rich got rich by stealing from the poor," or stealing from the middle class and making them poor via debt. He has worked with unions in Europe.

  Rush Limbaugh

  Believe, Mean, Europe

  Source: www.rushlimbaugh.com

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• When you look at our trade deals that are so bad. Our debt has doubled in seven and a half years to almost $20 trillion, under [Barack] Obama.

  Donald Trump

  Years, Looks, Half

  Source: time.com

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• I do think [in USA] is a need for change. There is something wrong when you have $20 trillion of debt and crumbling infrastructure at the same time, and really fewer people employed than have been. Something is wrong.

  Ken Moelis

  Thinking, Crumbling Infrastructure, Usa

  Source: nordic.businessinsider.com

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• President Obama has almost doubled our national debt to more than $19 trillion, and growing. And yet, what do we have to show for it? Our roads and bridges are falling apart, our airports are Third World condition, and forty-three million Americans are on food stamps.

  Donald Trump

  Fall, Bridges, Airports

  Donald Trump’s Speech at the Republican National Convention in Cleveland, abcnews.go.com. July 22, 2016.

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• I never got into debt because my parents had drummed into me at a young age: if you can't afford it, you can't have it.

  Kate Thornton

  Parent, Age, Young

  Source: www.dailymail.co.uk

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• We inherited a national debt that has doubled in eight years. Think of it - $20 trillion. It's doubled. And we inherited a foreign policy marked by one disaster after another. We don't win anymore. When was the last time we won? Did we win a war? Do we win anything? Do we win anything? We're going to win. We're going to win big, folks. We're going to start winning again, believe me.

  Donald Trump

  War, Believe, Winning

  Source: www.businessinsider.com

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• Debt is not just a money thing. It's about owing and being owed. Money is just one thing you can exchange. You can exchange good deeds, you can exchange revenge, you can exchange murders.

  Margaret Atwood

  Revenge, Deeds, Owing

  Source: www.macleans.ca

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• It's very hard for students not to be in debt unless they've got big scholarships or rich parents. And it's called investing in your future, but like any investment it's risky because your future is an unknown quantity. However, if you don't invest in your future, you may be flipping hamburgers for the rest of your life. So it's a real dilemma.

  Margaret Atwood

  Real, Parent, Investing

  Source: www.macleans.ca

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• The biggest debt is always the government debt; it's always debt that government has run up on your behalf.

  Margaret Atwood

  Running, Government, Behalf

  Source: www.macleans.ca

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• Our biggest moral debt is to the environment. Take-take-take, nothing given back.

  Margaret Atwood

  Moral, Environment, Given

  Source: www.macleans.ca

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• It was exciting to work with director Jennifer Baichwal, who made Manufactured Landscapes and others, on the film of Payback: Debt and the Shadow Side of Wealth. It's called, simply, PAYBACK. Jennifer didn't want to do a transliteration of the book, a kind of illustrated version, but to go into the core of the book: owing and being owed, paying and paying back, on all sorts of levels. So she found real-life, visceral stories that embodied the themes of the book.

  Margaret Atwood

  Real, Book, Shadow

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• The film [Payback: Debt and the Shadow Side of Wealth] opens with an Albanian blood feud and goes on to delve into, for instance, prison systems, underpaid tomato pickers, the gulf oil spill. It's all woven together in a sensuous, oblique way that's not the same as the single-message kind of documentary we're used to, with an "answer" at the end. It's more like an exploration. Sort of like what you do with Birth of a Nation.

  Margaret Atwood

  Oil, Blood, Together

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• I was delighted with the film [Payback: Debt and the Shadow Side of Wealth]; it almost made me want to be a film-maker!

  Margaret Atwood

  Shadow, Payback, Want

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• People just want to see something happen that is positive for them in their lives. If you're struggling to pay your student-loan debts, or if you've got a kid trying to go to college and don't think you're going to be able to afford it, it really matters whether you get help or not. If you don't have health care or you have insurance but the insurance company won't pay for what your doctor says you need, then what's the point of people arguing in Washington? Why don't you give me some help to fix this problem? I will work with anybody if I think we can actually produce results for people.

  Hillary Clinton

  Struggle, Kids, College

  Source: www.marieclaire.com

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• I think a lot of voters have certain cognitive dissidence. Donald Trump is getting social conservatives, economic conservatives, some Libertarian, some supply side conservatives, debt hawks. The conservative and Republican base is not monolithic. It has subsets that he seems to be appealing to all of them.

  Roger Stone

  Thinking, Libertarian, Voters

  Source: www.realclearpolitics.com

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• There are hundreds and thousands of young Americans who cannot or will not receive an education, because in order to get an education, you have to spend money. Students come out of college and universities with unbelievable debt. It's not right, it's not fair, and it's not just, in a society such as ours. And those dollars are not going to the teachers.

  John Lewis

  Teacher, College, Order

  Source: www.teachingbooks.net

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• The Fed needs to adopt new tools, on its own and perhaps in cooperation with the other parts of the US government, to improve the economy from the bottom up. This includes increasing facilities for debt forgiveness for under-water mortgages and excessive student loans; increased credit facilities for small businesses and cooperatives; helping to underwrite mechanisms for creating affordable housing in cities; and more restrictive enforcement of financial regulatory rules to help rein in excessive banker risk and pay.

  Gerald Epstein

  Government, Cities, Creating

  Source: www.truth-out.org

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• 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.

  Alan M. Taylor

  Transition, World, May

  Source: www.truth-out.org

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• At the moment we have a critical situation in Greece. Even as we speak, where there is an open attempt by the EU to destroy Syriza by splitting it. There is a German obstinacy and utter refusal to seriously consider an alternative. The reason isn't even a lack of money, because money swims around the EU coffers endlessly, and they could write off the debt tomorrow if they wanted. But they don't want to do so, because of the election of a left-wing government. They want to punish Syriza in public, to humiliate it so that this model doesn't go any further than Greece.

  Tariq Ali

  Writing, Wings, Government

  Source: www.counterpunch.org

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• The United States is the most indebted country in the world. It has almost 17 billion dollars of debt with the rest of the world while living off the world's savings. They are living off the savings of the people of Greece, the savings of the people of Spain, France etc. All of those countries that save their reserves in the banks in dollars are simply financing the American economy, and that is why the average American citizen consumes two and a half times more than their income.

  Alejandro Castro Espin

  Country, Average, Two

  "The Future of Cuba". Interview with Lasonas Pipinis Velasco, www.counterpunch.org. February 27, 2015.

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• In the southern countries and in the regions and continents like Africa, which is where the origin of life on earth began, there is tremendous debt on humanity, it is one of the most underdeveloped areas and where the worst pandemics exist. In many incidents the European powers that colonized them are now not even capable of helping them.

  Alejandro Castro Espin

  Country, Origin Of Life, Southern

  "The Future of Cuba". Interview with Lasonas Pipinis Velasco, www.counterpunch.org. February 27, 2015.

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• I belong to a generation that had so many choices available. In 1970, when [former premier Robert] Bourassa launched the James Bay development project, nobody in Quebec asked whether we had the means to do it. Today could we launch another James Bay? Imagine the debates we'd have? We were a young, rich society with almost no debt. The generation that comes after us, and which will lead Quebec, must also have choices. And for that, they'll need financial manoeuvring room.

  Philippe Couillard

  Mean, Choices, Needs

  Source: www.macleans.ca

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• One big theme for me is that we have got to move from an economy built on debt to one where we save and invest in the future.

  George Osborne

  Moving, Economy, Theme

  Source: blog.moneysavingexpert.com

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