Loan Quotes - Page 11

• Student loans are destroying the imagination of youth. If there’s a way of a society committing mass suicide, what better way than to take all the youngest, most energetic, creative, joyous people in your society and saddle them with, like $50,000 of debt so they have to be slaves? There goes your music. There goes your culture. There goes everything new that would pop out. And in a way, this is what’s happened to our society. We’re a society that has lost any ability to incorporate the interesting, creative and eccentric people.

  David Graeber

  Suicide, People, Imagination

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• Each central banksought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world.

  Carroll Quigley

  Country, Government, Bankers

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• A banker is a person who is willing to make you a loan if you present sufficient evidence to show you don't need it.

  Herbert V. Prochnow

  Business, Bankers, Needs

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• Deliver me from all evildoers that talk nothing but sickness and failure. Grant me the companionship of men who think success and men who work for it. Loan me associates who cheerfully face the problems of a day and try hard to overcome them. Relieve me of all cynics and critics. Give me good health and the strength to be of real service to the world, and I'll get all that's good for me, and will what's left to those who want it.

  William Feather

  Real, Men, Thinking

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• Business is about problem-solving, but it does not always have to be about maximizing profit. When I went into business, my interest was to figure out how to solve problems I see in front of me. That's why I looked at the poverty issue. I got involved in lots of things to address it, and one of them was money lending with loans and credits and savings accounts, and in the process I created Grameen Bank. So you can also have social objectives. Ask yourself these questions: Who are you? What kind of world do you want?

  Muhammad Yunus

  Business, Issues, Addresses

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• When you finish college, you don’t suddenly have thousands of dollars a year to spend elsewhere - in fact, you have to find a way to pay back your loans.

  Maya MacGuineas

  College, Years, Dollars

  "Did Obama's speech play fast and loose with the facts?" by Deborah Charles, www.reuters.com. September 7, 2012.

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• When banks place credits into your account, they are merely pretending to lend you money. In reality, they have nothing to lend. Even the money that non-indebted depositors have placed with them was originally created out of nothing in response to someone else's loan. So what entitles the banks to collect rent on nothing? It is immaterial that men everywhere are forced by law to accept these nothing certificates in exchange for real goods and services. We are talking here not about what is legal, but what is moral.

  G. Edward Griffin

  Real, Men, Talking

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• For the last one hundred and fifty years, the history of the House of Rothschild has been to an amazing degree the backstage history of Western Europe...Because of their success in making loans not to individuals but to nations, they reaped huge profits...Someone once said that the wealth of Rothschild consists of the bankruptcy of nations.

  Frederic Morton

  Years, Europe, House

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• People internalize, from the jail to student loan debt, to credit card debt, to unemployment to the whole collective. It manifests itself in many ways, in people's home lives, domestic stuff.

  Jesse Jackson

  Home, Jail, People

  "Rev. Jackson opens up about son" by Katie Glueck, www.politico.com. August 17, 2012.

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• Lenders, including major credit companies as well as payday lenders, have taken over the traditional role of the street-corner loan shark, charging the poor insanely high rates of interest.

  Barbara Ehrenreich

  Taken, Sharks, Roles

  "Preying on the Poor". www.tomdispatch.com. May 17, 2012.

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• Bank of America is to sweetheart loans and Democratic Party payoffs as Paula Deen is to sugar and bacon grease.

  Michelle Malkin

  Party, America, Grease

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• Never expect a loan to a friend to be paid back if you want to keep that friend.

  Bryant H. McGill

  Want, Never Expect, Paid

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• And we can see the positive impacts right here at Solyndra. Less than a year ago, we were standing on what was an empty lot. But through the Recovery Act, this company received a loan to expand its operations. This new factory is the result of those loans.

  Barack Obama

  Positive, Recovery, Impact

  Barack Obama's Remarks on the Economy in Fremont, California, obamawhitehouse.archives.gov. May 26, 2010.

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• Even if you were to fall into extreme financial hardship and file for bankruptcy, you need to understand that your student loan debt will not be discharged in bankruptcy. It is the Velcro of all debts.

  Suze Orman

  Fall, Financial Hardship, Velcro

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• Quite frankly, Barack Obama knows what it's like to pay a mortgage and student loans. He knows what it's like to watch a beloved family member in a medical crisis and worry that treatment is out of reach. Barack Obama knows our struggles. And, my friends, he shares our values.

  Ted Strickland

  Struggle, Worry, Pay

  "Ted Strickland Speech Text: Read The Former Governor’s DNC Remarks". www.huffingtonpost.com. September 04, 2012.

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• I'm a neurotic Jew who doesn't want loans. I can't even carry a balance on my credit card without having a nervous breakdown.

  Duff Goldman

  Balance, Cards, Credit

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• By taking out a loan, I am committing myself to years of interest repayments, and therefore to years of wage slavery. And the UK has been borrowing like crazy since 1694, when the Bank of England was invented. This means that we are locked into high taxation to pay for 300 years of wars and other costly and generally disastrous state enterprises.

  Tom Hodgkinson

  Crazy, War, Mean

  "Ideas for modern living: usury" by Tom Hodgkinson, www.theguardian.com. April 3, 2010.

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• Nobody wants to read about the honest lawyer down the street who does real estate loans and wills. If you want to sell books, you have to write about the interesting lawyers - the guys who steal all the money and take off. That's the fun stuff.

  John Grisham

  Fun, Real, Book

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• My mom enlisted in the U.S. Navy in World War II, and my parents actually bought our home thanks to the loan she got through the GI Bill.

  Thomas Friedman

  Mom, War, Home

  Thomas L. Friedman, Michael Mandelbaum (2011). “That Used to Be Us: How America Fell Behind in the World It Invented and How We Can Come Back”, p.12, Macmillan

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• There's more student debt than credit card debt! Everywhere I go, I run into young people trying to build careers while they keep shelling out money on their education loans. If the economy is looking for a new generation of home-buyers, I can't imagine they'll get it from these folks.

  Gail Collins

  Running, Home, Careers

  "The Value of College". Interview with David Brooks, opinionator.blogs.nytimes.com. April 25, 2012.

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• Especially if you're over 40, shortening the term of your loan to pay it off sooner could make you mortgage-free in retirement.

  Barbara Corcoran

  Retirement, Pay, Mortgage

  "Will you save in the long run? Refinancing 101" by Barbara Corcoran, www.today.com. March 17, 2010.

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• No loan is free. The costs are in your loan somewhere, maybe rolled into the amount to be refinanced or even coming at a higher interest rate.

  Barbara Corcoran

  Cost, Interest, Rate

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• I don't think we need to extend unemployment any further without paying for it, and without making some modifications such as turning it into a loan at some point. It then encourages people to go back to work.

  Jim DeMint

  Thinking, People, Unemployment

  "DeMint To Oppose 'the Deal'". "The Hugh Hewitt Show" with Hugh Hewitt, www.hughhewitt.com. December 7, 2010.

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• Engineering undergraduates should not be charged fees. They should receive grants, not student loans, and the government will get the money back long-term from increased exports.

  James Dyson

  Government, Engineering, Long

  "Scrap tuition fees for engineering students, urges James Dyson" by Dan Milmo, www.theguardian.com. September 6, 2012.

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• And I think it's that time. And I think if you just step aside and Mr. Romney can kind of take over. You can maybe still use a plane. Though maybe a smaller one. Not that big gas guzzler you are going around to colleges and talking about student loans and stuff like that.

  Clint Eastwood

  College, Thinking, Talking

  "Transcript of Clint Eastwood speech at RNC". www.foxnews.com. August 30, 2012.

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