I went to Washington to ask for a little residual payment for the people who had written films in the early, early days, people who never got any residuals on tapes or anything at all.
At its most basic the democratic contract is a simple one: the right to vote comes with a responsibility to society, through tax payments and citizenship.
Well I am afraid that I am going to die, because I have just put a down payment on a house.
The payment made by a manufacturer to a patentee for the privilege of using the patent process, is usually termed, in commercial language, a rent; and under the same head must be ranked all extraordinary qualities of body and mind.
A successful artist is inspired by his muse, and his muse is inspired by the payment of a commission.
It is folly to imagine that the aggressive types, whether individuals or nations, can be bought off ... since the payment of danegeld stimulates a demand for more danegeld. But they can be curbed. Their very belief in force makes them more susceptible to the deterrent effect of a formidable opposing force.
But spirituality, it seems to me, when answering the question, "Why should I be good? Why should I care for others?" says, "Because that is the best, most fulfilling way to live" Whether or not you receive an award or a payment is incidental. You are good and kind and loving because it is right, even though it is difficult sometimes. It fulfills the highest law, to treat others as we wish to be treated.
The United States as usual has a sizable deficit in the current account of its balance of payments, trade account and other current accounts, current account items.
Back in those days, in the fifties and sixties, countries had balance of payment's deficits or surpluses, those were reflected much more than today in movements of reserves among countries.
So if the euro, if Euroland is to become a reserve center, if the euro is to become a reserve currency, Euroland will have to have a deficit in its overall balance of payments.
The aim of promoting low down payments is to push prices back up so that fewer houses are going to be in negative equity and fewer people are going to walk away from the mortgages. That will save the from taking a loss on their junk mortgage loans.
Everybody would be better off if they could buy housing for only, let's say, a carrying charge of one-quarter of their income. That used to be the case 50 years ago. Buyers had to save up and make a higher down payment, giving them more equity - perhaps 25 or 30 percent. But today, banks are creating enough credit to bid up housing prices again.
Deflation is a leakage from this circular flow, to pay banks and the real estate, called the FIRE sector - finance, insurance and real estate. These transfer payments leave less and less of the paycheck to be spent on goods and services, so markets shrink.
Nixon clearly broke the law in the cover up of Watergate and hush money payments. That was all criminal activity. With these guys, we're not talking about the kind of common crimes that Nixon committed. I can't tell you whether they are technically breaking the law, but basically, the American government has been hijacked by neoconservatives. They are taking an awful lot of national security operations into the White House.
I'm not a fan of debt consolidation. In my experience, many people "clear" credit cards and other debt to get the one payment and never change what they need to change to prevent getting into debt again.
If you look at payments to labor as a proportion of national income or gross domestic product, you find profits going way up, investment and savings going up.
All I need as payment is a smile. That just really pushes me forward so that I'm always capturing the next opportunity to develop myself.
If only 50 or more people were doing for the country what I have been doing, there would not be a pay freeze or a balance of payments problem.
Cash-payment is not the sole nexus of man with man.
The man at the top of the intellectual pyramid contributes the most to all those below him, but gets nothing except his material payment, receiving no intellectual bonus from others to add to the value of his time. The man at the bottom who, left to himself, would starve in his hopeless ineptitude, contributes nothing to those above him, but receives the bonus of all of their brains. Such is the nature of the 'competition' between the strong and the weak of the intellect. Such is the pattern of 'exploitation' for which you have damned the strong.
We chose to frame "March" around the inauguration of Barack Obama because it was such an important moment in the story of the Civil Rights Movement. It wasn't the fulfillment of Dr. [Martin Luther] King's dream, but it was a major down payment.
In proportion to the mental energy he spent, the man who creates a new invention receives but a small percentage of his value in terms of material payment, no matter what fortune he makes, no matter what millions he earns. But the man who works as a janitor in the factory producing that invention, receives an enormous payment in proportion to the mental effort that his job requires of him. And the same is true of all men between, on all levels of ambition and ability.
Life is short and far too fragile. Whatever you dream of doing, begin. Put a first step or a "down payment" on your schedule and make it happen. Create memories. Have fun. Have an adventure. Take a (reasonable) risk. Be audacious. Laugh out loud. See what happens.
Debt is so ingrained into our culture that most Americans can't even envision a car without a payment ... a house without a mortgage ... a student without a loan ... and credit without a card. We've been sold debt with such repetition and with such fervor that most folks can't conceive of what it would be like to have NO payments.
We may never be able to pay directly for the gifts of true friendship - but pay we must, even though we make our payment to someone who owes us nothing, in some other place and at some other time.
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