He that lendeth to another in time of prosperity, shall never want help himself in the time of adversity.
The rich is the one that rules over those of little means, and the borrower is servant to the man doing the lending.
Money lending is a horrible profession. If we are to call it otherwise it is lawful plundering.
These are economic issues that should get resolved. There are creative solutions to every problem. Hopefully between the lending institutions and the city, we'll be able to find creative solutions.
I, who ne'erWent for myself a begging, go a borrowing,And that for others. Borrowing's much the sameAs begging; just as lending upon usuryIs much the same as thieving.
To borrow scarce is better than to beg; As lending, lending upon interest, Scarce better is than stealing.
Anyone believing the TPP is good for Americans take note: The foreign subsidiaries of U.S.-based corporations could just as easily challenge any U.S. government regulation they claim unfairly diminishes their profits - say, a regulation protecting American consumers from unsafe products or unhealthy foods, investors from fraudulent securities or predatory lending, workers from unsafe working conditions, taxpayers from another bailout of Wall Street, or the environment from toxic emissions.
One nation banking recognises that banks must not be isolated from the rest of the economy. Because banks and small businesses must succeed or fail together, banks must lend to small businesses so we can get the growth and jobs we need for the future. As things stand, that is not happening enough. Lending was down £10.8billion last year.
After the risky mortgage-lending practices fostered by government intervention led to massive defaults and foreclosures that caused financial institutions to collapse or be bailed out, Congressman Frank changed his tune completely.
Financial institutions have been merging into a smaller number of very large banks. Almost all banks are interrelated. So the financial ecology is swelling into gigantic, incestuous, bureaucratic banks-when one fails, they all fall. We have moved from a diversified ecology of small banks, with varied lending policies, to a more homogeneous framework of firms that all resemble one another. True, we now have fewer failures, but when they occur... I shiver at the thought.
Ending lending is beginning winning.
Whenever I feel I'm working in a groove it's invariably because I feel I am being the benefactor in the situation rather than the beneficiary. I am sharing my art with others, lending my craft to theirs, interest-free with no IOU.
To lend money without interest, is certainly an action laudable and extremely good; but it is obvious, that it is only a counsel of religion, and not a civil law.
That's always the way in this world. The chappies you'd like to lend money to won't let you, whereas the chappies you don't want to lend it to will do everything except actually stand you on your head and lift the specie out of your pockets.
If you'd lose a troublesome visitor, lend him money.
You can always make a loan at a bank if you can show sufficient evidence that you don't need it.
There's only one thing different about Barack Obama when it comes to being a Democratic presidential candidate. He's half African-American. Whether that will make any difference, I don't know. I haven't heard him have a strong crackdown on economic exploitation in the ghettos. Payday loans, predatory lending, asbestos, lead. What's keeping him from doing that? Is it because he wants to talk white? He doesn't want to appear like Jesse Jackson? We'll see all that play out in the next few months and if he gets elected afterwards.
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