Banking Quotes - Page 7

• Sound money and free banking are not impossible; they are merely illegal.

  Hans F. Sennholz

  Sound, Impossible, Illegal

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• On the Glass-Steagall thing, like I said, if you could demonstrate to me that it was a mistake, I'd be glad to look at the evidence. But I can't blame [the Republicans]. This wasn't something they forced me into. I really believed that given the level of oversight of banks and their ability to have more patient capital, if you made it possible for [banks] to go into the investment banking business as continental European investment banks could always do, that it might give us a more stable source of long-term investment.

  William J. Clinton

  Mistake, Glasses, Long

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• In my opinion humanity is being prayed upon, I mean as a species. Not only by old satanic families like the Rothschilds and Rockefellers, Collins, Dupont, Warner, Russell, the world's monarchies, the Vatican. But also prayed upon by these family's employees, by governments, by the military, by banking institutions, by academia. So who does that leave? That's all the people who aren't wealthy, aren't connected, aren't educated, who are easy to manipulate, are easy to persecute and who don't believe any of the issues which you cover on Red Ice. And that's a problem. And that breaks my heart.

  Sean Young

  Military, Believe, Heart

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• I particularly remember the time I gave (the research director) my paper on the banking industry. I felt very proud of my work. However, he read through it and said, 'This is useless. What makes the stock go up and down?' That comment acted as a spur. Thereafter, I focused my analysis on seeking to identify the factors that were strongly correlated to a stock's price movement as opposed to looking at all the fundamentals. Frankly, even today, many analysts still don't know what makes their particular stocks go up and down.

  Stanley Druckenmiller

  Spurs, Directors, Analysis

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• Anyone interested in the past, present, or future of banking and financial crises should read The Bankers' New Clothes. Admati and Hellwig provide a forceful and accessible analysis of the recent financial crisis and offer proposals to prevent future financial failures. While controversial, these proposals--whether you agree or disagree with them--will force you to think through the problems and solutions.

  Michael J. Boskin

  Past, Thinking, Clothes

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• Tragically, some people believe they are going to heaven when they die just because a few drops of water were sprinkled over their heads a few weeks after their birth. They have no personal faith, have never made a personal decision, and are banking on a hollow ceremony to save them. How absurd.

  Max Lucado

  Believe, People, Water

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• The system of banking have[for]ever reprobated. I contemplate it as a blot left in all our Constitutions, which, if not covered, will end in their destruction, which is already hit by the gamblers in corruption, and is sweeping away in its progress the fortunes and morals of our citizens.

  Thomas Jefferson

  Progress, Citizens, Moral

  Thomas Jefferson, Henry Augustine Washington (1854). “The Writings of Thomas Jefferson: Correspondence, contin”, p.605

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• You are a den of vipers. I intend to rout you out and by the Eternal God I will rout you out. If the people only understood the rank injustice of our money and banking system, there would be a revolution before morning.

  Andrew Jackson

  Morning, Nwo, People

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• The dominion which the banking institutions have obtained over the minds of our citizens...must be broken, or it will break us.

  Thomas Jefferson

  Broken, Historical, Mind

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• When the Federal Reserve Act was passed, the people of these United States did not perceive that a world banking system was being set up here. A super-state controlled by international bankers and international industrialists acting together to enslave the world for their own pleasure. Every effort has been made by the Fed to conceal its powers but the truth is - The Fed has usurped the government!!

  Louis Thomas McFadden

  Government, People, Effort

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• Those not favorable to the money trust could be squeezed out of business and the people frightened into demanding changes in the banking and currency laws which the Money Trust would frame.

  Charles August Lindbergh

  Law, People, Historical

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• I was as secretive - indeed, as furtive - as any conspirator. Discovery, we knew, simply must not happen, or else all our time and effort would be wasted. If it were to be exposed that our particular group had got together and written a banking bill, that bill would have no chance whatever of passage by Congress.

  Frank A. Vanderlip

  Discovery, Effort, Historical

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• And the banks - hard to believe in a time when we're facing a banking crisis that many of the banks created - are still the most powerful lobby on Capitol Hill. And they frankly own the place.

  Dick Durbin

  Powerful, Believe, Banking Crisis

  "Dick Durbin: Banks “Frankly Own The Place”". www.huffingtonpost.com. May 30, 2009.

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• The UN is but a long-range, international banking apparatus clearly set up for financial and economic profit by a small group of powerful One-World revolutionaries, hungry for profit and power.

  Curtis Bean Dall

  Powerful, Order, Nwo

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• Whether or not you have good consumer protection has a big effect on safety and soundness of the banking community, especially smaller banks.

  Judd Gregg

  Safety, Community, Protection

  "Financial Regulatory Reform: Washington 'Going Stupid' Again?". "On the Record", www.foxnews.com. April 20, 2010.

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• There's definitely evidence that capitalism at its most ruthless rewards psychopathic behavior. When you look at the worst corners of the American health insurance industry or the sub-prime banking market, it really feels like the more psychopathically someone behaves, the more it's rewarded.

  Jon Ronson

  Looks, Rewards, Behavior

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• There was, of course, a global financial crisis. But our Labour predecessors left Britain exceptionally vulnerable and damaged: more personal debt than any other major economy; a dangerously inflated property bubble; and a bloated banking sector behaving as masters, not the servants of the people.

  Vince Cable

  Banking Crisis, People, Debt

  Liberal Democrat conference: Vince Cable speech in full, www.theguardian.com. September 22, 2010.

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• With regard to Banks, they have taken too deep and too wide a root in social transactions, to be got rid of altogether, if that were desirable. They have a hold on public opinion, which alone would make it expedient to aim rather at the improvement, than the suppression of them. As now generally constituted, their advantages whatever they be, are outweighed by the excesses of their paper emissions, and the partialities and corruption with which they are administered.

  James Madison

  Taken, Roots, Public Opinion

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• The full history of the interlocking participation of the Imperial German Government and international finance in the destruction of the Russian Empire is not yet written...It is not a mere coincidence that at the notorious meeting held at Stockholm in 1916, between the former Russian Minister of the Interior, Protopopoff, and the German Agents, the German Foreign Office was represented by Mr. Warburg, whose two brothers were members of the international banking firm, Kuhn, Loeb and Company, of which the late Mr. Jacob Schiff was a senior member.

  Boris Brasol

  Senior, Brother, Government

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• If we're talking about buying exchanges abroad, we have to have global securities standards, as we have global banking regulations. I'm talking about margins. Now, the United States has certain margin requirements that are not the same in London. Investors and hedge funds that want to borrow more money against securities ? if they can't in the U.S., they go abroad. That could add additional risks to the global economy.

  Muriel Siebert

  Talking, Risk, United States

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• Banking and after-dinner speaking are two of the most nonessential industries we have in this country. I am ready to reform, if they are.

  Will Rogers

  Country, Two, Reform

  Will Rogers, Bryan B. Sterling (1995). “Will Rogers Speaks: Over 1,000 Timeless Quotations for Public Speakers (writers, Politicians, Comedians, Browsers ...)”, M Evans & Company

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• But at some point, you know that - you know what poem keeps going through my mind is, "first they came for the Jews." People, all of us, are like, "Well, this news doesn't really affect me." "Well, I'm not a bondholder." "Well, I'm not in the banking industry." "Well, I'm not a big CEO." "Well, I'm not on Wall Street." "Well, I'm not a car dealer." "I'm not an auto worker." Gang, at some point, they're going to come for you!

  Glenn Beck

  Wall, People, Car

  "Beck compares car dealership closures to Nazis; warns 'Gang, at some point, they're going to come for you'". "The Glenn Beck Program", www.mediamatters.org. June 10, 2009.

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• Implicit in the banking concept is the assumption of a dichotomy between human beings and the world: a person is merely in the world, not with the world or with others; the individual is spectator, not re-creator.

  Paulo Freire

  World, Assumption, Individual

  Paulo Freire (2014). “Pedagogy of the Oppressed: 30th Anniversary Edition”, p.54, Bloomsbury Publishing USA

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• It is not suprising that the banking concept of education regards men as adaptable, manageable beings.

  Paulo Freire

  Men, Pedagogy Of The Oppressed, Adaptable

  "Pedagogy of the Oppressed". Book by Paulo Freire, Chapter 2, 1968.

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• Stripe is building payment infrastructure for the Web, so we make it easy to accept credit cards online. Before Stripe, the way youd do this is using the legacy banking structure. It was slow, it was complex, it was expensive. It had this very chilling effect on e-commerce.

  John Collison

  Stripes, Credit, Way

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