Bankruptcy and repudiation are the springboards from which much of our civilization vaults and turns its somersets, but the savagestands on the unelastic plank of famine.
People may need something to celebrate. They need a context in which to celebrate things. They need something that fills the void that's left by the bankruptcy of religion and so forth.
I understand how important the automakers are to America. And I understand a bankruptcy; a failure in that industry wouldn't be a good thing. It's something we should avoid.
Bankruptcy is a legal proceeding in which you put your money in your pants pocket and give your coat to your creditors.
In his life, Donald Trump's had a great track record of failure, bankruptcies, running from Vietnam, everything like that.
The government cannot become a bailout organization for companies on the verge of bankruptcy.
If a company can declare bankruptcy, why can't a country do so?
In England, all the English car companies were beginning to circle the drain in a series of well-deserved failures and bankruptcies, earned by making lousy products with very poor production at high prices. So, the government, back in the '70s, nationalized all the British car companies. The result was British Leyland, a name that perhaps doesn't resonate much with you.
Trump Entertainment Resorts declared Chapter 11 bankruptcy. Or as Donald Trump describes Chapter 11, "Back-to-back number ones!"
Greece bankruptcy will trigger a market crash. My advice: Buy Bitcoin & Gold Both will rise when the markets crash.
We must have an economy that does not force the migrant worker's child to miss school in order to earn...just so the family can eat. That is the moral bankruptcy that trickle-down economics is all about.
We [Americans] inherited British law, which is like the new "reforms" that are being made now, in the sense that people are permanently entrapped in debt, if they once fall into bankruptcy. The reason that the law was changed in American history - the whole early period of the formation of the country was moving away from British law into a law that is generated here and that conforms to the sense of what is appropriate here.
The model for our early bankruptcy laws was Deuteronomy, the idea that, under certain circumstances - in Deuteronomy, it is simply the passage of seven years' time - people are released from debt, simply because they are released from debt. No more debt. You start over again. This has been a very powerful model in this country. It's being destroyed now. People talk about how much new employment, new wealth, and so on are continuously generated in this country.
In business, poor performance leads to bankruptcy or, at a minimum, a restructuring of the company. In American education, failure entitles the bankrupt system to even more taxpayer dollars.
Drink has shed more blood, hung more crepe, sold more homes, plunged more people into bankruptcy, armed more villains, slain more children, snapped more wedding rings, defiled more innocence, blinded more eyes, dethroned more reason, wrecked more manhood, dishonored more womanhood, broken more hearts, blasted more lives, driven more to suicide and dug more graves than any other evil that has cursed the world.
It is imperative that we make consumers more aware of the long-term effects of their financial decisions, particularly in managing their credit card debt, so that they can avoid financial pitfalls that may lead to bankruptcy.
It is more or less clear that one idea which should emerge from the crash, whatever happens with the attempts to save the banks from bankruptcy and people from being evicted from their homes, is that this kind of life is unsustainable. We cannot go on like this... something must be done.
We invest in undervalued companies that exhibit strong fundamentals, above-market dividend yields and historic earnings growth, which our analysis indicates will persist. Our strategy is to own strong, fundamentally sound companies and to avoid speculative stocks or potential bankruptcies.
I was an advocate of the deregulation movement and I made - along with a lot of other smart people - a fundamental mistake. The financial industry undergirded the entire economy and if it is made riskier by deregulation and collapses in widespread bankruptcies as what happened in 2008, the entire economy freezes because it runs on credit.
The Stock Market was down today. Two major businesses declared bankruptcy, consumer spending is at an all time low - in other words, Bush is back on the job.
I can't tell you how many home businesses are almost in bankruptcy court over a Yellow Pages ad only to find out that the Yellow Pages ad isn't where their market will look for them, and it cost more than they thought.
What most Americans don't realize is there is an unholy alliance. They come together. There's a secret handshake. We spend more money on everything. And we are not stronger nation if we go further into debt. We are not projecting power from bankruptcy court.
Renunciation of thinking is a declaration of spiritual bankruptcy.
I'm only thin-skinned when somebody says bad things that are false. For instance, if you hit me about something that's true, all right, the bankruptcy - I used that as a tool. I didn't ever file for bankruptcy.
The path we're on has taken the USA to the brink of bankruptcy.
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