Creditors Quotes - Page 2

• To withhold deserved praise lest it should make its object conceited is as dishonest as to withhold payment of a just debt lest your creditor should spend the money badly.

  George Bernard Shaw

  Encouraging, Conceited, Debt

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• Not everyone is a debtor who wishes to be; not everyone who wishes makes creditors.

  Francois Rabelais

  Wish, Debtors

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• I will continue to urge creditors to take the steps needed to put Greece on a path towards a durable economic recovery because it's in all of our interests that Greece succeeds.

  Barack Obama

  Recovery, Path, Succeed

  Remarks by President Obama and Prime Minister Alexis Tsipras of Greece in Joint Press Conference, Maximos Mansion, Athens, Greece, obamawhitehouse.archives.gov. November 15, 2016.

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• true Christians consider themselves not as satisfying some rigorous creditor, but as discharging a debt of gratitude

  William Wilberforce

  Christian, Gratitude, Debt

  William Wilberforce, Kevin Belmonte, Garth M. Rosell, Charles Colson (2006). “A Practical View of Christianity”, p.255, Hendrickson Publishers

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• The borrower is a slave to the lender and the debtor to the creditor.

  Benjamin Franklin

  Business, Debtors, Slave

  Benjamin Franklin, Ormond Seavey (1998). “Autobiography and Other Writings”, p.272, Oxford University Press, USA

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• We [US government] have used our taxpayer dollars not only to subsidize these banks but also to subsidize the creditors of those banks and the equity holders in those banks. We could have talked about forcing those investors to take some serious hits on their risky dealings. The idea that taxpayer dollars go in first rather than last - after the equity has been used up - is shocking.

  Elizabeth Warren

  Government, Ideas, Dollars

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• There are philanthropists who, incapable of managing their own little affairs, take upon themselves those of the whole world; but as their creditors always outnumber their disciples, they owe humanity more than she will ever owe them.

  Jean Antoine Petit-Senn

  Humanity, World, Littles

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• The lower interest rates fueled housing and consumption booms in countries such as Spain and Ireland. At the same time, Germany, struggling with the burdens of reunification, tightened its belt and became more competitive. All this led to a wide divergence in economic performance. Europe became divided into creditor and debtor countries.

  George Soros

  Country, Struggle, Europe

  "George Soros on the Euro Crisis". Interview with Der Spiegel, www.georgesoros.com. June 26, 2012.

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• None has more frequent conversations with a disagreeable self than the man of pleasure; his enthusiasms are but few and transient; his appetites, like angry creditors, are continually making fruitless demands for what he is unable to pay; and the greater his former pleasures, the more strong his regret, the more impatient his expectations. A life of pleasure is, therefore, the most unpleasing life.

  James Goldsmith

  Life, Strong, Regret

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• Some of the craftiest scoundrels that ever walked this earth . . . will gravely jot down in diaries the events of every day, and keep a regular debtor and creditor account with heaven, which shall always show a floating balance in their own favour.

  Charles Dickens

  Heaven, Words Of Wisdom, Balance

  Charles Dickens (1867). “The Life and Adventures of Nicholas Nickleby”, p.352

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• Julius Caesar owed two millions when he risked the experiment of being general in Gaul. If Julius Caesar had not lived to cross the Rubicon, and pay off his debts, what would his creditors have called Julius Caesar?

  Edward Bulwer-Lytton, 1st Baron Lytton

  Success, Two, Debt

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• When you default on a secured debt, the creditor takes the asset that backs up that debt. When you convert credit card debt to mortgage debt, you are securing that credit card debt with your home. That's a risky proposition.

  Jean Chatzky

  Home, Cards, Credit

  Source: www.nbcnews.com

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• The ideas of debtor and creditor as to what constitutes a good time never coincide.

  P. G. Wodehouse

  Ideas, Debtors, Good Times

  P. G. Wodehouse (2010). “Love Among the Chickens”, p.124, The Floating Press

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• Many politicians and pundits claim that the credit crunch and high mortgage foreclosure rate is an example of market failure and want government to step in to bail out creditors and borrowers at the expense of taxpayers who prudently managed their affairs. These financial problems are not market failures but government failure. ... The credit crunch and foreclosure problems are failures of government policy.

  Walter E. Williams

  Government, Credit, Debt

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• There's a lot of research on the shift in who deals with money when families get in trouble. In good times, husbands handle the family's finances about 80 percent of the time. But when times turn sour and families start dealing with creditors and managing unpayable bills, women take more active roles.

  Elizabeth Warren

  Husband, Roles, Research

  Interview with Ruth Conniff, progressive.org. December 27, 2009.

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• A sleep without dreams, after a rough day of toil, is what we covet most; and yet
  How clay shrinks back from more quiescent clay!
  The very Suicide that pays his debt at once without installments
  (an old way of paying debts, which creditors regret)
  Lets out impatiently his rushing breath, less from disgust of life than dread of death.

  Lord Byron

  Suicide, Dream, Regret

  Lord Byron (2013). “Don Juan”, p.324, Simon and Schuster

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• The stomach begs and clamors, and listens to no precepts. And yet it is not an obdurate creditor; for it is dismissed with small payment if you give it only what you owe, and not as much as you can.

  Seneca the Younger

  Giving, Stomach, Payment

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• RE: GSEs like Freddie Mac & Fannie Mae: "creditors will continue to underprice the risk-taking of these financial institutions, overfund them, and fail to provide effective market discipline Facing prices that are too low, systemically important firms will take on too much risk."

  Gary H. Stern

  Philosophy, Discipline, Political

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• It is a wise rule and should be fundamental in a government disposed to cherish its credit, and at the same time to restrain the use of it within the limits of its faculties, "never to borrow a dollar without laying a tax in the same instant for paying the interest annually, and the principal within a given term; and to consider that tax as pledged to the creditors on the public faith."

  Thomas Jefferson

  Wise, Government, Dollars

  Thomas Jefferson (1829). “Memoirs, Correspondence and Private Papers of Thomas Jefferson, Late President of the United States”, p.200

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• Thyself and thy belongings
  Are not thine own so proper, as to waste
  Thyself upon thy virtues, they on thee.
  Heaven doth with us as we with torches do,
  Not light them for themselves; for if our virtues
  Did not go forth of us 't were all alike
  As if we had them not. Spirits are not finely touch'd
  But to fine issues; nor Nature never lends
  The smallest scruple of her excellence,
  But, like a thrifty goddess, she determines
  Herself the glory of a creditor -
  Both thanks and use.

  William Shakespeare

  Light, Issues, Heaven

  William Shakespeare (1842). “The Comedies, Histories, Tragedies, and Poems of William Shakspere: Merry wives of Windsor. Twelfth night. As you like it. Measure for measure”, p.383

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• [T]he most common and durable source of factions has been the various and unequal distribution of property. Those who hold and those who are without property have ever formed distinct interests in society. Those who are creditors, and those who are debtors, fall under a like discrimination. A landed interest, a manufacturing interest, a mercantile interest, a moneyed interest, with many lesser interests, grow up of necessity in civilized nations, and divide them into different classes, actuated by different sentiments and views.

  James Madison

  Growing Up, Fall, Views

  The Federalist no. 10 (1788)

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• And, as for me, if, by any possibility, there be any as yet undiscovered prime thing in me; if I shall ever deserve any real repute in that small but high hushed world which I might not be unreasonably ambitious of ; if hereafter I shall do anything that, upon the whole, a man might rather have done than to have left undone ; if, at my death, my executors, or more properly my creditors, find any precious MSS. in my desk, then here I prospectively ascribe all the honour and the glory to whaling; for a whale-ship was my Yale College and my Harvard.

  Herman Melville

  Real, College, Men

  Herman Melville (1892). “Moby Dick”, p.108

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• Individuals who have been wronged by unlawful racial discrimination should be made whole; but under our Constitution there can be no such thing as either a creditor or a debtor race. That concept is alien to the Constitution's focus upon the individual. ...To pursue the concept of racial entitlement - even for the most admirable and benign of purposes - is to reinforce and preserve for future mischief the way of thinking that produced race slavery, race privilege and race hatred. In the eyes of government, we are just one race here. It is American.

  Antonin Scalia

  Eye, Thinking, Race

  Adarand Constructors, Inc. v. Peña, 515 U.S. 200, 239, 1995.

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• In an honest service there is thin commons, low wages, and hard labor; in this, plenty and satiety, pleasure and ease, liberty and power; and who would not balance creditor on this side, when all the hazard that is run for it, at worst, is only a sour look or two at choking. No, a merry life and a short one, shall be my motto.

  Bartholomew Roberts

  Running, Two, Pirate

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• High interest rates focus on the revenue of a parasitic class.Historically the financial system has been structured in favour of moneyed interests, that is, creditors.

  Linda McQuaig

  Class, Focus, Favour

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