We should have a debt that grows our productivity, we cant borrow to pay salaries. I can borrow to build power plants.
The economy needs a stimulus. We MUST borrow. The notion of debt as a sin or something evil should be reviewed.
I am fighting for those middle-class families who want us to deal with our debt and deficit, but they also want the investments that are critical to our country moving forward.
What our economy needs is direct job creation by the government and mortgage-debt relief for stressed consumers. What it very much does not need is a transfer of billions of dollars to corporations that have no intention of hiring anyone except more lobbyists.
There is much unexplained in the world. It behooves us to be wary at all times. Just when you think you've got the hang of it, along comes string theory, collateralized debt obligations or Björk's new album, and bam! You're as confused as you were when you first started.
Terrorism, War & Bankruptcy are caused by the privatization of money, issued as a debt and compounded by interest.
The primary factor that enables our government to peddle economic snake oil is the dollar's unique role as the world's reserve currency, and our creditors' willingness to preserve its status. By buying up dollars and loaning them back to us through Treasury debt, productive countries give American politicians cart blanche to play Santa Claus.
As boom- and bust-prone as high finance always has been and remains, the greatest systemic risk to our economy is not Wall Street. It's the growing federal debt (and weakening dollar) being enacted by those Washington politicians - the ones who want to protect us from Wall Street.
Establish that a Government may decline a provision for its debts, though able to make it, and you overthrow all public morality, you unhinge all the principles that must preserve the limits of free constitutions.
But though a funded debt is not in the first instance, an absolute increase of Capital, or an augmentation of real wealth; yet by serving as a New power in the operation of industry, it has within certain bounds a tendency to increase the real wealth of a Community, in like manner as money borrowed by a thrifty farmer, to be laid out in the improvement of his farm may, in the end, add to his Stock of real riches.
You know, when Republicans were in charge, we doubled the debt. But, now, our concern is the Democrats are in charge and they're tripling the debt. So, really, our concern is that we want smaller government.
Face the fact that there's only one sure-fire way to erase credit card debt. By picking up a big, shiny pair of scissors and cutting your wife in half.
You normally don't get a margin call unless your securities, minus the debt, are worth 30% or less of their nominal market value.
Debt means you had more fun than you were supposed to.
America has so much debt, if she were a person she'd need a co-signer to get a car loan.
Please don't invent a debt that does not exist, or next you will be trying to feel gratitude - and that is the treacherous first step toward complete moral degradation.
I do not intend to spare myself, not to avoid emotions or difficulties. I don't care much whether I live a longer or shorter time... the world concerns me only in so far as I feel a certain debt toward it, because I have walked on this earth for thirty years, and out of gratitude I want to leave some souvenir.
To me, there is no greater threat than our debt. I'm the only fiscal conservative on the stage because I'm willing to hold the line on all spending.
We [the USA] have a $16 trillion debt which these tax increases will do nothing to solve and you will have at least 200,000 less jobs next year than you have now. And the people who vote for that will be responsible for that decision and they will held accountable for that terrible public policy.
It is tough being patient when you are more than a half million dollars in debt.
The nation needs men who think in terms of service to their country and not in terms of their country's debt to them.
Student debt is crushing the lives of millions of Americans. How does it happen that we can get a home mortgage or purchase a car with interest rates half of that being paid for student loans? We must make higher education affordable for all. We must substantially lower interest rates on student loans. This must be a national priority.
When I went to law school, which I put myself through for $100,000 dollars of debt, I didn't expect anybody to pay for my health insurance, which I had none of. No health insurance.
Duty is a debt you owe to yourself to fulfill obligations you have assumed voluntarily.
I served on the budget committee in the Senate, and I remember as vividly as if it were yesterday when we had a hearing in which Alan Greenspan came and justified increasing spending and cutting taxes, saying that we didn't really need to pay down the debt - outrageous in my view.
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