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.
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.
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.
Our [western] culture embraces sex addiction. If I drink too much or rack up credit-card debt or lose the rent in Vegas, that's bad. But if I have many lovers, that's good.
We would be somewhat foolish to work out something on stopping us from going over the cliff and then a month or six weeks later Republicans pull the same game they did before and say, 'We're not going to do anything - unless this happens, we're not going to agree to increasing the debt ceiling.' I agree with the president, it has to be a package deal.
Debt is not caused by spending, it is caused by buying things that you don't pay for. Or, it's caused by cutting revenues that you don't offset ... by cuts in spending.
If I went in debt a million dollars every time I committed genocide, I'd be our economy.
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.
No pecuniary consideration is more urgent, than the regular redemption and discharge of the public debt: on none can delay be more injurious, or an economy of time more valuable. ... Cherish public credit. One method of preserving it is to use it as sparingly as possible: avoiding occasions of expence (and) avoiding likewise the accumulation of debt ... not ungenerously throwing upon posterity the burthen which we ourselves ought to bear.
It is my contention that value does not mix so well with debt.
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.
The federal government... announced a plan to spend, like, a trillion of taxpayer dollars to buy out bad mortgages and debt. Wall Street was surprisingly enthusiastic about the plan to save their (butts) with other peoples' money. It was either that, or Sarah Palin's idea to sell it all on eBay.
Confession of sins is not meritorious: to confess sins as a way of placing God in your debt is not dealing with sin; it is committing another sin. The context of all confession must be the free grace of justification.
We ought to pay down the national debt, ... The American people are tired of people who make promises about cutting taxes that they cannot keep.
They're all tied together: taxes, Medicare, Social Security, and the debt. We've got to have a setting of priorities, and looking at it - at each of them as disconnected, I think, doesn't properly address these major challenges.
Conservatives came to office to reduce the size of government and enlarge the sphere of free and private initiative. But lately we have increased government in order to stay in office. And, soon, if we don't remember why we were elected we will have lost our office along with our principles, and leave a mountain of debt that our children's grandchildren will suffer from long after we have departed this earth. Because, my friends, hypocrisy is the most obvious of sins, and the people will punish it.
We are mortgaging ourselves to foreigners on a scale that would make George Washington cry. Every day - every single day - we borrow a billion dollars from foreigners to buy petroleum from abroad, often from countries that hate us. We are the beggars of the world, financing our lavish lifestyle by selling our family heirlooms and by enslaving our progeny with the need to service the debt.
The very nature of finance is that it cannot be profitable unless it is significantly leveraged... and as long as there is debt, there can be failure and contagion.
I think people are confused about what the Tea Party is. I mean, they were a broad cross-section of Americans who came together concerned about our debt and our spending. And they're interested in constitutional, limited government. And so they're not one group of people. They're thousands of small groups all over the country.
While this is not a part of what Martin Shkreli`s being indicted for, there is sort of the overall picture of somebody who`s milking profits really off of patients who are poor in order to finance what at least what appears to be a lot of debt being built up in other businesses.
War at home is matched by a war on youth. I wrote about this recently. Young people graduate with an average of $23,000 in student loan debt, and they are the ones saddled with it. Youth have become indentured servants and that turns them away from public service.
The loan crisis and the increasing slashing of funds for students, coupled with the astronomical rise in tuition, represent an unparalleled attack on the social state. The hidden agenda here is that when students graduate with such high debts, they rarely choose a career in public service; instead, they are forced to go into the corporate sector, and I see these conditions, in some ways, as being very calculated and as part of a larger political strategy to disempower students.
There's something odd about telling people, artists, that they need to work for free to be pure while you're sitting there getting a salary that ultimately is paid by a generation of young people going deeply into debt for their education.
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