Debt Quotes - Page 3

• Wars in old times were made to get slaves. The modern implement of imposing slavery is debt.

  Ezra Pound

  War, Slavery, Modern

  Ezra Pound (1978). “"Ezra Pound Speaking": Radio Speeches of World War II”, Greenwood Press

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• One day Donald Trump will discover that he is owned by Lutheran Brotherhood and must re negotiate his debt load with a committee of silent Norwegians who dont understand why anyone would pay more than $120.00 for a suit.

  Garrison Keillor

  Brotherhood, One Day, Pay

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• Science does not know its debt to imagination. Goethe did not believe that a great naturalist could exist without this faculty.

  Ralph Waldo Emerson

  Believe, Imagination, Doe

  Ralph Waldo Emerson (2013). “Delphi Complete Works of Ralph Waldo Emerson (Illustrated)”, p.2539, Delphi Classics

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• If you don't have the money management skills yet, using a debit card will ensure you don't overspend and rack up debt on a credit card.

  T. Harv Eker

  Skills, Cards, Credit

  "Q&A: T. Harv Eker Talks Money, Debt and Breaking Bad Habits". Interview with Sally Herigstad, www.foxbusiness.com. April 3, 2012.

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• Millions of our fellow human beings continue to live as contemporary slaves, victims of abominable practices like human trafficking, forced labour and sexual exploitation. Countless children are forced to become soldiers, work in sweat shops or are sold by desperate families. Women are brutalized and traded like commodities. Entire households and villages labour under debt bondage.

  Ban Ki-moon

  Children, Practice, Sweat

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• Allow a government to decline paying its debts and you overthrow all public morality-you unhinge all the principles that preserve the limits of free constitutions. Nothing can more affect national prosperity than a constant and systematic attention to extinguish the present debt and to avoid as much as possibly the incurring of any new debt.

  Alexander Hamilton

  Government, Principles, Attention

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• Let us avoid debt as we would avoid a plague; where we are now in debt, let us get out of debt; if not today...tomorrow.

  J. Reuben Clark

  Today, Tomorrow, Financial

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• Our national debt after all is an internal debt owed not only by the Nation but to the Nation. If our children have to pay interest on it they will pay that interest to themselves. A reasonable internal debt will not impoverish our children or put the Nation into bankruptcy.

  Franklin D. Roosevelt

  Children, Pay, Interest

  Roosevelt, Franklin D. (1941). “Public Papers of the Presidents of the United States: F.D. Roosevelt, 1939, Volume 8”, p.351, Best Books on

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• Every professional athlete owes a debt of gratitude to the fans and management, and pays an installment every time he plays. He should never miss a payment.

  Bobby Hull

  Gratitude, Athlete, Play

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• Bankruptcy is a sacred state, a condition beyond conditions, as theologians might say, and attempts to investigate it are necessarily obscene, like spiritualism. One knows only that he has passed into it and lives beyond us, in a condition not ours.

  John Updike

  Might, Sacred, States

  John Updike (1980). “People One Knows: Interviews with Insufficiently Famous Americans”

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• Pain and fear and hunger are effects of causes which can be foreseen and known: but sorrow is a debt which someone else makes for us.

  Freya Stark

  Pain, Sorrow, Causes

  Freya Stark (2013). “Perseus In The Wind: A Life of Travel”, p.124, Tauris Parke Paperbacks

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• Never run into debt, not if you can find anything else to run into.

  Josh Billings

  Running, Advice, Ifs

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• Wars are made to make debt.

  Ezra Pound

  War, Literature, Made

  Ezra Pound (1978). “"Ezra Pound Speaking": Radio Speeches of World War II”, Greenwood Press

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• My greatest debt will always be to the movie-going public of yesterday and today, without whose love and devotion I would have had no story to tell.

  Gloria Swanson

  Yesterday And Today, Stories, Devotion

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• I think everyday people on the street who have never been affiliated with the tea party movement are alarmed with the spending and the debt that we have.

  Kristi Noem

  Party, Thinking, People

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• To date, every American citizen has nearly $27,000 in public debt riding on our backs.

  Paul Gillmor

  Dating, Riding, Citizens

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• Increasing America’s debt weakens us domestically and internationally. Leadership means that 'the buck stops here.' Instead, Washington is shifting the burden of bad choices today onto the backs of our children and grandchildren. America has a debt problem and a failure of leadership.

  Barack Obama

  Children, Mean, America

  "Head Snapping Hypocrisy From Reid and Obama On the Debt Ceiling" by Karl Rove, www.foxnews.com. February 8, 2011.

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• ..avoiding likewise the accumulation of debt, not only by shunning occasions of expense, but by vigorous exertions in time of peace to discharge the debts, which unavoidable wars may have occasioned, not ungenerously throwing upon posterity the burthen, which we ourselves ought to bear.

  George Washington

  War, Government Debt, Owing A Debt

  George Washington, William Jackson (1838). “Monuments of Washington's Patriotism: Containing a Fac Simile of His Publick Accounts Kept During the Revolutionary War; and Some of the Most Interesting Documents Connected with His Military Command and Civil Administration; Embracing, Among Others, the Farewell Address to the People of the United States”, p.16

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• The fact that we are here today to debate raising America's debt limit is a sign of leadership failure... It is a sign that we now depend on ongoing financial assistance from foreign countries to finance our Government's reckless fiscal policies.

  Barack Obama

  Country, Government, America

  Barack Obama's speech Against Raising The Debt Ceiling on the floor of the US Senate, www.redstate.com. March 16, 2006.

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• Death's the discharge of our debt of sorrow.

  Seneca the Younger

  Death, Sorrow, Discharge

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• One of the things that Africa needs, everybody seems to agree, is some measure of debt relief.

  Gwen Ifill

  Relief, Needs, Agree

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• If the current birth rate, which is the lowest in the major developed countries, continues, there will be no Japanese. Who will pay the enormous debt?

  Jim Rogers

  Country, Birth Rate, Pay

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• A public debt is a public curse.

  James Madison

  Presidential, Curse

  Letter to Henry Lee, 13 Apr. 1790

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• Besides, we had a large debt, contracted at home and abroad in our War of Independence; therefore the great power of taxation was conferred upon this Government.

  Robert Toombs

  War, Home, Power

  Robert Augustus Toombs (1860). “Speech of Hon. Robert Toombs: On the Crisis. Delivered Before the Georgia Legislature, December 7, 1860”, p.4

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• I have long argued that paying down the national debt is beneficial for the economy: it keeps interest rates lower than they otherwise would be and frees savings to finance increases in the capital stock, thereby boosting productivity and real incomes.

  Alan Greenspan

  Real, Long, Would Be

  Remarks by Chairman Alan Greenspan before the Bond Market Association, White Sulphur Springs, West Virginia, www.federalreserve.gov. April 27, 2001.

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