Debt Quotes - Page 4

• Some debts are fun while you are acquiring them, But none are fun when you set about retiring them.

  Ogden Nash

  Fun, Debt Free, Owing A Debt

  "The Face is Familiar: The Selected Verse of Ogden Nash".

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• Simply put, unsustainable debt is helping to keep too many poor countries and poor people in poverty.

  William J. Clinton

  Country, People, Poverty

  William J. Clinton (2000). “Public Papers of the Presidents of the United States: William J. Clinton, 1999”, p.1631, Government Printing Office

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• Is there any reason why the American people should be taxed to guarantee the debts of banks, any more than they should be taxed to guarantee the debts of other institutions, including merchants, the industries, and the mills of the country?

  Carter Glass

  Country, People, Political

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• Liberalism does not preclude an organisation of the flow of money in which some channels are used in decision making while others are only good for the payment of debts

  Jean-Francois Lyotard

  Decision, Doe, Flow

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• If you look internationally over the last 50 years there have been improvements in the third world, but in the last 20 years the reverse has happened, with debt crises and increased poverty.

  David Korten

  Years, Looks, World

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• I regret, as much as any member, the unavoidable weight and duration of the burdens to be imposed; having never been a proselyte to the doctrine, that public debts are public benefits. I consider them, on the contrary, as evils which ought to be removed as fast as honor and justice will permit.

  James Madison

  Regret, Government, Evil

  James Madison (1904). “The Writings of James Madison: 1787-1790”

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• I hold every man a debtor to his profession.

  Francis Bacon

  Men, Society, Debtors

  'The Elements of the Common Law' (1596) preface

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• There are no shortcuts when it comes to getting out of debt.

  Dave Ramsey

  Shortcuts

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• As a very important source of strength and security, cherish public credit.

  George Washington

  Government Debt, Important, Credit

  George Washington, John Jay, Jared Sparks (1850). “Washington's Farewell Address to the People of the United States of America”, p.36, New York : J. Wiley

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• The second vice is lying, the first is running in debt.

  Benjamin Franklin

  Running, Lying, Debt Free

  Benjamin Franklin (2004). “Poor Richard's Almanack”, p.291, Barnes & Noble Publishing

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• To contract new debts is not the way to pay old ones.

  George Washington

  Pay, Way, Contracts

  George Washington, John Clement Fitzpatrick, David Maydole Matteson (1799). “The Writings of George Washington from the Original Manuscript Sources, 1745-1799”, p.177

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• We paid off our debts, we learned some, made friends and returned in 1950 with a larger view of life. I had, however, no home, no income of any kind and no prospects whatsoever.

  James Black

  Home, Views, Perspective

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• Neither a borrower nor a lender be, for loan oft loses both itself and friend, and borrowing dulls the edge of husbandry.

  William Shakespeare

  Friendship, Money, Important

  'Hamlet' (1601) act 1, sc. 3, l. 58

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• Slight was the thing I bought, small was the debt I thought, Poor was the loan at best - God! but the interest!

  Paul Laurence Dunbar

  Poor, Best God, Loan

  Paul Laurence Dunbar, Joanne M. Braxton (1993). “The Collected Poetry of Paul Laurence Dunbar”, p.213, University of Virginia Press

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• It is of the greatest consequence that the debt should, with the consent of the creditors, be remoulded into such a shape as will bring the expenditure of the nation to a level with its income. Till this shall be accomplished, the finances of the United States will never wear a proper countenance. Arrears of interest, continually accruing, will be as continual a monument, either of inability, or of ill faith and will not cease to have an evil influence on public credit.

  Alexander Hamilton

  Evil, Inability, United States

  "The Works of Alexander Hamilton".

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• Tis against some mens principle to pay interest, and seems against others interest to pay the principle.

  Benjamin Franklin

  Men, Principles, Pay

  Benjamin Franklin, Ormond Seavey (1998). “Autobiography and Other Writings”, p.283, Oxford University Press, USA

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• Avoiding occasions of expense by cultivating peace, we should remember also that timely disbursements to prepare for danger frequently prevent much greater disbursements to repel it

  George Washington

  Remember, Danger, Should

  George Washington, Andrew Jackson (1862). “Washington's Farewell Address: The Proclamation of Jackson Against Nullification, and the Declaration of Independence”, p.9

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• And as the vicissitudes of Nations beget a perpetual tendency to the accumulation of debt, there ought to be in every government a perpetual, anxious, and unceasing effort to reduce that, which at any times exists, as fast as shall be practicable consistently with integrity and good faith.

  Alexander Hamilton

  Integrity, Government, Effort

  United States. Dept. of the Treasury, Alexander Hamilton (1828). “Reports of the secretary of the Treasury of the United States”, p.101

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• Youth is in danger until it learns to look upon debts as furies.

  Edward Bulwer-Lytton, 1st Baron Lytton

  Looks, Youth, Danger

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• The fore horse of this frightful team is public debt. Taxation follow that, and in its turn wretchedness and oppression.

  Thomas Jefferson

  Horse, Team, Taxation

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• Many delight more in giving of presents than in paying their debts.

  Philip Sidney

  Giving, Delight

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• I am not among those who fear the people. They, and not the rich, are our dependence for continued freedom.

  Thomas Jefferson

  Government Debt, People, Revolution

  Thomas Jefferson (2011). “Jefferson on Freedom: Wisdom, Advice, and Hints on Freedom, Democracy, and the American Way”, p.26, Skyhorse Publishing, Inc.

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• In the midst of life we are in debt.

  Bill Vaughan

  Midst

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• The federal debt in this country is principally of Republican design.

  Daniel Keys Moran

  Country, Design, Republican

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  Blessed are the young for they shall inherit the national debt.

  Herbert Hoover

  Children, Blessed, Government

  Herbert Hoover (1938). “Addresses upon the American road”

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