Loan Quotes - Page 6

• I think the women in the political positions will push very, very hard to see that there are loans and banks for women in Rwanda.

  Swanee Hunt

  Thinking, Political, Rwanda

  Source: www.pbs.org

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• In the past when money was given from government to government, there was no accountability, especially the World Bank loans. Nobody was held accountable for the misuse of World Bank loans. That is why it is important to channel some of the money through civil society groups.

  George W. Bush

  Past, Accountability, Important

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• The word "democracy" is a Western word obviously. It doesn't exist in Arabic. Democratiya is a loan word. We in the Western world make the great mistake of assuming that ours is the only form of good government; that democracy means what it means in the Anglo-American world and a few other places in the West, but not many others. Muslims have their own tradition on limited government. Now in Islam, there is a very strong political tradition. Because the different circumstances, Islam is political from the very beginning.

  Bernard Lewis

  Strong, Mistake, Mean

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• When you walk into a store and you want to buy something, you give them cash and they sell it to you. But very often, you walk into our "store" and you want something - a credit card, maybe, or a loan - and very often the answer is "No," even if you're a large corporation.

  Jamie Dimon

  Want Something, Giving, Cards

  "Jamie Dimon on Finance: 'Who Owns the Future?'". Interview with John Micklethwait, www.bloomberg.com. March 1, 2016.

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• Students are suffering under incredibly high tuitions and high student loan interest rates. They graduate from school, and they're having a very difficult time finding a job. They don't feel as though there are honest leaders who are listening to them, and who will be a part of the solution.

  Tulsi Gabbard

  Jobs, School, Leader

  Source: www.glamour.com

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• Absolutely pay off your credit card debt, because a child can always get a loan to go to school, possibly a scholarship, a grant.

  Suze Orman

  Children, School, Cards

  "Debt vs. debt: Which loans do I pay off first?". "Today" Interview, www.today.com. May 6, 2009.

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• If you have credit card debt and credit card companies continue to close down the cards, what are you going to do? What are you going to do if they raise your interest rates to 32 percent? That's five times higher than what your kid is going to pay in interest on a student loan. Get rid of your credit card debt.

  Suze Orman

  Kids, Cards, Credit

  "Debt vs. debt: Which loans do I pay off first?". "Today" Interview, www.today.com. May 6, 2009.

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• If you have a 50 percent match and you get in trouble financially, you can either withdraw money as a loan, or withdraw the 50 percent match. If you take it out, you have to pay taxes on it, but you still come out ahead.

  Suze Orman

  Pay, Trouble, Taxes

  "Debt vs. debt: Which loans do I pay off first?". "Today" Interview, www.today.com. May 6, 2009.

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• I think what we need is better understanding of how to do risk analysis of a CDO, but that they still can perform a very valuable function because they can aggregate these risks and pass them around so that mortgages or other kinds of loans can be packaged and sold to investors all over the world, who in most times, would justify a small amount of each one.

  Robert F. Engle

  Thinking, Understanding, Risk

  Source: bigthink.com

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• There are two definitions of deflation. Most people think of it simply as prices going down. But debt deflation is what happens when people have to spend more and more of their income to carry the debts that they've run up - to pay their mortgage debt, to pay the credit card debt, to pay student loans.

  Michael Hudson

  Running, Thinking, Two

  Source: www.counterpunch.org

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• The aim of promoting low down payments is to push prices back up so that fewer houses are going to be in negative equity and fewer people are going to walk away from the mortgages. That will save the from taking a loss on their junk mortgage loans.

  Michael Hudson

  Loss, People, House

  Source: www.counterpunch.org

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• When you say "bank," a bank is a building, a set of computers and chairs and things. The bankers are the people running these banks. They're the chief officers, and they push the loans because they don't care if they go bad. For one thing, they may package these bad loans and sell them off to gullible institutional investors.

  Michael Hudson

  Running, People, Bankers

  Source: www.counterpunch.org

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• If bankers can push the loans and make more profits for the bank, they get paid higher bonuses. They often also get stock options. If the bank goes under, they get to keep all of these salaries and options - and the government will bail out the bank. These guys will take their money and run, which is pretty much what they're doing now.

  Michael Hudson

  Running, Government, Guy

  Source: www.counterpunch.org

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• The fact that you have government-guaranteed student loans has created a whole new sector in the American economy that didn't really exist before - private for-profit universities that sell junk degrees that don't help the students. They promise the students, "We'll help you get a better job. We'll arrange a loan so that you don't have to pay a penny for this education." Their pet bank gets them the government-guaranteed loan, and the student may get the junk degree, but doesn't get a job, so they don't pay the loan.

  Michael Hudson

  Jobs, Government, Pet

  Source: www.counterpunch.org

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• Normally, if someone goes bankrupt, you wipe out the debt and get a fresh start. But that's not permitted with student loans. So the effect is to impoverish many graduates with very high debts.

  Michael Hudson

  Debt, Wipe, Fresh Start

  Source: www.counterpunch.org

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• Education is something that should not be organized on a for-profit basis, because in that case its purpose is not really to provide an education. It's not to teach students how to get better work, but how to provide banks with a free giveaway opportunity from the government, by making junk loans that are defaulted on. The effect may be to wreck the futures of the graduates that fall for the false promises that are being made.

  Michael Hudson

  Fall, Opportunity, Government

  Source: www.counterpunch.org

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• Oil now, as a result of the Saudi production, is priced so low that there are not going to be new fracking investments made. A lot of companies that have gone into fracking are heavily debt-leveraged, and are beginning to default on their loans. The next wave of defaults that banks are talking about is probably going to be in the fracking industry. When the costs of production are so much more than they can end up getting for the oil, they just stop producing and stop paying their loans.

  Michael Hudson

  Talking, Oil, Cost

  Source: www.counterpunch.org

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• I had three jobs in college. The best day of my life was when I paid off my student loans, on my own.

  Jessica Seinfeld

  Jobs, College, Three

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• Mathematically, debts grow exponentially at compound interest. Banks recycle the interest into new loans, so debts grow exponentially, faster than the economy can afford to pay.

  Michael Hudson

  Debt, Pay, Economy

  Source: www.counterpunch.org

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• I will get a loan and pay the money the court asks for. But I will not lay down my writing and I still say this was an important book to write.

  Asne Seierstad

  Book, Writing, Important

  "Bookseller of Kabul author Åsne Seierstad: 'It's not possible to write a neutral story'". Interview with Amelia Hill, www.theguardian.com. July 30, 2010.

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• If you can't travel to the developing world, look at helping to fund a woman with a small loan and follow her. Learn her story. Learn about the difference that you're making.

  Melinda Gates

  Differences, Looks, Stories

  Interview with Jessica Grose, www.lennyletter.com. April 1, 2016.

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• The person who writes the bank's commercials is not the person who makes the loans.

  Kurt Vonnegut

  Business, Writing, Management

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• And we can see the positive impacts right here at Solyndra. Less than a year ago, we were standing on what was an empty lot. But through the Recovery Act, this company received a loan to expand its operations. This new factory is the result of those loans.

  Barack Obama

  Positive, Recovery, Impact

  Barack Obama's Remarks on the Economy in Fremont, California, obamawhitehouse.archives.gov. May 26, 2010.

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• Banks get in trouble for one reason: They make bad loans.

  Carl Webb

  Banking, Trouble, Reason

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• In the simplest sense, the key to the performance of any traditional commercial bank ... is the profitability of the loans it makes.

  Robert G. Wilmers

  Keys, Commercial Banks, Banking

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