In the simplest sense, the key to the performance of any traditional commercial bank ... is the profitability of the loans it makes.
[T]he only good loan is one that gets paid back.
I'm a neurotic Jew who doesn't want loans. I can't even carry a balance on my credit card without having a nervous breakdown.
Quite frankly, Barack Obama knows what it's like to pay a mortgage and student loans. He knows what it's like to watch a beloved family member in a medical crisis and worry that treatment is out of reach. Barack Obama knows our struggles. And, my friends, he shares our values.
If all bank loans were paid, there would not be a dollar of coin or currency in circulation. Someone has to borrow every dollar we have in circulation. We are absolutely without a permanent money system.
I saw a man walk into my camera viewfinder from the left. He took a pistol out of his holster and raised it. I had no idea he would shoot. It was common to hold a pistol to the head of prisoners during questioning. So I prepared to make that picture - the threat, the interrogation. But it didn't happen. The man just pulled a pistol out of his holster, raised it to the VC's head and shot him in the temple. I made a picture at the same time. (On his 1968 photograph of the summary street corner execution of prisoner Nguyen Van Lem by South Vietnam's police chief, Lt. Col. Nguyen Ngoc Loan.)
I grew up with a single mom who was a waitress. We were on food stamps. My mom then got Pell Grants, put herself through college to get a degree to get a better job. Because we were broke, I then had to go to a state school. I went to Temple University, and had to get loans. So I grew up in a world where I saw the government helping individuals pull themselves up, and saw it work very successfully.
Government's running the student loan program; what in the world could be wrong with it? If the government's running it, if Obama's taken it over, and he's got a lot of compassion, a big heart, loves people, what could possibly be wrong with it? And then the subject of tuition came up, and how come tuition never gets cut? Why does tuition always go up? Guarantee, folks, when you subsidize something, if you run a university and the government's gonna subsidize parts of your operation, why in the world should you cut anything?
We have to do more to make it easier for parents to balance work and family. If you left college with a ton of loans, it`s not enough just to make college more affordable. You need help right now with the debt you already have.
I have already released my financials, which are massive, and, by the way, which showed a tremendous company. It's over $10 billion in net worth that I have built with a very, very small starter loan years ago.
When I get asked the question, "Do I want to loan you money?" I want to know, how much do you earn? How much do you owe? What is your net worth? When people talk about countries for some reason they only ask how much did you earn and what's your debt?
Commercial banks are very good for certain businesses, like loans and guarding other people's money. They're not great investors or entrepreneurs.
Fortune makes many loans, but gives no presents.
In proportion as man gets back the spirit of manliness, which is self-sacrifice, affection, loyalty loan idea beyond himself, a God above himself, so far will he rise above circumstances, and wield them at his will.
As we drive down the freeways, we see the new cars, but not the massive new-car loans that enslave their drivers to the banks.
The west has fiscalised its basic power relationships through a web of contracts, loans, shareholdings, bank holdings and so on. In such an environment it is easy for speech to be "free" because a change in political will rarely leads to any change in these basic instruments. Western speech, as something that rarely has any effect on power, is, like badgers and birds, free.
The ancient nobility and gentry of the kingdom... have been thrust out of all public employment... a race of merchants, and manufacturers and bankers and loan-jobbers and contractors have usurped their place.
All loans, in the eyes of honest borrowers, must eventually be repaid. All credit is debt. Proposals for an increased volume of credit, therefore, are merely another name for proposals for an increased burden of debt. They would seem considerably less inviting if they were habitually referred to by the second name instead of by the first.
Every youth movement presents itself as a loan to the future, and tries to call in its lien in advance, but when there is no future all loans are canceled.
The crash of 2008 was driven in no small part by unfair practices in the mortgage industry which led to many consumers being trapped in loans they didn't understand and couldn't afford.
I believe the best way to help our small businesses is not only through small-business loans, which we have increased since I've been the president of the United States, but to unbundle government contracts so people have a chance to be able to bid and receive a contract to help get their business going.
Sometimes the hardest part of my job is the incessant reminder of the fact we're all trying so assiduously to ignore: we are here temporarily. Life is only ours on loan.
A thought crossed his mind: How do you make poor people feel wealthy when wages are stagnant? You give them cheap loans.
I'm much more willing to buy a novel electronically by someone I don't know. Because if halfway through I think, I don't really like this, I can just stop. I can't throw books out, even if I think they're crummy. I feel like I've got to give it to the library. I've got to loan it to somebody, or I keep it on my shelf. It's like a plant.
Poor people always pay back their loans. [...] It is us, the designers of institutions and rules, who keep creating trouble for them.
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