Treasury Quotes - Page 4

• Daughter to that good Earl, once President Of England's Council, and her Treasury, Who lived in both, unstained with gold or fee, And left them both, more in himself content, Till sad the breaking of that Parliament Broke him, as that dishonest victory At Chaeronea, fatal to liberty, Killed with report that old man eloquent. Though later born than to have known the days Wherein your father flourished, yet by you, Madam, methinks I see him living yet; So well your words his noble virtues praise, That all both judge you to relate them true, And to possess them, honoured Margaret.

  John Milton

  Life, Daughter, Father

  John Milton (1822). “The Poetical Works of John Milton: With the Life of the Author ...”, p.216

  4 Copy quote

  Show source

• Dictators cause the world’s worst problems: all the collapsed states, and all the devastated economies. All the vapid cases of corruption, grand theft, and naked plunder of the treasury are caused by dictators, leaving in their wake trails of wanton destruction, horrendous carnage and human debris.

  George Ayittey

  Leaving, Vapid, Naked

  "George Ayittey: How to Defeat a Dictator". Interview with Thor Halvorssen, www.huffingtonpost.com.

  16 Copy quote

  Show source

• I mean, Hank Paulson is in there [ Treasury] at the wrong time, probably shouldn't have taken the job. He's a friend of mine. But he knows markets, he knows corporations' work, he knows money, and he's got the interests of the country at heart.

  Warren Buffett

  Country, Jobs, Taken

  8 Copy quote

• One of the things I think is very likely is that with the prospects of robust fiscal stimulus in response to voters mad as hell, the Fed is going to be in there with helicopter money. In other words, they're going to be buying whatever the Treasury issues. They're not going to, in effect, advocate strong fiscal stimulus and then not finance it. And that's helicopter money.

  Gary Shilling

  Strong, Thinking, Issues

  Source: markets.businessinsider.com

  4 Copy quote

  Show source

• The New York Times had a headline on its website - Trump Turning To Ultra Wealthy To Steer Economic Policy. This doesn't sound very populist to me. Today's commerce secretary, the names being talked about for treasury secretary, I think there will be populist talk but maybe no populist action.

  E. J. Dionne

  New York, Thinking, Names

  Source: www.npr.org

  4 Copy quote

  Show source

• If I were the treasury secretary or head of the Fed, you know, I would try to scare the hell the out of the private sector and say, you better save this because you're going down with the ship.

  Warren Buffett

  Trying, Scare, Ships

  "Warren Buffett: I Haven't Seen As Much Economic Fear In My Adult Lifetime". Interview With Charlie Rose, www.cnbc.com. October 1, 2008.

  4 Copy quote

  Show source

• That would be nice if [people] stuck [treasury bills] all under a mattress, but they got to buy something with them. Sometimes they buy a treasury note, sometimes they set up sovereign wealth funds. They can do all kinds of things. They can buy our companies here. As long as we consume more than we produce, and we trade away little pieces of the country daily, they're going to own something. Now, they can't run from American assets. I mean every day the rest of the world is going to have about two billion more of American assets than we have, as long as they sell us these goods.

  Warren Buffett

  Running, Country, Nice

  19 Copy quote

• Somebody's buying these treasury bills at 1/20th of one percent. Consuming about $2 billion a day of goods and services beyond what we're producing. In other words, the rest of the world sends about $2 billion a day net of something.We got to send them something in return, don't we. So we send them little pieces of paper.

  Warren Buffett

  Pieces, World, Paper

  10 Copy quote

• That's the reality of what they're going to sell them to the Treasury for.

  Warren Buffett

  Reality, Sells

  "Warren Buffett: I Haven't Seen As Much Economic Fear In My Adult Lifetime". Interview With Charlie Rose, www.cnbc.com. October 1, 2008.

  4 Copy quote

  Show source

• The Center for Immigration Studies estimates that 62 percent of households headed by illegal immigrants use some form of cash or non-cash welfare programs like food stamps or housing assistance, tremendous costs, by the way, to our country, tremendous costs. This directly violates the federal public charge law designed to protect the United States Treasury. Those who abuse our welfare system will be priorities for immediate removal.

  Donald Trump

  Country, Priorities, Abuse

  Source: www.msnbc.com

  4 Copy quote

  Show source

• I don't think you can have a better secretary of the Treasury than Hank Paulson.

  Warren Buffett

  Thinking, Secretary

  "Warren Buffett: I Haven't Seen As Much Economic Fear In My Adult Lifetime". Interview With Charlie Rose, www.cnbc.com. October 1, 2008.

  4 Copy quote

  Show source

• We need to throw the resources at this that are necessary. But like I say, we are not spending money. I mean, if we buy these assets intelligently, the United States Treasury will make money. I mean, it's borrowing money. It's just a few percent a year.

  Warren Buffett

  Mean, Years, United States

  "Warren Buffett: I Haven't Seen As Much Economic Fear In My Adult Lifetime". "Charlie Rose", www.cnbc.com. October 1, 2008.

  4 Copy quote

  Show source

• [The U.S. Treasury] can borrow basically unlimited amounts. They can stay there for years and years. These assets will be worth more money over time. So when Merrill Lynch sells a bunch of mortgage-related assets at 22 cents on the dollar like they did a month or so ago, the buyer goes - is going to make money, and he's going to make a lot more money if it happens to be an institution like the U.S. government which has very, very cheap borrowing costs.

  Warren Buffett

  Government, Years, Dollars

  4 Copy quote

• The U.S. Treasury has got borrowing costs like nobody else has.

  Warren Buffett

  Cost, Borrowing

  "Warren Buffett: I Haven't Seen As Much Economic Fear In My Adult Lifetime". Interview With Charlie Rose, www.cnbc.com. October 1, 2008.

  4 Copy quote

  Show source

• Somebody's buying these treasury bills at 1/20th of one percent. I mean we consuming about $2 billion a day of goods and services beyond what we're producing.And it reflects American's consumption ideas rather than its savings ideas.

  Howard Warren Buffett

  Mean, Ideas, Buying

  4 Copy quote

• One of our predecessors said, "Throwing away the inexhaustible treasury of your own home, you go with your bowl from door to door, acting like a beggar"

  Zicheng Hong

  Home, Doors, Taoism

  4 Copy quote

• I think likelier targets are [Steve] Mnuchin, the Treasury pick. When you look at his dealings during the financial crisis, that's going to be a target rich environment, and [Rex] Tillerson.

  Rich Lowry

  Thinking, Target, Looks

  Source: abcnews.go.com

  4 Copy quote

  Show source

• Confidence is key. You're not going to leave your money with me unless you're confident I'm going to give it back to you. And at this point, when treasury bills, seven day treasury bills at 1/20th of one percent, it's not because people want to earn 1/20th of one percent, it's because they trust the fact the treasury will give it back to them next week.

  Howard Warren Buffett

  Keys, Next Week, People

  "Warren Buffett: I Haven't Seen As Much Economic Fear In My Adult Lifetime - Charlie Rose Interview". Interview with Charlie Rose, www.cnbc.com. October 1, 2008.

  4 Copy quote

  Show source

• Somebody's buying these treasury bills at 1/20th of one percent. I mean we consuming about $2 billion a day of goods and services beyond what we're producing.As long as we consume more than we produce, and we trade away little pieces of the country daily, they're going to own something. Now, they can't run from American assets. I mean every day the rest of the world is going to have about two billion more of American assets than we have, as long as they sell us these goods.

  Howard Warren Buffett

  Running, Country, Mean

  4 Copy quote

• If your employer pays your health insurance, that's not counted as income to you. And any economist would say that's your income, because they'd pay a higher wage if they didn't take it. That's a huge loss to the Treasury.

  T.R. Reid

  Loss, Economist

  Source: www.pbs.org

  4 Copy quote

  Show source

• Mortgage is one of the most popular deductions. It costs the Treasury about $103 billion a year. Now that's money we could use to treat wounded veterans or reduce the deficit or fill the border. Instead, we give it a subsidy to homeowners, and it goes mainly to the richest homeowners in America, because only one third of Americans itemize their deductions. It doesn't work. Many countries have gotten rid of the mortgage interest deduction. Almost all of them have higher homeownership rates than we do.

  T.R. Reid

  Country, Giving, Veteran

  Source: www.pbs.org

  4 Copy quote

  Show source

• The president-elect Donald Trump moved a bit closer to getting his Cabinet in place with another round of confirmation hearings. The most contentious was for his treasury secretary pick, Steven Mnuchin, a billionaire banker who worked at Goldman Sachs and owned a hedge fund. There was important news that came out during the hearing. Mnuchin said that he would support raising the debt ceiling sooner rather than later, and not risk the country defaulting.

  Judy Woodruff

  Country, Support, Risk

  Source: www.pbs.org

  4 Copy quote

  Show source

• Debtor countries may postpone the inevitable by borrowing from the IMF or U.S. Treasury to buy out bondholders. This saves the latter from taking a loss - leaving the debtor country with debts that are even harder to annul, because they are to foreign governments and international institutions.

  Michael Hudson

  Country, Loss, Leaving

  Source: www.counterpunch.org

  4 Copy quote

  Show source

• When I left law school, I wanted to go into the government, into the tax policy area. I got the job that I wanted in the International Tax Council's office in Treasury. I arrived determined to change the world. But I discovered very quickly that the world couldn't care less. And I couldn't stomach the lying and stealing that I witnessed. I realized that the only difference between my mother's family and the senators and administrators that I was working with was that the latter wore suits and ties.

  Dan Burt

  Lying, School, Office

  Source: www.commonwealmagazine.org

  4 Copy quote

  Show source

• We don't invest in financial literacy in a meaningful way. We should be teaching elementary school children how to balance a checkbook, how to do basic accounting, why it's important to pay your bills on time. First, education. Begin the learning process as early as possible, in elementary school. Second, encourage and support entrepreneurism. Third, policy. I know it's a priority of the US Treasury to augment financial inclusion and increase financial literacy.

  Kabir Sehgal

  Meaningful, Children, Teaching

  Source: bobmorris.biz

  11 Copy quote

  Show source