Treasury Quotes - Page 6

• The last official act of any government is to loot the treasury.

  George Washington

  Government, Lasts, Officials

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• Education is like a diamond with many facets: It includes the basic mastery of numbers and letters that give us access to the treasury of human knowledge, accumulated and refined through the ages; it includes technical and vocational training as well as instruction in science, higher mathematics, and humane letters.

  Ronald Reagan

  Science, Numbers, Giving

  Reagan, Ronald (1988). “Public Papers of the Presidents of the United States: Ronald Reagan, 1986”, p.490, Best Books on

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• We have already significant sums of money in our petroleum fund, a fund created by law that includes all the revenues received from the Timor Sea, and invests in conservative, safe, long-term investment portfolios - right now in US Treasury Bonds.

  Jose Ramos-Horta

  Sea, Law, Ties

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• If you need to put your money in a safe and secure place and you want it to earn interest, Treasury bonds are safer than putting it in any bank as a deposit or putting it anywhere else, because they are backed by the full faith and credit of the United States Government.

  Jim Cooper

  Ties, Government, Safe

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• No heart can conceive that treasury of mercies which lies in this one privilege, in having liberty and ability to approach unto God at all times, according to his mind and will.

  John Owen

  Lying, Heart, Mind

  John Owen (1862). “The Works of John Owen”, p.316

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• War, and more wars, are helping Government to siphon the earnings of its people into its treasury for its own selfish purpose, which is to rule the people for the Government instead of for the purpose of serving the people. When will the people see that the very taxes they pay are building a power to be used against them?

  Walter Russell

  Peace, Selfish, War

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• If the Treasury were to fill old bottles with bank-notes, bury them at suitable depths in disused coal-mines which are then filled up to the surface with town rubbish, and leave it to private enterprise on well-tried principles of laissez-faire to dig the notes up again (the right to do so being obtained, of course, by tendering for leases of the note-bearing territory), there need be no more unemployment and, with the help of repercussions, the real income of the community, and its capital wealth, would probably become a good deal greater than it actually is.

  John Maynard Keynes

  Real, Filled Up, Digging A Hole

  John Maynard Keynes (2006). “General Theory Of Employment , Interest And Money”, p.116, Atlantic Publishers & Dist

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• Coal research and development provides huge benefits for the nation, and pay for itself many times over through taxes flowing back to the Treasury from expanded economic activity.

  Tim Holden

  Research And Development, Coal, Benefits

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• The petroDollar system breaking down, where oil is no longer paid for in Dollars internationally, essentially would be the death knell to the US Dollar as the reserve currency. It means the US can't borrow with 'exorbitant privilege' anymore, and it means the US Treasury market is set for an out-of-control interest rate spiral.

  Addison Wiggin

  Mean, Oil, Dollars

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• When I was seven or eight, I was bought a fantastic book called 'The Movie Treasury of Horror Movies' by Alan G. Frank; it became my bible. It's packed full of the most amazing photos and is still fantastic to look at.

  Mark Gatiss

  Book, Eight, Looks

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• All we want in Christ, we shall find in Christ. If we want little, we shall find little. If we want much, we shall find much; but if, in utter helplessness, we cast our all on Christ, He will be to us the whole treasury of God.

  Henry Benjamin Whipple

  Want, Littles, Christ

  "Dictionary of Burning Words of Brilliant Writers" by Josiah Hotchkiss Gilbert, p. 95, 1895.

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• Thou hast put me in this world for something, Lord; show me what that is, and help me to work out my life-purpose: I cannot do much, but as the widow put in her two mites, which were all her living, so, Lord, I cast my time and eternity too into thy treasury; I am all thine; take me, and enable me to glorify thee now, in all that I say, in all that I do, and with all that I have.

  Charles Spurgeon

  Two, Work Out, Purpose

  C. H. Spurgeon (2006). “Morning by Morning”, p.46, Hendrickson Publishers

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• Defaulting on the nation's debt would be cataclysmic. The U.S. Treasury's Aaa rating is the one constant in the world's financial system. When times are bad anywhere on the planet, global investors flock to Treasury bonds because they know they will get their money back.

  Mark Zandi

  Would Be, Debt, World

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• The streets and alleys of the ward were notoriously filthy, and the contractors habitually neglected them, not failing, however, to draw their regular payments from the city treasury.

  Ray Stannard Baker

  Cities, City Streets, Failing

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• Whoever after due and proper warning shall be heard to utter the abominable word "Frisco", which has no linguistic or other warrant, shall be deemed guilty of High Misdemeanour, and shall pay into the Imperial Treasury as penalty the sum of twenty-five dollars.

  Emperor Norton

  San Francisco, Twenties, Bay Area

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• No honest hardworking official likes to see good money disappearing into the hands of the Treasury at the end of the financial year.

  Joyce Cary

  Money, Hands, Years

  Joyce Cary (1991). “Mister Johnson”, New Directions Publishing Corporation

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• Part of my job is to make sense of all that I hear, and to retell it in a forceful way so that the decision-makers at Treasury can hear it. At least that's how I see it.

  Elizabeth Warren

  Jobs, Decision, Way

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• The U.S. Treasury has got borrowing costs like nobody else has. They can borrow basically unlimited amounts. They can stay there for years and years. These assets will be worth more money over time.

  Howard Warren Buffett

  Years, Cost, Assets

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

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• 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.

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• 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

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• 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

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• I was dupedby the Secretary of the treasury [Alexander Hamilton], and made a fool for forwarding his schemes, not then sufficiently understood by me; and of all the errors of my political life, this has occasioned the deepest regret.

  Thomas Jefferson

  Regret, Errors, Political

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• There are always those who are willing to surrender local self-government and turn over their affairs to some national authority in exchange for a payment of money out of the Federal Treasury. Whenever they find some abuse needs correction in their neighborhood, instead of applying the remedy themselves they seek to have a tribunal sent on from Washington to discharge their duties for them, regardless of the fact that in accepting such supervision they are bartering away their freedom.

  Calvin Coolidge

  Freedom, Self, Government

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• I firmly believe that the army of persons who urge greater and greater centralization of authority and greater and greater dependence upon the Federal Treasury are really more dangerous to our form of government than any external threat that can possibly be arrayed against us.

  Dwight D. Eisenhower

  Believe, Army, Government

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• Dollar depreciation leads to higher inflation and ultimately forces foreign creditors to question their rationale and indeed their sanity for continuing purchases of U.S. Treasuries.

  Bill Gross

  Dollars, Sanity, Creditors

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