Popular quotes about Banks! Wisdom and inspiration are here!
It does not stand to give banks millions of dollars at an interest rate of one percent, when banks charge students an interest rate of 6 percent. Why should the banks be scalping students?
Jesse JacksonAnd the banks - hard to believe in a time when we're facing a banking crisis that many of the banks created - are still the most powerful lobby on Capitol Hill. And they frankly own the place.
Dick DurbinCan you know you can have institutions that put curbs on that in various ways, and actually what the banks, you know, they have various capital ratios and that sort of thing, but the banks got around them, I mean, they set up sieves and that sort of thing just to get more leverage. People love leverage when it's working. I mean, it's so easy to borrow money from a guy at X and put it out at X.
Warren BuffettThe best stock a man can invest in, is the stock of a farm; the best shares are plow shares; and the best banks are the fertile banks of a rural stream; the more these are broken the better dividends they pay.
Henry Ward BeecherThe goal of the FED, as with all central banks, is three-fold: (1) to protect the largest commercial banks from their depositors, who occasionally exercise their contractual right to withdraw currency (the ungrateful cads); (2) to control entry of newcomers into the bankers' cartel (interlopers); (3) to keep the stock market from collapsing in a panic, thereby persuading depositors to withdraw currency
Gary NorthHillary Clinton trashes the banks every time she opens her mouth, and yet she made $21 million in two years making speeches to those very banks that she trashes every day.
Rush LimbaughThis is the first global crisis that doesn't start in poor countries and it was caused by the rich countries. So it's necessary to take advantage of this crisis - the financial system has to be regulated. It's necessary that the central banks in the world should control a little bit the banks' financing, because they cannot bypass a certain range of leverage. And I believe that there's no other - more any reason for a G-8 group or any other "G." I believe that we should guarantee that the G-20 should be now an important forum to discuss the major economic issues of the world.
Luiz Inacio Lula da SilvaOur whole system of banks is a violation of every honest principle of banks. There is no honest bank but a bank of deposit. A bank that issues paper at interest is a pickpocket or a robber. But the delusion will have its course. ... An aristocracy is growing out of them that will be as fatal as the feudal barons if unchecked in time.
John AdamsBanks have a new image. Now you have 'a friend,' your friendly banker. If the banks are so friendly, how come they chain down the pens?
Alan KingWhen I was young, I thought banks were there to protect the assets of people who had justified concerns, because of their experiences under communism for example.
Herve FalcianiMy monetary studies have led me to the conclusion that central banks could profitably be replaced by computers geared to provide a steady rate of growth in the quantity of money. Fortunately for me personally, and for a select group of fellow economists, that conclusion has had no practical impactโฆ else there would have been no Central Bank of Sweden to have established the award [Nobel Prize] I am honoured to receive.
Milton FriedmanTh' newspaper does ivrything f'r us. It runs th' polis foorce an' th' banks, commands th' milishy, controls th' ligislachure, baptizes th' young, marries th' foolish, comforts th' afflicted, afflicts th' comfortable, buries th' dead an' roasts thim aftherward.
Finley Peter DunneNo one pushed harder than Congressman Barney Frank to force banks and other financial institutions to reduce their mortgage lending standards, in order to meet government-set goals for more home ownership. Those lower mortgage lending standards are at the heart of the increased riskiness of the mortgage market and of the collapse of Wall Street securities based on those risky mortgages.
Thomas SowellI am a Black revolutionary woman, and because of this i have been charged with and accused of every alleged crime in which a woman was believed to have participated. The alleged crimes in which only men were supposedly involved, i have been accused of planning. They have plastered pictures alleged to be me in post offices, airports, hotels, police cars, subways, banks, television, and newspapers. They have offered . rewards for my capture and they have issued orders to shoot on sight and shoot to kill.
Assata ShakurCentral banks have gotten out of the central banking business and into the central planning business, meaning that they are devoted to raising up-if they can-economic growth and employment through the dubious means of suppressing interest rates and printing money. The nice thing about gold is that you can't print it.
James GrantIโm a capitalist, not a corporatist. Iโm not someone who believes we should be bailing out corporations whether their auto industries, or banks.
Rick SantorumThe typical fund company services 401k plan participants in the same way that Baby Face Nelson serviced banks.
William J. BernsteinWomen were like rivers, their banks were unreachable, the night often rang with the cries of the drowned.
Thomas BernhardThis is the twilight of the banks. It would be a more cheerful spectacle if we could envision the dawn of the institutions that will replace them
Martin MayerI like the whole laid-back rapping. I wish I could rap! I wish I could wrap like Azealia Banks or Lil Wayne or someone like that.
Charli XCXIt's time for the wealthy to pay their fair share before the middle class becomes the forgotten class.- And it's time for the banks to give back what they were given. There are those in politics, particularly those on the conservative side, who can't get enough of telling people that the wealthy one per cent must not be taxed because doing so kills jobs. The real job-killers are corporate greed and political expediency. It's time for working people in Maine and all across the country to take back the American dream.
Stephen KingI don't think I've ever been critical of the money Douglas Adams makes, especially since, as has been tactfully pointed out, I myself have had to change banks having filled the first one up.
Terry PratchettNegro banks, as a rule, have failed because the people, taught that their own pioneers in business cannot function in this sphere, withdrew their deposits.
Carter G. WoodsonWhere are the jobs going to come from?Small business, manufacturing and clean energy. Where's the money to finance them? The banks and the corporations in America today have lots of money that they can invest right now.
William J. ClintonThey like to take all this money from sin, build big universities to study in, sing Amazing Grace all the way to the Swiss banks.
Bob DylanManaging the other fellow's business is a fascinating game. Trade unionists all over the country have pronounced ideas for the reform of Wall Street banks; and Wall Street bankers are not far behind in giving plans for the tremendous improvement of trade union policies. Wholesalers have schemes for improving the retailer; the retailer knows just what is wrong in the conduct of wholesale business-and we might go through a long list.... Yet for some reason the classes that ought to be helped keep on stubbornly clinging to their own method of running their affairs.
B. C. ForbesEverybody would be better off if they could buy housing for only, let's say, a carrying charge of one-quarter of their income. That used to be the case 50 years ago. Buyers had to save up and make a higher down payment, giving them more equity - perhaps 25 or 30 percent. But today, banks are creating enough credit to bid up housing prices again.
Michael HudsonBanks lend by creating credit. They create the means of payment out of nothing.
Ralph George HawtreyNorth Carolina is home to some of the largest financial institutions in the country, and a vibrant network of community banks. We're a banking state, and we're proud of that distinction. But we also understand that responsible financial regulation protects consumers and businesses.
Kay HaganIn the economy of the cuckoo people that populate central banks, everything is possible. What you have is gigantic bubbles, the NASDAQ in 2000, then the housing bubble and then commodities in 2008 when oil went from $78 to $147 before plunging to $32 within six months.
Marc FaberNews is like the tilefish which appears in great schools off the Atlantic Coast some years and then vanishes, no one knows whither or for how long. Newspapers might employ these periods searching for the breeding grounds of news, but they prefer to fill up with stories about Kurdled Kurds or Calvin Coolidge, until the banks close or a Hitler marches, when they are as surprised as their readers.
A. J. LieblingWhen the banks create the money, they don't create the interest. They send you into the world to compete with everybody else to get the second $100,000 that never was created and bring it back to them. So if we're in a world with zero-growth population, goods, services, and money, the problem would be obvious.
Bernard LietaerIn a swamp, as in meditation, you begin to glimpse how elusive, how inherently insubstantial, how fleeting our thoughts are, our identities. There is magic in this moist world, in how the mind lets go, slips into sleepy water, circles and nuzzles the banks of palmetto and wild iris, how it seeps across dreams, smears them into the upright world, rots the wood of treasure chests, welcomes the body home.
Barbara HurdThe money to fund great things and innovations and programs is gone in our lifetime; it's all gone to debt. So we won't be able to solve global warming or have the transportation that we needed for the 21st century. We should be supporting people with great ideas, but it's gone, and now it's gotta be paid back with interest to banks in China.
Michael MooreIt felt like the first thing, but when I first started out, I got a job adapting a book by Russell Banks called 'Rule Of The Bone.' I didn't do a very good job. I didn't really know what I was doing in general, let alone how to adapt a book.
Paul Thomas AndersonI believe that banking institutions are more dangerous to our liberties than standing armies. Already they have raised up a moneyed aristocracy that has set the Government at defiance. The issuing power should be taken from the banks and restored to the people to whom it properly belongs.
Thomas JeffersonThe world's central banks and the International Monetary Fund still have vaults full of bullion, even though currencies are no longer backed by gold. Governments hold on to it as a kind of magic symbol, a way of reassuring people that their money is real.
James SurowieckiI am not impressed by the Ivy League establishments. Of course they graduate the best -- it's all they'll take, leaving to others the problem of educating the country. They will give you an education the way the banks will give you money -- provided you can prove to their satisfaction that you don't need it.
Peter De VriesHave a goal in life. When water is everywhere, it is a flood, but if it is in between banks, it is a river. It is nice to have a goal, so your life force gets channelized!
Sri Sri Ravi ShankarFor many people, the mortgages they took out before 2008 are so high that they would be better off walking away from their houses. That is called "jingle mail," returning the keys to the bank and saying, "You can have the house. I can buy the house next door that's just like this for 20% less, so I'm going to save money and switch." That's what someone like Donald Trump or a real estate investor would do. But the banks are trying to convince the mortgage debtors, the homeowners, not to act in their own self-interest.
Michael HudsonAll of this is happening because there has still been no reckoning post the financial crisis. So governments have fallen, one bloke has been to prison, the banks have gone pretty well back to status quo, the rich are getting richer, and the poor are getting poorer. And it's fuelling anger. And somehow [Donald] Trump, who represents the worst aspects of capitalism, has persuaded people he can deal with that.
Alastair CampbellThe basic scam in the Internet age is pretty easy even for the financially illiterate to grasp. It was as if banks like Goldman were wrapping ribbons around watermelons, tossing them out fiftieth-story windows, and opening the phones for bids. In this game you were a winner only if you took your money out before the melon hit the pavement.
Matt TaibbiI enjoyed being what I was in radio, which some thought of as a shock jock although, to this day, I still can't figure out what I've done that's so shocking. As to my favorite interviews, I loved having my mother and father on. I also enjoyed talking to Elmo, who's a puppet. I found T.I.'s trying to be extra-cool very endearing. Tyra Banks was not the diva I expected her to be. I loved talking to her. And Simon Cowell is a really nice guy. Yeah! He's my fave, and he's handsome.
Wendy WilliamsThe life in us is like the water in the river. It may rise this year higher than man has ever known it, and flood the parched uplands; even this may be the eventful year, which will drown out all our muskrats. It was not always dry land where we dwell. I see far inland the banks where the stream anciently washed, before science began to record its freshets.
Henry David ThoreauToronto won't topple New York or London as a financial center, nor will it dethrone Los Angeles as the international entertainment capital, but with its large and stable banks, numerous knowledge-based industries thriving in the surrounding mega-regions, and an increasingly diverse population, it will gain ground. And with employment opportunities in the largest centers eroding, it can make a big move on top global talent. It stands as a model of an older, once heavily industrial Frostbelt city that has not only turned itself around but continues to grow and thrive.
Richard Florida