Popular quotes about Bank! Wisdom and inspiration are here! | page 6
The World Bank is the monopoly provider of poverty data and, partly due to a leadership change there, the World Bank's reporting has been heavily on the rosy side since about 2000. The Bank's cultivation of an upbeat picture affords a very interesting lesson in statistics and how you can, depending on which numbers you present and how you present them, create a more positive or more negative impression of the evolution of poverty.
Thomas PoggeWhat's the best gamble in the world, right now? Its betting that Deutsche Bank stock is going to go down. Short sellers borrowed money from their banks to place bets that Deutsche Bank stock is going to go down. Now, it's wringing its hands and saying, "Oh the speculators are killing us." But it's Deutsche Bank and the other banks that are providing the money to the speculators to bet on credit.
Michael HudsonWhen you own gold you're fighting every central bank in the world. That's because gold is a currency that competes with government currencies and has a powerful influence on interest rates and the price of government bonds. And that's why central banks long have tried to suppress the price of gold. Gold is the ticket out of the central banking system, the escape from coercive central bank and government power.
James Rickards[T]he first bad bank loan was no doubt made around the time of the opening of the first bank.
James GrantFrom the U.S. point of view, negotiations are, in effect, a way for Israel to continue its policies of systematically taking over whatever it wants in the West Bank, maintaining the brutal siege on Gaza, separating Gaza from the West Bank and, of course, occupying the Syrian Golan heights, all with full U.S. support.
Noam ChomskyBad karma is the spiritual debt one has accumulated for one's mistakes from all previous lives and this life. It includes killing, harming, taking advantage, cheating, stealing, and more. On Mother Earth, when you buy a house, you take out a mortgage from a bank. This mortgage is your debt to the bank. You pay every month for fifteen, twenty, or thirty years to clear your financial debt. In the spiritual realm, if you have bad karma, you may have to pay for many lifetimes to clear your spiritual debt.
Zhi Gang ShaMoney is created through bank debt. When you go for a mortgage through a bank, they give you $100,000 to buy a house and basically send you out into the world to bring back $200,000 in the next twenty years. The first $100,000 is principal, and the second is interest.
Bernard LietaerI don't use a debit card. The safest thing is a credit card because you're using the bank's money. If someone accesses your information, they are stealing the bank's money, not yours.
Frank AbagnaleYou've seen certain credit type products that are going to be in nonbanks, like sophisticated CLO [collateralized loan obligation] tranches and stuff where the capital charge is so high that a bank simply will not own it. Someone will buy it, hedge it, trade it. But it won't typically be a bank.
Jamie DimonI founded Grameen Bank to provide loans to those considered traditionally unbankable. Grameen Bank works with the poorest and often illiterate, providing uncollateralized micro-loans for tiny business enterprises by which they can lift themselves and their families out of poverty.
Muhammad YunusJust like a house is worth whatever a bank's going to lend against it, an education is worth whatever the bank is going to lend the student to pay the university. So the availability of government-guaranteed student loans has vastly inflated the cost of education, just like it's inflated the cost of housing.
Michael HudsonIt really is easy to forget the unpleasant if we simply refuse to recall it. Withdraw only positive thoughts from your memory bank. Let the others fade away. And your confidence, that feeling of being on top of the world, will zoom up-ward. You take a big step forward toward conquering your fear when you refuse to remember negative, self-deprecating thoughts.
David J. SchwartzWhat happens when you get hurt? Take that kid at Kentucky, Nerlens Noel, who could have turned pro after high school.Who knows what's going to happen? How the operation is going to go? The only thing I do know is that he would have been a top pick in the draft last year, and he'd have millions of dollars in the bank.
Sonny VaccaroMy 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 FriedmanGoldman Sachs was fundamentally responsible for the crash of 2008, but by that time its former Chairman and Chief Executive Officer, Henry 'Hank' Paulson, had been installed as US Treasury Secretary to begin the bank bail out policy, with enormous benefit to Goldman Sachs, in the closing weeks of the Bush administration. Goldman Sachs was also instrumental in the collapse of the economy in Greece that started the 'euro panic' that later engulfed Ireland.
David IckeI think that much of the advice given to young men about saving money is wrong. I never saved a cent until I was forty years old. I invested in myself - in study, in mastering my tools, in preparation. Many a man who is putting a few dollars a week into the bank would do much better to put it into himself.
Henry FordWhatever you can handle, it's up to you. Pick something where you are going to do it to failure--in other words, where you can hardly do it. That's the key. So many people will just take five pound weights and do something 10 times. What are they getting out of it? Nothing! Say you are going to build up your bank account. If you put in a penny a day, it's going take a long while. It's the same with exercise--the more you put into it the more you take out.
Jack LaLanneWhen every piece of furniture and your underwear are taken by the bank, when you lose your house in Florida, in New York, in Amsterdam and L.A., when your wife is dying and your son abandons you, you don't feel very good.
Al GoldsteinThe law courts must appear as a threatening gesture toward secret vice. The bank must declare: here your money is secure and well looked after by honest people.
Adolf LoosThe massive corruption common in so many developing countries would be quite impossible if Western countries did not provide convenient opportunities to ship ill-gotten funds out of the country. It wouldn't make much sense for a ruler to store in his basement large quantities of stolen cash in his own country's currency. A corrupt ruler wants to be able to keep this money safe and to be able to spend it. And for this, he needs to convert it into a Western currency and store it in a bank abroad, where it can also earn investment returns and be bequeathed to his heirs.
Thomas PoggeThe first thing that is not obvious to people is global warming is a less-than-1% effect. It's like being shortchanged at the bank by a penny every dollar. Over a long period of time with lots of transactions, that piles up.
Nathan MyhrvoldThe impetus behind going to graduate school was a year after graduating from college spent in Dallas working at the dog food factory and Bank America and not having met success in my chosen field, which at that point was being an actress.
Beth HenleyThe bold effort the present (central) bank had made to control the government ... are but premonitions of the fate that await the American people should they be deluded into a perpetuation of this institution or the establishment of another like it.
Andrew JacksonEveryone asks about gold. This is the irony: just as Jim Grant tells us (correctly) that we all have faith-based paper currencies backed by nothing, it is equally fair to say that gold is a faith-based metal. It pays no dividend, cannot be eaten, and is mostly used for nothing more useful than jewelry. I would say that anything of which 75% sits idly and expensively in bank vaults is, as a measure of value, only one step up from the Polynesian islands that attached value to certain well-known large rocks that were traded.
Jeremy GranthamIf I were in severely straitened socio-economic circumstances and had to move to the U.S., I'd probably opt for Athens, GA, or Lawrence, KS. As boho guys usually do, live cheap in the Left Bank of Kansas.
William GibsonWhen you say "paying the banks," what they really mean is paying the bank bondholders. They are basically the One Percent.
Michael HudsonIt is interesting to contemplate an entangled bank clothed with many plants of many kinds with birds singing on the bushes, with various insects flitting about and with worms crawling through the damp earth and to reflect that these elaborately constructed forms so different from each other and dependent on each other and so complex a manner have all been produced by laws acting around us.
Charles DarwinBack in the late 1970's, when I was fifteen years old, I spent every penny I then had in the bank to fly across the continent in a 747 jet to Brandon, Manitoba, deep in the Canadian prairies, to witness a total eclipse of the sun.
Douglas CouplandNature will not let us fret and fume. She does not like our benevolence or our learning much better than she likes our frauds andwars. When we come out of the caucus, or the bank, or the abolition-convention, or the temperance-meeting, or the transcendental club, into the fields and woods, she says to us, "so hot? my little Sir.
Ralph Waldo EmersonThe Great Depression was going on, so that the station and the streets teemed with homeless people, just as they do today. The newspapers were full of stories of worker layoffs and farm foreclosures and bank failures, just as they are today. All that has changed, in my opinion, is that, thanks to television, we can hide a Great Depression. We may even be hiding a Third World War.
Kurt VonnegutTruth lives, in fact, for the most part on a credit system. Our thoughts and beliefs pass, so long as nothing challenges them, just as bank-notes pass so long as nobody refuses them.
William JamesComing from having absolutely nothing to having a few grand in the bank, it was a big culture leap. I think that's why I went off the rails a bit really, 'cause there was no training for it. They didn't do fame in schools.
Craig CharlesI've been here for eight years and I'm going into my 13th season. There's nothing I'd have liked better than to retire as a Jet. But the reality is, they released me. My goal now is not to break the bank. I did that twice already with my original contract and a restructuring. It's about winning a championship, and from this point forward, I'm going to go to the team that gives me the best chance to win a Super Bowl.
Kevin MawaeMarvelous Marv was holding down first base. This is like saying Willie Sutton works at your bank.
Jimmy BreslinJust as bank tellers need a thorough knowledge of legitimate currency in order to spot counterfeit bills, so Christians need a thorough knowledge of the Bible in order to spot bogus religious teachings. How grounded are you in the Scriptures? How deep are your theological roots? How capable are you of detecting false teachings?
Charles R. SwindollThe commercialism of yoga, the commercialism of Ayurveda, the commercialism of guru-ism, is difficult. It's difficult because it confuses, it confuses the general populations as to what this is all about, but yet those of us who are trained within a certain tradition, who trained from the ancestral gene bank, so to speak, it is fine, it's not bothersome at all because we must live.
Maya TiwariWe have a deal. And so there's movement towards a peace agreement, you know, a peace accord, a cease-fire, which is great. That's fabulous. It's unfortunate that we're also bombing Syria together [with Russians], and in my view we need - what we need to do together is create a weapons embargo together and get all the parties with the program here, and also collaborate on a freeze on the bank accounts of those countries that continue to fund terrorist enterprises, the No. 1 source of that being the Saudis.
Jill SteinI've got my eye on a few things to spend my money on. I've got my own bank card but I am really good with money. I don't spend too much at all.
Justin BieberI think most artists feel like they're outside society - no matter how many accolades they receive, or how much money is in your bank account, whatever is going on in your life on the professional side.
Aaron RoseI've never had a bank account in Switzerland since 1984. Why would the Swiss do this to me? Maybe the Swiss are trying to divert attention from the Holocaust gold scandal.
Benazir BhuttoThe bank's product is debt, because the banks want to make sure that they can get paid for the debt. But ultimately the only party that can pay the debt is the government, because it runs the printing presses. So the debts ultimately either are paid by the government, or they're paid by a huge transfer of property from debtors to creditors - or, the debts are written off.
Michael HudsonThe '80s to me, more than anything else, represents a time of real criminal activity in the office of the president: an incredibly disparate economy in terms of the class distinctions and whatnot, and a tremendous shallowness - a lot of sort of bank robbery by executives.
Martha PlimptonWe have to change public perception of ex-convicts. Most Canadians don't realize that when you come out of prison, you're a complete pariah. You can't get a car loan or money from a bank to start a business. So most end up back in prison within 24 months. It's just so wrong. We need to fix this problem.
Kevin O'Leary