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Nothing did more to spur the boom in stocks than the decision made by the New York Federal Reserve bank, in the spring of 1927, to cut the rediscount rate. Benjamin Strong, Governor of the bank, was chief advocate of this unwise measure, which was taken largely at the behest of Montagu Norman of the Bank of England....At the time of the Banks action I warned of its consequences....I felt that sooner or later the market had to break.
Bernard BaruchOur 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 AdamsWhen you say "bank," a bank is a building, a set of computers and chairs and things. The bankers are the people running these banks. They're the chief officers, and they push the loans because they don't care if they go bad. For one thing, they may package these bad loans and sell them off to gullible institutional investors.
Michael HudsonGrameen Bank was formed as an institution owned by its borrower members, who are poor women. Through its unique decision-making process, Grameen Bank has given millions of women the means to emerge from the shadows in a male-dominated society and to make something of themselves.
Muhammad YunusMoney 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 LietaerIf I finance a bank and I know if the bank will get in trouble I will be hit and I will lose money, I will put a price on that.
Jeroen DijsselbloemThe United States has given frequent and enthusiastic support to the overthrow of democracy in favor of "investor friendly" regimes. The World Bank, IMF, and private banks have consistently lavished huge sums on terror regimes, following their displacement of democratic governments, and a number of quantitative studies have shown a systematic positive relationship between U.S. and IMF / World Bank aid to countries and their violations of human rights.
Edward S. HermanWhile the river of life glides along smoothly, it remains the same river; only the landscape on either bank seems to change.
Max MullerThe government can now delve into personal and private records of individuals even if they cannot be directly connected to a terrorist or foreign government. Bank records, e-mails, library records, even the track of discount cards at grocery stores can be obtained on individuals without establishing any connection to a terrorist before a judge. According to the Los Angeles Times, Al Qaeda uses sophisticated encryption devices freely available on the Internet that cannot be cracked. So the terrorists are safe from cyber-snooping, but we're not.
Molly IvinsWhat 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 FriedmanAll problems, depressions, wars, disasters, assassinations, all of them were planned, caused, instigated, and implemented by the International Bankers and their attempt to establish a central bank in every country in the world, which they have now done, thanks to corrupt politicians who have been bought and paid for. This is all you need to know about the history of the world.
Mary Elizabeth CroftIt doesn't serve an American interest. It really doesn't really serve Israeli interests - it serves the interests of the political party that's getting the votes of the settlers on the West Bank.
Chris MatthewsOne thing you learned as a Cubs fan: when you bought you ticket, you could bank on seeing the bottom of the ninth.
Joe GaragiolaIf you ask around, it's pretty easy to find someone who has a bank account overdraft horror story to tell.
Carolyn MaloneyAnytime four New Yorkers get into a cab together without arguing, a bank robbery has just taken place.
Johnny CarsonTime is infinitely more precious than money, and there is nothing common between them. You cannot accumulate time; you cannot borrow time; you can never tell how much time you have left in the Bank of Life. Time is life.
Israel DavidsonI think the thing about capitalism is it's an evil necessity, capitalism. Communism has been tried and failed, and socialism, that doesn't work very well. Capitalism works, but the problem about capitalism is it does mean that a few individuals become very wealthy. Therefore, I think those individuals have enormous responsibility to redistribute that wealth either by creating new businesses or creating new jobs and making sure that money just doesn't lie in a bank account for future generations.
Richard BransonAmerican families cannot compete with billionaires. Our involvement in government should not be dependent on our bank account balances
Harry Reid[The Weather Channel] is the most watched cable channel in America. I'll repeat that. It is the most watched cable channel in America. They were worried about the terrorists immobilizing us, and a portion of our countrymen watch weather. 'Kay, you don't get any more immobile than that... unless you're in a goddamn coma. That means you're saying, "I'd go to the window, but it's too far." If you want to know what the weather is you go to a window and stick your hand out and if you want to know what the temperature is you drive by a bank.
Lewis BlackA being who, as I grew older, lost imagination, emotion, a type of intelligence, a way of feeling things - all that which, while it made me sorry, did not horrify me. But what am I experiencing when I read myself as if I were someone else? On which bank am I standing if I see myself in the depths?
Fernando PessoaWhen you talk with your mother you are one person; when you go to the bank or you're with your girlfriend you are another person, and that's the way I act. Then for me, it's important that I trust a director and as soon as I do, as soon as I feel comfortable with him, then I pull something out of myself that I didn't even know I had inside of me. That's what I like about this job.
Roland MรธllerAristocrats: n. fellows that wear downy hats and clean shirts - guilty of education and suspected of bank accounts.
Ambrose BierceWall Street can never be allowed to threaten main street again. No bank can be too big to fail, no executive too powerful to jail.
Hillary ClintonWhen you say "paying the banks," what they really mean is paying the bank bondholders. They are basically the One Percent.
Michael HudsonYou don't decide to build a church because you have money in the bank. You build because God says this is what I should do. Faith is the supplier of things hoped for and the evidence of things not seen.
Jim BakkerI don't know [why we're here]. People sometimes say to me, 'Why don't you admit that the humming bird, the butterfly, the Bird of Paradise are proof of the wonderful things produced by Creation?' And I always say, well, when you say that, you've also got to think of a little boy sitting on a river bank, like here, in West Africa, that's got a little worm, a living organism, in his eye and boring through the eyeball and is slowly turning him blind. The Creator God that you believe in, presumably, also made that little worm. Now I personally find that difficult to accommodate.
David AttenboroughIn some of the Israeli media, but not all, they read about very nasty things done by Israeli settlers and soldiers to Palestinian Arabs. This is a pain in the neck for many Israelis. They say: Leave us alone, what can we do about it? Or they say: Look at Syria, look at Iraq, the West Bank is paradise by comparison. I was one of the first to say, shortly after the Six-Day War, that occupation is corrupting. It corrupts the occupier and, in a different way, it corrupts the occupied.
Amos OzI think the gap between Israelis and Palestinians is too deep to be bridged in our generation. Politically, we are in favor of a regional solution. A part of Judea and Samaria (the West Bank) should be annexed by Israel, and the other parts should be incorporated in a confederation with Jordan.
Ayelet ShakedThe president has very little effect on the economy. If you want to put blame or credit, the main person who influences the business cycle is the head of the Federal Reserve Bank.
Robert FogelLet us not forget the East Bank of the (River) Jordan, where seventy per cent of the inhabitants belong to the Palestinian nation.
George HabashIt's one thing to ask your bank manager for an overdraft to buy 500 begonias for the borders in Haslemere, but quite another to seek financial succour to avail oneself of the 5-2 they're offering on lie de Bourbon for the St Leger.
Jeffrey BernardThe friendship of the bad is like the shade of some precipitous bank with crumbling sides, which, falling, buries him who is beneath.
J. K. BharaviYou start to become successful, and everybody starts to drive your money train to the bank, and they're not thinking anymore about what you want as an artist or if any of that even matters to you. It genuinely upsets people in my life that I don't care about money, and that's not my problem.
Lady GagaYou know, if your parents didn't have you, they'd be living in a nicer home, driving a Mercedes-Benz, with money in the bank and a boat. But noooooo. They had to have you! You've got to give back!
Richard SimmonsMany ideas have been transformed by adding one crucial adjective-women's bank, women's music, women's studies, women's caucus. That adjective did more than change a phrase. It implied a lot of new content: child care, flexible work hours, new standards of creditworthiness, new symbolism, new lyrics.
Gloria Steinem[T]he rule of law does more than ensure freedom from high-handed action by rulers. It ensures justice between man and man however humble the one and however powerful the other. A man with five dollars in the bank can call to account the corporation with five billion dollars in assets-and the two will be heard as equals before the law.
Dwight D. EisenhowerPlaying nuts is a game like any other, neither better than tops, nor worse than cards. The game is played in various ways. There are 'holes' and 'bank' and 'caps.' But every game finishes up in the same way. One boy loses, another wins. And, as always, he who wins is a clever fellow, a smart fellow, a good fellow.
Sholom AleichemAt the beginning of a remodel, money is everything, but as you go along, it becomes secondary to the vision. You can't have the house looking like a glorious jewel and leave the cracked linoleum or the icky light fixture, so you spend and spend and spend. Then one day it suddenly occurs to you that all that play money you've been throwing around is real - and it's in someone else's bank account.
Margo KaufmanIt takes 150 years to build an investment bank and only five minutes to convince you to sell me preferred stock in it at a 10% interest rate.
Warren BuffettTo believe that your husband, wife, parents, kids, boss, job, bank account, or body is even partly responsible for your emotions, to think that there are bullets 'out there' that you have to contend with, that there are stressful life events to overcome, is to miss something vital.
Andrew BernsteinA cozy home is not just a sixty-five thousand dollar house bought from Bank of America. A cozy home is a total consciousness of the two individuals within the framework of the home, and in relationship to the entire surrounding of this planet and beyond this planet. God lives in cozy homes.
Harbhajan Singh Yogi