Quotes About Banks

I passionately disagreed with Treasury Secretary Hank Paulson's plan to bail out the banks by using a public fund called the Troubled Asset Relief Program (TARP) to help banks take toxic assets off their balance sheets. I argued that it would be much better to put the money where the hole was and replenish the equity of the banks themselves.

Both in the US and throughout the world, there needs to be a growing presence of public development banks. These banks would make loans based on social welfare criteria - including advancing a full-employment, climate-stabilization agenda - as opposed to scouring the globe for the largest profit opportunities regardless of social costs.... Public development banks have always played a central role in supporting the successful economic development paths in the East Asian economies.

No business in the economy has the easy money that banks get to play with.... The existence of banks with single digit amounts of equity is a completely unhealthy existence -- that is not only a risk for the banks, but for all of us.

Banks are run by executives, and executives protect themselves, and that does not always mean that banks are going to behave rationally.

It's responsible for the sloppiness and imprecision of the War on Terror, for example. It's responsible for taking people's tax dollars and spending the country into debt on useless wars and pointless pork projects to buy votes. It's responsible for bailing out the banks instead of standing up for the people the banks cheated. It's responsible for plenty.

I am persuaded that the people of the world have no grievances, one against the other. The hopes and desires of a man who tills the soil are about the same whether he lives on the banks of the Colorado or on the banks of the Danube.

From my point of view, the American financial system - including banks and investment banks - is far safer because of capital and liquidity requirements. Despite all the turbulence so far this year, I don't think anyone's questioning our system. And that, obviously, is a good thing.

The major studios are by and large banks, and they give you what is by and large a loan to make a movie. Like banks, they want their money back plus.

Without giving specific names, most of the significant American banks, the larger banks, are bankrupt, totally bankrupt.

Everyone knows that Jews control the media and banks and stuff. But did you know that when you go to a carnival and you have to be a certain height to go on a ride, Jews control that height? It has nothing to do with safety. It's just us flexing our Semitic muscles.

Like the Roman town grid, the New York plan was laid down on largely empty land, a city designed in advance of being inhabited; if the Romans consulted the heavens for guidance in this effort, the city fathers of New York consulted the banks.

Not an old woman that buys a paper of pins, without yielding a part of the price to the banks as interest!

These settlements [Justice Department with lenders] include requirements that banks lend to minorities at below-market rates and, in effect, dish out cash to politically favored 'community groups.' It's a good bet that many of these loans will eventually go bad.

What should really be happening is a revolution. The system should be torn apart by the people and banks shouldn't be allowed to do what they do, and giant corporations shouldn't be allowed to run the world to the ground the way they're doing. But that's not happening for whatever reason.

Once you begin to talk about wealth inequality, especially as it relates to corporations and big banks, or engage in an indictment of U.S. foreign policy, you are really getting at the center of a society that is very fearful of that kind of critique.

The central banks cannot control interest rates. That's a mistake. They can control a particular rate, such as the Federal Funds rate, if they want to, but they can't control interest rates.

Your heart is like a great river after a long spell of rain, spilling over its banks. All signposts that once stood on the ground are gone, inundated and carried away by that rush of water. And still the rain beats down on the surface of the river. Every time you see a flood like that on the news you tell yourself: That’s it. That’s my heart.

I rob banks because that's where the money is.

Most banks - with Deutsche Bank at the top of the spectrum here - have decided that they can't make money lending to barrowers anymore, so they're going to the second business plan: They lend money to casino capitalists. That is, to people who want to gamble on derivatives.

This 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

I 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.

And I think the more money you put in people's hands, the more they will spend. And if they don't spend it, they invest it. And investing it is another way of creating jobs. It puts money into mutual funds or other kinds of banks that can go out and make loans, and we need to do that.

Before 1980, it was basically illegal for U.S. banks to invent new products.

In the developing world, they don't have smartphones yet. They have the older plastic phones, but women are saving money on those, because they don't have access to banks. Having that access to digital money changes everything for her because she actually doesn't have to negotiate with her husband, which she will tell you is very hard in these circumstances, especially when the means are meager. She's expected to have money to pay for the kids' health or to help with the school fees.

The remarks that [Steven] Lerner gave at Pace University: "'Unions are almost dead. We cannot survive doing what we do but the simple fact of the matter is community organizations are almost dead also. And if you think about what we need to do it may give us some direction which is essentially what the folks that are in charge - the big banks and everything - what they want is stability.'" So we have "'to destabilize the folks that are in power and start to rebuild a movement'".

It has been a masterful fight-back by the big banks. We the paying public can't do anything much except admit defeat and settle back for the next set of bills. In the meantime, perhaps, we should try and think of a name for the new economic system, which certainly isn't capitalism ... The most accurate term would probably be "bankocracy".

Our Soviet society is socialist because private ownership of factories, plants, land, banks and means of transportation has been abolished in our country, and replaced by public ownership.

We are seeing pioneers moving out to the Internet, banks that are taking transactions, retail shopping on the Internet, and although it's going to take most of a decade before most adults are turning to the Internet for a high percentage of their act

I like money. That is, it is my preferred means of completing pecuniary transactions. I'm not particularly keen on handing over wads of currency of the realm, but at least one knows where one is, whereas the chequebook is a snare and a delusion, containing misleading numbers of blank cheques when none of the money that the bank contains is rightfully one's own. ... I think banks owe their customers a lot by way of compensation for the aggravation they cause them.

As I have read the Gospels over the years, the belief has grown in me that Christ did not come to found an organized religion but came instead to found an unorganized one. He seems to have come to carry religion out of the temples into the fields and sheep pastures, onto the roadsides and the banks of the rivers, into the houses of sinners and publicans, into the town and the wilderness, toward the membership of all that is here. Well, you can read and see what you think.

An interesting attribute of public banks is that they don't only de-risk the downside, but also get a share of the upside.

Our consumer-oriented economy wouldn't survive without economic growth. The whole mechanism depends on invention and insinuation of novelties, arousing new wants, seduction and temptation. This is the problem we face - much more than recapitalizing the banks. The question is: Is that kind of economy sustainable?

In the same way that banks succeeded at privatizing the profits and socializing the losses as they led the global economy to the brink of collapse, we are in danger of doing the same with the environment. Humanity has taken a huge leap in the last decades and become a planetary-scale force - we need to behave as a global civilization if we are not to face catastrophic consequences.

Rivers must have been the guides which conducted the footsteps of the first travelers. They are the constant lure, when they flow by our doors, to distant enterprise and adventure, and, by a natural impulse, the dwellers on their banks will at length accompany their currents to the lowlands of the globe, or explore at their invitation the interior of continents.

Conservatives brayed that government should stay out of the private sector; liberals bleated for nationalizing the banks.

Reason and faith are both banks of the same river.

I think changing the Democratic Party platform [at the convention] is a great place to start. It should include expanding Social Security, a $15 minimum wage, and breaking up too-big-to-fail banks on Wall Street - among other Sanders priorities.

The white spruce forest along the banks is most inspiring, magnificent here. Down the terraced slopes and right to the water's edge on the alluvial soil it stands in ranks.

You could argue the banks are much better capitalised than they were going into the crisis, and everyone's in a much more vigilant state because they still remember the crisis.

A river without banks is a large puddle.

As a chef, I had started working with groups like Share Our Strength and various local food banks in New York, raising money for hunger-related issues. And not only me, but the entire restaurant industry has been very focused on this issue.

I'll tell you where the injustice is. It's with the person earning £12,000 to £15,000-a-year who is being asked to be restrained by their business or employer. Yet the taxpayer has bailed out the banks, so why are they not showing restraint?

Good presidents, people like George Bush, they SEND people to war. They don't bring them a rescue. This is America. We rescue insurance companies and banks.

I think too many politicians are not listening to the men and women they represent, and if we're going to change the path America is on, we have got to be fighting for policies not that benefit the giant corporations and the banks and the special interests and the lobbyists, which is what Washington focuses on every day, but instead every policy needs to focus on the working men and women, the truck drivers and the steelworkers, and the young people.

Day was breaking at Plashwater Weir Mill Lock. Stars were yet visible, but there was dull light in the east that was not the light of night. The moon had gone down, and a mist crept along the banks of the river, seen through which the trees were the ghosts of trees, and the water was the ghost of water. This earth looked spectral, and so did the pale stars: while the cold eastern glare, expressionless as to heat or colour, with the eye of the firmament quenched, might have been likened to the stare of the dead.

Needless to say, banks and bondholders do not want to promote any arguments explaining the limits to how much can be paid without pushing economies into depression.

Over the last 30 odd years, Democrats have moved to the right and the right has moved into the mental hospital. So what we have is one perfectly good party for hedge fund managers, credit card companies, banks, defense contractors, big agriculture and the pharmaceutical lobby... That's the Democrats. And they sit across the aisle from a small group of religious lunatics, flat-earthers and civil war re-enactors who mostly communicate by AM radio and call themselves the Republicans and who actually worry that Obama is a socialist. Socialist? He's not even a liberal.

There really isn't a recovery, and no signs of it on the horizon, because people have to pay the banks. It's a vicious circle - or rather, a downward spiral.