Quotes About Banks

But the good news, the crime rate is down. Isn't that amazing? Less banks are being robbed. Well, sure. A, there's less banks. B, the banks don't have any money left. And C, nobody's got gas money for the getaway car. So, right there, crime is down!

Before the 1970s, banks were banks. They did what banks were supposed to do in a state capitalist economy: they took unused funds from your bank account, for example, and transferred them to some potentially useful purpose like helping a family buy a home or send a kid to college.

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.

The financial crisis of 2008 was not caused by investment banks betting against the housing market in 2007. It was caused by the fact that too few investors - including all of the big investment banks - bet too heavily on the housing market in the years before 2007.

Dodd-Frank was passed. ... This is the biggest kiss that's been given to New York banks I've ever seen. This is an enormous boon for them. There've been 122 community and small banks have closed since Dodd- Frank. ... I would repeal and replace it.

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

I rob banks for a living. What do you do?

My operating assumption is we will always have very tough competition. And even with some European banks struggling right now, some of them can reemerge - and maybe even stronger.

My 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 impact… else there would have been no Central Bank of Sweden to have established the award [Nobel Prize] I am honoured to receive.

Why did I rob banks? Because I enjoyed it. I loved it. I was more alive when I was inside a bank, robbing it, than at any other time in my life. I enjoyed everything about it so much that one or two weeks later I'd be out looking for the next job. But to me the money was the chips, that's all.

The typical fund company services 401k plan participants in the same way that Baby Face Nelson serviced banks.

Welcome to the age of paper money, where governments and central banks can manufacture as much money as they want without limit. Gold was the last limit. Its banishment as a standard unleashed the inflation monster and leviathan itself, which has swelled beyond comprehension.

They like to take all this money from sin, build big universities to study in, sing Amazing Grace all the way to the Swiss banks.

No. It is not acceptable that the 6 largest financial institutions in this country have assets of almost 10 trillion dollars, and issue half of the mortgages and two-thirds of the credit cards. That is too much wealth and power in the hands of a few. If Teddy Roosevelt were alive today he'd tell us to 'break them up.' And he'd be right. These huge banks must be broken up.

If you have to pay about forty to forty-three percent of your income for housing, you also have to pay fifteen percent of your paycheck for the FICA for Social Security wage withholding. You have to pay medical care, you have to pay the banks for your credit card debt, student loans. Then you only have about twenty-five or thirty-five percent, maybe one-third of your salary to buy goods and services. That's all.

When you say "paying the banks," what they really mean is paying the bank bondholders. They are basically the One Percent.

Life can be lived at a remove. You trade in futures, and then you trade in derivatives of futures. Banks make more money trading derivatives than they do trading actual commodities.

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.

My family has spent 400 years farming on the banks of the Rio Grande. We know the value of hard work, love of the community, love for water and land.

I had some great role models along the way. My on-field heroes were the great Ernie Banks, Billy Williams, and Willie Mays. I wanted to be like them on the field, and I am so damn proud to join them in the Hall of Fame.

If there is one common theme to the vast range of crises...it is that excessive debt accumulation, whether it be by the government, banks, corporations, or consumers, often poses greater systemic risks than it seems during a boom.

Credit cards have been extremely profitable to banks. They're profitable not from the fees they collect from the retailers that use the credit cards, that pays the bills, but the real profits come from the interest payments and the charges to users that are unexpected.

[Banks] have a clear obligation to help get this country off its addiction to debt because they sure as hell helped to get this country addicted to debt.

I have supported candidates whose views are very different than mine on the need the break up Wall Street banks, on the war in Iraq, on trade issues. Of course I have supported those people. My hope is that we're going to see - and I believe it is the case - we're going to see more and more strong progressives running for office. That's my hope. That's my desire. But that is up to - that decision is going to be made by people in 50 states and 435 congressional districts.

A river without banks is a large puddle.

She was no longer that happy creature who in earlier youth wandered with me on the banks of the lake and talked with ecstasy of our future prospects. The first of those sorrows which are sent to wean us from the earth had visited her, and its dimming influence quenched her dearest smiles.

Banks get in trouble for one reason: They make bad loans.

I read books more than I go out. As a matter of fact, I get a little concerned about some of my anti-social habits. I will choose a night with Somerset Maugham or Russell Banks over a crowded bar any day.

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.

Most Swiss banks do have a whistleblower program, but they use it to punish those who avail themselves of it.

It would seem that emotions are the curse, not death-emotions that appear to have developed upon a few freaks as a special curse from Malevolence. All right then. It is our emotions that are amiss. We are freaks, the world is fine, and let us all go have lobotomies to restore us to a natural state. We can leave the library then, go back to the creek lobotomized, and live on its banks as untroubled as any muskrat or reed. You first.

We find the instinct to shut out competition deep-rooted even among banks and corporations, among corner grocers and haberdasheries, among peanut vendors and shoeshine boys-and even among young ladies in search of a husband.

The Japanese banks are not having an easy time as they once had.

Whether or not you have good consumer protection has a big effect on safety and soundness of the banking community, especially smaller banks.

I hate banks. They do nothing positive for anybody except take care of themselves. They're first in with their fees and first out when there's trouble.

Every day it gets worse and worse and worse. We just want to get everyone to vote and be a part of the noise. I can't do phone banks because I have to save my voice for stage, so the least I can do is a song.

All banks should be under government control. Deposits guaranteed, dividends reduced, officials turned into state servants taking their orders from Washington.

Banks are slowly but surely lending again, and never again will taxpayers foot the bill for Wall Street’s excesses. In case we forgot, that was the change we believed in. That was the change we fought for. That was the change President Obama delivered.

Paying debt service to banks leaves less income to buy goods and services.

You yourself are time- your body, your mind, the objects around you. Plunge into the river of time and swim, instead of standing on the banks and noting the course of the currents.

Listening to her, one experienced a deep uneasiness as of having avoided an urgent responsibility, like someone who, walking at night along the banks of a stream, catches a glimpse in the water of a white face or a moving limb and turns quickly away, refusing to help or to search for help. We all see the faces in the water. We smother our memory of them, even our belief in their reality, and become calm people of the world; or we can neither forget or help them. Sometimes by a trick of circumstances or dream or a hostile neighborhood of light we see our own face.

I fear debt. I don't like being indebted to banks. I have a rule in life that I will get it when I can afford it.

People, governments and economies of all nations must serve the needs of multinational banks and corporations.

Education is something that should not be organized on a for-profit basis, because in that case its purpose is not really to provide an education. It's not to teach students how to get better work, but how to provide banks with a free giveaway opportunity from the government, by making junk loans that are defaulted on. The effect may be to wreck the futures of the graduates that fall for the false promises that are being made.

I have been especially fortunate for about 50 years in having two memory banks available-whenever I can't remember something I ask my wife, and thus I am able to draw on this auxiliary memory bank. Moreover, there is a second way In which I get ideas ... I listen carefully to what my wife says, and in this way I often get a good idea. I recommend to ... young people ... that you make a permanent acquisition of an auxiliary memory bank that you can become familiar with and draw upon throughout your lives.

Now the stream of our common consciousness seems to be obliterating its own banks, losing its central direction and purpose, flooding the lowlands, disconnecting and isolating the highlands and to no particular purpose other than the wasteful fulfillment of its own internal momentum

I'm so moved when I see everyday Americans standing together, against all odds, to make their lives and communities better - whether it's organizing against big factories polluting their air or against big banks corrupting our economy and political system.

Oil now, as a result of the Saudi production, is priced so low that there are not going to be new fracking investments made. A lot of companies that have gone into fracking are heavily debt-leveraged, and are beginning to default on their loans. The next wave of defaults that banks are talking about is probably going to be in the fracking industry. When the costs of production are so much more than they can end up getting for the oil, they just stop producing and stop paying their loans.