Popular quotes about Banks! Wisdom and inspiration are here! | page 13
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.
George SorosIn our election manifesto is: we keep the right to create money and to bring in circulation, for the cause of the government ... Those who do not share this view, reply us to the issue of paper money is for the banks, the government should stay out of the banking business. I agree with Jefferson's opinion ... and just like him I say again: the issue of money is a matter for the government and the banks should stay out of government activity.
William Jennings BryanErnie Banks was a great great player and when he no longer could play, he became a great ambassador for the game. He represented the game with the highest of class and dignity. Everybody loved Ernie Banks. He enjoyed baseball, life and people. Our thoughts and prayers go out to his family. We have truly lost a baseball giant.
Tommy LasordaHillary 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 LimbaughI think the critical point, really, is that we need to focus black economic empowerment more on the creation of new wealth rather than on these big deals that have been characteristic of this process in the past, of people going to banks, borrowing a lot of money, buying this and when the shares don't perform very well, the shares go back to the banks, because there's other people who own this anyway. I think we need to re-focus it so that it really does impact on growth, new investment, new employment and a general, better spread of wealth in South Africa.
Thabo MbekiThe financial crisis has underscored how insufficient attention to fundamental corporate governance concepts can have devastating effects on an institution and its continued viability. It is clear that many banks did not fully implement these fundamental concepts. The obvious lesson is that banks need to improve their corporate governance practices and supervisors must ensure that sound corporate governance principles are thoroughly and consistently implemented.
Daniele NouyI admit that one should never underestimate the capacity of banks to destroy enormous amounts of accumulated capital and reduce, temporarily, the supply. After all, capital is the accumulated savings of mankind. And banks are great masters in destroying enormous amounts of capital with great regularity.
Arie de GeusWithout giving specific names, most of the significant American banks, the larger banks, are bankrupt, totally bankrupt.
Jim RogersRegulators are a backstop: they don't own banks. The governance at the top of our leading banks has been shown to be lamentably weak. No one at the top of Barclays will take responsibility for systemic abuse.
Vince CableInvestment banks manage to go bankrupt through their investment-banking activities, commercial banks manage to go bankrupt through their commercial-banking activities.
Ben BernankeLook at Ukraine. Its currency, the hernia, is plunging. The euro is really in a problem. Greece is problematic as to whether it can pay the IMF, which is threatening not to be part of the troika with the European Central Bank and the European Union making more loans to enable Greece to pay the bondholders and the banks. Britain is having a referendum as to whether to withdraw from the European Union, and it looks more and more like it may do so. So the world's politics are in turmoil.
Michael HudsonThey have poisoned the Thames and killed the fish in the river. A little further development of the same wisdom and science will complete the poisoning of the air, and kill the dwellers on the banks. I almost think it is the destiny of science to exterminate the human race.
Thomas Love PeacockI was interested in this relationship between the armed robber and the banker who were from different worlds but had similar goals. It was kind of a metaphor for this larger marriage of the banks selling off their debt and these street guys scrapping over it.
Jake HalpernThe children - I call them children when they're under 18 - are hungry for that love. The drugs are just a sleep that you can't even wake up from, because you might remember what you did when you were there. There's no place for them - there should be a rehabilitation center on every corner, along with McDonald's and the banks. This is serious business. The waiting lists are incredible. I mean, it's terrible. It's really terrible.
Toni MorrisonThe idea that a relatively fixed group of privileged people might shape the economy and government for their own benefit goes against the American grain. Nevertheless, the owners and top-level managers in large income-producing properties are far and away the dominant power figures in the United States. Their corporations, banks, and agribusinesses come together as a corporate community that dominates the federal government in Washington. Their real estate, construction, and land development companies form growth coalitions that dominate most local governments.
G. William DomhoffThey 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 DylanWhen 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 RickardsI stalk about her door, like a strange soul upon the Stygian banks staying for waftage.
William ShakespeareBanks lend by creating credit. They create the means of payment out of nothing.
Ralph George HawtreyThe unique aspect of today's monetary inflation is that it is not limited to one country, but a host of countries are all inflating together. As a result of the monetary inflation (when all of the newly created money begins to leave the banks and enter the system), the price inflation will be worldwide.
Peter DeGraafIt is the omnipresent rush of water which give the Este Gardens their peculiar character. From the Anio, drawn up the hillside at incalculable cost and labour, a thousand rills gush downward, terrace by terrace, channeling the stone rails of the balusters, leaping from step to step, dripping into mossy conches, flashing in spray from the horns of sea-gods and the jaws of mythical monsters, or forcing themselves in irrepressible overflow down the ivy-matted banks.
Edith WhartonThere are men who practice Titiksha, and succeed in it. There are men who sleep on the banks of the Ganga in the midsummer sun of India, and in winter float in the waters of the Ganga for a whole day; they do not care. Men sit in the snow of the Himalayas, and do not care to wear any garment. What is heat? What is cold? Let things come and go, what is that to me, I am not the body.
Swami VivekanandaI 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.
Ben WiklerIn the future the question will not be, "Are people credit-worthy", but rather, "Are banks people-worthy?"
Muhammad YunusSeine et Danube was launched in 2003 with the help of Romanian authorities who had finally realized the necessity of promoting literature and Romanian culture in general. Along with focusing on the literature of the countries the Danube traversed (with an emphasis on Romania), we printed work that interested us from the banks of the Seine: French and French-Romanian authors like Cioran and Fondane. We dedicated our last edition to surrealism and Esthetic Onirisme.
Dumitru TepeneagThe stock market in Japan was half the world market and where has the Japan economy gone since the 1990s? Nowhere. They've been struggling for two decades in the aftermath of a massive bubble that's collapsed. They've tried to work their way out of it by printing even more money and it hasn't worked. Now, I'm saying this is what all the central banks are doing. There is no honest interest rate in the world today.
David StockmanHistorically, the stock market is like a gambling casino with the odds in your favor. Over the long pull, stocks are given something like nine and a half to ten percent compounded per year. The banks have probably given you something in the order of four to five.
Burton MalkielShe 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.
Mary Wollstonecraft ShelleyWhile many of the established media make losses or go bankrupt, WikiLeaks has survived a major conflict with a superpower, including an unlawful economic blockade by its banks and credit card companies and the detention of its editor. We have no debts. We have not had to fire staff. We have never lost a court case related to our publishing. We have never been forced to censor. Adversity has hardened us.
Julian AssangeBut the basic principle that weโre going to have to see some of this debt written down, that the government is going to have to support some banks, that others that are not viable, essentially that weโre going to have to do something with those assets.
Barack ObamaWe are facing a flood tide of factors into our daily lives and the lives of our children that conspire against weight control, and for that matter, health, any single policy or program we use to turn the tide is like a single sandbag. You put down the sandbag on the banks of the river. You could ask the question: Have we held back the flood? A sandbag isn't designed to hold back the flood. A sandbag is designed to be part of a levy to hold back the flood. It doesn't matter if it's a good sandbag, maybe a perfectly good sandbag. By itself it can't fix the problem.
David KatzThis crisis started probably due to the freedom they gave to the banks. First President [Ronald] Reagan and then President [Bill] Clinton. So, for [Barack] Obama it is extremely difficult to change now, to find a way to organize this banking system [differently].
Costa-GavrasI just discovered that there were so many lost movies that were all mine to take if I wanted to take them. I was drunk on greed when I encountered this motherlode of utterly fascinating narratives that time's great river washed up on its banks for me to just scavenge, and not even rub clean, just repurpose and take credit for. It was kind of one of those weird dreams that where you keep finding free money.
Guy MaddinWe 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.
James FarleyMy history of lending money from banks is that they want to know the ins and outs of the backside of a duck.
Alan SugarGot no checkbooks, got no banks. Still I'd like to express my thanks - I've got the sun in the mornin' and the moon at night.
Irving BerlinThe Web is a compelling new medium being put to all kinds of uses, by everyone from banks to Cub Scouts to flying saucer cults. That said, it can also be a powerful folly amplifier.
Paul SaffoThe quicker you resolve the problems with banks and there's transparency in that process, the faster they recapitalize and are able to make investments.
Barack ObamaRegulate the banks, get money out of elections; raise the minimum wage, environmental issues. They're all very important and the Occupy movement made a difference. It shifted not only the discourse but to some extent, action on these issues.
Noam ChomskyThe problems of 2008 were never cured. The Federal Reserve's solution to the crisis was to lend the economy enough money to borrow its way out of debt. It thought that if it could subsidize banks lending homeowners enough money to buy houses from people who are defaulting, then the bank balance sheets would end up okay.
Michael HudsonAnd what did the banks do to earn this perpetually flowing river of wealth? Did they lend out their own capital obtained through investment of stockholders? Did they lend out the hard-earned savings of their depositors? No, neither of these were their major source of income. They simply waved the magic wand called fiat money.
G. Edward GriffinYou can walk with the Shintoist through his sacred groves, or chant an affirmation with the Hindu on the banks of the Ganges...and still be a student of Unity... As the Christ becomes greater to you in Unity, the Buddha also becomes greater, and the greater the Buddha becomes, the greater the Christ becomes.
James Marcus Bach