Popular quotes about Banks! Wisdom and inspiration are here! | page 15
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.
Robert PollinThe same things happen to quite an extent around the globe. I mean, the European banks were doing what the American banks were.
Warren BuffettIn 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 BryanBernie Sanders says that the biggest banks that dominate the economy should be broken up into smaller banks. This would be far more radical than Hillary Clinton's proposals to regulate Wall Street.
Kshama SawantIn the United States there are only two exceptions: banks have to report deposits they suspect to be related to either terrorism or drug trafficking. But if your funds derive from trafficking women and children for sexual exploitation, for example, or from illegal arms trafficking or any other illegal activity, then banks in the US are legally free to accept your money and are not required to report your deposit to the authorities.
Thomas PoggeI'm all in favor of banks that play their part in community endeavors, private individuals looking for loans, people who want to start up a little business, and that's what banks are for.
Ian AndersonI 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.
Lyndon B. JohnsonAmong the largest banks, the capital ratios remain good and I donโt expect any serious problems . . . . among the large, internationally active banks that make up a very substantial part of our banking system.
Ben BernankeI 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 GeusYes, when they're buying there are more buyers in the market and that's supportive of the price. The more buyers you have, the firmer the price is going to be. When central banks were selling it was a headwind the market had to overcome. Now it's a tailwind that central banks are joining the buyers.
Peter SchiffThe thing I would worry a little bit about is Donald Trump owes about $650 million to banks, including the Bank of China. I'm not sure he could stand up so tough to the people who have loaned him money.
Tim KaineLook 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 HudsonWhen I was young, I thought banks were there to protect the assets of people who had justified concerns, because of their experiences under communism for example.
Herve FalcianiI don't think it would be crazy to have a model or an entity model on the Reconstruction Finance Corp. That goes back to 1932, although it was really implemented in '33 under Jesse Jones, and it invested in mostly banks initially and preferred stock and that sort of thing.
Howard Warren BuffettThe 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.
Milton FriedmanPrivate equity has absolutely no reason to exist. The private equity holder has all the upside and the banks all the downside.
Nassim Nicholas TalebThe continuity of life is never broken; the river flows onward and is lost to our sight, but under its new horizon it carries the same waters which it gathered under ours, and its unseen valleys are made glad by the offerings which are borne down to them from the past,--flowers, perchance, the germs of which its own waves had planted on the banks of Time.
John Greenleaf WhittierThe typical fund company services 401k plan participants in the same way that Baby Face Nelson serviced banks.
William J. BernsteinWomen were like rivers, their banks were unreachable, the night often rang with the cries of the drowned.
Thomas BernhardThis nation is like a spring freshet; it overruns its banks and destroys all who are in its path.
Sitting BullIf 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.
Michael HudsonEvening of a hot day started the little wind to moving among the leaves. The shade climbed up the hills toward the top. On the sand banks the rabbits sat as quietly as little gray, sculptured stones.
John SteinbeckWhich is a real heads-up about what Hillary's [Clinton] agenda is. We've seen Hillary flip-flop, but she's had a pretty consistent track record. Which is that she has been a very good friend to the banks, received enormous support from them.
Jill SteinBanks lend by creating credit. They create the means of payment out of nothing.
Ralph George HawtreyWe have inherited a great music. This music is a holdover. It comes with us like the skin, the texture of our hair. It's our memory banks.
Abbey LincolnNothing 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 BaruchWe 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
Bill GatesIt 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 WhartonAs a young man, I lived through the Great Depression, when banks failed and so many lost their jobs and homes and went hungry. I was fortunate to have a job at a canning factory that paid 25 cents an hour.
James E. FaustMy 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.
Ken SalazarPeople know, or dimly feel, that if thinking is not kept pure and keen, and if respect for the world of mind is no longer operative, ships and automobiles will soon cease to run right, the engineer's slide rule and the computations of banks and stock exchanges will forfeit validity and authority, and chaos will ensue.
Hermann HesseRivers 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.
Henry David ThoreauI just want to say that the only thing less popular than putting money into banks is putting money into the auto industry.
Barack ObamaInvestment banking has, in recent years, resembled a casino, and the massive scale of gambling losses has dragged down traditional activities as banks try to rebuild their balance sheets.
Vince CableSometimes we get wrong notions, we think we have to be in a luxurious house, in a large city, with a new car in order to be happy. Happiness isn't there. Happiness isn't in a new car, it isn't in a new and luxurious apartment. Happiness isn't in banks and stocks. Happiness is where you make it, it's up to you. It comes from within, it doesn't come from things.
Spencer W. KimballThough the words Canada East on the map stretch over many rivers and lakes and unexplored wildernesses, the actual Canada, which might be the colored portion of the map, is but a little clearing on the banks of the river, which one of those syllables would more than cover.
Henry David ThoreauJPMorgan Chase are among the most successful global investment banks, most successful global asset managers, and, in the United States, one of the most successful retail and commercial bankers. We do a great job for customers.
Jamie DimonI find that it is much easier now for women to be in any position because, as you see, they are presidents of banks, they are prime ministers, they are doctors. Everything is about women.
Carolina HerreraThe Clinton machine is at the center of this power structure. We've seen this first hand in the WikiLeaks documents, in which Hillary Clinton meets in secret with international banks to plot the destruction of U.S. sovereignty in order to enrich these global financial powers, her special interest friends and her donors.
Donald TrumpDeflation is a leakage from this circular flow, to pay banks and the real estate, called the FIRE sector - finance, insurance and real estate. These transfer payments leave less and less of the paycheck to be spent on goods and services, so markets shrink.
Michael HudsonChurch wealth are moving into everything-gas stations, banks, television stations, supermarket chains, hotels, steel mills, resort areas, farms, wine factories, warehouses, bottling works, printing plants, schools, theaters-everything you could conceivably think of that has nothing to do with religion, they are moving into big. They're even coming in as stockholders in the big oil companies, and the Bank of America is almost entirely owned by the Catholic Church.
Madalyn Murray O'HairSome people think the Federal Reserve Banks are United States Government Institutions. They are private credit monopolies which prey upon the people of the United States for the benefit of themselves and their foreign customers.
Louis Thomas McFaddenPresident Obama has a good sense not just of the economic requisites for financial crisis firefighting but also how you build political support for moving forward on reforming the financial system, making sure that the banks are carrying enough capital.
Lael BrainardBut 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 ObamaIn a small Swiss city sits an international organization so obscure and secretive... Control of the institution, the Bank for International Settlements, lies with some of the world's most powerful and least visible men: the heads of 32 central banks, officials able to shift billions of dollars and alter the course of economies at the stroke of a pen.
Keith BradsherIt 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.
Annie Dillard