Quotes About Banks

Central banks are choosing to increase their gold holdings as a percentage of total reserves. They obviously think there is a reason to do that. It doesn't make sense to back up one currency with a hoard of other paper currencies. There needs to be a real anchor there. I think that central banks are well behind the curve. If you look at the percentage of above-ground gold controlled by central banks, it's historically low. Hence the fact that central banks are trying to increase their holdings. They've got a long way to go to get where they need to be.

It does not stand to give banks millions of dollars at an interest rate of one percent, when banks charge students an interest rate of 6 percent. Why should the banks be scalping students?

On the Glass-Steagall thing, like I said, if you could demonstrate to me that it was a mistake, I'd be glad to look at the evidence. But I can't blame [the Republicans]. This wasn't something they forced me into. I really believed that given the level of oversight of banks and their ability to have more patient capital, if you made it possible for [banks] to go into the investment banking business as continental European investment banks could always do, that it might give us a more stable source of long-term investment.

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.

I mean, everyone agrees with stress tests for banks. I mean that's clear. But banks should do that on their own. And they should worry about their own capital functioning. That's what they should do. It shouldn't be a government function.

Temporary nationalization of the banks that are in very bad shape would mean basically that the government is the temporary owner. I always believe that the government should focus on its comparative advantages, and banking is not one of them. It should, therefore, if it nationalizes banks, sell them back to the private sector.

Some banks won’t make it. Other banks are going to make sure that we strengthen. All deposits are going to be safe for ordinary people, but we’re going to have to bring out some of these bad assets.

You know policy is driven purely in self interest. The Federal Reserve Bank and the commercial banks and the Wall Street banks are not acting in the interests of the population at large, they're acting purely in their own self-interest, which is a shame because they're actions dictate the reality for 300 million Americans. But they don't see it that way, they see it only as a way to preserve their own self-interest.

Bernie 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.

Can you know you can have institutions that put curbs on that in various ways, and actually what the banks, you know, they have various capital ratios and that sort of thing, but the banks got around them, I mean, they set up sieves and that sort of thing just to get more leverage. People love leverage when it's working. I mean, it's so easy to borrow money from a guy at X and put it out at X.

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.

This is the joint responsibility of everyone who was involved in the introduction of the euro without understanding the consequences. When the euro was introduced, the regulators allowed banks to buy unlimited amounts of government bonds without setting aside any equity capital. And the European Central Bank discounted all government bonds on equal terms. So commercial banks found it advantageous to accumulate the bonds of the weaker countries to earn a few extra basis points.

Capping the size of American banks won't eliminate the needs of big businesses; it will force them to turn to foreign banks that won't face the same restrictions.

Now that rates are moving up, we're seeing more aggressive offerings from banks.

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.

America is run by corporations, it is run by banks and Wall Street. That's why we can't get guns under control. It's because all these lobbyists don't want gun control, they don't want us to have strong environmental safety guards. Young people can become aware of that and they are the most powerful lobby. With a click of a text, you can have millions of people voting for one person.

No one pushed harder than Congressman Barney Frank to force banks and other financial institutions to reduce their mortgage lending standards, in order to meet government-set goals for more home ownership. Those lower mortgage lending standards are at the heart of the increased riskiness of the mortgage market and of the collapse of Wall Street securities based on those risky mortgages.

They 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.

You entrust your money to banks, God entrusts His money to you. How would you feel if the bank took your money and used it to play the lottery or gamble with it? So, how does God feel?

No doubt, you've got a parliament now - I mean, Malcolm Turnbull says he'll work with the parliament he's got. He's got a parliament where a majority of the members of parliament want that law to be changed. He's got a parliament where there's a majority in each House who have publicly said they want to have a Royal Commission into banks.

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.

Well, "The Washington post" three weeks ago had this investigation and they said that President Obama has now raised more money from Wall Street and the banks for this election cycle than all - than all eight Republicans combined. I don't want to say that, because if that's the truth, that Wall Street already has their man and his name is Barack Obama, then we've got a much bigger problem.

You are leaving port under sealed orders and in a troubled period. You cannot know whither you are going or what you are to do. But why not take the Pilot on board who knows the nature of your sealed orders from the outset, and who will shape your entire voyage accordingly? He knows the shoals and the sand banks, the rocks and the reefs, He will steer you safely into that celestial harbor where your anchor will be cast for eternity. Let His almighty nail-pierced hands hold the wheel, and you will be safe.

America's critics can be heard everywhere. It is too much in love with money - worshipping the god of the marketplace, the golden calf. It has too much money, seven of the top 10 banks, eight of the top 10 companies etc. It is too stingy, giving away less of its wealth than other countries. It is vulgar, a rich barbarian.

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

I don't think I've ever been critical of the money Douglas Adams makes, especially since, as has been tactfully pointed out, I myself have had to change banks having filled the first one up.

I think that Europe has to get its act together very quickly. The Belgian guy who's leading the negotiations against Brexit, he sees it as a whole chance to reboot Europe and reclaim the kind of social mission of Europe from all this corporate, bureaucratic, globalist stuff that has got into, building Europe for the people rather than the banks, again.

You'll have to have the governments sell off all of their public domains; sell off their railroads, sell off their public land. You'll essentially have to introduce neo-feudalism. You'll have to roll the clock of history back a thousand years, and reduce the European population to debt slavery. It's as simple a solution as the Eurozone has imposed on Greece. And it's a solution that the leaders and the banks are urging for responsible economists to promote for the population at large.

What the study I chaired actually said was we needed tougher regulation of cash and capital in banks, as credit was too easy. Events proved that right.

North Carolina is home to some of the largest financial institutions in the country, and a vibrant network of community banks. We're a banking state, and we're proud of that distinction. But we also understand that responsible financial regulation protects consumers and businesses.

A lot of these things have hurt the average American. When they look at the banks and they say, "Well, the bank's talking its own game," I am telling you, what we've done in mortgage lending, our inability to have proper regulations around mortgages, has hurt average Americans. First-time buyers, immigrant buyers, prior defaults, self-employed, because they can't get a mortgage. Will it make a big difference to JPMorgan Chase? No, but you're hurting my fellow citizens. Let's go at it, and let's fix it.

Remember that Abraham Lincoln was a Whig far longer than he was a Republican. As a whole, the Whigs looked upon banks and corporations as a more efficient means of development; the Jacksonian Democrats thought they were the tools of the devil, but Whigs like Lincoln disagreed. During his presidency, Lincoln favored the re-construction of a national financial system, and his most important 'internal improvement' project was the Pacific railroad.

I love the way I make hip-hop and I refuse to make pop-rap. I don't refuse to make mainstream music, which is why I did a soul record. There was no reason why soul music couldn't get played on the radio and I still wanted to have a relationship with my record label. So, I really enjoyed doing the Strickland Banks album. But there's no point in my trying to release underground hip-hop music on a major label. That part of my talent, or part of my art, had to live somewhere else and feature film was the perfect vehicle for it.

Banks are concerned the central bank is imposing too many regulations. If the trend continues, we'll swing to heavy regulation. We need to have balanced regulation to encourage the economy.

The world is not likely to tire of an amusement which never repeats itself, of a game which today presents features as novel and charms as fresh as those with which it delighted, in the morning of history, the dwellers on the banks of the Ganges and Indus.

The 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.

Art as an aesthetic principle was supported by thousands of years of discernment and psychic rewards, but art as a commodity was held up by air. The loss of confidence that affected banks and financial instruments was not affecting cherubs, cupids and flattened popes. The objects hadn't changed: what was there before was there after. But a vacancy was created with the clamoring crowds deserted and retrenched.

Apathy is dead. Show them the face of evil - Satanists lurking among us - running our governments, our banks, our schools, threatening to obliterate the very House of God with their misguided science. Depravity runs deep. Man must be vigilant. Seek the goodness. Become the goodness!

I wear a lot of wigs as Jacques Mesrine. He'd wear multiple wigs and take them off one at a time to rob three banks in one hour.

The 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.

Governance is complex, difficult, and on the whole, thankless - why ever should the Bright Young Things leave the management of their hotels, newspapers, banks, TV channels and corporations to join, like fleas on a behemoth, the government? Wherein lies the difference between the two worlds?

Some 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.

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. So there are two things needed in the system, the one that's needed overwhelmingly is liquidity. I mean, when people are trying to [unintelligible], there has to be somebody there to buy.

At the heart of banking is a suicidal strategy. Banks take money from the public or each other on call, skim it for their own reward and then lock the rest up in volatile, insecure and illiquid loans that at times they cannot redeem without public aid.

I say with pride that I've done over a hundred voices or something, and some of them may have only had two or three lines, but I literally never ran out. I think I'm a bit of a savant that way. I kind of remember every voice I hear, famous or otherwise, and can imitate it pretty fast. I've enjoyed mimicking people famous and not famous all through my life, and they kind of remain in the memory banks, so I'm ready to trot them out.

This 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].

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.

I think the women in the political positions will push very, very hard to see that there are loans and banks for women in Rwanda.