Popular quotes about Banks! Wisdom and inspiration are here! | page 22
Some banks wonโt make it. Other banks are going to make sure that we strengthen. All deposits are going to be safe for ordinary people, but weโre going to have to bring out some of these bad assets.
Barack ObamaAnd the banks - hard to believe in a time when we're facing a banking crisis that many of the banks created - are still the most powerful lobby on Capitol Hill. And they frankly own the place.
Dick DurbinIn 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 BryanThe banks' product is debt. They try to tell customers that "debts are good for you," but the customers can't afford any more debt, so there's no way the banks can continue their current business plan.
Michael HudsonIf the authorities constrain banks and are aware of the activities of fringe banks and other financial institutions, they are in a better position to attenuate the disruptive expansionary tendencies of our economy.
Hyman MinskyOn banks, I make no apology for attacking spivs and gamblers who did more harm to the British economy than Bob Crow could achieve in his wildest Trotskyite fantasies, while paying themselves outrageous bonuses underwritten by the taxpayer. There is much public anger about banks and it is well deserved.
Vince CableFrom 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.
Jamie DimonWe've been following many forms of democratized ownership, starting with co-ops, land banks at the neighborhood level, municipal ownership and state ownership of banks - there's a whole series of these that attempt to fill the small-scale infrastructure that can build up to a larger theoretical vision.
Gar AlperovitzTo save the banks from making losses that would wipe out their net worth, you'll have to get rid of Social Security. It means that you'll essentially have to abolish government and turn it over to the banking system to run, with an idea that the role of governments is to extract income from the economy to pay to the bondholders and the banks.
Michael HudsonIn almost any change there is 20 - 60 - 20. 20% are doing the change and we need to stay out of their way. 20% will never get there (a large percent still go into banks to see tellers vs. ATMs). 60% are in the middle. I think you will always find some companies where the head of HR is not a member of senior management team (bottom 20% and some companies where she or he has always been (top 20%).
Dave UlrichFar below ran the silver ribbon of the East River, braceleted by shining bridges, flecked by boats as small as flyspecks, splitting the shining banks of light that were Manhattan and Brooklyn on either side.
Cassandra ClareEveryone 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.
Eugene MirmanBanks don't commit crimes. Bankers do. And they won't ever stop if they don't have to pay for their crimes.
Jim HightowerTh' newspaper does ivrything f'r us. It runs th' polis foorce an' th' banks, commands th' milishy, controls th' ligislachure, baptizes th' young, marries th' foolish, comforts th' afflicted, afflicts th' comfortable, buries th' dead an' roasts thim aftherward.
Finley Peter DunneNo 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.
Thomas SowellSwipe fees have increased steadily since the introduction of debit cards 20 years ago, when there were no swipe fees at all. Merchants can't negotiate or control them. They've tried, but they have no leverage against the big banks and issuers. So they get ignored.
Peter WelchYour 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: Thatโs it. Thatโs my heart.
Haruki MurakamiThis 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
Martin MayerI 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.
Charli XCXHaving wallowed in a delightful orgy of anti-French sentiment, having deplored and applauded the villains themselves, having relished the foibles of bankers, railwaymen, diplomats, and police, the public was now ready to see its faith restored in the basic soundness of banks, railroads, government, and police.
Michael CrichtonIt 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".
John LanchesterIf Hillary [Clinton] gets elected what she's promised to do with the [New York] banks is going to make London boom.
Rupert MurdochI was Chairman of the Federal Reserve Bank of Kansas City. As you know, there are twelve banks and they have their citizens board, and I got elected to the Fed Chairmanship for the Federal Reserve Kansas City Bank back in the mid-'90s. It might have been 1995-'96.
Herman CainDon't blame Wall Street. Don't blame the big banks. If you don't have a job and you're not rich, blame yourself!
Herman CainThe global financial system consists of firms in the financial services sector - banks, hedge funds, insurance companies and the like - and various governmental agencies who are charged with regulating these firms.
John L. CastiAt the base of the Fed pyramid, and therefore of the bank system's creation of "money" in the sense of deposits, is the Fed's power to print legal tender money. But the Fed tries its best not to print cash but rather to "print" or create demand deposits, checking deposits, out of thin air, since its demand deposits constitute the reserves on top of which the commercial banks can pyramid a multiple creation of bank deposits, or "checkbook money."
Murray RothbardWe need to remind politicians they don't work for the big banks - they work for us.
Elizabeth WarrenWhy do I have an issue with banks? They have their greedy fingers in everyones money. No other industry has the power to deduct a bill or fees directly from your own bank account without so much as a notice.
Jonathan RaymondSeine 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 TepeneagThough 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 ThoreauA graphic representation of data abstracted from the banks of every computer in the human system. Unthinkable complexity. Lines of light ranged in the nonspace of the mind, clusters and constellations of data. Like city lights, receding.
William GibsonToronto won't topple New York or London as a financial center, nor will it dethrone Los Angeles as the international entertainment capital, but with its large and stable banks, numerous knowledge-based industries thriving in the surrounding mega-regions, and an increasingly diverse population, it will gain ground. And with employment opportunities in the largest centers eroding, it can make a big move on top global talent. It stands as a model of an older, once heavily industrial Frostbelt city that has not only turned itself around but continues to grow and thrive.
Richard FloridaThe banks lobbied Washington so they could write the rules that got us into this crisis. They then lobbied Washington to get the money to bail them out. And then they are lobbying Washington to write the rules so they can get us into the next crisis. It's perfect circularity.
Elizabeth WarrenMy agency in promoting the passage of the National Bank Act was the greatest financial mistake of my life. It has built up a monopoly, which affects every interest in the country. It should be repealed, but before that can be accomplished, the people will be arrayed on one side and the banks on the other, in a contest such as we have never before seen in this country.
Salmon P. ChaseThe only sure way to stop excessive risk taking on Wall Street so you don't risk losing your job, or your savings or your home, is to put an end to the excessive economic and political power of Wall Street by busting up the big banks.
Robert ReichI jump out of the boat [in The Lost World], and I'm trying to swim to the kid, and my boots fill with water, and I start to drown, and the director has no idea why I'm flailing around. He's, "Come on, come on!" And I managed to rescue myself. I'm wet and sitting on the banks of the river, and John walks over to me and says, "Are you all right, dear boy?" "Yeah, I'm all right."
Eric McCormackThe dawn came - not the flaming sky that promises storm, but a golden dawn of infinite promise. The birds came flying up out of the east in wedge-shaped formation, and the mist lifted in soft wreaths of sun-shot silver. Colour came back to the world. The grass glowed with a green so vivid that it seemed pulsing, like flame, from some hidden fire in the earth, the distant woods took on all the amazing deep crimsons and purples of their winter colouring, the banks were studded with their jewels of lichens and bright moss, and above the wet hedges shone with sun-shot orbs of light.
Elizabeth GoudgeWhether or not you have good consumer protection has a big effect on safety and soundness of the banking community, especially smaller banks.
Judd GreggLiberals believe government should take people's earnings to give to poor people. Conservatives disagree. They think government should confiscate people's earnings and give them to farmers and insolvent banks. The compelling issue to both conservatives and liberals is not whether it is legitimate for government to confiscate one's property to give to another, the debate is over the disposition of the pillage.
Walter E. WilliamsI am a forest, and a night of dark trees: but he who is not afraid of my darkness, will find banks full of roses under my cypresses.
Friedrich NietzscheFool indeed is he, who, living on the banks of the Ganga, digs a little well for water. Fool indeed is the man who, coming to a mine of diamonds, begins to search for glass beads.
Swami VivekanandaAll are to be men of genius in their degree,--rivulets or rivers, it does not matter, so that the souls be clear and pure; not dead walls encompassing dead heaps of things, known and numbered, but running waters in the sweet wilderness of things unnumbered and unknown, conscious only of the living banks, on which they partly refresh and partly reflect the flowers, and so pass on.
John RuskinWhen the devil makes his offer (always open incidentally) of the kingdoms of the earth, it is the bordellos which glow so alluringly to most of us, not the banks and the counting-houses and the snow-swept corridors of power . . . Sex is the mysticism of a materialistic society - in the beginning was the Flesh, and the Flesh became Word; with its own mysteries - this is my birth pill; swallow it in remembrance of me! - and its own sacred texts and scriptures - the erotica which fall like black atomic rain on the just and unjust alike, drenching us, stupefying us. To be carnally minded is life!
Malcolm MuggeridgeI wake up every morning happy for where I am in life. It's not all about the cooking, but the fact that I can contribute by using my influence to help people all over the country. In the last two years, my partners and I have fed more than 10 million hungry people by bringing meat to food banks.
Paula DeenIt's interesting that Swiss banks also hide their assets from the Swiss by using offshore bank structuring.
Julian AssangeI can find no words for what I feel. My consciousness is withdrawn into itself; I hear my heart beating, and my life passing. It seems to me that I have become a statue on the banks of the river of time, that I am the spectator of some mystery, and shall issue from it old, or no longer capable of age.
Henri Frederic Amiel