Quotes About Banks

What is the system? It revolves around the banks, the system is built on the power of the banks, so it can be destroyed through the banks.

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.

The 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.

Ernie 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.

The goal of the FED, as with all central banks, is three-fold: (1) to protect the largest commercial banks from their depositors, who occasionally exercise their contractual right to withdraw currency (the ungrateful cads); (2) to control entry of newcomers into the bankers' cartel (interlopers); (3) to keep the stock market from collapsing in a panic, thereby persuading depositors to withdraw currency

I'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.

The banks don't have anything - no rights whatsoever. The banks are shareholders of SLEC, and SLEC has no rights. I am the CEO of Formula One Management and Formula One Administration, which runs the business in F1. From this point of view, I own F1.

The major studios are by and large banks, and they give you what is by and large a loan to make a movie. Like banks, they want their money back plus.

It is a sobering fact that the prominence of central banks in this century has coincided with a general tendency towards more inflation, not less. [I]f the overriding objective is price stability, we did better with the nineteenth-century gold standard and passive central banks, with currency boards, or even with 'free banking.' The truly unique power of a central bank, after all, is the power to create money, and ultimately the power to create is the power to destroy.

Banks have a new image. Now you have 'a friend,' your friendly banker. If the banks are so friendly, how come they chain down the pens?

What does reflect reality very well is complexity theory, which comes from physics. I'm the one pioneering the idea of bringing it to capital markets. When you look at capital markets through the lens of complexity theory, you ask "what's the scale of the system?" Scale is a fancy word for size. What measures are you using? If you look at total debt, the concentration of assets in the five largest banks, what percentage of the total assets of the five largest banks are interconnected? What you see is a very densely connected, fragile system that could collapse at any moment.

People have to pay so much money to the banks that they don't have enough money to buy the goods and services they produce. So there's not much new investment, there's not new employment (except minimum-wage "service" jobs), markets are shrinking, and people are defaulting. So many companies can't pay their banks.

In 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%).

I want to break up the Wall Street banks. Hillary Clinton doesn't. I want to raise the minimum wage to 15 bucks an hour. She wants $12 an hour. I voted against the War in Iraq. She voted for the War in Iraq. I believe we should ban fracking. She does not. I believe we should have tax on carbon and deal aggressively with climate change. That is not her position.

The economy is being run primarily by the banks for their own interest.

Not an old woman that buys a paper of pins, without yielding a part of the price to the banks as interest!

Central banks have gotten out of the central banking business and into the central planning business, meaning that they are devoted to raising up-if they can-economic growth and employment through the dubious means of suppressing interest rates and printing money. The nice thing about gold is that you can't print it.

Most banks - with Deutsche Bank at the top of the spectrum here - have decided that they can't make money lending to barrowers anymore, so they're going to the second business plan: They lend money to casino capitalists. That is, to people who want to gamble on derivatives.

Close the weak banks and impose serious capital requirements on the strong ones...You see, it may sound hard-hearted, but you cannot keep unsound financial institutions operating simply because they provide jobs.

And I think the more money you put in people's hands, the more they will spend. And if they don't spend it, they invest it. And investing it is another way of creating jobs. It puts money into mutual funds or other kinds of banks that can go out and make loans, and we need to do that.

It's time for the wealthy to pay their fair share before the middle class becomes the forgotten class.- And it's time for the banks to give back what they were given. There are those in politics, particularly those on the conservative side, who can't get enough of telling people that the wealthy one per cent must not be taxed because doing so kills jobs. The real job-killers are corporate greed and political expediency. It's time for working people in Maine and all across the country to take back the American dream.

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.

President Obama made a big speech. He welcomed the members of the U.N. General Assembly to New York, and he said, 'I'd like to encourage you to do some shopping while you're here.' I think it worked because China immediately bought eight banks, two car companies, and the state of Wyoming.

In the developing world, they don't have smartphones yet. They have the older plastic phones, but women are saving money on those, because they don't have access to banks. Having that access to digital money changes everything for her because she actually doesn't have to negotiate with her husband, which she will tell you is very hard in these circumstances, especially when the means are meager. She's expected to have money to pay for the kids' health or to help with the school fees.

...so now, Mrs. Ramsay thought, she could return to that dream land, that unreal but fascinating place, the Manning's drawing-room at Marlow twenty years ago; where one moved about without haste or anxiety, for there was no future to worry about. She knew what had happened to them, what to her. It was like reading a good book again, for she knew the end of that story, since it had happened twenty years ago, and life, which shot down even from this dining-room table in cascades, heaven knows where, was sealed up there, and lay, like a lake, placidly between its banks.

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.

The fundamental problem with banks is what it's always been: they're in the business of banking, and banking, whether plain vanilla or incredibly sophisticated, is inherently risky.

Our Soviet society is socialist because private ownership of factories, plants, land, banks and means of transportation has been abolished in our country, and replaced by public ownership.

If Hillary [Clinton] gets elected what she's promised to do with the [New York] banks is going to make London boom.

As 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.

An interesting attribute of public banks is that they don't only de-risk the downside, but also get a share of the upside.

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.

I believe that banking institutions are more dangerous to our liberties than standing armies. Already they have raised up a moneyed aristocracy that has set the Government at defiance. The issuing power should be taken from the banks and restored to the people to whom it properly belongs.

I 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.

A couple years ago, the novelist Russell Banks told me he was reading the ancient Greek historian Herodotus. I asked why. He said, 'Because I've always wanted to and am tired of having my reading assigned.' I thought it was a marvelous declaration of independence.

A 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.

I'll tell you where the injustice is. It's with the person earning £12,000 to £15,000-a-year who is being asked to be restrained by their business or employer. Yet the taxpayer has bailed out the banks, so why are they not showing restraint?

Needless to say, banks and bondholders do not want to promote any arguments explaining the limits to how much can be paid without pushing economies into depression.

When you have three out of the four largest banks in America today, bigger than they were - significantly bigger than when we bailed them out because they were too big to fail, I think if Teddy Roosevelt were alive today, a good Republican by the way, what he would say is: Break them up; they are too powerful economically; they are too powerful politically.

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.

To have some parts flowing free again . . . with deer grazing on its banks . . . ducks and geese raising their young in the backwaters . . . eddies and twists and turns for canoeists . . . and fishing opportunities such as Lewis and Clark enjoyed . . . would be the finest possible tribute to the men of the Expedition, and a priceless gift for our children.

This happens today: if the investments in the banks fall slightly... a tragedy... what can be done? But if people die of hunger, if they have nothing eat, if they have poor health, it does not matter! This is our crisis today!

I really see the U.S. staggering under the burden of three blows. One is 9/11 and the threat of terrorism, which is still huge in Syria, Iraq, and elsewhere. The second is the failed 2003 war in Iraq, which cost so much and ruined America's credibility in the eyes of so many. Obama has repaired it to some extent, but those scars are deep. And then, thirdly, banks failed, the whole real estate market had the carpet pulled out from under it.

All 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.

Banks also have to say no to customers. We can't always give clients what they want; it may not be in the client's best interest.

And 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.

You 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.