Popular quotes about Banks! Wisdom and inspiration are here! | page 4
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 PollinBanks are so protected from liability they would have to really do something that was their mistake in order for them to be liable for it. Banks don't look at signatures. They're processing millions of checks and they have very little liability.
Frank AbagnaleGet out of debt. In a world of stagnant incomes and rising core expenses like mortgage and health care costs, that's a lot easier said than done. The middle class is under enormous pressure. But families can stop the bleeding by reducing their reliance on debt wherever they can. They can also start fighting back by taking a hard look at whom they do business with and rethinking whether they want tricks-and-traps banks to hold their money. They can also demand that public officials take the side of families over the side of banks.
Elizabeth WarrenTemporary 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.
Joseph StiglitzThe investment banks should either choose to be regulated as banks or should arrange to conduct their affairs to not require the stop-gap support of the Federal Reserve.
Kenneth C. GriffinA couple in love walking along the banks of the Seine are, in real fact, a couple in love walking along the banks of the Seine, not mere particles in motion.
Stuart KauffmanI 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 MbekiI'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 AndersonDodd-Frank was passed. ... This is the biggest kiss that's been given to New York banks I've ever seen. This is an enormous boon for them. There've been 122 community and small banks have closed since Dodd- Frank. ... I would repeal and replace it.
Mitt RomneyMarkets look a lot less efficient from the banks of the Hudsonthan the banks of the Charles.
Fischer BlackI 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. JohnsonMy guess is the big Chinese banks will be in 100โฏcountries by then. They will have very sophisticated operations, and they may very well have bought banks around the world in countries that allow it. I mean, I don't think the American government would allow them to buy JPMorgan. But they will be able to buy a sizable big bank in the U.S. at some point. Whether they do or not, or if it's allowed or not, I don't know.
Jamie DimonRemember that banks aren't markets. The market is amoral. The market doesn't care who you are. You're a trade to the market. The market will sell you if they think you're riskier. Banks didn't do that
Jamie DimonUrban America has been redlined. Government has not offered tax incentives for investment, as it has in a dozen foreign markets. Banks have redlined it. Industries have moved out, they've redlined it. Clearly, to break up the redlining process, there must be incentives to green-line with hedges against risk.
Jesse JacksonBanks don't commit crimes. Bankers do. And they won't ever stop if they don't have to pay for their crimes.
Jim HightowerMy monetary studies have led me to the conclusion that central banks could profitably be replaced by computers geared to provide a steady rate of growth in the quantity of money. Fortunately for me personally, and for a select group of fellow economists, that conclusion has had no practical impactโฆ else there would have been no Central Bank of Sweden to have established the award [Nobel Prize] I am honoured to receive.
Milton FriedmanWhat should really be happening is a revolution. The system should be torn apart by the people and banks shouldn't be allowed to do what they do, and giant corporations shouldn't be allowed to run the world to the ground the way they're doing. But that's not happening for whatever reason.
Michael ShannonCentral 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.
James GrantWe have the Israelis coming to us for equipment. We can say we can't possibly get the Congress to support a program like this. And they say don't worry about the Congress. We will take care of the Congress. This is somebody from another country, but they can do it. They own, you know, the banks in this country. The newspapers. Just look at where the Jewish money is.
George Scratchley BrownTake a look at the current debates in Washington, and of course, everything in the media. Only one issue is discussed: the deficit - the least significant issue, but the most significant issue for the banks. The big problem, joblessness, is barely discussed, even though that's what the public wants, as polls clearly show. That's even what the business press supports, but the financial institutions are so powerful that the only issue is the deficit, and this runs right through the intellectual culture.
Noam ChomskyEvening 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 SteinbeckCapital market liberalization includes freeing up deposit and lending rates, opening up the market to foreign banks, and removing restrictions on capital account transactions and bank lending. The focus is on deregulation, not on finding the right regulatory structure.
Joseph StiglitzAs 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. FaustThe States should be urged to concede to the General Government, with a saving of chartered rights, the exclusive power of establishing banks of discount for paper.
Thomas JeffersonIn a swamp, as in meditation, you begin to glimpse how elusive, how inherently insubstantial, how fleeting our thoughts are, our identities. There is magic in this moist world, in how the mind lets go, slips into sleepy water, circles and nuzzles the banks of palmetto and wild iris, how it seeps across dreams, smears them into the upright world, rots the wood of treasure chests, welcomes the body home.
Barbara HurdI had some great role models along the way. My on-field heroes were the great Ernie Banks, Billy Williams, and Willie Mays. I wanted to be like them on the field, and I am so damn proud to join them in the Hall of Fame.
Allan RayThe financial education taught in schools is funded and taught by the big banks and corporations. It's like having the cat train the mice.
Robert KiyosakiCredit cards have been extremely profitable to banks. They're profitable not from the fees they collect from the retailers that use the credit cards, that pays the bills, but the real profits come from the interest payments and the charges to users that are unexpected.
Richard ThalerI 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.
Thomas Jefferson[Banks] have a clear obligation to help get this country off its addiction to debt because they sure as hell helped to get this country addicted to debt.
George OsborneSegregations, by which I mean people living in a certain area, was a planned system. It was made that way. And what you have is a system in which people are there to be exploited. They're right there waiting for it. A community of people who've been denied wealth, denied wealth-building opportunities, are right there. And the banks went right after them.
Ta-Nehisi CoatesMy profession brought me in contact with various minds. Earnest, serious discussion on the condition of woman enlivened my business room; failures of banks, no dividends from railroads, defalcations of all kinds, public and private, widows and orphans and unmarried women beggared by the dishonesty, or the mismanagement of men, were fruitful sources of conversation; confidence in man as a protector was evidently losing ground, and women were beginning to see that they must protect themselves.
Harriot Kezia HuntThough 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 ThoreauYou could argue the banks are much better capitalised than they were going into the crisis, and everyone's in a much more vigilant state because they still remember the crisis.
Michael LewisAll of this is happening because there has still been no reckoning post the financial crisis. So governments have fallen, one bloke has been to prison, the banks have gone pretty well back to status quo, the rich are getting richer, and the poor are getting poorer. And it's fuelling anger. And somehow [Donald] Trump, who represents the worst aspects of capitalism, has persuaded people he can deal with that.
Alastair CampbellIโm dazzled by your facility. In ten days youโll have written six stories! I donโt understand itโฆ Iโm like one of those old aqueducts: thereโs so much rubbish cogging up the banks of my thought that it flows slowly, and only spills from the end of my pen drop by drop.
Gustave FlaubertApathy 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!
Dan BrownIt is a campaign to break down every barrier that holds you back. We need more than a plan for the big banks. The middle class needs a raise. And we need more jobs.
Hillary ClintonA 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.
Richard RussoShe 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 ShelleyThere are some things, but not too many, toward which the countryman knows he must be properly respectful if he would avoid pain, sickness and injury. Nature is neither punitive nor solicitous, but she has thorns and fangs as wells as bowers and grassy banks.
Hal BorlandTrapped in the bureaucracy nightmare, real families suffer when the big banks and their servicers force foreclosures. The emotional toll on children packing up their rooms and on parents struggling to find a temporary roof is a deep one.
Sheldon WhitehouseI read books more than I go out. As a matter of fact, I get a little concerned about some of my anti-social habits. I will choose a night with Somerset Maugham or Russell Banks over a crowded bar any day.
Julie BowenI mean, Dodd-Frank is strangling small community banks. It doesn't make any difference what the interest rate is. They're not - they're not going to loan the money because they can't make any money for one thing plus the cost of compliance.
Rick PerryPeople get together and they donate to organizations so that a pile of money can be used to create a message that can be broadcast en masse as part of the a political campaign. They are the lifeblood of Hillary Clinton campaign, the banks and all these big time rich people from Hollywood and Silicon Valley are the mother's milk of her campaign. They are the money. She just doesn't want Donald Trump to have it or any other Republican to have it or any average citizen to be able to bundle his money with other people's money and create an ad or a campaign.
Rush LimbaughRight now, with millions of Americans still out of work, and struggling to recover from the worst economic downturn since the great depression, with 40 million Americans dealing with student loans, with millions of people working full-time at minimum wage and still living in poverty, with the big banks getting bigger and the workers getting poorer, and seniors struggling to make ends meet, Republicans in Washington have decided the most important thing for them to focus on is how to deny women access to birth control.
Elizabeth Warren