Quotes About Banks

Political scientists don't work at banks which is a problem. As political issues become more important for the markets, analysts at banks are asked all sorts of questions they don't have the ability to answer. And if you're getting paid to answer questions as analysts at banks are you never want to be in the position of saying you don't know.

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.

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.

The Musketaquid, or Grass-ground River, though probably as old as the Nile or Euphrates, did not begin to have a place in civilized history until the fame of its grassy meadows and fish attracted settlers out of England in 1635, when it received the other but kindred name of CONCORD from the first plantation on its banks, which appears to have commenced in a spirit of peace and harmony. It will be Grass-ground River as long as grass grows and water runs here; it will be Concord River only while men lead peacable lives on its banks.

Yes, 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.

There are few things in politics more annoying than the Right's utter conviction that it owns the patent on the word 'freedom' that when its leaders stand up for the rights of banks to be unregulated or capital gains to be untaxed, that it is actually and obviously standing up for human liberty, the noblest cause of them all.

Look 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.

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.

It's just the banks who are the latest target of the American socialist left. There is a war on the entirety of the private sector. It is the private sector that employs most of you, that services most of you, that creates the economic prosperity that our nation has enjoyed - and there is a war on that private sector, and it's being waged from the Oval Office, and its foot soldiers are on Wall Street and in other cities around the country.

Th' 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.

The IMF acts as the collection agent for global bondholders. Its projections begin by assuming that all debts can be paid, if economies will cut wages and wiping out pension funds so as to pay banks and bondholders.

The Congress has historically played covert communal politics in order to create what in India we call vote banks where you pit one community against another and so on in order to secure votes.

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.

Private equity has absolutely no reason to exist. The private equity holder has all the upside and the banks all the downside.

The typical fund company services 401k plan participants in the same way that Baby Face Nelson serviced banks.

The children - I call them children when they're under 18 - are hungry for that love. The drugs are just a sleep that you can't even wake up from, because you might remember what you did when you were there. There's no place for them - there should be a rehabilitation center on every corner, along with McDonald's and the banks. This is serious business. The waiting lists are incredible. I mean, it's terrible. It's really terrible.

Banks aren't neutral observers, they're ... the people who caused the mess. It's like someone who's wet themselves in a public building insisting they choose which mop the librarian fetches to clear up the puddle.

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.

I stalk about her door, like a strange soul upon the Stygian banks staying for waftage.

Nothing 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.

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.

The rivers of America will run with blood filled to their banks before we will submit to them taking the Bible out of our schools.

Don't blame Wall Street. Don't blame the big banks. If you don't have a job and you're not rich, blame yourself!

At 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."

We need to remind politicians they don't work for the big banks - they work for us.

Conservatives brayed that government should stay out of the private sector; liberals bleated for nationalizing the banks.

Why 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.

I have supported candidates whose views are very different than mine on the need the break up Wall Street banks, on the war in Iraq, on trade issues. Of course I have supported those people. My hope is that we're going to see - and I believe it is the case - we're going to see more and more strong progressives running for office. That's my hope. That's my desire. But that is up to - that decision is going to be made by people in 50 states and 435 congressional districts.

Education is fundamental. And I know some aren't blessed to be afforded the luxury, 'cause as sad as it is in 2016, it is still a luxury. I'd say when you're young, look for someone, an older woman, you'd like to emulate. Not necessarily her career, but the soul and essence of that woman. I use women like Susan Taylor and Tyra Banks to girdle me up so I can find my own strength and forge my own path.

Why should the wealth of the country be stored in banks and elevators while the idle workman wanders homeless about the streets and the idle loafers who hoard the gold only to spend it on riotous living are rolling about in fine carriages from which they look out on peaceful meetings and call them riots?

For out of this modern civilization economic royalists carved new dynasties. New kingdoms were built upon concentration of control over material things. Through new uses of corporations, banks and securities, new machinery of industry and agriculture, of labor and capital - all undreamed of by the Fathers - the whole structure of modern life was impressed into this royal service.

I am afraid the ordinary citizen will not like to be told that the banks can, and do, create money...And they who control the credit of the nation direct the policy of Governments and hold in the hollow of their hands the destiny of the people.

As a chef, I had started working with groups like Share Our Strength and various local food banks in New York, raising money for hunger-related issues. And not only me, but the entire restaurant industry has been very focused on this issue.

It 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.

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.

Politicians all over the world cater to domestic vote banks. They will spend only on what their constituents want. So unless there is a grass root green movement in a nation the politicians will not be willing to spend money on curbing emissions. More awareness is needed amongst the people to effect the real change in how governments spend.

Deflation 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.

I'm thinking of switching banks, and my friend said, 'Well, what's wrong with Citibank?' Well, they can't spell 'city.' I hope their math is better than their English is.

There 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.

Banks should contribute to the real economy, make a positive contribution to economic growth.

President 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.

We are facing a flood tide of factors into our daily lives and the lives of our children that conspire against weight control, and for that matter, health, any single policy or program we use to turn the tide is like a single sandbag. You put down the sandbag on the banks of the river. You could ask the question: Have we held back the flood? A sandbag isn't designed to hold back the flood. A sandbag is designed to be part of a levy to hold back the flood. It doesn't matter if it's a good sandbag, maybe a perfectly good sandbag. By itself it can't fix the problem.

If you go back to the time of J.P. Morgan, the world of high finance was completely wholesale. The prestigious investment banks on Wall Street appealed exclusively to large corporations, governments, and to extremely wealthy individuals.

In 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.

I donate heavily to the church and various churches in the Detroit community and food banks.

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.