Quotes About Credit

Hedge funds are a very efficient way of managing money. But there are clearly some risks. Hedge funds use credit and credit is a source of instability. Transactions involving credit should be regulated.

I don't even know what that means. People who get credit have to get it from somewhere. Does a credit bubble mean that people save too much during that period? I don't know what a credit bubble means. I don't even know what a bubble means. These words have become popular. I don't think they have any meaning.

If you have credit card debt and credit card companies continue to close down the cards, what are you going to do? What are you going to do if they raise your interest rates to 32 percent? That's five times higher than what your kid is going to pay in interest on a student loan. Get rid of your credit card debt.

One day, because they realize for some reason or other that they must stop credit expansion, the banks do stop creating new credit to lend. Then the firms that have expanded cannot get credit to pay for the factors of production necessary for the completion of the investment projects which they have already committed themselves. Because they cannot pay their bills, they sell off their inventories cheap. Then comes the panic, the breakdown. And the depression starts.

It is the people who constitute the basis of Government credit. Why then cannot the people have benefit of their own gilt-edge credit by receiving non-interest bearing currency-instead of bankers receiving the benefit of the people's credit in interest-bearing bonds. If the United States Government will adopt this policy of increasing its national wealth without contributing to the interest collector-for the whole national debt is made up on interest charges-then you will see an era of progress and prosperity in this country such as could never have come otherwise.

Credit card companies are jacking up interest rates, lowering credit limits, and closing accounts - and people who have made timely payments are not exempt. So even if you pay off your balance - and that's tough when interest rates are insanely high - there's a good chance your credit limit will be slashed, and that will hurt your FICO score.

In short: developers do not give players enough credit. And maybe even players don't give players enough credit.

Fortune favors the brave; and the world certainly gives the most credit to those who are able to give an unlimited credit to themselves.

The very large units of production and exchange have access to credit on a large scale, sometimes without any cover at all, merely upon the prospect of their success, and always upon terms far easier than are open to their smaller rivals. It is perhaps on this line of easier credit that large capital today does most harm to small capital, drives it out and ruins it.

Great discoveries and improvements invariably involve the cooperation of many minds. I may be given credit for having blazed the trail, but when I look at the subsequent developments I feel the credit is due to others rather than to myself.

So what is the role that credit default swaps can play in an economy? Well my feeling is that if these things actually will now be traded on either exchanges or some kind of central clearing, they are going to be a very good measure of the credit worthiness of different companies.

Beliefs constitute the basic stratum, that which lies deepest, in the architecture of our life. By them we live, and by the same token we rarely think of them.... One may symbolize the individual life as a bank of issue. The bank lives on the credit of a gold reserve which is rarely seen, which lies at the bottom of metal coffers hidden in the vaults of the building. The most elementary caution will suggest that from time to time the effective condition of these guaranties--of these credences, one might say, that are the basis of credit--be passed in review.

The interesting thing about the China story, getting back to the macro and micro, and as dire as I think the macro story is - due to bad credit and credit extension that makes Greece and Spain and the U.S. look like child's play - when you get to the micro of individual companies, they look even worse.

There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as the result of voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved.

I use debit cards for everyday purchases, as I don't believe in credit cards. But this has caused problems, especially with American touring, because I refuse to have a credit card - and in America you can't pay for anything on a debit card.

You also need to understand that when you consolidate credit card debt into mortgage debt - like a home equity loan or a HELOC [ home equity line of credit ] - you're taking an unsecured debt and turning it into a secured debt.

Maybe you'll take the cash out. So a credit card company or a bank that goes into the business of saying we're going to be the broker, we're going to sell you a mortgage that you're going to be able to pay off, we're going to help you reduce your credit card debt, we're going to help you save for retirement, we're going to put you into mutual funds that have low fees rather than high fees.

Most of them benefit businesses, things like research and development tax credits. But people will also benefit, too, from things like - the earned income tax credit and the child tax credit have been made permanent. They predominantly help lower-income families.

I have always advocated doing everything possible to pay off credit card balances; it's good financial management and the ticket to a strong FICO credit score.

Getting to a higher spiritual level is like increasing your credit score. You get a lot more points for sinning and repenting than if you have no credit history at all.

There is a strange idea aboard, held by all monetary cranks, that credit is something a banker gives to a man. Credit, on the contrary, is something a man already has. He has it, perhaps, because he already has marketable assets of a greater cash value than the loan for which he is asking. Or he has it because his character and past record have earned it. He brings it into the bank with him. That is why the banker makes him the loan.

My success, I feel like, is credit - credit for a good job. I haven't even gotten a Grammy, yet I've already decided I want an Emmy.

You need somebody to have the idea, you need somebody who can deal with the studio and the normal things, but it's too different of a credit. That credit is usually given to the executive producer. It's not the producer.

Increasingly, editing means going to lunch. It means editing with a credit card, not with a pencil.

I don't think I ever got proper credit about being smart about the game.

My vision for the future? Two things: to make credit a human right so that each individual human being will have the opportunity to take loans and implement his or her ideas so that self-exploration becomes possible. And second: that it will lead to a world where nobody has to suffer from poverty - a world completely free from poverty.

I have breakups that I can credit to every song. In my twenties, I picked people who would create that dysfunction and drama, so I could draw upon it.

I would like to accept this recognition on behalf of all the staff members that that I’ve been associated with; all of the office people behind the scenes who never get credit and make this game so great along with the great coaches and players.

The whole economy would be much healthier if it would transition to an asset-based economy rather than a credit-based one.

I cured myself of shyness when it finally occurred to me that people didn't think about me half as much as I gave them credit for. The truth was, nobody gave a damn. Like most teenagers, I was far too self-centered. When I stopped being prisoner to what I worried was others’ opinions of me, I became more confident and free.

Think how weird profit margins are: We've got high unemployment and financial crises - and world record profit margins. People think the American market is very cheap. We don't. The market quite incorrectly gives full credit to today's earnings.

Sales is this cure all for this problem. Get people to give you their credit card and I guarantee you they're actually interested.

Ebay was involved and gave up 150 million passwords. Target was attacked and gave up 40 million credit card numbers. Attacks like these are happening on a regular basis, both in the United States and around the world and the costs in terms of privacy or security in our financial sector are truly extraordinary.

A man with a credit card is in hock to his own image of himself.

We can tentatively credit capitalist civilization with a positive, if very geographically uneven, record in the struggle against disease.

I think it's because it's so different and it takes risks. Plus, it's really smart humor. It gives the audience credit in terms of not needing to tell them when to laugh. I love that about the show. There's no laugh track.

Major Strasser: You give him (Rick Blaine) credit for too much cleverness. My impression was that he's just another blundering American. Captain Renault: We musn't underestimate American blundering. I was with them when they blundered into Berlin in 1918.

I find that so many of my peers of my age don't listen to anything new. But I love the new. I love the energy of the new, the energy of the new act. The young are so important. The young give you the energy, and if you don't notice the young, and you don't give them credit and you don't listen to all sorts of music, then you're missing out on something.

I never liked the whole thing about pictures with the artists. You look back at an Elvis Presley record, and you don't see any producer credits, because the audience is not supposed to know about the producer credit.

Gourmet: Usually little more than a glutton festooned with credit cards.

I used to wonder: Is Huxley right or is Orwell right? It turns out they're both right. First you get the new world state and endless diversions as you are disempowered. And then, as we are watching, credit dries up, and the cheap manufactured goods of the consumer society are no longer cheap. Then you get the iron fist of Oceania, of Orwell's 1984.

Credit is the air that financial markets breathe, and when the air is poisoned, there's no place to hide.

One of the issues with some of these lenders is going to be, where will their provider of credit be when there's a crisis? That's why some of these smarter services, to support their operations, are courting more permanent capital. They want a source of longer-term funding that can survive a crisis.

Even if Bush could be forgiven for taking America, and much of the rest of the world, to war on false pretenses, and for misrepresenting the cost of the venture, there is no excuse for how he chose to finance it. His was the first war in history paid for entirely on credit. As America went into battle, with deficits already soaring from his 2001 tax cut, Bush decided to plunge ahead with yet another round of tax "relief" for the wealthy.

Character in many ways is everything in leadership. It is made up of many things, but I would say character is really integrity. When you delegate something to a subordinate, for example, it is absolutely your responsibility, and he must understand this. You as a leader must take complete responsibility for what the subordinate does. I once said, as a sort of wisecrack, that leadership consists of nothing but taking responsibility for everything that goes wrong and giving your subordinates credit for everything that goes well.

People in Parliament occupy themselves with private animosities and petty quarrels, and think little of the national interest. It is impossible to credit the serene indifference with which they consider events outside their own country.

To AMC's credit, I think what they saw was the show doesn't exist in the marketplace. They knew that there was a hunger for a martial arts show. They also knew that you have this strong tradition of martial arts cinema, so even though it's not branded by a novel or a comic book or an old movie or something, we do have the genre itself, which people love.

Credit buying is much like being drunk. The buzz happens immediately and gives you a lift... The hangover comes the day after.