Quotes About Finance

The first task of the Federal Reserve system would be to finance the World War. The European nations were already bankrupt, because they had maintained large standing armies for almost fifty years, a situation created by their own central banks, and therefore they could not finance a war. A central bank always imposes a tremendous burden on the nation for "rearmament" and "defense", in order to create inextinguishable debt, simultaneously creating a military dictatorship and enslaving the people to pay the "interest" on the debt which the bankers have artificially created.

I don't think it would be crazy to have a model or an entity model on the Reconstruction Finance Corp. That goes back to 1932, although it was really implemented in '33 under Jesse Jones, and it invested in mostly banks initially and preferred stock and that sort of thing.

There is plenty of blame to go around for the U.S. housing bubble, but not much of it belongs to Fannie Mae and Freddie Mac. The two giant housing-finance institutions made many mistakes over the decades, some of them real whoppers, but causing house prices to soar and then crater during the past decade weren't among them.

We imagined ourselves as the Sons of Liberty with a mission to preserve, protect, and project the revolutionary spirit of rock and roll. We feared that the music which had given us sustenance was in danger of spiritual starvation. We feared it losing its sense of purpose, we feared it falling into fattened hands, we feared it floundering in a mire of spectacle, finance, and vapid technical complexity.

I admired the way McCain worked on campaign finance reform. I admired the way Nancy Pelosi stiffened the Democrats' spine during the health care debate. I admire the way Barack Obama has raised a dog in the White House without ever putting it on the roof of the car for a vacation drive.

Very few of the heroes of the Golden Age of American finance had much interest in the solid realities of what underlay their structure of stocks and bonds and credits. Later on, a Henry Ford might introduce an era of intensely production-minded captains of industry, but the Harrimans, Morgans, Fricks, and Rockefellers were far more interested in the exciting manipulation of huge masses of intangible wealth than in the humdrum business of turning out goods.

Carolyn Maloney has extensive - she's shown over and over again her creativity, her determination, her tenacity in fighting for women's rights. She has passed a host of bills in many different areas, both national and global, with both national and global importance for women, and she's on a Chair of Finance Committee so essentially in this economic crisis, we thought she would be perfect.

I rang my friend Jim Wolfensohn, who was then running a private commercial bank in New York. I said, "Come up to Vancouver", and he did. I put my proposition to him. He said, "I think it could work." I said, "Will you help us?" He said, "Yes." So, I set aside senior people in our treasury and they worked with Wolfensohn and the investment sanctions were applied. And that's what brought the regime down. The last South African Finance Minister, Barend du Plessis, went on record as saying that it was the investment sanctions that put the final nail in the coffin of apartheid.

From the time I took office as Chancellor of the Exchequer, I began to learn that the State held, in the face of the Bank and the City, an essentially false position as to finance. The Government itself was not to be a substantive power, but was to leave the Money Power supreme and unquestioned.

Most people think of the economy as producing goods and services and paying labor to buy what it produces. But a growing part of the economy in every country has been the Finance, Insurance and Real Estate (FIRE) sector, which comprises the rent and interest paid to the economy's balance sheet of assets by debtors and rent payers.

The problem with most failing businesses is not that their owners don?t know enough about finance, marketing, management, and operations - they don?t, but those things are easy enough to learn - but that they spend their time and energy defending what they think they know. My experience has shown me that the people who are exceptionally good in business aren?t so because of what they know but because of their insatiable need to know more.

Genealogy of American Finance is a treasure trove of information on American banking and its history, in an unusual -- and unusually useful -- format.

Most of the CEO's who fail think they will find the solution to their problems in Finance, Marketing, Strategic Planning, etc., but they don't look for the solution to their problems inside themselves.

In the world of high finance the shilling of the idle rich man can buy more than that of the poor, industrious man.

Everyone says youve got to do a foundation and legal structure to finance social change. What nonsense!

The most productive system of finance will always be the least burdensome.

Money must serve, not rule! The Pope loves everyone, rich and poor alike, but he is obliged in the name of Christ to remind all that the rich must help, respect and promote the poor. I exhort you to generous solidarity and a return of economics and finance to an ethical approach which favours human beings.

I worked with a group of people who argued day and night - professors, officials, the Minister of Finance - but there were decisions that I had to make.

As minister of finance, Mr. Flaherty served his country with dedication and conviction, even as he faced mounting health challenges. As both a man and a politician, I will remember him for his pleasant demeanour and strength of character.

FINANCE, n. The art or science of managing revenues and resources for the best advantage of the manager. The pronunciation of this word with the i long and the accent on the first syllable is one of America's most precious discoveries and possessions.

In ability choice education finance majorities people understanding voting A lot of voters always cast their ballot for the candidate who seems to them to be one of the people. That means he must have the same superstitions, the same unbalanced prejudices, and the same lack of understanding of public finances that are characteristic of the majority. A better choice would be a candidate who has a closer understanding and a better education than the majority. Too much voting is based on affability rather than on ability.

The confidence is really driven by the woman - whether she can have the confidence that there will be enough earning or income to finance all the domestic spending - but also by the middle-income class, which for many Asian countries has become the growth power for the economy.

Gambling interests hire lots of economists to do impact studies, but what you need is cost-benefit analysis, and you'll never see the industry finance those

But what is now encompassed by the one word (“school”) are two very different kinds of institutions that, in function, finance and intention, serve entirely different roles. Both are needed for our nation’s governance. But children in one set of schools are educated to be governors; children in the other set of schools are trained for being governed. The former are given the imaginative range to mobilize ideas for economic growth; the latter are provided with the discipline to do the narrow tasks the first group will prescribe.

If the state, with all of the emotional resources at its command, cannot finance its most basic and vital activities without resort to compulsion, it would seem that large private organizations might also have difficulty in getting the individuals in the groups whose interests they attempt to advance to make the necessary contributions voluntarily.

New York is the city of privilege. Here is the seat of the Invisible Power represented by the allied forces of finance and industry. This Invisible Government is reactionary, sinister, unscrupulous, mercenary, and sordid. It is wanting in national ideals and devoid of conscience... This kind of government must be scourged and destroyed.

I never did any training in journalism or in finance, so I really was in the deep end. I got very good at going to press conferences and nodding. I'd figure it out when I got back to the office. Charts and numbers. I've never been great with facts, ever, my whole life. For a journalist, that's not a very good trait.

I think there were bad actors in the government and bad actors in the finance, mortgage, markets industries that need to be called out and held accountable.

When you're building a company, you need to continually strengthen every component - finance, strategic partnerships, executive team, and relationships with every last constituency.

I don't think it would be crazy to have a model or an entity model on the Reconstruction Finance Corp.

I dont plan on going back to legal work. I wanted an international career, and finance seemed to be where some interesting career opportunities were.

The leftists are constantly whining and moaning about all the money in politics. They want campaign finance reform, right? They want to get all the money out of politics. They want government money governing campaigns. They want all the money out, they say. But then you look at their coffers, and it's overflowing with hundreds of millions of dollars.

Qaddafi is hated because he is the leader of a small country that is rich, but he uses his money to finance liberation struggles.

The number one lobby that opposes campaign finance reform in the United States is the National Association of Broadcasters.

There's more movies now than ever, and competition for the entertainment dollar. These movies aren't recouping the way they used to. These little producers used to make something for a million, and get on a roll. One would finance the next. They crap out eventually, but then they go start a new company. But these guys just aren't getting to first base.

The New Finance focused on the market's major systematic mistake. In failing to appreciate the strength of competitive forces in a market economy, it over estimates the length of the short run. In doing so, it overreacts to records of success and failure for individual companies, driving the prices of successful firms too high and their unsuccessful counterparts too low.

At times like the present, when the evils of unsound finance threaten us, the speculator may anticipate a harvest gathered from the misfortune of others, the capitalist may protect himself by hoarding or may even find profit in the fluctuations of values; but the wage earner - the first to be injured by a depreciated currency and the last to receive the benefit of its correction - is practically defenseless.

I've never actually been a collector. I like the learning-curve, but I buy things, sell them to finance other things.

Super PACs and a corrupt campaign finance system are destroying American democracy. We're proud that we have received four million individual contributions, more than any candidate in American history at this point.

... I think Finance is the one that everybody aspires to, who's serious in politics, because that's where the real decisions are taken and I think it's a fascinating portfolio.

I was a great student at a great school, Wharton School of Finance.

What you get out of an M.B.A. programme, no matter how much experience, is functional tools and understanding in disciplines: you'll understand economics, you'll understand marketing, finance, accounting. That, M.B.A. programmes do very well.

The reason that minorities and women dont have a better shot at getting elected to the Senate or to statewide office is because the campaign finance rules are so skewed as to make it very difficult for non-traditional candidates to raise the money necessary to get elected.

New York City is the most important location in the world... it is the center for fashion, culture and finance.

The Republican Party is not in the hands of the Jewish lobby in America as the Democratic Party must look quite often to Jewish money to finance candidates.

But, in truth, it had not exactly been gold, or even the promise of gold, but more like the fantasy of gold, the fairy dream that the gold is there, at the end of the rainbow, and will continue to be there forever - provided, naturally, that you don't go and look. This is known as finance.

It was shameful that, after Haiti, Colombia was the second most unequal country in Latin America. But we've achieved some things; the inequality is coming down, and coming down fast. The growing economy has provided us with the funds to finance a very progressive social policy that has reduced extreme poverty. We have the lowest inflation rate of all Latin-America countries and the highest growth rate.

While neurological studies have tried to identify components responsible for fear and greed, the impact on finance is less clear.