"What we also have to recognize is that the deficit levels that I'm inheriting, over a trillion dollars, coming out of last year, that that is unsustainable. At a certain point, other countries stop buying our debt, at a certain point, we'd end up having to raise interest rates, and it would end up creating more economic chaos and potentially inflation."
Money quotes
Money
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Money quotes (page 40 of 120)
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"I don't think that any economist disputes that we're in the worst economic crisis since the great depression. The good news is that we're getting a consensus around what needs to be done."
"You now have the potential of 200 people deciding who ends up being elected president every single time."
"We should raise the minimum wage so that no one who works full time has to live in poverty"
"When it comes to the budget, we know that we shouldn't be cutting more on core investments, like education, that are going to help us grow in the future. And we've already seen the deficit cut in half. It's going down faster than any time in the last 60 years. So why would we make more cuts in education, more cuts in basic research? Nobody thinks that's a good idea."
"People call me a socialist sometimes. But, no, you gotta meet real socialists. You'll have a sense of what a socialist is."
"All things are sold: the very light of heaven is venal; earth's unsparing gifts of love, the smallest and most despicable things that lurk in the abysses of the deep, all objects of our life, even life itself, and the poor pittance which the laws allow of liberty, the fellowship of man, those duties which his heart of human love should urge him to perform instinctively, are bought and sold as in a public mart of not disguising selfishness, that sets on each its price, the stamp-mark of her reign."
"Even genius is tied to profit."
"Americans want action for their money. They are fascinated by its self- reproducing qualities if it's put to work. Gold- hoarding goes against the American grain; it fits in better with European pessimism than with America's traditional optimism."
"Global commerce is driven by a single conviction: the inalienable right to earn profit, regardless of any human cost."
"Moral principle is a looser bond than pecuniary interest."
"As to your kind wishes for myself, allow me to say I can not enter the ring on the money basis--first, because, in the main, it iswrong; and secondly, I have not, and can not get, the money. I say, in the main, the use of money is wrong; but for certain objects, in a political contest, the use of some, is both right, and indispensable."
"Money never made a fool of anybody; it only shows them up."
"And is it not the chief good of money, the being free from the need of thinking of it?"
"When the history of guilt is written, parents who refuse their children money will be right up there in the Top Ten."
"Yes, they have more money."
"Men may be born free; they cannot be born wise; and it is the duty of the university to make the free wise."
"As men advance in life, all passions resolve themselves into money. Love, ambition, even poetry, end in this."
"Lend money to an enemy, and thou will gain him, to a friend and thou will lose him."
"Great spenders are bad lenders."