Money & Finance: Money Quotes

"I think it's often discussed that leaving the Euro is an option for Greece. I think this is really not an option!"

Lucas Papademos, Politician

"Greece could default on its debts and even exit currency bloc if it cannot deliver reforms"

Lucas Papademos, Politician

"People don't trade money for things when they value their money more highly than they value the things"

Roy H. Williams, Businessman

"We have stabilized our economy. We took over a very sick economy, and we were hemorrhaging 750,000 jobs a month. We have stopped the hemorrhaging. In fact, we had 140,000 job growth last month. And that's what I call progress"

Jim Clyburn, Politician

"Subsidize... or lend"

Susan George, Activist

"I think the market is always going to be around. The goal is not to say, let's get rid of the market, because the market does render a huge number of services, and I don't want to have a fight about the price of something every time I buy a book or a bottle of water"

Susan George, Activist

"Unfortunately, the Republican tax cut will deny important revenues to many states facing their own deficits. This will create greater pressure for higher state and local taxes"

Dick Durbin, Politician

"Well, financially it's a little bit better. But it's better than than when I was a teacher. But I kind of - it's allowed me to buy a house. And I've been able to help my mother with some stuff and my brother. So, that's nice"

Clay Aiken, Musician

"Markets can't think about anything beyond about three months. This is very long-term for markets, which is why the important things in life have got to be taken outside of the marketplace"

Susan George, Activist

"Money flows into the US, and inflates US assets, and allows the US to have a monstrous trade deficit. That means we are consuming more than we are producing"

David Korten, Activist

"We measure our enjoyments by the sum expended"

Felix Adler, Educator

"In fact, entitlement spending on programs such as Medicare, Medicaid, and Social Security make up 54% of federal spending, and spending is projected to double within the next decade. Medicare is growing by 9% annually, and Medicaid by 8% annually"

Jim Ryun, Athlete

"By reducing our dependence of foreign oil and increasing alternative energy sources such as ethanol, we can begin to bring down prices at the pumps, create thousands of new jobs and bring a much needed boost to our economy"

Jim Ryun, Athlete

"It's not 2038 that Social Security is bankrupt. It's now"

Gary Johnson

"Balance the federal budget now, not 15 years from now, not 20 years from now, but now. And throw out the entire federal tax system, replace it with a fair tax, a consumption tax, that by all measurements is just that. It's fair"

Gary Johnson

"Democrats are going to proudly run on the fact that we turned the economy around. It was our policies under President Obama's leadership through the Recovery Act, through investing in the automobile industry"

Debbie Wasserman Schultz, Politician

"And each of these perspectives comes to the same conclusion, which is that our global economy is out of control and performing contrary to basic principles of market economics"

David Korten, Activist

"We're on the verge of a financial collapse unless we balance the budget, and that means some really, really tough decisions"

Gary Johnson

"Regardless of my legislation, spending has to be stopped"

Gary Johnson

"Spending and tax cut decisions must be both fiscally responsible and fair to our working families. I believe that fiscal responsibility is the way to create prosperity for America and secure the retirement of America's seniors"

Blanche Lincoln, Politician

"Not exclusively, but the bulk of our local economy should be covered by local currencies, which is more efficient than having global currencies which lose connection with reality in the markets, shops and communities of the people"

David Korten, Activist

"Money is a mechanism for control"

David Korten, Activist

"I mean, everyone agrees with stress tests for banks. I mean, that's clear. But banks should do that on their own. And they should worry about their own capital functioning. That's what they should do. It shouldn't be a government function"

Arthur Laffer, Economist

"Sound money is the sine qua non of a prosperous society"

Arthur Laffer, Economist

"The way to connect with voters on the plan is to simply give the facts. Fifty per cent of taxpayers pay 97 per cent of the taxes. By most people's standards, that's already fair. The President is playing the class warfare card because he knows that a lot of people may never hear that particular fact. But it's a fact"

Herman Cain, Businessman

"Which would you rather have, capital lined up on your borders, trying to get into your country or trying to get out of your country? We are the capital magnet of this planet, and we are the savior for not only people, for not only freedom, but also for capital"

Arthur Laffer, Economist

"I think the inflation prospects for the U.S. over the next five or six, seven years, are quite serious. You cannot have a bumper crop in apples without the value or the price of each apple falling. The Fed has had the largest increase in the monetary base in the history of the U.S., from colonial times to the present, times ten"

Arthur Laffer, Economist

"And let the Fed sell bonds to bring bank reserves back down to required reserve levels, so we have restraint on bank lending and bank issuances of liability"

Arthur Laffer, Economist

"We are having the single worst recovery the U.S. has had since the Great Depression. I don't care how you measure it. The East Coast knows it. The West Coast knows it. North, South, old, young, everyone knows it's the worst recovery since the Great Depression"

Arthur Laffer, Economist

"The truth of the matter of is that stimulus money, not only doesn't stimulate; it actually reduces output"

Arthur Laffer, Economist

"People can change the volume, the location and the composition of their income, and they can do so in response to changes in government policies"

Arthur Laffer, Economist

"And you can't have a prosperous economy when the government is way overspending, raising tax rates, printing too much money, over regulating and restricting free trade. It just can't be done"

Arthur Laffer, Economist

"People can also change the timing of when they earn and receive their income in response to government policies"

Arthur Laffer, Economist

"Government spending is taxation. When you look at this, I've never heard of a poor person spending himself into prosperity; let alone, I've never heard of a poor person taxing himself into prosperity"

Arthur Laffer, Economist

"I respect the state workers and I respect their unions, but we simply can't afford to pay benefits and pensions that are out of line with economic reality"

Andrew Cuomo, Politician

"I'm not a professional politician. I'm a professional problem solver, and I believe we should cut the salaries of senators and congressmen 10 percent until they balance the budget. I call that conservative common sense"

Herman Cain, Businessman

"The bank told us we ought to sell this house to pay off our overdraft. Riders saved the day. I was so pleased when it got to number one, I went all around the fields crying and crying"

Jilly Cooper, Author

"Money is the sinews of love, as of war"

George Farquhar, Dramatist

"We're going to have to forgive a great deal of the Soviet era debt. There's no question about that. Let's face up to that. We're going to have to put in money if Russia is really going to consolidate a democracy"

Jeffrey Sachs, Economist

"We, being the Western world, wouldn't let Russia off the hook on debt. So there were demands on debt servicing in the early days until they ran out of reserves. There was no real aid program, just a fictional aid program"

Jeffrey Sachs, Economist

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