Money & Finance: Money Quotes

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"The problem we were struggling with within the closed market was what the incentive would be. You probably wouldn't use dollars. But those are all questions that need to be explored"

John Poindexter, Public Servant

"I am working hard to ensure that working families can continue to afford to live in our city"

Thomas Menino, Politician

"We never got anything out of the recordings. I'm still as broke as I was when I was with the Mothers"

Jimmy Carl Black, Musician

"In Latin America, you don't do things for the money because there is no money"

Gael Garcia Bernal, Actor

"The one good thing about television is the money; you can make a lot more money than in newspapers"

Will McDonough, Writer

"We borrowed money, it helped us with bonds and what not, and the Federal Government backed it, but it was a guarantee, it was not a grant. And we not only paid it off, but we paid it off ahead of time"

David Dinkins, Politician

"So it's a mistake for someone to think that they bailed New York out. They did assist us, for which we are grateful, but it's a mistake to say we bailed New York out by giving them a grant of money to help those poor people who throw it away on welfare"

David Dinkins, Politician

"Towards the end of the eighteenth century, the industrial-financial revolution began"

Ralph A. Cram, Architect

"Now we are raising the debt limit 3 times, up to $8 trillion, so that our children and our grandchildren will have to pay for the cost of our expenditures"

Chaka Fattah, Politician

"Yes. We do think that the stimulus package is raising GDP and raising employment relative to what would have happened otherwise"

Doug Elmendorf, Economist

"Currently, a level of unemployment of 7 percent or more seems to be required to keep inflation from accelerating, a level quite unacceptable as a permanent situation"

William Vickrey, Educator

"I want to share with the American people that President Bush and the Republican majority in just 4 years have borrowed $1.05 trillion from foreign nations. That is selling our country to other nations because of the spending that is going on"

Kendrick Meek, Politician

"Without significant reform, the Social Security Administration will be legally and financially unable to pay full promised benefits within a generation"

Ron Lewis, Politician

"Studies indicate that most of young adults struggle to grasp even the most basic financial principles that will allow them to manage money and prepare for their future"

Ron Lewis, Politician

"We made a deal that was acceptable to us. We got paid very handsomely for our final season"

Jason Alexander, Actor

"Japan's experience suggests the importance of assessing the sustainability of price stability over a fairly long period, which many central banks have emphasized in recent years"

Toshihiko Fukui, Public Servant

"However, in spite of the general perception that monetary policy should be conducted so as to avert deflation, a central bank cannot lower interest rates below the zero lower bound"

Toshihiko Fukui, Public Servant

"Thus, the questions we should ask here are what makes the current economic upswing different from the past two recoveries, and whether such differences are sufficient for the economy to reach the sustained growth path"

Toshihiko Fukui, Public Servant

"They emphasize the viewpoint that the protracted economic stagnation in Japan derives from incomplete economic adjustments to significant changes in relative prices"

Toshihiko Fukui, Public Servant

"During the past two decades, inflation has fallen to a low level in major industrial countries"

Toshihiko Fukui, Public Servant

"As I've said before, free money scams are a problem"

Matthew Lesko, Entertainer

"The Tax Code today is more complicated than ever, and the very people on the Republican side who denounce the Tax Code's complexity are the ones that put together what they now call a convoluted monstrosity. They put it into effect"

Richard Neal, Politician

"Let me announce this to the American people tonight. One of the best things about this debate, as a Democrat from Massachusetts, I have proposed eliminating, getting rid of the alternative minimum tax"

Richard Neal, Politician

"Because what happens is, as the economy suffers, tax revenues go down. But unlike businesses, where at least your variable costs go down, in government your variable costs go up: unemployment insurance, workmen's compensation, health care benefits, welfare, you name it"

Meg Whitman, Businessman

"But if our nation goes over a financial Niagara, we won't have much strength and, eventually, we won't have peace. We are currently borrowing the entire defense budget from foreign investors. Within a few years, we will be spending more on interest payments than on national security. That is not, as our military friends say, a 'robust strategy.'"

Mitch Daniels, Politician

"My total year's income from working as hard as I possibly could from writing went from like $30 one year to about $70 the next year. And it made me realize that maybe you couldn't really pay the rent that way"

Kevin J. Anderson, Author

Kevin J. Anderson

"If our nation goes over a financial Niagara, we won't have much strength and, eventually, we won't have peace. We are currently borrowing the entire defense budget from foreign investors. Within a few years, we will be spending more on interest payments than on national security. That is not, as our military friends say, a 'robust strategy'"

Mitch Daniels, Politician

"But I can tell you that the issue, on one side, boils down to money - a lot of money. And it boils down to people and their connections with this money, and that's the portion that, even with this book, has not been mentioned to this day"

Sibel Edmonds, Public Servant

"I don't think people realize the extent to which TV networks are hurt when they carry public broadcasting. I think the estimate is that they lose a half-million dollars for a half day's programming"

Roone Arledge, Journalist

"Living is more a question of what one spends than what one makes"

Marcel Duchamp, Artist

"There's a stability and growth pact which was agreed for the eleven countries which tries to limit the size of budget deficits among the eleven countries"

Robert C. Solomon, Educator

"So if the euro, if Euroland is to become a reserve center, if the euro is to become a reserve currency, Euroland will have to have a deficit in its overall balance of payments"

Robert C. Solomon, Educator

"On private transactions, I'll just go very quickly now, a major difference between the United States and Euroland is that in Europe banks are much more important in financial transactions than in the United States"

Robert C. Solomon, Educator

"Another question has been raised rather widely in Europe, in Japan as well as in the United States: is what, to what extent will the euro become a reserve currency?"

Robert C. Solomon, Educator

"The prices of all imports would rise if the dollar depreciates"

Robert C. Solomon, Educator

"Some countries that are close to Europe that already hold Deutschemarks, clearly, would automatically hold euros, those are countries in Eastern Europe mainly, a few countries in Africa"

Robert C. Solomon, Educator

"Back in those days, in the fifties and sixties, countries had balance of payments deficits or surpluses, those were reflected much more than today in movements of reserves among countries"

Robert C. Solomon, Educator

"But if they want to really think about the fiscal future of this country, then think about how we have moved from hundreds of billions of surpluses to hundreds of billions of deficits"

Chaka Fattah, Politician

"Larger deficits are necessary and proper means to mitigate unemployment as the far greater evil in terms of human welfare"

William Vickrey, Educator

"You get paid more at McDonald's than you do under the existing minimum wage"

Norm Coleman, Politician

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