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Money (page 38)
Money & Finance: Money Quotes
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"The government has made $44 trillion in promises we can't afford to keep. We must get serious now about our long-term budgetary problems, recognizing that the sooner we act, the less painful the choices will be"
Judd Gregg, Politician
"I think, like everybody else in New Hampshire, when I pull up to fill up my car and I pay $50, I get upset. And I'm wondering if these prices are legitimate?"
Judd Gregg, Politician
"We do have some assistance from the World Bank but not from the IMF. We are not borrowing yet, but we are considering, in the future, borrowing from the Kuwait Fund to support our infrastructure development"
Jose Ramos-Horta, Politician
"It's hard to exaggerate the importance of preserving the financial integrity of Social Security"
Bill Delahunt, Politician
"Is there any reason why the American people should be taxed to guarantee the debts of banks, any more than they should be taxed to guarantee the debts of other institutions, including merchants, the industries, and the mills of the country?"
Carter Glass, Politician
"I think it's the broadest source of dissatisfaction amongst Republicans: out-of-control spending"
Pat Toomey, Politician
"Well, I think the president has clearly submitted us a tight budget, but it's what's called for if we're going to get spending under control and keep the economy moving in the right direction, with economic growth and job creation activity"
Thad Cochran, Politician
"The fact is, almost every year since the founding of these United States, our government has lived beyond its means"
Paul Gillmor, Politician
"It took us years to get into the mess that we got ourselves in at the end of 2008, and it's going to take a while to get us out. We lost eight million jobs, we saw a financial system near collapse, we have a continuing housing crisis that we're making progress on dealing with"
Robert Gibbs, Public Servant
"In speech after speech on his health care plan, the President has tried to convince us that what he is proposing will be good for America. But, how can it be good for America if it raises taxes by a half trillion dollars and costs a trillion dollars or more to implement?"
Scott Brown, Politician
"The last fight for the white metal is to be made here in this country and in this House, my friends"
Richard Parks Bland, Politician
"It is because the administration is hostile to silver; and thus it is surrendering this country to the Shylocks of the Old World who have made war upon it"
Richard Parks Bland, Politician
"The once-unthinkable loss of the AAA rating will constitute a further hit to already fragile business and consumer confidence"
Mohamed El-Erian, Businessman
"This is a basic requirement: the meaning of globalization is that we should admit that the economy of each country is dependent on the economy of all the others"
Richard Grasso, Businessman
"I didn't think I would make this much money"
Mike Judge, Producer
"The condition in New Orleans was changing every day. I said, why don't we appropriate another $10 billion, come back and look at the situation, and do another $10 billion every week, or every 10 days?"
Lynn Westmoreland, Politician
"You get quick money, it's beautiful, there's sunshine, but at the end of the day, you find out it's all a masquerade, baby. It's not what it seems"
Wyclef Jean, Musician
"Well, first of all, the Dominion Bureau of Statistics made a survey in the spring of 1970, which showed that on balance the difference in the cost of living between Canadian cities and American cities was 5 % to the advantage, of course, to the Canadian cities"
Leonard Woodcock, Activist
"Many good qualities are not sufficient to balance a single want - the want of money"
Johann Georg Zimmermann, Writer
"We do not have a budget support. We are now fully independent in terms of requirements, but we still have a need for development assistance separate from the budget. So all the economic aid we receive is for development assistance"
Jose Ramos-Horta, Politician
"Never underestimate the value of cold cash"
Gregory Nunn, Athlete
"That's where the money is, on the road"
Aries Spears, Actor
"Money is time. With money I buy for cheerful use the hours which otherwise would not in any sense be mine; nay, which would make me their miserable bondsman"
George Gissing, Novelist
"I think, like many others, I realized that only the massive introduction of American support in one form or another could possibly bring about a rehabilitation of the economies of those countries within a reasonable time"
David Bruce, Writer
"We think if the economy remains weak, that we could see mortgage rates trail down and we think that we could see rates below seven percent into early next year"
Franklin Raines, Businessman
"They flooded liquidity in the marketplace but the mortgage rate is based much more on expectations of inflation. So if the average investor believes that there is inflation coming, they'll move that rate up"
Franklin Raines, Businessman
"Our intention is to give people, however you might stylize it, a tax cut or a pay raise"
Paul O'Neill, Politician
"You know, I think the, the crucial thing, you know, we have put in place what is, is just simply the biggest, boldest recovery package in history, right; the stimulus package, biggest ever; the financial rescue, absolutely comprehensive; a housing plan - that is incredible medicine for the economy. And we fully expect it to work"
Christina Romer, Economist
"Where we're coming down is we currently have $787 billion of stimulus that's been passed. We're certainly focusing on spending that money as quickly and as efficiently and as transparently as we can. We think that's absolutely the right strategy"
Christina Romer, Economist
"Tax increases appear to have a very large sustained and highly significant negative impact on output"
Christina Romer, Economist
"What we're going to do is redouble our efforts on financial regulatory reform, because that has in it sensible things like say on pay, so at least the shareholders are minding the store, sensible things like saying, for heaven's sakes, compensation should be focused on - on long term, so that you don't have rewards for short-term risk-taking"
Christina Romer, Economist
"Our estimates suggest that a tax increase of 1 percent of GDP reduces output over the next three years by nearly 3 percent. The effect is highly significant"
Christina Romer, Economist
"If we don't get this economy going, the numbers that represent this stimulus package are going to be small compared to the loss of revenue to the federal government for our economy"
Judd Gregg, Politician
"You can have a lot of unhappiness by not having money, but the reverse is no guarantee of happiness"
Philip Kaufman, Director
"There is no intrinsic worth in money but what is alterable with the times, and whether a guinea goes for twenty pounds or for a shilling, it is the labor of the poor and not the high and low value that is set on gold or silver, which all the comforts of life must arise from"
Bernard de Mandeville, Philosopher
"As the cost of gasoline rises and our dependence on foreign oil continues to increase, the effect of sending over $100 billion each year to OPEC nations hurts every American"
Paul Gillmor, Politician
"I think the reality is that that money was probably badly spent"
Alan Hansen, Athlete
"I'm going to go back and find out where the money is. The money is not getting down there"
Lynn Westmoreland, Politician
"Assets are cold"
John Kluge, Businessman
"China's idea of fair trade is government subsidies of its textile and apparel exports to the United States, currency manipulation, and forgiveness of loans by its government banks"
Virginia Foxx, Politician
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