Quote of the Day
These kids understood what is not immediately obvious; that they were going to pay the bills for tax cuts that had been passed today or in the last 4 years, and for the war in Iraq, because essentially we are borrowing money to do those things.
But because we in the United States finance our current account deficit by borrowing in our own currency, we can move to a more competitive dollar without the adverse effects that followed currency declines in other countries.
We must take away the government's credit card. With limits on both tax revenue and borrowing, the Federal government would finally be forced to get serious about spending cuts.
I haven't inherited the earth from my parents, I am borrowing it from my children.
It's necessary to start most work alone. But I'm tickled to death when I can pull somebody in or join someone, whether it's borrowing poetry or traveling with an associate.
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.
Almost any movie, no matter how original, is borrowing from some other movies.
The Prime Minister in the UK thinks spending and borrowing more is the right thing to do in the circumstances, and is busily trying to bail out chunks of the private sector which would otherwise have to adjust more quickly to the painful reality that we have been living beyond our means.
Essentially, when we run a deficit, we are borrowing money to buy things that are made overseas.
Total borrowing has imploded. Private borrowing has collapsed. And, in effect, the Treasury Department is the last borrower left standing.
Basically he never went to work and didn't have a job. Of course I thought he did. I thought he was on the phone doing business deals instead of borrowing money from people.
You can make great money in a utility type of business by borrowing cheaply and lending sensibly but that's not what's being done.
We call those works of art concrete that came into being on the basis of their inherent resources and rules - without external borrowing from natural phenomena, without transforming those phenomena, in other words: not by abstraction.
We believed it was better to pay as you go than it was to pay your bills by borrowing and laying up debts for another day. To pay as you go, that policy is a safer business policy and a saner business policy, and we thought it was a saner national policy.
Additionally, borrowing a page from U.S. foreign policy, I decided to send a message to a government that was becoming increasingly hostile.
Share with your Friends
Everyone likes a good quote - don't forget to share.
Get Social with BrainyQuote
Quote of the Day
BQ on Facebook
BQ on Twitter
BQ on Pinterest
BQ on Google+
Art Quote Feed
Funny Quote Feed
Love Quote Feed
Nature Quote Feed