Quote of the Day
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To win elections, politicians have promised practically endless government spending and covered up the cost, leaving generations of taxpayers obligated to pay off the debt. That's wrong, but neither the U.S. nor Europe has a plan to stop it.
Science does not know its debt to imagination.
Ralph Waldo Emerson
Worrying is like paying on a debt that may never come due.
I will always vote what I have promised, and always vote the Constitution, as well as I will not vote for one single penny that isn't paid for, because debt is the monster, debt is what's going to eat us up and that is why our economy is on the brink.
Debt, n. An ingenious substitute for the chain and whip of the slavedriver.
The debt limits have to come down. The whole world of debt has to be changed as far as this country is concerned. We have to create jobs and we have to create them rapidly because if we don't things are just going to head in a direction that's going to be almost impossible to recover from.
Today we have access to highly advanced technologies. But our social and economic system has not kept up with our technological capabilities that could easily create a world of abundance, free of servitude and debt.
It is not from your own goods that you give to the beggar; it is a portion of his own that you are restoring to him. The Earth belongs to all. So you are paying back a debt and think you are making a gift to which you are not bound.
The most important loan to pay is your student loan. It's more important than your mortgage, car and credit card payments. You cannot discharge student loan debt in the majority of cases.
Move to Italy. I mean it: they know about living in debt; they don't care. I stayed out there for five months while I was making a film called 'Order Of Death,' and they've really got it sussed. Nice cars. Sharp suits. Great food. Stroll into work at 10. Lunch from 12 till three. Leave work at five. That's living!
People internalize, from the jail to student loan debt, to credit card debt, to unemployment to the whole collective. It manifests itself in many ways, in people's home lives, domestic stuff.
If you're trying to get out of debt, you have to be willing to treat everything as expendable.
Credit is an 'I love debt' score.
Jane was my wicked stepmother: she was generous, affectionate and resourceful; she salvaged my schooling and I owe her an unknowable debt for that. One flaw: sometimes, early on, she would tell me things designed to make me think less of my mother, and I would wave her away, saying, 'Jane, this just backfires and makes me think less of you.'
We hear the stories every day now: the father who puts on a suit every morning and leaves the house so his daughter doesn't know he lost his job, the recent college grad facing up to the painful reality that the only door that's open to her after four years of study and a pile of debt is her parents'. These are the faces of the Obama economy.
There was, of course, a global financial crisis. But our Labour predecessors left Britain exceptionally vulnerable and damaged: more personal debt than any other major economy; a dangerously inflated property bubble; and a bloated banking sector behaving as masters, not the servants of the people.
Without true medical liability reform, our doctors will continue to leave, and young doctors coming out of medical school $100,000 to $200,000 in debt will not be able to afford such onerous costs.
They have seized upon the government by bribery and corruption. They have made speculation and public robbery a science. They have loaded the nation, the state, the county, and the city with debt.
America pays its bills. It always has. It always will. The fact that Washington is now debating whether to honor its debts and obligations, then, should come as a surprise. But playing political football with a necessary vote to raise the nation's debt ceiling has become as predictable as a Twitter rant from Charlie Sheen.
It's God's will for you to live in prosperity instead of poverty. It's God's will for you to pay your bills and not be in debt.
Like almost everyone who uses e-mail, I receive a ton of spam every day. Much of it offers to help me get out of debt or get rich quick. It would be funny if it weren't so exciting.
The debt we owe to the play of imagination is incalculable.
A promise made is a debt unpaid.
Robert W. Service
Debt is a social and ideological construct, not a simple economic fact.
A true lover always feels in debt to the one he loves.
Ralph W. Sockman
John F. Kennedy
Martin Luther King, Jr.
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