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Debt Quotes

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Death is no enemy, but the foundation of gratitude, sympathy, and art. Of all life’s pleasures, only love owes no debt to death.  (Debt Quotes) We need to get rid of the debt ceiling law. It’s anachronistic and it’s a problem.  (Debt Quotes) Hikes in the debt ceiling - without any political demands from the opposition party - had been routine until President Obama took office.  (Debt Quotes) Our real debt ceiling isn’t decided by Washington; it’s decided by Beijing  (Debt Quotes) First they didn’t believe in evolution. Then they didn’t believe in global warming. Now the debt ceiling. What I call ‘the moron trifecta.’  (Debt Quotes) I think what’s important to understand is if the United States hits the debt ceiling and is unable to pay its debts, the consequences will be immediate and dramatic.  (Debt Quotes) I think the whole issue of a debt ceiling makes no sense to me whatsoever. Anybody who is remotely adroit at arithmetic doesn’t need a debt ceiling to tell you where you are.  (Debt Quotes) We’re not going to default. We just won’t default. I mean, there are ways of not defaulting even if you don’t raise the debt ceiling, and even if you don’t fund the government.  (Debt Quotes) The only way you can raise the debt ceiling is to change the trajectory of spending - that’s my personal preference. But I want the Ways and Means Committee to offer up a solution.  (Debt Quotes) When President Obama was in the Senate, when he was a U.S. senator, he voted against raising the debt ceiling. And he said it was a lack of leadership that had brought us to this point.  (Debt Quotes) It’s a shame that the president doesn’t embrace the effort to reduce spending. None of us like using situations like the sequester or the debt ceiling or the operation of government to try to engage the president to deal with this.  (Debt Quotes) A lot of the Republicans wanted exactly what Barack Obama wanted, exactly what Nancy Pelosi wanted, exactly what Harry Reid wanted, which is to raise the debt ceiling, but they wanted to be able to tell what they view as their foolish, gullible constituents back home they didn’t do it.  (Debt Quotes) It’s not about what the speaker wants. It’s not about necessarily what I want. There’s two other principles involved here. It’s what the constituents in my district want, and they didn’t want to raise the debt ceiling unless there were significant structural reforms and spending cuts to help us balance our budget.  (Debt Quotes) We would be somewhat foolish to work out something on stopping us from going over the cliff and then a month or six weeks later Republicans pull the same game they did before and say, ‘We’re not going to do anything - unless this happens, we’re not going to agree to increasing the debt ceiling.’ I agree with the president, it has to be a package deal.  (Debt Quotes) Garnishments tend to happen when people hide from their debts and stop making even minimum payments. Eventually, creditors sell the debt to a collection agency.  (Debt Quotes) Once our country is fully engulfed in a debt crisis, our economy will be torn apart, and every American will be a victim of the federal government’s failure to prevent this disaster.  (Debt Quotes) I do think that all economies need a sense of fiscal discipline especially over the midterm and if you are in the middle of a debt crisis you can’t borrow your way out of a debt crisis. That’s logically impossible.  (Debt Quotes) The moment a large investor doesn’t believe a government will pay back its debt when it says it will, a crisis of confidence could develop. Investors have scant patience for the years of good governance - politically fraught fiscal restructuring, austerity and debt rescheduling - it takes to defuse a sovereign-debt crisis.  (Debt Quotes) The Latin American debt that reached crisis levels from 1982 would have been sharply reduced by return of flight capital - in some cases, overcome, though all figures are dubious for these secret and often illegal operations.  (Debt Quotes) 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.  (Debt Quotes) Since there is no orderly way to liquidate the federal debt, we must brace for a payment crisis  (Debt Quotes) No amount of debt restructuring, even debt forgiveness, will help the Greeks achieve real prosperity. What they need is not short-term relief but, rather, a long-term cure.  (Debt Quotes) The most empowering thing you can do though is to create innovative ways to bring in livable wages. That begins with a debt free lifestyle.  (Debt Quotes) If you have debt, you have to worry about it. I would challenge each of you to try to be debt-free.  (Debt Quotes) In the 1970s, New York City defaulted on its debt, and yes, the consequences were painful. Enrollment plummeted at City University campuses, which until then had offered free education. Seven thousand police officers were laid off. Crime skyrocketed. Services for the poor disappeared.  (Debt Quotes) This election presents a stark choice - we can continue down the road of the Obama Democrats, more and more spending, debt and government control of the economy, or we can return to the founding principles of our nation - free markets, fiscal responsibility and individual liberty.  (Debt Quotes) We need a revolution in development thinking and practice. Foreign aid, debt relief, family planning, democracy, education, and free markets have not succeeded.  (Debt Quotes) It’s time to start thinking differently about money and debt and start the healing process - and the process toward wealth and freedom. ‘Freedom from Bad Debt’ can get you started.  (Debt Quotes) Some have been ensnared in the net of excessive debt. The net of interest holds them fast, requiring them to sell their time and energies to meet the demands of creditors. They surrender their freedom, becoming slaves to their own extravagance.  (Debt Quotes) It is well for us to pause, to acknowledge our debt to those who paid so large a share of freedom’s price.  (Debt Quotes)
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