Thursday, August 14, 2008

Bankruptcy: World Owes More Than It Can Pay

"It is said that the world is in a state of bankruptcy, that the world owes the world more than the world can pay" -- Ralph Waldo Emerson

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Tuesday, August 12, 2008

One Who Can't Pay Convinced of Credit's Value: Dickens

"Credit is a system whereby a person who can not pay gets another person who can not pay to guarantee that he can pay" -- Charles Dickens

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Words pay no debts: William Shakespeare

"Words pay no debts" -- William Shakespeare

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Monday, August 11, 2008

Fraudulent to Borrow What Cannot Be Repaid

"It is a fraud to borrow what we are unable to pay" -- Publilius Syrus

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Monday, August 04, 2008

Solvency an Illusion by Creditor Upon Debtor

"Solvency is maintained by means of a national debt, on the principle, ''If you will not lend me the money, how can I pay you?" -- Ralph Waldo Emerson

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Wednesday, July 23, 2008

Can't Pay? Don't Buy! Can't Get Paid, Don't Sell: Franklin

"If you can't pay for a thing, don't buy it. If you can't get paid for it, don't sell it. Do this, and you will have calm and drowsy nights, with all of the good business you have now and none of the bad." -- Benjamin Franklin

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Friday, June 20, 2008

Value of Things Not Measured By Their Cost

"A thing is worth what it can do for you, not what you choose to pay for it." -- John Ruskin

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Sunday, December 23, 2007

Christmas Bills Paid By Adults, Fed Deficits By Children

"Christmas is a time when kids tell Santa what they want and adults pay for it. Deficits are when adults tell the government what they want and their kids pay for it." -- Richard Lamm

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