Posts Tagged ‘credit’

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Warren Buffett: Presidential Market Credit

Posted by admin on Wednesday, July 5, 2017

Warren Buffett Money Quote saying President Trump is taking credit for the improvement of the U.S. economy since his election, but will certainly distance himself from blame if the market drops. Warren Buffett said:

If I ever get elected president, I will never claim credit for anything the market does, because I don’t want to be blamed when it goes the other direction
— Warren Buffett

Charles Dickens: Credit Guarantors Paying

Posted by admin on Wednesday, March 15, 2017

Charles Dickens Money Quote saying that vouching for a debtor who promises to repay credit, is meaningless to the credit guarantor. Charles Dickens said:

[Credit is a system whereby] a person who can’t pay, gets another person who can’t pay, to guarantee that he can pay
— Charles Dickens

Craig Ferguson: Borrow Money Mob Deal

Posted by admin on Saturday, December 3, 2016

Craig Ferguson Money Quote saying using an organized crime loan shark with risk of physical harm sometimes seems like a better alternative to a ruined credit or a home repossessed. Craig Ferguson said:

When you need to borrow money the Mob seems like a better deal I think. ‘You don’t pay me back I break both yer legs.’ Is that all? You won’t take my house or wreck my credit rating? Fine where do I sign. Legs? Fine. You don’t even have to sign anything
— Craig Ferguson

Raghuram G. Rajan: Let Them Eat Credit

Posted by admin on Thursday, May 21, 2015

Professor of finance at Chicago’s Booth School and author of Fault Lines: How Hidden Fractures still Threaten the World Economy, Raghuram G. Rajan Money Quotation saying that political monetary policy allowing easy credit produced the economic crisis. Raghuram G. Rajan said:

“Let them eat credit” could well summarize the mantra of the political establishment in the go-go years
before the crisis
— Raghuram G. Rajan

Marshall McLuhan: Credit for the Poor

Posted by admin on Sunday, May 18, 2014

Marshall McLuhan Money Quotation saying cash represents purchasing power to a poor man, just as credit cards – although without the flexibility. Marshall McLuhan said:

Money is just the poor man’s credit card
— Marshall McLuhan

Bill Vaughan on Perfect Christmas Gift

Posted by admin on Sunday, December 22, 2013

Funny Money Quotes: Once we figure out how to buy money with credit, we’ll have the perfect gift for christmas. Bill Vaughan said:

The ideal Christmas gift is money, but the trouble is you can’t charge it — Bill Vaughan

Warren Buffett on Credit Worthiness Lost

Posted by admin on Wednesday, October 23, 2013

Warren Buffett Money Quotation saying once you have lost reputation of paying fully and on time, you can’t regain credit worthiness that was lost. Warren Buffett said:

Creditworthiness is like virginity, it can be preserved but not restored very easily.

— Warren Buffett

George Bush on Bank Bailout 2008

Posted by admin on Tuesday, September 17, 2013

George Bush Money Quotation saying at a White House meeting in September of 2008 that credit accessibility and bank bailout was needed or the economy could crash. George Bush said:

If money isn’t loosened up, this sucker could go down

— George Bush

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