Posts Tagged ‘debt’

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Bernie Sanders: Worry About Hospital Debt

Posted by admin on Thursday, September 14, 2017

Bernie Sanders Money Quote saying US citizens avoid doctors and hospital stays because they cannot afford to pay and fear massive debt from medical bills. Bernie Sanders said:

Americans should not hesitate about going to the doctor because they do not have enough money. They should not worry that a hospital stay will bankrupt them or leave them deeply in debt
— Bernie Sanders

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Americans should not hesitate about going to the doctor because they don't have enough money Quote

Maya MacGuineas: Wishes Away Debt

Posted by admin on Tuesday, June 6, 2017

Maya MacGuineas Money Quote saying the Trump proposed budget policies are not supported by reality and appear to be fantasy that contribute to increasing Federal debt. Maya MacGuineas said:

We hope that Congress and the President work together to build on the budget’s best policies and replace its gimmicks with thoughtful reforms to Social Security, Medicare, and the tax code. We need a full plan that fixes the debt, not just wishes it away
— Maya MacGuineas

Ralph Waldo Emerson: Debt to Pay First

Posted by admin on Friday, May 26, 2017

Ralph Waldo Emerson Money Quote saying whether the rich or poor deserve more timely payment of debt owed is determined by character of borrower. Ralph Waldo Emerson said:

Which debt must I pay first, the debt to the rich, or the debt to the poor? the debt of money or the debt of thought to mankind, of genius to nature?
— Ralph Waldo Emerson

Donald Trump: I Released my Financials

Posted by admin on Saturday, April 15, 2017

Donald Trump Money Quote saying on May 11, 2016 that he would release his tax returns prior to the election and claimed that there wasn’t much to learn from them beyond what he’s already filed in financial disclosure paperwork which shows “very little debt”. Donald Trump said:

So the answer is before the election, I’ll release. And I’d like to release. But really, you learn very little from a tax return. You know, I’ve released my financials, and my financials show tremendous numbers, very little debt, you don’t learn very much from your tax returns
— Donald Trump

Donald Trump: Tax Pay Off National Debt

Posted by admin on Wednesday, February 8, 2017

Donald Trump Money Quote saying in a 1999 interview that he proposes a tax on wealthy individuals with net worth over 10 million to pay off the national debt. Donald Trump said:

Well, basically, this would be a one-time tax, 14.25 percent against people with a net worth of over 10 million, It would pay off in its entirety the national debt of $5.7 trillion, and you’d save $200 billion a year
— Donald Trump

Elizabeth Warren: CFPB Returned Billions

Posted by admin on Saturday, January 14, 2017

Elizabeth Warren Money Quote saying the effectiveness of the Consumer Financial Protection Bureau is indisputable in protecting consumers in debt to bad actor banks and lenders. Elizabeth Warren said:

[CFPB] has returned nearly $12 billion directly to families who were tricked by big banks, payday lenders, debt collectors, and other financial institutions
— Elizabeth Warren

Melanie White: Christmas Debt Deeper

Posted by admin on Sunday, December 25, 2016

Melanie White Funny Money Quote saying it seems we never learn to stop spending what we don’t have, even though we added more debt last Christmas. Melanie White said:

I get the same thing for Christmas every year – deeper in debt
— Melanie White

Frederick Soddy: Convert Wealth to Debt

Posted by admin on Monday, September 19, 2016

Frederick Soddy Money Quote saying in 1926 that there has been pressure on capital toward lending wealth because of low costs and ongoing income from interest on debt. Frederick Soddy said:

The ruling passion of the age is to convert wealth into debt in order to derive a permanent future income from it – to convert wealth that perishes into debt that endures, debt that does not rot, costs nothing to maintain, and brings in perennial interest
— Frederick Soddy

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