Archive for the ‘finance’ Category
Bankers and leaders in the finance industry seem to be very tight lipped about what goes on inside banking. Here’s what politicians, comedians and just a few bank regulators have to say about banks.
Winston Churchill: Create a Black Market
on Tuesday, December 4, 2018Winston Churchill Money Quote saying when it becomes impossible to sell openly, it will be driven underground, but still made available to those who wish to buy. Winston Churchill said:
“If you destroy a free market you create a black market” — Winston Churchill
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Joseph Conrad: Finance Liquidation
on Monday, December 3, 2018Joseph Conrad Money Quote saying that somehow assets are like a mist and cannot be liquidated before turning to vapor. Joseph Conrad said:
“The world of finance is a mysterious world in which, incredible as the fact may appear, evaporation precedes liquidation” — Joseph Conrad
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Born December 3, 1857 – Died August 3, 1924
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Jeffrey Sachs: Medicare for All Insurance
on Monday, December 3, 2018Jeffrey Sachs Money Quote saying Medicare system could provide a more economical and fair system of healthcare for everyone, while saving the government money. Jeffrey Sachs said:
“Medicare for All promises a system that is fairer, more efficient, and vastly less expensive than America’s bloated, monopolized, over-priced and under-performing private health insurance system” — Jeffrey Sachs
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Zachary Taylor: Economy Virtue Education
on Saturday, November 24, 2018Zachary Taylor Money Quote saying education of kids should be a priority and economy is virtuous enough for everyone. Zachary Taylor said:
“Economy I consider a virtue & should be practiced by all; there is certainly no way in which money can be laid out than in the education of children” — Zachary Taylor
12th President of the United States – Born November 24, 1784 – Died July 9, 1850
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Mikhail S. Gorbachev: Market Capitalism
on Monday, November 19, 2018Mikhail S. Gorbachev Money Quote saying the marketplace didn’t spring from the mind of a capitalist – it has existed as long as trade has – forever. Mikhail S. Gorbachev said:
“The market is not an invention of capitalism. It has existed for centuries. It is an invention of civilization” — Mikhail S. Gorbachev
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Leon Trotsky: Understand Economic Process
on Friday, November 9, 2018Leon Trotsky Money Quote saying words and labels for economic processes are meaningless and not understood by most – and certainly not within their power to change or direct. Leon Trotsky said:
“Such categories as ‘commodity’, ‘money’, ‘wages’, ‘capital’, ‘profit’, ‘tax’, and the like are only semi-mystical reflections in men’s heads of the various aspects of a process of economy which they do not understand and which is not under their control” — Leon Trotsky
Birthday November 7, 1879
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Al Capone: Policeman Bread & Butter Taxes
on Tuesday, October 23, 2018Al Capone Money Quote saying he is indirectly employing the police who work to catch his organization committing crimes via taxes it pays. Al Capone said:
“You might say that every policeman in Chicago gets some of his bread and butter from the taxes I pay” — Al Capone
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Al Capone: Ruling Class Capitalism
on Friday, October 19, 2018Al Capone Money Quote saying that being a capitalist is the legitimate racket of those in power – with laws to back it up. Al Capone said:
“Capitalism is the legitimate racket of the ruling class” — Al Capone
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