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.

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Ayn Rand: Economic Power

Posted by admin on Friday, January 19, 2024

Meaning of Ayn Rand Money Quote: saying weighing the motives of economics versus Political power. Ayn Rand said:
 
Economic power is exercised by means of a positive, by offering men a reward, an incentive, a payment, a value; political power Quote
 

Economic power is exercised by means of a positive, by offering men a reward, an incentive, a payment, a value; political power is exercised by means of a negative, by the threat of punishment, injury, imprisonment, destruction. The businessman’s tool is values; the bureaucrat’s tool is fear” — Ayn Rand

 

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Ayn Rand is contrasting economic and political power in this quote. She argues that in business or the free market, power is exercised through positive means such as offering value to others in the form of goods, services or rewards that incentivize people.

However, political power operates through negative or coercive means like threats of punishment, harm, or forceful control over people. Her view is that business relies on voluntary exchange of values to benefit all parties, while bureaucracy and government rely on instilling fear of penalties to get people to comply with their rules and demands.

Leroy Hood: Medical Bankruptcies

Posted by admin on Saturday, January 13, 2024

Meaning of Leroy Hood Money Quote: saying the cost of medical treatments contributes to people claiming bankruptcy about two thirds of the time. Leroy Hood said:

 
Medical expenses contribute to two-thirds of all bankruptcies in the United States Quote
 

“Medical expenses contribute to two-thirds of all bankruptcies in the United States” — Leroy Hood

 

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In this quote, scientist Leroy Hood is pointing out that the majority of personal bankruptcies in the United States are caused by high medical costs and expenses. The best interpretation is that Hood is drawing attention to the significant financial burden that medical bills place on many Americans.

His statement suggests that the current healthcare system does not adequately protect people from the risks of steep medical costs leading to bankruptcy. The overall message seems to be that reform is needed to reduce the rate at which medical expenses are undermining individuals’ and families’ financial security in the United States.

Graham Greene: Bank Balance $

Posted by admin on Thursday, January 4, 2024

Meaning of Graham Greene Money Quote: saying we grow up creating memories to build our adult life and create ourselves. Graham Greene said:
 
 
Childhood is the writer’s bank balance Quote
 

“Childhood is the writer’s bank balance” — Graham Greene

 

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In this quote, Graham Greene is drawing a comparison between a writer’s childhood experiences and their bank balance or financial resources as an author. He seems to be suggesting that the memories, people, places and emotions from one’s childhood serve as rich source material that a writer can continually draw from to inform their creative work.

Just as money in a bank can be withdrawn over time to support oneself financially, the “deposits” a writer stores up from childhood – in the form of observations, stories, feelings and insights – can be mined and invested throughout their career as raw material for their novels, short stories, poems and other writings.

So Greene portrays a writer’s childhood as an invaluable lifelong asset or “bank balance” that replenishes their creative capacity.

P.J. O’Rourke: Waste Vast Money

Posted by admin on Tuesday, January 2, 2024

Meaning of P.J. O’Rourke Money Quote: saying No matter how easy it is to waste your money, Government requires planning to waste money. P.J. O’Rourke said:
 
Planning is required to waste this much money Quote
 

“It is a popular delusion that the government wastes vast amounts of money through inefficiency and sloth. Enormous effort and elaborate planning are required to waste this much money” — P.J. O’Rourke

 

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This funny quote from P.J. O’Rourke suggests that while government spending is often criticized as wasteful, the reality is that massive amounts of resources and effort are actually required to squander funds on the level governments do.

Rather than money being lost through simple supposed laziness or lack of effort, O’Rourke implies that tremendous coordination, bureaucracy and inefficient systems have to be deliberately put in place and maintained over long periods for the government to achieve such extensive waste.

The quote presents the humorous view that far from being accidental, governmental misuse of public money represents an enormous, planned undertaking. It aims to counter the misconception that wastefulness happens easily or naturally, pointing out the reverse is true – tremendous work goes into governmental profligacy and misallocation of taxpayer funds.

W.C. Fields: Spent Half My Money

Posted by admin on Monday, January 1, 2024

Meaning of W.C. Fields Money Quote: saying You might think money is wasted on alcohol, gambling and women, but Fields got the most from them. W.C. Fields said:

 
I spent half my money on gambling, alcohol and wild women. The other half I wasted Quote
 

“I spent half my money on gambling, alcohol and wild women. The other half I wasted” — W.C. Fields

 

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This humorous quote from comedian W.C. Fields suggests that he was very free with his money and not particularly prudent with his spending or investments.

By saying he spent half his money on “gambling, alcohol and wild women”, Fields acknowledges indulging freely in vices. But he then jokes that he “wasted” the other half, implying even money not spent directly on pleasures was not invested wisely and just frittered away.

So the quote portrays Fields as someone who enjoyed life to the fullest and did not obsess over financial responsibilities or saving for the future, choosing instead to spend his wealth freely on entertainment and experiences in the moment without concern for long-term security or legacy.

Francisco Fernández-Carvajal: Happy New Year

Posted by admin on Monday, January 1, 2024

Francisco Fernandez-Carvajal Money Quote: saying When everyone wishes us a Happy New Year, they frequently include financial good wishes for us. Francisco Fernandez-Carvajal said:
 
plenty of money, that you get a rise in salary, that prices fall Quote
 

“What do most people mean by Happy New Year?… that you flourish, that you make plenty of money, that the taxman doesn’t get you, that you get a rise in salary, that prices fall…” – Francisco Fernández-Carvajal

 

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In this quote, Francisco Fernández-Carvajal is highlighting some of the common materialistic hopes and desires that people associate with the new year. He notes that many view a “Happy New Year” as meaning financial prosperitymaking money, paying less taxes, getting a salary increase, and even lower prices. The quote suggests Fernández-Carvajal sees these as surface-level interpretations focused on wealth and expenses.

His implication seems to be that while money and costs certainly impact well-being, true happiness is deeper and encompasses non-financial factors like health, relationships, purpose and personal growth.

Overall, the quote serves as a reminder that monetary goals alone may not equate to a truly “Happy New Year” in the fullest sense.

The “In Conversation with God” series by Francis Fernández-Carvajal is a collection of daily meditations and reflections. Each volume focuses on a specific time period, like Advent or Ordinary Time, and provides short passages intended to help readers meditate on Scripture and have a spiritual conversation with God throughout the day.

Fernández-Carvajal’s gentle, thoughtful style and focus on developing intimacy with God through daily prayer and reflection. The financial quote above is drawn from (In Conversation with God – Volume 1 Part 2)

Seneca: Slave to Greed

Posted by admin on Saturday, December 30, 2023

Meaning of Seneca Money Quote: saying men are often slaves to their internal drives, including greed and not free. Seneca said:

 
Show me a man who is not a slave to greed, and all men are slaves to fear Quote

 

“‘He is a slave’ But shall that stand in his way? Show me a man who is not a slave; one is a slave to lust, another to greed, another to ambition, and all men are slaves to fear” — Seneca

 

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Seneca is pointing out that true freedom is freedom from inner vices and emotions that control us, not just freedom from external forces. His quote suggests that while some may not be physically enslaved, all people are enslaved to certain desires, weaknesses and fears inside themselves.

No one is fully free from being a “slave” to lust, greed, ambition or fear according to Seneca. Therefore, even if one is not legally owned by another person, one can still be ruled by their base impulses and psychological drives rather than living according to reason.

Overall, Seneca argues that true liberation comes from having power and mastery over one’s own mind, not from escaping external bondage alone, since internal slavery to passions still leaves one not fully free.

Edgar Allan Poe: Evolved Greed

Posted by admin on Friday, December 29, 2023

Meaning of Edgar Allan Poe Money Quote: saying all important things that represent our strong feelings, including greed are elements of religion. Edgar Allan Poe said:
 
All religion, my friend, is simply evolved out of fraud, fear, greed, imagination, and poetry Quote
 

“All religion, my friend, is simply evolved out of fraud, fear, greed, imagination, and poetry” — Edgar Allan Poe

 

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In this quote, Edgar Allan Poe appears to be expressing a skeptical view of organized religion. He seems to believe that many religious traditions originated or have been perpetuated due to factors like deception, attempts to gain power or wealth, flights of creative fancy, and stylistic expressions like poetry, rather than being grounded in objective truth or reality.

Poe suggests that religion has evolved over time based more on human emotions, motives and imaginings, rather than divine revelation or spiritual enlightenment.

The quote conveys Poe’s perspective that religion stems from worldly human traits and influences, not contact with the transcendent or supernatural. He appears to be taking a critical stance that questions whether religion accurately reflects higher spiritual realities.

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Money Quotes Daily

Money Quotes Daily