Posts Tagged ‘accounts’
Pelosi & Schumer: Coronavirus Cost
on Friday, May 1, 2020Speaker Nancy Pelosi and Senate Democratic Leader Chuck Schumer Money Quote saying that they are concerned about the White House failing to get aid to those who need it most to resolve coronoavirus economic costs. Speaker Nancy Pelosi and Senate Democratic Leader Chuck Schumer said:
“Any emergency funding supplemental the Congress approves must be entirely new funding — not stolen from other accounts — and include, at a minimum, strong provisions that ensure that:
- The president cannot transfer these new funds to anything other than the coronavirus and fighting infectious diseases;
- Vaccines are affordable and available to all that need it;
- Interest-free loans are made available for small businesses impacted by the outbreak;
- and The state and local governments are reimbursed for costs incurred while assisting the federal response to the coronavirus outbreak”
— Speaker Nancy Pelosi and Senate Democratic Leader Chuck Schumer
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Kora-Lea Vidal: Measure Bank Accounts
on Friday, January 26, 2018Money Quote saying we’re always sizing up our existence by looking at our bank & money situation rather than our feelings, beliefs and dreams. Kora-Lea Vidal said:
“Sadly, we measure much of our lives by the size of our bank accounts rather than the size of our hearts” — Kora-Lea Vidal
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Christine Lagarde: Prefer Virtual Currencies
on Thursday, October 5, 2017Christine Lagarde Money Quote saying as director of the International Monetary Fund (IMF) that people may want the option to use cryptocurrency because it is similar to cash. Christine Lagarde said:
“Citizens may one day prefer virtual currencies, since they potentially offer the same cost and convenience as cash—no settlement risks, no clearing delays, no central registration, no intermediary to check accounts and identities” — Christine Lagarde
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Ryan & Kim: Trump Hotel Bankruptcies
on Thursday, March 2, 2017Steven M. Ryan & James W. Kim, Counsel for BP-Metropolitan Investors, LLC in a Money Quote regarding Donald Trump history of Bankruptcy he failed to disclose in his RFP to GSA on Washington D.C. Hotel project criticized by Hilton Attorneys relative to competitive bid for the old D.C. post office project. Steven M. Ryan & James W. Kim, Counsel for BP-Metropolitan Investors, LLC said:
“The record of Trump bankruptcies by all accounts we have reviewed indicates that Trump is an unreliable business partner. Trump has a different posture at bid and award press conferences and unfavorable history revealed in bankruptcy and court proceedings that emerge as the project fails. The record reveals that Trump projects often fail, and fail publicly. In those instances of failure, Trump has often walked away” — Steven M. Ryan & James W. Kim
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Monty Python: Facility for Dealing with Rich
on Thursday, January 5, 2017Monty Python Money Quote saying in a comedy sketch from December of 1970 that they have every way of extracting money from patients, including completely bankrupting them. Monty Python said:
“We’ve every facility here for dealing with people who are rich. We can deal with a blocked purse, we can drain private accounts and in the worst cases, we can perform a total cashectomy – which is total removal of all monies from the patient” — Monty Python
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John Chiang: Wells Fargo Wanton Greed
on Wednesday, September 28, 2016John Chiang Money Quote saying as California State Treasurer that Wells Fargo cheated and fleeced customers with disregard for institutional ethics and encouraged greediness. John Chiang said:
“Wells Fargo’s fleecing of its customers by opening fraudulent accounts for the purpose of extracting millions in illegal fees demonstrates, at best, a reckless lack of institutional control and, at worst, a culture which actively promotes wanton greed” — John Chiang
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Mervyn King: How Do Banks Create Money
on Thursday, October 22, 2015Mervyn King Money Quote confirming something that John Kenneth Galfbraith called so simple the mind is repelled, with something so important a deeper mystery seems only decent. Mervyn King Governor of the Bank of England said:(PDF page 3, paragraph 3)
“When banks extend loans to their customers, they create money by crediting their customers’ accounts” — Mervyn King
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Barack Obama: Power of Vote Not Bucks
on Wednesday, January 29, 2014Barack Obama Money Quotation saying in the 2013 State of the Union Speech that power belongs to the vote, not to large campaign contributors. Barack Obama said:
“It should be the power of our vote, not the size of our bank accounts, that drives our democracy” — Barack Obama
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