Posts Tagged ‘accounts’

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Nabeel Qureshi: Wages of Sin

Posted by admin on Thursday, July 27, 2023

Meaning of Nabeel Qureshi Money Quote: saying pays Incurred debt for wages of sin, balancing accounts. Nabeel Qureshi said:
 
 
debt against God, and we can’t pay Him back. So in His mercy, He pays our sins for us. The wages of our sin is death, and He died on our behalf, balancing the accounts Quote
 

“We are the son, and God is the father. We have incurred a debt against God, and we can’t pay Him back. So in His mercy, He pays our sins for us. The wages of our sin is death, and He died on our behalf, balancing the accounts” — Nabeel Qureshi

 

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This quote from Nabeel Qureshi conveys a theological perspective about the relationship between God and humanity. Some key points in interpreting it:

  • Qureshi portrays humans as essentially “incurring a debt” to God through sin and imperfection, unable to repay this debt through our own efforts.
  • He suggests God takes on the role of a merciful father who pays the “wages” or consequences of sins (death) on our behalf through Jesus’ crucifixion to absolve this debt.
  • Qureshi’s perspective reflects a Christian theological view of salvation through Christ’s atoning sacrifice “balancing the accounts” between God and people.
  • However, reasonable people can interpret scripture and spiritual matters differently based on individual study and conscience.

Overall, the quote conveys Qureshi’s religious belief in God absolving humanity’s debt through Jesus’ death. A balanced interpretation acknowledges this perspective while also recognizing that people of good faith can disagree on doctrinal interpretations and find meaning through diverse spiritual paths and philosophies according to their own conscience and understanding.

Pelosi & Schumer: Coronavirus Cost

Posted by admin on Friday, May 1, 2020

Speaker 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 Quote
 

“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:

  1. The president cannot transfer these new funds to anything other than the coronavirus and fighting infectious diseases;
  2. Vaccines are affordable and available to all that need it;
  3. Interest-free loans are made available for small businesses impacted by the outbreak;
  4. 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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To get a face mask click the image below:
No American is going to say how much a life is worth

 

Kora-Lea Vidal: Measure Bank Accounts

Posted by admin on Friday, January 26, 2018

Money 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 Quote
 

“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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In this quote, Kora-Lea Vidal is suggesting that people too often define their self-worth and measure success based on financial factors like the balance in their bank accounts, rather than according to qualities of character.

By saying we “sadly” gauge our lives by monetary standards over virtues like compassion represented by the “size of our hearts”, Vidal implies this tendency is misguided. The interpretation is that the quote promotes valuing inner strength, relationships and positive impact over superficial evaluations based on wealth.

Having a large heart symbolizes traits like empathy, courage and kindness, which Vidal presents as truer measures of life’s meaning than dollar amounts alone. Overall, the message conveys that true fulfillment comes from inner riches of spirit rather than external financial measures of net worth.

Christine Lagarde: Prefer Virtual Currencies

Posted by admin on Thursday, October 5, 2017

Christine Lagarde Money Quote spoke 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 prefer virtual currencies, same cost and convenience as cash Quote

“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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Christine Lagarde says people may prefer virtual currencies to cash because they offer some of the same benefits as cash, according to the article.

Specifically, virtual currencies like cryptocurrency potentially offer the same low costs and convenience as cash, without the drawbacks of cash like settlement risks, clearing delays when making transactions, and the need for intermediaries to verify accounts and identities.

So in summary, Lagarde believes virtual currencies could be as easy and inexpensive to use as cash, without certain transactional problems associated with physical money.

Ryan & Kim: Trump Hotel Bankruptcies

Posted by admin on Thursday, March 2, 2017

Steven 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:
 
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 Quote
 

“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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This quote is providing a critical analysis of Donald Trump’s business record based on bankruptcies and court proceedings related to failed projects. The authors are saying that Trump often overpromises at the beginning of projects but the projects later fail, and that in these instances of failure Trump has frequently avoided financial responsibility by declaring bankruptcy.

So in summary, the quote is interpreting Trump’s business history as showing him to be an unreliable partner who is more focused on publicity at the start of deals but tends to “walk away” from projects after they fail.

Monty Python: Facility for Dealing with Rich

Posted by admin on Thursday, January 5, 2017

Monty 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 Quote
 

“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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In this quote from Monty Python, the comedic troupe seems to be satirizing how some institutions deal with wealthy individuals. A few key points:

  • They jokingly claim the facilities can “deal with” people who are rich, implying the intent is not to help them but rather target their wealth.
  • A “blocked purse” and “draining private accounts” humorously suggests aggressive tactics to empty someone’s money by any means.
  • The most extreme option described is a “total cashectomy”, completely removing all money from the person, taken to an absurd degree for comedic effect.

Overall, the quote lampoons the idea that some see rich people merely as a source of funds to be extracted rather than individuals. Monty Python uses over-the-top rhetoric and imagery in a satirical way to poke fun at those who may take advantage of or show little concern for the wealthy.

John Chiang: Wells Fargo Wanton Greed

Posted by admin on Wednesday, September 28, 2016

John 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 Quote
 

“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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John Chiang seems to be strongly criticizing Wells Fargo’s actions that led to the fraudulent account scandal. He argues that by opening accounts without customer consent in order to charge fees, Wells Fargo showed either a failure to properly oversee its employees or a corporate culture that actively encourages greed and profit-seeking at the expense of ethical treatment of customers.

Chiang’s description of the bank “fleecing” and “extracting” money from customers portrays its actions as predatory. Overall, his remarks suggest Wells Fargo’s misconduct demonstrated a lack of principles that put shareholders and executives’ interests ahead of customers it had a responsibility to serve fairly and honestly.

Mervyn King: How Do Banks Create Money

Posted by admin on Thursday, October 22, 2015

Mervyn 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)
 
Mervyn King Banks Create Money by crediting customers' accounts
 

“When banks extend loans to their customers, they create money by crediting their customers’ accounts” — Mervyn King

 
 

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In this quote, Mervyn King (a former Governor of the Bank of England) is describing how the modern banking system operates in terms of money creation. When a bank approves a loan or line of credit for a customer, it does not actually lend out existing money it has on deposit. Rather, the bank simply adds the loan amount as a positive balance to the customer’s account.

In this way, new money is created through the act of extending credit. King’s statement highlights how private banks play a major role in money supply expansion through their lending activities. The quote provides insight into how the banking sector has the ability to generate new funds brought into circulation as purchasing power through the process of making loans to individuals and businesses.

Banks Create Cash Making Loans Headlines
 

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