Posts Tagged ‘bankers’

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Adam Schiff: Drain the Swamp Banks

Posted by admin on Wednesday, April 25, 2018

Adam Schiff Money Quote saying corruption is strikingly transparent for Mick Mulvaney when telling bankers that lobbyists who contribute can be heard by members of Congress. Adam Schiff said:
 
Nothing says 'Drain the Swamp' like telling bankers to give more money to politicians who put banks ahead of people Quote
 

Nothing says drain the swamp like telling a room full of bankers to give more money to politicians who put the interests of banks ahead of people” — Adam Schiff

 

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In this quote, Adam Schiff is criticizing the idea that tightening connections between politicians and big banks will somehow “drain the swamp” of corruption in government. Some key points:

  • Schiff is referencing remarks made to bankers encouraging them to donate more money to political campaigns.
  • He sarcastically notes that strengthening the influence of banks over lawmakers by means of increased funding certainly does not match the goal of “draining the swamp” of special interests.
  • Schiff implies it will only further entrench a system where politicians prioritize bank interests over ordinary citizens when making policies and regulations.
  • The quote mocks the notion that soliciting more money from banks to gain their favor translates to reform that removes corruption and makes government work primarily for public interests rather than well-funded lobby groups.

Overall, Schiff portrays such actions as the very opposite of reform, arguing it only deepens the swamp by tightening financial industry control over the political process through increased political donations.


 

J Edgar Hoover: Communists Dis Bankers

Posted by admin on Saturday, October 14, 2017

J Edgar Hoover as FBI Director Money Quote saying in 1947 FBI report ‘Communist Infiltration of the Motion Picture Industry’ protective of banks while attacking movie-makers. J Edgar Hoover as FBI Director said:
 
Attempt to discredit bankers as Scrooge-type , a common trick used by communists Quote
 

“It’s a Wonderful Life’… represents a rather obvious attempt to discredit bankers by casting Lionel Barrymore as a Scrooge-type so that he would be the most hated man in the picture. This, according to sources, is a common trick used by Communists” — J Edgar Hoover

 

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In this quote, J. Edgar Hoover is expressing a skeptical view of the 1946 film “It’s a Wonderful Life” and its portrayal of banker Mr. Potter. Hoover suggests that depicting the banker as a miserly “Scrooge-type” character was a deliberate attempt to turn audiences against businessmen and bankers. He asserts that making such a pivotal figure unlikable was a “trick” commonly used by Communists to discredit capitalism and private enterprise.

Overall, Hoover appears to believe the film had a covert political agenda of generating public disdain for the banking industry, which he implies was inspired by Communist propaganda tactics. Hoover was taking a critical stance that questioned whether the film reflected any hidden ideological messaging beyond simple entertainment.

Ben Strohecker: Chocolate, Everyone Smiles

Posted by admin on Friday, July 7, 2017

Ben Strohecker Money Quote saying even bankers can’t resist a smile when given chocolate. Ben Strohecker said:
 
Chocolate makes everyone smile - even bankers Quote
 

“Chocolate makes everyone smile – even bankers” — Ben Strohecker

 

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In this quote, Ben Strohecker is making a lighthearted observation about chocolate’s universal appeal, even among those in serious professions. By stating that chocolate induces smiles “even bankers”, Strohecker implies the treat has a special power to lift moods and override stereotypes, since bankers are often associated with austerity and gravitas in their work.

The interpretation is that Strohecker sees chocolate as a great leveler with a positive impact that transcends cultural, social or professional divides. His perspective conveys that some simple pleasures in life are widely shared despite surface differences.

The overall message is one of common humanity – that behind any outward roles or images, everyone appreciates small acts of comfort and joy, even those in fields perceived as serious or buttoned-up. Strohecker presents chocolate as a reminder of our shared capacity for simple delight beneath life’s many distinctions.

#WorldChocolateDay July 7
#NationalChocolateDay October 28

 

Dick Bove: Unregulated Bank Regulator

Posted by admin on Tuesday, June 27, 2017

Dick Bove Money Quote saying that Richard Cordray, director of the Consumer Financial Protection Bureau, (CFPB) can’t be controlled by Trump or any bank. Dick Bove said:
 
The fear among bankers is that there's this guy out there, and he can do whatever he wants, and nobody can stop him, I would be afraid too if I were a bank Quote
 

“The fear among bankers is that there’s this guy out there, and he can do whatever he wants, and nobody can stop him, I would be afraid too if I were a bank” — Dick Bove

 

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In this quote, Dick Bove is referring to the fear that bankers have of an individual who has immense power within the financial system that is unchecked.

By saying “there’s this guy out there, and he can do whatever he wants, and nobody can stop him”, Bove implies there is a looming threat, likely regulatory in nature, that bankers perceive as being outside of their control.

The overall interpretation is that Bove believes some bankers worry about disruptive forces beyond their influence that could significantly impact the banking industry, and that such uncertainty would understandably inspire concern from their perspective.

Alan Furst: Treasuries & Paper Currency

Posted by admin on Tuesday, September 6, 2016

Alan Furst Money Quote saying the wheels of finance turn even while there is bankers wasting and the poor still in want. Alan Furst said:
 
The printing presses of the state treasuries cranked out reams of paper currency- showing wise kinds and blissful martyrs- while bankers wept and peasants starved Quote
 

“The printing presses of the state treasuries cranked out reams of paper currency- showing wise kinds and blissful martyrs- while bankers wept and peasants starved” — Alan Furst

 

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In this quote, Alan Furst seems to be criticizing the disconnect between a government’s monetary actions and real-world human impacts. Some key points:

  • He describes state treasuries rapidly “printing” large volumes of new paper currency, suggesting inflationary monetary policy.
  • Furst notes the bills depicted “wise kinds and blissful martyrs”, while bankers (representing the financial sector) were distressed (“wept”) and common people (“peasants”) suffered severe hardship (“starved”).
  • This implies the money supply expansion did not truly benefit society in practice, despite the state portraying itself positively on banknotes, and even harmed the most vulnerable groups.

Overall, the quote conveys Furst’s critique that a nation can tout itself through imagery on banknotes, while its actual monetary policies create negative, even tragic consequences for regular citizens in the real economy rather than the intended outcomes. He highlights the disparity between monetary rhetoric and human impacts.

Jarod Kintz: Central Bankers Nice Guys

Posted by admin on Monday, February 22, 2016

Jarod Kintz Money Quotation saying an army of nice guy bankers has done to everyone what no evil army in history has been able to achieve. Jarod Kintz said:
 
central bankers have done to the people what no army in history has been evil enough to do Quote
 

“Under the guise of being nice guys, the central bankers have done to the people what no army in history has been evil enough to do” — Jarod Kintz

 

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This quote seems to be criticizing central bankers and their monetary policies. Jarod Kintz appears to believe that through their control of currency and interest rates, central bankers have negatively impacted people in a way that is comparable to the harm done by historical armies, even though central bankers claim to have people’s best interests in mind.

The “best” interpretation could be debated, but Kintz seems to be arguing that central bankers have covertly caused significant economic hardship for many while presenting themselves as well-intentioned public servants.

Elizabeth Warren: Block Bankruptcy Exit

Posted by admin on Sunday, January 17, 2016

Elizabeth Warren Money Quotation saying banks extended loans to those in financial straights to charge higher rates and fees than they could afford, while avoiding bankruptcy. Elizabeth Warren said:
 
The bankers ... strategy emerged: Target families who were already in a little trouble, lend them more money, get them entangled in high fees and astronomical interest rates, and then block the doors  to the bankruptcy exit if they really got in over their heads Quote
 

“The bankers … strategy emerged: Target families who were already in a little trouble, lend them more money, get them entangled in high fees and astronomical interest rates, and then block the doors to the bankruptcy exit if they really got in over their heads” — Elizabeth Warren

 

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In this quote, Elizabeth Warren is criticizing predatory lending practices by banks that targeted families in financial difficulty. She says the bankers’ strategy was to lend more money to people already in a little trouble, knowing they would get trapped paying high fees and interest rates.

Warren argues that if those families truly got into deeper debt over their heads, the banks would then block them from being able to declare bankruptcy as a way to escape or reduce their debts – keeping them under the thumb of the banks and in long-term debt.

The quote portrays Warren’s view that some banking practices took advantage of vulnerable families in crisis rather than helping them get out of financial trouble.

Matthew: Money on Deposit With Bankers

Posted by admin on Friday, November 13, 2015

Matthew bible Money Quote saying in a parable on investment that the equivalent of burying money worse than safe investments – even with bankers at low interest. Matthew 25:26 said:
 
You wicked, lazy servant! So you knew that I harvest where I have not sown and gather where I have not scattered seed? Well then, you should have put my money on deposit with the bankers, so that when I returned I would have received it back with interest Quote
 

“You wicked, lazy servant! So you knew that I harvest where I have not sown and gather where I have not scattered seed? Well then, you should have put my money on deposit with the bankers, so that when I returned I would have received it back with interest” — Matthew 25:26

 

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This Bible verse from Matthew 25:26 tells a parable where Jesus compares the Kingdom of Heaven to a master who entrusts his wealth to his servants before embarking on a long journey.

On a surface level, the verse recounts how one “wicked and lazy” servant buried his master’s money in the ground instead of investing it, and is then chastised for not at least putting the funds in a bank to earn interest during his master’s absence.

More deeply, the parable suggests that those given responsibilities or opportunities by God are expected to make prudent, productive use of the gifts and talents afforded to them, not letting abilities go to waste. Squandering what one has been given brings reproach.

The overarching interpretation is that the passage encourages believers to be good stewards of what they’ve been entrusted with by the Lord, whether money, skills or influence – and to leverage these resources to further God’s kingdom through diligent work and responsible risk-taking, rather than preserving them pointlessly without growth or return. An accounting will be required for how one has spent their time on Earth.

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