Posts Tagged ‘bankrupt’

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Margaret Atwood: Time Bankrupt

Posted by admin on Saturday, March 11, 2023

Meaning of Margaret Atwood Money Quote: saying making clear the value of time, which can’t be purchased. Being gifted with extra time is a blessing. Margaret Atwood said:

 
bankrupt idea, stuffed to the brim with hours and minutes that he can spend like money Quote
 

“He has to find more and better ways of occupying his time. His time, what a bankrupt idea, as if he’s been given a box of time belonging to him alone, stuffed to the brim with hours and minutes that he can spend like money. Trouble is, the box has holes in it and the time is running out, no matter what he does with it” — Margaret Atwood

 

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The quote from Margaret Atwood highlights the idea that time is a precious and limited resource. She suggests that the traditional notion of time as something that can be spent like money is misguided, as time is not something that can be replaced or replenished once it’s gone.

Instead, the speaker emphasizes the importance of finding meaningful ways to occupy one’s time, as the box of time we are given is limited and will eventually run out.

Ronald Reagan: Higher Inflation Bill

Posted by admin on Monday, November 28, 2022

Meaning of Ronald Reagan Money Quote: saying when any person or business spends more than they earn, it means bankruptcy. However, government does it and collects taxes to cover it. Inflation results.. Ronald Reagan said:
 
bankrupt. When government does it, it sends you the bill comes higher taxes and inflation is a tax Quote
 

“When a business or an individual spends more than it makes, it goes bankrupt. When government does it, it sends you the bill. And when government does it for 40 years, the bill comes in two ways: higher taxes and inflation. Make no mistake about it, inflation is a tax and not by accident” — Ronald Reagan

 

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In this quote, Ronald Reagan is drawing a comparison between how businesses and individuals operate financially versus how the government does. He states that when a business or person spends more than they earn, they go bankrupt. However, when the government does this by overspending for many years, it results in higher taxes and inflation rather than bankruptcy.

Reagan argues that inflation essentially functions as a hidden tax, since the rising prices that come with inflation reduce citizens’ purchasing power and standard of living over time. His point is that by continually overspending for decades without addressing the deficit, the government has to make up for it through tax increases on citizens or fueling inflation, both of which negatively impact the average taxpayer.

So in summary, the quote is criticizing long-term government overspending by asserting that unlike businesses or individuals, the government can avoid bankruptcy by instead passing on the costs to citizens through mechanisms like higher taxes and the inflation tax, which Reagan says is not accidental but rather a deliberate outcome of persistent fiscal irresponsibility.

Philip Seymour Hoffman: Currency

Posted by admin on Friday, July 23, 2021

Philip Seymour Hoffman Money Quote saying currency we have when the world is bankrupt is those that accept you when uncool. Philip Seymour Hoffman said:
 
The only true currency in this bankrupt world is what you share with someone else when you're uncool Quote
 

“The only true currency in this bankrupt world is what you share with someone else when you’re uncool” — Philip Seymour Hoffman

 

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In this quote, Philip Seymour Hoffman seems to be suggesting that in a world obsessed with superficial measures of status and wealth, the only truly meaningful “currency” or value lies in genuine human connection and vulnerability.

By referring to the world as “bankrupt,” he implies that monetary wealth and cool/popular appearances cannot provide lasting fulfillment or meaning. Hoffman argues that the deepest relationships are built not when trying to appear “cool” or impress others, but in moments of openness, empathy and sharing without pretense when we allow ourselves to be “uncool.”

I The overall message is that true intimacy and understanding with others is the only real currency that can’t be debased or depleted, unlike money or popularity in a world lacking deeper substance.

Daniel Webster: Irredeemable Paper

Posted by admin on Wednesday, November 18, 2020

Daniel Webster Money Quote saying there are nothing by bankruptcies, cheating, lies and unkept promises with nothing but paper to show for the trouble. Daniel Webster said:
 
not gold nor silver; no sir, representing nothing but broken promises, bad faith, bankrupt corporations, cheated creditors and a ruined people Quote
 

“We are in danger of being overwhelmed with irredeemable paper, mere paper, representing not gold nor silver; no sir, representing nothing but broken promises, bad faith, bankrupt corporations, cheated creditors and a ruined people” — Daniel Webster

 

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In this quote, Daniel Webster is warning about the dangers of having too much paper currency, or “irredeemable paper”, in circulation without being backed by a commodity like gold or silver. By “irredeemable paper” he is referring to banknotes or promissory notes that are not redeemable for specie (gold or silver coins). Webster believed that having a currency made up solely of paper notes without commodity backing would lead to a loss of confidence in the value of money.

This in turn could lead to “broken promises” if banks could not redeem paper money for gold/silver as promised, “bad faith” if the paper currency was not trustworthy, “bankrupt corporations” as businesses struggled without a stable currency, “cheated creditors” who could not collect debts of known value, and ultimately a “ruined people” as the economy suffered from a lack of sound money.

In essence, Webster was warning of the dangers of fiat currency not tied to a commodity standard, and the economic and social problems that could arise from having “mere paper” as legal tender without real value behind it. He felt this could overwhelm and ruin the country’s financial system and prosperity.

Dylan Ratigan: Buy Up Assets

Posted by admin on Friday, May 8, 2020

Dylan Ratigan Money Quote saying funds from the Cares Act was given inappropriately to banks and investors to acquire assets of those losing them. Dylan Ratigan said:
 
This is not a bailout for the American people, this is giving cash to a small group of investors and banks so that they can buy up bankrupt assets from everybody else Quote
 

“This is not a bailout for the American people, this is giving cash to a small group of investors and banks so that they can buy up bankrupt assets from everybody else” — Dylan Ratigan

 

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In this quote, Dylan Ratigan is criticizing the 2008 bank bailouts as not truly being intended to help average Americans, but rather to benefit major financial institutions and wealthy investors. He argues that the bailouts were not about supporting the broader economy or people facing hardship, but rather served to provide large sums of cash to a small number of banks and investors so they could purchase distressed assets from others at reduced prices.

Ratigan portrays the bailouts as a way for large financial entities to profit further by using taxpayer money to take over troubled companies and properties on the cheap, rather than as an economic stimulus. The quote suggests the bailouts prioritized rescuing investors and banks from the consequences of their actions over assisting ordinary citizens struggling in the recession.

Overall, Ratigan conveys a skeptical view that the bailouts were more of a backdoor transfer of wealth to Wall Street rather than an effective means of stimulating the real economy and aiding Americans facing unemployment, foreclosure or other hardships.

Honore de Balzac: Heart Treasury

Posted by admin on Tuesday, July 9, 2019

Honore de Balzac Money Quote saying we cannot love with all our heart at once, but must save up to offer ongoing caring. Honore de Balzac said:
 
Our heart is a treasury; if you pour out all its wealth at once, you are bankrupt Quote
 

“Our heart is a treasury; if you pour out all its wealth at once, you are bankrupt” — Honore de Balzac

 

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In this quote, Honore de Balzac is using the metaphor of the heart representing a treasury or store of wealth to convey an important lesson about relationships. He suggests that within one’s heart lies deep reserves of love, care, affection and emotional resources to give to others. However, if a person gives all of the “wealth” of their heart away extravagantly and without restraint, they risk leaving themselves emotionally bankrupt in the future.

Balzac seems to be advising that for healthy relationships, one must pace themselves and not exhaust all of their capacity to love and feel deeply for others all at once. Maintaining some reserves of inner wealth in the “treasury” of the heart allows people to continue bringing care, compassion and affection to relationships over the long-term in a sustainable way. The quote conveys a message about moderation in love to avoid burnout and maintain emotional resilience through times when less may be given or received from others.

Kora-Lea Vidal: Health in Pursuit of Money

Posted by admin on Saturday, January 27, 2018

Kora-Lea Vidal Money Quote saying if we sacrifice our health while pursuing money, we can end up physically bankrupt. Kora-Lea Vidal said:
 
Giving up on your health in pursuit of money will leave you physically bankrupt Quote
 

“Giving up on your health in pursuit of money will leave you physically bankrupt” — Kora-Lea Vidal

 

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In this quote, Kora-Lea Vidal cautions against prioritizing the pursuit of money over one’s health and well-being. She suggests that if a person neglects their physical needs, exercise, nutrition, medical care and work-life balance in an obsessive effort to maximize their income or professional success, they will end up “physically bankrupt” or depleted in health terms.

The interpretation is that the quote promotes maintaining a balanced approach where financial security does not come at the cost of one’s mental, physical or social welfare. Vidal implies that an excessive focus on wealth-building to the disregard of health needs will ultimately leave one worse off. The overall message conveys that wellness should not be sacrificed for the sake of earnings or accumulation of money alone.

Bernie Sanders: Worry About Hospital Debt

Posted by admin on Thursday, September 14, 2017

Bernie Sanders Money Quote saying US citizens avoid doctors and hospital stays because they cannot afford to pay and fear massive debt from medical bills. Bernie Sanders said:
 
Americans should not hesitate about going to the doctor because they don't have enough money Quote
 

“Americans should not hesitate about going to the doctor because they do not have enough money. They should not worry that a hospital stay will bankrupt them or leave them deeply in debt” — Bernie Sanders

 

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This quote from Bernie Sanders expresses the viewpoint that access to healthcare should not depend on individuals’ financial means or leave them burdened with medical debt. Some key points in interpreting his perspective:

  • Sanders implies core services like doctor visits and hospitalization should be available based on need rather than ability to pay out of pocket or fear of costs.
  • He portrays healthcare as a right that protects people’s well-being, not something that should cause financial hardship or lead to personal bankruptcy due to high bills.
  • However, reasonable experts disagree on appropriate policies balancing coverage, costs, innovation and fiscal responsibility given the complexity of ensuring healthcare security for all.
  • A balanced interpretation acknowledges both Sanders’ stance promoting universal coverage and the reality that experts will continue debating evidence-based solutions in good faith as conditions change over time.

Overall, the quote conveys Sanders’ belief that no one should delay or avoid care due to affordability concerns. But the best analysis considers this perspective alongside other reasonable positions, recognizing the ongoing nature of discussions around optimizing healthcare access, quality and sustainability through open-minded evaluation of alternatives.

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