Posts Tagged ‘billions’
Next Page »Abraham Flexner: Borrow Billions
on Monday, April 26, 2021Abraham Flexner Money Quote saying some countries are borrowing for wars but few borrow for educational purposes. Abraham Flexner said:
“Nations have recently been led to borrow billions for war; no nation has ever borrowed largely for education… no nation is rich enough to pay for both war and civilization. We must make our choice; we cannot have both” — Abraham Flexner
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Martin Luther King Jr.: Cost Nation
on Thursday, September 3, 2020Martin Luther King Jr. Money Quote saying you can pay now or pay later, but our past lack of action is going to cost future generations. Martin Luther King Jr. said:
“It didn’t cost the nation anything to integrate hotels and motels. It didn’t cost the nation a penny to guarantee the right to vote. Now we are in a period where it will cost the nation billions of dollars to get rid of poverty, to get rid of slums, to make quality integrated education a reality” — Martin Luther King Jr.
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Sarah Sanders: Wall Billions Funded
on Saturday, June 15, 2019Sarah Huckabee Sanders Money Quote saying to President Trump and his supporters, that he’s achieved (anti-) immigration goals, as children are separated from their parents and caged at the border. Sarah Huckabee Sanders (@PressSEc) said:
“President @realDonaldTrump secured billions in funding to build the wall and an unprecedented commitment from Mexico to stem the tide of illegal immigration” — Sarah Huckabee Sanders
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Donald Trump: Tariff Coffer Billions
on Friday, June 7, 2019
Steve Sack, The Minneapolis Star-Tribune, MN
Donald Trump Money Quote saying that tariffs charged on imports are earning the U.S. billions, while not comprehending that U.S. purchasers pay those tariffs, not China. Donald Trump said:
“Billions of Dollars are pouring into the coffers of the U.S.A. because of the Tariffs being charged to China, and there is a long way to go. If companies don’t want to pay Tariffs, build in the U.S.A. Otherwise, lets just make our Country richer than ever before!” — Donald J. Trump
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Loretta Lynch: Barclays Jeopardized Billions
on Friday, March 30, 2018Loretta Lynch Money Quote saying as the Former Attorney General in the Obama administration, that Barclays Bank was reckless with investors money in the Mortgage Crisis of 2008. Loretta Lynch said:
“Barclays jeopardized billions of dollars of wealth through practices that were plainly irresponsible and dishonest” — Loretta Lynch
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Barclays is paying far less than other big banks paid. In 2013, JPMorgan Chase paid $13 billion. In 2014, Bank of America paid $16 billion. Deutsche Bank paid $7 billion.
Kurt Vonnegut: Nuts & Bolts Billions
on Friday, May 12, 2017Kurt Vonnegut Money Quote saying artists are undervalued and struggle to eat, while those providing utilitarian products get wealthy. Kurt Vonnegut said:
“People who sell bolts and nuts and locomotives and frozen orange juice make billions, while the people who struggle to bring a little beauty into the world, give life a little meaning, they starve” — Kurt Vonnegut
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John Pudner: Constitutional Amendment
on Sunday, April 23, 2017John Pudner Money Quote saying he supports an amendment to the U.S. Constitution which would prevent big, anonymous political contributions to prevent money being considered speech and protect the taxpayer. John Pudner said:
“To date, 18 of our United States have asked Congress for a Constitutional amendment that would allow limits on political spending where appropriate and let us take our government back from those who give big transaction money – in other words, trading millions in contributions for billions of your taxpayer dollars” — John Pudner
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Elizabeth Warren: Foreclosing on Families
on Wednesday, November 30, 2016Elizabeth Warren Money Quote saying that Steven Mnuchin is a bank fox guarding the banker henhouse he raided and got richer with. Elizabeth Warren said:
![[Mnuchin] spent two decades at Goldman Sachs helping the bank peddle the same kind of mortgage products that blew up the economy and sucked down billions in taxpayer bailout money, before he moved on to run a bank that was famous for aggressively foreclosing on families Quote](https://itsamoneything.com/money/wp-content/uploads/Elizabeth-Warren-Mnuchin-Goldman-Sachs-Mortgage-Products.png)
“[Mnuchin] spent two decades at Goldman Sachs helping the bank peddle the same kind of mortgage products that blew up the economy and sucked down billions in taxpayer bailout money, before he moved on to run a bank that was famous for aggressively foreclosing on families” — Elizabeth Warren
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In this quote, Elizabeth Warren is strongly criticizing Steven Mnuchin’s nomination as Treasury Secretary. Some key points:
- She says Mnuchin’s selection should “send shivers down the spine” of Americans hurt by the financial crisis, as he worked for a bank involved in foreclosures.
- Warren argues this shows Trump has no plans to “drain the swamp” and reform Washington as he claimed, but rather wants to “run Washington to benefit himself and his rich buddies.”
- By appointing Mnuchin, who profited from the crisis, she feels Trump is not representing average Americans but wealthy elites.
- Overall, the quote paints Mnuchin as the wrong choice and a sign that Trump plans to look out for the rich, not fix corruption as he promised, in Warren’s view.
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