John Adams: Abhor Banking System

John Adams Money Quote saying banking is abhorrent when it’s about profit for bankers rather than the public good. John Adams said:
 

 

“Funds and Banks. I never approved or was Satisfied with our Funding System. It was founded on no consistent Principle. It was contrived to enrich particular Individuals at the public Expence. Our whole banking System I ever abhored, I continue to abhor, and shall die abhorring” — John Adams

In this quote, John Adams is strongly criticizing the early American system of public funding and banking. The best interpretation is:

• Adams states he never supported the “Funding System” and felt it lacked coherent principles, implying it was inconsistently designed and implemented.
• He argues it was a scheme primarily meant to “enrich particular Individuals” through insider privileges, at the “public Expence” or taxpayer cost.
• Adams also harshly disapproved of the entire “banking System” as deeply flawed and abused for private gains. He maintained a lifelong disdain for it as expressed by his intention to “die abhorring” the system.

Overall, the quote conveys Adams’ conviction that the nascent national funding apparatus and banks were vehicles for corruption that prioritized select economic interests over responsible stewardship of public monies. From his perspective, they lacked integrity and justly enriched only a privileged few at the public’s expense according to the disapproving tone of his critique.

Birthday: October 30, 1735 – Death: July 4, 1826

Woodrow T. Wilson: Enrich or Impoverish

Woodrow T. Wilson Money Quote saying we ought to focus on helping humanity and not to improve our own lot. Woodrow T. Wilson said:
 

 

“You are here to enrich the world, and you impoverish yourself if you forget the errand” — Woodrow T. Wilson

This quote suggests that individuals have a responsibility and purpose beyond just their own self-interest. Woodrow Wilson appears to be saying that people are put on this earth not just to accumulate wealth or live for themselves, but rather to make meaningful contributions that enrich the lives of others through their talents, skills, compassion and efforts.

According to Wilson, if one becomes preoccupied solely with one’s own gains and loses sight of how they can uplift humanity, both they and the world will be “impoverished.”

His words convey that true fulfillment comes from serving a higher calling and remembering that we are placed here to leave the world better than we found it through uplifting the lives of our fellow human beings.

Birthday: December 28, 1856 – February 3, 1924

Mitt Romney: Clintons Are Crony Capitalism

Mitt Romney in a politics attack speech March 3 otherwise aimed at stopping Donald Trump, turned on Hillary Clinton to accuse her of political corruption. Mitt Romney said:
 

 

“For the last three decades, the Clintons have lived at the intersection of money and politics, trading their political influence to enrich their personal finances. They embody the term ‘crony capitalism'” — Mitt Romney

The quote “For the last three decades, the Clintons have lived at the intersection of money and politics” is significant because it suggests that the Clintons have been involved in a form of corruption known as “crony capitalism,” where political influence is used to enrich personal finances.

This is an accusation made by Mitt Romney in a political attack speech. It’s important to note that this is a subjective statement and not a proven fact.

Russell Baker: Wallet vs Happiness

Russell Baker Money Quote saying things that make us richer in happiness or love or enjoyment of life experience are not seen as wealth builders, nor will they impress a banker. Russell Baker said:
 

 

“It seems to be a law of American life that whatever enriches us anywhere except in the wallet inevitably becomes uneconomic” — Russell Baker

In this quote, Russell Baker is commenting on how certain things that enrich society or improve quality of life in non-financial ways tend to be viewed as “uneconomic” or not worthwhile from a purely monetary perspective in American culture.

Baker suggests that while experiences, relationships, community involvement, education, the arts or time with family may fulfill higher human needs and make life more meaningful, if they do not directly lead to increased income, they are often deemed unimportant or unproductive by economic standards.

The quote implies a criticism that American society over-emphasizes wealth accumulation and sees too little value in enrichments that cannot be measured in dollars.

Baker argues many aspects of a thriving society that uplift people’s lives in non-monetary ways will still be undervalued as long as the sole measure of their worth remains financial.

Birthday: August 14, 1925 – Death: January 21, 2019