Posts Tagged ‘financiers’
Robert Reich: Financiers Pockets
on Tuesday, November 23, 2021Robert Reich Money Quote saying finance, law, corporate lobbying moves money between different pockets. Robert Reich said:
“Most financiers, corporate lawyers, lobbyists, and management consultants are competing with other financiers, lawyers, lobbyists, and management consultants in zero-sum games that take money out of one set of pockets and put it into another” — Robert Reich
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Hugh McCulloch: Manipulation Banker
on Thursday, July 7, 2016Hugh McCulloch Comptroller of the Currency in 1863 saying Manipulating money doesn’t make a financier a banker, or banking unlikely to be useful. Hugh McCulloch said:
“Splendid financiering is not legitimate banking, and ‘splendid financiers’ are generally either humbugs or rascals” — Hugh McCulloch
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#HumBugDay December 21
George Bernard Shaw: Financiers Illusions
on Thursday, December 27, 2012George Bernard Shaw Money Quote saying the unreality of money and capital is emphasized by financiers belief in that odd netherworld concept. George Bernard Shaw said:
“Financiers live in a world of illusion. They count on something which they call the capital of the country, which has no existence” — George Bernard Shaw
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George Bernard Shaw was criticizing the way that financiers view and treat capital. He believed they lived in an illusory or unrealistic world where they acted as if the “capital of the country” was a real thing that could be counted on, when in Shaw’s view it had no true existence or substance.
The best interpretation is that Shaw saw the concept of capital that financiers relied on as being more of an abstract idea or belief than a concrete reality, and that they were deluding themselves by thinking they could depend on something as intangible as the overall capital of a nation.
Napoleon Bonaparte: Patriotism & Banker Decency
on Friday, December 3, 2010Napoleon Bonaparte Money Quotation saying bankers are not beholden to governments or countries when their primary objective is profit. Napoleon said:
“Money has no motherland; financiers are without patriotism and without decency; their sole object is gain” — Napoleon Bonaparte
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