Posts Tagged ‘government’

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Bernie Sanders: Banks Destroyed Economy

Posted by admin on Monday, January 18, 2016

Bernie Sanders Money Quotation saying wall street banks were deregulated by government and then created collateralized debt obligation (CDO) which resulted in the great recession. Bernie Sanders said:
 
Wall Street put billions of dollars in lobbying, in campaign contributions to get the government off their backs. They got the government off their backs.  Turns out that they were crooks, and they destroyed our economy. I think it’s time to put the government back on their backs Quote
 

“Wall Street put billions of dollars in lobbying, in campaign contributions to get the government off their backs. They got the government off their backs. Turns out that they were crooks, and they destroyed our economy. I think it’s time to put the government back on their backs” — Bernie Sanders

 

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Bernie Sanders seems to be criticizing the influence of Wall Street lobbying and campaign donations on deregulating the financial industry. He argues this “government off their backs” approach allowed major banks and financial firms to engage in crooked, risky behavior that ultimately destroyed the economy. Sanders implies the lack of proper oversight directly contributed to the financial crisis.

His remarks suggest that re-regulating Wall Street with stricter rules and enforcement is needed to curb future misconduct and prevent another economic meltdown caused by the financial industry.

Overall, Sanders portrays Wall Street influence as undermining necessary government protections for consumers and the economy.

Goldman Sachs Washington Post Headline

Nick Hanauer: Not Slash Poverty Programs

Posted by admin on Saturday, January 9, 2016

Nick Hanauer Money Quotation saying reduce government bloat by increasing wages so poverty programs aren’t needed. Nick Hanauer said:
 
shrink the size of government, but not by slashing the poverty programs, but by ensuring that workers are paid enough so that they actually don't need those programs Quote
 

“Let’s by all means shrink the size of government, but not by slashing the poverty programs, but by ensuring that workers are paid enough so that they actually don’t need those programs” — Nick Hanauer

 

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In this quote, Nick Hanauer is arguing against shrinking the size of government primarily by cutting poverty programs and social services. Instead, he believes a better way to reduce the need for such programs is by ensuring that workers are paid enough through their regular wages so that they do not need to rely on government assistance in the first place.

In essence, Hanauer is saying it is preferable to decrease government spending and size indirectly by raising wages for low-income workers, rather than directly slashing existing poverty programs that many currently depend on. This would grow the economy from the middle out by putting more money in the hands of regular consumers.

John Adams: Government Not For Profit

Posted by admin on Tuesday, December 1, 2015

John Adams Money Quotation saying the government he helped to found was for the protection and happiness of everyone and not a limited privileged few. John Adams said:
 
Government is instituted for the common good; for the protection, safety, prosperity, and happiness of the people; and not for profit, honor, or private interest of any one man, family, or class of men Quote
 

“Government is instituted for the common good; for the protection, safety, prosperity, and happiness of the people; and not for profit, honor, or private interest of any one man, family, or class of men” — John Adams

 

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This quote from John Adams expresses the core principle that the purpose of establishing a system of government is to serve the well-being and benefit of all citizens within a society, rather than the priorities of any single person, family, or social class.

It suggests that a government’s role and function should be to protect the people, ensure their security and safety, promote overall prosperity, and support the happiness of the population as a whole. According to Adams, a just system of rule is not meant to generate profit, status, or advantage for any private individual or group at the expense of others.

Rather, the “common good” of the entire populace should be the foremost aim and driving force behind a legitimate government’s policies, decisions and leadership.

Birthday October 30, 1735 – Died July 4, 1826

 

Milton Friedman: Perfectly Worthless Paper

Posted by admin on Monday, November 30, 2015

Milton Friedman Money Quotation saying The Federal Reserve puts ink to paper in a valueless way, as only government could. Milton Friedman said:
 
Only government can take perfectly good paper, cover it with perfectly good ink and make the combination worthless Quote
 

“Only government can take perfectly good paper, cover it with perfectly good ink and make the combination worthless” — Milton Friedman

 

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Milton Friedman is criticizing how governments can devalue or destroy the value of money through certain economic policies. By “perfectly good paper” and “perfectly good ink”, he is referring to currency like bills.

Friedman is suggesting that even though the physical materials used to make money have value on their own, governments have the unique power to render that money worthless simply through decisions around monetary policy, money supply, or other economic actions.

His point is that only a governing body, not private individuals or companies, can essentially wipe out the purchasing power and usefulness of a currency that physically appears sound, through policies that undermine its value and status as legal tender.

Carl Icahn: Laws Caused Income Inequality

Posted by admin on Friday, October 23, 2015

Carl Icahn Money Quotation saying that government and politicians wrote and passed laws that lead to income inequality, but refuse to legislate it now. Carl Icahn said:
 
Carl Icahn Politicians argue that government should not interfere with the ‘business judgment’, of our companies and, therefore they cannot pass laws to encourage ‘income equality.’ ... the sad fact is that the government has actually passed many laws that have brought about ‘income inequality' quote
 

“Politicians argue that government should not interfere with the ‘business judgment’, of our companies and, therefore they cannot pass laws to encourage ‘income equality.’ … the sad fact is that the government has actually passed many laws that have brought about ‘income inequality'” — Carl Icahn

 

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In this quote, Carl Icahn is criticizing the argument made by some politicians that the government should not interfere with business decisions or pass laws aimed at encouraging income equality. Icahn acknowledges that on the surface, this stance seems to promote less government interference in the free market.

However, he then points out the hypocrisy by stating that in reality, the government has already passed numerous laws over time that have directly contributed to rising income inequality between the wealthy and ordinary workers.

Icahn appears to be implying that if politicians are going to defer to business judgment and not enact equality-promoting laws, they should also repeal existing legislation that has skewed the system to benefit some corporate interests and executives over average employees.

Overall, the quote suggests Icahn believes the government cannot claim neutrality on this issue since it has actively shaped outcomes through prior lawmaking.

Bill Maher: Supply Side Jesus’ Investors

Posted by admin on Monday, October 5, 2015

Bill Maher Money Quotation saying conservatives in government created an entirely new Jesus that reflects their own values and justify their own views. Bill Maher said:
 

 
Supply Side Jesus: He'd love to help the less fortunate, but he's got investors to think about Quote
 

“A small businessman from Galilea, whose main gripe is big government and who wants to make Nazareth great again. I call him Supply Side Jesus: He’d love to help the less fortunate, but he’s got investors to think about” — Bill Maher

 

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Rick Santorum: Big Money President

Posted by admin on Thursday, September 24, 2015

Former Sen. Rick Santorum (R-Pa.) Money Quotation saying that electorate doesn’t need political candidates tied to big campaign donors. Rick Santorum said:
 
Rick Santorum American families don’t need another president tied to big government or big money quote
 

“American families don’t need another president tied to big government or big money” — Rick Santorum

 
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Lawrence Lessig: U.S. Gov Purchased Policy

Posted by admin on Saturday, September 12, 2015

Lawrence Lessig Money Quote saying American politics is ruled by special interest groups donations to campaigns. Lawrence Lessig said:
 
Lawrence Lessig America's government has been bought. But not by us. Not by the American people. America's government has been bought by the cronies and special interests quote
 

“America’s government has been bought. But not by us. Not by the American people. America’s government has been bought by the cronies and special interests” — Lawrence Lessig

 

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This quote suggests Lawrence Lessig believes that the government of the United States has been influenced and controlled by special interest groups and wealthy donors, rather than the general population. He is implying that the government has been “bought” by these interests, rather than being responsive to the needs and desires of the people

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