Posts Tagged ‘loans’
Donald Trump: Banks Incoherent
on Saturday, May 30, 2020Donald Trump Money Quote saying banks of all sizes are processing loans for businesses of all sizes. Donald Trump said:
“Just like we’re going to help the airlines and the big companies, we’re going to help the little companies. And the banks are run – nobody is equipped to do a thing like that, but the banks are equipped. So, the banks are doing it. Big banks, small banks. We have many banks — community banks — and they’re processing the loans” — Donald Trump
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Pelosi & Schumer: Coronavirus Cost
on Friday, May 1, 2020Speaker Nancy Pelosi and Senate Democratic Leader Chuck Schumer Money Quote saying that they are concerned about the White House failing to get aid to those who need it most to resolve coronoavirus economic costs. Speaker Nancy Pelosi and Senate Democratic Leader Chuck Schumer said:
“Any emergency funding supplemental the Congress approves must be entirely new funding — not stolen from other accounts — and include, at a minimum, strong provisions that ensure that:
- The president cannot transfer these new funds to anything other than the coronavirus and fighting infectious diseases;
- Vaccines are affordable and available to all that need it;
- Interest-free loans are made available for small businesses impacted by the outbreak;
- and The state and local governments are reimbursed for costs incurred while assisting the federal response to the coronavirus outbreak”
— Speaker Nancy Pelosi and Senate Democratic Leader Chuck Schumer
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Franklin Roosevelt: Bankers Incompetence
on Friday, July 8, 2016Franklin Delano Roosevelt Money Quote saying the untrustworthy bankers are unwisely speculating and writing bad loans. Franklin Delano Roosevelt said:
“Some of our bankers had shown themselves either incompetent or dishonest in their handling of the people’s funds. They had used the money entrusted to them in speculations and unwise loans” — Franklin Roosevelt
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Google: We’re Banning Payday Loan Ads
on Thursday, May 12, 2016David Graff, Director Global Product Policy at Google Money Quote saying payday lending search ads are being banned as of July 16, 2016. Google said:
“We’re banning ads for payday loans and some related products from our ads systems. We will no longer allow ads for loans where repayment is due within 60 days of the date of issue” — David Graff, Google
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Bernie Sanders: Banking, Not Gambling
on Monday, May 2, 2016Bernie Sanders Money Quote saying we need to stop Wall Street from speculating with small depositors money. Bernie Sanders said:
“Banking should be about providing affordable loans to Americans who need to purchase homes and cars, not reckless gambling on Wall Street” — Bernie Sanders
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Banking should be about providing affordable loans to Americans who need to purchase homes and cars, not reckless gambling on Wall Street.
— Bernie Sanders (@BernieSanders) May 2, 2016
Elizabeth Warren: Consumers Before Banks
on Friday, November 14, 2014Elizabeth Warren Money Quote saying we focus on regulating little people before enforcing laws on big financial institutions who break those laws. Elizabeth Warren said:
“The American people deserve a Congress that worries less about helping big banks and more about helping regular people who have been cheated on mortgages, on credit cards, on student loans, on credit reports” — Elizabeth Warren
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