Posts Tagged ‘trillions’

Linda Lacewell: Dirty Trillions

Posted by admin on Monday, September 21, 2020

Linda Lacewell Money Quote saying banks appear to ignore illicit funds flowing through their accounts after filing pointless required paperwork. Linda Lacewell said:
 

 

Trillions of dollars in dirty money gushes through the financial system in a toxic stew of criminal proceeds. Banks must put integrity at the center of what they do and empower compliance personnel to act. The SAR should be the beginning of the analysis not the end. We must act” — Linda Lacewell

 

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Kurt Eichenwald: Tax Bill Trillions in Debt

Posted by admin on Monday, November 27, 2017

Kurt Eichenwald Money Quote saying Tax Bill being considered by Congress is likely to push the U.S. trillions further into debt crush what is best about America in order to benefit the rich. Kurt Eichenwald said:
 
trillions in debt, crippling Medicare. For what? Cause rich people really really promise THIS time to use dollars for jobs, when never did before? Quote
 

“If this tax bill is not stopped, it will be the end of the American era. Public education crushed, brain drain of advanced degrees, trillions in debt, crippling Medicare. For what? Cause rich people really really promise THIS time to use dollars for jobs, when never did before?” — Kurt Eichenwald

 

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Jamie Dimon: Move Trillions Digitally

Posted by admin on Friday, October 13, 2017

Jamie Dimon Money Quote saying He understands that banks deal in a digital form of currency every day. Jamie Dimon said:
 
We move trillions of dollars a day digitally. It's not cash Quote
 

“I was reminded that we move trillions of dollars a day … digitally. It’s not cash” — Jamie Dimon

 

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Donald Trump: U.S. Infrastructure Decay

Posted by admin on Friday, January 20, 2017

Donald Trump Money Quote saying in a dystopian view of America that everything is crumbling while we spend our dollars outside the U.S. and create other countries wealth. Donald Trump said:
 
[We] spent trillions and trillions of dollars overseas while America's infrastructure has fallen into disrepair and decay. We've made other countries rich while the wealth, strength, and confidence of our country has dissipated over the horizon Quote
 

“[We] spent trillions and trillions of dollars overseas while America’s infrastructure has fallen into disrepair and decay. We’ve made other countries rich while the wealth, strength, and confidence of our country has dissipated over the horizon” — Donald Trump

 

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Paul Ryan: Raised Poor, Stay Poor

Posted by admin on Sunday, January 31, 2016

House Speaker Paul Ryan @SpeakerRyan Money Quotation saying that since inception, government safety net programs have not helped to elevate the poor or win the war on poverty. Paul Ryan said:
 
We’ve been fighting the War on Poverty for 50 years now. And I don’t think you can call it anything but a stalemate. The federal government has spent trillions of dollars Quote
 

“We’ve been fighting the War on Poverty for 50 years now. And I don’t think you can call it anything but a stalemate. The federal government has spent trillions of dollars. And yet today, if you were raised poor, you’re just as likely to stay poor as you were 50 years ago” — Paul Ryan

 

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Bernie Sanders: Risky Financial Instruments

Posted by admin on Thursday, December 17, 2015

Bernie Sanders Money Quotation saying any bank considered too large to fail should be broken up and investment activities curtailed. Bernie Sanders said:
 
In my view, if a bank is too big to fail, it is too big to exist. Wall Street cannot continue to be an island unto itself investing trillions in risky financial instruments Quote
 

“In my view, if a bank is too big to fail, it is too big to exist. Wall Street cannot continue to be an island unto itself investing trillions in risky financial instruments” — Bernie Sanders

 

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