Posts Tagged ‘wall street’
Next Page »Robert Kiyosaki: I Love Bitcoin
on Friday, January 14, 2022@theRealKiyosaki
Robert Kiyosaki Money Quote saying lack of trust in federal government financial agencies makes Bitcoin attractive. Robert Kiyosaki said:
“I love Bitcoin because I do not trust Fed, Treasury, or Wall Street” — Robert Kiyosaki
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The best interpretation of the quote by Robert Kiyosaki is that he is expressing his distrust in the traditional financial systems, such as the Federal Reserve, the Treasury, and Wall Street, and his preference for Bitcoin as an alternative.
He likely views Bitcoin as a decentralized and secure form of currency that is not controlled by any government or institution, which aligns with his belief in financial independence and self-reliance.
I love Bitcoin because I do not trust Fed, Treasury, or Wall Street.
— therealkiyosaki (@theRealKiyosaki) October 15, 2021
Robert Reich: Wall Street Greed
on Thursday, January 28, 2021Robert Reich Money Quote saying Wall Street and the stock market are an illusion of an industry built on greediness. Robert Reich said:
“If you took the greed out of Wall Street, all you’d have left is pavement” — Robert Reich
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In this quote, Robert Reich is criticizing the culture of greed that he sees as pervading Wall Street. He’s suggesting that without the intense focus on greed and prioritizing profits above all else, there would be little substantive activity or value left within the financial industry.
Reich appears to be arguing that Wall Street has become dominated by an ethos of greed and making money at nearly any cost, with few other considerations.
By stating all that would be left is “pavement” without this greed, he implies Wall Street’s primary function in his view is to enrich itself through preying on others’ wealth, rather than providing meaningful economic services. Overall, Reich is sharply condemning what he perceives as an excess of greed driving Wall Street.
If you took the greed out of Wall Street, all you'd have left is pavement.
— Robert Reich (@RBReich) January 28, 2021
Robert Reich: Wall Street Pockets
on Thursday, January 28, 2021Robert Reich Money Quote saying After Game stop stock Manipulation, Reich says it shows what the stock market is about. Robert Reich said:
“Wall Street and stock market are metaphors for a society rotting from self-indulgence, greed, widening inequality, and financial entrepreneurship that builds nothing, improves nothing, creates nothing, and solves nothing, but merely moves money from one set of pockets to another” — Robert Reich
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In this quote, Robert Reich is harshly criticizing Wall Street and the stock market. He views them as metaphors or representations of a society declining due to self-indulgence, greed, growing inequality, and a type of financial system that does not actually produce anything of value.
Reich argues that Wall Street and the stock market primarily function to move money between different parties, without building, improving, creating or solving any real economic or social problems.
He seems to believe they enrich those involved not through meaningful productivity, but by transactions and speculation that fail to generate true wealth or benefits for society.
Overall, Reich presents Wall Street and the stock market as emblematic of a culture that prioritizes selfishness, greed and inequality over shared prosperity and progress.
Wall Street and stock market are metaphors for a society rotting from self-indulgence, greed, widening inequality, and financial entrepreneurship that builds nothing, improves nothing, creates nothing, and solves nothing, but merely moves money from one set of pockets to another.
— Robert Reich (@RBReich) January 28, 2021
Herman Cain: Blame Yourself Rich
on Thursday, July 30, 2020Herman Cain Money Quote saying your financial condition is determined entirely by your own actions and has nothing to do with abusive financial institutions. Herman Cain said:
“Don’t blame Wall Street. Don’t blame the big banks. If you don’t have a job and you’re not rich, blame yourself!” — Herman Cain
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In this quote, Herman Cain seems to be arguing that individuals are solely responsible for their own economic circumstances rather than larger systemic factors. By stating people should “blame yourself” rather than “Wall Street” or “big banks” if they lack employment or wealth, Cain implies individual choices alone determine financial conditions rather than outside influences.
However, many would argue this perspective overlooks the role of chance, inherent inequalities, lack of access to opportunity for some, and corporate interests that can negatively impact whole communities through no fault of individuals.
While personal responsibility is important, most reasonable people recognize both individual agency and outside constraints jointly shape life outcomes. A balanced, nuanced view acknowledges both individual and societal responsibilities in economic matters rather than reducing complex issues to simplistic blame.
Birthday: December 13, 1945 – Death: July 30, 2020
Hillary Clinton: Trump Tax Returns
on Saturday, October 26, 2019Hillary Clinton Money Quote saying Donald Trump’s tax returns will expose his actual wealth is different from his claims and therefore illuminate his honesty and who he does business with. Hillary Clinton said:
“You’ve got to ask yourself, why won’t Donald Trump release his tax returns? I think there may be a couple of reasons. First, maybe he’s not as rich as he says he is. Second, maybe he’s not as charitable as he claims to be. Third, we don’t know all of his business dealings, but we have been told through investigative reporting that he owes about $650 million to Wall Street and foreign banks. Or maybe he doesn’t want the American people to know that he’s paid nothing in federal taxes” — Hillary Clinton
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Ben Cohen: Swamp the Whitehouse
on Thursday, May 4, 2017Ben Cohen Money Quote saying Trump campaign slogan seems to have meant move swamp monsters out of the swamp and into the cabinet. Ben Cohen said:
“It’s clear now that ‘Drain the Swamp’ really meant ‘Suck up all the morally bankrupt billionaires, Wall Street executives, and special-interest pond scum, and then pump them into the White House with a fire hose” — Ben Cohen
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In this quote, Ben Cohen is sharply criticizing how the “Drain the Swamp” campaign slogan has been implemented under the current administration. By stating it has really meant “Suck up all the morally bankrupt billionaires, Wall Street executives, and special-interest pond scum, and then pump them into the White House with a fire hose”, Cohen implies the administration has filled its ranks with representatives from the very industries and moneyed interests the slogan ostensibly railed against as corruptive influences.
Cohen’s use of terms like “morally bankrupt”, “pond scum” and comparing the transfer of such figures into government to a “fire hose” conveys his perspective that lobbyists and donors from Wall Street, corporations and other monied special interests have essentially taken over the administration in a brazen, forceful manner counter to the slogan’s original populist messaging.
The overall interpretation is that Cohen views the “Drain the Swamp” rhetoric as cynically co-opted and redefined in practice to instead concentrate influence within the administration from the very forces the slogan ostensibly aimed to curb. His strong language portrays this outcome as a betrayal of voters who saw the slogan as targeting corruption, not enabling more of it according to Cohen’s assessment.
Bernie Sanders: Two-Tier Justice System
on Wednesday, September 28, 2016Bernie Sanders Money Quote saying We need consider fairness under the law because poor are prosecuted for petty crime, we need to guarantee prosecution for wealthy corporate crime. Bernie Sanders said:
“We have got to end the two-tier justice system — one for the poor and working class and one for Wall Street and the wealthy” — Bernie Sanders
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In this quote, Bernie Sanders seems to be criticizing what he views as an inequitable double standard within the U.S. justice system. Specifically:
- He argues there are effectively “two-tier” or two classes of justice – one system for ordinary citizens (“the poor and working class”) and another more lenient system for powerful economic elites (“Wall Street and the wealthy”).
- Sanders implies that the legal consequences and level of scrutiny applied differ based on socioeconomic status, with harsher treatment for average Americans compared to the affluent.
- The quote conveys Sanders’ position that a truly fair and just legal framework should have one uniform set of principles, processes and outcomes applied equally regardless of income or social class.
Overall, Bernie Sanders appears to be decrying what he sees as an imbalance where ordinary people face stricter punishment for similar offenses compared to wealthy and corporate entities. He advocates for reforming the system to ensure one standard of justice without double standards based on financial means.
Bernie Sanders: Wells Fargo Business Fraud
on Sunday, September 25, 2016Bernie Sanders Money Quote saying when Wall Street banks fraudulently open fake accounts to inflate stock prices, it is criminal behavior. Bernie Sanders said:
“Business model of Wall Street is fraud. In my view, there is no better example than the recently-exposed illegal behavior at Wells Fargo” — Bernie Sanders
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In this quote, Bernie Sanders is harshly criticizing the business practices of Wall Street banks like Wells Fargo. By stating their “business model” is “fraud”, Sanders is asserting that the core way these large financial institutions operate and generate profits is through fraudulent and illegal behavior. He cites the “recently-exposed illegal behavior” at Wells Fargo, which involved opening millions of fake accounts without customers’ consent, as evidence of this.
Overall, Sanders appears to be arguing that Wall Street culture systematically promotes deception and law-breaking in order to maximize earnings, and that Wells Fargo is just one example of a deeper problem across the industry. His language portrays the banking sector in an extremely negative light and suggests more stringent reforms are needed to curb fraudulent practices.
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