Elizabeth Warren: Court Wallet Rulings

Elizabeth Warren Money Quote saying Supreme Court needs Ethics guidelines to prevent justices from deciding cases that could benefit them. Elizabeth Warren said:
 

 

“We’ve got to make sure that justices are ruling on behalf of the constitution – not on behalf of their friends or their wallets” — Elizabeth Warren

In this quote, Elizabeth Warren is expressing concern about potential conflicts of interest or biases among Supreme Court justices. She argues that justices should be ruling strictly based on their interpretation of the constitution, not in a way that benefits their personal associates or financial interests. Warren seems to believe there is a risk that rulings could be improperly swayed by justices’ relationships or investments.

Overall, her statement calls for measures to ensure the impartiality and independence of the Supreme Court so that decisions are made solely in consideration of constitutional law rather than other external factors.

Supreme Court justices can fatten their wallets because one major rule doesn't apply to them. — @ElizabethforMA pic.twitter.com/1vJnOl51aJ

— ATTN: (@attn) November 10, 2018

Robert Solow: Inaction Has it’s Costs

Robert Solow Money Quotation saying the costs of taking no action could be greater than attempting to solve poverty for kids. Robert Solow said:
 

 

“I suspect that in fact our wallets exceed our will, but in any event this concern for the drain on our resources completely misses the other side of the equation: Inaction has its costs too” — Robert Solow

In this quote, Robert Solow is addressing concerns about the costs of taking action versus the costs of inaction. Specifically, he is suggesting that while concerns over draining resources through action are valid, “inaction has its costs too” which are often overlooked.

Solow seems to be arguing that simply focusing on the direct costs of a given action or policy ignores the potential longer-term costs that could result from doing nothing. By stating that “our wallets exceed our will”, he implies that sometimes fears over short-term spending outweigh considerations of the benefits action could provide.

In essence, Solow is advocating for a balanced perspective that takes into account both the costs of acting and the costs of not acting when evaluating policy choices, rather than an overly narrow focus only on the monetary costs of the immediate action being proposed. Fully assessing policy options requires considering both sides of the equation.

John McAfee: Bitcoin is a Great Idea

John McAfee Money Quotation saying hacking threatens bitcoin digital currency wallets on cell phones, so it could be at risk there. John McAfee said:
 

 

“Bitcoin, generally, is a great idea. Keeping wallets on smartphones is the worst idea of the decade” — John McAfee

John McAfee, who is saying that keeping bitcoin wallets on smartphones is a risky idea. Since smartphones can be lost, stolen, or hacked more easily than desktop computers, anyone who stores the private keys to their bitcoin wallet on a phone runs the risk of losing all their bitcoin if something happens to that phone.

Without access to the private keys, the bitcoin cannot be recovered. By calling it “the worst idea of the decade,” McAfee is strongly warning people not to keep their bitcoin stored on smartphones due to the security risks involved.

Bitcoin, generally, is a great idea. Keeping wallets on smartphones is the worst idea of the decade, as w… #mcafee https://t.co/sdy2pJ0TEu

— John McAfee (@officialmcafee) February 14, 2014

Steven Levitt & Stephen Dubner: Human Wallets

Steven Levitt & Stephen Dubner Money Quotation saying in their book ‘Think Like a Freak’ that most businesses see customers as containers of cash that need to be opened and emptied. Steven Levitt & Stephen Dubner said:
 

 

“To the average company, a customer is a human wallet from which the company attempts to extract as much money as possible” — Steven Levitt & Stephen Dubner

In this quote, economists Steven Levitt and Stephen Dubner seem to be critiquing how some companies view and treat their customers. They argue that from the perspective of the average company, a customer is primarily seen as a “human wallet” – meaning the company’s main goal is to maximize the amount of money it can take or “extract” from each customer.

This suggests companies focus more on short-term profit extraction than developing long-term customer relationships or satisfaction. The quote conveys Levitt and Dubner’s view that customers are often regarded as objects to be monetized rather than people to be served well by businesses seeking repeat business and loyalty over the long run.

Fern Naito: Hearts, Minds & Dollars

Funny Money Quotes: We’re so attached to our cash, we quickly respond to anything that costs us some significant chunk of that money. Fern Naito said:
 

 

“When you’ve got them by their wallets, their hearts and minds will follow” — Fern Naito

Fern Naito seems to be saying that by appealing to people’s financial interests or incentives, you can also influence their broader perspectives and loyalty. The quote suggests that if someone stands to benefit monetarily from supporting an idea or entity, their emotions and overall buy-in are likely to follow suit.

In essence, Naito appears to be acknowledging that an effective strategy for gaining widespread backing involves first engaging people’s wallets or economic self-interest, after which their “hearts and minds” may also align over time due to their financial stake in the matter. The message implies that money can be a powerful tool for not only attracting behavior but also shaping beliefs and perspectives on a larger scale.

Edwin Feulner: Leaving Money in Wallets

Edwin Feulner Money Quote saying that putting additional cash in the hands of the people can easily be accomplished by not taking it from them at all.
 

 

“The best way to put more money in people’s wallets is to leave it there in the first place” — Edwin Feulner

Edwin Feulner is making a point about taxes and government spending with this quote. He’s suggesting that the most effective way for people to have more money available is if the government doesn’t take it from them in the form of taxes in the first place.

Feulner is implying that individuals are better at managing their own money and spending power than the government is.

The quote conveys Feulner’s view that people are left with more usable income and purchasing power when the government doesn’t collect and redistribute as much of citizens’ paychecks through taxation policies.

Birthday: November 21, 1936 – Present