“I believe that the 21st century economy is an economy of people, not of factories. The intellectual factor has become increasingly important in the economy, which is why we are planning to focus on providing additional opportunities for people to realise their potential.” PeopleThinkingOpportunityResponsibilityHistoryPowerEconomyPlansEconomicCenturyHonestyDevelopmentCreatingIntellectualAspectEconomicsDebtSocialismRealisingFactories21st CenturyTaxationEconomic Development Author:Vladimir Putin
“One of the reasons I think people are increasingly nervous about U.S. debt is because they think that we are not actually digging ourselves out of the hole, but instead are digging ourselves into a deeper and deeper hole and will not be able to pay it back because we're not actually creating the new technologies that will enable us to pay back and the money somehow is not really being invested in the future or in progress.” PeopleThinkingReasonAblePayTechnologyProgressCreatingDeeperDebtHolesNervousDiggingNew Technology Author:Peter Thiel
“Parents vary in their sense of what would be suitable repayment for creating, sustaining, and tolerating you all those years, andwhat circumstances would be drastic enough for presenting the voucher. Obviously there is no repayment that would be sufficient . . . but the effort to call in the debt of life is too outrageous to be treated as anything other than a joke.” YearsEnoughWould BeLife IsParentEffortCircumstancesCreatingJokesDebtTreatedSufficientVaryOutrageousSuitablePresentingSustainingDrasticVouchersRepayment Author:Frank Pittman
“The first task of the Federal Reserve system would be to finance the World War. The European nations were already bankrupt, because they had maintained large standing armies for almost fifty years, a situation created by their own central banks, and therefore they could not finance a war. A central bank always imposes a tremendous burden on the nation for "rearmament" and "defense", in order to create inextinguishable debt, simultaneously creating a military dictatorship and enslaving the people to pay the "interest" on the debt which the bankers have artificially created.” PeopleWorldYearsFirstsWarWould BeOrderNationsInterestPaySituationMilitaryCreatingStandingTasksArmyBurdenDebtDefenseFinanceWar Of The WorldsFiftyDictatorshipReservesBankersFederal ReserveCentral Banks Author:Eustace Mullins
“The companies that provide debt, what do you think their goal is? Is their goal for you to fully understand the cost of your debt? No. So they're basically creating these approaches to make you feel like it is incredibly cheap or just to think about the cost per day rather the cost per year or cost for a lifetime. So debt is very simple mistake.” ThinkingFeelsYearsGoalSimpleMistakeCompanyCostApproachCreatingLifetimeDebt Author:Dan Ariely
“Trying to solve the problem by creating more debt is analogous to trying to stop being an alcoholic by going on a bender down at the corner bar.” TryingProblemCreatingCornersSolveDebtBarsAlcoholics Author:John L. Casti
“Slavery remained in the Deep South by other names - in prison programs with charges over nothing and eternal debt that threatened every African-American in the South right up through World War II. And that was after killing three-quarters of a million people, destroying cities, and creating hostility that exists to this day over the the Confederate flag and the racism it symbolizes, all brewing out of bitterness over a war that didn't have to happen.” PeopleWorldWarHappensThreeNamesCitiesMillionsEternalCreatingRacismProgramSlaveryPrisonSouthKillingDebtAfrican AmericanWar Of The WorldsThis DayBitternessDestroyingQuartersWorld War IiFlagsWorld War IThreatenedHostilityConfederateBrewingConfederate Flag Author:David Swanson
“All the corporate welfare, yeah, it goes from cash payments to debt, to regulations on the competitors, to restrictions on trade, to mandates. You name it, anything so that business doesn't have to do a better job of creating value for others - they can just get the system in their favor.” JobsValuesNamesCreatingYeahTradeDebtFavorsCorporateWelfareCashRegulationCompetitorsRestrictionPaymentMandatesBetter JobsCreating Value Author:Charles Koch
“The Fed needs to adopt new tools, on its own and perhaps in cooperation with the other parts of the US government, to improve the economy from the bottom up. This includes increasing facilities for debt forgiveness for under-water mortgages and excessive student loans; increased credit facilities for small businesses and cooperatives; helping to underwrite mechanisms for creating affordable housing in cities; and more restrictive enforcement of financial regulatory rules to help rein in excessive banker risk and pay.” NeedsHelpingGovernmentWaterPayCitiesEconomyRiskStudentsCreatingToolsBottomFinancialCreditDebtFedsCooperationMechanismEnforcementSmall BusinessHousingLoanFacilityBankersMortgageAffordableReinsCooperativesStudent LoanAffordable Housing Author:Gerald Epstein