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Crisis Quotes

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Crisis Quotes

“Washington's answer to a self-inflicted financial crisis reminded Americans why they so deeply distrust the political class. The 'fiscal cliff' process was secretive and sloppy, and the nation's so-called leadership lacked the political courage to address our root problems: joblessness and debt.”

“Obviously, our most pressing need is subsistence for the most vulnerable victims of Katrina, but we should not overlook the fact that the victims of Katrina also include middle-class Americans who have saved and invested, but now face an economic crisis, .. They should be able to tap into their savings and meet this crisis without facing an unfair penalty.”

Needs Should Facts Able Faces Class Economic Middle Crisis Victim Saved Vulnerable Saving Middle Class Unfair Penalties Savings Katrina Economic Crisis Subsistence

Author:Artur Davis

“It appears then, that capitalist production comprises conditions independent of good or bad will, conditions which permit the working-class to enjoy that relative prosperity only momentarily, and at that always only as the harbinger of a coming crisis.”

Enjoy Class Conditions Independent Crisis Prosperity Productions Permit Relative Capitalist Working Class Harbinger

Book:Karl Marx, Frederick Engels: .. Karl Marx: Capital vol.II

Source: Karl Marx, Frederick Engels: .. Karl Marx: Capital vol.II

“The workmen's revolution, with the terrors of destruction and murder, not only threatens us, but we have already been living upon its verge during the last thirty years, and it is only by various cunning devices that we have been postponing the crisis. The hatred and contempt of the oppressed people are increasing, and the physical and moral strength of the richer classes are decreasing: the deceit which supports all this is wearing out, and the rich classes have nothing wherewith to comfort themselves.”

“Daily life is a comprimised blend of posturing for the sake of role-playing and of varying degrees of self-revelation. Under stressful conditions even the "true" self cannot be precisely defined, as Erving Goffman observes. ...Little wonder that the identity crisis is a major source of modern neuroticism, and that the urban middle class aches for a return to a simpler existence.”

“If there are indeed any iron laws of history, one of them is surely that in any major crisis of the capitalist system, a sector of the liberal middle class will shift to the left, and then shift smartly back again once the crisis has blown over.”

Ifs Law Left Class Middle Majors Crisis Middle Class Iron Capitalist Back Again

Author:Terry Eagleton

“Whatever people may say, the fastidious formal manner of the upper classes is preferable to the slovenly easygoing behaviour of the common middle class. In moments of crisis, the former know how to act, the latter become uncouth brutes.”

People Knows May Moments Common Class Know How Middle Crisis Former Latter Middle Class Behaviour Formal Brutes Upper Class Fastidious Uncouth

Author:Cesare Pavese

“you know a person is having a severe personality crisis if you see a high school class ring on a finger beyond the first semester in college. Male or female. It's a big sign saying nothing has mattered to my life since senior year.”

Source: Sacred cows-- and other edibles

“When excesses such as lax lending standards become widespread and persist for some time, people are lulled into a false sense of security, creating an even more dangerous situation. In some cases, excesses migrate beyond regional or national borders, raising the ante for investors and governments. These excesses will eventually end, triggering a crisis at least in proportion to the degree of the excesses. Correlations between asset classes may be surprisingly high when leverage rapidly unwinds.”

“The financial crisis was a classic case of the political class failing the American people. Twenty-five agencies were supposed to be minding the store during the financial crisis and every one of them was asleep at the switch.”

People Political Class Cases Five Failing Twenties Crisis Financial Stores Supposed To Be Classic Agency Twenty Five Financial Crisis

Author:Carly Fiorina

“I mean, we've always had gold bugs, but now we sort of realize that Treasure Bills might be in the same category. And we have derivatives like credit default swaps which are in this category, and we have derivatives like volatilities that are actually an asset class that we can invest in which are now - would out perform if we have another financial crisis.”

Ifs Mean Might Realizing Class Gold Crisis Bills Financial Credit Treasure Assets Categories Bugs Default Financial Crisis Derivatives Volatility Credit Default Swap

Author:Robert F. Engle

“Let's stop for a second and remember where we were eight years ago [in 2008]. We had the worst financial crisis, the Great Recession, the worst since the 1930s. That was in large part because of tax policies that slashed taxes on the wealthy, failed to invest in the middle class, took their eyes off of Wall Street, and created a perfect storm.”

“I don't have support. Not me ; all Syria. Every agreement is between every class and every sector in Syria ; government, people, trade, military, culture, everything ; it's like the cooperation between your country and any other country in the world. It's the same cooperation. It's not about me ; it's not support for the crisis.”

People World Country Government Culture Class Support Military Crisis Trade Agreement Cooperation Other Countries Syria

Author:Bashar al-Assad

“For example, the insurance industries and the big banks are absolutely euphoric now - on the business pages they don't even conceal it - because they've succeeded in coming out of the crisis even stronger than they were before, and in a better position to lay the basis for the next crisis. But they don't care, because they'll get bailed out again. That's class consciousness with a vengeance.”

Bigs Care Next Consciousness Class Example Position Industry Pages Bases Stronger Crisis Lays Don't Care Coming Out Vengeance Euphoric Class Consciousness

Author:Noam Chomsky

“Here's Hillary Clinton getting away with tying the Republicans to rich people. She's tying the Republican Party to Wall Street, to the big banks. She's tying the Republican Party to the financial crisis in 2008. It's all their fault. She's tying herself as with the low-income crowd - and the average, ordinary middle class American - as their champion, as their defender. They don't know that it's not the Republicans in bed with banks. They don't know that it's the banks that are practically paying for and underwriting the Democrat Party and Hillary Clinton today.”

“It's just very hard to teach a class of students about what has happened in the Global Financial Crisis, how we ended up there and how we got to where we are today, without having some basic, non-trivial understanding of the financial sector, credit, and the banking system.”

Hard Today Understanding Class Teach Happened Students Crisis Financial Credit Banking Financial Crisis Banking System

Author:Alan M. Taylor

“A true crisis. Class 3 outbreaks, more than any other, demonstrate the clear threat posed by the living dead. Zombies will number in the thousands, encompassing an area of several hundred miles.”

Numbers Class Clear Hundred Areas Crisis Threat Miles Zombie Outbreaks

Book:The Zombie Survival Guide: Complete Protection from the Living Dead

Source: The Zombie Survival Guide: Complete Protection from the Living Dead