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Debtors Quotes

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Debtors Quotes

“In earlier days, even as a child, the beauty of landscapes was quite clear to me. A background for the soul's moods. Now dangerous moments occur when Nature tries to devour me; at such times I am annihilated, but at peace. This would be fine for old people but I... I am my life's debtor, for I have given promises.”

“A finer body of men has never been gathered by any nation than the men who have done the work of building the Panama Canal; the conditions under which they have lived and have done their work have been better than in any similar work ever undertaken in the tropics; they have all felt an eager pride in their work; and they have made not only America but the whole world their debtors by what they have accomplished.”

“There are many who say more than the truth on some occasions, and balance the account with their consciences by saying less than the truth on others. But the fact is that they are in both instances as fraudulant as he would be that exacted more than his due from his debtors, and paid less than their due to his creditors.”

“The poor man who takes property by force is called a thief, but the creditor who can by legislation make a debtor pay a dollar twice as large as he borrowed is lauded as the friend of a sound currency. The man who wants the people to destroy the Government is an anarchist, but the man who wants the Government to destroy the people is a patriot.”

“DEBT, n. An ingenious substitute for the chain and whip of the slave-driver. As, pent in an aquarium, the troutlet Swims round and round his tank to find an outlet, Pressing his nose against the glass that holds him, Nor ever sees the prison that enfolds him; So the poor debtor, seeing naught around him, Yet feels the narrow limits that impound him, Grieves at his debt and studies to evade it, And finds at last he might as well have paid it.”

“Were a stranger to drop on a sudden into this world, I would show him, as a specimen of its ills, a hospital full of diseases, a prison crowded with malefactors and debtors, a field of battle strewed with carcasses, a fleet foundering in the ocean, a nation languishing under tyranny, famine, or pestilence. To turn the gay side of life to him, and give him a notion of its pleasures; whither should I conduct him? to a ball, to an opera, to court? He might justly think, that I was only showing him a diversity of distress and sorrow.”

“Movies both reflect and create social conditions, but their special charm is to offer fantasy clothes as virtual reality, a world where people consume without the tedium of labor. Characters float in a world where the bill never comes due ... and we wonder why we're a debtor nation!”

“What if I say that it is not unjust but according to law that when a woman gets into debt her husband should bear it? And with the church of God sinning, it was but right that her Husband, who had espoused her unto Himself, should become the debtor on her behalf. The Lord Jesus stood in the relationship of a married Husband unto His church, and it was not, therefore, a strange thing that He should bear her burdens.”

“What various scenes, and O! what scenes of Woe, Are witness'd by that red and struggling beam! The fever'd patient, from his pallet low, Through crowded hospitals beholds it stream; The ruined maiden trembles at its gleam, The debtor wakes to thought of gyve and jail, The love-lorn wretch starts from tormenting dream; The wakeful mother, by the glimmering pale, Trims her sick infant's couch, and soothes his feeble wail.”

“Germany will always do the minimum to preserve the euro. Doing the minimum, though, will perpetuate the situation where the debtor countries in Europe have to pay tremendous premiums to refinance their debt. The result will be a Europe in which Germany is seen as an imperial power that will not be loved and admired by the rest of Europe - but hated and resisted, because it will perceived as an oppressive power.”

“The lower interest rates fueled housing and consumption booms in countries such as Spain and Ireland. At the same time, Germany, struggling with the burdens of reunification, tightened its belt and became more competitive. All this led to a wide divergence in economic performance. Europe became divided into creditor and debtor countries.”

“I hold every man a debtor to his profession; from the which as men of course do seek to receive countenance and profit, so ought they of duty to endeavor themselves, by way of amends, to be a help and ornament thereunto.”

“For many people, the mortgages they took out before 2008 are so high that they would be better off walking away from their houses. That is called "jingle mail," returning the keys to the bank and saying, "You can have the house. I can buy the house next door that's just like this for 20% less, so I'm going to save money and switch." That's what someone like Donald Trump or a real estate investor would do. But the banks are trying to convince the mortgage debtors, the homeowners, not to act in their own self-interest.”

“Most people think of the economy as producing goods and services and paying labor to buy what it produces. But a growing part of the economy in every country has been the Finance, Insurance and Real Estate (FIRE) sector, which comprises the rent and interest paid to the economy's balance sheet of assets by debtors and rent payers.”

“The bank's product is debt, because the banks want to make sure that they can get paid for the debt. But ultimately the only party that can pay the debt is the government, because it runs the printing presses. So the debts ultimately either are paid by the government, or they're paid by a huge transfer of property from debtors to creditors - or, the debts are written off.”

“We can say that true gratitude does not give rise to the debtor's ethic because it gives rise to faith in future grace. With true gratitude there is such a delight in the worth of God's past grace, that we are driven on to experience more and more of it in the future...it is done by transforming gratitude into faith as it turns from contemplating the pleasures of past grace and starts contemplating the promises of the future.”