“The larger the unit of capital present, the easier the transaction called emission of credit. Centralized lending of this kind (which is today universal) actively promotes the absorption of the small man by the great, the reduction of small property owners to a proletarian condition.” MenKindWisdomTodayPoliticsEconomyConditionsEasierUniversalPropertyCreditLiberalismOwnersUnitsReductionEmissionsTransactionsLendingAbsorptionSmall Man Book:The Crisis Of Civilization Source: The Crisis Of Civilization
“In the first place, it is obvious that not only is wealth concentrated in our times but an immense power and despotic economic dictatorship is consolidated in the hands of a few, who often are not owners but only the trustees and managing directors of invested funds which they administer according to their own arbitrary will and pleasure. This dictatorship is being most forcibly exercised by those who, since they hold the money and completely control it, control credit also and rule the lending of money.” FirstsHandsPoliticsWealthPleasureEconomyEconomicDirectorsObviousCreditOur TimeLiberalismOwnersFundImmenseDictatorshipArbitraryLendingTrustees Author:Pope Pius XI
“Ninety-seven percent of the CEOs of the Fortune 500 are white men, and what they do radiates all the way down into poor areas and cities around our country. Like predatory lending and misallocation of municipal services. These guys get municipal service, poor areas don't. So they run the economy into the ground, and who suffers the most? The poor pay more and they die earlier.” MenWayCountryRunningGuySufferingDiesWhitePoorPayCitiesEconomyPercentAreasFortuneSevenOur CountryCeoWhite ManNinetyLendingPredatory Author:Ralph Nader