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Finance Quotes

“The bigger problem still is that it determines in many ways what movies get made in the first place. Because as sources of finance are considering a project, they ask themselves, "Does this lend itself to a simplistic marketing approach which will guarantee a big opening weekend?" As a movie-goer, I think that's tragic, because when you look back at those movies that made us fall in love with movies in the first place, most of them were not high-concept, and most of them would not have "won their weekend."”

“When I became finance minister in 1991, I discovered that the wealth tax rates income - there was taxation on wealth. It was so atrocious and so high that actually nobody could accumulate money in an honest way. I removed that tax, and the result was that Indian companies for the first time acquired an incentive to grow big, to grow rich.”

“While Newt Gingrich was running for president four years ago a controversy bubbled up regarding his campaign finances. You see, in December of 2011 a watchdog group filed an FEC complaint alleging the campaign paid Gingrich himself $42,000 for his mailing list. Now, the group claimed that payment was not disclosed on his FEC filing.”

“Now, in an analysis of campaign finance filings by Politico we learned the [Donald] Trump campaign has paid Trump businesses more than $8 million so far in this race, that includes $1.3 million in rent for campaign offices, half a million for food and facilities for events, over $300,000 for corporate staffers, and nearly $6 million for the use of Trump`s private plane.”

“It was shameful that, after Haiti, Colombia was the second most unequal country in Latin America. But we've achieved some things; the inequality is coming down, and coming down fast. The growing economy has provided us with the funds to finance a very progressive social policy that has reduced extreme poverty. We have the lowest inflation rate of all Latin-America countries and the highest growth rate.”

“In a large pharmaceutical company, where it's a big bet, you're going to need finance people to be involved in the decision-making because the investment can run into the hundreds of millions of dollars. You're going to have to run scenarios. You might even need agreement from the C.E.O. to make that type of decision. If it's an incremental, low-cost decision in a marketing-oriented company, it may be a very different set of stakeholders a lot further down in the organization.”

“When I was a Senator from New York, I represented and worked with so many talented principled people who made their living in finance. But even thought I represented them and did all I could to make sure they continued to prosper, I called for closing the carried interest loophole and addressing skyrocketing CEO pay. I also was calling in '06, '07 for doing something about the mortgage crisis, because I saw every day from Wall Street literally to main streets across New York how a well-functioning financial system is essential.”

“The concept of the "information society" is both vague and all-embracing. Different participants meant different things by it. In practice, though, World Summit on the Information Society only dealt with a small number of issues: ICTs and human rights (to some extent), ICTs and development (to some extent), infrastructure finance and Internet governance. Very large aspects of what might have been included in the "information society" were not really discussed.”

“I run my own film school, the Rogue Film School, and I do it over three and a half days, eight hours non-stop everyday; alone, single-handedly. But the difference is in the Rogue Film School I do have real human beings in front of me from all over the world, and of course there's this course as well, they can ask, talk about their problems and obstacles, finances, anything, you just name it. Whereas in the Masterclass, you are speaking to cameras.”

“One of the things I think is very likely is that with the prospects of robust fiscal stimulus in response to voters mad as hell, the Fed is going to be in there with helicopter money. In other words, they're going to be buying whatever the Treasury issues. They're not going to, in effect, advocate strong fiscal stimulus and then not finance it. And that's helicopter money.”

“Our lives are now in a telephone, all our data, all our finances, all our personal information, and so it's proper that we have some constraints on that. But it's not going to be 100 percent. If it is 100 percent, then we're not going to be able to protect ourselves and our societies from some people who are trying to hurt us.”

“I rang my friend Jim Wolfensohn, who was then running a private commercial bank in New York. I said, "Come up to Vancouver", and he did. I put my proposition to him. He said, "I think it could work." I said, "Will you help us?" He said, "Yes." So, I set aside senior people in our treasury and they worked with Wolfensohn and the investment sanctions were applied. And that's what brought the regime down. The last South African Finance Minister, Barend du Plessis, went on record as saying that it was the investment sanctions that put the final nail in the coffin of apartheid.”

“Green is not just about renewable energy. It's also about creating a new direction for the whole economy. This requires government to step up, not step back, creating the kinds of mission-oriented public organizations that will enable us to tackle climate change - as ambitious as those that got us to the moon. It also requires the financial sector to be less short-term since we know that short-term finance has distorted incentives and directions in areas like biotechnology.”

“I always say, when I work with younger actresses, "I'm here." Reese says it, too: "We've lived it. We know things. So if there's anything you want to know." I'm careful not to be the preacher, like, "Now, listen to me!" But I do want to be available. Even in terms of things like finances - where do you learn that, if you don't have people you can ask, "Hey, can I ask you a question?"”

“How do you think we have the home mortgage deduction? We have it because way back when it was determined that the American dream equaled home ownership. And everybody knows that the vast majority of the American people will never be able to write a check for a house. You have to finance it.”

“We agree with that goal [to secure our border] and will be working with [Donald Trump] to finance on construction of the physical barrier, including the wall on the southern border. The law is already on the books. I voted for it, like, ten years ago, but nothing has gotten done and now we have a president who actually wants to secure the border and we are all in favor of doing that.”

“Finance ministers and central bank governors have the seats at the table, not labor unions or labor ministers. Finance ministers and central bank governors are linked to financial communities in their countries, so they push policies that reflect the viewpoints and interests of the financial community and barely hear the voices of those who are the first victims of dictated policies.”

“My Big Mama is my No. 1 financial role model. Much of my advice stems from what she taught me. She never made more than $13,000 a year, yet she paid off her home before she retired. She saved money from every paycheck. She taught me to be skeptical. It makes me cry to think that I'm a nationally syndicated personal finance columnist for one of the world's best newspapers and my core advice comes from my black grandmother who was a nurse's aide with just a high school education.”

“Are there no American citizens sympathizing with whiteguard emigres who conduct propaganda in favor of capitalism, against the Soviets? Then what does the point involve? The point is not to assist these persons, not to finance their activities. The point is that officials of both countries should not interfere in the internal affairs of the other country.”

“The leftists are constantly whining and moaning about all the money in politics. They want campaign finance reform, right? They want to get all the money out of politics. They want government money governing campaigns. They want all the money out, they say. But then you look at their coffers, and it's overflowing with hundreds of millions of dollars.”

“We were looking for someone who could get the film [Filth] made at that kind of level, with the finance we wanted, and we spoke to a lot of people. When I met James [McAvoy] in the Soho Hotel with Jon Baird, the director, he looked about ten years old. I thought there's no way he's going to be a forty-year-old divorced alcoholic cop. I thought, really lovely guy, I'll let him and John talk and see if they get on.”

“Maybe [the Republicans] 'll find ways around it, but the financial system of the world depends very heavily on the credibility of the US Treasury Department. US Treasury securities are what's called "good as gold"; they're the basis of international finance, and if the government can't uphold them, if they become valueless, the effect on the international financial system could be quite severe. But in order to destroy a limited health-care law, the right-wing Republicans, the reactionary Republicans, are willing to do that.”

“Incidentally, I don't think there is a non-adjectival 'globalisation'. What we have now is a particular form: dominated by finance and multinational corporations and by a rhetoric (though not a reality) of 'free trade' and market forces. So I'm not a localist. I'm an internationalist, but one who believes (a) that such a thing is really only possible through a prior grounding and (b) that the terms of our present globalisation have to be challenged politically.”

“The problem with the finance sector is not that it has crashed (though that has done enormous damage around the world) but the damage that it did even in its pomp. It is for that reason that we must not go back to business as usual. Most of all it is imperative we reduce the dominance of finance. And that means economically, ideologically, and in terms of political voice.”