“I owe baseball all that I have and much of what I hope to have. Baseball made my entrance to the film industry immeasurably easier than I could have made it alone. To the greatest game in the world I shall be eternally in debt.” WorldMadeFilmGamesIndustryEasierBaseballDebtMade ItEntrancesFilm Industry Author:Chuck Connors
“A national debt if it is not excessive will be to us a national blessing; it will be powerfull cement of our union. It will also create a necessity for keeping up taxation to a degree which without being oppressive, will be a spur to industry.” IfsIndustryBlessingDegreesUnionsDebtTaxationSpursCementNational Debt Book:The Works of Alexander Hamilton: Correspondence. 1769-1789 Source: The Works of Alexander Hamilton: Correspondence. 1769-1789
“You must, to get through life well, practice industry with economy, never create a debt for anything that is not absolutely necessary, and if you make a promise to pay money at a day certain, be sure to comply with it. If you do not, you lay yourself liable to have your feelings injured and your reputation destroyed with the just imputation of violating your word.” IfsWellsFeelingsCertainPayPracticeEconomyIndustryPromiseLaysDebtReputationDestroyedInjuredLiable Author:Andrew Jackson
“If you look at all the lobbyists in Washington, this is not a democracy. This is ruled by special interest groups. That includes the military, the pharmaceutical industry, the people who produce mechanized debt, GMO foods. We are prisoners.” PeopleIfsLooksInterestDemocracyGroupsSpecialMilitaryProduceIndustryDebtPrisonerSpecial InterestsLobbyistsPharmaceuticalInterest GroupsGmosPharmaceutical IndustrySpecial Interest GroupsGmo Foods Author:Deepak Chopra
“But though a funded debt is not in the first instance, an absolute increase of Capital, or an augmentation of real wealth; yet by serving as a New power in the operation of industry, it has within certain bounds a tendency to increase the real wealth of a Community, in like manner as money borrowed by a thrifty farmer, to be laid out in the improvement of his farm may, in the end, add to his Stock of real riches.” FirstsMayRealEndsCertainCommunityWealthIndustryIncreaseAbsolutesAddBoundsDebtRichesImprovementTendenciesInstanceOperationsServingFarmsFarmersBorrowedThriftyReal Wealth Book:The Political Economy of the American Revolution Source: The Political Economy of the American Revolution
“Oil now, as a result of the Saudi production, is priced so low that there are not going to be new fracking investments made. A lot of companies that have gone into fracking are heavily debt-leveraged, and are beginning to default on their loans. The next wave of defaults that banks are talking about is probably going to be in the fracking industry. When the costs of production are so much more than they can end up getting for the oil, they just stop producing and stop paying their loans.” MadeEndsNextResultsCompanyTalkingGoneIndustryCostLowsInvestmentWaveProductionsDebtOilLoanDefaultSaudisFracking Author:Michael Hudson
“There's one other element I just want to be sure to mention here: that is that there are 43 million young people who are locked into predatory student loan debt for whom there is no way out in the foreseeable future given the economy that we have: this predatory Wall Street driven financialized low-wage service industry economy.” PeopleWayWantYoungGivenMillionsEconomyStreetsStudentsWallIndustryElementsLowsDebtDrivenLockedLoanPredatoryStudent LoanService Industry Author:Jill Stein