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Loans Quotes

Browse 27 quotes about Loans.

Loans Quotes

“The bankers and financiers are badly overplaying their hands, again, and people are starting to catch on to the scam. Real wealth is tangible things produced with tangible effort. Loans made out of thin-air 'money' require no effort and are entirely ephemeral. But if those loans are used to acquire real ownership of real assets, then something has been exchanged for nothing and one party is getting screwed.”

WealthMoneyEconomySocietyEconomicsCorruptionFinanceCheatingAssetsFraudOwnershipCheatBankingBankersBanksDealScamLoansBankstersFiat CurrencyGreedy CorruptionBanksterFinancier
Author:Chris Martenson
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“With Lean Leniency by Stewart Stafford Office handshakes and smiles, ''Coffee or tea? Have a seat! Now, how can we help you?'' Hmm, now the cuff clicks. Clemency, a non-rider in a hunt, Cuckoo in power's tower eyrie, Financial fingers punch down, Then coldly count the money. Victimless crime, perp's bounty, Assailants with a whiff of coin, Left for dead, dripping liquidity, Drain death. Good mourning, sir. © Stewart Stafford, 2022. All rights reserved”

WealthMoneyPowerMercyGreedFinanceElitesLoanClemencyLoans
Author:Stewart Stafford
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“If the food that one ate the night before were somehow able to be seen and identified through one’s clothes throughout the day, millions of employees would each fast ten or so days before their payday.”

HumorJobsQuotesWorkFoodHumourClothesQuoteProfoundWorkersHungerDinnerHungryEmploymentBrokeThoughtfulEmployeeSatireThought ProvokingDeepInsightfulJobAphorismQuotationsWagesMaximsSayingsLoanEmployersSalaryTransparentTransparencyAdagesProverbsAphorismsMake You ThinkAxiomsAdageSupperProverbSatiricalSayingEpigramsSustenanceEmployeesQuotationGnomeClothingFastMaximEpigramDineGnomesProvoke ThoughtMade Me ThinkAxiomEmployerDictumDictumsWorkerStarveLoansWagePaydayEmploySalaries
Author:Mokokoma Mokhonoana
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“Currency Affairs by Stewart Stafford Monies lent with warm smiles of trust, Are debts collected at a dagger thrust, Gold shipped home from battles worst, Are taxes paid to the mermaid's purse. Whoever seeks to locate buried treasure, Digs their own grave by merest measure, Wealth bequeathed, deceased's pleasure, Forfeited by greed, a dead countermeasure. Cupidity looms outside a counting house, Alimony spat out to a prenup-free spouse, Bankruptcy declared by a profligate louse, Dermatitis creams for itchy hands do douse. © Stewart Stafford, 2022. All rights reserved.”

MoneyFinanceInheritanceBankruptcyAlimonyBuried TreasureLoansSunken TreasureDebt Collecting
Author:Stewart Stafford
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“The American real-estate industry believed segregation to be a moral principle. As late as 1950, the National Association of Real Estate Boards' code of ethics warned that "a Realtor should never be instrumental in introducing into a neighborhood ... any race or nationality, or any individuals whose presence will clearly be detrimental to property values." A 1943 brochure specified that such potential undesireables might include madams, bootleggers, gangsters - and "a colored man of means who was giving his children a college education and thought they were entitled to live among whites." The federal government concurred. It was the How Owners' Loan Corporation, not a private trade association, that pioneered the practice of redlining, selectively granting loans and insisting that any property it insured be covered by a restrictive covenant - a clause in the deed forbidding the sale of the property to anyone other than whites. Millions of dollars flowed from tax coffers into segregated white neighborhoods. "For perhaps the first time, the federal government embraced the discriminatory attitudes of the marketplace," the historian Kenneth R. Jackson wrote in his 1985 book, Crabgrass Frontier, a history of suburbanization. "Previously, prejudices were personalized and individualized; FHA exhorted segregation and enshrined it as public policy. Whole areas of cities were declared ineligible for loan guarantees." Redlining was not officially outlawed until 1968, by the Fair Housing Act. By then the damage was done - and reports of redlining by banks have continued.”

PropertyDiscriminationAmerican HistoryHousingSegregationBlack HistoryMortgageUs HistoryReal EstateLoansInstitutionalized RacismRedliningHousing DiscriminationMortgagesHousing LoansReal Estate History
Book:Un conto ancora aperto
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“Ohio hadn’t gone through the same real estate boom as the Sun Belt, but the vultures had circled the carcasses of dying industrial towns––Dayton, Toledo, Mansfield, Youngstown, Akron––peddling home equity loans and refinancing. All the garbage that blew up in people’s faces the same way subprime mortgages had. A fleet of nouveau riche snake oil salesmen scoured the state, moving from minority hoods where widowed, churchgoing black ladies on fixed incomes made for easy marks to the white working-class enclaves and then the first-ring suburbs. The foreclosures began to crop up and then turn into fields of fast-moving weeds, reducing whole neighborhoods to abandoned husks or drug pens. Ameriquest, Countrywide, CitiFinancial––all those devious motherfuckers watching the state’s job losses, plant closings, its struggles, its heartache, and figuring out a way to make a buck on people’s desperation. Every city or town in the state had big gangrenous swaths that looked like New Canaan, the same cancer-patient-looking strip mall geography with brightly lit outposts hawking variations on usurious consumer credit. Those entrepreneurs saw the state breaking down like Bill’s truck, and they moved in, looking to sell the last working parts for scrap.”

UsuryIndustrialismLoansEconomic DepressionHome EquityMortgagesSubprime Mortgage CrisisForeclosuresConsumer CreditSurburbs
Book:Ohio
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“When Steve Eisman stumbled into this new, rapidly growing industry of specialty finance, the mortgage bond was about to be put to a new use: making loans that did not qualify for government guarantees. The purpose was to extend credit to less and less creditworthy homeowners, not so that they might buy a house but so that they could cash out whatever equity they had in the house they already owned.”

CreditDebtEquityRecessionHomeownersLoansMortgage BondsSteve Eisman
Book:The Big Short: Inside the Doomsday Machine
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“[I]f he had to guess, he would say that the reason he doesn't want to loan the book out, to Ethan or anyone else, is because of the part of his personality that is one gigantic record-keeping system, a complex sifting and filing scheme that dictates what goes here and what goes there, turning his life into so many marks on a tablet. His mind would busy itself with the book's whereabouts every second it was away. He knows it would.”

PersonalityThoughtsOcdFilingBrainsLoansRecord Keeping
Book:A Few Seconds of Radiant Filmstrip: A Memoir of Seventh Grade
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“Treat debt the same as a really sharp sword. Use debt sparingly for well-thought-out reasons. Maintain debt properly. Aim to retire your debts at a reasonable point in the future.”

CreditDebtLifestyleFinanceLoanSwordBudgetingLoans
Book:Outsmart the Money Magicians: Maximize Your Net Worth by Seeing Through the Most Powerful Illusions Performed by Wall Street and the IRS
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“Her husband had pursued an “alternative lifestyle” that was “free of the fetters of capitalism.” The woman herself, when she was in college, had considered the conformist pressures of getting good grades, building a resume, and landing a job in some big corporation to be tedious and distasteful and had thought the life her husband wanted dovetailed with hers. They got married as soon as she graduated, and she got a job right after. She learned quickly that an “alternative lifestyle” meant nothing without a detailed, concrete plan, and living “free of the fetters of capitalism” meant working for places that didn’t pay their workers on time. As she worried about realizing this alternative lifestyle in the real world, she crumbled away under the pressures of working at a company in the non-profit sector that was run not by the normal labor of workers, but through their unrequited sacrifices. Meanwhile, her husband, who was her upperclassman in college but graduated later than she did, fiddled around in search of his ideal “alternative lifestyle” without ever settling down on any particular profession—the result being the twenty-million-won loan he had taken out and used up without her knowledge.”

JobsCapitalismIncomeAlternativesWorkingNonprofitsLoansAlternative Lifestyles
Book:Cursed Bunny
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