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Money Quotes

“Pending catastrophe is not an easy notion to entertain, much less sustain. Americans, moreover, have a low tolerance for doom and gloom. We are the nation of optimism, after all. We elect leaders who promise hope and change. We are the shining city on a hill. But what happens when the lights go out?”

“But before any great things are accomplished, a memorable change must be made in the system of Education and knowledge must become so general as to raise the lower ranks of Society nearer to the higher. The Education of a Nation, instead of being confined to a few schools & Universities, for the instruction of the few, must become the National Care and expence, for the information of the Many.”

“If a man has an apartment stacked to the ceiling with newspapers, we call him crazy. If a woman has a trailer house full of cats, we call her nuts. But when people pathologically hoard so much cash that they impoverish the entire nation, we put them on the cover of Fortune magazine and pretend that they are role models.”

“A nation that continues year after year to spend more money on military defense than on programs of social uplift is approaching spiritual doom.”

“Never work just for money. Money alone won't save your soul or build a decent family life or help you sleep at night. We're the richest nation on Earth, with the highest number of imprisoned people in the world. Our drug addictions and child poverty are among the highest in the industrialized world. So don't ever confuse wealth or fame with character.”

“Nations have recently been led to borrow billions for war; no nation has ever borrowed largely for education... no nation is rich enough to pay for both war and civilization. We must make our choice; we cannot have both.”

“If the Nation can issue a dollar bond it can issue a dollar bill. The element that makes the bond good makes the bill good also. The difference between the bond and the bill is that the bond lets the money broker collect twice the amount of the bond and an additional 20%. Whereas the currency, the honest sort provided by the Constitution pays nobody but those who contribute in some useful way. It is absurd to say our Country can issue bonds and cannot issue currency. Both are promises to pay, but one fattens the usurer and the other helps the People.”

“Every child must be encouraged to get as much education as he has the ability to take. We want this not only for his sake - but for the future of our nation's sake. Nothing matters more to the future of our country: not our military preparedness - for armed might is worthless if we lack the brainpower to build world peace; not our productive economy - for we cannot sustain growth without trained manpower; not our democratic system of government - for freedom is fragile if citizens are ignorant.”

“Our progress as a nation can be no swifter than our progress in education. Our requirements for world leadership, our hopes for economic growth, and the demands of citizenship itself in an era such as this all require the maximum development of every young American's capacity. The human mind is our fundamental resource.”

“The money power preys on the nation in times of peace, and conspires against it in times of adversity. It is more despotic than monarchy, more insolent than autocracy, more selfish than bureaucracy. It denounces, as public enemies, all who question its methods or throw light upon its crimes.”

“The Federal Reserve Bank of New York is eager to enter into close relationship with the Bank for International Settlements....The conclusion is impossible to escape that the State and Treasury Departments are willing to pool the banking system of Europe and America, setting up a world financial power independent of and above the Government of the United States....The United States under present conditions will be transformed from the most active of manufacturing nations into a consuming and importing nation with a balance of trade against it.”

“The world also remains a hopeful place. Calls for democracy and human rights are being reborn everywhere, and these calls are an expression of support for the values enshrined in the United Nations Charter. They encourage our hopes for a more stable, more peaceful, more prosperous world.”

“We are for aiding our allies by sharing of our material blessings with those nations which share in our fundamental beliefs, but we're against doling out money government to government, creating bureaucracy, if not socialism, all over the world. We set out to help 19 countries. We're helping 107. We've spent 146 billion dollars. With that money, we bought a 2 million dollar yacht for Haile Selassie. We bought dress suits for Greek undertakers, extra wives for Kenya[n] government officials. We bought a thousand TV sets for a place where they have no electricity.”