“I balanced the budget for four straight years, paid off $405 billion in debt - pretty conservative. The first entitlement reform of your lifetime - in fact, the only major entitlement reform now is welfare.” YearsFirstsFactsFourMajorsPaidLifetimeConservativeDebtBillionsReformBudgetsWelfareBalancedEntitlementPaid Off Author:Newt Gingrich
“I bought a company in the mid-90s called Dexter Shoe and paid $400 million for it. And it went to zero. And I gave about $400 million worth of Berkshire stock, which is probably now worth $400 billion. But I've made lots of dumb decisions. That's part of the game.” MadeGamesDecisionCompanyMillionsPaidShoesBillionsDumbZeroDumb Decisions Author:Warren Buffett
“A European brewery has purchased Anheuser-Busch, the makers of Budweiser, for $52 billion. Which is a a shame because if they had waited until happy hour, they could have paid half that.” IfsHoursHalfPaidShameBillionsMakersHappy HourBreweriesBudweiser Author:Conan O'Brien
“In 2013 Citigroup had profits of $6.4 billion in the United States. They paid no federal income tax and, in fact, received a rebate from the IRS of $260 million. That same year J.P. Morgan had $17.2 billion in profits in the U.S. They also paid no federal income tax. Do you think it's time for tax reform?” ThinkingYearsStatesFactsUnitedMillionsUnited StatesTaxesPaidProfitBillionsIncomeReformIncome TaxIrsTax Reform Author:Bernie Sanders
“Wall Street is perhaps the most powerful economic and political force in this country. You have companies like Goldman Sachs, who just recently paid a settlement fine with the federal government for $5 billion for defrauding investors.” CountryGovernmentPoliticalForcePowerfulCompanyEconomicStreetsWallFinePaidBillionsMost PowerfulInvestorsFederal GovernmentSettlementGoldman Sachs Author:Bernie Sanders
“If some institution wants to sell you a billion dollars worth of mortgages, they might have to sell 100 million in the market, and then you'll buy the other 900 million on the same terms. Now, the very fact that this has been authorized or will be authorized, I hope, will firm up the market to some degree. And that's fine. But you don't want to have artificial prices being paid.” IfsWantHas BeensFactsMightTermMillionsFineDegreesPaidInstitutionsSellsDollarsBillionsFirmArtificialMortgage Author:Warren Buffett
“There is not a revolution that succe Saudi Arabia paid $7 billion for the Salafists to come, and the United States and Israel are pouring a lot of money into Egypt. Why? To divide the country by religion.” CountryStatesUnitedUnited StatesRevolutionPaidIsraelBillionsDividesLots Of MoneyEgyptPouringArabiaSaudi ArabiaSaudisSucces Author:Nawal El Saadawi
“Contrast 1968, when the CEO of General Motors took home, in pay and benefits, about sixty-six times the amount paid to a typical GM worker. Today the CEO of Wal-Mart earns nine hundred times the wages of his average employee. Indeed, the wealth of the Wal-Mart founder's family in 2005 was estimated at about the same ($90 billion) as that of the bottom 40% of the US population: 120 million people.” PeopleHomeTodayWealthPayMillionsAmountSixBenefitsHundredPaidWorkersBottomAveragePopulationBillionsNineEmployeeContrastSixtyFoundersTypicalCeoWagesMotorGeneral Motors Book:Ill Fares the Land Source: Ill Fares the Land
“In 1850, I believe, the church property in the United States, which paid no tax, amounted to $87 million. In 1900, without a check, it is safe to say, this property will reach a sum exceeding $3 billion. I would suggest the taxation of all property equally.” BelieveStatesReligionI BelieveChurchUnitedMillionsUnited StatesAtheismSafeTaxesPaidPropertyBillionsChecksTaxation Author:Ulysses S. Grant