“The full consequences of a default or even the serious prospect of default by the United States are impossible to predict and awesome to contemplate. Denigration of the full faith and credit of the United States would have substantial effects on the domestic financial markets and on the value of the dollar in exchange markets. The Nation can ill afford to allow such a result. The risks, the cost, the disruptions, and the incalculable damage lead me to but one conclusion: the Senate must pass this legislation before the Congress adjourns.” StatesValuesNationsUnitedResultsUnited StatesImpossibleRiskEffectsSeriousCostConsequenceDollarsFinancialCongressIllCreditConclusionDamageSenateContemplatingLegislationDefaultDisruptionLeading MeFinancial Markets Author:Ronald Reagan
“Pessimism like calumny is easy to do, and attracts immediate attention. The gossiper and the writer may find this out soon enough, and a little encouragement from the current mood will procure them successes that bring endless imitators in their trail. On the other hand saying good things about life in general and individuals in particular and making it interesting is a serious task which few can achieve with credit.” MayLittlesEnoughHandsIndividualEasyInterestingAttentionAchieveParticularSeriousTasksEncouragementGood ThingsCurrentsCreditMoodEndlessPessimismTrailsCalumnyImitatorSoon EnoughCalumny Is Book:Sunset and Twilight: From the Diaries of 1947-1958 Source: Sunset and Twilight: From the Diaries of 1947-1958
“When you don't talk down to your audience, then they can grow with you. I give them a lot of credit to be able to hang with me this long, because I've gone through a lot of changes, but they've allowed me to grow, and thus we can tackle some serious subjects and try to just be better human beings, all of us.” GivingTryingHumansLongAbleGrowsHuman BeingsAudienceGoneSubjectsSeriousCreditSerious Subjects Author:Prince
“Consumer spending is now plunging at serious-recession rate ... even if the rescue now in train succeeds in unfreezing credit markets, the real economy has immense downward momentum. In addition to financial rescues, we need major stimulus programs.” IfsNeedsRealEconomySeriousSucceedMajorsProgramTrainRateFinancialCreditSpendingConsumersImmenseRescueMomentumStimulusRecessions Author:Paul Krugman
“It is not so important to be serious as it is to be serious about the important things. The monkey wears an expression of seriousness which would do credit to any college student, but the monkey is serious because he itches.” LifeImportantStudentsCollegeSeriousExpressionImportant ThingsCreditMonkeysSeriousnessCollege Students Author:Robert M. Hutchins
“Government policies try to prevent the emergence of serious unemployment by credit expansion, i.e., inflation. The outcome was rising prices, renewed demands for higher wages and reiterated credit expansion; in short, protracted inflation.” TryingGovernmentPolicySeriousHigherDemandCreditOutcomesRisingExpansionUnemploymentWagesInflationEmergenceGovernment PolicyRising Prices Book:Planning for freedom, and sixteen other essays and addresses Source: Planning for freedom, and sixteen other essays and addresses