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Theory Quotes

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Theory Quotes

“The fact that previous generations have handed down to us a substantial public heritage by way of roads, port, etc. almost completely free of debt, seems to me to impose some limitation on the validity of the theory that by borrowing we should, or could, pass on the burden of development to the next generation.”

“This is not a matter of subjective theory, but of plain, historical fact. If there had never been a nation of Israel, there would have been no patriarchs, no prophets, no apostles, no Bible and no Saviour. In John 4:22, Jesus Himself summed all this up in one simple statement: "Salvation is from the Jews." Christians from all other racial backgrounds owe to the Jewish people a spiritual debt which can never be calculated.”

“The United State has a net worth against which our debt is a joke ... we wrote in 2008 the United States is going to come out of this recession fast. The Europeans are going to fragment. The Chinese are going to be cremated. Why could we come out of it? Why has all economic theory been proven wrong? Because we're rich and we could afford it.”

“This is a derivative, if you will, of Cloward-Piven [theory]. "[Stephen] Lerner's plan is to organize a mass, coordinated 'strike' on mortgage, student loan, and local government debt payments - thus bringing the banks to the edge of insolvency and forcing them to renegotiate the terms of the loans.”