“Too many members of Congress are too involved in grabbing what they can for their states or districts without enough emphasis on overall fiscal restraint for the sake of the nation as a whole. We need a new era of fiscal sanity. I am not willing to subject my children and grandchildren to the level of debt that Congress has created.” NeedsChildrenStatesEnoughWholeNationsLevelsSubjectsWillingInvolvedMembersSakeCongressDebtErasMy ChildrenSanityRestraintGrandchildrenEmphasisChildren And GrandchildrenNew EraGrabbing Author:John Ensign
“Particularly when the war power is invoked to do things to the liberties of people, or to their property or economy that only indirectly affect conduct of the war and do not relate to the engagement of the war itself, the constitutional basis should be scrutinized with care. ... I would not be willing to hold that war powers may be indefinitely prolonged merely by keeping legally alive a state of war that had in fact ended. I cannot accept the argument that war powers last as long as the effects and consequences of war for if so they are permanent -- as permanent as the war debts.” PeopleIfsShouldMayLongWarStatesFactsCareLastsLibertyAcceptingPowerEconomyAliveEffectsWillingConsequenceEconomicsArgumentBasesConstitutionPropertyDebtRelatePermanentEngagement Author:Robert H. Jackson
“While the path to wealth is clearly marked, few are willing to adapt themselves to the modest discipline that the journey requires. Instead, most choose the shinier track of debt-driven consumption, which they find further along is covered in vines and thorns.” WealthPathJourneyWillingDisciplineTrackDebtDrivenCoveredConsumptionModestThornsVines Author:Benjamin Franklin
“Are we as willing to go into debt for the work of God as we are for a vacation to Hawaii?” WillingDebtVacationHawaii Book:Failure: The Back Door to Success Source: Failure: The Back Door to Success
“To me, there is no greater threat than our debt. I'm the only fiscal conservative on the stage because I'm willing to hold the line on all spending.” LinesGreaterStageWillingThreatConservativeDebtSpending Author:Rand Paul
“Basically, unless you're willing to write down debts and save the economy, you're going to have deflation and a steady drain in purchasing power - that is, shrinking markets.” WritingEconomyWillingDebtSteadyDrainsShrinkingPurchasingPurchasing PowerDeflation Author:Michael Hudson
“Debts grow and grow. And the more they grow, the more they shrink the economy. When you shrink the economy, you shrink the ability to pay the debts, so it's all an illusion that the system can be saved. The question is, how long are people going to be willing to live in this illusion?” PeopleLongGrowsAbilityPayEconomyWillingIllusionDebtSavedShrinks Author:Michael Hudson
“We're in a classic demand-shortfall recession. There aren't enough jobs because total spending is too low. Consumers won't lead the way because they're busy paying down debt and are fearful they'll lose their jobs, if they haven't already. Businesses, which are currently sitting on mountains of cash, won't spend either, because they already have sufficient capacity to produce more than people are willing to buy.” PeopleIfsWayEnoughJobsLosesHavensProduceWillingDemandMountainLowsSittingCapacityBusyDebtSpendingConsumersClassicSufficientCashFearfulRecessions Author:Robert H. Frank
“If you have debt I'm willing to bet that general clutter is a problem for you too.” IfsProblemWillingDebtHouseholdCleaningClutter Author:Suze Orman