Debt Quotes

I think every one who has some vague belief in God, until he becomes a Christian, has the idea of an exam, or of a bargain in his mind. The first result of real Christianity is to blow that idea into bits. When they find it blown into bits, some people think this means that Christianity is a failure and give up. They seem to imagine that God is very simple-minded! In fact, of course, He knows all about this. One of the very things Christianity was designed to do was to blow this idea to bits. God has been waiting for the moment at which you discover that there is no question of earning a pass mark in this exam, or putting Him in your debt.

Then comes another discovery. Every faculty you have, your power of thinking or of moving your limbs from moment to moment, is given you by God. If you devoted every moment of your whole life exclusively to His service you could not give Him anything that was not in a sense His own already. So that when we talk of a man doing anything for God or giving anything to God, I will tell you what it is really like.

It is like a small child going to its father and saying, "Daddy, give me sixpence to buy you a birthday present." Of course, the father does, and he is pleased with the child's present. It is all very nice and proper, but only an idiot would think that the father is sixpence to the good on the transaction. When a man has made these two discoveries God can really get to work. It is after this that real life begins. ~ C.S. Lewis

Many students graduate from college and professional schools, including those of social work, nursing, medicine, teaching and law, with crushing debt burdens. ~ Jon Porter

There is no doubt that the countries that now have a very large debt have not introduced the kind of structural reforms that Germany did and are therefore at a disadvantage. But the problem is that this disadvantage is becoming even more pronounced through the punitive policies in place. ~ George Soros

If you must know, my parents came from pretty hardscrabble backgrounds in the southern Midwest. I certainly didn't grow up poor, but I did spend my 20s and early 30s juggling temp jobs and choking on massive student-loan debt. ~ Meghan Daum

Too many Americans are out of work, and our debt is out of control. ~ Susana Martinez

Greece will not manage to get back on its feet without restructuring its debt. There is no way around it. The country's creditors will have to reduce a portion of its debts by extending maturity dates, lowering interest rates or giving them what's called a 'haircut' in financial jargon. ~ Peer Steinbruck

I owe a debt to you," his low voice hissed at Shion's ear. "Four years ago, you saved my life. I'm paying back that debt. That's all."

"Then you've paid enough. Too much, even." Shion gripped Nezumi's wrist to pry it away from his collar. But Nezumi's taut muscles showed no signs of relaxing.

"Let go."

"Make me, little boy."

"I'll bite your nose off." Shion clicked his teeth. There was a split second of hesitation. Shion didn't miss it. He slid a hand around the back of Nezumi's neck. "Biting noses off is my specialty."

"Huh? Wait a second, that's dirty―"

"I forgot to mention, over these past four years, I've also learned how to fight. ~ Atsuko Asano

The statement, "The debt problem has become so extreme that we have no choice but to cut social spending" is presented as an objective assessment of our situation. But can you imagine a media commentator making the following assertion? "The debt problem has become so extreme that we have no choice but to raise taxes on the rich." ~ Linda McQuaig

Ernie's past friendship. Your debt is to the living. ~ Jack Schaefer

Above all you must study hard. Very few in Pakistan have the
opportunity you now have and you must take advantage of it. Never forget that
the money it is costing to send you comes from the land, from the people who
sweat and toil on those lands. You will owe a debt to them, a debt you can repay
with God's blessing by using your education to better their lives. ~ Benazir Bhutto

A father is someone who can't get on the phone, in the bathroom or out of debt. ~ John Walter Bratton

Marriage, like death, is a debt we owe to nature. ~ Julia Ward Howe

Take free money. No matter how in debt you are, if your employer offers a matching contribution on a 401(k) or other retirement vehicle, you must sign up and contribute enough to get the maximum company match each year. Think of it as a bonus. ~ Suze Orman

Raising the debt ceiling is not additional spending. It is simply saying, you, the United States of America, can continue to borrow the money you need to pay the bills you have already rung up. ~ Jay Carney

We have a debt the size of our economy, which makes us look a lot like Greece. ~ Mitch McConnell

The president says we need to raise the debt ceiling because America pays its bills. No if we paid our bills we wouldn't have all this debt. The reason we have to raise the debt ceiling is because we can't pay our bills and we have to borrow money because we don't have any money to pay our bills. ~ Peter Schiff

The provisions for the poor which structure both land ownership and the sacred calendar in ancient Israel, the rights of gleaners and of those widows, orphans, and strangers who pass through the fields, and the cycles of freedom from debt and restoration of alienated persons and property, all work against the emergence of the poor as a class, as people marked by deprivation and hopelessness. ~ Marilynne Robinson

…The heavens could not bear my debt
And wrote me as a madman in my fate.
But lovers bled their hearts
And on the face of the Beloved
Did a beauty spot create.

The fire that burns
In the flame of the lamp
Is not the fire;
It burns in the essence of
The moth and consumes him entire… ~ Hafiz Shirazi

LIFE Leadership: Live the life you've always wanted by losing the debt you've never needed. ~ Orrin Woodward

The way Americans tend to buy things: A person who has $20 will buy something for $40 if it's marked down from $100. ~ Clifford Cohen

From predator-prey models (the so-called Lotka-Volterra type of population dynamics), I knew that populations will experience Extremistan-style variability, hence predators will necessarily go through periods of feast and famine. That's us, humans-we had to have been designed to experience extreme hunger and extreme abundance. So our food intake had to have been fractal. Not a single one of those promoting the "three meals a day," "eat in moderation" idea has tested it empirically to see whether it is healthier than intermittent fasts followed by large feasts.

But Near Eastern religions (Judaism, Islam, and Orthodox Christianity) knew it, of course-just as they knew the need for debt avoidance-and so they had fast days. ~ Nassim Nicholas Taleb

Courtesy is one's own affair, but decency is a debt to life ~ Rex Stout

Never go into debt to become a writer. Always find other ways to support yourself so you can do the work you truly love for the right reasons. Never ask your art to support you. If you ask your art to support you it will either end up comprised or you'll be disappointed with it. It's a lot to ask of creativity for it to provide for you financially. Find a scrappy way to get by and then do the work you love for the reasons you love. ~ Elizabeth Gilbert

Debt, grinding debt, whose iron face the widow, the orphan, and the sons of genius fear and hate;
debt, which consumes so much time, which so cripples and disheartens a great spirit with cares that seem so base, is a preceptor whose lessons cannot be forgone, and is needed most by those who suffer from it most. ~ Ralph Waldo Emerson

It doesn't worry me a bit that China and Japan hold so much US debt. In a way, it seems foolish for them to do it because they get lower returns than they might elsewhere. But that is their business. ~ Milton Friedman

Where is the man to be found who wishes to remain indebted for the defense of his own person and property to the exertions, the bravery, and the blood of others, without making one generous effort to repay the debt of honor and gratitude? ~ George Washington

In the middle of my depression, somebody told me about a self-help
group for people who wanted to persue personal visions, and I thought
that might be just the thing for me, since I no longer had any. So I
went to this Goals Meeting. It was in an Episcopal church in the leafy
suburbs, and when I walked inside, a nice lady was explaing that her
Goal was to get out of debt and buy a pony for her little daughter.
Then this other fellow got up to share. He was a white boy in a
dashiki. He said, "My name is Ira and I have a Goal. Right now I'm
unemployed and in debt and I'm living with my parents, who don't
understand me at all. But my faith in this program is so huge that I
know that one year from today I'm going to be traveling across the
United States with my Spirit Guide. My Spirit Guide is going to be a
while malamute dog named Isis. I mean, I know this as clearly as I've
known anything in my life. My Goal is for Isis to guide me to the
homes of my favorite self-help authoers. Isis is going to take me to
meet John Bradshaw and Louise Hay and M. Scott Peck, and I'm going to
get them to mentor me!" He kind of bellowed this. And I wasn't sure
whether Ira was exactly what John Bradshaw and Louise Hay and M. Scott
Peck deserved or whether I hoped they kept shotguns in their homes. I
was honestly torn. ~ Peter Trachtenberg

While his comrades got stuck in, Richie knelt beside Davey and turned him over. His cousin's cheeks had a blueish tinge to them, his eyes were closed. Richie pressed his ear against Davey's chest.
The heartbeat was strong enough. Alive, thank God. Unconsious, but alive. Richie took out his water bottle and upended it over Davey's face.
"Your debt is paid, cousin of mine," he said as a faint moan sounded in the other's throat. "Now let us be friends again. ~ David Pilling

No one should go into debt if a family member gets sick or injured. ~ Charles B. Rangel

'Harry Potter' created a generation of readers in an era when kids could have disappeared into the depths of the Internet. That's no small feat. Every book series owes J.K. Rowling a debt of gratitude. ~ Gary Ross

Historically, the responsibility for voting on the debt limit has gone to the party in the majority. ~ Jacob Lew

Justice can seem to be so very demanding. But we must learn that when we put everything as right as we can put it right, it is Justice who invokes the Atonement, orders the adversary off our property, and posts the notice that his agents will make no more collections from us. Our debt will have been paid in full by the only perfect pure person who ever lived. ~ Boyd K. Packer

Can the law get blood out of a stone? I haven't any money. ~ W. Somerset Maugham

My love of storytelling comes from oral tradition, the stories from my grandmother and conversations with [my] mother. The world is full of discussions of condensation, drifts, misunderstanding, repetition. These are the materials I work with. My debt is to these women. ~ Lucrecia Martel

I have been told, that in some public discourses of mine my reverence for the intellect has made me unjustly cold to the personalrelations. But now I almost shrink at the remembrance of such disparaging words. For persons are love's world, and the coldest philosopher cannot recount the debt of the young soul wandering here in nature to the power of love, without being tempted to unsay, as treasonable to nature, aught derogatory to the social instincts. ~ Ralph Waldo Emerson

The more comprehensive and convincing a debt reduction program is, the less likely it is to fail. And remember, just as Germany is grateful to America for the Marshall Plan, Italy would be grateful to Germany for helping it lower its refinancing costs. ~ George Soros

...I owed her a debt of gratitude. More than gratitude, much more.
I could finally see what had always been there. She had been more than an attendant, more than a friend, more than a sister. She had been a mother to me. She had worried, sought to protect me from danger, guided me toward the best. She had looked out for my future, assessed the worthiness of everyone to be in my life. And in that way, she had taken me as her purpose in life, the one who gave her meaning. I had a constant love all along. And in recognizing that, I felt moved to tears.
"How could you step out of my life?" I told her. "if you do don't join me, I will be lost. No one would worry about me as much as you. No one knows me better, knows my past and what this new life means. I should have told you a long time ago." I became teary-eyed. She kept her lips sealed, but her jaw was trembling. "You are the only loyal person in my life, the only one I can trust."
Tears fell from her eyes. "Now you know. I was always the only one."
"We love each other," I said with a light laugh. "In spite of all the trouble I've given you, you stayed with me. So it must be that you loved me like a mother. ~ Amy Tan

He did not smile at his employees, he did not take them out for drinks, he never inquired about their families, their love lives or their church attendance. He responded only to the essence of a man: to his creative capacity. In this office one had to be competent. There were no alternatives, no mitigating considerations. But if a man worked well, he needed nothing else to win his employer's benevolence: it was granted, not as a gift, but as a debt. It was granted, not as affection, but as recognition. It bred an immense feeling of self-respect within every man in that office. ~ Ayn Rand

If you commit to giving more time than you have to spend, you will constantly be running from time debt collectors. ~ Elizabeth Grace Saunders

It's often the case that teams working in agile processes do not actually go back to improve the user interface of the software. But, as the saying goes, "it's not iterative if you only do it once." Teams need to make a commitment to continuous improvement, and that means not simply refactoring code and addressing technical debt but also reworking and improving user interfaces. Teams must embrace the concept of UX debt and make a commitment to continuous improvement of the user experience. ~ Jeff Gothelf

Our balanced budget has an important psychological function. It is a signal that we can't continue to constantly take on debt. ~ Wolfgang Schauble

Every issue that we deal with in this country has a moral component to it. And so, to divorce a moral component to the debt burden we're leaving the next generation, the tax structure to how we spend our money in Washington, and how we - you know, how we value human life - I mean, all of those things, to me interrelate. They're not - they're not separate issues. ~ Rick Santorum

You are in debt to your life from the day you were born. And the one and the only mode to pay off this debt is to realize the reason for your birth. ~ Saurabh Dudeja

You owe light to your window! ~ Mehmet Murat Ildan

The debt and the deficit is just getting out of control, and the administration is still pumping through billions upon trillions of new spending. That does not grow the economy. ~ Paul Ryan

Perhaps what I am about to say will appear strange to you gentlemen, socialists, progressives, humanitarians as you are, but I never worry about my neighbor, I never try to protect society which does not protect me
indeed, I might add, which generally takes no heed of me except to do me harm
and, since I hold them low in my esteem and remain neutral towards them, I believe that society and my neighbor are in my debt. ~ Alexandre Dumas

The folks I read as a kid really set me up. I owe a huge debt to Ray Bradbury and Madeleine L'Engle. ~ Karen Russell

Hey, and the rock star is here too! How you doing, son?"
"Hey, Mr. Rossi. Thanks for having me today. I'm doing great. How have you been?" I answered.
He lowered his gaze and stepped closer to me. "Good, good, son. I'm sure glad that everything was settled and you didn't have anything to do with hurting our Gracie. Lea told me that you were the one to help her when that son of a bitch got his hands on her. We're forever in your debt, Shane. I knew you couldn't have hurt her." He slid in front of the dining room chair at the head of the table, and sat down, leaning back with his arms folded across his chest. A serious expression crossed his features, "So did anybody get the son of a bitch, yet? Or am I going to have to make some calls ... " Holy shit, it's like the Godfather. ~ Christine Zolendz

At some point, the world is going to have to bite the bullet and accept a huge downsizing in its way of life to bring the assets-to-debt ratio back in touch with reality. ~ John L. Casti

Our ministry is debt free and we have not had to beg or plead for finances. ~ David Wilkerson

Gold has intrinsic value. The problem with the dollar is it has no intrinsic value. And if the Federal Reserve is going to spend trillions of them to buy up all these bad mortgages and all other kinds of bad debt, the dollar is going to lose all of its value. Gold will store its value, and you'll always be able to buy more food with your gold. ~ Peter Schiff

The nation should have a tax system that looks like someone designed it on purpose. ~ William E. Simon

Our national debt after all is an internal debt owed not only by the Nation but to the Nation. If our children have to pay interest on it they will pay that interest to themselves. A reasonable internal debt will not impoverish our children or put the Nation into bankruptcy. ~ Franklin D. Roosevelt

G.E. doesn't pay any taxes, and we are asking college kids to take on even more debt to get an education and asking seniors to get by on less. These aren't just economic questions. These are moral questions. ~ Elizabeth Warren

The capitalist system is about taking from the Earth and from the other great commodity, labour. What's happening with this system is that the rich are getting richer and the poor are getting poorer, and the only way out of it is supposed to be growth. But growth is debt. It's going to make the situation worse. ~ Vivienne Westwood

We shall all consider ourselves unauthorized to saddle posterity with our debts, and morally bound to pay them ourselves; and consequently within what may be deemed the period of a generation, or the life of the majority. ~ Thomas Jefferson

To win elections, politicians have promised practically endless government spending and covered up the cost, leaving generations of taxpayers obligated to pay off the debt. That's wrong, but neither the U.S. nor Europe has a plan to stop it. ~ David Malpass

The primary factor that enables our government to peddle economic snake oil is the dollar's unique role as the world's reserve currency, and our creditors' willingness to preserve its status. By buying up dollars and loaning them back to us through Treasury debt, productive countries give American politicians cart blanche to play Santa Claus. ~ Peter Schiff

Wars in old times were made to get slaves. The modern implement of imposing slavery is debt. ~ Ezra Pound

1. Investors give fund managers money at the wrong time. Now that you've had some time to read this book and understand the importance of buying stocks during fear cycles and holding during greed cycles, this first indicator should make sense. To understand this principle, imagine that you're the fund manager of a $100 billion investment fund. When the stock market crashes and you're able to purchase severely undervalued businesses with minimal debt, not only do you lack funds to invest, but all your resources are being depleted by scared investors. Instead of receiving money to buy the great deals, your investors are selling their shares in the fund and you don't have the capacity to take advantage of the market behavior. This reason alone severely handicaps fund managers as they attempt to beat the market. ~ Preston G. Pysh

The need for comprehensive reform must not blind us to the urgency of addressing the massive debt that's already crushing our young people. ~ Elizabeth Warren

No man deserves a woman like that. He mortgages his very soul to win her and spends his life paying off the debt. ~ Tessa Dare

We have then, in the first part of The Faerie Queene, four of the seven deadly sins depicted in the more important passages of the four several books; those sins being much more elaborately and powerfully represented than the virtues, which are opposed to them, and which are personified in the titular heroes of the respective books. The alteration which made these personified virtues the centre each of a book was probably part of the reconstruction on the basis of Aristotle Ethics.
The nature of the debt to Aristotle suggests that Spenser did not borrow directly from the Greek, but by way of modern translations. ~ Janet Spens

A man cannot take on new burdens of debt at every turn or he will buckle beneath the weight and be unable to move. ~ Mark Lawrence

Both on an individual and a national scale, debt imprisons. ~ Tom Hodgkinson

I had forgotten how awful it was to be a woman alone
the leering glances, the catcalls, the offers of help which you dared not accept for fear of incurring a sexual debt. The awful sense of vulnerability. No wonder I had gone from man to man and always wound up married. How could I have left Bennett? How could I have forgotten? ~ Erica Jong

When you hear the phrase "rescue the financial system," translate it in your mind into "keep the debts on the books." They are trying to find a way for you (and debtor nations too) to keep paying and for the debt to keep growing. ~ Charles Eisenstein

The Mexican debt crisis, Latin American debt crisis, the crises of the 1990s, the Wall Street stock market crash, and other events should have reminded us, and did remind us, that financial instability remains a concern, remains a problem. ~ Ben Bernanke

Mangrove destruction is not only an ecological threat to a valuable ecosystem but also a social threat for [the poor]. External debt pressure on exporting countries, neo-liberal doctrines and ecological blindness of northern importing consumers, together with a flagrant lack of local governmental action to protect the environment in most shrimp-producer countries, are the main driving forces of mangrove destruction. ~ Joan Martinez-Alier

Roberto is a man, and they always said it and I never believed it, but it's true - a man is forgiven. The girl is always at fault. Forever married. People say, 'Roberto did the right thing.' But that's not what they say about me. I'll never be able to make this right. Never. But Roberto already has. He married me, so his debt is cleared. ~ Adriana Trigiani

The more debt we owe, the wealthier we are. ~ Pete Stark

No one can obtain felicity by pursuit. This explains why one of the elements of being happy is the feeling that a debt of gratitude is owed, a debt impossible to pay. Now, we do not owe gratitude to ourselves. To be conscious of gratitude is to acknowledge a gift. ~ Josef Pieper

Counting obligations under Medicare and Social Security, the real debt of the United States is more than 10 times the reported national debt. ~ Addison Wiggin

About two-thirds of bachelor's degree holders borrow to go to school, and on average they're graduating with more than $26,000 in debt. ~ Arne Duncan

The United States has already passed on as the world's economic leader. Having flouted Thomas Jefferson for too long, America has succumbed to public debt, the 'fore horse for oppression and despotism,' after which 'taxation will follow, and in its train wretchedness and oppression. ~ Ilana Mercer

Civilizations rise and fall on confidence. America had figured out a way to borrow money to manufacture it. ~ Ron Suskind

The American people will not tolerate a clean increase in the debt limit. ~ John Boehner

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 to now is welfare. ~ Newt Gingrich

It is a terrible situation when the Government, to insure the National Wealth, must go in debt and submit to ruinous interest charges, at the hands of men, who control the fictitious value of gold. Interest is the invention of Satan. ~ Thomas A. Edison

A hundredload of worry will not pay an ounce of debt. ~ George Herbert

Rather than fight the same tired battles that have dominated Washington for decades, it's time to try something new. Let's invest in our people without leaving them a mountain of debt. Let's meet our responsibility to the citizens who sent us here. Let's try common sense. ~ Barack Obama

We want our children to live in an America that isn't burdened by debt, that isn't weakened by inequality, that isn't threatened by the destructive power of a warming planet. ~ Barack Obama

We are watching the beginnings of the defiant self-assertion of a new generation of Americans, a generation who are looking forward to finishing their education with no jobs, no future, but still saddled with enormous and unforgivable debt. ~ David Graeber

This would be a much better world if more married couples were as deeply in love as they are in debt. ~ Earl Wilson

When I treat other people with kindness and love, it is part of my way of paying my debt to God and the world for the privilege of living on this planet. ~ Ben Carson

I made an impulse buy of a house in Maine to make my wife happy and now have gone back into debt and it's all started over for me. ~ John Hodgman

For the man in the street, the philosophies of opposites, particularly Good and Evil, have served as a torture chamber, a crucifix made from metaphor. Thrust into a world which views him as the property of Gods and States and overwhelmed by an unrepayable debt, the metaphysics of slavery and the facts of pain, pleasure and death; bolstered by science, whose theorists have become the whores of the state, man is now informed that he is ill. The proof of this is his refusal to submit completely. The world debt is due to his saying 'no' to total slavery. He will not obey. We are at War, and man is the enemy. The question is: Who is on the other side? ~ Christopher S. Hyatt

[I]f you look at United States history since World War II, you find that of the 10 presidents who preceded Barack Obama, seven left office with a debt ratio lower than when they came in. Who were the three exceptions? Ronald Reagan and the two George Bushes. ~ Paul Krugman

The Lord forbid that I should be out of debt, as if indeed I could not be trusted. ~ Francois Rabelais

How do you know me?" I ask.
Now, it's his turn to look down at the floor. Now, it's his turn to hesitate.
"You have to tell me or I won't even entertain this offer,"

"You owe me a debt, Olive," he says, slowly. "I don't have to explain anything to you beyond stating the terms of how you can replay it. ~ Charlotte Byrd

Do Libertarians care about the poor? Well, we're not ladening them down with debt, we're not sending them off to God damned wars, we're not creating a permanent underclass, we're not trapping them in shitty schools where they graduate unable to read, WE DO CARE ABOUT THE POOR, and that's why we want the State out of their way!! ~ Stefan Molyneux

I was thinking about the universe wanting to be noticed, and how I had to notice it as best I could. I felt that I owed a debt to the universe that only my attention could repay, and also that I owed a debt to everybody who didn't get to be a person anymore and everyone who hadn't gotten to be a person yet (Page 294). ~ John Green

In 2010, I proposed that Congress take its first pay cut in 77 years, and my effort had bipartisan support. And as part of leading by example, I returned 5 percent of my paycheck every month to pay down the debt. ~ Ann Kirkpatrick

My uncle Buddy MacMaster is one of the greatest fiddlers Cape Breton has ever produced, and we've produced a lot of them! His fellow fiddlers owe him a huge debt, for he has greatly influenced and inspired all of us. He makes you want to dance; he can bring tears to your eyes. Anyone who likes Cape Breton fiddle - no, anyone who likes fiddling - needs to own this album ~ Natalie MacMaster

The truth, Prime Minister, is that you have run out of our money. The country as a whole is now in negative equity. Every British child is born owing around 20,000 pounds. Servicing the interest on that debt is going to cost more than educating the child. ~ Daniel Hannan

Blessed are the young, for they shall inherit the national debt. ~ Herbert Hoover

I have younger friends who are in this pinch where they feel they've been counted out before they've had a chance to prove themselves. They've inherited a lot of debt - not just student debt but environmental debt, political debt. They really feel squeezed. ~ G. Willow Wilson

[Debt] It has driven thousands to drink, and the worry and anxiety it has created have literally taken the lives of many of our ablest men. It has prostrated individuals, enterprises and nations ... ~ Stephen L. Richards

I have no misgivings about, or lack of confidence in the cause in which I am engaged, and my courage does not falter. I know how strongly American civilization now leans on the triumph of the government, and how great a debt we owe to those who went before us through the blood and sufferings of the Revolution. ~ Sullivan Ballou

The most serious problems lie in the financial sphere, where the economy's debt overhead has grown more rapidly than the 'real' economy's ability to carry this debt ... The essence of the global financial bubble is that savings are diverted to inflate the stock market, bond market and real estate prices rather than to build new factories and employ more labor. ~ Michael Hudson