Financial Institutions Quotes

Right, we've got these institutions of media, these financial institutions, we have the means of distribution, we have the means of production, we have all these markets and maxims in place. How do we alter the consciousness, the fundamental unifying field? How do we influence change on that level to all of the world? ~ Russell Brand

The Democrats, because they believe in socialism, redistribution, forced the banks and financial institutions to make the risky loans. ~ Sean Hannity

I really do believe the final act in play is a crisis in our financial institutions, which are doing such dumb, dumb things, ~ Michael Lewis

Concentrating wealth in the hands of the few and deregulating financial institutions and practices lead to speculative bubbles that eventually burst - and that brings the whole country down. ~ Jennifer Granholm

Accountability for the largest financial institutions on Wall Street is the bedrock for a strong economy. Hard-working families and honest businesses cannot survive in a world where the rules don't keep the marketplace honest. ~ Elizabeth Warren

Landowners may contribute their property as equity - always scarce for the beginning developer - but they might also supply debt, via seller financing, at terms unavailable through financial institutions. Even if they do not materially participate, landowners can tie up land while financing and approvals are obtained. In income property, key tenants might also be offered partnerships to induce them to lease space in the project, particularly if the project can be designed around the tenant's specific needs. ~ Richard B. Peiser

There are few colonial nations anymore. Instead, we are colonized by financial institutions beyond our political control. We are colonized with pens and papers and millions of little digital bursts transferring billions of dollars all over the globe in the blink of an eye. ~ Charlie Pierce

As I write in 2012 we certainly do not believe that it is over yet, and the worst may be yet to come. Efforts by governments to solve the underlying problems responsible for the crisis have still not gotten very far, and the 'stress tests' that governments have used to encourage optimism about our financial institutions were of questionable thoroughness. ~ Robert J. Shiller

Accounting rules give financial institutions flexibility about when they choose to recognize venture capital profits. ~ Alex Berenson

Close the weak banks and impose serious capital requirements on the strong ones ... You see, it may sound hard-hearted, but you cannot keep unsound financial institutions operating simply because they provide jobs. ~ Paul Krugman

I believe that the general growth in large [financial] institutions have occurred in the context of an underlying structure of markets in which many of the larger risks are dramatically
I should say, fully
hedged. ~ Alan Greenspan

Look at any financial institution, at any bank. They're all photocopies of each other. There's no diversity of institutions and even less diversity of currency. Therefore, just as you say its very logical that an ecosystem like this will collapse, it's very predictable a monetary system like this will collapse, too. And it hasn't finished collapsing, by the way. ~ Bernard Lietaer

While the changes that are necessary are actually simple, they're painful, and require courage and sacrifice. Living standards will decline in real terms. Citizens will have to save more and consume less. Working lives with lengthen. For many, retirement will be revert to being a luxury. Taxes and charges for government services will rise to match the cost of providing them. There has to be greater emphasis on the real economy - the creation and sale of goods and services. Financial institutions need to return to their actual role of supporting economic activity. ~ Satyajit Das

Given the central role of effective, firmwide risk management in maintaining strong financial institutions, it is clear that supervisors must redouble their efforts to help organizations improve their risk-management practices ... We are also considering the need for additional or revised supervisory guidance regarding various aspects of risk management, including further emphasis on the need for an enterprise-wide perspective when assessing risk. ~ Ben Bernanke

Chinese commentaries stress the opportunity that the investments and aid they offer presents to developing countries to avoid the hazards of reliance on Western dominated financial institutions: austerity programs that call for severe cuts in state-subsidized social welfare, deregulation of state-owned facilities, trade liberalization, and an open door for multinational corporation investment. ~ Melvin Gurtov

The Treasury's plan has little for those outside of the financial industry. It is aimed at rescuing the same financial institutions that created this crisis with the sloppy underwriting and reckless disregard for the risk they were creating, taking or passing on to others. ~ Richard Shelby

No one pushed harder than Congressman Barney Frank to force banks and other financial institutions to reduce their mortgage lending standards, in order to meet government-set goals for more home ownership. Those lower mortgage lending standards are at the heart of the increased riskiness of the mortgage market and of the collapse of Wall Street securities based on those risky mortgages. ~ Thomas Sowell

The beauty of a financial institution is that there are a lot of ways to go to hell in a bucket. You can push credit too far, do a dumb acquisition, leverage yourself excessively - it's not just derivatives [that can bring about your downfall]. ~ Charlie Munger

No. It is not acceptable that the 6 largest financial institutions in this country have assets of almost 10 trillion dollars, and issue half of the mortgages and two-thirds of the credit cards. That is too much wealth and power in the hands of a few. If Teddy Roosevelt were alive today he'd tell us to 'break them up.' And he'd be right. These huge banks must be broken up. ~ Bernie Sanders

Securities based on risky mortgages are what toppled financial institutions but it was the government that made the mortgages risky in the first place, by making home-ownership statistics the holy grail, for which everything else was to be sacrificed, including commonsense standards for making home loans. ~ Thomas Sowell

Obama's primary constituency was financial institutions. They were the core of the funding for his campaign. They expect to be paid back. And they were. They were paid back by coming out richer and more powerful than they were before the crisis that they created. ~ Noam Chomsky

What's more, sharia finance is another tool of Islamic separatism; instead of assimilating into American society, Muslims are demanding, and receiving, parallel financial institutions that reinforce the idea that they are unique, not subject to the laws and norms to which the rest of us are subject-a privileged class. At the same time, sharia finance initiatives are giving Islamic interests increased control over Western economic life. ~ Robert Spencer

Top management as a function and as a structure was first developed by Georg Siemens (1839-1901) in Germany between 1870 and 1880, when he designed and built the Deutsche Bank and made it, within a very few years, into continental Europe's leading and most dynamic financial institution. ~ Peter Drucker

After the dismissal of Hamrouche and until 1999, the state underwent a severe financial crisis and was on the verge of stopping all payments. Loans had to be negotiated with international financial institutions, particularly with the IMF, which required a structural adjustment program. State finances were saved by credits from the IMF and the European Union. Algerian negotiators, who played on the fear of the European states about the Islamist threat, said in effect, "It's either us, with all our defects, or an Islamist republic just one hour's flight from Europe." Alarmed to the point of panic, the West paid up without any conditions on how their credits were to be used. Policy thereafter fluctuated between rhetoric and laxity in letting deficits mount. ~ Ellen Lust

With respect to their safety, derivatives, for the most part, are traded among very sophisticated financial institutions and individuals who have considerable incentive to understand them and to use them properly. ~ Ben Bernanke

Some of these biggest financial institutions are out there trading in commodities. They're buying oil tankers. This is not a financial system that has calmed down and is there to serve the American people. ~ Elizabeth Warren

The Federal Reserve has a responsibility to ensure the safety and soundness of financial institutions and to contain systemic risks in financial markets. ~ Bernie Sanders

Just as the financial crisis has created toxic assets and 'zombie' financial institutions, so has it transformed conservatism into a movement of the living dead. ~ Thomas Frank

poverty is not the result of rapacious financiers exploiting the poor. It has much more to do with the lack of financial institutions, with the absence of banks, not their presence. Only when borrowers have access to efficient credit networks can they escape from the clutches of loan sharks, and only when savers can deposit their money in reliable banks can it be channelled from the idle rich to the industrious poor. ~ Niall Ferguson

North Carolina is home to some of the largest financial institutions in the country, and a vibrant network of community banks. We're a banking state, and we're proud of that distinction. But we also understand that responsible financial regulation protects consumers and businesses. ~ Kay Hagan

I do not understand how it is that financial institutions could think that they could take taxpayer money and then turn around and act like it's business as usual. I don't understand how they can't see that the world has changed in a fundamental way, that it is not business as usual when you take taxpayer dollars. ~ Elizabeth Warren

Deficit reduction is the demand of the financial institutions and the superrich, and in a rapidly declining democracy, that's what counts. ~ Noam Chomsky

Financial institutions make us nervous when they're trying to do well. ~ Charlie Munger

After the risky mortgage-lending practices fostered by government intervention led to massive defaults and foreclosures that caused financial institutions to collapse or be bailed out, Congressman Frank changed his tune completely. ~ Thomas Sowell

Those who perpetrate fraud against our financial institutions will be met with the full force of law enforcement. ~ Loretta Lynch

Apparently modern financial regulators are vastly more sophisticated than we were as financial regulators 25 years ago - because we had never figured out that the key to financial stability was leaving felons in charge of the largest financial institutions in the world. ~ William K. Black

Well, the U.S., of course, is the world's largest economy. It's about a quarter of the world's output. It's also home to many of the largest financial institutions and financial markets. ~ Ben Bernanke

Fannie Mae and Freddie Mac buy mortgages from banks and other lenders, providing those financial institutions with capital to make new loans. ~ Charles Duhigg

I have long believed the city, the country, indeed the world at large to be run by precisely the wrong kind of people. From the government to the great financial institutions, the peerage to the police force, our lives are controlled without exception by the stupid and greedy, the venal, the rapacious and the undeservedly rich. How much more comfortable would it be if the rulers of the world were not the cognoscenti of the bank balance, the ballot box, the offshore account, but were drawn instead from the ranks of the everyday - honest, kind, stout-hearted, commonplace folk. ~ Jonathan Barnes

The most common criticism of the spread was that it detached policy debate from the real world, that nobody used language the way that these debaters did, save perhaps for auctioneers. But even adolescents knew this wasn't true, that corporate persons deployed a version of the spread all the time: for they heard the spoken warnings at the end of the increasingly common television commercials for prescription drugs, when risk information was disclosed at a speed designed to make it difficult to comprehend; they heard the list of rules and caveats read rapid-fire at the end of promotions on the radio; they were at least vaguely familiar with the 'fine print' one received from financial institutions and health-insurance companies; the last thing one was supposed to do with these thousands of words was comprehend them. These types of disclosure were designed to conceal; they exposed you to information that, should you challenge the institution in question, would be treated like a 'dropped argument' in a fast round of debate - you have already conceded the validity of the point by failing to address it when it was presented. It's no excuse that you didn't have the time. Even before the twenty-four hour news cycle, Twitter storms, algorithmic trading, spreadsheets, the DDoS attack, Americans were getting 'spread' in their daily lives; meanwhile, their politicians went on speaking slowly, slowly about values utterly disconnected from their policies. ~ Ben Lerner

Though business conditions may change, corporations and securities may change, and financial institutions and regulations may change, human nature remains the same. Thus the important and difficult part of sound investment, which hinges upon the investor's own temperament and attitude, is not much affected by the passing years. ~ Benjamin Graham

So the misplaced assumption is that we have this whole new institutional element where these [financial] institutions are looking after their own financial interests before the financial interests of the principals, princi-pals whose interests they are really bound to observe first. ~ John C. Bogle

It is critical that the American people, and not just their financial institutions, be represented at the negotiating table. ~ Elizabeth Warren

Free markets are necessary to promote long-term growth, but they are not self-regulating, particularly when it comes to banks and other large financial institutions. ~ Francis Fukuyama

I wanted to build a tool for my generation: people 20 to 40 who don't want to spend time balancing a checkbook or checking multiple financial institutions' websites. Mint does just that, giving comprehensive, quick insights into a user's finances from their computer, mobile phone and/or tablet. ~ Aaron Patzer

Financial institutions are not being bailed out as a favor to them or their stockholders. In fact, stockholders have come out worse off after some bailouts. The real point is to avoid a major contraction of credit that could cause major downturns in output and employment, ruining millions of people, far beyond the financial institutions involved. If it was just a question of the financial institutions themselves, they could be left to sink or swim. But it is not. ~ Thomas Sowell

A lot of ambitious code has been written into the law for those and we will have to see if it actually works, if we have another example of a big financial institution going bankrupt. ~ Robert F. Engle

The world was already a miserable place in the spring of that cursed year. The New Depression was at its height. Stocks fell, jobs were lost, and consumer consumption fell in a corporate death spiral as the aging technoczars were revealed to have feet of clay. Financial institutions underreacted, the government overreacted, and a society living on borrowed time paid for with borrowed dollars failed. Hard times and hunger came to the Western world, which was all the more of a shock because the generation that survived the last financial collapse had virtually died out. ~ E.E. Knight

At a time when our country is waging two wars, approval ratings for Congress are at historic lows, unemployment is at a 70-year high and financial institutions have collapsed around us, I can't imagine anyone seriously opposing a National Day of Prayer. ~ Franklin Graham

We also must pull from our highest ideals of justice and protect against those ills that destabilized our economy - like predatory lending, over-leveraged financial institutions and the unchecked avarice of the past that trumped fairness and common sense. Our platform calls for significant cuts in federal spending. ~ Cory Booker

Maastricht had three significant side-effects. One of them was the unforeseen boost it gave to NATO. Under the restrictive terms of the Treaty it was clear (as the French at least had intended) that the newly liberated countries of eastern Europe could not possibly join the European Union in the immediate future - neither their fragile legal and financial institutions nor their convalescent economies were remotely capable of operating under the strict fiscal and other regulations the Union's members had now imposed upon all present and future signatories.

Instead, it was suggested in the corridors of Brussels that Poland, Hungary and their neighbours might be offered early membership of NATO as a sort of compensation: an interim prize. The symbolic value of extending NATO in this way was obviously considerable, which is why it was immediately welcomed in the new candidate member-states. The practical benefits were less obvious (unlike the damage to relations with Moscow which was real and immediate). But because Washington had reasons of its own for favouring the expansion of the North Atlantic Defense community, a first group of central European nations was duly admitted to NATO a few years later. ~ Tony Judt

To get our economy back on track and keep it functioning properly without the problems of our financial institutions, we need reasonable regulations that will protect Main Street while at the same time allow Wall Street to do what it does best - make money for American investors. ~ Marsha Blackburn

Every morning when I pick up the newspaper and read about an earthquake in Japan or problems in European financial institutions, the first question I ask our staff is 'What is money-market-fund exposure?' ~ Mary Schapiro

For market discipline to constrain risk effectively, financial institutions must be allowed to fail. Under optimal financial regulatory and financial system infrastructures, such a failure would not threaten the overall system. ~ Henry Paulson

The subprime disaster was a result of financial bombs - derivatives - exploding in financial institutions such as AIG and Lehman Brothers, as well as banks and financial institutions throughout the world. ~ Robert Kiyosaki

RE: GSEs like Freddie Mac & Fannie Mae: "creditors will continue to underprice the risk-taking of these financial institutions, overfund them, and fail to provide effective market discipline Facing prices that are too low, systemically important firms will take on too much risk." ~ Gary H. Stern

The American share of the crisis began with grossly improper mortgages provided to wholly unqualified borrowers, all directly caused and encouraged by government distortion of and interference in the market. The government's market deformation and market intervention was in turn the result of two factors: political favouritism and Leftist ideology, on the one hand; and upon the other, corruption: the blatant cooption of such Friends of Angelo as Mr Dodd and of such bien-pensant Lefties as Mr Frank. The stability and efficiency of any market is directly proportional to the amount and trustworthiness of market information. The Yank Congress, for blatantly partisan and ideological reasons, gave out false information to the market, pushing lenders into making bad loans and giving out, with the appropriate winks and nudges, that Fannie (will Americans ever realise how that sounds) and Freddie, imperfectly quangoised, were 'really just as good as the Treasury' and were in any case 'too big to [be let] fail': which, as it happens, was untrue. Similarly, this moronic mantra of 'too big to fail' was chanted desperately and loudly to drown out the warning sounds of various financial institutions on the brink and of the automobile industry. Incomprehensible sums of public money were thrown at these corporations so that they could avoid bankruptcy, and have succeeded only in privatising profit whilst socialising risk. ~ G.M.W. Wemyss

A lot of our respected financial institutions are just casinos in drag. ~ Charlie Munger

Congressman Frank and Senator Dodd wanted the government to push financial institutions to lend to people they would not lend to otherwise, because of the risk of default ... The idea that politicians can assess risks better than people who have spent their whole careers assessing risks should have been so obviously absurd that no one would take it seriously. ~ Thomas Sowell

While women suffer from our relative lack of power in the world and often resent it, certain dimensions of this powerlessness may seem abstract and remote. We know, for example, that we rarely get to make the laws or direct the major financial institutions. But Wall Street and the U.S. Congress seem very far away. The power a woman feels in herself to heal and sustain, on the other hand--"the power of love"--is, once again, concrete and very near: It is like a field of force emanating from within herself, a great river flowing outward from her very person.

Thus, a complex and contradictory female subjectivity is constructed within the relations of caregiving. Here, as elsewhere, women are affirmed in some way and diminished in others, this within the unity of a single act. The woman who provides a man with largely unreciprocated emotional sustenance accords him status and pays him homage; she agrees to the unspoken proposition that his doings are important enough to deserve substantially more attention than her own. But even as the man's supremacy in the relationship is tacitly assumed by both parties to the transaction, the man reveals himself to his caregiver as vulnerable and insecure. And while she may well be ethically and epistemically disempowered by the care she gives, this caregiving affords her a feeling that a mighty power resides within her being.

The situation of those men in the hierarchy of gender who avail themselves of female tenderness ~ Sandra Lee Bartky

The government system we have now is set up just like that of Rome and is changing into a system I call Corpocracism (Babylon, United States). Corpocracism is a word derived from some entities of feudalism, democracy, capitalism, classism, and corporatism to form a government system into a dictatorship and police state. This system is being brought about by a group of people in our own government, corporations, financial institutions and foreign entities. It is an ideology of hypocrisy that is leading to an JerUSAlem (America) that will sale off every aspect of its nations people to be captive to foreign entities such as corporations, governments, lawyers, financial institutions, banks, individuals and groups of individuals. ~ Brian David Mattson

Economic management involves the operation of economic frameworks in real time - for example, in the private sector, the management of complex financial institutions or, in the public sector, the day-to-day supervision of those institutions. ~ Ben Bernanke

In a world of businessmen and financial intermediaries who aggressively seek profit, innovators will always outpace regulators; the authorities cannot prevent changes in the structure of portfolios from occurring. What they can do is keep the asset-equity ratio of banks within bounds by setting equity-absorption ratios for various types of assets. If the authorities constrain banks and are aware of the activities of fringe banks and other financial institutions, they are in a better position to attenuate the disruptive expansionary tendencies of our economy. ~ Hyman Minsky

the Icelandic banks are the only financial institutions in the world that have gone bankrupt with an A rating. ~ Thor Bjorgolfsson

It is impossible to understand the financial health of big financial institutions and their potential impact on the market. They don't even understand it themselves. ~ Paul Singer

People employed in financial institutions are rarely interesting and even more rarely likable. ~ Nassim Nicholas Taleb

Financial institutions like to call what they do trading. Let's be honest. It's not trading; it's betting. ~ Graydon Carter

If you look at the history of large financial institutions, most of them have succeeded because of a deep presence in their home market. ~ Uday Kotak

We will talk to the CIFAS members, financial institutions, about the possibility of closing accounts of people who have no right to be here. If you're going to create a hostile environment for illegal migrants ... access to financial services is part of that. ~ Theresa May

There was a time in the United States when most of our financial institutions were local. Which essentially meant that local communities were able to create their own credit, or their own money, in response to their own needs. We still depended on banks, but it was a much more democratic process. ~ David Korten

Money is a powerful force. don't use it against you. If your self-discipline and financial intelligence are low, money will run over you. It will be smarter than you to take over your life. ~ Robert T. Kiyosaki

Economists have the correct insight that economics is a theory of choice, the key to the story is the variety of options and centralised political control limits the options. The best recipe is adaptive efficiency coping with novel uncertainty in a non-ergodic world, the maintenance of institutions which enable trial & error experiment to occur, and an effective means of eliminating unsuccessful solutions ~ Douglass North

Churches were never meant to be mental hospitals. They were supposed to be military outposts under orders to storm the gates of hell. Every believer is on active duty and called to serve a higher purpose with the rank of their blessings and talents. ~ Shannon L. Alder

When the power, prestige, and financial support of government is placed behind a particular religious belief, the indirect coercive pressure upon religious minorities to conform to the prevailing officially approved religion is plain. ~ Hugo Black

It's not Utopian to believe that we can create a global registry of financial assets so we know who owns what in different countries. ~ Thomas Piketty

My father learned his disinterest under the guise of masculinity. Boys don't cry. There are whole disciplines, institutions, rubrics in our culture which serve as categories of denial.
Science is such a category. The torture and death that Heinrich Himmler found disturbing to witness became acceptable to him when it fell under this rubric. He liked to watch the scientific experiments in the concentration camps ~ Susan Griffin

Our current contempt for poverty stems from information overload--this is the enabler---our over education as privileged people-- perhaps the real culprit--and our secret assurance that we ourselves owe no one anything beyond the exhausting daily round. We will defend our lack of idealism to anyone and be horrifyingly well received in this age. Indeed, many so called financial "philosophies" are in fact nothing more than elaborate justification for one petty selfishness after the next. ~ John Thomas Allen

Culture, what you believe, what you value, how you live matters. Now, as fundamental as these principles are, they may become topics of democratic debates from time to time, so it is today with the enduring institution of marriage. Marriage is a relationship between a man and a woman. ~ Mitt Romney

It is imperative that we make consumers more aware of the long-term effects of their financial decisions, particularly in managing their credit card debt, so that they can avoid financial pitfalls that may lead to bankruptcy. ~ Daniel Akaka

To my mind, there is a solution which has to do with democracy, because democratic governments are subject to the will of the people. So, if the people will it, you can actually create international institutions through the democratic states. ~ George Soros

Danny should have been elated: Everything they had thought might happen was now happening. He wasn't elated, however; he was anxious. At 10:30, an hour into trading, every financial stock went into a free fall, whether it deserved to or not. "All this information goes through me," he said. "I'm supposed to know how to transmit information. Prices were moving so quickly I couldn't get a fix. It felt like a black hole. The abyss." It ~ Michael Lewis

Reliable numbers about the amount of dirty money around the world are difficult to come by. But according to an estimate by the nonprofit Global Financial Integrity group, $1 trillion vanishes from the developing world's economies every year. ~ Sri Mulyani Indrawati

Modern wars as a rule have been caused by the commercial and financial rivalry and intrigues of the capitalist interests in the different countries. Whether they have been frankly waged as wars of aggression or have been hypocritically represented as wars of "defense," they have always been made by the [ruling] classes and fought by The Masses. Wars bring wealth and power to the ruling classes, and suffering, death, and demoralization to the workers. ~ John Nichols

There is a lesson there about greed and it is a lesson I am willing to learn as well. Has it made me a distrustful person? I don't think so. But we probably look a bit more carefully at our financial situation now. ~ Kevin Bacon

Posture and Social Status...
During the 18th century in European and American society, aspects including station in life, status and dress could easily identify those of financial means. In fact, the garments of this era would hold the wearer in a position that would support and require proper posture. Women, and sometimes men, wore stays in order to shape the torso. Among the more privileged, even children wore stays since people believed these improved their posture and enhanced straight spinal growth. Certain movements were constrained by the cut and design of many garments, including details of the sleeve and back that would hold the person in proper posture. ~ Cindy Ann Peterson

Sometimes a child will get lucky and be placed with foster parents who are loving and supportive and who consider that child their own. But for many, that doesn't happen. Kids are moved around from home to home, to group home and institutions, until they are 18, when they are considered adults and the system is finished with them. ~ Rhea Perlman

Financial security is a constant in my life. I allow my income to constantly expand, no matter what the newspapers and economists say. I move beyond my present income, and I go beyond the economic forecasts. I do not listen to people out there telling me how far I can go or what I can do. ~ Louise Hay

Fear is a subject that I have become increasingly aware of - the result of a period that I call post-divorce. Admittedly aware of the general concerns about "falling" too, I am more concerned about the burdens of a non-custodial - the dilemma of parental alienation with absolute liability for financial support. If any 'positive' aspect could be extracted from the non-custodial lifestyle, it is the accelerated-track toward financial distress and familial disparity. What may have occurred in the 1930s in a mass economic-downward spiral of society has similarity to the consequences of the divorce - as I see it. ~ H. Kirk Rainer

Work can provide the opportunity for spiritual and personal, as well as financial, growth. If it doesn't, we're wasting far too much of our lives on it. ~ James Autry

Chronic illness is hard. Pain is hard. Isolation is hard. The financial cost is hard. Grieving is hard and necessary and sometimes takes far longer than we every imagined. ~ Cindee Snider Re

I had gone into the hospital with the stupid notion that its primary object was the care and comfort of the sick and wounded. It was long after that I learned that a vast majority of all benevolent institutions are gotten up to gratify the aesthetic tastes of the public; exhibit the wealth and generosity of the founders, and furnish places for officers. The beneficiaries of the institutions are simply an apology for their existence, and having furnished that apology, the less said about them the better. ~ Jane Swisshelm

It is incumbent upon each of us to improve spending and savings practices to ensure our own individual financial security and preserve the collective economic well-being of our great society. ~ Ron Lewis

There is a basic lesson on financial crises that governments tend to wait too long, underestimate the risks, want to do too little. And it ultimately gets away from them, and they end up spending more money, causing much more damage to the economy. ~ Timothy Geithner

Dubai was brilliant, they looked around the world. They saw Hong Kong, Singapore, New York, Chicago, Sydney, London all ran British common law. British common law is much better for commerce than is French common law or sharia law. So they took 110 acres of Dubai soil, put British common law with a British judge in charge, and they went from an empty piece of soil to the 16th most powerful financial center in [the] world in eight years. ~ Michael Strong

I support immediate financial assistance to the newly elected Palestinian president. Now, I don't know what those numbers will be, and I don't know how it's going to be framed. ~ Joe Biden

I had a really happy childhood - my siblings were great, my mother was very fanciful, and I loved to read. But there was always financial strife. ~ Patti Smith

To make ourselves invisible to creditors or to the envious, and even to our own worries, we can take advantage here on earth of a great democratic institution-in fact, democracy's only success-the night. ~ Jean Giraudoux

A great many young men try to justify themselves and check inward protests by the perpetual self-suggestion that it is better to keep on, for the present, in questionable occupations, because the great financial reward will put them in position to do better later. This is a sort of sedative to the conscience to keep it quiet until they can afford to listen to it. ~ Orison Swett Marden

[I]n addition to being a Spirit person, healer, and wisdom teacher, Jesus was a social prophet. There was passion in his language. Many of his sayings (as well as actions) challenged the domination system of his day. They take on pointed meaning when we see them in the context of social criticism of a peasant society. His criticisms of the wealthy were an indictment of the social class at the top of the domination system. His prophetic threats against Jerusalem and the temple were not because they were the center of an "old religion" (Judaism) soon to be replaced by a new religion (Christianity) but because they were the center of the domination system. His criticism of lawyers, scribes, and Pharisees was not because they were unvirtuous individuals but because commitment to the elites led them to see the social order through elite lenses.

Jesus rejected the sharp social boundaries of the established social order and challenged the institutions that legitimated it. In his teaching, he subverted distinctions between righteous and sinner, rich and poor, men and women, Pharisee and outcasts. In his healings and behavior, he crossed social boundaries of purity, gender, and class. In his meal practice, central to what he was about, he embodied a boundary-subverting inclusiveness.

In his itinerancy he rejected the notion of a brokered kingdom of God and enacted the immediacy of access to God apart from institutional mediation. His prophetic act against the mon ~ Marcus J. Borg

The disappearance of an audience that had supported experimentation and made such works financial, as well as critical, successes. The decline of liberal-arts teaching in schools and colleges meant that the new audience was less cultured and intellectually oriented; wedded to television and movies, it wanted to be entertained rather than challenged. ~ Meryle Secrest