Mortgage Crisis Quotes

Everywhere the crisis of the private financial system has been transformed into a tale of slovenly and overweening government that perpetuates and is perpetuated by a dependent and demanding population ... For about ten days the crisis was interpreted as a consequence of the ineptitude of the highly paid, and then it transmogrified into a grudge against the populace at large. ~ Marilynne Robinson

If you followed this economic crisis and you do not think that the world is getting flatter, you are not paying attention. We saw the entire global economy at one time acting totally in sync. The real truth is the world is even flatter than I thought. Our mortgage crisis is killing Deutsche Bank. You still don't think the world is flat? ~ Thomas Friedman

The mortgage crisis is a clear instance of consumers who needed protection. There was predatory lending to people who didn't know what they were doing. ~ Nassim Nicholas Taleb

This completed the curious reversal in roles that occurred in the early 1980s, when thrifts became traders and traders thrifts. ~ Michael Lewis

I love business. I love helping urban communities grow. I love putting people to work of color. I love making sure.. like right now the whole mortgage crisis, I want to help people get back into their homes. ~ Magic Johnson

The idea, in the wake of the savings-and-loans disaster, was to spread risk outward from those immediately involved in lending to mortgage borrowers and to attract investors by turning mortgages into securities that offered a wide range of yield-risk profiles. And it worked. In 1980, 67 percent of American mortgages had been held directly on the balance sheets of depository banks. By the end of the 1990s, the risks involved in America's system of long-term, fixed interest, easy repayment mortgages were securitized and spread across a much wider segment of the financial system ~ Adam Tooze

Liberty is the act of making the Government Fear
what you KNOW! ~ Faith Brashear

A competent and self-confident person is incapable of jealousy in anything. Jealousy is invariably a symptom of neurotic insecurity. ~ Robert A. Heinlein

Housing without people, and people without housing. ~ Milad Hanna

If you're setting a game during the Cuban Missile Crisis, look through a library. find out what people were wearing, what other issues were in the news, how houses were furnished, what cars were being driven. Especially include things which now seem foreign. ~ Graham Nelson

Your offspring are primarily PEOPLE. Secondarily, they are your children. But primarily: they are persons. The most exciting aspect of being a parent, is not the fact that you can dictate another person's life; rather, it is the fact that another person has been brought into your life for you to get to know more each day and for them to get to know you more also. The revelation of souls, the unveiling of souls, the becoming of souls: THAT is what parenting is truly, truly about. Parenting is the process of metamorphosizing alongside someone you have brought into this world. It is the relationship of life that speaks of the utmost respect; a respect that goes both ways, not just one way. Until everyone realises this, we cannot solve the current crisis that is parenting. Because, yes, there IS a crisis, and no, nobody is talking about it. ~ C. JoyBell C.

Turn your midlife crisis to your own advantage by making it a time for renewal of your body and mind, rather than stand by helplessly and watch them decline. ~ Jane Brody

Remember, action today can prevent a crisis tomorrow. ~ Steve Shallenberger

I feel as if I'm going through a mid-life crisis. I don't feel very attractive and it's like I'm frigid or something. I'm aging and it makes me very sad. ~ Kola Boof

It is impossible to exaggerate how unprepared the medical community in West Africa was for this crisis. Prior to the Ebola outbreak Liberia had approximately fifty doctors in the entire country. Many clinics and hospitals had no electricity or running water. ~ Nancy D. Sheppard

The financial crisis just made the hole deeper, which is why our stimulus needs to be both big and smart, both financially and educationally stimulating. It needs to be able to produce not only more shovel-ready jobs and shovel-ready workers, but more Google-ready jobs and Windows-ready and knowledge-ready workers. ~ Thomas Friedman

I felt held hostage by her illness and by the backward mental health system that once again was incapable of helping our family in crisis. ~ Mira Bartok

Discussions of the economy, especially during times of crisis, are often framed in terms of lessons we supposedly learned during the Depression of the 1930s. If we are not to endure terrible times like those again, we are told, we must support whatever form of state intervention is currently being peddled. ~ Thomas Woods

How do you last a torrid time in Life?
1.Accept the reality that you are in the throes of a crisis. Stop wishing that it didn't exist. Acceptance always delivers inner peace.
2.Know that the storm will always be strong. By even thinking of its ferocity, you are only going to feel debilitated. At the epicenter of a storm, it is always calm. Find that center, your center. That's where you will find strength.
3.Your center is where you lose sense of time, place and thought. Art – anything inherent that makes you come alive – often leads you there.
4.Trust the process of Life. Do what you can do without losing your inner peace – daily, diligently.
5.No matter how intense it is, no storm lasts forever. All storms pass. So, be patient, surrender completely, let go…and offer yourself to be led by Life… ~ AVIS Viswanathan

There's a new medical crisis. Doctors are reporting that many men are having allergic reactions to latex condoms. They say they cause severe swelling. So what's the problem? ~ Dustin Hoffman

Computerization brings about an essential change in the way the worker can know the world and, with it, a crisis of confidence inthe possibility of certain knowledge. ~ Shoshana Zuboff

I have been troubled to witness how divisive making any reference to the end times has come to be among some sincere believers and leaders who deeply love God and one another. Oh, how I long to see the body of Christ come together in unity, to see them fast and pray for an awakening in the midst of the present crisis that is growing in the nations! Our passion and our unifying factor are the Lord Jesus crucified, raised on the third day, and ascended into heaven, who one day will return. ~ Lou Engle

The Federal Reserve System had been established to prevent what actually happened. It was set up to avoid a situation in which you would have to close down banks, in which you would have a banking crisis. And yet, under the Federal Reserve system, you had the worst banking crisis in the history of the United States ~ Alan Ebenstein

Hospitality is the practice of God's welcome by reaching across difference to participate in God's actions bringing justice and healing to our world in crisis. ~ Letty M. Russell

I want to be really proactive in working with the progressive business community in Australia and also reaching out to rural and regional Australia in order to assist in the sustainability crisis and the food security crisis. ~ Christine Milne

Beyond politics, the West is suffering from what can be called a crisis of brokenness - broken institutions, broken families and broken souls. ~ Gary Bauer

The world can therefore seize the opportunity (the Persian Gulf crisis) to fulfill the long held promise of a New World Order where diverse nations are drawn together in common cause to achieve the universal aspirations of mankind. ~ George H. W. Bush

Despite the mountain of gold that has been built downtown, Los Angeles remains vulnerable to the same explosive convergence of street anger, poverty, environmental crisis, and capital flight that made the early 1990s its worth crisis period since the early Depression. ~ Mike Davis

My advice to organizations I work with is always to be proactive rather than simply reactive when it comes to human rights issues. After all, the important process of improving company policies and practices must be carried out without having to be prompted by a labour strike, factory collapse or other crisis. ~ Cherie Blair

More science and more technology are not going to get us out of the present ecological crises until we find a new religion, or rethink our old one. ~ Lynn Townsend White, Jr.

Humor is the only thing that allows you to survive every pressure and crisis. ~ Vinton Cerf

We usually don't realize the thing that is defining our identity until that thing is taken away. ~ Tim Hiller

I hope my work contributes to understanding long-term patterns of human behavior and how we survive, thrive, or fail during times of environmental, social, and economic crisis. ~ Sarah Parcak

A New World Order is required to deal with the Climate Change crisis. ~ Mikhail Gorbachev

And so we come to the last crisis, that of integrity versus disgust and despair. Throughout the life-cycle the pieces have been assembled, structure built on structure around the ego's continuity. Now with death not too far away, can it all hold up or will it crumble? Are the links of love and meaning strong enough so that we are ourselves content to fall away. ~ Charles Hampden-Turner

If we are to maintain our position as a global economic leader, we've got to end the govern-by-crisis mentality that sets us back instead of moving us forward. ~ Scott Peters

Hedge funds have made massive leveraged credit bets, knowing that their upside is billions in fees and their downside is millions in fees. ~ Janet M. Tavakoli

But to everything in this world there comes an end; there even comes an end to the torments suffered in those intermediate states of transition when the last secret tear of one's soul is bitterly swallowed, and the crisis passes, resolving itself into some new sort of phase, which even as it comes into existence is fated in turn to pass away, to disappear in the eternal changing of the times and seasons. ~ Nikolai Bukharin

Fortunately or unfortunately, the one predictable thing in any organization is the crisis. That always comes. That's when you do depend on the leader: The job of the leader is to build an organization that is battle-ready, that has high morale, that knows how to behave, that trusts itself, and where people trust one another. ~ Peter Drucker

One way and another I was having a ball - playing gigs, jamming and listening to fine musicians. Then came a crisis at home. My stepfather fell sick, and it meant I had to support the family. ~ Mary Lou Williams

As a basic step of self-esteem, learn to treat as the mark of a cannibal any man's demand for your help. To demand it is to claim that your life is his property – and loathsome as such claim might be, there's something still more loathsome: your agreement. Do you ask if it's ever proper to help another man? No- if he claims it as his right or as a moral duty that you owe him. Yes- if such is your own desire based on your own selfish pleasure in the value of his person and his struggle. Suffering as such is not a value, only man's fight against suffering is. If you choose to help a man who suffers, do it only on the ground of his virtues, of his fight to recover, of his rational record, or of the fact that he suffers unjustly; then your action is still trade, and his virtue is the payment for your help. But to help a man who has no virtues, to help him on the ground of his suffering as such, to accept his faults, his need, as a claim – is to accept the mortgage of a zero on your values. A man who has no virtues is a hater of existence who acts on the premise of death; to help him is to sanction his evil and to support his career of destruction. Be it only a penny you will miss or a kindly smile he has not earned, a tribute to a zero is treason to life and to all those who struggle to maintain it. It is of such pennies and smiles that the desolation of your world was made. ~ Ayn Rand

The wife carries the burden of the marriage on her shoulders," his mother said. "Her husband, herself, both of them, their covenant, and everything else that gets added over the years. And all that is very, very heavy. It is in her power to keep the marriage alive and thriving, but also to drive it to the brink of crisis and back again. For whatever reason, men have not taken this role upon themselves. Perhaps they are not capable. Now, as you know, every empty space, every abyss created in nature fills itself, and this one is filled by women out of a sense of responsibility and maybe also the will to control. It's a simple matter, really, but in case you haven't understood, I'll explain it: your wife must be happy, satisfied, fulfilled, and impassioned, and then the burden of marriage will not be heavy for her. She'll be prepared to take it upon herself for better and for worse until the very day that one of you shuts your eyes for good. ~ Anat Talshir

We must realize that growth is but an adolescent phase of life which stops when physical maturity is reached. If growth continues in the period of maturity it is called obesity or cancer. Prescribing growth as the cure for the energy crisis has all the logic of prescribing increasing quantities of food as a remedy for obesity. ~ Albert A. Bartlett