Poors Quotes

We have got this Damocles' sword of Standard and Poor's hanging over us, with the commitment they have made to review Britain's credit rating in the summer of 2010 after the general election. Everybody in Britain has a vital interest in ensuring that the triple A credit rating agency is maintained. ~ Philip Hammond

A group called the Food Research and Action Center wants the government to spend more on food programs. Sure enough, their study found that astonishing numbers of children were 'hungry': 'One in four American children under age 12 is hungry or at risk of hunger in America.'
The report got lots of press. Some reporters spun the report so it sounded worse than it was. Dan Rather somehow changed kids who were 'sometimes hungry' into 'children in danger of starving.'
Starving? The Food Research and Action Center never counted calories. They didn't even ask people what they ate. Instead, they asked: 'Do you ever cut the size of meals?' 'Do you ever eat less than you feel you should?' Naturally, some people said yes to those questions. It didn't mean America is 'hungry', let alone 'starving.' In fact, in America, one of the poor's biggest problems is obesity. ~ John Stossel

To be a poor man is hard, but to be a poor race in a land of dollars is the very bottom of hardships. ~ W.E.B. Du Bois

The country is governed for the richest, for the corporations, the bankers, the land speculators, and for the exploiters of labor. ~ Helen Keller

Being an altruist I have an urge in mylife to help poor's but im not Bill Gates ~ Bilal Bashir Magry

The day you forget about the poors, you become the poorest of the poor! ~ Mehmet Murat Ildan

A year earlier, no company had been accorded more faith than Enron; by late November, none was trusted less. And so, a gasping gurgle, a desperate SOS: Enron, the emblem of free markets, the champion of deregulation, reached into its depleted treasury and forked over $100,000 to each of the major political parties' campaign war chests. Then, it shuttered its online trading unit - its erstwhile gem. On November 28, Standard & Poor's downgraded Enron to junk-bond level - which triggered provisions in Enron's debt requiring it to immediately repay billions of its obligations. This it could not do. Its stock was seventy cents and falling, and, now, no gatekeepers and no credit remained. Accordingly, in the first week of December, Enron, the archetype of shareholder value, availed itself of the time-honored protection for those who have lost their credit: bankruptcy. ~ Roger Lowenstein

These senior claims were supposed to be very low-risk; after all, how likely was it that a large number of people would default on their mortgages at the same time? The answer, of course, is that it was quite likely in an environment where homes were worth 30, 40, 50 percent less than the borrowers originally paid for them. So a lot of supposedly safe assets, assets that had been rated AAA by Standard & Poor's or Moody's, ended up becoming "toxic waste", worth only a fraction of their face value. ~ Paul Krugman

One thing's sure and nothing surer. The rich get richer and the poor get- children ~ Ron Rash

Mankind is divided into rich and poor, into property owners and exploited; and to abstract oneself from this fundamental division; and from the antagonism between poor and rich means abstracting oneself from fundamental facts. ~ Joseph Stalin

Theban who acquires his wealth by inheritance builds his mansion with the weak poor's money. The clergyman erects his temple upon the graves and bones of the devoted worshippers. The prince grasps the fellah's arms while the priest empties his pocket; the ruler looks upon the sobs of the fields with frowning face, and the bishop consoles them with his smile, and between the frown of the tiger and the smile of the wolf the flock is perished; the ruler claims himself as king if the law, and the priest as the representative if god, and between these two, the bodies are destroyed and the souls wither into nothing. ~ Kahlil Gibran