Us Financial Crisis Quotes

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

I think people don't understand compound interest because typically no one ever explains it to them and the level of financial literacy in the US is very low. ~ James Surowiecki

In the medium term, AI may automate our jobs, to bring both great prosperity and equality. Looking further ahead, there are no fundamental limits to what can be achieved. There is no physical law precluding particles from being organised in ways that perform even more advanced computations than the arrangements of particles in human brains. An explosive transition is possible, although it may play out differently than in the movies. As mathematician Irving Good realised in 1965, machines with superhuman intelligence could repeatedly improve their design even further, in what science-fiction writer Vernor Vinge called a technological singularity. One can imagine such technology outsmarting financial markets, out-inventing human researchers, out-manipulating human leaders and potentially subduing us with weapons we cannot even understand. Whereas the short-term impact of AI depends on who controls it, the long-term impact depends on whether it can be controlled at all. ~ Stephen Hawking

I believe that through knowledge and discipline, financial peace is possible for all of us. ~ Dave Ramsey

Standing on the edge with my patients - abiding with them - means that I must harbor a true awareness that I, too, could lose my child through the play of circumstance over which I have no control. I could lose my home, my financial security, my safety. I could lose my mind. Any of us could. ~ Christine Montross

Even if we don't want to admit it, the ability to overcome most obstacles is within our hands. We can't blame family, society, or history if our work is meaningless, dull, or stressful. Admittedly, there are not too many options when we realize that our job is useless, or actually harmful. Perhaps the only choice is to quit as quickly as possible, even at the cost of severe financial hardship. In terms of the bottom line of one's life, it is always a better deal to do something one feels good about than something that may make us materially comfortable but emotionally miserable. Such decisions are notoriously difficult, and require great honesty with oneself. ~ Mihaly Csikszentmihalyi

Everything is argued over in this world. Apart from only one thing that is not argued over. Nobody argues about democracy. Democracy is there as if it was some sort of saint in the altar from whom miracles are no longer expected. But it's there as a reference. A reference. Democracy. And no-one attends to the matter that the democracy in which we live is a democracy taken captive, conditioned, amputated. Because the power..the power of the citizen, the power of each one of us, is limited, in the political sphere, I repeat, in the political sphere, to remove a government that we do not like and replace it with another one that perhaps we might like in the future. Nothing else. But the big decisions are taken in a different sphere, and we all know which one that is. The big international financial organisations, the IMFs, the World Trade Organisations, the World Banks, the OECDs. All..not one of these entities is democratic. And so, how can we keep talking about democracy, if those who effectively govern the world are not chosen democratically by the people? Who chooses the representatives of each country in those organisations? Your respective peoples? No. Where then is the democracy? ~ Jose Saramago

Support Your Warriors
I write about warriors; men and women who rise above the rest. Men and women who overcome their fears with courage and integrity. While some of my characters may seem like super heroes, the real life men and women who risk their lives every day to protect and to serve us are truly super heroes. Please support your warriors. There are a variety of worthwhile organizations that need financial support and/or volunteers. Visit a hospital, send a card, say a prayer.
Thank you
Sandy ~ Sandra J. Yearman

In early 2014, the global economy's top five companies' gross cash holdings - those of Apple, Google, Microsoft, as well as the US telecom giant Verizon and the Korean electronics conglomerate Samsung - came to $387 billion, the equivalent of the 2013 GDP of the United Arab Emirates.78 This capital imbalance puts the fate of the world economy in the hands of the few cash hoarders like Apple and Google, whose profits are mostly kept offshore to avoid paying US tax. "Apple, Google and Facebook are latter-day scrooges," worries the Financial Times columnist John Plender about a corporate miserliness that is undermining the growth of the world economy. ~ Andrew Keen

By February 2016, when Trump was already steaming toward the nomination, I began to realize the extent to which he'd conned all of us. He first used the media's financial desperation to secure free coverage, but when the attention became not just negative but condemnatory, he used that, too. He ~ Matt Taibbi

I guess we were kinda poor when we were kids, but we didn't know it. That's because my dad always refused to let us look at the family's financial records. ~ Frankie Boyle

Ironically, the universities have trained hundreds of thousands of graduates for jobs that soon will not exist. They have trained people to maintain a structure that cannot be maintained. The elite as well as those equipped with narrow, specialized vocational skills, know only how to feed the beast until it dies. Once it is dead, they will be helpless. Don't expect them to save us. They do not even know how to ask the questions, And when it all collapses, when our rotten financial system with its trillions in worthless assets implode and our imperial wars end in humiliation and defeat, the power elite will be exposed as being as helpless, and as self-deluded, as the rest of us. ~ Chris Hedges

The welfare state is collapsing all around us. There are people that realize that we can't go on this way, but I'm not sure how many people realize how close we are to the collapse of the U.S. financial system. ~ Rush Limbaugh

The ability to scale up is hard. So the best model for us is concentrated India, diversified financial services, and through this, we can get significant scale on an Indian platform. ~ Uday Kotak

A society of ONE!
There is nothing wrong with being Human. What is wrong is how so many take for granted the gift of our being human and never learn that we are also to be HUMANE, hence our HUMANITY. We are born Man but it takes years of education, trial and error to be TRULY HUMAN. It takes an ability to see beyond yourself, and to be able to RELINQUISH YOUR EGO And that is something that far too many neglects to consider in their chase for life, liberty and the pursuit of PRODUCTS. Things can never make us happy and the accumulation of wealth only aids in separating us from our common cause to be ONE SOCIETY. ONE RACE. ONE MANKIND. Until we are equal and able to see eye to eye with our most base concerns of housing, Food, education and financial well-being solved, we shall never have a society of ONE! ~ Levon Peter Poe

I cling to her and try to believe my financial troubles and dark secret can be erased by taking off my clothes for strangers Kiki loves me more than I love myself. She loves me enough for us both. ~ Marata Eros

When you're talking about capital and financial things, which I certainly pay a lot of attention to, I base those decisions on one question that I typically ask myself, which is 'Does it help us to build a better company?' ~ Jim Bankoff

For if there were a list of cosmic things that unite us, reader and writer, visible as it scrolled up into the distance, like the introduction to some epic science-fiction film, then shining brightly on that list would be the fact that we exist in a financial universe that is subject to massive gravitational pulls from states. States tug at us. States bend us. And, tirelessly, states seek to determine our orbits. ~ Mohsin Hamid

A budget tells us what we can't afford, but it doesn't keep us from buying it. ~ William Feather

Unless we understand what it is that leads to economic and financial instability, we cannot prescribe
make policy
to modify or eliminate it. Identifying a phenomenon is not enough; we need a theory that makes instability a normal result in our economy and gives us handles to control it. ~ Hyman Minsky

For those of us in the financial world, Black Friday has a strong negative connotation, referring to a stock market catastrophe. ~ Mark Skousen

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

We teach our kids the importance of good dental care, proper nutrition, and financial responsibility. How many of us teach our children to monitor their own brain health, or know how to do it ourselves? ~ Sue Klebold

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

There are good reasons why we don't want everyone to learn nuclear physics, medicine or how financial markets work. Our entire modern project has been about delegating power over us to skilled people who want to do the work and be rewarded accordingly. ~ Evgeny Morozov

One of the reasons the rich get richer, the poor get poorer, and the middle class struggles in debt is because the subject of money is taught at home, not in school. Most of us learn about money from our parents. So what can a poor parent tell their child about money? They simply say "Stay in school and study hard." The child may graduate with excellent grades but with a poor person's financial programming and mind-set. It was learned while the child was young. ~ Robert T. Kiyosaki

What the US evidently sought to impose by main force on Iraq was a state apparatus whose fundamental mission was to facilitate conditions for profitable capital accumulation on the part of both domestic and foreign capital. I call this kind of state apparatus a neoliberal state. The freedoms it embodies reflect the interests of private property owners, businesses, multinational corporations, and financial capital. Bremer invited the Iraqis, in short, to ride their horse of freedom straight into the neoliberal corral. ~ David Harvey

However in recent times, the US and the whole world has been hit by a
financial Tsunami, because of beliefs which are now, to everyone in
hindsight, blatantly and obviously absurd. ~ Peter B. Lockhart

If you want to know the real reasons why certain politicians vote the way they do - follow the money. Arch Brexiteer Jacob Rees-Mogg (a.k.a. JackOff Grease-Smug) stands to make billions via his investment firm - Somerset Capital Management - if the UK crashes unceremoniously out of the European Union without a secure future trade deal. Why ? Because proposed EU regulations will give enforcement agencies greater powers to curb the activities adopted by the sort of off-shore tax havens his company employs. Consequently the British electorate get swindled not once, but twice. Firstly because any sort of Brexit - whether hard, soft, or half-baked - will make every man, woman and child in the UK that much poorer than under the status quo currently enjoyed as a fully paid up member of the EU. Secondly because Rees-Mogg's company, if not brought to heel by appropriate EU wide legislation, will deprive Her Majesty's Treasury of millions in taxes, thus leading to more onerous taxes for the rest of us. It begs the question, who else in the obscure but influential European Research Group (ERG) that he chairs and the Institute for Economic Affairs (IEA) that he subscribes to, have similar vested interests in a no-deal Brexit ? It is high time for infinitely greater parliamentary and public scrutiny into the UK Register of Members' Financial Interests in order to put an end to these nefarious dealings and appalling double standards in public life which only serve to further corrode public ~ Alex Morritt

10 Steps Process Requirement

So that we can get a clear picture of your current financial position and your future lifestyle desires our 10-step process requires 2 meetings.

Meeting #1 include steps 1 through 5 and should take no longer than 45 minutes. If in meeting #1 we determine that what we do fit with what you are looking for, you will receive 2 very short questionnaires to complete and we will then schedule meeting #2. The first is a very short and simple financial questionnaire. The second is an online communication profile that assesses how you like to be communicated to and how you naturally approach or respond to problems, information, change and risk. Both are very important to us moving forward. They help us be more effective in how we communicate your data to you.

Meeting #2 include steps 6 – 10 and should take no longer than one (1) hour. In this meeting we will identify areas in which you are losing money unknowingly and unnecessarily. We will customize appropriate wealth strategies to help you become more efficient in your finances so that you can achieve your goals and objectives. ~ Annette Wise

Our strategic evolution has established Monsanto as the leading innovator in agricultural seeds and technology, .. The financial discipline we have exercised has also allowed us to establish a solid foundation which is poised for growth in the years ahead. ~ Terry Crews

If we start to think about trust as a public good (like clean air and water), we see that we can all benefit from higher levels of trust in terms of communicating with others, making financial transitions smoother, simplifying contracts, and many other business and social activities. Without constant suspicion, we can get more out of our exchanges with others while spending less time making sure that others will fulfill their promises to us. Yet as the tragedy of commons exemplifies, in the short term it is beneficial for each individual to violate and take advantage of the established trust.

I suspect that most people and companies miss or ignore the fact that trust is an important public resource and that losing it can have long-term negative consequences for everyone involved. It doesn't take much to violate trust. Just a few bad players in the market can spoil it for everyone else. ~ Dan Ariely

From the end of the World War twenty-one years ago, this country, like many others, went through a phase of having large groups of people carried away by some emotion--some alluring, attractive, even speciously inspiring, public presentation of a nostrum, a cure-all. Many Americans lost their heads because several plausible fellows lost theirs in expounding schemes to end barbarity, to give weekly handouts to people, to give everybody a better job--or, more modestly, for example, to put a chicken or two in every pot--all by adoption of some new financial plan or some new social system. And all of them burst like bubbles.

Some proponents of nostrums were honest and sincere, others--too many of them--were seekers of personal power; still others saw a chance to get rich on the dimes and quarters of the poorer people in our population. All of them, perhaps unconsciously, were capitalizing on the fact that the democratic form of Government works slowly. There always exists in a democratic society a large group which, quite naturally, champs at the bit over the slowness of democracy; and that is why it is right for us who believe in democracy to keep the democratic processes progressive--in other words, moving forward with the advances in civilization. That is why it is dangerous for democracy to stop moving forward because any period of stagnation increases the numbers of those who demand action and action now. ~ Franklin D. Roosevelt