Debt Quotes

A church debt is the devil's salary.

Something I owe to the soil that grew--More to the life that fed--But most to Allah who gave me two Separate sides of my head. I would go without shirt or shoes, Friends, tobacco, or bread Sooner than for an instant lose Either side of my head.

...If you look at mainstream economics there are three things you will not find in a mainstream economic model - Banks, Debt, and Money. How anybody can think they can analyze capital while leaving out Banks, Debt, and Money is a bit to me like an ornithologist trying to work out how a bird flies whilst ignoring that the bird has wings...

Mr Moss's courtyard is railed in like a cage, lest the gentlemen who are boarding with him should take a fancy to escape from his hospitality.

If employment really cared about employees, people wouldn’t have to work until retirement comes to their rescue.

I love America for its bourgeois comfort. If I was as heavily in debt as they are, I wouldn't be drinking tea or coffee anywhere. I would be sipping tap water from an old bottle and serving others tea or coffee in a cafe somewhere.

The ideas of debtor and creditor as to what constitutes a good time never coincide.

Karma has been a pop culture term for ages. But really, what the heck is it?Karma is not an inviolate engine of cosmic punishment. Rather, it is a neutral sequence of acts, results, and consequences.Receiving misfortune does not necessarily indicate that one has committed evil. But it is a sufficient indicator of something else.And that something else can be anything, as long as it is a logical consequence of what has come before.Consider: if you fall into a well, you are not a bad person who deserves to suffer—you are merely someone who took a wrong step. Or someone who had one drink too many. Or got a head rush due to poor circulation. Or forgot to wear your glasses. Or—The reasons are plentiful, and all plausible. But the chain of cause and effect goes way, way back into the deepest hoariest recesses of your personal past.So never rule out retribution. But never expect it.

A national debt if it is not excessive will be to us a national blessing.

I spend my life constantly calling in ‘imaginary’ debts that aren’t owed to me in order to avoid the ‘real’ debts that I owe to others, and so everybody ends up bankrupt.

The bank wanted me to sell those customers that debt, because the system needs you to buy that new car, that holiday to Barbados, that latest iPhone or that new extension you’ve always been dreaming off. The banks are happy to let you do it with their high interest credit products, and they want me to be the guy that sells the idea to you. I was serving the machine that was enslaving me.

We owe some of our successes to people who did not want to help us more than we do to those who have helped us.

Everything we get, outside of the free gifts of nature, must in some way be paid for. The world is full of so- called economists who in turn are full of schemes for getting something for nothing. They tell us that the government can spend and spend without taxing at all; that it can continue to pile up debt without ever paying it off, because "we owe it to ourselves.

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

Being instinctively lazy, I see no point in working longer hours just to get out of debt !

Don't take on more student loans than your future-self can handle.

The difference between the past and the present is that individual freedom and security no longer fall to be protected solely through the D vehicle of common-law maxims and presumptions which may be altered or repealed by statute, but are now protected by entrenched constitutional provisions which neither the Legislature nor the Executive may abridge. It would accordingly be improper for us to hold constitutional a system which, as Sachs J has noted, confers on creditors the power to consign the person of an impecunious debtor to prison at will and without the interposition at the crucial time of a judicial officer.

Savers have to be punished so debtors can be saved.Why? Because if debtors are rescued, that makes it possible for more debts to be issued in the future.And why is that important? Because the banking system needs ever more loans in order to survive.

Your emotions will wander like a vagabond when you're indebted. Those happy moments with friends will soon be interrupted with a frowning creditor in your sub-conscious, and all your frenzy will be taken aback.

When you are willing to be everything that you are, you become an infinitely creative source for everything in your life - including money.

Only debt is forever.

It's the giving that makes one stronger, but sometimes the taking can make one weaker, if even vulnerable or blinding.

As Charles Darwin said,'The economy shown by Nature in her resources is striking,'' says the Spirit. 'All wealth comes from Nature. Without it, there wouldn't be any economics. The primary wealth is food, not money. Therefore anything that concerns the handling of the land also concerns me.

God was inviting me to go on Hajj, but before that I needed to settle my debts. Muslims may only embark on their pilgrimage if they are debt-free or at least have made an arrangement for repayment.

Old: Give me liberty or give me death. - New: Give me liberty or give me debt.

Always remember this, Henri. Men trade for profit. They are driven by greed. But debt is about fear, and fear is stronger than greed. The true power, the weapon that defeats all others, is debt. Fools search for gold. The wise man studies debt. That is the key to all business.

Here is an equation worth remembering: Five dollars earned minus seven dollars spent = Unhappy Life." (Life Hacks, p.51)

We have already compared the benefits of theology and science. When the theologian governed the world, it was covered with huts and hovels for the many, palaces and cathedrals for the few. To nearly all the children of men, reading and writing were unknown arts. The poor were clad in rags and skins -- they devoured crusts, and gnawed bones. The day of Science dawned, and the luxuries of a century ago are the necessities of to-day. Men in the middle ranks of life have more of the conveniences and elegancies than the princes and kings of the theological times. But above and over all this, is the development of mind. There is more of value in the brain of an average man of to-day -- of a master-mechanic, of a chemist, of a naturalist, of an inventor, than there was in the brain of the world four hundred years ago.These blessings did not fall from the skies. These benefits did not drop from the outstretched hands of priests. They were not found in cathedrals or behind altars -- neither were they searched for with holy candles. They were not discovered by the closed eyes of prayer, nor did they come in answer to superstitious supplication. They are the children of freedom, the gifts of reason, observation and experience -- and for them all, man is indebted to man.

In fact this is precisely the logic on which the Bank of England—the first successful modern central bank—was originally founded. In 1694, a consortium of English bankers made a loan of £1,200,000 to the king. In return they received a royal monopoly on the issuance of banknotes. What this meant in practice was they had the right to advance IOUs for a portion of the money the king now owed them to any inhabitant of the kingdom willing to borrow from them, or willing to deposit their own money in the bank—in effect, to circulate or "monetize" the newly created royal debt. This was a great deal for the bankers (they got to charge the king 8 percent annual interest for the original loan and simultaneously charge interest on the same money to the clients who borrowed it) , but it only worked as long as the original loan remained outstanding. To this day, this loan has never been paid back. It cannot be. If it ever were, the entire monetary system of Great Britain would cease to exist.

If history shows anything, it is that there's no better way to justify relations founded on violence, to make such relations seem moral, than by reframing them in the language of debt—above all, because it immediately makes it seem that it's the victim who's doing something wrong.

Wilt thou seal up the avenues of ill? Pay every debt as if God wrote the bill!

The gift was not large as money goes, and my need was not great, but the spirit of the gift is beyond price and leaves me blessed and in debt.

Annual income twenty pounds, annual expenditure nineteen six, result happiness. Annual income twenty pounds, annual expenditure twenty pound ought and six, result misery.

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

In short, if you are using a shovel to dig yourself into a hole, a credit card company will be happy to give you a backhoe.

Money is sacred as everyone knows... So then must be the hunger for it and the means we use to obtain it. Once a man is in debt he becomes a flesh and blood form of money, a walking investment. You can do what you like with him, you can work him to death or you can sell him. This cannot be called cruelty or greed because we are seeking only to recover our investment and that is a sacred duty.

Unless, of course, one chose to join the increasing numbers who had decided they were so deep in despair that there was nothing worse to fear in life. These were men who had finally, and so early, so surprisingly early seen enough of something in their own ives and in the lives around them to convince them of the final futility of efforts of efforts to break the mean monthly cycle of debt and borrowing, borrowing and debt.

Those who spend all they earn always end in penury.

In many cases, it was the woman’s stomach—not her heart—that fell for her man.

Rosamond, accustomed from her childhood to an extravagant household, thought that good housekeeping consisted simply in ordering the best of everything––nothing else 'answered;' and Lydgate supposed that 'if things were done at all, they must be done properly'–he did not see how they were to live otherwise. If each head of household expenditure had been mentioned to him beforehand, he would have probably observed that 'it could hardly come to much,' and if any one had suggested a saving on a particular article–for example, the substitution of cheap fish for dear–it would have appeared to him simply a penny-wise, mean notion.

Years ago, I dated a lovely young woman who was a few thousand dollars in debt. She was completely stressed out about this. Every month, more interest would be added to her debts.To deal with her stress, she would go every Tuesday night to a meditation and yoga class. This was her one free night, and she said it seemed to be helping her. She would breathe in, imagining that she was finding ways to deal with her debts. She would breathe out, telling herself that her money problems would one day be behind her.It went on like this, Tuesday after Tuesday.Finally, one day I looked through her finances with her. I figured out that if she spent four or five months working a part-time job on Tuesday nights, she could actually pay off all the money she owed.I told her I had nothing against yoga or meditation. But I did think its always best to try to treat the disease first. Her symptoms were stress and anxiety. Her disease was the money she owed."Why don't you get a job on Tuesday nights and skip yoga for a while?" I suggested.This was something of a revelation to her. And she took my advice. She became a Tuesday-night waitress and soon enough paid off her debts. After that, she could go back to yoga and really breathe easier.

Raphael's hand tightened on the hilt of the knife. His knuckles were white. He spoke to Magnus. "I have no soul," he said. "But I made you a promise on my mother's doorstep, and she was sacred to me.""Santiago- " Sebastian began."I was a child then. I am not now." The knife fell to the floor. Raphael turned and looked at Sebastian, his wide dark eyes very clear. "I cannot," he said. "I will not. I owe him a debt from many years ago.

[Credit is a system whereby] a person who can't pay, gets another person who can't pay, to guarantee that he can pay.

Most are inclined to recline into a reclining position, in order to enjoy the decline.

Debt . . . . that peculiar nexus where money, narrative or story, and religious belief intersect, often with explosive force.

Some people will each start investing more of their salary on ‘their’ house and spending less of it on ‘their’ car or cars only when they start being able to take ‘their’ house to work, funerals, weddings, etc.

She says, "Do you have any rubbers?" I say, I thought she was barren. "Sure, I'm sterile," she says, "but I've had unprotected sex with a million guys. I could have some terrible fatal disease." I say that would only be a problem if I wanted to live a lot longer. Fertility says, " That's how I feel about my giant credit card debt." So we have sex. If you could call it that.

Some of you, we all know, are poor, find it hard to live, are sometimes, as it were, gasping for breath. I have no doubt that some of you who read this book are unable to pay for all the dinners which you have actually eaten, or for the coats and shoes which are fast wearing or are already worn out, and have come to this page to spend borrowed or stolen time, robbing your creditors of an hour. It is very evident what mean and sneaking lives many of you live, for my sight has been whetted by experience; always on the limits, trying to get into business and trying to get out of debt, a very ancient slough, called by the Latins aes alienum, another's brass, for some of their coins were made of brass; still living, and dying, and buried by this other's brass; always promising to pay, promising to pay, tomorrow, and dying today, insolvent; seeking to curry favor, to get custom, by how many modes, only not state-prison offences; lying, flattering, voting, contracting yourselves into a nutshell of civility or dilating into an atmosphere of thin and vaporous generosity, that you may persuade your neighbor to let you make his shoes, or his hat, or his coat, or his carriage, or import his groceries for him; making yourselves sick, that you may lay up something against a sick day, something to be tucked away in an old chest, or in a stocking behind the plastering, or, more safely, in the brick bank; no matter where, no matter how much or how little.

My conclusions, on this point, are as follows: when the Law Commission says committal of judgment debtors is an anomaly that cannot be justified and should be abolished; when it is common cause that there is a general international move away from imprisonment for civil debt, of which the present committal proceedings are an adapted relic; when such imprisonment has been abolished in South Africa, save for its contested form as contempt of court in the magistrate's court; when the clauses concerned have already been interpreted by the Courts as restrictively as possible, without their constitutionally offensive core being eviscerated; when other tried and tested methods exist for recovery of debt from those in a position to pay; when the violation of the fundamental right to personal freedom is manifest, and the procedures used must inevitably possess a summary character if they are to be economically worthwhile to the creditor, then the very institution of civil imprisonment, however it may be described and however well directed its procedures might be, in itself must be regarded as highly questionable and not a compelling claimant for survival.

And don't tell me debt is not a big deal. Debt will cut off your legs and laugh at you as you grovel in the dirt begging for mercy. If you don't need it, don't get it. If you can't afford it, don't get it. If you're already in debt, get out quickly. If you think you'll never get out, you're right, you won't.

The debt we owe our parents can never be squared, and jolly good too, because doing so would threaten to nullify all relationship, all emotional commerce between the two generations. Being in debt, just like being in credit, means an active interest applies between the two parties and, once the debt is taken care of, the interest is bound to wane.

An emotional debt is hard to square.

You don't pay back your parents. You can't. The debt you owe them gets collected by your children, who hand it down in turn. It's a sort of entailment. Or if you don't have children of the body, it's left as a debt to your common humanity. Or to your God, if you possess or are possessed by one.The family economy evades calculation in the gross planetary product. It's the only deal I know where, when you give more than you get, you aren't bankrupted - but rather, vastly enriched.

Debt is the worst poverty.

I don't want to spend the rest of my life paying off loans when I don't even like school to begin with.

If you want the time to pass quickly just give your note for 90 days.

The world economy would collapse if a significant number of people were to realize and then act on the realization that it is possible to enjoy many if not most of the things that they enjoy without first having to own them.

An honest man is a debtless man, he doesn't owe anyone anything.

In 1987 Senator Jesse Helms, stated "it is no secret that the international bankers profiteer form sovereign state debt. The New York banks have found important profit centers in lending to countries plunged into debt by Socialist regimes. Under Socialist regimes, countries go deeper and deeper into debt because Socialism as an economic system does not work. International bankers are sophisticated enough to understand this phenomenon and they are sophisticated enough to profit from it.

Our country is failing to live up to its promise of opportunity and fairness. It used to be true that if you went to college and you worked hard, you could count on having a decent middle-class life - but that's just not true anymore. Economic and political changes that have occurred over the past three decades have made the middle-class American dream for today's twenty- and thirtysomethings far less possible than it was for their parents' generation. It's not that we're lazy, that we have no work ethic, or that we have outrageous spending habits. It's that we've been screwed.