Government Savings Quotes & Sayings

Anecdote: The East End seemed to be in the grip of yet another economic crisis ... By the winter of 1933, an army of the unemployed gathered daily outside the dock gates, desperate for a day or 2 paid work ... There was no cushion, no disaster fund, no stashed savings, no government handouts no syrup that could sweeten the bitter pill of poverty. — Melanie McGrath

You weren't made to fit in. You were born to stand out! — Jim Caviezel

Italians have always had a high savings rate. They love putting their money into their own government bonds - even more than in houses, stocks and gold. The higher rates climb, the happier they are to invest. So if austerity plans drive rates up, it's music to Italian ears. — Kenneth Fisher

I start with fear. It comes in so many forms. When I write, some of the fear goes away. So I write into the fear, and even more dissipates. I want to be scared while writing. I want to bring it to the surface so I can banish it. — Mat Johnson

The contented and economically comfortable have a very discriminating view of government. Nobody is ever indignant about bailing out failed banks and failed savings and loans associations. But when taxes must be paid for the lower middle class and poor, the government assumes an aspect of wickedness. — John Kenneth Galbraith

I am for a government rigorously frugal & simple, applying all the possible savings of the public revenue to the discharge of the national debt; and not for a multiplication of officers & salaries merely to make partisans, & for increasing, by every device, the public debt, on the principle of its being a public blessing. — Thomas Jefferson

In Tom's River, an hour away from Vineland, there's also a large tent city. Increasingly pessimistic, most of us don't dream of any bright future, but are planning for the worst. How many of us are squatting in foreclosed homes? How many are scraping by on just a fraction of what we used to earn just a few years ago? How many are quickly exhausting their scant savings? How many will be fired next week? Meanwhile, this criminal government continues its systematic impoverishment and suppression of us all. Fragmented and confused, we have no plan to combat any of this, but are looking to be saved by the very architects of our ruination. — Linh Dinh

One thought-murder a day keeps the psychiatrist away. — Saul Bellow

The perfect song on the perfect drive to make you feel infinite. — Stephen Chbosky

One of the commonest things to do with savings is to lend them to some Government. In view of the fact that the bulk of the public expenditure of most civilized Governments consists in payment for past wars or preparation for future wars, the man who lends his money to a Government is in the same position as the bad men in Shakespeare who hire murderers. The net result of the man's economical habits is to increase the armed forces of the State to which he lends his savings. Obviously it would be better if he spent the money, even if he spent it in drink or gambling. — Bertrand Russell

Some of the structural drivers of inflation have also weakened. Trade unions have become less powerful. Loss-making state industries have been privatized. But, perhaps most importantly of all, the social constituency with an interest in positive real returns on bonds has grown. In the developed world a rising share of wealth is held in the form of private pension funds and other savings institutions that are required, or at least expected, to hold a high proportion of their assets in the form of government bonds and other fixed income securities. In 2007 a survey of pension funds in eleven major economies revealed that bonds accounted for more than a quarter of their assets, substantially lower than in past decades, but still a substantial share.71 With every passing year, the proportion of the population living off the income from such funds goes up, as the share of retirees increases. — Niall Ferguson

The affairs of the royal house form a subject of conversation for those who, as a rule, would have no conversation. — Marthe Bibesco

Resolution Trust Company was set up to liquidate a bunch of assets that the government had inherited because the savings and loans went broke. So the savings and loans went broke, the government stepped in, paid off depositors, and now they're left with this mass of assets to sell. We're not talking about selling here, we're talking about buying intelligently. They were selling what they got handed to them by a bunch of savings and loan operators that had in many cases had done some very dumb thing. But their job was to liquidate it. And they liquidated. — Howard Warren Buffett

Galen , in the third section of his book, "The Use of the Limbs," says correctly that it would be in vain to expect to see living beings formed of the blood of menstruous women and the semen virile, who will not die, will never feel pain, or will move perpetually, or shine like the sun. This dictum of Galen is part of the following more general proposition: Whatever is formed of matter receives the most perfect form possible in that species of matter; in each individual case the defects are in accordance with that individual matter. — Maimonides

Why is it so hard to see that when America had high savings, low taxes and minimal government, the economy grew like a week, and today when we have just the opposite, the economy is shrinking.? — James Cook

Hyperinflation can take virtually your entire life's savings, without the government having to bother raising the official tax rate at all. — Thomas Sowell

We say that anytime budgets are balanced and an ample savings account has been set aside, government should just stop collecting taxes. Better to leave that money in the pockets of those who earned it, than to let it burn a hole, as it always does, in the pockets of government. — Mitch Daniels

We tried to have diplomas without learning, we tried to have jobs without work, we tried to have houses without savings, we tried to have government without responsibility. — Newt Gingrich

The president has been a true friend of the ag industry, because he continues to invest large amounts of money at a time when savings is really the goal of the federal government to deal with the deficit. — Mike Johanns

If you wanted to create jobs in a way that has minimal effect on the deficit but has government action, the two best things you could do are the infrastructure bank and a simple SBA-like loan guarantee for all building retrofits, where the contractor or the energy-service company guarantees the savings. So that allows the bank to loan money to let a school or a college or a hospital or a museum or a commercial building unencumbered by debt to loan it on terms that are longer, so you can pay it back only from your utility savings. You could create a million jobs doing that. — William J. Clinton

Much of American wealth is an illusion which is being secretly gnawed away and much of it will be completely wiped out in the near future ... So what is the rest of your future? A grisly list of unpleasant events
exploding inflation, price controls, erosion of your savings (eventually to nothing), a collapse of private as well as government pension programs, and eventually an international monetary holocaust which will sweep all paper currencies down the drain and turn the world upside down. — Howard Ruff

The racial laws which excluded the Jews from the German community seemed to a foreign observer to be a shocking throwback to primitive times, but since the Nazi racial theories exalted the Germans as the salt of the earth and the master race they were far from being unpopular. A — William L. Shirer

Under a Labour government, there's virtually nowhere you can put your savings where they would be safe from the state ... If you put money in a sock they'd probably nationalize socks. — Margaret Thatcher

What the F.D.I.C. does is to put the full faith and credit of the United States government behind every savings account in the nation, up to a limit that has changed over the years and stands now at $100,000. — Nick Clooney

In Poland we still believe - and this certainly applies to my government - that greater competitiveness, and greater growth and savings are possible in an economy which is as sparely regulated as possible, where freedom, competition and private ownership are key values. — Donald Tusk

With our national savings rate well below one-percent, it is imperative that the government embrace innovative and cost-effective means of boosting personal savings. — Jim Cooper

I will ask every government department to draw up a plan for civil service relocation outside London. And a Labour Treasury will set an objective for savings over the course of the next decade, — Ed Balls

You may think that tax policy sounds like the most boring topic in the world. That is precisely what most governments, corporations, and special interests would like you to think, because tax policy is where much of society and the economy gets shaped. It is also where well-informed citizens can achieve socioeconomic revolutions with astonishing speed and effectiveness - but only if they realize how much power they might wield in this domain. If citizens don't understand taxes, they don't understand how, when, and where their government expropriates money, time, and freedom from their lives. They also don't understand how most governments bias consumption over savings, and bias some forms of consumption over other forms, thereby distorting the trait-display systems that people might otherwise favor. — Geoffrey Miller

Tape machines are effects boxes as well because each tape machine has its own sound. You can over-load a tape machine or you can bump it a certain way so it compresses or makes a sound, tape saturation. — Lenny Kravitz

History does not provide any example of capital accumulation brought about by a government. As far as governments invested in the construction of roads, railroads, and other useful public works, the capital needed was provided by the savings of individual citizens and borrowed by the government. — Ludwig Von Mises

While I wholeheartedly support finding cost savings through efficiencies in all areas of the federal government, including defense, I will resist any actions that would compromise our nation's qualitative edge when it comes to national defense. It is well known that weakness invites aggression. Threats do not always announce themselves in advance. In order to prepare for unpredictable threats, we must modernize our defense systems. We certainly cannot let them age and deteriorate. — Doug Lamborn

The income tax is the biggest single intrusion suffered by the American people. It forces every worker to be a bookkeeper, to open his records to the government, to explain his expenses, to fear conviction for a harmless accounting error. Compliance wastes billions of dollars. It penalizes savings and creates an enormous drag on the U.S. economy. It is incompatible with a free society, and we aren't libertarians if we tolerate it. — Harry Browne

The simple index fund solution has been adopted as a cornerstone of investment strategy for many of the nation's pension plans operated by our giant corporations and state and local governments. Indexing is also the predominant strategy for the largest of them all, the retirement plan for federal government employees, the Federal Thrift Savings Plan (TSP). The plan has been a remarkable success, and now holds some $173 billion of assets for the benefit of our public servants and members of armed services. — David F. Swensen