Quotes & Sayings About Loans

Picture the Bay of Bengal as an expanse of tropical water: still and blue in the calm of the January winter, or raging and turbid with silt at the peak of the summer rains. Picture it in two dimensions on a map, overlaid with a web of shipping channels and telegraph cables and inscribed with lines of distance. Now imagine the sea as a mental map: as a family tree of cousins, uncles, sisters, sons, connected by letters and journeys and stories. Think of it as a sea of debt, bound by advances and loans and obligations. Picture the Bay of Bengal even where it is absent - deep in the Malaysian jungle, where Hindu shrines sprout from the landscape as if washed up by the sea, left behind. — Sunil S. Amrith

Sometimes there are customers who get in difficulty because of situations that are out of their control. These are customers with genuine needs, and the role of the bank is to accommodate these customers, and there is a real need to reschedule the loans of these customers. — Abdul Aziz Al Ghurair

Moreover, an archetype exists in the nation's consciousness that connects student loan debt with irresponsibility. This is a result of well-publicized accounts of loan defaults in decades past in which students took out loans with no intention of ever paying them back and simply filed for bankruptcy after graduation. This perception was sufficiently strong that in the 1970s, Congress was convinced to remove bankruptcy protections from student loans. However, according to a March 2007 paper by John A. E. Pottow of the University of Michigan, this perception had a fatal flaw: "The fatal problem is that there are no empirical data to buttress the myth that students defraud creditors any more than other debtors."1 In fact, it was shown that when student loans were dischargeable in bankruptcy, there was a less than 1 percent bankruptcy rate among student debtors.2 Nevertheless, this misconception has been so often repeated that it is now indelibly etched in the public's mind. — Alan Collinge

I'm short-selling my house. I have more loans than I can sell the house for. The house will not go into foreclosure. It will be a short sale. I can't afford the house as I once could. — Robert A. Schuller

A thought crossed his mind: How do you make poor people feel wealthy when wages are stagnant? You give them cheap loans. — Michael Lewis

Including the differential mortgage loan approval rates between Asian Americans and whites shows that the same methods to conclude that that blacks are discriminated against in mortgage lending would also lead to the conclusion that whites are discriminated against in favor of Asian Americans, reducing this whole procedure to absurdity, since no one believes that banks are discriminating against whites ... [W]hen loan approval rates are not cited, but loan denial rates are, that creates a larger statistical disparity, since most loans are approved. Even if 98 percent of blacks had their mortgage loan applications approved, if 99 percent of whites were approved than by quoting denial rates alone it could be said that blacks were rejected twice as often as whites. — Thomas Sowell

I sincerely believe that banking establishments are more dangerous than standing armies, and that the principle of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale. — Thomas Jefferson

Seen at Liberty University: I hope the Rapture happens before my student loans are due. — Kevin Roose

And I want to work with this Congress, to make sure Americans already burdened with student loans can reduce their monthly payments, so that student debt doesn't derail anyone's dreams. — Barack Obama

Keep your head down, fella. Do your job. Sell the product, write the contracts, negotiate the loans, attend the closings, bank your share and fatten the Keogh accordingly. — John D. MacDonald

We simply can't keep providing money from the federal government in the form of subsidized or actual loans and Pell Grants when we don't have the money. — John Kline

There are two definitions of deflation. Most people think of it simply as prices going down. But debt deflation is what happens when people have to spend more and more of their income to carry the debts that they've run up - to pay their mortgage debt, to pay the credit card debt, to pay student loans. — Michael Hudson

Fiat-money! Let the State 'create' money, and make the poor rich, and free them from the bonds of the capitalists! How foolish to forego the opportunity of making everybody rich, and consequently happy, that the State's right to create money gives it! How wrong to forego it simply because this would run counter to the interests of the rich! How wicked of the economists to assert that it is not within the power of the State to create wealth by means of the printing press!- You statesmen want to build railways, and complain of the low state of the exchequer? Well, then, do not beg loans from the capitalists and anxiously calculate whether your railways will bring in enough to enable you to pay interest and amortization on your debt. Create money, and help yourselves. — Ludwig Von Mises

This was my world: a world of truly irrational behavior. We spend our way into the poorhouse. We buy giant TVs and iPads. Our children wear nice clothes thanks to high-interest credit cards and payday loans. We purchase homes we don't need, refinance them for more spending money, and declare bankruptcy, often leaving them full of garbage in our wake. Thrift is inimical to our being. We spend to pretend that we're upper class. And when the dust clears - when bankruptcy hits or a family member bails us out of our stupidity - there's nothing left over. Nothing for the kids' college tuition, no investment to grow our wealth, no rainy-day fund if someone loses her job. We know we shouldn't spend like this. Sometimes we beat ourselves up over it, but we do it anyway. — J.D. Vance

Black-on black crime' is jargon, violence on language, which vanishes the men who engineered the covenants, who fixed the loans, who planned the projects, who built the streets and sold red ink by the barrel. — Ta-Nehisi Coates

The invention of the micro-loan was a big surprise to me. Who would have guessed loans of less than $20 made to poor people in undeveloped countries could create thriving local economies? And, even more surprisingly, that they more reliably pay off their debts than the wealthy of the world. — Joel A. Barker

I learned how to lend money by cleaning up the messes of others who had made loans before me. — John Stumpf

Normally, if someone goes bankrupt, you wipe out the debt and get a fresh start. But that's not permitted with student loans. So the effect is to impoverish many graduates with very high debts. — Michael Hudson

There are three types of student: The golden student pays and loans, the silver student pays but does not learn, the bronze student learns but does not pay. — J.C. McKeown

however much such loans may temporarily relieve the situation, the Government is still indebted for the amount of the surplus thus accrued, which it must ultimately pay, while its ability to pay is not strengthened, but weakened by a continued deficit. — George Washington

Indeed, one view of the European debt crisis - the Greek street view - is that it is an elaborate attempt by the German government on behalf of its banks to get their money back without calling attention to what they are up to. The German government gives money to the European Union rescue fund so that it can give money to the Irish government so that the Irish government can give money to Irish banks, so the Irish banks can repay their loans to the German banks. "They are playing billiards," says Enderlein. "The easier way to do it would be to give German money to the German banks and let the Irish banks fail. — Michael Lewis

The crash of 2008 was driven in no small part by unfair practices in the mortgage industry, which led to many consumers becoming trapped in loans they didn't understand and couldn't afford. — Al Franken

In the simplest sense, the key to the performance of any traditional commercial bank ... is the profitability of the loans it makes. — Robert G. Wilmers

And we can see the positive impacts right here at Solyndra. Less than a year ago, we were standing on what was an empty lot. But through the Recovery Act, this company received a loan to expand its operations. This new factory is the result of those loans. — Barack Obama

If bankers can push the loans and make more profits for the bank, they get paid higher bonuses. They often also get stock options. If the bank goes under, they get to keep all of these salaries and options - and the government will bail out the bank. These guys will take their money and run, which is pretty much what they're doing now. — Michael Hudson

The best way for the Government to maintain its credit is to pay as it goes-not by resorting to loans, but by keeping out of debt-through an adequate income secured by a system of taxation, external or internal, or both. — William McKinley

It is hard to be enthusiastic about the economy's prospects when house prices are falling: Households spend less, small business owners can't use homes as collateral for loans and local governments are forced to cut jobs and programs as property-tax revenue disappears. — Mark Zandi

Student debt is crushing the lives of millions of Americans. How does it happen that we can get a home mortgage or purchase a car with interest rates half of that being paid for student loans? We must make higher education affordable for all. We must substantially lower interest rates on student loans. This must be a national priority. — Bernie Sanders

Education is something that should not be organized on a for-profit basis, because in that case its purpose is not really to provide an education. It's not to teach students how to get better work, but how to provide banks with a free giveaway opportunity from the government, by making junk loans that are defaulted on. The effect may be to wreck the futures of the graduates that fall for the false promises that are being made. — Michael Hudson

With stagnant wages and booming consumption, the cash-strapped American masses had a virtually unlimited demand for loans but an uncertain ability to repay them. — Michael Lewis

This is the basis for the most important critique of microfinance. The poor are not entrepreneurs. The idea that more than a few will turn tiny loans into a viable business is simply unrealistic. — Ian Smillie

By late 2008, one out of every five mortgage holders owed more than their homes were worth. The banks called in the loans, and the foreclosure notices piled up. — Elizabeth Warren

But credit card debt is unsecured debt, which means if you get in trouble and cannot pay off your credit card, you can discharge it in bankruptcy. What are they going do to you? If you're in a financial position to just methodically pay off both credit card and student loans, pay them all. — Suze Orman

Nine of 10 whites in Chicago borrow from top-drawer banks and mortgage companies, which the industry calls prime lenders. They lend to people with A credit ratings, making loans at competitive rates. — Bill Dedman

why the rating agencies weren't more critical of bonds underpinned by floating-rate subprime mortgages. Subprime borrowers tended to be one broken refrigerator away from default. Few, if any, should be running the risk of their interest payment spiking up. As most of these loans were structured, however, the homeowner would pay a fixed teaser rate of, say, 8 percent for the first two years, and then, at the start of the third year, the interest rate would skyrocket to, say, 12 percent, and thereafter it would float at permanently high levels. — Michael Lewis

And I think it's that time. And I think if you just step aside and Mr. Romney can kind of take over. You can maybe still use a plane. Though maybe a smaller one. Not that big gas guzzler you are going around to colleges and talking about student loans and stuff like that. — Clint Eastwood

The national defense must be provided for as well as the support of Government; but both should be accomplished as much as possible by immediate taxes, and as little as possible by loans. — John Adams

Slowly, God is opening my eyes to needs all around me. In Scripture, God revisits this issue of caring for the poor- an echo that repeats itself from Genesis to Revelation. The Bible acknowledges that the poor will always be part of society, but God takes on their cause. The Mosaic law of the Old Testament is filled with regulations to prevent and eliminate poverty. The poor were given the right to glean- to take produce from the unharvested edges of the fields, a portion of the tithes, and a daily wage. The law prevented permanent slavery by releasing Jewish bondsmen and women on the sabbatical and Jubilee year and forbade charging interest on loans. In one of his most tender acts, God made sure that the poor- the aliens, widows, and orphans- were all invited to the feasts. — Margaret Feinberg

Private student loans should be avoided at all costs. — Suze Orman

Your credit score affects the interest rates you're offered on credit cards and loans, can be used to vet your job application, and in some states may influence your insurance premiums. — Suze Orman

Microfinance does not require previous experience or loans to the same extent as a small-business loan, so it's easier for women to enter the micro sector. — Gayle Tzemach Lemmon

You're a rule person," he said.
"My sister was a cheater. It sort of became necessary."
"She cheated at this game?"
"She cheated ateverything ," I said. "When we played Monopoly, she always
insisted on being banker,
then helped herself to multiple loans and 'service fees' for every real estate
transaction. I was, like, ten or
eleven before I played at someone else's house and they told me you couldn't do
that."
He laughed, the sound seeming loud in all the quiet. I felt myself smiling,
remembering.
"During staring contests," I said, "she always blinked.Always . But then she'd
swear up and down she
hadn't, and make you go again, and again. And when we played Truth, she lied.
Blatantly. — Sarah Dessen

If there were no government-guaranteed student loans, college tuition would be much lower. — Gary Johnson

Making loans accessible to millions of the previously unbankable customers is a noble goal. Getting them hooked to such loans isn't. — Evgeny Morozov

Laney held up a hand. "I checked it out. He went there on scholarship and paid the rest with student loans. And he's good looking, too. Nate and I met him for dinner last night, and I subtly learned that he's looking to meet someone"
"How did you learn that?"
"I asked him if he was looking to meet someone"
"that is subtle — Julie James

At a time when going to college has never been more important, it's never been more expensive, and our nation's families haven't been in this kind of financial duress since the great depression. And so what we have is just sort of a miraculous opportunity simply by stopping the subsidy to banks when we already have the risk of loans. We can plow those savings into our students. And we can make college dramatically more affordable, tens of billions of dollars over the next decade. — Arne Duncan

The Obama Administration has embraced the policies of George W. Bush, and then gone much further. Wall Street bailouts went ballistic under Obama-$700 billion under Bush, but $4.5 trillion under Obama, plus another $16 trillion in zero-interest loans for Wall Street. — Jill Stein

If there were not derivatives, there would be no bank loans at all today, because people want to get fixed-rate 30-year loans, but banks don't want to keep 30-year loans on their books. — Jeff Greene

Unlike other loans, a reverse mortgage doesn't have to be repaid until the borrower moves out of the home or passes away. — Jean Chatzky

I have fought to protect those benefits that ensure better salaries for teachers across the Nation such as grants to pay off student loans and funding for Teach for America. Still, we must all do more to show our continued appreciation for our Nation's leading role models. — Solomon Ortiz

Some people, they got housing loans, and I think they're responsible for taking a loan they didn't qualify for? — Jon Lovitz

Exploitation thrives when it comes to the essentials, like housing and food. Most of the 12 million Americans who take out high-interest payday loans do so not to buy luxury items or cover unexpected expenses but to pay the rent or gas bill, buy food, or meet other regular expenses. Payday loans are but one of many financial techniques - from overdraft fees to student loans for for-profit colleges - specifically designed to pull money from the pockets of the poor.46 If the poor pay more for their housing, food, durable goods, and credit, and if they get smaller returns on their educations and mortgages (if they get returns at all), then their incomes are even smaller than they appear. This is fundamentally unfair. — Matthew Desmond

A government always finds itself obliged to resort to inflationary measures when it cannot negotiate loans and dare not levy taxes, because it has reason to fear that it will forfeit approval of the policy it is following if it reveals too soon the financial and general economic consequences of that policy. Thus inflation becomes the most important psychological resource of any economic policy whose consequences have to be concealed; and so in this sense it can be called an instrument of unpopular, i.e. of anti-democratic, policy, since by misleading public opinion it makes possible the continued existence of a system of government that would have no hope of the consent of the people if the circumstances were clearly laid before them. That is the political function of inflation. It explains why inflation has always been an important resource of policies of war and revolution and why we also find it in the service of socialism. — Ludwig Von Mises

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

Increasing access to federal student loans has been a bipartisan effort in Washington, one that I have supported. But it has created what many experts believe is a bubble in higher education, not unlike the housing bubble that preceded the financial crisis. — Marco Rubio

Bad credit surgery loans are loan service that is basically meant to assist those borrowers who wish to go for a surgical procedure but they are not having ample amount of funds for financing their surgery. With the assistance of this loan service such borrowers can easily access the desired amount of funds along with the tag of their poor credit. The fund avail from this loan will also assist them to mend their awful credit status. — Mark Terry

The best way to look at any business is from the standpoint of the clients. So there are these certain basic things that aren't going to change. Companies are going to have needs for equity, debt, advice, FX, and derivatives. Individuals are going to have needs for auto loans, mortgages, something that looks like a deposit account, and the ability to send money to people. Those things aren't going to change. — Jamie Dimon

I'm a neurotic Jew who doesn't want loans. I can't even carry a balance on my credit card without having a nervous breakdown. — Duff Goldman

The subprime mortgage machine was up and running again, as if it had never broken down in the first place. If the first act of subprime lending had been freaky, this second act was terrifying. Thirty billion dollars was a big year for subprime lending in the mid-1990s. In 2000 there had been $130 billion in subprime mortgage lending, and 55 billion dollars' worth of those loans had been repackaged as mortgage bonds. In 2005 there would be $625 billion in subprime mortgage loans, $507 billion of which found its way into mortgage bonds. — Michael Lewis

Since 1949, the United States has passed to Israel more than $100 billion in grants and $10 billion in special loans.36 Other bodies not part of the administration annually transfer to Israel $1 billion. This is larger than the amount of money transferred by the United States to North Africa, South America, and the Caribbean put together. — Noam Chomsky

I would get my student loans, get money, register and never really go. It was a system I thought would somehow pan out. — Ray Romano

Whenever someone brings up the traits associated with being a functional human otherwise known as an "adult," I think, is this even possible for me? Probably not, is what I conclude. I mean, I'll eventually pay off my college loans at the age of forty-five by selling what's left of my liver, and I'll probably manage to find sustenance and remember to breathe oxygen constantly. I'll survive. However, for people like me ... There will be years of struggle to keep myself afloat. — Alida Nugent

Since loans are getting more expensive and there's less money available, we're seeing a commensurate decline in growth. Higher costs and lower growth, in turn, translate into lower profits. Figuratively speaking, in the future, we won't be able to run as far or jump as high as we used to. — Paul Achleitner

Selecting garage doors is not same like choosing interior doors of the house. These are very different things. You will be glad to know that there are several choices available for garage doors. Before deciding on the best type of loans which you should buy you will have to know a lot about it first. Always try and have all the basic knowledge so that you can always have the ideal door for your garage.Know more about garage doors at atlanticoceangrp . — Tiffany Wood

Private loans will utilize existing resources and capital far better than government loans. Government loans will waste far more capital and resources than private loans. Government loans, in short, as compared with private loans, will reduce production, not increase it. — Henry Hazlitt

What Wall Street and credit card companies are doing is really not much different from what gangsters and loan sharks do who make predatory loans. While the bankers wear three-piece suits and don't break the knee caps of those who can't pay back, they still are destroying people's lives. — Bernie Sanders

Voters care only that student loans remain freely available and that they cost taxpayers as little as possible. — Timothy Noah

It was not always the case, of course, that navies paid for themselves. In wartime, costs often exceeded revenues, and those deficits grew over time as fleets and armies got bigger. But this was hardly an insurmountable obstacle for the most dynamic economies in the world. The United Provinces and England were able to borrow all they needed to underwrite their defense budgets. The pressures of war gave a powerful impetus to the growth of stocks, bonds, loans, and paper currencies during the late seventeenth and early eighteenth centuries and helped to turn Amsterdam and then London into international financial centers. To take one example, the Bank of England was established in 1694 to raise funds to allow England to wage war against France. — Max Boot

Between the Community Redevelopment Act, requiring banks to make what I would call very weak loans, and specific quotas that the Congress imposed on Fannie Mae and Freddie Mac, that created the market demand that really led to the subprime phenomenon. — Wilbur Ross

It only took Alexis a day to read a five-hundred page book. Fiction stories took her to another world where she could lose herself for a while in someone else's life.
Its funny how things like loans to pay back, a broken home and family, and a future to worry about meant nothing to characters who only had to worry about things like boys, beaches and fun. — Lindsay Chamberlin

The International Monetary Fund basically acted as the world's debt enforcers - "You might say, the high-finance equivalent of the guys who come to break your legs." I launched into historical background, explaining how, during the '70s oil crisis, OPEC countries ended up pouring so much of their newfound riches into Western banks that the banks couldn't figure out where to invest the money; how Citibank and Chase therefore began sending agents around the world trying to convince Third World dictators and politicians to take out loans (at the time, this was called "go-go banking"); how they started out at extremely low rates of interest that almost immediately skyrocketed to 20 percent or so due to tight U.S. money policies in the early '80s; how, during the '80s and '90s, this led to the Third World debt crisis; how the IMF then stepped in to insist that, in order to obtain refinancing, poor countries would be obliged to abandon price supports on — David Graeber

I'm all in favor of banks that play their part in community endeavors, private individuals looking for loans, people who want to start up a little business, and that's what banks are for. — Ian Anderson

Americans are gathering the courage to just say no. We are saying no to addictive consumer lifestyles. We are saying no to wars and corporate takeover and the IMF loans that gobble up people and their resources. — Cynthia McKinney

For too many years, politicians in Washington have been eager to pledge more hard-earned taxpayer dollars to help deal with the student debt load. But this doesn't sit right with the many Americans who take pride in making fiscally responsible choices and paying off their loans on time. — John Kline

At the top of Charlie Ledley's list of concerns, after Cornwall Capital had laid its bets against subprime loans, was that the powers that be might step in at any time to prevent individual American subprime mortgage borrowers from failing. The powers that be never did that, of course. Instead they stepped in to prevent the failure of the big Wall Street firms that had contrived to bankrupt themselves by making a lot of dumb bets on subprime borrowers. After — Michael Lewis

Both HUD and the Department of Justice began bringing lawsuits against mortgage bankers when a higher percentage of minority applicants than white applicants were turned down for mortgage loans. A substantial majority of both black and white mortgage loan applicants had their loans approved but a statistical difference was enough to get a bank sued. — Thomas Sowell

Commercial banks are very good for certain businesses, like loans and guarding other people's money. They're not great investors or entrepreneurs. — John Gutfreund

Back in 1996, 65 percent of subprime loans had been fixed-rate, meaning that typical subprime borrowers might be getting screwed, but at least they knew for sure how much they owed each month until they paid off the loan. By 2005, 75 percent of subprime loans were some form of floating-rate, usually fixed for the first two years. — Michael Lewis

The God who loans you life sees your every move, hears each word you speak, and knows your every thought. And this is a good thing. You are seen by God. Noticed. Known. — Francis Chan

Income tax rules also made borrowing against a home's equity attractive. Because mortgage interest payments can be deducted for income tax purposes, the interest paid on home equity loans could also be deducted, although interest on credit card debt or other debt was not deductible. Therefore it often paid anyone with any other kind of debt to pay off that debt with a home equity loan, whose interest would be deductible for income tax purposes. More and more people began to do this during the housing boom. In 2003, home equity loans totaled $593 billion. Such loans soared during the housing boom, nearly doubling to $1.13 trillion in 2007. — Thomas Sowell

There's more student debt than credit card debt! Everywhere I go, I run into young people trying to build careers while they keep shelling out money on their education loans. If the economy is looking for a new generation of home-buyers, I can't imagine they'll get it from these folks. — Gail Collins

,because if a girl loans you a highlighter she must think you're hot — Rick Yancey

Let's put our money where our mouth is; let's invest in the future by investing in the education of our youth and the re-education of those who need it and aren't so young anymore. It's not charity; it's an investment in the mental, intellectual, and social infrastructure of our country and our planet. Charity is something you give to corporations when they commit crimes of fraud and plunge the world into economic turmoil. — Steve Bivans

Earning money from, and supporting, a system that keeps these people in poverty in the first place and then gives them some of the profits in the form of "strings-attached" aid or World Bank and IMF loans is no more ridiculous than Shell or Esso giving Greenpeace or Friends of the Earth £10,000 to help clear up the destruction that they inevitably cause. Would it not be better not to cause the destruction in the first place? — Mark Boyle

No one ever took charge in my life except me. I was left to fend for myself and for my mother now as well. Her unexpected illness left me with not only my loans but also her clinic bills. My father died in a boating accident. The memory of blood stained water and a frenzied shark had kept me out of the ocean for years. — Lacey Silks

Ending up-front fees should make it far easier for all students to go to university as they will no longer have to pay up to /1,125 out of their loans at the start of each year. Student loans will also rise to meet average living costs. — Anne Campbell

In real markets, agents make bad choices. They are often ignorant, misinformed, and irrational. Yet, markets tend to punish agents for making bad choices, and they tend to learn from their mistakes. For instance, if you fail to pay your bills, your credit rating declines and you have a harder time getting loans. If you fail to do research and buy an unreliable car, you suffer from repair bills. In contrast, when people in government make bad choices, the political process almost never punishes them. Studies show that voters are terrible at retrospective voting - they do not know whom to blame for bad government - and so politicians are not punished for making bad choices. — Jason Brennan

Like many other banks and finance companies, Green Tree used a process called securitization to resell its home loans to outside investors. Green Tree grouped thousands of these small loans into a pool worth hundreds of millions of dollars. — Alex Berenson

The People's Republic of China has not yet reached the military might of the Soviet Empire. It requires a little more time and a little more infusion of Western aid, loans, technology and the hard currency of our tourists. — Barbara Amiel

Indeed, the FHA was born out of the Great Depression, which was also caused in significant part by a foreclosure crisis. Mortgages in the early 1930s were mostly three- to five-year 'bullet' loans, which did not amortize and were due in full at maturity. — Mark Zandi

When the fountains of government [borrowing] abundance began to dry up, when through lack of funds and the impossibility of negotiating fresh loans the state was forced to check the extension of bureaucracy and to put a stop to public works, then and then only did the Italians realize what it meant to have allowed themselves to be made one of the most heavily taxed nations in the world. — John T. Flynn

These settlements [Justice Department with lenders] include requirements that banks lend to minorities at below-market rates and, in effect, dish out cash to politically favored 'community groups.' It's a good bet that many of these loans will eventually go bad. — Mary Kissel

I think what we need is better understanding of how to do risk analysis of a CDO, but that they still can perform a very valuable function because they can aggregate these risks and pass them around so that mortgages or other kinds of loans can be packaged and sold to investors all over the world, who in most times, would justify a small amount of each one. — Robert F. Engle

This is the standard procedure for corporate growth these days; one company buys up another on loans that are floated on the basis of future earnings, and the monopoly or oligopoly created in this way produces the necessary funds by squeezing out competition, and passing the costs along to the consumer. The bucket that holds the new wealth is called a corporation. — Eric Kierans

The problem is that nobody talks about what they make. It's shame disguised as humility. Screw that. I'm a thirty-two-year-old assistant and I make $30,000 a year. — Camille Perri

You're thinking to yourself, 'How is it possible that I am going to pay back $150,000 in student loans? I'm never going to pay that back. What am I going to do?' Listen to me and listen to me good, class of 2013. I want you to think back to all of these things you said to yourself, 'I can't do that. I can't palpate a cow. And what's worse, palpating a cow or taking semen from a horse?' But you did it, didn't you? — Suze Orman

Yeah. No matter what Coach does or doesn't do. Because ... I'm going on my terms. Even if by some miracle he recommends me for the scholarship, I'm not taking it."
That surprises her. "I don't get it."
"That's why I had no choice but to let that pitch go by. I had to prove to myself that I could live without baseball. I can't go to college on their terms. I can't be the ballplayer first and the student second, and if they're giving me an athletic scholarship, believe me - that's what it would be. Athlete-scholar, not the other way around. No one can convince me otherwise.
"So, yeah. I'll have to take out student loans. I'll have to work my ass off. But that's OK. — Barry Lyga

OK, whatever, I was taking out false loans — Joe

Too-easy credit and millions of bad loans made during the U.S. housing bubble paved the way for the financial calamity and Great Recession that followed. Today, by contrast, credit is too tight. Mortgage loans are particularly hard to get, creating a problem for the housing market and the broader economy. — Mark Zandi

the causes of poverty as put forth in the Bible are remarkably balanced. The Bible gives us a matrix of causes. One factor is oppression, which includes a judicial system weighted in favor of the powerful (Leviticus 19:15), or loans with excessive interest (Exodus 22:25-27), or unjustly low wages (Jeremiah 22:13; James 5:1-6). Ultimately, however, the prophets blame the rich when extremes of wealth and poverty in society appear (Amos 5:11-12; Ezekiel 22:29; Micah 2:2; Isaiah 5:8). As we have seen, a great deal of the Mosaic legislation was designed to keep the ordinary disparities between the wealthy and the poor from becoming aggravated and extreme. Therefore, whenever great disparities arose, the prophets assumed that to some degree it was the result of selfish individualism rather than concern with the common good. — Timothy J. Keller