Treasury Direct Quotes & Sayings

Gold standard, which the United States had dropped in 1933. Ever since, the Treasury had been printing money freely to finance first the New Deal and now the war. Howard feared that someday the United States might wind up like Germany in the 1920s, when people had to cart wheelbarrows of money down the street to buy a head of cabbage - the direct result of Germany being forced to deplete its gold stock to pay reparations after World War I.1 The economic chaos that resulted was one of the major factors that had led to Hitler. — Alice Schroeder

Discipline and keen insight had once again served Lincoln most effectively. By regulating his emotions and resisting the impulse to strike back at Chase when the circular first became known, he gained time for his friends to mobilize the massive latent support for his candidacy. Chase's aspirations were crushed without Lincoln's direct intrusion. He had known all along that his treasury secretary was no innocent, but by seeming to accept Chase's word, he allowed the secretary to retain some measure of his dignity while the country retained his services in the cabinet. Lincoln himself would determine the appropriate time for Chase's departure. — Doris Kearns Goodwin

Green recorded these initial thoughts about government: "Either the people will pay direct taxes, or they will pay none if they know it; and if they don't know when they pay taxes, it is quite time for the prudent, economical administration of government that they did. The Treasury should just supply the moderate wants of the administration of government; an overflowing treasury brings with it corruption and fraud. It has been the curse of nations, and, profiting by the experience of the past, it becomes the present to avoid the instruments of their overflow. — Michael Rubbinaccio

What is Big Government but the Executive's cocaine dream, an activity devoted solely to jockeying for position, in which he may find license for malversation, and may take the company treasury and direct it toward those people who will support his continued incumbency--it is within the law. Its street name is 'earmarks,' but it is theft. — David Mamet

The Treasury plan is a disgrace: a bailout of reckless bankers, lenders and investors that provides little direct debt relief to borrowers and financially stressed households and that will come at a very high cost to the US taxpayer. And the plan does nothing to resolve the severe stress in money markets and interbank markets that are now close to a systemic meltdown. — Nouriel Roubini

The top group of fundraisers for Mr. Obama raised $457,834 for his 2008 campaign - and were approved for federal grants and loans of $11.4 billion, according to the Government Accountability Institute. Selling access to the federal treasury has been a great way for Democrats to raise campaign funds. Since 1989, according to an analysis by Gateway Pundit, big donors have provided $416 million more in direct contributions to Democrats than Republicans. — Jack Kelly