Us Debt Quotes & Sayings

A point must be repeated: only the pathological weakness of the financial memory ... allows us to believe that the modern experience of ... debt ... is in any way a new phenomenon. — John Kenneth Galbraith

The Cross is not simply a lovely example of sacrificial love. Throwing your life away needlessly is not admirable - it is wrong. Jesus' death was only a good example if it was more than an example, if it was something absolutely necessary to rescue us. And it was. Why did Jesus have to die in order to forgive us? There was a debt to be paid - God himself paid it. There was a penalty to be born - God himself bore it. Forgiveness is always a form of costly suffering. — Timothy Keller

I love listening to these guys give us lectures about debt and deficits. I inherited a trillion-dollar deficit ... This notion that somehow we caused the deficits is just wrong. It's just not true ... If they start trying to give you a bunch of facts and figures suggesting that it's true, what they're not telling you is they baked all this stuff into the cake with those tax cuts and a prescription drug plan that they didn't pay for and the wars. — Barack Obama

A global financial cabal engineered a fraudulent housing and debt bubble [2008], illegally shifted vast amounts of capital out of the US; and used 'privatization' as a form of piracy - a pretext to move government assets to private investors at below-market prices and then shift private liabilities back to government at no cost to the private liability holder Clearly, there was a global financial coup d'etat underway. — Catherine Austin Fitts

When President Obama was in the Senate, when he was a U.S. senator, he voted against raising the debt ceiling. And he said it was a lack of leadership that had brought us to this point. — Cathy McMorris Rodgers

As boom- and bust-prone as high finance always has been and remains, the greatest systemic risk to our economy is not Wall Street It's the growing federal debt (and weakening dollar) being enacted by those Washington politicians - the ones who want to protect us from Wall Street. — Tony Blankley

When Christ died on the cross for us, he said, "It is finished" (John 19:30). The Greek word translated "it is finished" was commonly written across certificates of debt when they were canceled. It meant "paid in full". Christ died so that the certificate of debt, consisting of all our sins, could once and for all be marked "paid in full". — Randy Alcorn

Every time we look at the cross Christ seems to say to us, 'I am here because of you. It is your sin I am bearing, your curse I am suffering, your debt I am paying, your death I am dying.' Nothing in history or in the universe cuts us down to size like the cross. — John Stott

I don't know what our government does except put us into debt and blow up other countries. — Madonna Ciccone

While President Bush's tax give-aways for the rich are pushing us further into debt, he compensates by increasing the out-of-pocket costs to our veterans. — Tom Harkin

The debt of gratitude we owe our mother and father goes forward, not backward. What we owe our parents is the bill presented to us by our children. — Nancy Friday

The truth is we need to build an economy going forward with all of us, when we all move forward and the payment of a national debt is not the responsibility of one group of Americans versus another. — Paul Sadler

Always be grateful for your blessings, especially your heritage. When we are blessed with goodly parents, we should be grateful. This is the debt each of us owes for our heritage. — Quentin L. Cook

Let us run up debts. One is nobody without debts. — Muriel Spark

It's easy to let your family suffer for your work. Many of us do this because we see our jobs as a means of maintaining our families. We have thoughts such as 'I need to make more money so that my kids can go to college debt-free.' — Travis Bradberry

Let us pause and reflect upon the many blessings we as Americans have received from our Constitution and the debt of gratitude we owe those heroic signers. As we do so, we might also recognize that freedom is not free. Sacrifice has been required to protect and to preserve the very freedoms we cherish. — Thomas S. Monson

You were always too good for here Feyre. Too good for us, too good for everyone.' He squeezed my hand. 'If you ever escape, ever convince them that you've paid the debt, don't return. — Sarah J. Maas

We preach free enterprise capitalism. We believe in it, we give our lives in war for it, but the closest most of us come to profiting from it are a few miserable shares of stock in a company that doesn't pay large enough dividends to keep a small mouse in cheese. The truth is, most of us are job serfs. At a time when invested capital returns 20 to 30 percent, we have no capital. We only have our wages and salaries, and a debt so high that something like 20c on every dollar we earn is spent to pay off what we owe. — Nicholas Von Hoffman

Our culture teaches us about shame - it dictates what is acceptable and what is not. We weren't born craving perfect bodies. We weren't born afraid to tell our stories. We weren't born with a fear of getting too old to feel valuable. We weren't born with a Pottery Barn catalog in one hand and heartbreaking debt in the other. Shame comes from outside of us - from the messages and expectations of our culture. What comes from the inside of us is a very human need to belong, to relate. — Brene Brown

Jesus did not pay the penalty for our misdeeds so we can continue disobeying God with abandon; rather, in dying on the cross, Jesus not only canceled our spiritual debt but also cured our spiritual disease. When we put our trust in Christ, He forgives our sins and also begins the work of changing us from the inside to become holy and loving like Him, and like God our Father. Jesus does this through the Holy Spirit, whom He sent. Salvation by grace does not mean we stay impure sinners forever. Rather, it means that God forgives all our sins and does for us what we cannot do for ourselves by paying the penalty for our sins and working to eliminate sin from our lives. He does this in two stages: while we are mortal, the Holy Spirit changes our hearts so that we begin to live in a way that is more pleasing to God, even though we still commit sin; and then in the resurrection at the end of history, we will be made morally and spiritually perfect beings. — Nabeel Qureshi

I'm a true reactionary. Like all patricians, I'd like to restore the original republic, which we lost 40 years ago when Harry Truman imposed the national security state on us, which has kept us at war, hot or cold, for almost half a century, and it's got us $4 trillion into debt. — Gore Vidal

We are mortgaging ourselves to foreigners on a scale that would make George Washington cry. Every day - every single day - we borrow a billion dollars from foreigners to buy petroleum from abroad, often from countries that hate us. We are the beggars of the world, financing our lavish lifestyle by selling our family heirlooms and by enslaving our progeny with the need to service the debt. — Ben Stein

Music is the one thing on this earth that allows us to be truly free.
Music has no boundaries or rules and never asks for anything in return, only that you listen to it.
It can make you cry tears that you thought you never had.
It can also inspire you to fight on, when all hope is lost.
For that, I am forever in your debt — Harry

If the world charged us for its labor,
we would be perpetually in debt.
If the sun charged the world for its labor,
the world would be continually in debt.
If the universe charged the sun for its labor,
the sun would be incessantly in debt.
If the God charged the universe for His labor,
the universe would be eternally in debt. — Matshona Dhliwayo

All of us are responsible to provide for ourselves and our families in both temporal and spiritual ways. To provide providently, we must practice the principles of provident living: joyfully living within our means, being content with what we have, avoiding excessive debt, and diligently saving and preparing for rainy-day emergencies. When we live providently, we can provide for ourselves and our families and also follow the Savior's example to serve and bless others. — Robert D. Hales

If Americans are frustrated with Congress, imagine their frustration with a group of international bank officials running our ecomomy-bankers who may not have as their motive either to see us out of debt to them or to strengthen our economy, society, international influence, or other elements of our way of life. — Oliver DeMille

We have managed to acquire $13 trillion of debt on our balance sheet. In my view we have nothing to show for it. We haven't invested in our roads, our bridges, our waste-water systems, our sewer systems. We haven't even maintained the assets that our parents and grandparents built for us. — Michael Bennett

History tells us that the threat to prosperity is not debt but socialism. — George Gilder

The same system that once gave us subprime mortgage collateralized debt obligations no investor could possibly truly understand now gave us stock market trades that occurred at fractions of a penny at unsafe speeds using order types that no investor could possibly truly understand. — Michael Lewis

I see the way you look at me. I feel the way you touch me. I hear the hidden messages in your voice. Unlike you, I've been blessed knowing the warmth that comes with love. The way a person's eyes glow and body softens. You love me! And if you can stand there and deny it - when it's so blatantly obvious - then there really is no hope for us. You might as well march me outside and complete the Final Debt, because I'd rather you kill me quickly than live through this endless death!-Nila — Pepper Winters

The primary factor that enables our government to peddle economic snake oil is the dollar's unique role as the world's reserve currency, and our creditors' willingness to preserve its status. By buying up dollars and loaning them back to us through Treasury debt, productive countries give American politicians cart blanche to play Santa Claus. — Peter Schiff

Human beings owe a debt of love to one another because there is no other method of paying the debt of love and care which all of us owe to providence. — Nathaniel Hawthorne

Republicans drove us into debt with two wars and the Bush tax cuts. Now they want to pay for that debt with cuts to Social Security, Medicare and Medicaid. This is not only immoral it is bad economics. Why do Republicans always have money for war but not for those in need? — Bernie Sanders

I will never forget, one day [when I] was six years old and I was playing beside the road and this plantation owner drove up to me and stopped and asked me, could I pick cotton.' I told him I didn't know and he said, Yes, you can. I will give you things that you want from the commissary store,' and he named things like crackerjacks and sardines--and it was a huge list that he called off. So I picked the 30 pounds of cotton that week, but I found out what actually happened was he was trapping me into beginning the work I was to keep doing and I never did get out of his debt again. My parents tried so hard to do what they could to keep us in school, but school didn't last four months out of the year and most of the time we didn't have clothes to wear. — Fannie Lou Hamer

Julia progresses from cradle to grave, showing how government makes every good thing in her life possible. The weak economy, high unemployment, falling wages, rising gas prices, the national debt, the insolvency of entitlements - all these are fictionally assumed away in a cartoon that is produced by a president who wants us to forget about them. — Mitt Romney

Environmental concern is a little like dieting or paying off credit-card debt - an episodically terrific idea that burns brightly and then seems to fade when we realize there's a reason we need to diet or pay down our debt. The reason is that it's really, really hard, and too many of us in too many spheres of life choose the easy over the hard. — Jon Meacham

If the US Government was a family - they would be making $58,000 a year, spending $75,000 a year, & are $327,000 in credit card debt. They are currently proposing BIG spending cuts to reduce their spending to $72,000 a year. These are the actual proportions of the federal budget & debt, reduced to a level that we can understand. — Dave Ramsey

The Savior's suffering in Gethsemane and His agony on the cross redeem us from sin by satisfying the demands that justice has upon us. He extends mercy and pardons those who repent. The Atonement also satisfies the debt justice owes to us by healing and compensating us for any suffering we innocently endure. — D. Todd Christofferson

To be "in Christ" is to place one's trust in Him for salvation from sin. To be "in Christ" is to trust His goodness, not our own; to trust that His sacrificial death on the cross paid the complete debt of death we owe for our sin; to trust that His resurrection gives us eternal life instead of relying upon our own ability to please God. To be "in Christ" is to claim, by faith, the free gift of salvation. To be "in Christ" is to enjoy a completely restored relationship with our Father in heaven by virtue of His Son's righteous standing. — Charles R. Swindoll

A private central bank issuing the public currency is a greater menace to the liberties of the people than a standing army. We must not let our rulers load us with perpetual debt. — Thomas Jefferson

I think there needs to be a meeting to set an agenda for more meetings about meetings. — Jonah Goldberg

I am your brother. I was supposed to be your brother before either of us was born. Karmic debt. It appears I was Vlad the Impaler or Genghis Khan in a past life. — Rob Thurman

In FY 2006, interest payments alone on the national debt cost us $406 billion ... What a waste ... That $406 billion is pathetically squandered on interest, just because we lacked the discipline to pay our bills when due. — Bill Press

We all crave latitude in life, yet simultaneously dig ourselves deeper into domestic entrapment. We may dream of traveling light but accumulate as much as we can to keep us burdened and rooted to one spot. And we have no one to blame but ourselves. Because-though we all muse on the theme of escape-we stil find the notion of responsibility irresistible. The career, the house, the dependents, the debt-it grounds us. Provides us with a necessary security, a reason to get upin the morning. It narrows choice and ergo, gives us certainty. And though just about every man I know rails against being so cul-de-saced by domesic burden, we all embrace it. Embrace it with a vengeance. — Douglas Kennedy

Nowadays this is the way everyone loves himself; people wish to live with God in consolations and repose, in wealth and power, and to share the fruition of his glory. We all indeed wish to be God with God, but God knows there are few of us who want to live as men with his Humanity, or want to carry his cross with him, or want to hang on the cross with him and pay humanity's debt to the full. — Hadewijch

Civilization has given us enormous successes: going to the moon, technology. But then this is the civilisation that took us to debt, environmental crisis, every single crisis. We need a civilization where we say goodbye to these things. — Muhammad Yunus

Why do our parents have the ability to make us feel like children even when our hair is graying and we have a mortgage that feels like a Third World debt? (135) — Michael Robotham

Student loans have been helpful to many. But they offer neither incentive nor assistance to those students who, by reason of family or other obligations, are unable or unwilling to go deeper into debt ... It is, moreover, only prudent economic and social policy for the public to share part of the costs of the long period of higher education for those whose development is essential to our national economic and social well-being. All of us share in the benefits - all should share in the costs. — John F. Kennedy

Washington's insatiable desire to spend our children's inheritance on failed stimulus plans and other misguided economic theories have given record debt and left us with far too many unemployed. — Rick Perry

A little patience, and we shall see the reign of witches pass over, their spells dissolve, and the people, recovering their true sight, restore their government to its true principles. It is true that in the meantime we are suffering deeply in spirit, and incurring the horrors of a war and long oppressions of enormous public debt ... If the game runs sometime against us at home, we must have patience till luck turns, and then we shall have an opportunity of winning back the principles we have lost, for this is a game where principles are at stake. — Thomas Jefferson

We are lost; waiting tables at Denny's or forgetting ourselves stripping on poles, or working at a coffee shop misplaced in history or slowly dying on the inside as a secretary or landscaping lawns out of desperation working jobs with no futures, like bartending. The next generation of teachers, historians, lawyers, police officers and civil engineers work at this bar because the money can not be passed up, when you're drowning in debt. The world brings us to our knees and we service it because it nourishes us just enough to get by. We are tired and we don't understand why. We, the over educated searching for happiness at the bottom of the bottle. — Matthew Zorich

Two days after his twelfth birthday, a fortnight before his father was jailed for debt, Charles Dickens was sent to work in a blacking factory. There, in a rat-infested room by the docks, he sat for twelve hours a day, labelling boot polish and learning the pain of abandonment. While he never spoke publicly of this ordeal, it would always be with him: in his social conscience and burning ambition, in the hordes of innocent children who languished and died in his fiction.
Pete thinks we all have a blacking factory: some awful moment, early on, when we surrender our childish hearts as surely as we lose our baby teeth. And the outcome can't be called. Some of us end up like Dickens, others like Jeffrey Dahmer. It's not a question of good or evil, Pete believes. Just the random brutality of the universe and our native ability to withstand it. — Armistead Maupin

The best way we can honor the pioneers - the best way for us to repay our debt of gratitude to them - goes beyond making and hearing speeches, marching in parades, or attending fireworks celebrations.
The best way we can show our gratitude is by incorporating into our own lives the faithfulness to God's commandments, the compassion and love for our fellowmen, the industry, optimism, and joy the pioneers demonstrated so well in their own lives. — President Dieter F. Uchtdorf

Too many of us never understand what we owe to our dear ones until there remains no further opportunity of paying love's debt. — J.R. Miller

It's not about what the speaker wants. It's not about necessarily what I want. There's two other principles involved here. It's what the constituents in my district want, and they didn't want to raise the debt ceiling unless there were significant structural reforms and spending cuts to help us balance our budget. — Tim Huelskamp

I am fighting for those middle-class families who want us to deal with our debt and deficit, but they also want the investments that are critical to our country moving forward. — Patty Murray

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. — Henry Hazlitt

What's in here? That hurt." He reached into the bag, frowning. "It better not be body parts." He pulled out the huge cinnamon roll and eyed it. "Ay, caramba. My village will not starve this year. We are very grateful, grasshopper." He bowed, holding up the pastry. "A debt repaid is a blessing on us all, my child. — Jeff Lindsay

Learn how to prioritize all your debt. And did you know student loan debt is the most dangerous debt any of us can have? — Suze Orman

Credit and debt keep us fixated on the past and the future. — Mark Sundeen

Let us, above all, be clear that, without a convincing program of debt relief to start the new millennium, our objective of halving world poverty by 2015 will be only a pipe dream. — Kofi Annan

In general, the deployment of austerity as economic policy has been as effective in bringing us peace, prosperity, and crucially, a sustained reduction of debt, as the Mongol Golden Horde was in furthering the development of Olympic dressage. — Mark Blyth

Ironically, many people can't afford to give precisely because they're not giving. If we pay our debt to God first, then we will incur His blessing to help us pay our debts to men. But when we rob God to pay men, we rob ourselves of God's blessing. — Randy Alcorn

We're heading for a gov. shutdown. This is serious. W/o the gov who will fail to inspect our airplanes? Who will fail to secure our borders? Who will put us 14 trillion dollars in debt? — Jay Leno

AL QAEDA SPENT ABOUT $500,000 TO PRODUCE 9/11, WHEREAS THE direct losses of that day's destruction plus the costs of the American response to the attacks were $3.3 trillion. In other words, for every dollar Al Qaeda spent planning and executing the attacks, the United States spent $7 million.1 The costs of 9/11 equal one-fifth of the US national debt. In 2006, Hezbollah fired a precision-guided cruise missile at an Israeli ship — Moises Naim

If there is anything in us, it is not our own; it is a gift of God. But if it is a gift of God, then it is entirely a debt one owes to love, that is, to the law of Christ. And if it is a debt owed to love, then I must serve others with it, not myself.
Thus my learning is not my own; it belongs to the unlearned and is the debt I owe them ... My wisdom belongs to the foolish, my power to the oppressed. Thus my wealth belongs to the poor, my righteousness to the sinners ...
It is with all these qualities that we must stand before God and intervene on behalf of those who do not have them, as though clothed with someone else's garment ... But even before men we must, with the same love, render them service against their detractors and those who are violent toward them; for this is what Christ did for us. — Martin Luther

The American people are fed up ... with political posturing.' True, but also an example of political posturing. — James Taranto

No one would argue that we owe a debt of gratitude to the Goliath Corporation. They helped us to rebuild after the Second War and it should not be forgotten. Of late, however, it seems as though the Goliath Corporation is falling far short of its promises of fairness and altruism. We are finding ourselves now in the unfortunate position of continuing to pay back a debt that has long since been paid
with interest ... — Jasper Fforde

There's an old play on the word justified: "just-as-if-I'd never sinned." But here's another way of saying it: "just-as-if-I'd always obeyed." Both are true. The first refers to the transfer of our moral debt to Christ so we're left with a "clean" ledger, just as if we'd never sinned. The second tells us our ledger is now filled with the perfect righteousness of Christ, so it's just as if we'd always obeyed. That's why we can come confidently into the very presence of God (Hebrews 4:16; 10:19) even though we're still sinners - saved sinners to be sure, but still practicing sinners every day in thought, word, deed, and motive. — Anonymous

The Mexican debt crisis, Latin American debt crisis, the crises of the 1990s, the Wall Street stock market crash, and other events should have reminded us, and did remind us, that financial instability remains a concern, remains a problem. — Ben Bernanke

Bankruptcy is a sacred state, a condition beyond conditions, as theologians might say, and attempts to investigate it are necessarily obscene, like spiritualism. One knows only that he has passed into it and lives beyond us, in a condition not ours. — John Updike

Last night, I had a telephone townhall for my constituents back in Vermont, and we had 11,500 people on it. And I had people on Social Security saying if getting fewer benefits will help us on the debt, they're for it. And I had a farmer saying that he's had subsidies for 35 years but we can't afford them anymore. — Peter Welch

There is nothing that anyone can get past a forty-five-year-old woman." We laugh hard, the first honest sound I make that afternoon, or in many days, each of us feeling the ravages of experience, our debt to enduring. We are not to be fucked with. We rule. Even as we age and help our children push past us, as we worry about the estimate for the roof, forget things we meant to do, regard our widening bodies, we rule. We've returned again and again to our original selves for another look; we have refined our purpose. Changes we thought we'd been resisting have anyway been wrought, and they have made us unbreakable. — Susanna Sonnenberg

To it that no one takes you captive by philosophy and empty deceit, according to human tradition, according to the elemental spirits[1] of the world, and not according to Christ. 9For in him the whole fullness of deity dwells bodily, 10and you have been filled in him, who is the head of all rule and authority. 11In him also you were circumcised with a circumcision made without hands, by putting off the body of the flesh, by the circumcision of Christ, 12 having been buried with him in baptism, in which you were also raised with him through faith in the powerful working of God, who raised him from the dead. 13 And you, who were dead in your trespasses and the uncircumcision of your flesh, God made alive together with him, having forgiven us all our trespasses, 14by canceling the record of debt that stood against us with its legal demands. This he set aside, nailing it to the cross. — Anonymous

Trusting in Jesus requires that you surrender every competing hope. For the Israelites, it was the call to abandon the worship of any other god and entrust their lives to the one true God (see Ex. 20:3). For the disciples Peter, James, and John, it meant surrendering their livelihoods as fishermen the moment after pulling in their most profitable catch ever and following Jesus (Luke 5:11). For each of us, it means trusting his promise of forgiveness and not working to try to pay off our own debt. It means trusting his cleansing and not hiding in shame (1 John 1:9). It means clinging to God's steadfast love, his grace upon grace to us in Jesus Christ, as our only hope, the only true remedy against idolatry.40 — Mike Wilkerson

Pain and fear and hunger are effects of causes which can be foreseen and known: but sorrow is a debt which someone else makes for us. — Freya Stark

The absence of life is not the same as material privation: we will never again see the same soul occupying the same space. The world refers to them as pets, but that is what we do, not really what they are. Affection pays for itself in proportion to the love we offer, and if the love we lavished on him was any indication, we are inconsolable. The suffering is more on our side now, for he led an enormously happy and productive life, and we are left to remember and agonize. It is all wretchedness now. Grief is the currency for death, leaving us in emotional debt perhaps forever, but love is the tax we happily pay toward the investment of another's company, and we would all rather pay it and be happy and poor than be rich in a friendless life. He is gone, and we are now beholden to him, but we are so much happier for his having been here than we deserve to be.
On the death of Ted, beloved cat — Michelle Franklin

I give it a fifty-fifty chance of total failure. If Kai refuses to repay a debt he legitimately owes, he'll be dishonoured in front of his entire Flight. Thunderbirds always avenge their dead, honour their word, and pay their debts. Those seem to be the only laws they have." Based on what little time I'd spent with them.
Marc frowned. "It's the 'legitimately owes' part that worries me."
"Thus the fifty-fifty shot of failure." I stared up at the nest, watching for any sign of activity. "It all depends on whether or not I'm able to bullshit him into thinking he owes us."
"The odds are always in your favour when bullshit's involved." Jace grinned, and I couldn't help returning his smile. — Rachel Vincent

The baby boomers owe a big debt of gratitude to the parents and grandparents - who we haven't given enough credit to anyway - for giving us another generation. — Steven Spielberg

Of course I'm troubled by huge consumer debt levels - we've pushed consumer credit very hard in the US. Eventually, if it keeps growing, it will stop growing. As Herb Stein said, "If something cannot go on forever, it will stop." When it stops, it may be unpleasant. Other than Herb Stein's quote, I have no comment. But the things that trouble you are troubling me. — Charlie Munger

Under its current form, that is imperialism-controlled, debt is a cleverly managed re-conquest of Africa, aiming at subjugating its growth and development through foreign rules. Thus, each one of us becomes the financial slave, which is to say a true slave ... — Thomas Sankara

I will always vote what I have promised, and always vote the Constitution, as well as I will not vote for one single penny that isn't paid for, because debt is the monster, debt is what's going to eat us up and that is why our economy is on the brink. — Ron Paul

It doesn't worry me a bit that China and Japan hold so much US debt. In a way, it seems foolish for them to do it because they get lower returns than they might elsewhere. But that is their business. — Milton Friedman

Let no one take the limited, narrow position that any of the works of man can help in the least possible way to liquidate the debt of his transgression. This is a fatal deception. If you would understand it, you must cease haggling over your pet ideas, and with humble hears survey the atonement.
This matter is so dimly comprehended that thousands upon thousands claiming to be sons of God are children of the wicked one, because they will depend on their own works. God always demanded good works, the law demands it, but because man placed himself in sin where his good works were valueless, Jesus' righteousness alone can avail. Christ is able to save to the uttermost because He ever liveth to make intercession for us.
All man can possibly do toward his own salvation is to accept the invitation, Whosoever will, let him take of the water of life freely. — Ellen G. White

Currently we're suffering from the fear instilled into Americans that another 9/11 is just around the corner. We've also been brainwashed into believing the Federal Reserve just saved us from a total financial collapse in the past seven years even though the Fed was one of the most important causes of the crisis. To deal with the threats of another attack and another financial crisis we are expected to complacently accept endless spending, endless debt, endless bailouts, endless inflation by the Federal Reserve, endless spending by the Congress, and even endless war. — Ron Paul

And to preserve their independence, we must not let our rulers load us with perpetual debt. We must make our election between economy and liberty, or profusion and servitude. If we run into such debts, as that we must be taxed in our meat and in our drink, in our necessaries and our comforts, in our labors and our amusements, for our callings and our creeds, as the people of England are, our people, like them, must come to labor sixteen hours in the twenty-four, give the earnings of fifteen of these to the government for their debts and daily expenses; and the sixteenth being insufficient to afford us bread, we must live, as they now do, on oatmeal and potatoes; have no time to think, no means of calling the mismanagers to account; but be glad to obtain subsistence by hiring ourselves to rivet their chains on the necks of our fellow-sufferers. — Thomas Jefferson

They must first judge themselves, that presume to censure others: And such will not be apt to overshoot the Mark. We are too ready to retaliate, rather than forgive, or gain by Love and Information. And yet we could hurt no Man that we believe loves us. Let us then try what Love will do: For if Men did once see we Love them, we should soon find they would not harm us. Force may subdue, but Love gains: And he that forgives first, wins the [Laurel]. If I am even with my Enemy, the Debt is paid; but if I forgive it, I oblige him for ever. [From Fruits of Solitude, 1693] — William Penn

The Bible is clear about two principles: (1) We always need to forgive, but (2) we don't always achieve reconciliation. Forgiveness is something that we do in our hearts; we release someone from a debt that they owe us. We write off the person's debt, and she no longer owes us. We no longer condemn her. She is clean. Only one party is needed for forgiveness: me. The person who owes me a debt does not have to ask my forgiveness. It is a work of grace in my heart. — Henry Cloud

Alan Greenspan assures us that home prices are not prone to bubbles - or major deflations - on any national scale," he'd said. "This is ridiculous, of course ... . In 1933, during the fourth year of the Great Depression, the United States found itself in the midst of a housing crisis that put housing starts at 10% of the level of 1925. Roughly half of all mortgage debt was in default. — Michael Lewis

We prefer: large purchases (at least $5 million of after-tax earnings), demonstrated consistent earning power (future projections are of little interest to us, nor are "turn-around" situations), businesses earning good returns on equity while employing little or no debt, management in place (we can't supply it), simple businesses (if there's lots of technology, we won't understand it), an offering price (we don't want to waste our time or that of the seller by talking, even preliminarily, about a transaction when price is unknown). — Warren Buffett

For many of us gratitude to others comes with a sense of debt that can never be fully paid and therefore the things we are thankful for are never really ours. — Michael Josephson

I hope that the United States would cooperate with the partners to reduce its debt. The debt is a problem. The debt is with you, but unfortunately, the debt is not only with you but with us and with the rest of the world because we all, one way or another, are dependent on the dollar. — Sergei Lavrov

Has Christ provided such a blessed banquet for us? He does not nurse us abroad - but feeds us with His own breast - nay, with His own blood! Let us, then, study to respond to this great love of Christ. It is true, we can never parallel His love. Yet let us show ourselves thankful. We can do nothing satisfactory - but we may do something out of gratitude. Christ gave Himself as a sin-offering for us. Let us give ourselves as a thank-offering for Him. If a man redeems another out of debt - will he not be grateful? How deeply do we stand obliged to Christ - who has redeemed us from hell! — Thomas Watson

Like all other self-respecting peoples, we have no intention of paying our debts. Or, to be more nearly accurate, the capitalists who expect to exploit us " for all time and eternity " have no intention of permitting us to pay our debts. They trump up new schemes to cause us to go more deeply into their debt. They intoxicate us with the strong fumes of "world power." They tell us how fine a thing it is to be reckoned among the great nations of the world. They cause us to maintain great military establishments and to build more and greater dreadnoughts. Thirty years ago we spent almost nothing on the navy and little more on the army. Now we are spending $300,000,000 a year on the army and navy. Almost a million dollars every week-day. Sixty-five cents of every dollar that is raised by the American government by taxation is spent for wars past or to come - for pensions, battleships or soldiers. — Anonymous

The reality for us in America is that we will never get out of debt with more than 15 million people out of work. — Debbie Stabenow

I find something repulsive about the idea of vicarious redemption. I would not throw my numberless sins onto a scapegoat and expect them to pass from me; we rightly sneer at the barbaric societies that practice this unpleasantness in its literal form. There's no moral value in the vicarious gesture anyway. As Thomas Paine pointed out, you may if you wish take on a another man's debt, or even to take his place in prison. That would be self-sacrificing. But you may not assume his actual crimes as if they were your own; for one thing you did not commit them and might have died rather than do so; for another this impossible action would rob him of individual responsibility. So the whole apparatus of absolution and forgiveness strikes me as positively immoral, while the concept of revealed truth degrades the concept of free intelligence by purportedly relieving us of the hard task of working out the ethical principles for ourselves. — Christopher Hitchens

We rarely use much debt and, when we do, we attempt to structure it on a long-term fixed rate basis. We will reject interesting opportunities rather than over-leverage our balance sheet. This conservatism has penalized our results but it is the only behavior that leaves us comfortable, considering our fiduciary obligations to policyholders, depositors, lenders and the many equity holders who have committed unusually large portions of their net worth to our care. — Warren Buffett

Let us be very gentle with our neighbors' failings, and forgive our friends their debts as we hope ourselves to be forgiven. — William Makepeace Thackeray

We would be somewhat foolish to work out something on stopping us from going over the cliff and then a month or six weeks later Republicans pull the same game they did before and say, 'We're not going to do anything - unless this happens, we're not going to agree to increasing the debt ceiling.' I agree with the president, it has to be a package deal. — Harry Reid

Nothing belongs to us, not even ourselves. But the exchange rate is unbelievable. All of our sin is transferred to Christ's account, and all of His righteousness is transferred to our account. God cancels our debt, writes us into His will, and calls it even! — Mark Batterson