Quotes About Debt

The entitlement state has driven us into insolvency.

You know, Bob, school is school, one of those life experiences we kids all have to get through in order to become you. Then we wonder what all the fuss was about, especially while we're cleaning up your little messes: toxic waste, war, bank bailouts. Honestly, if we ran up debt the way you guys do? You'd ground us, take away our cells, and make us clean toilets with a toothbrush until we'd pay back every penny.

In the end, we all have to decide what we're willing to give up for payback. We all have parents or grandparents or children who will need us. Agonizing decisions sometimes. You have to weigh the memories and debt against what's being taken from you.

If you owe the bank $100, that's your problem. If you owe the bank $100 million, that's the bank's problem.

It worries me. I don't want you in debt, workin' yourself into an early grave because of me. You're young. You should be out enjoyin' your life,

Pay? I've forgotten how!

We live in debt to those who have served and died, a debt tallied in blood. And too often our political leaders who commit our young men, and now young women, into war do not take this truth into account with an adequate fullness of measure.

Smith apparently did not submit his own land in Harmony, Pennsylvania, to the Law of Consecration. Prior to leaving Harmony, Smith made the final payment for the property to Isaac Hale, his father-in-law, by borrowing money from George H. Noble & Co. for $190.95. This debt was satisfied before June 3, 1831, but it is unknown where Smith got the funds. Sometime before June 1833, Smith sold the Harmony land to Joseph McKune for $300. What happened to this money is also unknown.37

You cannot spend your way out of recession or borrow your way out of debt.

We borrow 40 cents out of every dollar that we spend. We borrow most of it from countries like China. They have become major creditors of the United States and have more power over our economy than we want them to. So dealing with this is not only the right thing economically, it's certainly right from a moral viewpoint.

We owe an historic debt to American Indians. They have a unique set of concerns that haven't been addressed, and I'd like to stand with them. Also, I'd like to get their views on immigration.

I wrote this 12-page 'Luke Cage' comic book for Marvel once, and I got to create a villain. His name was Lone Shark, so there was this running thing of whether it was spelled L-O-A-N or L-O-N-E. I like the idea of 'I'm a lone shark,' and then people are like, 'You are here to collect a debt?'

I refer, of course, to the debts our nation has amassed for itself over decades of indulgence. It is the new Red Menace, this time consisting of ink. We can debate its origins endlessly and search for villains on ideological grounds, but the reality is pure arithmetic.

Debt, we've learned, is the match that lights the fire of every crisis. Every crisis has its own set of villains - pick your favorite: bankers, regulators, central bankers, politicians, overzealous consumers, credit rating agencies - but all require one similar ingredient to create a true crisis: too much leverage.

I'm witnessing the problems that the federal government is passing down in terms of drones, in violation of our civil liberties, spying on our citizens, death panels in the form of the government taking over the health care system and the national debt they're just saddling our grandchildren with.

After high school, I attended the Virginia Military Institute and then Eastern Virginia Medical School - both great public schools that prepared me well for my career as a physician and didn't saddle me with a load of debt.

Argentina is in a virtual, hidden default.

No 22-year-old should have to enter the real world already in a virtual debtors' prison.

Believe me, 'tis a godlike thing to lend; to owe is a heroic virtue.

If you default on your Visa bill, nobody comes to repossess your refrigerator or auction off your shoes. The biggest penalty you'll face is trouble getting future credit.

I carry cash around with me all the time as I like buying dancers I'm working with snacks and drinks, but I also use my Amex card and a Coutts Visa card, which I always pay off in full every month. I hate the idea of being in debt.

Nature is strictly moral. There is no attempt to cheat the Earth my means of steel vault of bronze coffin. I hope that when I die I too may be permitted to pay at once my oldest outstanding debt, to restore promptly the minerals and salts that have been lent to me for the little while that I have use for blood and bone and flesh.

We scold and criticize ourselves endlessly. We mistreat our bodies with food, alcohol, and drugs. We choose to believe we are unlovable. We are afraid to charge a decent price for our services. We create illnesses and pain in our bodies. We procrastinate about things that would benefit us. We live in chaos and disorder. We create debt and burdens. We attract lovers and mates who belittle us or abuse us.

When an offense occurs, a debt is owed. You have heard it said, "He'll pay for this." So forgiveness is like the cancellation of a debt.