Quotes About Debt

Victims don't want to be proactive about changing—they want to be proactive about making sure that the person who hurt them pays. And so we spend our energy telling our sad stories rather than taking responsibility for our behavior. Thus we open the door of our hearts and welcome in the Trojan horse of bitterness. And it stands there, a monument, a constant reminder of a debt someone has yet to pay. Somebody owes us.

God sees your sin as a debt you can't pay. There is no point in asking you to. To think that being good will somehow makes you square with God would be like Allie promising to clean up her room after being confronted with the damage she did to my car. Cleaning up her room doesn't pay me back. It's a nice gesture, but it doesn't fix my car.

The root of anger is the perception that something has been taken. Something is owed you, and now a debt to debtor relationship has been established.

We, being the Western world, wouldn't let Russia off the hook on debt. So there were demands on debt servicing in the early days until they ran out of reserves. There was no real aid program, just a fictional aid program.

The U.K.'s debt belongs legally to Westminster, so Scotland, by definition, can't default on it.

You do not want to get your debt ratio out of whack.

I think the whole issue of a debt ceiling makes no sense to me whatsoever. Anybody who is remotely adroit at arithmetic doesn't need a debt ceiling to tell you where you are.

If we weren't running deficits, if we weren't spending more than we were taking in, there would be no reason whatsoever to increase the debt ceiling.

The inflated imitations of gold and silver, which after the rapture are thrown into the fire, all is exhausted and dissipated by the debt. All scrips and bonds are wiped out. At the fourth pillar dedicated to Saturn, split by earthquake and flood: vexing everyone, an urn of gold is found and then restored.

Debt is a trap, especially student debt, which is enormous, far larger than credit card debt. It's a trap for the rest of your life because the laws are designed so that you can't get out of it. If a business, say, gets in too much debt, it can declare bankruptcy, but individuals can almost never be relieved of student debt through bankruptcy.

While I encourage people to save 100% down for a home, a mortgage is the one debt that I don't frown upon.

Debt, n. An ingenious substitute for the chain and whip of the slavedriver.

Historically, the minority party in Congress votes against raising the debt limit, forcing the majority party to whip its members into casting politically painful votes in favor.

All we're getting from the Democratic majority in Congress and from this White House is more bailouts, more spending, more planned stimulus, more deficits and debt, and the American people have had it.

What matters to me is that I do what I think is right and I see, I'm a numbers guy, that's my attitude. I know we have a debt tsunami coming, we are bankrupting this country and I'm in a position where I can actually advance ideas to prevent that from happening. That's exactly what I should be doing.

If we bankrupt America, we will all pay the price.

Funny money has always been the reason housing prices have risen too fast. First, it was liar loans and negative-amortizing mortgages, where the total amount you owed increased rather than decreased every month. We all know how that ended, with the global financial crisis of 2008.

Opponents of central-bank intervention are right about one thing: monetary financing carries serious risks. In order to ensure that it is as safe and effective as possible, it must be used primarily in the event of self-fulfilling debt crises.

What we should be doing is responsibly addressing the primary drivers of our debt and deficit issues.

The truth, Prime Minister, is that you have run out of our money. The country as a whole is now in negative equity. Every British child is born owing around 20,000 pounds. Servicing the interest on that debt is going to cost more than educating the child.

You know it is not my interest to pay the principal, or my principal to pay the interest.

When the government runs out of lenders, it can do something that households are forbidden to do: print money.

The things to watch are whether the country's borrowing costs are rising, whether its budgetary allotment for payments on the debt is increasing, and whether it is spending on good priorities. Those big, scary debt numbers are not as big and scary as they used to be.

We spend too much, we borrow too much, and we distort the markets. The bigger the distortions have lasted, the bigger the bust will be.