Quotes About Banks
She leaned back a little in her chair and looked at me in silence for a considerable time. Finally she said, "Of all the banks, in all the world, you had to walk into this one." "We'll always have Cambridge," I said.
~ Robert B. Parker
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Because when the crash comes, the government needs to nationalize the banks. No more bailing them out and forcing taxpayers to foot the bill. You
~ Kim Stanley Robinson
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If our government tries to back the banks instead of us, then we elect a different government. We pretend that democracy is real, and that will make it real.
~ Kim Stanley Robinson
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The reporter said, Why do you rob banks? And Sutton replied, Because that's where the money is.
~ Kim Stanley Robinson
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Banks have done more injury to the religion, morality, tranquility, prosperity, and even wealth of the nation than they can have done or ever will do good.
~ John Adams
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Banks are the temples of America. This is a holy war. Our economy is our religion.
~ Giannina Braschi
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The fact is, it's not a deception, but rather a tribute to the amazing abilities of the human imagination. What enables banks – and the entire economy – to survive and flourish is our trust in the future. This trust is the sole backing for most of the money in the world.
~ Yuval Noah Harari
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What enables banks – and the entire economy – to survive and flourish is our trust in the future. This
~ Yuval Noah Harari
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Over the last few years, banks and governments have been frenziedly printing money. Everybody is terrified that the current economic crisis may stop the growth of the economy. So they are creating trillions of dollars, euros and yen out of thin air, pumping cheap credit into the system, and hoping that the scientists, technicians and engineers will manage to come up with something really big,
~ Yuval Noah Harari
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In 2013, Trump's son Eric told the sportswriter James Dodson, "We don't rely on American banks. We have all the funding we need out of Russia." (On Twitter, Eric Trump denied having made the remark.)
~ Jeffrey Toobin
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No business in the economy has the easy money that banks get to play with.... The existence of banks with single digit amounts of equity is a completely unhealthy existence -- that is not only a risk for the banks, but for all of us.
~ ANAT ADMATI
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Quite simply, banks are as indebted and fragile as they are only because they want to be and not because of any benefit this brings to society. Nothing that banks do require that they borrow as much as they do or as much as they lobby to be allowed to do.
~ ANAT ADMATI
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The present situation is perverse. It is as if we were to subsidize the chemical industry to intentionally pollute rivers and lakes. Such subsidies would encourage additional pollution. If the industry were asked to limit the pollution, it would complain that its costs would increase. Would such complaints make us tolerate the pollution? Subsidizing banks to borrow excessively is just like subsidizing and encouraging companies to pollute when they have clean alternatives.
~ ANAT ADMATI
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1838: On January 8th President Jackson pays off the final instalment of the national debt, which had been created by allowing the banks to issue currency for government bonds, rather than simply issuing treasury notes without such debt. He becomes the only President to ever pay off the debt.
~ Andrew Carrington Hitchcock
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Can't make your payments? No problem. The interest charges keep on coming. In fact, banks prefer it that way. More money for them. The government guarantees it.
~ Jonathan Raymond
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I think the bailouts in 2008 were wrong. And I think, you look in hindsight, it was a lot of misinformation that was presented about the bailouts of the banks in the West.
~ Steve Bannon
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Nobody had a credit card when I was a kid. No one had credit card debt. But these big companies and banks wanted to know how to get more money out of people - get them charging things.
~ Michael Moore
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TARP became so politicized that having money from it was almost like a scarlet letter. There were debates over compensation, worry that the rules were going to get changed. All the banks were desperately rushing to get that money back as soon as possible - in part, so they could pay themselves bonuses without any government restrictions.
~ Andrew Ross Sorkin
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I'll tell you where the injustice is. It's with the person earning £12,000 to £15,000-a-year who is being asked to be restrained by their business or employer. Yet the taxpayer has bailed out the banks, so why are they not showing restraint?
~ Prince Andrew
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When the banks grow to or when these financial institutions grow to such a size that they can't sustain themselves, or what have you, they have problems, economic problems, or financial problems, they shouldn't be able to look back to you and I, the taxpayer, to be bailed out.
~ Scott Garrett
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As long as the big banks are allowed to remain big, their political leverage over Washington will remain big. And as long as their political leverage remains big, the taxpayer and economic tab for the next mess they create will be big.
~ Robert Reich
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There's another way we are getting behind business - by sorting out the banks. Taxpayers bailed you out. Now it's time for you to repay the favour and start lending to Britain's small businesses.
~ David Cameron
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The Tea Party movement and the Occupy movement were both, in a sense, complaining about the same thing, namely the use of public money to rescue failed banks.
~ Daniel Hannan
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his son, Eric, who, in 2014, told golf writer James Dodson, "We don't rely on American banks. We have all the funding we need out of Russia.… We've got some guys that really, really love golf, and they're really invested in our programs. We just go there all the time.
~ Rick Reilly
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