Quotes About Mortgaging

The Duke of Devonshire owned Hardwick Hall, Chatsworth, Bolton Abbey, Lismore Castle and Compton Place, and, in London, Burlington and Devonshire Houses. Prodigal peers and their heirs ran up astronomical debts – and mortgaging and other legal devices allowed them to do this without imperilling their estates.

President Obama likes to talk about winning the future. But someone needs to tell him: You can't win the prosperity of tomorrow if you're mortgaging it to pay for the big government programs of today.