Quotes About Borrowed funds

The germs were already there in the hot, dry summer of 1929, when the crops began to fail on the southern prairies and the boom ran wild and out of hand and the country continued to overbuild on borrowed funds. The Great Depression was beginning and nobody knew it. The Great Repression was already under way but nobody cared. One did not need to visit Munich to see dissidents beaten to the ground. It was happening here.

Bain also asked Kansas City for a $3 million tax break. The Bain executives were taking home $36 million in borrowed funds and were asking Kansas City to forfeit $3 million in public money for police officers, roads and schools? More free stuff!