#debt

After the $700 billion bailout, the trillion-dollar stimulus, and the massive budget bill with over 9,000 earmarks, many of you implored Washington to please stop spending money we don't have. But, instead of cutting, we saw an unprecedented explosion of government spending and debt, unlike anything we have seen in the history of our country. ↗

— Michele Bachmann

#anything #bailout #bill #billion #budget

Everything we get, outside of the free gifts of nature, must in some way be paid for. The world is full of so- called economists who in turn are full of schemes for getting something for nothing. They tell us that the government can spend and spend without taxing at all; that it can continue to pile up debt without ever paying it off, because "we owe it to ourselves. ↗

— Henry Hazlitt

#economics #free #krugman #schemes #nature

It is imperative that we make consumers more aware of the long-term effects of their financial decisions, particularly in managing their credit card debt, so that they can avoid financial pitfalls that may lead to bankruptcy. ↗

— Daniel Akaka

#aware #bankruptcy #card #consumers #credit

King of England, and you, duke of Bedford, who call yourself regent of the kingdom of France... settle your debt to the king of Heaven; return to the Maiden, who is envoy of the king of Heaven, the keys to all the good towns you took and violated in France. ↗

— Joan of Arc

#debt #duke #england #france #good

But obviously, we're looking for all good ideas to help deal with our long-term debt problem. This is something that is going to affect our economy. It affects our kids. And we need to deal with it. ↗

— David Axelrod

#affects #deal #debt #economy #going

Most of the major increases in the debt ceiling have been accompanied by structural changes in the way we raise and spend money. ↗

— Charles F. Bass

#been #ceiling #changes #debt #debt ceiling

We have managed to acquire $13 trillion of debt on our balance sheet. In my view we have nothing to show for it. We haven't invested in our roads, our bridges, our waste-water systems, our sewer systems. We haven't even maintained the assets that our parents and grandparents built for us. ↗

— Michael Bennett

#assets #balance #bridges #built #debt

We paid off our debts, we learned some, made friends and returned in 1950 with a larger view of life. I had, however, no home, no income of any kind and no prospects whatsoever. ↗

— James W. Black

#debts #friends #had #home #however

Instead of explaining the sober facts of mechanics and electricity, I want to say a few words about the debt which we owe to youth; and with your permission I shall consider you as representing here not only the academic youth of Sweden nor even of Europe but also of America. ↗

— Felix Bloch

#academic #also #america #consider #debt

I think we are not serious about attacking the long-term debt problem, and that's one of the things that he's going to have to find a way to get on the agenda. ↗

— Michael Bloomberg

#agenda #attacking #debt #find #get