#go

Swipe fees have increased steadily since the introduction of debit cards 20 years ago, when there were no swipe fees at all. Merchants can't negotiate or control them. They've tried, but they have no leverage against the big banks and issuers. So they get ignored. ↗

— Peter Welch

#ago #banks #big #cards #control

The rhetoric on the Hill is getting very heated and it's getting quite dangerous. The gun is at the head of the American economy and Congress is holding it and its got a hair trigger. We've got to pay our bills. ↗

— Peter Welch

#american economy #bills #congress #dangerous #economy

I think coercive taxation is theft, and government has a moral duty to keep it to a minimum. ↗

— William Weld

#duty #government #i #i think #keep

In a democracy there is a centralization of governmental power in a simple majority. ↗

— Robert Welch

#democracy #governmental #governmental power #majority #power

The word democracy comes from the Greek and means, literally, government by the people. ↗

— Robert Welch

#comes #democracy #government #greek #literally

We have seen a central government promote the power of labor-union bosses, and in turn be supported by that power, until it has become entirely too much a government of and for one class, which is exactly what our Founding Fathers wanted most to prevent. ↗

— Robert Welch

#bosses #central #central government #class #entirely

We have seen a central government taking more and more control over public education, over communications, over transportation, over every detail of our daily lives. ↗

— Robert Welch

#central government #communications #control #daily #daily lives

Government can contribute to a shared sense of purpose on the part of the citizenry; that's its highest and best application. ↗

— William Weld

#best #citizenry #contribute #government #highest

It's not good for government to tell people that the world owes them a living and that things are free. ↗

— William Weld

#good #government #living #owes #people

Before my tenure, people didn't seem to think that citizens had a right to limit the size of their government. ↗

— William Weld

#citizens #government #had #limit #people