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Quotations on Banks 34 Quotes Found The issue which has swept down the centuries and which will have to be fought sooner or later is the people versus the banks. And I think the more money you put in people's hands, the more they will spend And if they don't spend it, they invest it. And investing it is another way of creating jobs. It puts money into mutual funds or other kinds of banks that can go out and make loans, and we need to do that. The connection which formerly existed between the Government and banks was in reality injurious to both, as well as to the general interests of the community at large. Banks properly established and conducted are highly useful to the business of the country, and will doubtless continue to exist in the States so long as they conform to their laws and are found to be safe and beneficial. Investment banking has, in recent years, resembled a casino, and the massive scale of gambling losses has dragged down traditional business and retail lending activities as banks try to rebuild their balance sheets. This was one aspect of modern financial liberalisation that had dire consequences. 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. If you go back to the time of J.P. Morgan, the world of high finance was completely wholesale. The prestigious investment banks on Wall Street appealed exclusively to large corporations, governments, and to extremely wealthy individuals. Where are the jobs going to come from?Small business, manufacturing and clean energy. Where's the money to finance them? The banks and the corporations in America today have lots of money that they can invest right now. Disney had made such a great deal of money on Snow White that the banks gave him the go-ahead on the next three films. But he was heavily dependent on the foreign market. All these child stars grow up and they're knockin' over banks and getting prostitutes. I'm, like, one of the only people I know that has managed to dodge all of that negative crap. At a time when going to college has never been more important, it's never been more expensive, and our nation's families haven't been in this kind of financial duress since the great depression. And so what we have is just sort of a miraculous opportunity simply by stopping the subsidy to banks when we already have the risk of loans. We can plow those savings into our students. And we can make college dramatically more affordable, tens of billions of dollars over the next decade. China's idea of fair trade is government subsidies of its textile and apparel exports to the United States, currency manipulation, and forgiveness of loans by its government banks. And $18 million in three Japanese banks, completely false. That I have two factories in Panama, also completely false. This is part of the counter campaign of some people. Japan's experience suggests the importance of assessing the sustainability of price stability over a fairly long period, which many central banks have emphasized in recent years. The process by which banks create money is so simple that the mind is repelled. In the financial system we have today, with less risk concentrated in banks, the probability of systemic financial crises may be lower than in traditional bank-centered financial systems. Is there any reason why the American people should be taxed to guarantee the debts of banks, any more than they should be taxed to guarantee the debts of other institutions, including merchants, the industries, and the mills of the country? I left General Magic in 1996 to become an Internet hobbyist - got a T-1 line to my house. At one point I had all four food banks of the Bay Area hosted from this house here. Before the arrival of the Credit Union, people who were from the poor background or a working class background couldn't borrow from banks. We sometime didn't get enough to buy oats for our horses. Most banks had very little money in them. Banks have a new image. Now you have 'a friend,' your friendly banker. If the banks are so friendly, how come they chain down the pens? Banks introduced the installment plan. The disappearance of cash and the coming of the credit card changed the shape of life in the United States. I am afraid that the ordinary citizen will not like to be told that the banks can and do create and destroy money. And they who control the credit of a nation direct the policy of governments, and hold in the hollow of their hands the destiny of the people. Our Government is committed to pursuing policies and programs which facilitate a further lowering of the interest rates in order to fuel investment and growth. We call on the commercial banks to partner with us in this effort. Gen. Banks has issued an order for the instruction of Negro children. Schoolhouses are to be built or rented and Teachers hired for this purpose, and the farmers and planters are to pay the Taxes in support of this. The trade of banks is the buying and selling of interest and exchange. When ATM machines came out and people were prosecuted for robbing ATM machines, I don't think anybody thought the banks were against technology because they didn't want their ATM machines lifted. The Congress has historically played covert communal politics in order to create what in India we call vote banks where you pit one community against another and so on in order to secure votes. On private transactions, I'll just go very quickly now, a major difference between the United States and Euroland is that in Europe banks are much more important in financial transactions than in the United States. But if you want to continue to be slaves of the banks and pay the cost of your own slavery, then let bankers continue to create money and control credit. International lending banks need to focus on areas where private investment doesn't go, such as infrastructure projects, education and poverty relief. The rivers of America will run with blood filled to their banks before we will submit to them taking the Bible out of our schools. The government wants to control the banks, just as it now controls GM and Chrysler, and will surely control the health industry in the not-too-distant future. Keeping them TARP-stuffed is the key to control. I hate banks. They do nothing positive for anybody except take care of themselves. They're first in with their fees and first out when there's trouble. |
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