A power has risen up in the government greater than the people themselves, consisting of many and various powerful interests, combined in one mass, and held together by the cohesive power of the vast surplus in banks.
more John C. Calhoun quotes
Our tax system is based on individual self-assessment and voluntary compliance.
more Mortimer Caplin quotes
Foreign aid might be defined as a transfer from poor people in rich countries to rich people in poor countries.
more Douglas Casey quotes
Every evil, harm and suffering in this life comes from the love of riches.
more Catherine of Siena quotes
He didn't know the right people. That's all a police record means in this rotten crime-ridden country.
more Raymond Chandler quotes
Money for me has only one sound: liberty.
more Gabrielle Chanel quotes
The legal tender quality [of money] is only valuable for the purposes of dishonesty.
more Justice Salmon Chase quotes
The Rothschilds can start or prevent wars. Their word could make or break empires.
more Chicago Evening American quotes
The Act of Congress which we are impugning before you is communistic in its purposes and tendencies, and is defended here upon principles as communistic, socialistic - what shall I call them - populistic as ever have been addressed to any political assembly in the world.
more Joseph H. Choate quotes
We contend that for a nation to try to tax itself into prosperity is like a man standing in a bucket and trying to lift himself up by the handle.
more Sir Winston Churchill quotes
If you go on with this nuclear arms race, all you are going to do is make the rubble bounce.
more Sir Winston Churchill quotes
Endless money forms the sinews of war.
more Marcus Tullius Cicero quotes
The budget should be balanced, the Treasury should be refilled, public debt should be reduced, the arrogance of officialdom should be tempered and controlled, and the assistance to foreign lands should be curtailed lest Rome become bankrupt. People must again learn to work, instead of living on public assistance.
more Marcus Tullius Cicero quotes
When through a process of law the common people have lost their homes, they will be more tractable and more easily governed...
more Civil Servants' Year Book quotes
The collection of taxes which are not absolutely required, which do not beyond reasonable doubt contribute to the public welfare, is only a species of legalized larceny. The wise and correct course to follow in taxation is not to destroy those who have already secured success, but to create conditions under which everyone will have a better chance to be successful.
more Calvin Coolidge quotes
Nothing is easier than spending public money. It does not appear to belong to anybody. The temptation is overwhelming to bestow it on somebody.
more Calvin Coolidge quotes
The Great Depression was not caused by laissez faire but by the actions of well-intended politicians and bureaucrats. The Federal Reserve System, after all, was not created in response to the Great Depression, but in 1913. Soon thereafter it began experimenting with its awesome powers, expanding the money supply during the roaring ‘20s, propping up the pound sterling in London, extending credit so Europeans could buy American agricultural products. All the while, Congress was becoming more and more protectionist. When the Fed reversed policies in 1929 and actually shrunk the money supply by a third over the next three years and Congress culminated its protectionist tendencies with the Smoot-Hawley tariff, the collapse was underway. The fact that Hoover then raised taxes and Roosevelt kept wages artificially high guaranteed the massive unemployment that marked the 1930s. Government caused and exacerbated the Great Depression.
more Edward H. Crane quotes
We have rights, as individuals, to give as much of our own money as we please to charity; but as members of Congress we have no right so to appropriate a dollar of public money.
more Davy Crockett quotes
We must not permit our respect for the dead or our sympathy for the living to lead us into an act of injustice to the balance of the living. I will not attempt to prove that Congress has no power to appropriate this money as an act of charity. Every member upon this floor knows it. We have the right as individuals to give away as much of our own money as we please in charity; but as members of congress we have no right to appropriate a dollar of the public money.
more Davy Crockett quotes
...it was the calculated 'shearing' of the public by the World-Money powers triggered by the planned sudden shortage of call money in the New York Market.
more Curtis Dall quotes
I have never seen more senators express discontent with their jobs. ... I think the major cause is that, deep down in our hearts, we have been accomplices to doing something terrible and unforgivable to this wonderful country. Deep down in our hearts, we know that we have bankrupted America and that we have given our children a legacy of bankruptcy. ... We have defrauded our country to get ourselves elected.
more John C. Danforth quotes
So low and hopeless are the finances of the United States, that, the year before last Congress was obliged to borrow money even, to pay the interest of the principal which we had borrowed before. This wretched resource of turning interest into principal, is the most humiliating and disgraceful measure that a nation could take, and approximates with rapidity to absolute ruin: Yet it is the inevitable and certain consequence of such a system as the existing Confederation.
more William Richardson Davie quotes
Money is the sign of liberty. To curse money is to curse liberty -- to curse life, which is nothing, if it be not free.
more Remy de Gourmont quotes
A large number of people, certainly the majority of the political looter class, think the best way to deal with the rapidly deepening economic crisis is via 'stimulus packages' with money plucked off the magic money tree... which is to say, by trying to re-inflate the credit bubble that actually caused the crisis. This is a bit like treating alcoholics by urging them to buy more whiskey.
more Perry de Havilland quotes
The more one considers the matter, the clearer it becomes that redistribution is in effect far less a redistribution of free income from the richer to the poorer, as we imagined, than a redistribution of power from the individual to the State.
more Bertrand de Jouvenel quotes
The American Republic will endure, until politicians realize they can bribe the people with their own money.
more Alexis de Tocqueville quotes
The American Republic will endure, until politicians realize they can bribe the people with their own money.
more Alexis de Tocqueville quotes
I know of no other country where love of money has such a grip on men's hearts or where stronger scorn is expressed for the theory of permanent equality of property.
more Alexis de Tocqueville quotes
It comes as news to most people to learn that practically all important ethical teachers -- Moses, Aristotle, Jesus, Mohammed, and Saint Thomas Aquinas, for instance -- have denounced lending at interest as usury and as morally wrong.
more Lawrence Dennis quotes
Don't let your mouth write no check that your tail can't cash.
more Bo Diddley quotes
For you see, the world is governed by very different personages from what is imagined by those who are not behind the scenes.
more Benjamin Disraeli quotes
It is the growing custom to narrow control, concentrate power, disregard and disfranchise the public; and assuming that certain powers by divine right of money-raising or by sheer assumption, have the power to do as they think best without consulting the wisdom of mankind.
more W. E. B. Du Bois quotes
Forced to choose, the poor, like the rich, love money more than political liberty; and the only political freedom capable of enduring is one that is so pruned as to keep the rich from denuding the poor by ability or subtlety and the poor from robbing the rich by violence or votes.
more Will Durant quotes
Hamilton's whole monetary policy is based on unconstitutional grounds and unsound reasoning, and fraudulent statements. His policies were fought through the whole public career of Franklin, Jefferson, Madison, Randolph and many another truly great lovers of Republican Government. His policies have proved to be more destructive of our independent and democratic form of government than the old subjugation of the Colonies by Great Britain. The deliberations in Congress over Hamilton's Bank Bill, and the opinions of members of The Cabinet show the intensity of feeling between the private money interests and those supporting the Constitution. History records that the “money changers” have used every form of abuse, intrigue, deceit and violent means possible to maintain their control over governments by controlling the money and its issuance.
more Olive Cushing Dwinell quotes
That is what our money system is. If there were no debts in our money system, there wouldn't be any money.
more Marriner Stoddard Eccles quotes
People who will not turn a shovel full of dirt on the project (Muscle Shoals Dam) nor contribute a pound of material, will collect more money from the United States than will the People who supply all the material and do all the work. This is the terrible thing about interest.
more Thomas A. Edison quotes
If the Nation can issue a dollar bond it can issue a dollar bill. The element that makes the bond good makes the bill good also. The difference between the bond and the bill is that the bond lets the money broker collect twice the amount of the bond and an additional 20%. Whereas the currency, the honest sort provided by the Constitution pays nobody but those who contribute in some useful way. It is absurd to say our Country can issue bonds and cannot issue currency. Both are promises to pay, but one fattens the usurer and the other helps the People.
more Thomas A. Edison quotes
Money, which represents the prose of life, and which is hardly spoken of in parlors without an apology, is, in its effects and laws, as beautiful as roses.
more Ralph Waldo Emerson quotes
The government deficit is the difference between the amount of money the government spends and the amount it has the nerve to collect.
more Sam Ewing quotes
The actual process of money creation takes place in commercial banks. As noted earlier, demand liabilities of commercial banks are money.
more Federal Reserve Bank of Chicago quotes
Commercial banks create checkbook money whenever they grant a loan, simply by adding new deposit dollars in accounts on their books in exchange for a borrower's IOU.
more Federal Reserve Bank of New York quotes
Because of 'fractional' reserve system, banks, as a whole, can expand our money supply several times, by making loans and investments.
more Federal Reserve Bank of New York quotes
Without the confidence factor, many believe a paper money system is liable to collapse eventually.
more Federal Reserve Bank of Philadelphia quotes
The decrease in purchasing power incurred by holders of money due to inflation imparts gains to the issuers of money...
more Federal Reserve Bank of St. Louis quotes
The best way to put more money in people's wallets is to leave it there in the first place.
more Edwin Feulner quotes
There are 10^11 stars in the galaxy. That used to be a huge number. But it's only a hundred billion. It's less than the national deficit! We used to call them astronomical numbers. Now we should call them economical numbers.
more Richard Feynman quotes
Here I close my opinion. I could not say less in view of questions of such gravity that go down to the very foundations of the government. If the provisions of the Constitution can be set aside by an Act of Congress, where is the course of usurpation to end? The present assault upon capital is but the beginning. It will be but the stepping-stone to others, larger and more sweeping, till our political contests will become a war of the poor against the rich; a war growing in intensity and bitterness.
more Justice Stephen J. Field quotes
Thus, our national circulating medium is now at the mercy of loan transactions of banks, which lend, not money, but promises to supply money they do not possess.
more Irving Fisher quotes
It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.
more Henry Ford quotes
The Law, in its majestic equality, forbids the rich, as well as the poor, to sleep under the bridges, to beg in the streets, and to steal bread.
more Anatole France quotes
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