Bank Quotes (displaying: 1 - 30 of 751 quotes )
Banks used to issue their own currencies. You can see these old banknotes in the Smithsonian. ‘First National Bank of South Bumfuck will remit ten pork bellies to the bearer,’ or whatever. That had to stop because commerce became nonlocal—you needed to be able to take your money with you when you went out West, or whatever." "But if we’re online, the whole world is local," Randy says.
[Farmer] went to dozens of American and Canadian universities and colleges, preaching his O for the P [Preferential Option for the Poor] gospel, and to South Africa, where he debated a World Bank official at an international AIDS conference. "Africans must learn to curb their sexual appetites," the banker remarked, and Farmer replied, "I want to talk about other bankers, not the World Bankers, but bankers in general. My suspicion is they're not getting a lot of sex, because they spend a lot of time screwing the poor.
Even the National Bank of Romania doesn't have the huge resources needed to intervene in the market and keep the leu at an acceptable level, because they're drawing close to a floor below which the bank's reserves can't drop. The central bank has to wait for a moment of calm to efficiently conduct its interventions.
The central bank is an institution of the most deadly hostility existing against the Principles and form of our Constitution. I am an Enemy to all banks discounting bills or notes for anything but Coin. If the American People allow private banks to control the issuance of their currency, first by inflation and then by deflation, the banks and corporations that will grow up around them will deprive the People of all their Property until their Children will wake up homeless on the continent their Fathers conquered.
There is a strange idea abroad, held by all monetary cranks, that credit is something a banker gives to a man. Credit, on the contrary, is something a man already has. He has it, perhaps, because he already has marketable assets of a greater cash value than the loan for which he is asking. Or he has it because his character and past record have earned it. He brings it into the bank with him. That is why the banker makes him the loan. The banker is not giving something for nothing.
In March 1955, Powell called for a boycott of Harlem savings banks that "practice 'Jim Crow-ism' and 'economic lynching.'" He urged Abyssinian Baptist Church's fifteen thousand members to withdraw their funds from white-woned banks and transfer them to either the black-owned Carver Federal Savings in Harlem or the black-owned Tri-State Bank in Memphis, Tennessee (108).
I spent 33 years and four months in active military service and during that period I spent most of my time as a high class muscle man for Big Business, for Wall Street and the bankers. In short, I was a racketeer, a gangster for capitalism. I helped make Mexico and especially Tampico safe for American oil interests in 1914. I helped make Haiti and Cuba a decent place for the National City Bank boys to collect revenues in. I helped in the raping of half a dozen Central American republics for the benefit of Wall Street. I helped purify Nicaragua for the International Banking House of Brown Brothers in 1902-1912. I brought light to the Dominican Republic for the American sugar interests in 1916. I helped make Honduras right for the American fruit companies in 1903. In China in 1927 I helped see to it that Standard Oil went on its way unmolested. Looking back on it, I might have given Al Capone a few hints. The best he could do was to operate his racket in three districts. I operated on three continents.
On the Big Blackfoot River above the mouth of Belmont Creek the banks are fringed by large Ponderosa pines. In the slanting sun of late afternoon the shadows of great branches reached from across the river, and the trees took the river in their arms. The shadows continued up the bank, until they included us
Everything predicted by the enemies of banks, in the beginning, is now coming to pass. We are to be ruined now by the deluge of bank paper. It is cruel that such revolutions in private fortunes should be at the mercy of avaricious adventurers, who, instead of employing their capital, if any they have, in manufactures, commerce, and other useful pursuits, make it an instrument to burden all the interchanges of property with their swindling profits, profits which are the price of no useful industry of theirs.