Debt Quotes (displaying: 1 - 30 of 481 quotes )
Debt, grinding debt, whose iron face the widow, the orphan, and the sons of genius fear and hate;--debt, which consumes so much time, which so cripples and disheartens a great spirit with cares that seem so base, is a preceptor whose lessons cannot be forgone, and is needed most by those who suffer from it most.
That second man has his own way of looking at things; asks himself which debt must I pay first, the debt to the rich, or the debt to the poor? the debt of money, or the debt of thought to mankind, of genius to nature? For you, O broker! there is no other principle but arithmetic. For me, commerce is of trivial import; love, faith, truth of character, the aspiration of man, these are sacred; nor can I detach one duty, like you, from all other duties, and concentrate my forces mechanically on the payment of moneys. Let me live onward; you shall find that, though slower, the progress of my character will liquidate all these debts without injustice to higher claims. If a man should dedicate himself to the payment of notes, would not this be injustice? Does he owe no debt but money? And are all claims on him to be postponed to a landlord's or a banker's?
I do not pretend to give such a sum; I only lend it to you. When you shall return to your country with a good character, you cannot fail of getting into some business, that will in time enable you to pay all your debts. In that case, when you meet with another honest man in similar distress, you must pay me by lending this sum to him; enjoining him to discharge the debt by a like operation, when he shall be able, and shall meet with such another opportunity. I hope it may thus go through many hands, before it meets with a knave that will stop its progress. This is a trick of mine for doing a deal of good with a little money.
America pays its bills. It always has. It always will. The fact that Washington is now debating whether to honor its debts and obligations, then, should come as a surprise. But playing political football with a necessary vote to raise the nation's debt ceiling has become as predictable as a Twitter rant from Charlie Sheen.
What we define as a bubble is any kind of debt-fueled asset inflation where the cash flow generated by the asset itself - a rental property, office building, condo - does not cover the debt incurred to buy the asset. So you depend on a greater fool, if you will, to come in and buy at a higher price.
Will the adoption of this new plan pay our debts! This, Sir, is a plain question. It is inferred, that our grievances are to be redressed, and the evils of the existing system to be removed by the new Constitution. Let me inform the Honorable Gentleman, that no nation ever paid its debts by a change of Government, without the aid of in- dustry. You never will pay your debts but by a radical change of domestic economy...The evils that attend us, lie in extravagance and want of industry and can only be removed by assiduity and economy.
And forgive us our debts, as we also forgive our debtors.'To remit debts is to renounce our own personality. It means renouncing everything that goes to make up our ego, without any exception. It means knowing that in the ego there is nothing whatever, no psychological element, that external circumstances could not do away with. It means accepting that truth. It means being happy that things should be so.
This debt crisis coming to our country. The wall and tidal wave of debt that is befalling our nation. Medicare and Social Security go bankrupt within ten years, we have a debt that is looming so high that in the last year of President Obama's budget just the interest payments on our debt is $916 billion dollars.
Of all the enemies to public liberty war is, perhaps, the most to be dreaded, because it comprises and develops the germ of every other. War is the parent of armies; from these proceed debts and taxes; and armies, and debts, and taxes are the known instruments for bringing the many under the domination of the few. In war, too, the discretionary power of the Executive is extended; its influence in dealing out offices, honors, and emoluments is multiplied; and all the means of seducing the minds, are added to those of subduing the force, of the people. The same malignant aspect in republicanism may be traced in the inequality of fortunes, and the opportunities of fraud, growing out of a state of war, and in the degeneracy of manners and of morals engendered by both. No nation could preserve its freedom in the midst of continual warfare.
We can say that true gratitude does not give rise to the debtor's ethic because it gives rise to faith in future grace. With true gratitude there is such a delight in the worth of God's past grace, that we are driven on to experience more and more of it in the future...it is done by transforming gratitude into faith as it turns from contemplating the pleasures of past grace and starts contemplating the promises of the future.
No," said Godfrey, with a keen decisiveness of tone, in contrast with his usually careless and unemphatic speech—"there's debts we can't pay like money debts, by paying extra for the years that have slipped by. While I've been putting off and putting off, the trees have been growing—it's too late now. Marner was in the right in what he said about a man's turning away a blessing from his door: it falls to somebody else.
Of all the enemies to public liberty war is, perhaps, the most to be dreaded, because it comprises and develops the germ of every other. War is the parent of armies; from these proceed debts and taxes; and armies, and debts, and taxes are the known instruments for bringing the many under the domination of the few.
[Jesus] tilted His head back, pulled up one last time to draw breath and cried, "Tetelestai!" It was a Greek expression most everyone present would have understood. It was an accounting term. Archaeologists have found papyrus tax receipts with "Tetelestai" written across them, meaning "paid in full." With Jesus' last breath on the cross, He declared the debt of sin cancelled, completely satisfied. Nothing else required. Not good deeds. Not generous donations. Not penance or confession or baptism or...or...or...nothing. The penalty for sin is death, and we were all born hopelessly in debt. He paid our debt in full by giving His life so that we might live forever.