Best 772 quotes in «debt quotes» category

Most women sell sex; most of them just don’t take cash (nor do they each sell to more than one ‘client’ at a time).

Mr Moss's courtyard is railed in like a cage, lest the gentlemen who are boarding with him should take a fancy to escape from his hospitality.

My conclusions, on this point, are as follows: when the Law Commission says committal of judgment debtors is an anomaly that cannot be justified and should be abolished; when it is common cause that there is a general international move away from imprisonment for civil debt, of which the present committal proceedings are an adapted relic; when such imprisonment has been abolished in South Africa, save for its contested form as contempt of court in the magistrate's court; when the clauses concerned have already been interpreted by the Courts as restrictively as possible, without their constitutionally offensive core being eviscerated; when other tried and tested methods exist for recovery of debt from those in a position to pay; when the violation of the fundamental right to personal freedom is manifest, and the procedures used must inevitably possess a summary character if they are to be economically worthwhile to the creditor, then the very institution of civil imprisonment, however it may be described and however well directed its procedures might be, in itself must be regarded as highly questionable and not a compelling claimant for survival.

None of it made any difference. The hollow feeling refused to go away. The next days were very hard. I found myself in the grip of a crippling ennui. I was back at square one, but I couldn’t bring myself to resume my job hunt; it was all I could do to drag myself from the bedroom floor to the sofa. With every passing day my financial affairs grew more ruinous, and it became harder and harder even to conceive of how I might dig myself out of the hole I was in—which only compounded my ennui, and my disinclination to do anything about it.

Only debt is forever.

No one would argue that we owe a debt of gratitude to the Goliath Corporation. They helped us to rebuild after the Second War and it should not be forgotten. Of late, however, it seems as though the Goliath Corporation is falling far short of its promises of fairness and altruism. We are finding ourselves now in the unfortunate position of continuing to pay back a debt that has long since been paid--with interest...

Old: Give me liberty or give me death. - New: Give me liberty or give me debt.

One of the most important things a man must bear in mind is this very thing - that he owes his fellow a transforming encounter.

Rosamond, accustomed from her childhood to an extravagant household, thought that good housekeeping consisted simply in ordering the best of everything––nothing else 'answered;' and Lydgate supposed that 'if things were done at all, they must be done properly'–he did not see how they were to live otherwise. If each head of household expenditure had been mentioned to him beforehand, he would have probably observed that 'it could hardly come to much,' and if any one had suggested a saving on a particular article–for example, the substitution of cheap fish for dear–it would have appeared to him simply a penny-wise, mean notion.

Possessions Live in peace and be free. When possessions own your heart, You are enslaved to money and to corporations. Your time is owned by the moneylenders And they will not let you spend it freely. They will tell you what to buy, but not What it will truly cost you. You will be held ransom. What is your heart worth? What about your time? What holds your heart, holds your attention. What holds your attention, holds your time. What holds your time, holds your life. And if it's possessions that holds these things, It will demand it all.

Our country is failing to live up to its promise of opportunity and fairness. It used to be true that if you went to college and you worked hard, you could count on having a decent middle-class life - but that's just not true anymore. Economic and political changes that have occurred over the past three decades have made the middle-class American dream for today's twenty- and thirtysomethings far less possible than it was for their parents' generation. It's not that we're lazy, that we have no work ethic, or that we have outrageous spending habits. It's that we've been screwed.

Our loves are not given but lent, at compound interest of cent percent; though, it is not always the case, I believe, that the longer we've kept it the more do we grieve for when debts are payable, right or wrong, a short time loan is as bad as a loan. So why in Heaven, before we are there, should we give our heart to a dog to tear?

Raphael's hand tightened on the hilt of the knife. His knuckles were white. He spoke to Magnus. "I have no soul," he said. "But I made you a promise on my mother's doorstep, and she was sacred to me." "Santiago- " Sebastian began. "I was a child then. I am not now." The knife fell to the floor. Raphael turned and looked at Sebastian, his wide dark eyes very clear. "I cannot," he said. "I will not. I owe him a debt from many years ago.

Savers have to be punished so debtors can be saved. Why? Because if debtors are rescued, that makes it possible for more debts to be issued in the future. And why is that important? Because the banking system needs ever more loans in order to survive.

Some people will each start investing more of their salary on ‘their’ house and spending less of it on ‘their’ car or cars only when they start being able to take ‘their’ house to work, funerals, weddings, etc.

Seen at Liberty University: "I hope the Rapture happens before my student loans are due.

Self-preservation—this is your new focus. The only obligation of today is to preserve the breath of tomorrow. Then, once footing is regained, you can begin to fulfill debt obligations. Debt is hindsight.

She says, "Do you have any rubbers?" I say, I thought she was barren. "Sure, I'm sterile," she says, "but I've had unprotected sex with a million guys. I could have some terrible fatal disease." I say that would only be a problem if I wanted to live a lot longer. Fertility says, " That's how I feel about my giant credit card debt." So we have sex. If you could call it that.

The difference between the past and the present is that individual freedom and security no longer fall to be protected solely through the D vehicle of common-law maxims and presumptions which may be altered or repealed by statute, but are now protected by entrenched constitutional provisions which neither the Legislature nor the Executive may abridge. It would accordingly be improper for us to hold constitutional a system which, as Sachs J has noted, confers on creditors the power to consign the person of an impecunious debtor to prison at will and without the interposition at the crucial time of a judicial officer.

That's how you keep someone tied to you, not set them free. You say no to a man and don't give him the peace of repayment.

The combination of students who do not complete college and private colleges that do not deliver degrees that help their graduates gain employment in the FTE sector has left many poor students still in the low-wage sector but now burdened with student debts. These debts cannot be discharged unless the former student can demonstrate 'undue hardship' from the loan. The statute does not define 'undue hardship,' and many courts use the Brunner test, derived from a 1987 opinion. This standard includes persistent poverty and a good-faith effort to pay the loan. In the view of some more recent opinions, this standard further requires hopelessness that conditions will improve. In other words, the students faces a double-bind: if she tries to transition to the FTE sector, she is hampered by her student loans. Only if she foregoes this ambition can the student loan be discharged. In New jersey, even death may not bring a reprieve from student loans.

The combined effects of growing inequality, a faltering education system, demographic headwinds, and the strong likelihood of a fiscal correction imply that the real median disposable income will grow much more slowly in the future than in the past.

The criminalization of debt, then, was the criminalization of the very basis of human society. It cannot be overemphasized that in a small community, everyone normally was both a lender and borrower. One can only imagine the tensions and temptations that must have existed in a community—and communities, much though they are based on love, in fact because they are based on love, will always also be full of hatred, rivalry and passion—when it became clear that with sufficiently clever scheming, manipulation, and perhaps a bit of strategic bribery, they could arrange to have almost anyone they hated imprisoned or even hanged.

The debt we owe our parents can never be squared, and jolly good too, because doing so would threaten to nullify all relationship, all emotional commerce between the two generations. Being in debt, just like being in credit, means an active interest applies between the two parties and, once the debt is taken care of, the interest is bound to wane.

Take students today They are in some ways freer than they were 60 years ago in their attitudes and commitments and so on. On the other hand they are more disciplined. They are disciplined by debt. Part of the reasoning for arranging education so you come out with heavy debt is so you are disciplined. Take the last 20 years—the neo-liberal years roughly—a very striking part of what is called "globalization" is just aimed at discipline. It wants to eliminate freedom of choice and impose discipline. How do you do that? Well, if you're a couple in the U.S. now, each working 50 hours a week to put food on the table, you don't have time to think about how to become a libertarian socialist. When what you are worried about is "how can I get food on the table?" or "I've got kids to take care of, and when they are sick I've got to go to work and what's going to happen to them?" Those are very well-designed techniques of imposing discipline.

The academic auspices under which we meet this afternoon, prompt me to introduce my remarks with a literary reference. I recall for you a few lines of Shakespeare, from Hamlet where Polonius bids farewell to his son Laertes: "Neither a borrower nor a lender be, For loan oft loses both itself and friend And borrowing dulls the edge of husbandry." This was undoubtedly necessary advice from a father to a son about to leave for France. but it is clear that Polonius was neither a banker nor a Californian. If he had been a banker, he might have commented on the merits of good collateral as compared to the possible loss of a few friends. And if he had been a Californian, caught in the vigor of a growth economy, the idea of not being a borrower would never have occurred to him. Therefore, it should not be surprising that a California banker has come to say something on behalf of debt.

The way Americans tend to buy things: A person who has $20 will buy something for $40 if it’s marked down from $100.

The UK government took banker debt and made it our debt while letting bankers off. Then told us: You're living beyond your means.

The frost which kills the harvest of a year, saves the harvests of a century, by destroying the weevil or the locust. Wars, fires, plagues, break up immovable routine, clear the ground of rotten races and dens of distemper, and open a fair field to new men. There is a tendency in things to right themselves, and the war or revolution or bankruptcy that shatters a rotten system, allows things to take a new and natural order. The sharpest evils are bent into that periodicity which makes the errors of planets, and the fevers and distempers of men, self-limiting. Nature is upheld by antagonism. Passions, resistance, danger, are educators. We acquire the strength we have overcome. Without war, no soldier; without enemies, no hero.

The human eye is restricted to see the useen, because there’s a price to be paid to the rulers of this image and if this image is seen by you, you’ll dare not divulge it to others, for others must pay a price

The world economy would collapse if a significant number of people were to realize and then act on the realization that it is possible to enjoy many if not most of the things that they enjoy without first having to own them.

Time debt is as big a problem as financial debt.

Those who spend all they earn always end in penury.

Years ago, I dated a lovely young woman who was a few thousand dollars in debt. She was completely stressed out about this. Every month, more interest would be added to her debts. To deal with her stress, she would go every Tuesday night to a meditation and yoga class. This was her one free night, and she said it seemed to be helping her. She would breathe in, imagining that she was finding ways to deal with her debts. She would breathe out, telling herself that her money problems would one day be behind her. It went on like this, Tuesday after Tuesday. Finally, one day I looked through her finances with her. I figured out that if she spent four or five months working a part-time job on Tuesday nights, she could actually pay off all the money she owed. I told her I had nothing against yoga or meditation. But I did think its always best to try to treat the disease first. Her symptoms were stress and anxiety. Her disease was the money she owed. "Why don't you get a job on Tuesday nights and skip yoga for a while?" I suggested. This was something of a revelation to her. And she took my advice. She became a Tuesday-night waitress and soon enough paid off her debts. After that, she could go back to yoga and really breathe easier.

We have become a society of indulgent consumers resulting in rapidly increasing debt both personally and as a nation.

We owe some of our successes to people who did not want to help us more than we do to those who have helped us.

When I visited George Bernard Shaw, in 1948, at his home in Aylot, a suburb of London, he was extremely anxious for me to tell him all that I knew about Ingersoll. During the course of the conversation, he told me that Ingersoll had made a tremendous impression upon him, and had exercised an influence upon him probably greater than that of any other man. He seemed particularly anxious to impress me with the importance of Ingersoll's influence upon his intellectual endeavors and accomplishments. In view of this admission, what percentage of the greatness of Shaw belongs to Ingersoll? If Ingersoll's influence upon so great an intellect as George Bernard Shaw was that extensive, what must have been his influence upon others? What seed of wisdom did he plant into the minds of others, and what accomplishments of theirs should be attributed to him? The world will never know. What about the countless thousands from whom he lifted the clouds of darkness and fear, and who were emancipated from the demoralizing dogmas and creeds of ignorance and superstition? What will be Ingersoll's influence upon the minds of future generations, who will come under the spell of his magic words, and who will be guided into the channels of human betterment by the unparalleled example of his courageous life? The debt the world owes Robert G. Ingersoll can never be paid.

When Steve Eisman stumbled into this new, rapidly growing industry of specialty finance, the mortgage bond was about to be put to a new use: making loans that did not qualify for government guarantees. The purpose was to extend credit to less and less creditworthy homeowners, not so that they might buy a house but so that they could cash out whatever equity they had in the house they already owned.

When you are willing to be everything that you are, you become an infinitely creative source for everything in your life - including money.

Unless, of course, one chose to join the increasing numbers who had decided they were so deep in despair that there was nothing worse to fear in life. These were men who had finally, and so early, so surprisingly early seen enough of something in their own ives and in the lives around them to convince them of the final futility of efforts of efforts to break the mean monthly cycle of debt and borrowing, borrowing and debt.

We inherited a strong and flourishing country, and instead of making the investments - that is, the sacrifices - to maintain it, we chose to suck it dry and stick our children with the bill. If you want to see who is to blame for student debt, just look in the mirror. And if parents find themselves supporting kids beyond their college years, that is only, in the aggregate, a form of compensatory justice: the intergenerational transfer of wealth that should have been effected through taxation.

We tend to compartmentalize our debt: categorizing our mortgage debt as one kind of debt, installment loans as another, and credit cards as still another. Most treat all person (consumer) debt separately from mortgage debt. The fact is that debt is debt. All of it is owed and has to be paid back!

What heart in the kingdom of heaven would ever dream of constructing a metaphysical system of what we owed to God and why we owed it?

With a gun a man can rob a bank, with a bank a man can rob the world.

All of the problems we're facing with debt are manmade problems. We created them. It's called fantasy economics. Fantasy economics only works in a fantasy world. It doesn't work in reality.

Above all, recognize that if you have had success, you have also had luck — and with luck comes obligation. You owe a debt, and not just to your Gods. You owe a debt to the unlucky.

Absolutely pay off credit card debt. If you're not getting a match in your 401(k) and you've got credit card debt, you've got to get yourself out of credit card debt. When you get out of credit card debt, your credit score goes up and interest starts to go down.

A duty dodged is like a debt unpaid; it is only deferred, and we must come back and settle the account at last.

A global financial cabal engineered a fraudulent housing and debt bubble [2008], illegally shifted vast amounts of capital out of the US; and used 'privatization' as a form of piracy - a pretext to move government assets to private investors at below-market prices and then shift private liabilities back to government at no cost to the private liability holder Clearly, there was a global financial coup d'etat underway.

A hundredload of worry will not pay an ounce of debt.