Tonight, more Americans are out of work and more are working harder for less. More of you have lost your homes and even more are watching your home values plummet. More of you have cars you can't afford to drive, credit card bills you can't afford to pay, and tuition that's beyond your reach.
This whole business of Trade gives me to pause and think, as it constitutes false relations between men; inasmuch as I am prone tocount myself relieved of any responsibility to behave well and nobly to that person who I pay with money, whereas if I had not that commodity, I should be put on my good behavior in all companies, and man would be a benefactor to man, as being himself his only certificate that he had a right to those aids and services which each asked of the other.
QUOTIENT, n. A number showing how many times a sum of money belonging to one person is contained in the pocket of another - usually about as many times as it can be got there.
Annual income twenty pounds, annual expenditure nineteen six, result happiness. Annual income twenty pounds, annual expenditure twenty pound ought and six, result misery.
They call me eccentric. They used to call me nuts. I haven't changed. The only difference between being eccentric and being nuts is the number of security boxes you own.
The seven deadly sins... food, clothing, firing, rent, taxes, respectability and children. Nothing can lift those seven millstones from Man's neck but money; and the spirit cannot soar until the millstones are lifted.
So many people of wealth understand much more about making and saving money than about using and enjoying it. They fail to live because they are always preparing to live.
What we also have to recognize is that the deficit levels that I'm inheriting, over a trillion dollars, coming out of last year, that that is unsustainable. At a certain point, other countries stop buying our debt, at a certain point, we'd end up having to raise interest rates, and it would end up creating more economic chaos and potentially inflation.