Banks Quotes - page 5
But it will be asked, are we to have no banks? Are merchants and others to be deprived of the resource of short accommodations, found so convenient? I answer, let us have banks; but let them be such as are alone to be found in any country on earth, except Great Britain. There is not a bank of discount on the continent of Europe (at least there was not one when I was there) which offers anything but cash in exchange for discounted bills.
Thomas Jefferson
We were laboring under a dropsical fulness of circulating medium. Nearly all of it is now called in by the banks, who have the regulation of the safety-valves of our fortunes, and who condense and explode them at their will. Lands in this State cannot now be sold for a year's rent; and unless our Legislature have wisdom enough to effect a remedy by a gradual diminution only of the medium, there will be a general revolution of property in this state.
Thomas Jefferson
[The] Bank of the United States... is one of the most deadly hostility existing, against the principles and form of our Constitution... An institution like this, penetrating by its branches every part of the Union, acting by command and in phalanx, may, in a critical moment, upset the government. I deem no government safe which is under the vassalage of any self-constituted authorities, or any other authority than that of the nation, or its regular functionaries. What an obstruction could not this bank of the United States, with all its branch banks, be in time of war! It might dictate to us the peace we should accept, or withdraw its aids. Ought we then to give further growth to an institution so powerful, so hostile?
Thomas Jefferson
The big banks are the "state apparatus" which we need to bring about socialism, and which we take ready-made from capitalism' our task here is merely to lop off what capitalistically mutilates this excellent apparatus, to make it even bigger, even more democratic, even more comprehensive. Quantity will be transformed into quality. A single State Bank, the biggest of the big, with branches in every rural district, in every factory, will constitute as much as nine-tenths of the socialist apparatus.
Vladimir Lenin
For me the intentions of background music are openly political, and an example of how political power is constantly shifting from the ballot box into areas where the voter has nowhere to mark his ballot paper. The most important political choices in the future will probably never be consciously exercised. I'm intrigued by the way some background music is surprisingly aggressive, especially that played on consumer complaint phone lines and banks, airplanes and phone companies themselves, with strident non-rhythmic and arms-length sequences that are definitely not user-friendly.
J. G. Ballard
The problem is that the solution does not depend upon the death of Osama bin Laden. Because the Osama bin Ladens are too many, by now: as cloned as the sheep of our research laboratories. In fact, the best trained and the more intelligent do not stay in the Muslim countries... They stay in our own countries, in our cities, our universities, our business companies. They have excellent bonds with our churches, our banks, our televisions, our radios, our newspapers, our publishers, our academic organizations, our unions, our political parties. Worse, they live in the heart of a society that hosts them without questioning their differences, without checking their bad intentions, without penalizing their sullen fanaticism.
Oriana Fallaci
I dash out to the banks of the river [river the 'Loup', at Cagnes, France] and find myself amongst the rushes and the reeds. I grind some pigment over all this and the wind makes their slender stalks bend and appliqués them with precision and delicacy on to my canvas, which I thus offer to quivering nature: I obtain a vegetal mark. Then it starts to rain; a fine spring rain: I expose my canvas to the rain.... and I have the mark of the rain!
Yves Klein
A long period of distress and anarchy, in which empire, and arts, and riches, had migrated from the banks of the Tiber, was incapable of restoring or adorning the city; and, as all that is human must retrograde if it do not advance, every successive age must have hastened the ruin of the works of antiquity.
Edward Gibbon
Mr. Rockefeller not only owns the Standard Oil supplies: he controls the railways, the banks, the shops...upon which his Trust depends. The Steel Corporation not only makes steel; it owns coal and iron fields, ore steamers, the Erie and Pittsburgh mineral railway, as well as the operatives in Homestead. We oppose the Trust, not as an organisation, but because it is controlled by individuals for their own ends...But the Trust points out the line of British advance. In this country, however, the introduction of the Trust should be marked by public ownership.
Ramsay MacDonald
I often get letters, quite frequently, from people who say how they like the programmes a lot, but I never give credit to the almighty power that created nature. To which I reply and say, "Well, it's funny that the people, when they say that this is evidence of the Almighty, always quote beautiful things. They always quote orchids and hummingbirds and butterflies and roses." But I always have to think too of a little boy sitting on the banks of a river in west Africa who has a worm boring through his eyeball, turning him blind before he's five years old. And I reply and say, "Well, presumably the God you speak about created the worm as well," and now, I find that baffling to credit a merciful God with that action. And therefore it seems to me safer to show things that I know to be truth, truthful and factual, and allow people to make up their own minds about the moralities of this thing, or indeed the theology of this thing.
David Attenborough
I want to make sure you keep your eyes on the ball, that is, the two basic missions of a central bank. The first is maintaining macroeconomic stability: maintaining stable growth and keeping inflation low and stable. The principal policy tool for maintaining macroeconomic stability is monetary policy. In normal times, the Fed and other central banks use open market operations-purchases and sales of securities in markets-to move interest rates up or down, and in doing so try to create a more stable macroeconomic environment.
The second part of a central bank's mission is maintaining financial stability. Central banks are focused on trying to ensure that the financial system functions properly, and in particular, they want to prevent, if possible, and if not, to mitigate the effects of a financial crisis or a financial panic.
Ben Bernanke
