Treasury Quotes - page 2
It will hereafter be scarcely believed that an invention so eminently scientific, and which could never have been derived but from the sterling treasury of science, should have been claimed on behalf of an engine-wright of Killingworth, of the name of Stephenson - a person not even possessing a knowledge of the elements of chemistry.
George Stephenson
Hundreds of thousands of rouble notes are being issued daily by our treasury. This is done, not in order to fill the coffers of the State with practically worthless paper, but with the deliberate intention of destroying the value of money as a means of payment... Experience has taught us it is impossible to root out the evils of capitalism merely by confiscation and expropriation... The simplest way to exterminate the very spirit of capitalism is therefore to flood the country with notes of a high face-value without financial guarantees of any sort. ...[T]he great illusion of the value and power of money, on which the capitalist state is based will have been definitely destroyed.
Vladimir Lenin
The skills and productivity of American Workers, not to mention the taxes they pay, are the greatest economic resource our country has. To condemn large numbers of them to unemployment, to deprive the Treasury of their tax contributions and to force them to live on unemployment at public expense is the most expensive luxury any society ever chose to buy.
Lane Kirkland
The Filipino, it seems, has lost his soul, his dignity, and his courage. We have come upon a phase of our history when ideals are only a veneer for greed and power, (in public and private affairs) when devotion to duty and dedication to a public trust are to be weighted at all times against private advantages and personal gain, and when loyalties can be traded...Our government is in the iron grip of venality, its treasury is barren, its resources are wasted, its civil service is slothful and indifferent, its armed forces demoralized and its councils sterile. We are in crisis. You know that the government treasury is empty. Only by severe self-denial will there be hope for recovery within the next year...This nation can be great again. This I have said over and over. It is my articles of faith, and Divine Providence has willed that you and I can now translate this faith into deeds.
Ferdinand Marcos
How long will men dare to call anything expedient that is not right? Can odium and infamy be of service to any empire, which ought to be supported by glory and by the good-will of its allies? I was often at variance even with my friend Cato. He seemed to me to guard the treasury and the revenues too obstinately, to refuse everything to the farmers of the revenue, and many things to our allies; while we ought to be generous to our allies, and to deal with the farmers of the revenue as leniently as we individually do with our own tenants, especially as the union of orders to which such a course would conduce is for the well-being of the state.
Cicero
That said, there can be little doubt that exceptionally low interest rates on ten-year Treasury notes, and hence on home mortgages, have been a major factor in the recent surge of homebuilding and home turnover, and especially in the steep climb in home prices. Although a 'bubble' in home prices for the nation as a whole does not appear likely, there do appear to be, at a minimum, signs of froth in some local markets where home prices seem to have risen to unsustainable levels.
Alan Greenspan
Of course, shedding the debt burden would be a happy development for our country, but it would nevertheless pose a big dilemma for the Fed. Our primary lever of monetary policy was buying and selling treasury securities-Uncle Sam's IOU's. But as the debt was paid down, those securities would grow scarce, leaving the Fed in need of a new set of assets to effect monetary policy.
Alan Greenspan
Mankind's problems can no longer be solved by national governments. What is needed is a World Government. This can best be achieved by strengthening the United Nations system. In some cases, this would mean changing the role of UN agencies from advice-giving to implementation. But some of the most important new institutions would be financial-a World Treasury and a World Central Bank. Just as each nation has a system of income redistribution, so there should be a corresponding ‘World Financial Policy' to be implemented by the World Bank and the World Central Bank. Some of these proposals are, no doubt, far-fetched and beyond the horizon of today's political possibilities. But the idealist of today often turns out to be the realists of tomorrow.
Jan Tinbergen
We must recognize today that it is normal for the wealthiest to be the greatest thieves. When a poor man steals it is merely a theft, a petty crime -- it is solely about survival and necessity. The rich are the ones who steal from the treasury, customs duties, and who exploit the people.
Thomas Sankara
The utter collapse of this Profoundly criminal Bush conspiracy will come none too soon for people like me... The massive plundering of the U. S. Treasury and all its resources has been almost on a scale that is criminally insane, and has literally destroyed the lives of millions of American people and American families. Exactly. You and me, sport - we are the ones who are going to suffer, and suffer massively. This is going to be just like the Book of Revelation said it was going to be - the end of the world as we knew it.
Hunter S. Thompson
The Rumsfeld-Cheney axis has self-destructed right in front of our eyes, along with the once-proud Perle-Wolfowitz bund that is turning to wax. They somehow managed to blow it all, like a gang of kids on a looting spree, between January and July, or even less. It is genuinely incredible. The U. S. Treasury is empty, we are losing that stupid, fraudulent chickencrap War in Iraq, and every country in the world except a handful of Corrupt Brits despises us. We are losers, and that is the one unforgiveable sin in America.
Hunter S. Thompson
My broad position remains firmly libertarian, sceptical of official cover-ups and uncompromisingly internationalist, believing sovereignty to be an almost total illusion in the modern world, although both expecting and welcoming the continuance of strong differences in national traditions and behaviour. I distrust the deification of the enterprise culture. I think there are more limitations to the wisdom of the market than were dreamt of in Mrs Thatcher's philosophy. I believe that levels of taxation on the prosperous, having been too high for many years (including my own period at the Treasury), are now too low for the provision of decent public services. And I think the privatisation of near monopolies is about as irrelevant as (and sometimes worse than) were the Labour Party's proposals for further nationalisation in the 1970s and early 1980s.
Roy Jenkins
The ranks of the City are now divided. The advanced section, headed by Mr McKenna and Mr Keynes, face the orthodox and reactionary ranks which are led by Mr Montagu Norman and the heads of the Treasury. To the uninitiated it...seems a little unfortunate that the ex-Labour chancellor should appear...to be an ardent supporter of Mr Montagu Norman. It will be little less than a disaster if in this struggle Labour support is accorded to the reactionary elements in the City.
Oswald Mosley
