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Debt Quotes

At Cornell University, it was well known that after five years on Wall Street, you could expect to be making half a million a year in salary and bonus; after 10 years, you could expect a million or more. I had 60 grand of university debt, and my parents had no retirement. I needed that money Picture Quote #1

So when folks talk about the deficit and leaving the deficit for our children, we will never get out of debt had this country until people get back to work, until they have good-paying jobs, and in between times, we will not move this economy forward until we are helping people be able to keep going in this recession Picture Quote #1

We can recognize and give credit where credit is due, to the debt of taste we owe Europe, but we have taste, too Picture Quote #1

If you don’t have the money management skills yet, using a debit card will ensure you don’t overspend and rack up debt on a credit card Picture Quote #1

High bankruptcy rates, increased credit card debt, and identity theft make it imperative that all of us take an active role in providing financial and economic education during all stages of one’s life Picture Quote #1

Debt is a drag, a reality you may experience with every credit-card bill you open. But for a corporation or a government, it can be even more of a drag - on economic growth and job creation Picture Quote #1

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On any measure, Spain’s bank rescue has been a disaster. A hundred million euros have been added to the national debt, ten-year bonds are at a record high and the country’s credit rating has been downgraded three notches Picture Quote #1

As borrowers, we may feel guilty about running up debt, anxious about making payments, and resentful of the constraints that old obligations (and old credit records) impose on our current choices. We may find it too easy to buy things we may later regret Picture Quote #1

It wasn’t until I stood in my truth and told everybody that I had $250,000 in credit card debt. At that point, everything turned around for me. I had to reveal the truth about what I didn’t have, more than pretend about what I did. That was interesting Picture Quote #1

The U.S. has a law on the books called the debt limit, but the name is misleading. The debt limit started in 1917 for the purpose of facilitating more national debt, not reducing it. It still serves that purpose. It’s unconnected to spending, hurts our credit rating and has been an abject failure at limiting debt Picture Quote #1

If you default on an unsecured debt, you won’t lose anything (except points on your credit score) Picture Quote #1

I never had credit card debt... I was very much about trying to gain my freedom, so it was about saving Picture Quote #1

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Mortgages were less about getting people into property than getting them into debt. Someone had to absorb the surplus supply of credit Picture Quote #1

Absolutely pay off your credit card debt, because a child can always get a loan to go to school, possibly a scholarship, a grant Picture Quote #1

Face the fact that there’s only one sure-fire way to erase credit card debt. By picking up a big, shiny pair of scissors and cutting your wife in half Picture Quote #1

People internalize, from the jail to student loan debt, to credit card debt, to unemployment to the whole collective. It manifests itself in many ways, in people’s home lives, domestic stuff Picture Quote #1

When you default on a secured debt, the creditor takes the asset that backs up that debt. When you convert credit card debt to mortgage debt, you are securing that credit card debt with your home. That’s a risky proposition Picture Quote #1

You also need to understand that when you consolidate credit card debt into mortgage debt - like a home equity loan or a HELOC [ home equity line of credit ] - you’re taking an unsecured debt and turning it into a secured debt Picture Quote #1

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The minute a Wall Street firm purchases your debt, your bank no longer has it on its financial statement, which then allows the bank to look for more credit card customers. That’s one reason why you get so many credit card offers Picture Quote #1

If you have a debt issue or credit card issue, start dealing with it. If you have a tax issue, don’t just say, ‘I’m not going to file.’ There are ways to deal with these things, but you must communicate with your creditors, whether it’s a credit card company or tax department Picture Quote #1

Our [western] culture embraces sex addiction. If I drink too much or rack up credit-card debt or lose the rent in Vegas, that’s bad. But if I have many lovers, that’s good Picture Quote #1

There are lots of families who - who make irresponsible purchases. There are also a lot of families who have debt on credit cards because they use those credit cards to pay for medical bills Picture Quote #1

If you fail to pay your minimums for any debt on time, your credit score will take a major hit and you run the risk of seeing the interest rate on all of your cards go up. An easy way to remind yourself to pay, is to sign up to receive your statements via e-mail Picture Quote #1

I am perfectly happy to compromise and work with anybody. Republicans, Democrats, Libertarians. I’ll work with Martians. If Â- and the if is critical Â- they’re willing to cut spending and reduce the debt Picture Quote #1

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I am perfectly happy to compromise and work with anybody: Republicans, Democrats, Libertarians - I’ll work with Martians if - and the if is critical - they’re willing to cut spending and reduce the debt Picture Quote #1

The only way to reduce our national debt is to grow the economy and cut spending. We have no idea how our money is being spent. As president, I will move all agencies to zero-based budgeting so that every agency has to justify every dollar that they spend Picture Quote #1

Make no mistake: I will work with both Democrats and Republicans to cut wasteful spending and reduce our debt in a balanced, responsible way Picture Quote #1

As an economist specializing in the global economy, international trade and debt, I have spent most of my career helping others make big decisions - prime ministers, presidents and chief executives - and so I’m all too aware of the risks and dangers of poor choices in the public as well as the private sphere Picture Quote #1

My debt to you, BelovÃƒÂ¨d, Is one I cannot pay In any coin of any realm On any reckoning day Picture Quote #1

But obviously, we’re looking for all good ideas to help deal with our long-term debt problem. This is something that is going to affect our economy. It affects our kids. And we need to deal with it Picture Quote #1

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At Cornell University, it was well known that after five years on Wall Street, you could expect to be making half a million a year in salary and bonus; after 10 years, you could expect a million or more. I had 60 grand of university debt, and my parents had no retirement. I needed that money. (Debt Quotes) So when folks talk about the deficit and leaving the deficit for our children, we will never get out of debt had this country until people get back to work, until they have good-paying jobs, and in between times, we will not move this economy forward until we are helping people be able to keep going in this recession. (Debt Quotes) We can recognize and give credit where credit is due, to the debt of taste we owe Europe, but we have taste, too. (Debt Quotes) If you don’t have the money management skills yet, using a debit card will ensure you don’t overspend and rack up debt on a credit card. (Debt Quotes) High bankruptcy rates, increased credit card debt, and identity theft make it imperative that all of us take an active role in providing financial and economic education during all stages of one’s life. (Debt Quotes) Debt is a drag, a reality you may experience with every credit-card bill you open. But for a corporation or a government, it can be even more of a drag - on economic growth and job creation. (Debt Quotes) On any measure, Spain’s bank rescue has been a disaster. A hundred million euros have been added to the national debt, ten-year bonds are at a record high and the country’s credit rating has been downgraded three notches. (Debt Quotes) As borrowers, we may feel guilty about running up debt, anxious about making payments, and resentful of the constraints that old obligations (and old credit records) impose on our current choices. We may find it too easy to buy things we may later regret. (Debt Quotes) It wasn’t until I stood in my truth and told everybody that I had $250,000 in credit card debt. At that point, everything turned around for me. I had to reveal the truth about what I didn’t have, more than pretend about what I did. That was interesting. (Debt Quotes) The U.S. has a law on the books called the debt limit, but the name is misleading. The debt limit started in 1917 for the purpose of facilitating more national debt, not reducing it. It still serves that purpose. It’s unconnected to spending, hurts our credit rating and has been an abject failure at limiting debt. (Debt Quotes) If you default on an unsecured debt, you won’t lose anything (except points on your credit score). (Debt Quotes) I never had credit card debt... I was very much about trying to gain my freedom, so it was about saving. (Debt Quotes) Mortgages were less about getting people into property than getting them into debt. Someone had to absorb the surplus supply of credit. (Debt Quotes) Absolutely pay off your credit card debt, because a child can always get a loan to go to school, possibly a scholarship, a grant. (Debt Quotes) Face the fact that there’s only one sure-fire way to erase credit card debt. By picking up a big, shiny pair of scissors and cutting your wife in half. (Debt Quotes) People internalize, from the jail to student loan debt, to credit card debt, to unemployment to the whole collective. It manifests itself in many ways, in people’s home lives, domestic stuff. (Debt Quotes) When you default on a secured debt, the creditor takes the asset that backs up that debt. When you convert credit card debt to mortgage debt, you are securing that credit card debt with your home. That’s a risky proposition. (Debt Quotes) You also need to understand that when you consolidate credit card debt into mortgage debt - like a home equity loan or a HELOC [ home equity line of credit ] - you’re taking an unsecured debt and turning it into a secured debt. (Debt Quotes) The minute a Wall Street firm purchases your debt, your bank no longer has it on its financial statement, which then allows the bank to look for more credit card customers. That’s one reason why you get so many credit card offers. (Debt Quotes) If you have a debt issue or credit card issue, start dealing with it. If you have a tax issue, don’t just say, ‘I’m not going to file.’ There are ways to deal with these things, but you must communicate with your creditors, whether it’s a credit card company or tax department. (Debt Quotes) Our [western] culture embraces sex addiction. If I drink too much or rack up credit-card debt or lose the rent in Vegas, that’s bad. But if I have many lovers, that’s good. (Debt Quotes) There are lots of families who - who make irresponsible purchases. There are also a lot of families who have debt on credit cards because they use those credit cards to pay for medical bills. (Debt Quotes) If you fail to pay your minimums for any debt on time, your credit score will take a major hit and you run the risk of seeing the interest rate on all of your cards go up. An easy way to remind yourself to pay, is to sign up to receive your statements via e-mail. (Debt Quotes) I am perfectly happy to compromise and work with anybody. Republicans, Democrats, Libertarians. I’ll work with Martians. If Â- and the if is critical Â- they’re willing to cut spending and reduce the debt. (Debt Quotes) I am perfectly happy to compromise and work with anybody: Republicans, Democrats, Libertarians - I’ll work with Martians if - and the if is critical - they’re willing to cut spending and reduce the debt. (Debt Quotes) The only way to reduce our national debt is to grow the economy and cut spending. We have no idea how our money is being spent. As president, I will move all agencies to zero-based budgeting so that every agency has to justify every dollar that they spend. (Debt Quotes) Make no mistake: I will work with both Democrats and Republicans to cut wasteful spending and reduce our debt in a balanced, responsible way. (Debt Quotes) As an economist specializing in the global economy, international trade and debt, I have spent most of my career helping others make big decisions - prime ministers, presidents and chief executives - and so I’m all too aware of the risks and dangers of poor choices in the public as well as the private sphere. (Debt Quotes) My debt to you, BelovÃƒÂ¨d, Is one I cannot pay In any coin of any realm On any reckoning day. (Debt Quotes) But obviously, we’re looking for all good ideas to help deal with our long-term debt problem. This is something that is going to affect our economy. It affects our kids. And we need to deal with it. (Debt Quotes)

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