Take any person, put them in the wrong environment, and they can get off to some pretty bad things. Warren Buffett has said that he would not like to get into debt because he doesn’t want to discover what behavior he’s capable of.
This time, instead of moving oceans and healing planets, let’s get our bills in order and pay down the debt so we control our own future.
Marriage, like death, is a debt we owe to nature.
Energetic action on debt would make a radical difference to the prospects of many of the poorest countries in the world, at no practical cost to creditor countries.
I try to help developing junior chess. When I lived in USSR, I got a lot of free help from very good coaches – now I am trying to repay that debt.
I can’t think of another enterprise other than being a homeowner that can’t have its debt restructured in bankruptcy. Corporations can but a homeowner can’t? Now with securitization the homeowner can’t go to the owner of the loan and work things out.
It is critical that low-income consumers have access to alternative products and services such as rent-to-own. It gives working-class families opportunities to obtain decent household items without incurring the burden of debt.
The party in power almost always unapologetically engages in deficit spending, while the other party argues passionately against the evils of debt and deficits.
We have a government that borrows $4 billion a day. We have a government that owes trillions of dollars in debt, half of that to foreigners, most of that to Chinese investors. I don’t – that is extreme. Not only is it extreme. It’s insane and it’s unsustainable.
With three kids, it was always very, very tight, and it was always a scramble for what was my next job. So I learned never to go into debt because I don’t want those monthly payments to preoccupy my thoughts.
Get rid of debt now.
The Republican argument that raising the debt ceiling encourages additional future spending is logically irresponsible. The debt ceiling has to be raised to authorize spending already approved by Congress. Despite that fallacy, the GOP has been able to score political points with its argument.
The idea that somebody is going to come in and make your debt go away and all be well for the future is really a fantasy.
If the official community is interested in asking the private sector to take another look at Greece, then it will have to be only as part of a broader process of addressing the full range of sovereign debt issues in Europe.
The debt ceiling at some point has to be raised. I don’t think there’s anybody that questions the fact that if we ended up getting in a situation where the U.S. government was sending out IOUs like the state of California did at one point, that ends up creating quite a brand problem for our country.
While President Bush’s tax give-aways for the rich are pushing us further into debt, he compensates by increasing the out-of-pocket costs to our veterans.
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.
The world owes an ecological debt to the African continent.
The very nature of finance is that it cannot be profitable unless it is significantly leveraged… and as long as there is debt, there can be failure and contagion.
Like almost everyone who uses e-mail, I receive a ton of spam every day. Much of it offers to help me get out of debt or get rich quick. It would be funny if it weren’t so exciting.
We should make sure that unscrupulous schools do not prey on uninformed students, leaving them with high debt and useless degrees.
It has to be understood, it has to be measured, and the investment needs to make sense, but debt on its face is not a bad thing.
I get up every single day trying to repay a debt that I can never repay. Never. And I will work hard. Because I don’t know why I was saved. I don’t know.
Student loan debt is a real problem. People want to have serious conversations about that.
To my mind, the main reason for the Depression in the United States as a whole, is the bondage of debt and the spirit of speculation among the people.
Washington’s answer to a self-inflicted financial crisis reminded Americans why they so deeply distrust the political class. The ‘fiscal cliff’ process was secretive and sloppy, and the nation’s so-called leadership lacked the political courage to address our root problems: joblessness and debt.
I was on the national Pentathlon team for a few years, but there was no funding for athletes in Canada. I was in a massive amount of personal debt at the age of 21, so I joined a little modelling and talent agency to get a some work, to do anything so that I didn’t have to drop out of school.
As the wedded pair have given each other power over their bodies, it would be a grave sin for one to refuse either altogether or for a considerable time the fulfilment of the marriage debt.
I’m constantly questioning the effects technology has had on our lives and the effect that monetary debt has had on all of us. We keep this as a dark little secret: ‘This is how much interest I owe.’
If you have debt I’m willing to bet that general clutter is a problem for you too.
I was a first-generation college student. This was supposed to be the ticket to prosperity. But it wasn’t. I left college with a mountain of debt and no practical skills.
I have been in love, and in debt, and in drink, this many and many a year.
There are no shortcuts when it comes to getting out of debt.
Nobody believes Macri can pay back the debt.
You can’t explain collateralized debt obligation in a novel – it’s too draggy.
I was so in debt by the end of ‘Dust Devil,’ having picked up the tab personally for the post-production of the movie, and having no way to recoup because I didn’t own the rights to the movie. There was no way I could see any money back on it, so any money spent was just a dead loss.
Your child probably won’t get into the Ivy League or win a sports scholarship. At age 24, he might be back in his childhood bedroom, in debt, after a mediocre college career. Raise him so that, if that happens, it will still have been worth it.
I came of age when jobs were plentiful and college not exorbitantly expensive. I graduated with debt, but it was manageable, and I set off to do something I loved – journalism.
If you lose control of your debt and deficit, you get massive cuts in things such as health and education. You get appalling insecurity, jobs lost, firms going overseas.
Well, the problem of the federal government is that they print money and go in debt. That’s their national policy, Democrats and Republicans it doesn’t matter. And this is where I differ.
We have managed to acquire $13 trillion of debt on our balance sheet. In my view we have nothing to show for it. We haven’t invested in our roads, our bridges, our waste-water systems, our sewer systems. We haven’t even maintained the assets that our parents and grandparents built for us.
I always think a debt ceiling is a good tool to carry something.
I’ve stood in rooms in urban, rural, and suburban parts of my state and asked a room of middle class voters to raise their hands if the college debt of someone in their family is affecting their financial situation. Without exception, at least three quarters of the room will raise their hand.
Produce what you consume; draw from the native element the necessaries of life. Permit no vitiated taste to lead you into the indulgence of expensive luxuries, which can only be obtained by involving yourselves in debt.
Our national debt poses a threat to all Americans and is particularly troublesome both for well-established businesses and for those seeking to enter into the marketplace.
When I was 12, my mother passed away from heart failure, leaving us in grief and in debt from her medical bills.
The marathon is all about energy management. I had planned to run it like a track race with strategic surges to blow up my competitors by putting them into oxygen debt, so that is the way I prepared.
Well obviously the economy is critical to everything we do and we need to get the economy back in shape, the deficit down, the debt paid off, so that the economy can grow again and grow properly.
It’s a scary thing going into the workforce with a $50,000 debt and you’ve been trained as a classical theatre actor. There’s always a depression in the theatre.
I carry cash around with me all the time as I like buying dancers I’m working with snacks and drinks, but I also use my Amex card and a Coutts Visa card, which I always pay off in full every month. I hate the idea of being in debt.
America owes a debt of gratitude to all service members who have fought to preserve the freedoms we all know and cherish today.
The Citizen’s Petition reflects Vermont’s spirit of pragmatism and across-the-board cooperation. I applaud the ‘Campaign to Fix the Debt’ for calling attention to one of the country’s most pressing problems, our ballooning national debt, and for urging policymakers to find practical solutions.
As a young single mum struggling to get by, I didn’t get to go to university, but that level of debt would have been unimaginable.
