The formerly incarcerated – returning citizens – often face a cruel irony in America. Having paid their debt to society, too many are banned from the ballot box that could help them dismantle policies that essentially extend their sentences.
The early part of my career I really struggled, getting turned down again and again. I was in debt, and it was horrible. And then my family hit such highs in their careers, I asked myself what I was thinking going into the same profession.
I had some terrible times – comparatively speaking. I saddled myself with a load of debt, I wasn’t liked by a lot of my fellow comics and I used to blame other people for me not getting a break. But now I realise I just wasn’t very good. And as soon as I became good, things took off pretty quickly.
We have no exposure in Europe and not made any finances to the companies there. So the question of Greek debt crisis impacting the bank does not arise.
You know the most important thing the Americans did for Iraq apart from liberating the country from Saddam was helping Iraq reduce its debt. The United States worked very hard to reduce 80 percent of Iraqi debt.
When I moved to L.A., I was penniless, absolutely beyond broke and in debt up to my eyeballs.
Our debt is out of control. What was a fiscal challenge is now a fiscal crisis. We cannot deny it; instead we must, as Americans, confront it responsibly. And that is exactly what Republicans pledge to do.
Elvis Presley was the big bang. He was the most influential single figure in the history of American pop culture. He changed the way we looked, thought, dressed, held a guitar. He didn’t invent rock & roll, but he defined it in a way that everyone who followed him owes him a debt.
In the 1970s, New York City defaulted on its debt, and yes, the consequences were painful. Enrollment plummeted at City University campuses, which until then had offered free education. Seven thousand police officers were laid off. Crime skyrocketed. Services for the poor disappeared.
The privatization plan weakens Social Security and threatens our economic security by creating trillions of dollars in new debt.
When I was running as an athlete, I’d be looking at my heart rate, monitoring when it started to peak, when it plateaued. I’d make a note of the oxygen debt in my body and would always be working to a specific time.
An increase in the debt ceiling should be accompanied by fundamental policy reforms, substantial budget savings, and a strong enforcement mechanism to tie the hands of any future Congress.
So about twenty years ago I gave up on painting – and got into terrible debt after buying a load of camera gear!
One of the things that Africa needs, everybody seems to agree, is some measure of debt relief.
The debate we won’t be having is whether or not the debt ceiling should be raised. We will not have a situation where people will hold the American economy hostage in order to achieve a specific agenda – at least not until 2013. So we think that is incredibly important as a matter of economic good.
Consumer banking – selling debt to middle class families – has been a gold mine.
The Republicans won the women’s vote in 2010. It was the first time since Ronald Reagan that the Republicans had won the women’s vote. And when you look at the issues that really drove women to the Republican Party, it’s been the issues related to the economy, to jobs, the debt.
Municipal debt outstanding doubled in the past 10 years. And in the past 30 years, the U.S. has been in real economic nirvana.
There are only two honest ways to reduce our debt: cut spending or raise revenues.
I had been working for eight years and all I had to show for it was this horrible debt. At one point we had the bailiff at the door.
The capitalist system is about taking from the Earth and from the other great commodity, labour. What’s happening with this system is that the rich are getting richer and the poor are getting poorer, and the only way out of it is supposed to be growth. But growth is debt. It’s going to make the situation worse.
In India, one has to have faith in equity. What are the alternatives – real estate, debt? If debt can give you 6 percent, equity can give you 15 percent.
I would vote against raising the national debt ceiling. Again, this is about mortgaging the future of unborn generations of Americans. It’s a form of taxation without representation. I don’t think we can do that.
Obama has been perhaps the most partisan President since Truman. He hasn’t learned to be civil – note his insulting speech to Paul Ryan, who did us the courtesy of scoring a budget. The president has to talk to Republicans when it comes to the debt ceiling. He has reached the debt ceiling before anyone expected.
This is the paradox of thrift: belt-tightening causes people to lose their jobs, because other people are not buying what they produce, so their debt burden rises rather than falls.
More than ever, a college diploma unlocks economic opportunity, provides students with a wealth of new skills and knowledge, and encourages innovation and growth. But more than ever, it also comes with a mountain of student loan debt.
In 1828 we raised the duties, on an average, to nearly fifty per cent, when the debt was on the eve of being discharged, and thereby flooded the country with a revenue, when discharged, which could not be absorbed by the most lavish expenditures.
I have heard firsthand from several small business owners about their struggle to borrow and their fear of taking on additional debt.
If we weren’t running deficits, if we weren’t spending more than we were taking in, there would be no reason whatsoever to increase the debt ceiling.
There’s no debt limit in the Constitution.
Sorrow ages you prematurely. When you’re in emotional debt, you’re pessimistic about the future and, even in your green years, long to return to the past to remedy the shortfalls of love and opportunity you suffered.
Congress must do what we said we would and find ways to pay for bills we propose so we don’t leave future generations mired in debt.
National service coupled with education awards, such as AmeriCorps programs or Teach For America, can help young people gain skills and contribute to society without accumulating excessive debt. It gives them a means to develop job skills and discover career paths.
I am prepared to discuss the things that I believe we need to do not just to raise the debt limit. Raising the debt limit is the easiest thing. That’s one vote away. The hard thing is to show the world we are serious about putting our spending in order so we can show people we’ll able to pay our bills down the road.
The great increase in longevity has produced a surge in the desire to accumulate assets for retirement. It has outpaced the ability of the private sector to produce assets, so we need a larger government debt.
My dream is to one day own a country house on the shore in England, have gotten married, wipe some debt off and get a few more good films.
A national debt, if it is not excessive, will be to us a national blessing.
I think some people don’t truly understand the situation, and they think, you know, the debt limit, it doesn’t really mean anything, and they don’t understand the implications on the U.S. economy and on the global markets.
Despite the debt, the traffic, the one-party rule, the taxes, and the eagerness of politicians to overwhelm small businesses and large corporate job producers with red tape and unnecessary regulations, the Golden State is still the most beautiful place to live and work in the United States.
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.
Deficits and debt threaten the growing American economy and our national security over the long term.
Trump divides his time between working some kind of ‘King Ralph’ angle, and claiming that he’s going to make the U.S. great again by using his business experience. We can only assume that means repeatedly declaring it bankrupt, then changing its name so he can just shake off all the debt.
Both on an individual and a national scale, debt imprisons.
Even if you were to fall into extreme financial hardship and file for bankruptcy, you need to understand that your student loan debt will not be discharged in bankruptcy. It is the Velcro of all debts.
Getting a family into work, supporting strong relationships, getting parents off drugs and out of debt – all this can do more for a child’s well-being than any amount of money in out-of-work benefits.
It shows nobility to be willing to increase your debt to a man to whom you already owe much.
Were I more conversant with literature and its great names, I could go on quoting them ad infinitum and acknowledge my debt for the merit you have been generous enough to find in my work.
It’s very difficult to explain to a normal working citizen the implications of what $18 trillion in debt means and what it means when the Federal Reserve buys the U.S. Treasury bonds to finance our loss every month.
I look at this in a very simple way: I want to bring the debt down.
Besides, we had a large debt, contracted at home and abroad in our War of Independence; therefore the great power of taxation was conferred upon this Government.
