A Quote by Benjamin Franklin

Great spenders are bad lenders. — © Benjamin Franklin
Great spenders are bad lenders.
What you want to watch are the lenders, not the borrowers. The borrowers will always be willing to take a great deal for themselves. It's up to the lenders to show restraint, and when they lose it, watch out.
Today it is evident that we have two political parties: the Tax and Spenders and the No-Tax and Spenders. Neither party is fiscally conservative. Is there no room at the inn for an honest conservative? A conservative who makes the case for smaller government on its merits and not just as the fallback option when fiscal bankruptcy threatens?
Lenders, including major credit companies as well as payday lenders, have taken over the traditional role of the street-corner loan shark, charging the poor insanely high rates of interest.
I've repeatedly seen unscrupulous lenders use every con in the book to charm and lie to homeowners. Lenders actually paid brokers a premium to put people in higher-priced loans with toxic features, such as adjustable rates and prepayment penalties.
Before the CFPB, there was no single agency or entity within the federal government tasked with protecting Americans from predatory or negligent practices of banks, credit card companies, mortgage lenders, payday lenders, credit rating agencies and other financial service businesses.
The borrowers will always be willing to take a great deal for themselves. It’s up to the lenders to show restraint, and when they lose it, watch out.
These settlements [Justice Department with lenders] include requirements that banks lend to minorities at below-market rates and, in effect, dish out cash to politically favored 'community groups.' It's a good bet that many of these loans will eventually go bad.
In college, I had bad hair, bad clothes, bad teeth, and bad skin. That was not a great combination for being a sports announcer.
Boys are the cash of war. Whoever said: we're not free spenders- doesn't know our like.
I want to spread the message in the U.S. that there are good philanthropists in China, and not all are crazy spenders on luxury goods.
As it can be maintained that all the great advances have come from men under forty, so the history of the world shows that a very large proportion of the evils may be traced to the sexagenarians, nearly all the great mistakes politically and socially, all of the worst poems, most of the bad pictures, a majority of the bad novels and not a few of the bad sermons and speeches.
Borrowers are nearly always ill-spenders, and it is with lent money that all evil is mainly done and all unjust war protracted.
Savers like spenders, worriers like avoiders and planners marry dreamers.
When I get to Washington, I'll know how to cut pork. Washington is full of big spenders. Let's make them squeal.
The degree of leverage now being reversed is staggering, and the underlying global imbalances - notably between the savers and the spenders - will require long and painful adjustment.
The degree of leverage now being reversed is on a staggering scale, and the underlying global imbalances – notably between the savers and the spenders – will require long and painful adjustment.
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