A Quote by Hannah Arendt

The heritage of the American Revolution is forgotten, and the American government, for better and for worse, has entered into theheritage of Europe as though it were its patrimony--unaware, alas, of the fact that Europe's declining power was preceded and accompanied by political bankruptcy, the bankruptcy of the nation-state and its concept of sovereignty.
Bankruptcy is about financial death and financial rebirth. Bankruptcy is the great American story rewritten. We're a nation of debtors.
Europe is my home, Europe is my continent. Europe is where we live. The European Union is a political bureaucratic organization that took away our identity and our national sovereignty. So, I would get rid of the European Union and be a nation-state again.
I do not know if the doctrine that the nation-state arose in the 19th century was still being taught:;... but it is erroneous. The nation-state reaches back far into the origins of Europe itself and perhaps beyond. If Europe was not always a Europe of nations, it was always a Europe in which nations existed, and were taken for granted, as a basic form of the State.
When an American declares bankruptcy, when he hits bottom, he can reinvent himself. There's a story he can tell. We tolerate reinvention. We encourage reinvention. That's what this country has that Europe does not. It's not just a crisis; it's an opportunity.
We know that there were so many Japanese American soldiers in World War II who were fighting in Europe despite the fact that their families, their parents were back home in American prison camps. It's savagely ironic that between themselves and the African-American soldiers, who were also segregated and didn't see the fruition of the work the culminated in the Civil Rights Act until the '60s, that these American heroes and their stories are not well known; and the fact that the 442nd/100th became the most decorated unit in U.S. history.
The fact is, out of all the possible reasons for going bankrupt, only three account for nearly 90 percent of bankruptcy: a job loss, a medical problem, or a divorce. And the fact is that those are exactly the kind of calamities that the bankruptcy courts were designed to help people through.
[The Drafters of the Constitution] were intent on avoiding more than 100 years of religious intolerance and persecution in American colonial history and an even longer heritage of church-state problems in Europe.
In 1997, the National Bankruptcy Review Commission recommended that chapter 12 of the Federal Bankruptcy Code, the chapter that contains bankruptcy protection for family farmers, be made permanent.
Germany has become the economic heart of Europe because our leaders are weak. But Germany should never forget that France is Europe's political heart. What is happening here today foreshadows what will happen in the rest of Europe in the coming years: the great return of the nation-state, which they wanted to obliterate.
It is not to save capitalism that we fight in Russia … It is for a revolution of our own. … If Europe were to become once more the Europe of bankers, of fat corrupt bourgeoisies we should prefer Communism to win and destroy everything. We would rather have it all blow up than see this rottenness resplendent. Europe fights in Russia because it [i.e., Fascist Europe] is Socialist. what interests us most in the war is the revolution to follow The war cannot end without the triumph of Socialist revolution.
I think that most people don't think in terms of an American revolution, they think in terms of a Russian revolution, or even a Ukrainian revolution. But the idea of an American revolution does not occur to most people. And when I came down to the movement milieu seventy-five years ago, the black movement was just starting, and the war in Europe had brought into being the "Double V for Victory" [campaign]: the idea was that we ought to win democracy abroad with democracy at home. And that was the beginning of an American revolution, and most people don't recognize that.
Many Americans, but Republicans in particular, long opposed the nationalization of industry and state-controlled companies that are more common in Europe. Instead, they were proud of the American commitment to both economic and political freedom.
In comparison to the French Revolution, the American Revolution has come to seem a parochial and rather dull event. This, despitethe fact that the American Revolution was successful--realizing the purposes of the revolutionaries and establishing a durable political regime--while the French Revolution was a resounding failure, devouring its own children and leading to an imperial despotism, followed by an eventual restoration of the monarchy.
America is the wealthiest nation on Earth, but its people are mainly poor, and poor Americans are urged to hate themselves... It is in fact a crime for an American to be poor, even though America is a nation of poor. Every other nation has folk traditions of men who were poor but extremely wise and virtuous, and therefore more estimable than anyone with power and gold. No such tales are told by American poor. They mock themselves and glorify their betters.
History teaches us that the capacity of things to get worse is limitless. Roman history suggests that the short, happy life of the American republic may be coming to its end... the US will probably maintain a facade of constitutional government and drift along until financial bankruptcy overtakes it.
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.
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