A Quote by Josh Billings

Seneca devoted much of his time to writing essays in praise of poverty, and in lending money at usurious rates. — © Josh Billings
Seneca devoted much of his time to writing essays in praise of poverty, and in lending money at usurious rates.
The Roman philosopher Seneca the Younger (tutor to Nero) complained that his peers were wasting time and money accumulating too many books, admonishing that "the abundance of books is a distraction." Instead, Seneca recommended focusing on a limited number of good books, to be read thoroughly and repeatedly.
Putting an end to usurious rates is not going to be as simple as asking banks to lay down internal guidelines, policies and procedures.
I enjoy writing personal essays in the way of Charles Lamb because it goes back to the school days when I was good in writing essays.
We think there are better solutions to fighting poverty because we see what the War on Poverty has produced. It produced tens of trillions of dollars in spending. It has been a 51-year exercise, and yet the poverty rates in America today are not much better than when we started the War on Poverty.
How long can interest rates stay negative? Think about this. Not only are you lending your money to governments, but you're paying them interest for the privilege of doing so.
Whether the prayer of Seneca was granted we do not know; but, as we do not again hear of Marcus, it is probable that he died before his father, and that the line of Seneca, like that of so many great men, became extinct in the second generation.
Capital market liberalization includes freeing up deposit and lending rates, opening up the market to foreign banks, and removing restrictions on capital account transactions and bank lending. The focus is on deregulation, not on finding the right regulatory structure.
I've been writing for a long time, since the late '60s. But it hasn't been in the same form. I used to write scripts for television. I wrote for my comedy act. Then I wrote screenplays, and then I started writing New Yorker essays, and then I started writing plays. I didn't start writing prose, really, until the New Yorker essays, but they were comic. I didn't start writing prose, really, until the '90s. In my head, there was a link between everything. One thing led to another.
The art of banking is always to balance the risk of a run with the reward of a profit. The tantalizing factor in the equation is that riskier borrowers pay higher interest rates. Ultimate safety - a strongbox full of currency - would avail the banker nothing. Maximum risk - a portfolio of loans to prospective bankrupts at usurious interest rates - would invite disaster. A good banker safely and profitably treads the middle ground.
It has been convincingly demonstrated that countries where there are high rates of poverty, or high rates of economic inequality, are the countries with the highest rates of religious beliefs.
O how much mercy have I received the year past! How often has God caused his goodness to pass before me! And how poorly have I answered the vows I made this time twelve-month, to be wholly the Lord's, to be forever devoted to his service! The Lord help me to live more to his glory for the time to come. This has been a sweet, a happy day to me; blessed be God... I hardly ever so longed to live to God and to be altogether devoted to Him. I wanted to wear out my life in His service, and for His glory.
For many years I have devoted articles and essays to newspapers, from the inside. So criticism of the newspapers was a topic that I practiced for a long time.
Praise is nothing that accumulates. Praise is a sequence, especially if you've toiled for a long time. Praise does not pile up. So in a way, you can't get too much. I don't consider it to be a quantity that you can measure by volume.
It was hard to believe there was so much money in all this bitter and poverty-stricken world. So much money, so very much money, and someone else had it, someone who took it lightly and didn't need it.
I actually believe that some residue of discrimination would lessen, because it's my view that there is a certain percentage of the white population that stereotypes and makes assumptions about African Americans because they don't inject the history of slavery and Jim Crow into current incarceration rates, or crime rates, or poverty rates, or what have you.
Groups that work in black neighborhoods around the country have contended that much of subprime lending is 'predatory lending.'
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