A Quote by Ken Livingstone
I have only ever borrowed money for investment. I have been sound money all my life.
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Look, I'm very much in favor of tax cuts, but not with borrowed money. And the problem that we've gotten into in recent years is spending programs with borrowed money, tax cuts with borrowed money, and at the end of the day that proves disastrous. And my view is I don't think we can play subtle policy here.
The problem is that borrowing money to pay back more borrowed money that will oblige you in the future to borrow even more money doesn't sound kosher. Because it isn't.
Any money the government spends must be taxed, borrowed or conjured out of thin air by the Federal Reserve, and that will reduce sound private investment. Obama has no real wealth to inject into the economy. He can only move around existing money while inflation robs us of purchasing power. Meanwhile, private investors who might have produced a better engine, battery, computer, cancer treatment or other wealth-creating and life-enhancing innovations hold back for fear that big government will undermine productive efforts.
To walk in money through the night crowd, protected by money, lulled by money, dulled by money, the crowd itself a money, the breath money, no least single object anywhere that is not money. Money, money everywhere and still not enough! And then no money, or a little money, or less money, or more money but money always money. and if you have money, or you don't have money, it is the money that counts, and money makes money, but what makes money make money?
Borrowed thoughts, like borrowed money, only show the poverty of the borrower.
I don't save money. Save is a four letter word! I like to borrow money because I can get richer faster on borrowed money. I have what is called retained earnings, so I don't have to save money. If I need money, I will go out and borrow it.
I was never completely destitute. I think I borrowed money once off a friend, but I've always been quite careful with my money, having come from not much of it.
You cannot establish sound security on borrowed money.
For after all, what is there behind, except money? Money for the right kind of education, money for influential friends, money for leisure and peace of mind, money for trips to Italy. Money writes books, money sells them. Give me not righteousness, O lord, give me money, only money.
Investors, of course, can, by their own behavior make stock ownership highly risky. And many do. Active trading, attempts to "time" market movements, inadequate diversification, the payment of high and unnecessary fees to managers and advisors, and the use of borrowed money can destroy the decent returns that a life-long owner of equities would otherwise enjoy. Indeed, borrowed money has no place in the investor's tool kit.
God, how impossible life is without money. Nothing can ever overcome it, it's everything when it's anything. How can I write in peace with endless worries of money, money, money? (“Disappearing Act”)
Whenever money is in the game, it can suffocate anything and anyone else, and I think people have been misled by money, or the dream of money, or selling the dream that if you've made it money-wise, you've made a life. Which is a lie. You don't get happiness by money.
The leading edge of the best science in the world is being driven by private money, and investment money because of the scarcity of government money to do this. It's not only by far the best and most advanced science, we're driving the equation at Human Longevity that everyone else is beginning to follow as well.
The only investment I ever made which has paid consistently increasing dividends is the money I have given to the Lord.
I made a lot of money. I earned a lot of money with CNN and satellite and cable television. And you can't really spend large sums of money, intelligently, on buying things. So I thought the best thing I could do was put some of that money back to work - making an investment in the future of humanity.
You really don't need leverage in this world much. If you're smart, you're going to make a lot of money without borrowing. I've never borrowed a significant amount of money in my life. Never. Never will. I've got no interest in it.
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