A Quote by Michael Hudson
Mr. Trump wants to turn the U.S. economy into the kind of real estate development that has made him so rich in New York. It will make his fellow developers rich, and it will make the banks that finance this infrastructure rich, but the people are going to have to pay for it in a much higher cost for transportation, much higher cost for all the infrastructure that he’s proposing. You could call Trump's plan "public investment to create private profit". That's really his plan in a summary.
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No matter how many rich people call New York their home, we don't really have enough capital here to build and maintain the infrastructure that a population needs to live. We don't have the federal money, and for-profit investors are just not interested in anything other than making the biggest profit they can.
[ Big infrastructure investment mentioned by Donald Trump] that would be a welcome development. We'll see if he wants to deliver on that. The truth is that if he does, we want to see infrastructure development too.
No matter how much money we have or make, we will probably never consider ourselves rich. The biggest challenge facing rich people is that they've lost they're ability to recognize that they're rich.
Donald Trump has been both a peculiar and characteristic American figure for more than three decades. Inheriting a small New York real-estate development company from his father, he parlayed it not so much into a big real-estate company, but himself into a fantasy of a big real-estate developer.
If you look at a farmer and his daily expenditure on existing energy services, it is much higher on an incremental delta basis. And then there is an emotional cost of not providing their kids with the right to educate. If you calculate these costs in economic terms and create a financing mechanism for them to buy it, the emotional delta cost is much higher compared to their household.
Why do you think there's so many thousands of Cuban doctors in Florida? Because they all had to leave Cuba. Because doctors were rich, and so the [Fidel] Castro government began confiscating all their property. Not much different from this plan to tax you at a higher rate if you and your family, you and your spouse make over $250,000. You're rich! So they must confiscate more your money.
We need investment in green economy infrastructure; public services, training and education; and a multilateral plan to create youth job opportunities.
When the rich plunder the poor of his rights, it becomes an example for the poor to plunder the rich of his property, for the rights of the one are as much property to him as wealth is property to the other, and the little all is as dear as the much. It is only by setting out on just principles that men are trained to be just to each other; and it will always be found, that when the rich protect the rights of the poor, the poor will protect the property of the rich. But the guarantee, to be effectual, must be parliamentarily reciprocal.
Considering community support and cost-benefit analysis, I have supported earmarks for projects of high public purpose involving such areas as higher education, alternative energy, transportation, medical research and military infrastructure.
You know what higher interest rates mean. To you it means a higher mortgage payment, a higher car payment, a higher credit card payment. To our economy, it means business people will not borrow as much money, invest as much money, create as many new jobs, create as much wealth, raise as many raises.
Couture was only for rich people. Givenchy was for rich people. A bag cost 5,000 euro; a coat cost 10,000 euro. In the beginning, I couldn't react. I was just working like a machine, because I wanted to make the house happy.
The fact that Trump's refused to divest from his labyrinth of business holdings, the fact that he's continuing to profit from his brand and indeed create all kinds of new opportunities to profit off the presidency is outrageous. The flip side is that he's left out a lot of levers through which to pressure him. You know, the reason you want a president to divest from his business holdings is that foreign governments can try to exert pressure on him by becoming customers of these hotels and inflating the value of how much they're willing to pay for a Trump brand.
I`d say is stimulus infrastructure spending is not instant jobs. I think the real reason the president [Donald Trump] wants to do this is because we have a crumbling infrastructure problem and you need a good modern infrastructure for economic growth to occur.
Today Donald Trump reaffirmed his stance against gay marriage. Trump said marriage is between a rich guy and his much younger third wife.
[Donald trump] was steamed about [Hillary] Clinton's suggestion that he might not be as rich as he says. So he ditched the email stuff and instead spend a couple of minutes defending the greatness of his income, his company, his debts, his bankers, his buildings - and then sort of forgot what he was talking about and wandered off into a riff about how terrible our infrastructure is.
Mr. Mr. Mr. Trump... You've been in New York real estate and global real estate and the gaming industry and with politicians. You can't say, reasonably, that Ted Cruz is the biggest liar you've ever seen.
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