A Quote by Mitch Daniels

I refer to the debt - the new red menace. This time consisting of ink. — © Mitch Daniels
I refer to the debt - the new red menace. This time consisting of ink.
I refer, of course, to the debts our nation has amassed for itself over decades of indulgence. It is the new Red Menace, this time consisting of ink. We can debate its origins endlessly and search for villains on ideological grounds, but the reality is pure arithmetic.
The eye is a menace to clear sight, the ear is a menace to subtle hearing, the mind is a menace to wisdom, every organ of the senses is a menace to its own capacity.
In writing biography, fact and fiction shouldn't be mixed. And if they are, the fictional points should be printed in red ink, the facts printed in black ink.
Your goal over time is to use less red ink every day.
Goals work. Pick one debt, and then put every dime into paying down that one debt. Once that debt is paid off, start paying down the next debt. Pretty soon it's time to move from paying debt to building savings.
America has been a land of dreams. A land where the aspirations of people from countries cluttered with rich, cumbersome, aristocratic, ideological pasts can reach for what once seemed unattainable. Here they have tried to make dreams come true. Yet now... we are threatened by a new and particularly American menace. It is not the menace of class war, of ideology, of poverty, of disease, of illiteracy, or demagoguery, or of tyranny, though these now plague most of the world. It is the menace of unreality.
If I could go into a time machine and be in my 20s again and do 'Flora the Red Menace,' I would. That was always the one. I mean, have they done that? I don't think so. No one's done that show. That was sort of a dream role of mine.
The model for our early bankruptcy laws was Deuteronomy, the idea that, under certain circumstances - in Deuteronomy, it is simply the passage of seven years' time - people are released from debt, simply because they are released from debt. No more debt. You start over again. This has been a very powerful model in this country. It's being destroyed now. People talk about how much new employment, new wealth, and so on are continuously generated in this country.
But NESV has always had debt from the first day we purchased the Red Sox. We have some partners who look at Internal Rate of Return (IRR) and almost demand that we have debt as a consequence.
I don't need debt. And if I need debt, if I want debt, I can get it from banks in New York City very easily.
Shipping first time code is like going into debt. A little debt speeds development so long as it is paid back promptly with a rewrite. The danger occurs when the debt is not repaid. Every minute spent on not-quite-right code counts as interest on that debt. Entire engineering organizations can be brought to a standstill under the debt load of an unconsolidated implementation, object-oriented or otherwise.
If I decide to make a coat red in the show, it's not just red, I think: is it communist red? Is it cherry cordial? Is it ruby red? Or is it apple red? Or the big red balloon red?
And an equation is the same whether it's written in red or green ink
Housing wealth - the net equity held by households, consisting of the value of their homes minus their mortgage debt - is the most important source of wealth for all but those at the very top.
As mayor, my New Deal for New York will be a massive infrastructure, stimulus, and jobs program consisting of a $10 billion investment.
I'll refer to my music in color, like 'This song needs to be bright red.'
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