A Quote by Mitt Romney
I'd like my grandkids to be able to watch PBS. But I'm not willing to borrow money from China, and make my kids have to pay the interest on that, and my grandkids, over generations, as opposed to saying to PBS, 'Look, you're going to have to raise more money from charitable contributions or from advertising.'
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I like PBS. I love Big Bird ... But I'm not going to keep on spending money on things to borrow money from China to pay for it.
The thing about advertising is that you make more money. You can put kids through college so they don't come out with loans. My kids don't, and my grandkids don't, and advertising paid for that.
You see kids walking to the bus, and they're watching product on their phones. I'm positive that my grandkids and their grandkids are going to put on a pair of glasses and watch something.
The current public television and radio system in the United States, while it's better than nothing, that's about the best you can say about it. It's nowhere near the standard it needs to be for our society, and we've got to make a commitment to rethink the system altogether. You know, just giving more money to what exists on PBS now would be not great; we've got to have a new vision of PBS.
When people hear I have six kids and 16 grandkids, they think, 'Oh, boy, you must get a lot of stories from them.' I don't. It's not like I'm behind the sofa in the living room taking notes while the grandkids carry on.
My dream is to be World Lightweight Champion in the UFC. Have more money than I know what to do with. And have a great life for my kids, grandkids, and everyone in my family.
Ultimately, we have to decide, with the Legislature: Are we willing to take some bold steps to make us even more competitive in the future, competing in a global economy? I think Nebraskans are willing to listen to that discussion. They want an opportunity for their kids and grandkids to live here.
What happens when you put all your money into your home? Everybody's going to want to move in, whereas rich people set money off for their great-great grandkids. They got money that's circling for itself.
[The U.S. Treasury] can borrow basically unlimited amounts. They can stay there for years and years. These assets will be worth more money over time. So when Merrill Lynch sells a bunch of mortgage-related assets at 22 cents on the dollar like they did a month or so ago, the buyer goes - is going to make money, and he's going to make a lot more money if it happens to be an institution like the U.S. government which has very, very cheap borrowing costs.
Look, they have taken our jobs, they have taken our money, and on top of that they have loaned the money to us and we actually pay them interest now on money. We owe China and Japan each $1.4 trillion.
The worst loophole is what Donald Trump has talked about: the tax deductibility of interest. If you let real estate owners or corporate raiders borrow the money to buy a property or company, and then pay interest to the bondholders, you'll load the company you take over with debt. But you don't have to pay taxes on the profits that you pay out in this way. You can deduct the interest from your tax liability.
I'm gonna make sure you talk about me, and your grandkids and kids after that gonna know about me...your great grandkids will say "wow, wasn't that a bizarre individual?"
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.
People see you on television, and they think you make the same amount of money that Clint Eastwood does. But this is PBS. All these shows are done for free.
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?
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.
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