A Quote by Paul Hawken
You can print money to bail out a bank, but you can't print life to bail out a planet.
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We have an economy that tells us it is cheaper to destroy earth in real time rather than renew, restore, and sustain it. You can print money to bail out a bank but you can't print life to bail out a planet.
The government, of course, will print money to bail out the banks' uncovered casino bets, but not to bail out the elderly from the theft of their funds.
At the base of the Fed pyramid, and therefore of the bank system's creation of "money" in the sense of deposits, is the Fed's power to print legal tender money. But the Fed tries its best not to print cash but rather to "print" or create demand deposits, checking deposits, out of thin air, since its demand deposits constitute the reserves on top of which the commercial banks can pyramid a multiple creation of bank deposits, or "checkbook money."
I want to say something, and it may sound harsh, not to you, but to the American people. In a sense, in my view, the business model of Wall Street is fraud. It's fraud. I believe that corruption is rampant, and the fact that major bank after major bank has reached multi billion dollar settlements with the United States government when we have a weak regulator system tells me that not only did we have to bail them out once, if we don't start breaking them up, we're going to have to bail them out again, and I do not want to see that happen.
If bankers can push the loans and make more profits for the bank, they get paid higher bonuses. They often also get stock options. If the bank goes under, they get to keep all of these salaries and options - and the government will bail out the bank. These guys will take their money and run, which is pretty much what they're doing now.
If you bail out every investment bank that gets in trouble, that's not capitalism, that's socialism for the rich
Well, it wasn't really a decision on my part although you always hope as an author that a book that goes out of print somehow winds up back in print. These days publishers like to put out-of-print books into e-book form, but I really wanted to do an update.
My mother always taught me that two wrongs don't make a right. We shouldn't bail out Wall Street. We shouldn't bail out Detroit. It will cost the economy more than the cost of the bailout which is more than the politicians think. We'll run into the hundred of millions to prop these companies up.
've had good friends who got married after they've been together for years and they've said that it was the "next step" for them. Or, they've said, "You just can't bail out anymore." And I've wondered, What made you think you could just bail out before [the wedding]? You don't invest that kind of time and energy with somebody and then just go, "All right, see you later."
On one level, going bust didn't bother me. It was the 80s, and there wasn't the stigma about bankruptcy that you might think. My mates weren't bothered. My dad was in business.. he knew that it happened, too. He loaned me the money to bail me out, and I got a loan from the bank to pay him back.
We should not be borrowing money from the Chinese to bail out the Greeks. What's coming next? Intergalactic bailouts?
One of my younger homies, he went to jail, and some people came to me and were like, "Bail him out," and I said no. Why would I bail him out? He's going to prison. Let him sit and get some time served. You want to be crazy, but you don't want to go to jail. You want to shoot people, but you don't want to kill people. That's such a misleading thing.
I feel like the Earth is a re-print of a re-print of a print of a re-print.
I love a wild animal print. Not just a leopard print - I'm talking about a tiger or zebra print, too.
Monetary reform, if it is to be genuine and successful, must sever money and banking from politics. That's why a modern gold standard must have: no central bank; no fixed rations between gold and silver; no bail-outs; no suspension of gold payments or other bank frauds; no monetization of debt; and no inflation of the money supply, all of which have proved so disastrous in the past.
When I carried Tupac, when I was five months pregnant they put me back in jail, my bail was revoked. When my bail was revoked, I was not allowed to have my own food. I could only have what was there.
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