A Quote by Peter DeFazio
Essentially, when we run a deficit, we are borrowing money to buy things that are made overseas.
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We've been trained to spend money since we were born with all these commercials with toys and G.I. Joes and Transformers. But there's so many things in the supermarket, there's so many things on television that automatically, when you turn it on, are saying, 'Buy! Buy! Buy! Buy! Buy! Buy! Buy!'
Money is not the most important thing, but when you need it, there are few substitutes. So while I like the things money can buy, I love what money won't buy. It bought me a house but it won't buy me a home. It would buy me a companion but it won't buy me a friend.
These kids understood what is not immediately obvious; that they were going to pay the bills for tax cuts that had been passed today or in the last 4 years, and for the war in Iraq, because essentially we are borrowing money to do those things.
We need to throw the resources at this that are necessary. But like I say, we are not spending money. I mean, if we buy these assets intelligently, the United States Treasury will make money. I mean, it's borrowing money. It's just a few percent a year.
The model today is that as much as 70 percent of the financing of the picture would come from overseas. Now we're beginning to run out of suckers, because there are not that many people overseas who are willing to put up more than half the money for a movie.
When our markets work, people throughout our economy benefit - Americans seeking to buy a car or buy a home, families borrowing to pay for college, innovators borrowing on the strength of a good idea for a new product or technology, and businesses financing investments that create new jobs.
Money is a token, money buys freedom, it don't necessarily buy happiness and I've still got things I'm overcoming in my own mind, but money will buy you the freedom to not have to work as many hours. Money will buy you the freedom to spend more time with your family.
If you're running a business for the long term, the last thing you should be doing is borrowing money to buy back stock.
It is good to have money and the things that money can buy, but it's good too, to check up once in a while and make sure you haven't lost the things money can't buy.
It's good to have money and the things that money can buy, but it's good, too, to check up once in a while and make sure that you haven't lost the things that money can't buy.
I've done a bit of smuggling, I've run my share of grass. I made enough money to buy Miami, but I piss it away so fast.
Our role as producers is mainly limited to borrowing money from friends when we run short of cash.
Whether they run a record company or a grocery store, every boss will tell you you're in big trouble if you're borrowing more than you can ever afford to pay back. Delaying the pain for future generations is suicidal. We've got to start getting the deficit down right now, not next year.
Deficit financing proper is rather the process whereby a Government spends more money that it withdraws from the economy by taxation, borrowing, running down reserves, etc.; thereby causing in most circumstances, and very acutely in ours, monetary inflation and severe pressure on the balance of payments.
If any Republican nominee wants to run on the idea that borrowing money and printing it up and sending it to foreign countries that often hate us and burn our flag and think it's a good idea, feel free to run on that issue. But it's not really popular with the people.
I believe that persistent effort, supported by a character-based foundation, will enable you to get more of the things money will buy and all of the things money won't buy.
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