A Quote by Dudley North
It may be said, let him take Money at Interest, and not buy at Time. But then Men must be found, that will lend; the Legislative must provide a Fund to borrow upon.
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Why borrow if you are not in need of it? You must lend feet to the maximum of your bed only, and not to borrow except in the case of necessity.
The time will come, and probably during 2009, that the only way the U.S. will be able to fund its deficits is to create money by printing it. The Treasury will have to sell bonds, and, in the absence of foreign buyers, the Fed will have to print the money to buy them. The consequence will be runaway inflation, increasing interest rates, recession, and inevitable tax increases on all Americans.
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.
A book lying idle on a shelf is wasted ammunition. Like money, books must be kept in constant circulation. Lend and borrow to the maximum.
If the communications media are a good destined for all humanity, then ever-new means must be found - including recourse to opportune legislative measures - to make possible a true participation in their management by all. The culture of co-responsibility must be nurtured.
The problems of 2008 were never cured. The Federal Reserve's solution to the crisis was to lend the economy enough money to borrow its way out of debt. It thought that if it could subsidize banks lending homeowners enough money to buy houses from people who are defaulting, then the bank balance sheets would end up okay.
If we would find God amid all the religious externals we must first determine to find Him, and then proceed in the way of simplicity. Now as always God discovers Himself to "babes" and hides Himself in thick darkness from the wise and the prudent. We must simplify our approach to Him. We must strip down to essentials (and they will be found to be blessedly few). We must put away all effort to impress, and come with the guileless candor of childhood. If we do this, without doubt God will quickly respond.
As Mazzini said ... it is around the standard of duty rather than around the standard of self-interest that men must rally to win the rights of man. And herein may we see the deep philosophy of Him who bade men love their neighbors as themselves. In that spirit, and in no other, is the power to solve social problems and carry civilization onward.
From powerful causes spring the empiric's gains, Man's love of life, his weakness, and his pains; These first induce him the vile trash to try, Then lend his name, that other men may buy.
Time... is an essential requirement for effective research. An investigator may be given a palace to live in, a perfect laboratory to work in, he may be surrounded by all the conveniences money can provide; but if his time is taken from him he will remain sterile.
Just because someone will lend money to you doesn't mean you should borrow it.
I have made up my mind that I must have money, Pa. I feel that I can't beg it, borrow it, or steal it; and so I have resolved that I must marry it.
We must have a new mythology, but it must place itself at the service of ideas, it must become a mythology of reason. Mythology must become philosophical, so that the people may become rational, and philosophy must become mythological, so that philosophers may become sensible. If we do not give ideas a form that is aesthetic, i.e., mythological, they will hold no interest for people.
I went to the bank and asked to borrow a cup of money. They said, 'What for?' I said, 'I'm going to buy some sugar.'
War, once declared, must be waged offensively, aggressively. The enemy must not be fended off; but smitten down. You may then spare him every exaction, relinquish every gain, but „til then he must be struck incessantly and remorselessly.
God must be allowed the right to speak unpredictably.... We must find him in our enemy, or we may lose him even in our friend. We must find him in the pagan or we will lose him in our own selves, substituting for his living presence an empty abstraction.
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