Financial service providers act as the lubricating oil in the economy. They link consumers who want to invest their savings for a good return with companies who want to borrow on best terms for expansion.
Scaling back the U.S. fleet of 14 nuclear-armed submarines to eight would maintain a robust deterrent at sea while generating billions in savings and easing pressure on the Navy's shipbuilding budget.
I have met so many people who had their life savings wiped out, who lost their homes, who are barely back with their heads above water.This was a disaster for our country, and we can never let that happen again.
In the movie 'Wall Street' I play Gordon Gekko, a greedy corporate executive who cheated to profit while innocent investors lost their savings. The movie was fiction, but the problem is real.
The results speak for themselves: Businesses that competitively sourced service contracts saved an average of about 22 percent. Even more impressive - nearly every e-auction delivered cost savings.
We want to develop innovative ways to promote savings so more Americans can save for their future, but first we need to reject privatization schemes and work together to strengthen Social Security.
It is only proper that our employees share in the savings generated by tax reform and that we openly acknowledge the resulting improvement in the U.S. business environment by investing in our industrial footprint accordingly.
If employed by employee stock ownership plan companies, working Americans can spend less time worrying about job security and retirement savings and enjoy a clearer path to prosperity.
Finding initial funds is the primary barrier most entrepreneurs face. Many people don't have three or six months' worth of savings to free themselves up to do months of unpaid legwork.
The costs savings was a big win, but now we also have a schedule of events and are clearly aware of when our contracts begin and end...we are much more strategic about how we source now.
I read academic books on courtesan culture at the turn-of-the century in Shanghai such as Gail Hershatter's 'The Gender of Memory'. The diaries were mostly in the form of letters from courtesans to a lover who had disappeared or taken their savings.
I kept auditioning, with no savings and no money, credit card debt gaining interest. I went on unemployment. I bought ramen noodles at dollar stores. I never had to - God forbid - live on the streets.
Finance went from being a small business, effectively, to being a big business. In part, that's the growth of the world's wealth. That's called savings.
The cost of a model is more than compensated for by future savings. It not only presents an accurate picture of the product for the executives, but it also gives the tool-makers and production men an opportunity to criticize and to present manufacturing problems.
I had this idea that I didn't want to have kids until my career was at the right point, until we have a house, until we have savings of at least this much ... None of that came true. It just happened.
Well-functioning financial systems are important in achieving sustained economic growth. They play a crucial role in channeling household savings into the corporate sector and allocating investment funds among firms.
Social security, bank account, and credit card numbers aren't just data. In the wrong hands they can wipe out someone's life savings, wreck their credit and cause financial ruin.
It is incumbent upon each of us to improve spending and savings practices to ensure our own individual financial security and preserve the collective economic well-being of our great society.
PBMs claim they help patients by negotiating lower prices from drug manufacturers. But the fact is PBMs rarely, if ever, pass those savings on to patients.
The French debt will remain massive. Savings should be made with cuts to the generous social system, which grants illegal immigrants the same protections as it does our citizens.
I will promote savings and investment by maintaining the 15% rate on capital gains and dividends. I will eliminate the tax entirely for those with annual income below $200,000.
I did 75 films. I didn't take a break; I didn't spend my money. I have my savings, so when you're not working for money anymore, then you should find things that are meaningful and not just be like, 'OK, that's another day gone.'
Who's going to manage (health savings accounts)?. It's not going to be your local accountant, it's going to be Fidelity.
People rightly want our political leaders - on all sides - to concentrate on minimising the damage to jobs, living standards and our savings from the banking crisis.
Well British pension funds have not been investing the savings of British people in British infrastructure.
There's a second component of a good savings plan, which is something that a colleague of mine called Schlomo Benartzi and I developed many years ago, that we call "save more tomorrow."
Why is it so hard to see that when America had high savings, low taxes and minimal government, the economy grew like a week, and today when we have just the opposite, the economy is shrinking.?
It turns out we get so much healthier when we convert to a green energy economy that our health savings alone are enough to pay for the cost of the energy transition.
Find your own style. Don't spend your savings trying to be someone else. You're not more important, smarter, or prettier because you wear a designer dress.
It's time to stop the raid on the Social Security trust fund and start allowing Americans to invest their Social Security taxes in personal savings accounts.
The bottom line is, what are we doing to Obamacare? We eviscerate the law in our bill, and then we do things like expanding health savings accounts, which give families real flexibility. We reform Medicaid.
We bought a doomed textile mill [Berkshire Hathaway] and a California S&L [Savings & Loan; Wesco] just before a calamity. Both were bought at a discount to liquidation value.
Bitcoin is a bank in cyberspace, run by incorruptible software, offereing a global, affordable, simple an dsecure savings account to billions of people that don't have the option or desire to run their own hedge fund.
If you lose your house and your life savings to a broker, you'd probably throw them in the same category as the worst gangsters in history. Everybody's definition of carnage and evil is different.
My success is not measured in money. I have no financial security, I have no savings account. I measure my success by asking myself if I’m telling a story that the world needs to hear, if I am educating people.
Don't gamble; take all your savings and buy some good stock and hold it till it goes up, then sell it. If it don't go up, don't buy it.
401k savings accounts have become so important in the landscape of retirement planning that their security and expansion became a top priority in formulating and implementing the Pension Protection Act of 2006 that was enacted during my tenure as the U.S. Secretary of Labor.
I get so frustrated when people tell me it's unrealistic to create an eight-month emergency savings fund, or have money saved for a home down payment, or pay off their $5,000 credit card balance.
Ultimately savings have to go somewhere and I think they will find their home in financial markets and within financial markets, a large part in equity.
Personal savings accounts to me are one of the most powerful things, not necessarily in saving, solvency, or bankruptcy of the program, but in guaranteeing, the words I used a few minutes ago, a safe and secure retirement for our seniors.
Your goal should be to pay off your credit card bills in full at the end of each month and set aside money toward your emergency savings.
During the Enron debacle, it was workers who took the pounding, not bankers. Not only did Enron employees lose their jobs, many lost their retirement savings. That's because they were at the bottom of the investing food chain.
Real estate is the best investment for small savings. More money is made from the rise in real estate values than from all other causes combined.
Savings is an important tool because it can help the poor deal with the ups and downs of irregular earnings, and help them build reserves for a rainy day.
Savings is an important tool because it can help the poor deal with the ups and downs of irregular earnings and help them build reserves for a rainy day.
I was working a full-time job but not having anything in my savings account at the end of the month because of my bills and because acting in the beginning costs money.
Economics is all about consumption. People either spend money now or they use financial instruments - like bonds, stocks and savings accounts - so they can spend more later.
The reason that I proposed health savings accounts for everybody starting at birth, is because you very quickly accumulate an amount of money that you can use for your interactions with those health care providers.
Too often, we make budget cuts - then blow the savings. Instead, think about your financial picture. Do you have high-interest rate debt? Paying it off faster will save you a bundle.
Social Security is not a retirement savings plan; it is a social insurance program. It's a contract that says, as a society, we will look out for you and your family when you can no longer work.
A faithfully kept program of savings and conservative investments can give you more money and a better life than that of your neighbors who spend everything they get. This is probably the oldest financial advice in the world, but there are some things you can't improve on.
There seems to be an unwritten rule on Wall Street: If you don't understand it, then put your life savings into it. Shun the enterprise around the corner, which can at least be observed, and seek out the one that manufactures an incomprehensible product.
The next generation is going to have to understand that Social Security is just one leg of a stool. We need to actually bring back that savings incentive, and the only way you're going to be able to do that is if you have a job.
In response to the drop in wealth suffered as a consequence of the 2008 financial crisis, homeowners and firms did attempt to increase savings in financial assets by reducing expenditure on durables.
There is a huge body of business evidence now showing that energy savings give better service at lower cost with higher profit. We have to tear down barriers to successful markets and we have to create incentives to enter them.
People clinging to job security, savings, retirement plans, and other relics will be the ones financially-ravaged from 2010-2020, the most volatile world-changing decade in history.
The potential savings in the national budgets from the elimination of police, criminal courts, standing armies, pollution control agencies, drug enforcement, and many poverty programs is almost beyond calculation.
With Americans worried about losing their jobs, their savings, their homes and their chance at the American Dream, the New Direction Congress will work in a bipartisan way to lift our economy and help America's middle class.
What the F.D.I.C. does is to put the full faith and credit of the United States government behind every savings account in the nation, up to a limit that has changed over the years and stands now at $100,000.
Don't hold against me that I don't own - that I don't own a single stock or bond. Don't hold it - I have no savings accounts.
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