I think we're so addicted to bubble finance at the Fed that they can't get out of the corner they painted themselves into. I think the Fed is making federal debt so cheap that Congress has no interest, Washington has no incentive to ever face up to our massive fiscal gap that is going to grow, and grow as we go forward in time and so we have a paralyzed system.
Thy husband is thy lord, thy life, thy keeper, Thy head, thy sovereign; one that cares for thee, And for thy maintenance commits his body To painful labour both by sea and land, To watch the night in storms, the day in cold, Whilst thou liest warm at home, secure and safe; And craves no other tribute at thy hands But love, fair looks and true obedience; Too little payment for so great a debt.
If you have a lot of short-term debt, it means that all of that money can be demanded in a very short period of time. Technically, short-term debt means money that's coming due within a year. Typically, it means money that's coming due within 30 to 90 days.
I've been broke, and I've been in debt, and broke is better.
Of all life's pleasures, only love owes no debt to death.
I am perfectly happy to compromise and work with anybody. Republicans, Democrats, Libertarians. I’ll work with Martians. If — and the if is critical — they're willing to cut spending and reduce the debt.
The party in power almost always unapologetically engages in deficit spending, while the other party argues passionately against the evils of debt and deficits.
Many delight more in giving of presents than in paying their debts.
When you get the economy growing, that's when you can deal with the national debt.
Debt is a trap which man sets and baits himself, and then deliberately gets into.
We must not let our rulers load us with perpetual debt.
A national debt, if it is not excessive, will be to us a national blessing.
Debt is a mistake between lender and borrower, and both should suffer.
You might at least believe that I know honor- honor and debt.
The best way to get out of debt is not to seek to get out of debt, but to seek to create wealth
I must express protest against continually increasing the debt without taking positive steps to slow its growth.
Debt means you had more fun than you were supposed to.
The decision to go into debt alters the course and condition of your life. You no longer own it. You are owned.
The debt and the deficit is just getting out of control, and the administration is still pumping through billions upon trillions of new spending. That does not grow the economy.
We have nothing in our account but zeroes! And yet, because of His great love, God forgave us our astronomical debt.