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"Debt is a trap, especially student debt, which is enormous, far larger than credit card debt. It's a trap for the rest of your life because the laws are designed so that you can't get out of it. If a business, say, gets in too much debt, it can declare bankruptcy, but individuals can almost never be relieved of student debt through bankruptcy."
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"The hardest thing to understand in the world is the income tax."
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Personal Development
"We have met ambitious fiscal targets in each of the previous two fiscal years. We have reduced the deficit even while increasing capital expenditure."
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Personal Development
"Asean is obviously a very important association for us. Over the past 30 years Asean has made great strides in regional cooperation covering a number of areas, although recently it has been under strain because of the financial crisis and other challenges."
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Personal Development
"Becoming wealthy is about accumulating wealth."
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Personal Development
"Buy calmly and with meaning."
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Personal Development
"Depreciation of money can benefit debtors only when it is unforeseen. If inflationary measures and a reduction of the value of money are expected, then those who lend money will demand higher interest in order to compensate their probable loss of capital, and those who seek loans will be prepared to pay the higher interest because they have a prospect of gaining on capital account."
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Personal Development
"Once you deposit that money in your checking account, it becomes the bank's money and you're just another one of their creditors."
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Personal Development
"I finally know what distinguishes man from the other beasts: financial worries."
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Personal Development
"I want to give producers more financial security."
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Personal Development
"He became convinced that ordinary commercial financing could be done for a service charge plus an insurance fee amounting to much less that the current rates of interest charged by banks, whose rates were based on supply and demand, treating money as a commodity rather than as a sovereign state's means of exchange."
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"Actually, Bush, technically speaking, is not really President-because he refused to take the Oath of Office. I don't know how many of you noticed this, but the wording of the Oath of Office is written in the Constitution, so you can't fool around with it-and Bush refused to read it. The Oath of Office says something about, I promise to do this, that, and the other thing, and Bush added the words, so help me God. Well, that's illegal: he's not President, if anybody cares."
Politics
"Unlimited economic growth has the marvelous quality of stilling discontent while maintaining privilege, a fact that has not gone unnoticed among liberal economists."
Quality
"You never need an argument against the use of violence, you need an argument for it."
Argument
"States are not moral agents, people are, and can impose moral standards on powerful institutions."
People
"In this possibly terminal phase of human existence, democracy and freedom are more than just ideals to be valued - they may be essential to survival."
Survival
"My own concern is primarily the terror and violence carried out by my own state, for two reasons. For one thing, because it happens to be the larger component of international violence. But also for a much more important reason than that; namely, I can do something about it. So even if the U.S. was responsible for 2 percent of the violence in the world instead of the majority of it, it would be that 2 percent I would be primarily responsible for. And that is a simple ethical judgment. That is, the ethical value of one's actions depends on their anticipated and predictable consequences. It is very easy to denounce the atrocities of someone else. That has about as much ethical value as denouncing atrocities that took place in the 18th century."
Politics
"Well before September 11, it was understood that with modern technology, the rich and powerful will lose their near monopoly of the means of violence and can expect to suffer atrocities on home soil."
History
"Propaganda is to a democracy what the bludgeon is to a totalitarian state."
Democracy
"Concentration of wealth yields concentration of political power. And concentration of political power gives rise to legislation that increases and accelerates the cycle."
Power
"There's a War Crimes Act in the United States passed by a Republican Congress in 1996, which says that grave breaches of the Geneva Convention are subject to the death penalty. And that doesn't mean the soldier that committed them - that means the commanders."
Law
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