"...for the loan of $30,000,000 of their own money the people of the United States should be compelled to pay $66,000,000 -- that is what it amounts to, with interest. People who will not turn a shovelful of dirt nor contribute a pound of material will collect more money from the United States than will the people who supply the material and do the work. That is the terrible thing about interest. In all our great bond issues the interest is always greater than the principal. All of the great public works cost more than twice the actual cost, on that account. Under the present system of doing business we simply add 120 to 150 per cent, to the stated cost."
Thomas Edison
Showing posts with label money. Show all posts
Showing posts with label money. Show all posts
Wednesday, July 15, 2009
Monday, June 29, 2009
Today's Famous Money and Politics Quote
"If the American people ever allow private banks to control the issue of their currency, first by inflation then by deflation, the banks and the corporations that will grow up around them, will deprive the people of all property until their children wake up homeless on the continent their fathers conquered."
Thomas Jefferson
Thomas Jefferson
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famous quotes,
federal reserve,
money,
Politics,
Thomas Jefferson
Sunday, June 28, 2009
Today's Famous Politics And Money Quote
"If Congress has the right under the Constitution to issue paper money, it was given them to use themselves, not to be delegated to individuals or corporations."
Andrew Jackson
Andrew Jackson
Labels:
Andrew Jackson,
famous quotes,
money,
Politics
"If Congress has the right under the Constitution to issue paper money, it was given them to use themselves, not to be delegated to individuals or corporations."
Andrew Jackson
Andrew Jackson
Labels:
Andrew Jackson,
famous quotes,
money,
Politics
Monday, June 22, 2009
Famous Money Quote
"Money was never a big motivation for me, except as a way to keep score. The real excitement is playing the game."
Donald Trump
Donald Trump
Sunday, June 14, 2009
Today's Famous Money Quote 6/14/09
"A bank is a place that will lend you money if you can prove that you don't need it."
Bob Hope
Bob Hope
Labels:
banks,
Bob Hope,
earn money fast and easy,
famous quotes,
lend,
money
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