Debt Quotes
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He who receives a benefit with gratitude repays the first installment on his debt.
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More Debt Quotes
Those of us born after that era (of World War II), or with little or no knowledge of those experiences, take freedom for granted. In fact, we give little thought because we are preoccupied with the here and now and yet we owe a debt of gratitude that can never be repaid because you (returned servicemen) paid the price in blood.
ratu joni madraiwiwi— Poppy Drive speech, 21 October 2005
"Now, Halford, I bid you adieu for the present. This is the first instalment of my debt. If the coin suits you, tell me so, and I'll send you the rest of my leisure: if you would rather remain my creditor than stuff your purse with such ungainly heavy pieces — tell me still, and I'll pardon your bad taste, and willingly keep the treasure to myself."
anne brontë— Gilbert Markham (Ch. I : A Discovery)
If any one owe a debt for a loan, and a storm prostrates the grain, or the harvest fail, or the grain does not grow for lack of water; in that year he need not give his creditor any grain, he washes his debt-tablet in water and pays no rent for this year.
hammurabi— Section 48 of the Code of Hammurabi (translated by Leonard William King, 1910).
— Alternately translated as: If a man owe a debt and Adad inundate his field and carry away the produce, or, though lack of water, grain have not grown in the field, in that year he shall not make any return of grain to the creditor, he shall alter his contract-tablet and he shall not pay the interest for that year.
Let every man, every corporation, and especially let every village, town, and city, every county and State, get out of debt and keep out of debt. It is the debtor that is ruined by hard times.
rutherford b. hayes— Diary (13 July 1879).
[United States Senate Committee on Finance] Staff views it as inappropriate for a hospital to seek payment from a patient by sending a bill, (and) when payment is not received, to seek to recharacterize that debt as charity care. In addition, staff has found that the decision by some hospitals to include bad debt which often consists of very high charges from the (chargemaster list) provides a misleading and inflated accounting of a hospital 's charity care to policymakers and the public.
— United States Senate Committee on Finance staff, cited in: Naples Daily News staff (September 23, 2007). "Nonprofits hope IRS more responsive to them". Naples Daily News (Florida).
Thou whom avenging pow'rs obey, Cancel my debt (too great to pay) Before the sad accounting day.
Wentworth Dillon— Wentworth Dillon, On the Day of Judgment, Stanza 11
'Is there no more?' She cries.'All this to love, and rapture's due, Must we not paya debt to pleasure too?'
Rochester, John Wilmot, 2nd Earl of— c.1672 'The Imperfect Enjoyment', l.22-4 (published1680).
Much of the securitization took the form of collateralized debt obligations (CDOs) with senior credit tranches certified by rating agencies as AAA. It was the failure to properly price such risky assets that characterized the crisis.
Alan Greenspan— "Epilogue", p. 512
Is there no reconciliation of some ancient quarrel, no payment of some long outstanding debt, no courtesy or love or honor to be rendered to those to whom it has long been due; no charitable, humble, kind, useful deed, by which you can promote the glory of God, or good-will among men, or peace upon earth? If there be any such, I beseech you, in God's name, in Christ's name, go and do it.
arthur penrhyn stanley— Dictionary of Burning Words of Brilliant Writers (1895, p. 204).
It is better to have a plain, substantial building, with no extravagance about it, but without a debt, than to have the most splendid specimen of Gothic architecture that is overlaid by a mortgage.
william mackergo taylor— P. 151. (Dictionary of Burning Words of Brilliant Writers (1895))
Like almost everyone who uses e-mail, I receive a ton of spam every day. Much of it offers to help me get out of debt or get rich quick. It would be funny if it weren't so irritating.
bill gates— "Why I Hate Spam" in Microsoft PressPass (2003)
A national debt, if it is not excessive, will be to us a national blessing.
Alexander Hamilton— Letter to Robert Morris (April 30, 1781)
Reckless people have deluded themselves that this was a subprime crisis. But we have problems with credit-card debt, student-loan debt, auto loans, commercial real estate loans, home-equity loans, corporate debt and loans that financed leveraged buyouts... We have a subprime financial system, not a subprime mortgage market.
nouriel roubini— Quoted in Stephen Mihm, "Dr. Doom," The New York Times (2008-08-15)
He who receives a benefit with gratitude repays the first installment on his debt.
seneca the younger— Seneca the Younger, On Benefits, Book II, 22, line 1.
First in point of time and interest comes the mortgage debt, i.e. the claim for the return of money lent on the security of some tangible object. Such claims are among the earliest fruits of a commercial civilization, and are nearly always affected the same way, viz. by the deposit or pledge of the security with the creditor, to be redeemed or returned on the payment of the debt.
— Chapter IX, The Law Of Personal Property, p. 123
Meanwhile, the U.S. debt remains, as it has been since 1790, a war debt; the United States continues to spend more on its military than do all other nations on earth put together, and military expenditures are not only the basis of the government's industrial policy; they also take up such a huge proportion of the budget that by many estimations, were it not for them, the United States would not run a deficit at all.
David Graeber— Debt: The First 5000 Years (2011), p. 365.
Love is in the pleasure of possession, but in the Love of Allah there is no pleasure of possession, because the stations of the Reality are wonderment, the cancelling of the debt which is owed, and the blinding of vision. The Love of the human being for God is a reverence which penetrates the very depths of his being, and which is not permitted to be given except to Allah alone. The Love of Allah for the human being is that He Himself gives proof of Himself, not revealing Himself to anything that is not He.
al-hallaj— As quoted in "Husayn ibn Mansur al-Hallaj" at Sidi Muhammad Press
Religious believers of the world, you are free to continue to debate the simple, narrow question that divides you from atheists, but you have no right, in so doing, to treat the Humanists of the world with contempt. You owe them a deep debt of gratitude, for not only have they shed much light on a naturally dark world but they have very probably helped civilize your own specific religion.
steve allen— Vulgarians at the Gate: Trash TV and Raunch Radio: Raising Standards of Popular Culture (2001), ISBN 1615927514, p. 344
Obviously, he was the first — he was the Governor. Right from the start with those very precocious sketches for the Cambridge Footlights and through Beyond the Fringe, he was an exceptional talent... Every 10 years or so you always get a new generation of comedians but they all acknowledge their debt to Peter.
Peter Cook— Ned Sherrin
The resolution of our current account deficit and household debt burdens does not strike me as overly worrisome, but that is certainly not the case for our fiscal deficit, which, according to the Congressional Budget Office, will rise significantly as the baby boomers start to retire in 2008. Our fiscal prospects are, in my judgment, a significant obstacle to long-term stability because the budget deficit is not readily subject to correction by market forces that stabilize other imbalances.
Alan Greenspan— March 10, 2005 [6]
"We owe the Aboriginal peoples a debt that is four centuries old. It is their turn to become full partners in developing an even greater Canada. And the reconciliation required may be less a matter of legal texts than of attitudes of the heart."
romeo leblanc— Source: speech on the occasion of the presentation of the 1996 Native Role Models, February 23, 1996
A liberal is someone who feels a great debt to his fellow man, which debt he proposes to pay off with your money.
g. gordon liddy— As quoted in "The Best Of The Rest: 20 More Quotes About Liberals" at Right Wing News (24 November 2010)
The national debt has given rise to joint stock companies, to dealings in negotiable effects of all kinds, and to agiotage , in a word to stock-exchange gambling and the modern bankocracy .
karl marx— Vol. I, Ch. 31, pg.827
The whitewash'd wall, the nicely sanded floor, The varnish'd clock that click'd behind the door; The chest contriv'd a double debt to pay, A bed by night, a chest of drawers by day.
Oliver Goldsmith— Oliver Goldsmith, The Deserted Village (1770), line 227.
First our pleasures die and then our hopes, and then our fears. And when these are dead, the debt is due. Dust claims dust and we die too.
Percy Bysshe Shelley— Percy Bysshe Shelley, Death (1820).
I'm in debt. I am a true American.
— Larry Appleton, in Perfect Strangers.
Is true Freedom but to break Fetters for our own dear sake, And, with leathern hearts, forget That we owe mankind a debt? No! true freedom is to share All the chains our brothers wear, And, with heart and hand, to be Earnest to make others free!
— James Russell Lowell, in "Stanzas on Freedom" (1843).
The debt that all men must pay...
— Who: Thomas Gates (Benjamin Gates' great-great-grandfather)
— Source: National Treasure: Book of Secrets
— Notes: Character has been shot by a member of the conspiracy to assassinate President Lincoln, after helping them to decode the message. His words are a reference to "death", a clue to decipher the message he decoded just before being killed.
