This site is dedicated to the memory of Dr. Alan William Smolowe who gave birth to the creation of this database.
A believer's soul is attached to his debt till it is paid.
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.
Debt |
The world, and everyone in it is subject to environmental limits. Conventional economics believes that these limits are not there and anything can be substituted if the price is right. Acclaimed environmentalist Richard Heinberg disagrees. He thinks we have reached the end of two centuries of frenetic growth powered by fossil fuels. The current financial crisis is one of the symptoms of a system that is being wrecked, not just by debt but resource depletion and environmental devastation. [Central assertion of his book, "The End of Growth: Adapting to Our New Economic Reality"
Assertion | Debt | Economics | Growth | Price | System | Crisis |
One key factor was the severance of money from its moorings in precious metals, a process that started over a century ago. Once money came to be based on debt (so that it was created primarily when banks made loans), growth in total outstanding debt became a precondition for growth of the money supply and therefore for economic expansion. With virtually everyone
Meanwhile, the unwinding of decades of buildup in debt has created the conditions for a once-in-a-century financial crash
Debt |
Do not accustom yourself to consider debt only as an inconvenience. You will find it a calamity.
Robert Service, fully Robert William Service
A promise made is a debt unpaid.
Ronald Reagan, fully Ronald Wilson Reagan
We have so many people who can't see a fat man standing beside a thin one without coming to the conclusion that the fat man got that way by taking advantage of the thin one!
Debt |
Rutherford B. Hayes, fully Rutherford Birchard Hayes
The filth and noise of the crowded streets soon destroy the elasticity of health which belongs to the country boy.
Debt | Health | Means | Obligation | Sacred |
Rutherford B. Hayes, fully Rutherford Birchard Hayes
Let me assure my countrymen of the Southern States that it is my earnest desire to regard and promote their truest interest — the interests of the white and of the colored people both and equally — and to put forth my best efforts in behalf of a civil policy which will forever wipe out in our political affairs the color line and the distinction between North and South, to the end that we may have not merely a united North or a united South, but a united country.
Debt |
Saint Paul, aka The Apostle Paul, Paul the Apostle or Saul of Tarsus NULL
Love is patient, love is kind. It does not envy, it does not boast, it is not proud. It is not rude, it is not self-seeking, it is not easily angered, it keeps no record of wrongs. Love does not delight in evil but rejoices with the truth. It always protects, always trusts, always hopes, always perseveres.
Samuel Johnson, aka Doctor Johnson
Do not discourage your children from hoarding, if they have a taste to it; whoever lays up his penny rather than part with it for a cake, at least is not the slave of gross appetite; and shows besides a preference always to be esteemed, of the future.
The government of a nation itself is usually found to be but the reflux of the individuals composing it. The government that is ahead of the people will be inevitably dragged down to their level, as the government that is behind them will in the long run be dragged up.
One reason God created time was so that there would be a place to bury the failures of the past.