Please find below a curated list of 172 of The Best Bankruptcy Quotes by notable women and men. Please consider sharing with others any of the Bankruptcy Quotes that resonate.
Owners of capital will stimulate working class to buy more and more of expensive goods, houses and technology, pushing them to take more and more expensive credits, until their debt becomes unbearable. The unpaid debt will lead to bankruptcy of banks which will have to be nationalized and State will have to take the road which will eventually lead to communism.
Private property works like circuitry in electronics, or piping in hydraulics. It conveys wages to the owners of labor power, as well as the various forms of nonwage property income to the owners of capital. In itself, it is no more responsible for maldistribution of purchasing power than the science of bookkeeping is responsible for bankruptcy.
With money come the tests. My bankruptcy, which at the time I thought was a disaster, turned out to be a major blessing. It taught me so much! Money is not only an isolator, but it’s a magnet, too. It draws all kinds of people to you – you may not want them but it draws them to you anyway. The reverse of that, a bankruptcy, sends everybody away.
Men must have somewhat altered the course of nature; for they were not born wolves, yet they have become wolves. God did not give them twenty-four-pounders or bayonets, yet they have made themselves bayonets and guns to destroy each other. In the same category I place not only bankruptcies, but the law which carries off the bankrupts’ effects, so as to defraud their creditors.
It wasn’t government that gave us nearly 50 million uninsured Americans and denials for pre-existing conditions. It wasn’t government that gave us the yearly and lifetime caps on insurance coverage that have sent so many people into bankruptcy when they’ve faced a serious illness or accident… It wasn’t government that gave us a system in which the gap between what we spend and what we get is so enormous. It was the free market.
In England, all the English car companies were beginning to circle the drain in a series of well-deserved failures and bankruptcies, earned by making lousy products with very poor production at high prices. So, the government, back in the ’70s, nationalized all the British car companies. The result was British Leyland, a name that perhaps doesn’t resonate much with you.
the psychological attitudes which are indispensable in the American market place are disastrous to family life. Family life … requires yieldingness, generosity, sympathy, altruism, tenderness-all the qualities, in fact, which lead straight to bankruptcy. … the American family is tragically out of gear with the profit structure which has mushroomed up around it.
Hey, guess what? Turns out the free market? Not so free. Wall Street was hit hard Monday when Lehman Brothers filed for bankruptcy, Merrill Lynch was sold to Bank of America, and insurance giant AIG neared a collapse of its own. Basically, if your commercials air during golf tournaments, you’re done.
We have been in recess since July, and during that time there has been a fuel crisis, a Danish no vote, the collapse of the euro and a war in the middle east, but what is our business tomorrow? The Insolvency Bill [Lords]. It ought to be called the Bankruptcy Bill [Commons], because we play no role.