“We are broke, have an unconscionable amount in credit card debt already, and this Inaugural is killing us!”

—  Bob McDonnell

Maureen McDonnell, quoted on Daily News, "Former Virgina Gov. Bob McDonnell and wife indicted on corruption charges" http://www.nydailynews.com/news/politics/va-gov-bob-mcdonnell-wife-indicted-corruption-article-1.1586861, January 21, 2014.

Adopted from Wikiquote. Last update June 3, 2021. History

Help us to complete the source, original and additional information

Do you have more details about the quote "We are broke, have an unconscionable amount in credit card debt already, and this Inaugural is killing us!" by Bob McDonnell?
Bob McDonnell photo
Bob McDonnell 3
American attorney and politician 1954

Related quotes

Nouriel Roubini photo

“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 (1958) American economist

Quoted in Stephen Mihm, "Dr. Doom," http://www.nytimes.com/2008/08/17/magazine/17pessimist-t.html?_r=1&oref=slogin The New York Times (2008-08-15).

Edward Bellamy photo

“An American credit card… is just as good in Europe as American gold used to be.”

Edward Bellamy (1850–1898) American author and socialist

Source: Looking Backward, 2000-1887 http://www.gutenberg.org/dirs/etext96/lkbak10.txt (1888), Ch. 13.

“Life was a lot simpler when what we honored was father and mother rather than all major credit cards.”

Robert Orben (1928) American magician and writer

David Uhler (November 10, 2006) "Consumer's Edge", San Antonio Express-News, p. 01F.
Attributed

Barack Obama photo

“When families have less to spend, that means businesses have fewer customers, and households rack up greater mortgage and credit card debt; meanwhile, concentrated wealth at the top is less likely to result in the kind of broadly based consumer spending that drives our economy, and together with lax regulation, may contribute to risky speculative bubbles.”

Barack Obama (1961) 44th President of the United States of America

2013, Remarks on Economic Mobility (December 2013)
Context: So let me repeat: The combined trends of increased inequality and decreasing mobility pose a fundamental threat to the American Dream, our way of life, and what we stand for around the globe. And it is not simply a moral claim that I’m making here. There are practical consequences to rising inequality and reduced mobility. For one thing, these trends are bad for our economy. One study finds that growth is more fragile and recessions are more frequent in countries with greater inequality. And that makes sense. When families have less to spend, that means businesses have fewer customers, and households rack up greater mortgage and credit card debt; meanwhile, concentrated wealth at the top is less likely to result in the kind of broadly based consumer spending that drives our economy, and together with lax regulation, may contribute to risky speculative bubbles.

Dennis Kucinich photo

“Almost half of the bankruptcies in the United States are connected to an illness in the family, whether people had health insurance or not. Middle-class Americans, who had the misfortune of either experiencing a medical emergency themselves or watching a family member suffer, were then forced to face the daunting task of pulling themselves out of debt. Bankruptcy law has allowed them to start over. It has given hope. Now this new law will put people on their own. Illness or emergency creates medical bills. We are telling the people that they themselves are to blame. At the same time, we are removing protections that would stay an eviction, that would keep a roof over the head of a working family. We allow the credit industry to trick consumers into using subprime cards, with exorbitant interest rate hikes and fees. Then we hand those same consumers over to an unforgiving prison of debt, to be put on a rack of insolvency and squeezed dry by the credit card industry. We are protecting the profits of the credit card industry instead of protecting the economic future of the American people. Americans are left on their own. That's what this Administration's "Ownership Society" is all about — you're on your own — and your ship is sinking.”

Dennis Kucinich (1946) Ohio politician

Speech on the floor of the House of Representatives, Congressional Record (14 April, 2005) http://frwebgate5.access.gpo.gov/cgi-bin/waisgate.cgi?WAISdocID=240761331899+3+0+0&WAISaction=retrieve.

Janet Fitch photo

“Love's an illusion. It's a dream you wake up from with an enormous hangover and net credit debt. I'd rather have cash.”

Janet Fitch book White Oleander

Source: White Oleander

Elizabeth Warren photo

“The American people deserve a Congress that worries less about helping big banks, and more about helping regular people who have been cheated on mortgages, on credit cards, on student loans and on credit reports.”

Elizabeth Warren (1949) 28th United States Senator from Massachusetts

As quoted in "Sen. Elizabeth Warren slams Republicans: Worry less about helping big banks" by Eric W. Dolan, in Raw Story (12 March 2013) https://www.rawstory.com/2013/03/sen-elizabeth-warren-slams-republicans-worry-less-about-helping-big-banks/
2013

Stephen R. Covey photo

“We hear a lot about identity theft when someone takes your wallet and pretends to be you and uses your credit cards. But the more serious identity theft is to get swallowed up in other people's definition of you.”

Stephen R. Covey (1932–2012) American educator, author, businessman and motivational speaker

Source: The 3rd Alternative: Solving Life's Most Difficult Problems

Jim Butcher photo

“Just like credit card companies, or those student loan people. Now there's evil for you.”

Jim Butcher book Summer Knight

Source: Summer Knight

Abraham Joshua Heschel photo

“The account of our experiences, the record of debit and credit, is reflected in the amount of trust or distrust we display towards life and humanity.”

Abraham Joshua Heschel (1907–1972) Polish-American Conservative Judaism Rabbi

"The Holy Dimension", p. 338
Moral Grandeur and Spiritual Audacity: Essays (1997)
Context: The account of our experiences, the record of debit and credit, is reflected in the amount of trust or distrust we display towards life and humanity. There are those who maintain that the good is within our reach everywhere; you have but to stretch out your arms and you will grasp it. But there are others who, intimidated by fraud and ugliness, sense scorn and ambushes everywhere and misgive all things to come. Those who trust develop a finer sense for the good, even at the hight cost of blighted hopes. Charmed by the spell of love, faith is, as it were, imposed upon their heart.

Related topics