
“We can pay our debts to the past by putting the future in debt to ourselves.”
Address to the people of Canada on the coronation of George VI (12 May 1937)
Source: https://www.bankrate.com/finance/credit-cards/how-credit-cards-can-help-during-a-recession/
“We can pay our debts to the past by putting the future in debt to ourselves.”
Address to the people of Canada on the coronation of George VI (12 May 1937)
“To pay off the debt was to destroy the money supply.”
Source: Money: Whence It Came, Where It Went (1975), Chapter VIII, The Great Compromise, p. 90
Context: In numerous years following the war the Federal government ran a heavy surplus. It could not pay off it's debt, retire its securities, because to do so meant there would be no bonds to back the national bank notes. To pay off the debt was to destroy the money supply.
As quoted in "The Best Of The Rest: 20 More Quotes About Liberals" at Right Wing News (24 November 2010) http://rightwingnews.com/quotes/the-best-of-the-rest-20-more-quotes-about-liberals/
Presidential campaign (April 12, 2015 – 2016), Democratic Presidential Debate in Miami (March 9, 2016)
Paragraphs by Robert Quillen, Detroit Free Press, 4 June 1928. (via Newspapers.com)
“Now, you have to tighten your belts, because we, your leaders, mis-spent your hard-earned money.”
Know what would make tightening my belt a little easier? If I could tighten it around Jesse Helms' scrawny little chicken-neck.
Rant in E-Minor (1997)