Quotes about banker (126 quotes, page 2)

“A second principle of Americanization is identity of economic interest. At this time, after all America has united to win the war, one hesitates to turn a page so shameful in American history. And yet, if America reverts to its former industrial brutality and indifference, Americanization will fail. Identity of economic interest, generally speaking, has meant to the American getting the immigrant to work for him at as low a wage as possible, for as long hours as possible, and scrapping him at the end of the game, with as little compunction as he did an old machine. And the immigrant's successful fellow-countryman, elevated to be a private banker, a padrone, or a notary public, has shared the practices of the native American. Always the immigrant has been in positions of the greatest danger, and with less safeguards for his care. He has been called by number and nicknamed and ridiculed. Frequently trades-unions have excluded him from their benefits, compensation laws have discriminated against him, trades have been closed to him, until he has wondered in the bitterness of his spirit what American opportunity was and how he could pursue life, liberty, and happiness at his work. Whenever he has been discontented, the popular remedy has been higher wages or shorter hours, and rarely the expansion of personal relationships. Very little self-determination has been given to him; on the contrary he has been made a cog in a highly organized industrial machine. His spirit has been imprisoned in the hum of machinery. His special gifts have been lost, even as his lack of skill in mechanical work has injured delicate processes and priceless materials. His pride has been humiliated and his initiative stifled because he has been given little of the artisan's pleasure in seeing his finished product.”

Frances Kellor (1873–1952) American sociologist

What is Americanization? (1919)

Life , War , Pleasure , Law

“Now, everything Marx did was intentionally anti-Christian. If the Bible is for it, he's against it. See, the Bible makes private property a real serious issue. Ownership of private property is critical. You can't have freedom without property rights. What good does it do to say that you have all kinds of freedom if there's no place to exercise your freedom? […] You could not possibly lose your property permanently in the Biblical system. Since every man has his own vine and his own fig tree, drink waters out of your own cistern, waters out of your own well. Private property is essential. […] Karl Marx developed the idea of a graduated income tax. The more you make, the more they take. That's Karl Marx's idea. He's said, "You need to abolish rights of inheritance." The Bible says a good man leaveth an inheritance to his children's children. Karl Marx was against that. Confiscate property rights. Evolution is a foundation of Communist philosophy behind the money powers. Karl Marx said, "We need a central bank." This was a Communist idea. The banking system we're using today in America, the Federal Reserve, is a direct result of Karl Marx's thinking. There is nothing Federal about it. It's private bankers that run our currency. The Bible says, "The love of money is the root of all evil". All evil.”

Kent Hovind (1953) American young Earth creationist

Creation seminars (2003-2005), The dangers of evolution

Love , Money , Children , Exercises

“Another reason is because industry is the most important field of human activity, and management is the fundamental element in industry. It is now generally recognized that not bankers, not stockholders, but management is the pivot of business success. It is good management that draws credit, that draws workers, that draws customers. Moreover, whatever changes should come, whether industry is owned by individual capitalists, or by the State, or by the workers, it will always have to be managed. Management is a permanent function of business.”

Mary Parker Follett (1868–1933) American academic

Source: Dynamic administration, 1942, p. xx

Business , Change , Success , Drawing

“[A banker is] a man who will lend you money if you can prove to him that you don't need it.”

Joe E. Lewis (1902–1971) American singer and comedian

Quoted by Leonard Lyons in his column https://secure.pqarchiver.com/washingtonpost_historical/doc/151726578.html, 15 October 1944

Money

“The streets of every city in America are filled with men who would pay all the money they could lay their hands on to be transformed, even for a day, into hairy, hard-fisted brutes who walk all over cops, extort drinks from terrified bartenders and roar out of town on big motorcycles after raping the banker's daughter.”

Hunter S. Thompson (1937–2005) American journalist and author

1960s, Hell's Angels: The Strange and Terrible Saga of the Outlaw Motorcycle Gangs (1966)

Men , Money , Drink , Daughters

“A banker's charter written by bankers.”

Joe Higgins (1949) Irish socialist politician

The view of Joe Higgins on the Keane report on mortgage arrears The Irish Times http://www.irishtimes.com/newspaper/ireland/2011/1020/1224306124490.html

“England will pay ten thousand a year to a lawyer or a banker, but when she has splendid fellows like me who conquer empires and keep them for her, she only gives them just enough to keep their polo ponies.”

André Maurois (1885–1967) French writer

Les silences du colonel Bramble (The Silence of Colonel Bramble)

“To paraphrase Clemenceau, money is much too serious a matter to be left to the Central Bankers.”

Milton Friedman (1912–2006) American economist, statistician, and writer

Source: (1962), Ch. 3 The Control of Money, p. 50-51

Money

“By its means the banker creates the means of payment out of nothing, whereas when he receives a bag of money from his customer, one means of payment, a bank credit, is merely substituted for another, an equal amount of cash.”

Ralph George Hawtrey (1879–1975) British economist

Source: Currency and Credit (1919), Chapter II, "Metallic Money", p. 20 (2nd ed. 1921)
Context: The use of money does not disestablish the normal process of creating credit. Money, it is true, is always being paid into the banks by the retailers and others who receive it in the course of business, and they of course receive bank credits in return for the money thus deposited. But for the manufacturers and others who have to pay money out, credits are still created by the exchange of obligations, the banker's immediate obligation being given to his customer in exchange for the customer's obligation to repay at a future date. We shall still describe this dual operation as the creation of credit. By its means the banker creates the means of payment out of nothing, whereas when he receives a bag of money from his customer, one means of payment, a bank credit, is merely substituted for another, an equal amount of cash.

Money

“So limited is our knowledge that we resort, not to science, but to shamans. We place control of the world's largest economy in the hands of a few elderly men, the central bankers.”

Benoît Mandelbrot (1924–2010) Polish-born, French and American mathematician

Source: The (Mis)Behavior of Markets (2004, 2008), Ch. 13, p. 254–255
Context: It is beyond belief that we know so little about how people get rich or poor, about how it is they come to dwell in comfort and health or die in penury and disease. Financial markets are the machines in which much of human welfare is decided; yet we know more about how our car engines work than about how our global financial system functions. We lurch from crisis to crisis. In a networked world, mayhem in one market spreads instantaneously to all others—and we have only the vaguest of notions how this happens, or how to regulate it. So limited is our knowledge that we resort, not to science, but to shamans. We place control of the world's largest economy in the hands of a few elderly men, the central bankers.

Men , World , Knowledge , Science

“I found that I had written a book which even bankers' daughters could read and weep over and feel good about. I swore to myself that if I every wrote another book, no one would weep over it; that it would be so hard and deep that they would have to face it without the consolation of tears.”

Richard Wright (1908–1960) African-American writer

Source: Native Son (1940), p. xxvii

Books , Feeling , Tear , Reading

“And particularly because they all observe one rule which woe betides the banker who fails to heed it,
Which is you must never lend any money to anybody unless they don't need it.”

Ogden Nash (1902–1971) American poet

"Bankers Are Just Like Anybody Else, Except Richer"
I'm a Stranger Here Myself (1938)
Context: Most bankers dwell in marble halls,
Which they get to dwell in because they encourage deposits and discourage withdrawals,
And particularly because they all observe one rule which woe betides the banker who fails to heed it,
Which is you must never lend any money to anybody unless they don't need it.

Money

“Our democracy is not in peril—we do not live in a democracy. The image of our democracy is in peril. The deep state—the generals, bankers, corporatists, lobbyists, intelligence chiefs, government bureaucrats and technocrats—is intent on salvaging the brand. It is hard to trumpet yourself as the world’s guardian of freedom and liberty with Donald Trump blathering on incoherently about himself, inciting racist violence, insulting our traditional allies along with the courts, the press and Congress, tweeting misspelled inanities and impulsively denouncing or sabotaging bipartisan domestic and foreign policy.”

Chris Hedges (1956) American journalist

"The Enemy Within" (2019)

World , Intelligence , Democracy , Freedom

“I have tried to define democracy, and worked out five criteria. If you meet a powerful person, ask them five questions: What power have you got? Where did you get it from? In whose interest do you exercise it? To whom are you accountable? How could we get rid of you?Because if you can’t get rid of the people who have power over you they don’t have to listen to you. The reason the members of parliament and prime ministers, with all their defects, have to listen is because the Day of Judgement comes on polling day, whereas the bankers, the World Trade Organization, the IMF, the Pope, the mullahs, the rabbis, don’t have to listen — because they are there. Some of them say they’re there because God gave them power, others say they are following the inescapable conclusions of a market-related society. But whatever justification they give they aren’t accountable and can’t be removed — and I will not be governed by people I can’t get rid of. For that very reason, people who do have power don’t like democracy because it will undermine the security they think they have.”

Tony Benn (1925–2014) British Labour Party politician

Tony Benn interview “Hope is the key, Share International” https://share-international.org/magazine/old_issues/2003/jan_03.htm#benn (January 2003)
2000s

Democracy , God , Question , Personality

“It is not some malevolent quirk of international bankers which makes the balance of payments surplus necessary. It is the hard facts of life. Quite a few of the resolutions mention the need to get rid of the shackles of international finance. These shackles can be exaggerated. If you want less to do with bankers and fewer International Monetary Fund visits the answer is straightforward: Help us to get out of debt. It is no good urging independence and denying policies to that end.”

Roy Jenkins (1920–2003) British politician, historian and writer

Speech to the Labour Party Conference in Blackpool (30 September 1968), quoted in The Times (1 October 1968), p. 6
1960s

Life , Making love , Help

“Tikka Khan was a soldier doing a soldier’s job. He went to East Pakistan with precise orders and came back by precise orders. He did what he was ordered to do, though he wasn’t always in agree ment, and I picked him because I know he’ll follow my orders with the same discipline. And he won’t try to stick his nose in politics. I can’t destroy the whole army, and anyway his bad reputation for the events in Dacca is exaggerated. There’s only one man really responsible for those events—Yahya Khan. Both he and his advisers were so drunk with power and corruption they’d even forgotten the honor of the army. They thought of nothing but acquiring beautiful cars, building beautiful homes, making friends with bankers, and sending money abroad. Yahya Khan wasn’t interested in the government of the country, he was interested in power for its own sake and nothing else. What can you say of a leader who starts drinking as soon as he wakes up and doesn’t stop until he goes to bed? You’ve no idea how painful it was to deal with him. He was really Jack the Ripper.”

Zulfikar Ali Bhutto (1928–1979) Fourth President and ninth Prime Minister of Pakistan

Oriana Fallaci. Interview with Ali Bhutto in Karachi, April 1972

Money , Home , Pain , Drink

“I spent 33 years and four months in active military service and during that period I spent most of my time as a high class muscle man for Big Business, for Wall Street and the bankers. In short, I was a racketeer, a gangster for capitalism.”

Smedley D. Butler book War Is a Racket

War is a racket (1935)

Business , Time

“I will mitigate the impact of a no-deal Brexit on you and step in to help smooth those short-term difficulties. If we could do it for the bankers in the financial crisis, we can do it for our fisherman, farmers and small businesses now.”

Jeremy Hunt (1966) British politician

Tory leadership: Jeremy Hunt sets 30 September 'no-deal deadline' https://www.bbc.co.uk/news/uk-politics-48819260 BBC News (1 July 2019)
2019

Business , Help

“The average successful banker is by no means so intelligent and resourceful a man as is the average successful business man. Yet the banker through his control of credit practically controls the average business man.”

Henry Ford book My Life and Work

Source: My Life and Work (1922), Chapter XII, Money - Master or Servant

Business , Intelligence , Success

“Bankers play far too great a part in the conduct of industry...”

Henry Ford book My Life and Work

Source: My Life and Work (1922), Chapter XII, Money - Master or Servant

Parting

“Cars are free to circulate but still there are speed limits, therefore I do not see why, at the international level, we should not study ways to limit monetary movements. Bankers cannot act at will. ... Why should we not draw up some rules of the game?”

Jacques Delors (1925) French economist and politician

Speech to the European Parliament (17 September 1993), quoted in The Times (18 September 1993), p. 23
President of the European Commission

Drawing , Study , Game , Speed

“In a free-market economy, the consumer is king: labor unions don't run things, business people don't run things, bankers don't run things, politicians don't run things, but the success of a business depends on how people spend their money.”

Ron Paul (1935) American politician and physician

In response to the question "What is your opinion on direct democracy, where the citizens themselves make law, rather than elected representatives?" https://www.youtube.com/watch?v=p-nfaTZNWcI (May 14, 2015)
2015

Money , Dependency , Success , Business