Quotes about budget
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“So the game plan is not merely to free the income of the wealthiest class to “offshore” itself into assets denominated in harder currencies abroad. It is to scrap the progressive tax system altogether. … How stable can a global situation be where the richest nation does not tax its population, but creates new public debt to hand out to its bankers? … The “solution” to the coming financial crisis in the United States may await the dollar’s plunge as an opportunity for a financial Tonkin Gulf resolution. Such a crisis would help catalyze the tax system’s radical change to a European-style “Steve Forbes” flat tax and VAT sales-excise tax…. More government giveaways will be made to the financial sector in a vain effort to keep bad debts afloat and banks “solvent.” As in Ireland and Latvia, public debt will replace private debt, leaving little remaining for Social Security or indeed for much social spending. … The bottom line is that after the prolonged tax giveaway exacerbates the federal budget deficit – along with the balance-of-payments deficit – we can expect the next Republican or Democratic administration to step in and “save” the country from economic emergency by scaling back Social Security while turning its funding over, Pinochet-style, to Wall Street money managers to loot as they did in Chile. And one can forget rebuilding America’s infrastructure. It is being sold off by debt-strapped cities and states to cover their budget shortfalls resulting from un-taxing real estate and from foreclosures. Welcome to debt peonage. This is worse than what was meant by a double-dip recession. It will be with us much longer.”

Michael Hudson (economist) (1939) American economist

Obama's Bushism http://michael-hudson.com/2010/12/obamas-bushism/ (December 8, 2010) Michael-Hudson.com, 1998-

Money, Game, Effort, Change

“I think that it's really an early age… I would feel proud, when I would work for education, when I would have done something, when I would be feeling confident to tell people, 'Yes! I have built that school; I have done that teachers' training, I have sent that (many) children to school'… Then if I get the Nobel Peace Prize, I will be saying, Yeah, I deserve it, somehow… I want to become a Prime Minister of Pakistan, and I think it's really good. Because through politics I can serve my whole county. I can be the doctor of the whole country… I can spend much of the money from the budget on education," she told It appears that becoming prime minister is a means to the end she has dedicated her life to… [in recalling when she got shot] He asked, 'Who is Malala?' He did not give me time to answer his question… He fired three bullets… One bullet hit me in the left side of my forehead, just above here, and it went down through my neck and into my shoulder… But still if I look at (it), it's a miracle… A Nobel Peace Prize would help me to begin this campaign for girls' education… But the real call, the most precious call, that I want to get and for which I'm thirsting and for which I want to struggle hard, that is the award to see every child to go to school, that is the award of peace and education for every child. And for that, I will struggle and I will work hard.”

Malala Yousafzai (1997) Pakistani children's education activist

Interview on CNN with Christiane Amanpour (October 11, 2013)

Life, Money, Children, People

“But they have not rejected the Budget; they have only referred it to the people. On what principle do they refer Bills to the people? I remember the election of 1900, when a most powerful member of the Tory Cabinet said that the Nonconformists could vote with absolute safety for the Government, because no question in which they were interested would be raised. In two years there was a Bill destroying the School Boards. There was a Bill which drove Nonconformists into the most passionate opposition. What did the House of Lords do? Did they refer it to the people? Oh no, there was a vast difference between protecting the ground landlords in towns and protecting the village Dissenter. After all, the village Dissenter is too low down in the social scale for such exalted patronage, so he was left to the mercy of a Tory House of Commons without any of this high and powerful protection. Well, the Dissenters, despised as they may be, once upon a time taught a lesson to the House of Lords, and ere another year has passed they will be able to say, "Here endeth the second lesson".”

David Lloyd George (1863–1945) Former Prime Minister of the United Kingdom

Speech to the National Liberal Club (3 December 1909), quoted in Better Times: Speeches by the Right Hon. D. Lloyd George, M.P., Chancellor of the Exchequer (London: Hodder & Stoughton, 1910), p. 189.
Chancellor of the Exchequer

People, School, Question, Passion

“I understand why he [Alex Ferguson] is a bit emotional. He has some top players in the world and they should be doing a lot better than that… You would be sad if your team gets as clearly dominated by opponents who have been built on 10% of the budget.”

José Mourinho (1963) Portuguese association football player and manager

http://www.dailymail.co.uk/sport/football/article-333991/Mourinho-vs-Ferguson-head-head.html 2005

World, Sadness, Understanding

“Of the Budget as a whole, I say "Bravo". I am going to support it through thick and thin.”

Ramsay MacDonald (1866–1937) British statesman; prime minister of the United Kingdom

On Lloyd George's People's Budget, quoted in 'From Green Benches', Leicester Pioneer (8 May 1909).

Support

“Yet today our military is still organized more for Cold War threats than for the challenges of a new century -- for industrial age operations, rather than for information age battles. There is almost no relationship between our budget priorities and a strategic vision. The last seven years have been wasted in inertia and idle talk. Now we must shape the future with new concepts, new strategies, new resolve.”

George W. Bush (1946) 43rd President of the United States

1990s, A Period of Consequences (September 1999)

War, Age, Future

“Let me tell you something -- wait a minute. You know one things that's wrong with this country? Everybody gets a chance to have their fair say. My budget did more to fight AIDS than any in history, and we're having to put up with this. (Applause.) Tell them to let me talk. (Applause.) If you want to give a speech -- go out there and raise your own crowd. We'll be glad to listen to you. (Applause.) So there were those -- (interruption) -- I'll make you a deal. I'll ignore them if you will.”

Bill Clinton (1946) 42nd President of the United States

Applause. Response to hecklers, courtyard of Philadelphia City Hall (May 28, 1993). Remarks at City Hall in Philadelphia http://www.presidency.ucsb.edu/ws/index.php?pid=46631, May 28, 1993. 1990s

History, Chance, Waiting, Fight

“Participation by the public in decision-making, which requires full information, transparency and accountability, is essential to the democratic order. Parliaments have a special responsibility to oversee the adoption of national budgets and to monitor the actual use of appropriations so as to ferret out corruption.”

Alfred de Zayas (1947) American United Nations official

Disarm and develop – UN expert urges win-win proposition for States and peoples
2014

Decision

“I like a film where you can see every penny of the budget up there on the screen.”

Alan Moore (1953) English writer primarily known for his work in comic books

De Abaitua interview (1998)

“Advanced planning is another area which the private sector has excelled, but not government. However, today's changing market conditions, increasing demands, shrinking budgets and even globalization force us to look at the way we provide our judicial services in a different light. It is no longer enough that we do our job, we now have to do it with a greater sense of purpose and accountability every step of the way.”

Federico Hernández Denton (1944) American judge

Discussing needed changes to the Puerto Rico Judicial System, in an interview with Caribbean Business (May 17, 2007)

Way, Sense, Light, Change

“In 2014, one of the key agendas of the BJP’s election campaign was highlighting the dismal management of the Indian economy, ironically under an ‘economist’ prime minister and a ‘know-it-all’ finance minister. We all knew that the economy was in the doldrums but since we were not in government, we naturally did not have the complete details of the state of the economy. But, what we saw when we formed the government left us shocked! The state of the economy was much worse than expected. Things were terrible. Even the budget figures were suspicious. When all of this came to light, we had two options – to be driven by Rajneeti (political considerations) or be guided by Rashtraneeti (putting the interests of India First)… Rajneeti, or playing politics on the state of the economy in 2014, would have been extremely simple as well as politically advantageous for us. We had just won a historic election, so obviously the frenzy was at a different level. The Congress Party and their allies were in big trouble. Even for the media, it would have made news for months on end. On the other hand, there was Rashtraneeti, where more than politics and one-upmanship, reform was needed. Needless to say, we preferred to think of ‘India First’ instead of putting politics first. We did not want to push the issues under the carpet, but we were more interested in addressing the issue. We focused on reforming, strengthening and transforming the Indian economy. The details about the decay in the Indian economy were unbelievable. It had the potential to cause a crisis all over. In 2014, industry was leaving India. India was in the Fragile Five. Experts believed that the ‘I’ in BRICS would collapse. Public sentiment was that of disappointment and pessimism.”

Narendra Modi (1950) Prime Minister of India

Narendra Modi, Swarajya Interviews Prime Minister Modi, Interview, R Jagannathan- Jul 02, 2018 https://swarajyamag.com/economy/swarajya-interviews-prime-minister-modi-the-state-of-indian-economy 2018

Disappointment, Nature, Thinking, Light

“Hero tales suggest the price of courage is beyond the ordinary budget. They tempt us to disown the common capacity of the human spirit to transcend normality.”

Sam Keen (1931) author, professor, and philosopher

Source: The Passionate Life (1983), p. 134

Courage

“If I were the president, I could stop terrorist attacks against the United States in a few days. Permanently. I would first apologize -- very publicly and very sincerely -- to all the widows and the orphans, the impoverished and the tortured, and all the many millions of other victims of American imperialism. I would then announce that America's global interventions -- including the awful bombings -- have come to an end. And I would inform Israel that it is no longer the 51st state of the union but – oddly enough – a foreign country. I would then reduce the military budget by at least 90% and use the savings to pay reparations to the victims and repair the damage from the many American bombings and invasions. There would be more than enough money. Do you know what one year of the US military budget is equal to? One year. It's equal to more than $20,000 per hour for every hour since Jesus Christ was born. That's what I'd do on my first three days in the White House. On the fourth day, I'd be assassinated.”

William Blum (1933–2018) American author and historian

"War against terrorism or expansion of the American Empire?" http://web.archive.org/20030228000339/members.aol.com/bblum6/speech.htm

Money, Christ, Housing, Sincerity

“And why the need for a tightrope balancing act in the execution of the FY 2015 national budget, particularly with respect to the Supreme Court decision on the controversial Disbursement Acceleration Program?”

Francis Escudero (1969) Filipino politician

2014, Speech: Sponsorship Speech for the FY 2015 National Budget

Decision

“The Government has now resolved to enter upon an arms race, and the people will have to pay for their mistake in believing that it could be trusted to carry out a policy of peace. … This is a War Budget. We can look in the future for no advance in Social Legislation. All available resources are to be devoted to armaments.”

Clement Attlee (1883–1967) Former Prime Minister of the United Kingdom

Broadcast (22 April 1936), quoted in "Mr. Attlee on a war budget", The Times (23 April 1936), p. 16.
1930s

War, People, Peace, Future

“As the original Mary Poppins budget of five million dollars continued to grow, I never saw a sad face around the entire Studio. And this made me nervous. I knew the picture would have to gross 10 million dollars for us to break even. But still there was no negative head-shaking. No prophets of doom. Even Roy was happy. He didn't even ask me to show the unfinished picture to a banker. The horrible thought struck me — suppose the staff had finally conceded that I knew what I was doing.”

Walt Disney (1901–1966) American film producer and businessman

Statement of 1 October 1966, used in The Walt Disney Story (1973) https://waltdatedworld.com/id140.htm

Happiness, Sadness

“Rebuild the country's infrastructure. Nobody can do that like me. Believe me. It will be done on time, on budget, way below cost, way below what anyone ever thought. I look at the roads being built all over the country, and I say I can build those things for one-third. What they do is unbelievable, how bad.”

Donald J. Trump (1946) 45th President of the United States of America

2010s, 2015, Presidential Bid Announcement (June 16, 2015)

Way, Time, Country

“As one of our colleagues recently put it, this Republican pledge of no new taxes is pure Bushlips. It's Bushlips when the president says 'No new taxes' and sends a budget requiring the Finance Committee to raise $20 billion in new revenues: $15 billion in taxes and $5 billion in user fees.”

Lloyd Bentsen (1921–2006) American politician

quoted in [24 March 1990, Paul, Taylor, Democratic Leaders Talk Tough on Taxes;President's Promise Not to Impose New Levies Is 'Pure Bushlips,' Sen. Bentsen Declares, The Washington Post, 0190-8286, A6, http://pqasb.pqarchiver.com/washingtonpost/access/72577580.html?FMT=ABS&FMTS=ABS:FT&date=Mar+24%2C+1990&author=Paul+Taylor&pub=The+Washington+Post+(pre-1997+Fulltext)&edition=&startpage=a.06&desc=Democratic+Leaders+Talk+Tough+on+Taxes%3BPresident%27s+Promise+Not+to+Impose+New+Levies+Is+%60Pure+Bushlips%2C%27+Sen.+Bentsen+Declares]
alluding to George H. W. Bush's pledge “Read my lips: no new taxes” while accepting the presidential nomination at the 1988 Republican National Convention

“Kubrick wasn’t making a movie when I was working with him. He was preparing to make a movie, which is something quite different. Part of the charm of working with a director like Kubrick, if there is or was a director like him, was that during the privileged period before he even showed (the script) to the studio, it was just between him and me. You are sort of creating a game in the ball court of theory. There is no film being shot; there is no budget. It was in many ways a very exciting time. It’s also very fraught, particularly for a writer, because you don’t know if it’s going to be of any point.”

Frederic Raphael (1931) British writer

Of Eyes Wide Shut
Interview, http://www.tipjar.com/dan/raphael.htm

Way, Game, Time, Parting

“What is the "cost of capital" to a, firm in a world in which funds are used to acquire assets whose yields are uncertain; and in which capital can be obtained by many different media, ranging from pure debt instruments, representing money-fixed claims, to pure equity issues, giving holders only the right to a pro-rata share in the uncertain venture? This question has vexed at least three classes of economists: (1) the corporation finance specialist concerned with the techniques of financing firms so as to ensure their survival and growth; (2) the managerial economist concerned with capital budgeting; and (3) the economic theorist concerned with explaining investment behavior at both the micro and macro levels.”

Franco Modigliani (1918–2003) Italian-American economist

Franco Modigliani and Merton H. Miller. "The cost of capital, corporation finance and the theory of investment." The American economic review (1958): 261-297.

Money, World, Behavior, Question

“The American people want a balanced budget. They want Congress to stop this barbaric practice of perpetual deficit spending. It really, if you think about it, is a form of taxation without representation. We fought a war over that issue and we won that war.”

Mike Lee (U.S. politician) (1971) American politician

Tea Party Senator Mike Lee: We Need to Change the Way We Spend Money in Washington http://www.foxnews.com/transcript/2011/04/12/tea-party-senator-mike-lee-we-need-change-way-we-spend-money-washington.html (April 12, 2011)

War, People, Thinking

“Increasing research and development budget to 5 percent of the agricultural production (GVA=P1.17trillion) would bring about better varieties and more efficient farming methods which would increase yields and give the farmer higher incomes even while farmgate prices go down to benefit the consumer.”

Francis Escudero (1969) Filipino politician

2009, Speech: The Socio-Economic Peace Program of Senator Francis Escudero

“As contractors began to understand project management better and stronger cost control became a requirement, the definition of success changed. Success came to be defined as accomplishing the effort on time, within budget, and at an acceptable level of quality.”

Harold Kerzner (1940) American engineer, management consultant

Source: In search of excellence in project management (1998), p. 24

Understanding, Effort, Change, Time

“Because of smart policies, Finland is able to spend less per student than do Norway, Denmark, Sweden, and the United States on all levels, with much better outcomes. The good news for America, though, is that for precisely this reason, Finland is an encouraging example for any country that is facing diminished budgets. […] One area in which Finns excel is cutting administrative costs. It turns out that Finns did not invent most of the education policies they are currently using. Americans did. Child-centered education, problem solving-based learning, educating people for democratic life—these are all ideas introduced by American thinkers. […] It doesn’t seem, then, like much of a stretch to suggest that the United States could borrow smart ideas about education from Finland.”

Anu Partanen (1975) journalist

Source: The Nordic Theory of Everything, Chapter 4

Life, People, Education, Idea

“We had to dispel the notion that the way to economic success lies through a sort of fiscal levitation. That was the abiding post-war delusion—that governments could spend and borrow their way to prosperity, and fine-tune the performance of the economy through something known pretentiously as demand management…It used to be an establishment nostrum that you need a budget deficit to get economic growth. That was the belief which lay behind the notorious letter by 364 economists in March 1981. We have given the lie to that, decisively. There can no longer be any argument about it. Everyone—or almost everyone—now accepts that the proper role of macro-economic policy is to keep downward pressure on inflation and to maintain a stable framework in which the private sector can expand.”

Nigel Lawson (1932) British Conservative politician and journalist

Nigel Lawson, Tax Reform: The Government's Record (Conservative Political Centre, June 1988).

War, Lie, Way, Decision

“As the year draws to a close, the Congress of the Philippines is once more mandated by the Constitution to enact a national budget for the ensuing year. Section 29(1), Article VI of the Constitution provides that “No money shall be paid out of the Treasury except in pursuance of an appropriation by law.” And so today, Mr. President, I rise to sponsor, as Chairman of your Committee on Finance, the General Appropriations Bill for Fiscal Year 2015.”

Francis Escudero (1969) Filipino politician

2014, Speech: Sponsorship Speech for the FY 2015 National Budget

Money, Law, Drawing

“Our first priority must always be the security of our nation, and that will be reflected in the budget I send to Congress. My budget supports three great goals for America: We will win this war; we'll protect our homeland; and we will revive our economy.”

George W. Bush (1946) 43rd President of the United States

2000s, 2002, State of the Union address (January 2002)

War, Support

“We need to hack up the person responsible for this bad connection…. hack him up in front of his children. We need to cut off his face and wear it and go on a really tightly budgeted shopping spree in stores that don't exist yet.”

Charlie Sheen (1965) American film and television actor

uStream Sheen's Korner March 2011

Children, Personality

“In my view, wholesome pleasure, sport, and recreation are as vital to this nation as productive work and should have a large share in the national budget.”

Walt Disney (1901–1966) American film producer and businessman

The Quotable Walt Disney (2001)

Pleasure, Sport

“Human labor, through all its forms, from the sharpening of a stake to the construction of a city or an epic, is one immense illustration of the perfect compensation of the universe. The absolute balance of Give and Take, the doctrine that every thing has its price, — and if that price is not paid, not that thing but something else is obtained, and that it is impossible to get any thing without its price, — is not less sublime in the columns of a leger than in the budgets of states, in the laws of light and darkness, in all the action and reaction of nature. I cannot doubt that the high laws which each man sees implicated in those processes with which he is conversant, the stern ethics which sparkle on his chisel-edge, which are measured out by his plumb and foot-rule, which stand as manifest in the footing of the shop-bill as in the history of a state, — do recommend to him his trade, and though seldom named, exalt his business to his imagination.”

Ralph Waldo Emerson (1803–1882) American philosopher, essayist, and poet

1840s, Essays: First Series (1841), Compensation

Law, Imagination, History, Business

“The opposition of some executives to formalized organizational analysis stems in part from a reaction against the too zealous advocacy of organization as the universal panacea of all management ills. These executives correctly understand that organization is not the whole of management any more than personnel or budgeting or public relation. Organization analysis, therefore, is not properly the periodic pursuit of the expert; rather, it is the continuous responsibility of the executive. His clue is found in mal-functionings; not in the blind following of preconceived stereotypes.”

Marshall E. Dimock (1903–1991) American writer

Source: The Executive in Action, 1945, p. 53-4, as cited in Albert Lepawsky (1949), Administration, p. 406

Understanding, Universe, Parting

“The Pentagon’s judgments about the world have generally proved sounder than the CIA’s. In the 1960s, the CIA said that the Soviets wouldn’t put missiles in Cuba; in the 1970s, that their missiles weren’t accurate; in the 1980s, that the missile budget wouldn’t bankrupt Moscow; and in the 1990s, that Russia’s democratic reforms were irreversible. In each case, the Pentagon argued the opposite case, and turned out to be right. Similarly, in the 1980s, the CIA said that the Soviets weren’t sponsoring terrorism, and then, in the 1990s, that Sunni and Shiite terrorists wouldn’t cooperate. In each case, again, the Pentagon rightly claimed otherwise.”

Mark Riebling (1963) American writer

Litany of Blunders (2007)

World

“So many forces and resources would become available if States, aware (or conscious) of their true (or real) mission, would want to get on (or agree) to abolish every politics aiming at ("visant à", Fr.) expansion or hegemony; system that maintain among nations a a perpetual distrust and tension, impose on them (or force or compel, "leur impose", Fr.) formidable armies and crushing war budgets.”

African Spir (1837–1890) Russian philosopher

Source: Words of a Sage : Selected thoughts of African Spir (1937), p. 54.

War

“If Coca-Cola accidentally created 100 million cans of faulty Coke, you know for sure the entire 100 million cans would be dropped in the Atlantic or Pacific Ocean, without a second thought and irrespective of what that did to the year's profits. What do we do with a crappy movie? We double its advertising budget and hope for a big opening weekend. What have we done for the audience as they walk out of the cinema? We've alienated them. We've sold audiences a piece of junk; we just took twelve dollars away from a couple and we think we've done ourselves no long-term damage.”

David Puttnam (1941) British film producer

GQ magazine, April 1987

Hope, Thinking

“Something must be done, and that speedily, to bridge the widening chasm between the Executive and the Congress. Our experience with President Wilson has demonstrated this. As a self-centered autocrat, confident of himself and suspicious of others, hostile to advice or discussion, he became the absolute master of the Congress while his party was in the majority. The Congress, instead of being a co-ordinate branch, was really in session only to accept, adopt and put into laws the imperious will of the president. When, however, the majority changed, there being no confidence between the executive and the legislative branch of the government, the necessary procedure was almost paralyzed. The president was unyielding and the Congress insisted upon the recognition of its constitutional rights. Even if the president is, as McKinley was, in close and frequent touch with the Senate and the House of Representatives, the relation is temporary and unequal, and not what it out to be, automatic. Happily we have started a budget system; but the Cabinet should have seats on the floor of the Houses, and authority to answer questions and participate in debates.”

Chauncey Depew (1834–1928) American politician

My Memories of Eighty Years (1922), p. 189

Hostility, Law, Confidence, Question

“Dare I say it? Congressional Republicans had a collective war-metaphor-gasm trying to make the president‘s budget seem scary.”

Rachel Maddow (1973) American journalist

The Rachel Maddow Show, MSNBC, March 2009 http://www.msnbc.msn.com/id/29875974/24

War

“Everything that I did as Governor, and everything that I think needs to occur right now in the Federal Government, needs to be a cost-benefit analysis. What are we spending our money on, and what are we getting for what we're spending? I am of the belief that we are on the verge of a financial collapse. We can not repay fourteen trillion dollars in debt if we're spending one point six trillion dollars more than we're taking in this year and years to come. That is not sustainable… We landed on the moon, we can balance the federal budget. And that means cutting forty-three cents out of every federal dollar that we're currently spending.”

Gary Johnson (1953) American politician, businessman, and 29th Governor of New Mexico

Statement from CNN Interview
YouTube
2011-04-21
http://youtu.be/VFf4P20cWmU
2012-02-24
Sound Government

Money, Thinking

“I missed my slipstick. Dad says that anyone who can't use a slide rule is a cultural illiterate and should not be allowed to vote. Mine is a beauty — a K&E 20-inch Log-log Duplex Decitrig. Dad surprised me with it after I mastered a ten-inch polyphase. We ate potato soup that week — but Dad says you should always budget luxuries first. I knew where it was. Home on my desk.”

Robert A. Heinlein book Have Space Suit—Will Travel

Source: Have Space Suit—Will Travel (1958), Chapter 7

Beauty, Home

“I like Godzilla as much as the next guy. No, I like Godzilla more than the next guy! Since I was a little kid, I watched all those absurd rubber-suit movies thinking how cool it would be if we remade Gojira as a big budget block-buster. They failed to do that in 1985, when they brought back Raymond Burr. They failed to do that in 1998, with Tristar’s GINO (Godzilla In Name Only) and I’m sorry to say that they failed again with the latest attempt.”

Aron Ra (1962) Aron Ra is an atheist activist and the host of the Ra-Men Podcast

Patheos, Weighing in on Godzilla http://www.patheos.com/blogs/reasonadvocates/2014/06/08/weighing-in-on-godzilla/ (June 8, 2014)

Guy, Thinking

“Tonight Vietnam must hold the center of our attention, but across the world problems and opportunities crowd in on the American Nation. I will discuss them fully in the months to come, and I will follow the five continuing lines of policy that America has followed under its last four Presidents. The first principle is strength. Tonight I can tell you that we are strong enough to keep all of our commitments. We will need expenditures of $58.3 billion for the next fiscal year to maintain this necessary defense might. While special Vietnam expenditures for the next fiscal year are estimated to increase by $5.8 billion, I can tell you that all the other expenditures put together in the entire federal budget will rise this coming year by only $0.6 billion. This is true because of the stringent cost-conscious economy program inaugurated in the Defense Department, and followed by the other departments of government. A second principle of policy is the effort to control, and to reduce, and to ultimately eliminate the modern engines of destruction. We will vigorously pursue existing proposals—and seek new ones—to control arms and to stop the spread of nuclear weapons. A third major principle of our foreign policy is to help build those associations of nations which reflect the opportunities and the necessities of the modern world. By strengthening the common defense, by stimulating world commerce, by meeting new hopes, these associations serve the cause of a flourishing world. We will take new steps this year to help strengthen the Alliance for Progress, the unity of Europe, the community of the Atlantic, the regional organizations of developing continents, and that supreme association—the United Nations. We will work to strengthen economic cooperation, to reduce barriers to trade, and to improve international finance.”

Lyndon B. Johnson (1908–1973) American politician, 36th president of the United States (in office from 1963 to 1969)

1960s, State of the Union Address (1966)

World, Hope, Communication, Problem

“I don’t want to be full of myself. I really have fun when I’m working, and I don’t want to not have fun when I’m working, because I’m trying to convince myself that I’m ‘somebody’. I don’t like it, and I don’t enjoy other people who are like that. And that’s one of the reasons why doing smaller-budget stuff is really good. You don’t run into that so much…”

Brad Dourif (1950) British actor

The Den Of Geek interview: Brad Dourif http://www.denofgeek.com/us/movies/13555/the-den-of-geek-interview-brad-dourif (August 18, 2008)

People

“Whenever a bill has “broad bipartisan support” you can be certain of one thing: it expands government power at the cost of your rights. It is shameful, but not surprising, that a Congress incapable of fulfilling is basic duties and responsibilities like declaring war and passing a federal budget on time, has no problem quickly reaching near unanimous agreement on new ways to trash the Constitution and Bill of Rights.”

R. Lee Wrights (1958–2017) American gubernatorial candidate

2011, " America Is Not a Battlefield http://www.libertyforall.net/?p=7002"

War, Way, Support, Problem

“Total Revenues amounting to P2.337 trillion will finance the proposed 2015 national budget, representing a Revenue Effort of 16.5% and a growth rate of 15.8%. Tax Revenues, Mr. President, in particular, is targeted at P2.194 trillion, representing a Tax Effort of 15.5%.”

Francis Escudero (1969) Filipino politician

2014, Speech: Sponsorship Speech for the FY 2015 National Budget

Effort

“My budget includes the largest increase in defense spending in two decades — because while the price of freedom and security is high, it is never too high. Whatever it costs to defend our country, we will pay.”

George W. Bush (1946) 43rd President of the United States

2000s, 2002, State of the Union address (January 2002)

Freedom, Country

“I hope that we some day will have a big budget and a lot of time in which to do our work. It is my dream to have an American staff and a Japanese staff work together to create a Godzilla film.”

Kenpachiro Satsuma (1947) Japanese actor

As quoted by David Milner, "Kenpachiro Satsuma Interview I" http://www.davmil.org/www.kaijuconversations.com/satsum.htm, Kaiju Conversations (December 1993)

Dreams, Hope, Time

“The painters have every advantage over us today…Besides being able to tear up their failures—we never can seem to grow ivy fast enough—their materials cost them nothing. They have no committees of laymen telling them what to do. They have no deadlines, no budgets. We are all sickeningly familiar with the final cuts to our plans at the last moment. Why not take out the landscaping, the retaining walls, the colonnades? The building would be just as useful and much cheaper. True, an architect leads a hard life—for an artist.”

Philip Johnson (1906–2005) American architect

Heyer, Paul, ed. (1966). Architects on Architecture: New Directions in America, p. 279. New York: Walker and Company.

Life, Failure, Tear

“No, I didn't read the budget. I hired people to read the budget. You read the budget? Well, yeah. It's the difference between somebody who's in Congress and somebody who's a governor.”

George W. Bush (1946) 43rd President of the United States

2010s, 2011, Speech at the Gerald R. Ford Foundation (2011)

People, Reading

“Mr. Chamberlain's Budget was the natural expression of the character of the present Government. There was hardly any increase allowed for the services which went to build up the life of the people, education and health. Everything was devoted to piling up the instruments of death. The Chancellor expressed great regret that he should have to spend so much on armaments, but said that it was absolutely necessary and was due only to the actions of other nations. One would think to listen to him that the Government had no responsibility for the state of world affairs.”

Clement Attlee (1883–1967) Former Prime Minister of the United Kingdom

Broadcast (22 April 1936), quoted in "Mr. Attlee on a war budget", The Times (23 April 1936), p. 16.
1930s

Life, Death, People, Health

“You can't save free markets by socialism, I don't know where this idea ever came from. You save free markets by promoting free markets and sound money and balanced budgets. The whole reason why nobody wants to address the real problem is, we're spending a trillion dollars a year overseas running an empire, and it's coming to an end. This country is bankrupt, and we won't admit it. Eventually though, the dollar will go bust, and we will bring our troops home, and we will live within our means, but we ought to do it sensibly, rather than waiting for the collapse of the dollar, and this is what we're doing, we're on the verge of destroying our dollar. And then, you think we have problems now, problems then will be a lot worse, it'd look like the Weimar Republic, or a third world nation. And a lot of people know that, and they're scared to death, but we don't need to be making the problem worse by just propping up everything with more government programs, more inflation, and more helicopters, it won't work.”

Ron Paul (1935) American politician and physician

Fox Business Network, October 14, 2008 http://www.youtube.com/watch?v=_qzUtPq8pLE 2000s, 2006-2009

Death, Money, People, World

“Organizations that operate under an IT monarchy place key business unit and technical decisions in the hands of the CIO. Under the duopoly method, decision-making for IT budgets, applications and technologies is shared among the CIO and business unit leaders.”

Jeanne W. Ross (1958) American computer scientist

Attributed to Peter Weill and Jeanne Ross in: Thomass Hoffman (2006) "Taming IT in the World Life Fund" in Computerworld Vol. 40 (33), August 14, 2006. p. 39

Business, Decision

“Our country is wallowing in a miasma of political and class conflict, of greed and special interest, with regard to budget deficits, inflation and rising unemployment, the threats of both a bloody war and a devastating recession. How did we get into this mess? Because the press, during the 1980s committed one of the greatest crimes of the 20th century. The media took a dive, caved in, and did not tell the American people the price they would eventually pay for Reaganomics.”

Carl Rowan (1925–2000) American journalist

while accepting the Allen H. Neuharth Award for Excellence in Journalism from the University of South Dakota in 1990.
Quoington Star article entitled "Has President Nixon Gone Crazy?"

War, People, Country

“As a result of this excessive reliance on ticketing, today, the city generates a significant amount of revenue from the enforcement of code provisions. Along with taxes and other revenue streams, in 2010, the city collected over $1.3 million in fines and fees collected by the court. For fiscal year 2015, Ferguson’s city budget anticipates fine revenues to exceed $3 million – more than double the total from just five years prior. Our review of the evidence, and our conversations with police officers, have shown that significant pressure is brought to bear on law enforcement personnel to deliver on these revenue increases. Once the system is primed for maximizing revenue – starting with fines and fine enforcement – the city relies on the police force to serve, essentially, as a collection agency for the municipal court rather than a law enforcement entity focused primarily on maintaining and promoting public safety. And a wide variety of tactics, including disciplinary measures, are used to ensure certain levels of ticketing by individual officers, regardless of public safety needs.”

Eric Holder (1951) 82nd Attorney General of the United States

2010s, Update on Investigations in Ferguson (2015)

Law

“Departmental reorganization. One way to save public money would be to pass the pending bill for the reorganization of the various departments. This project has been pending for some time, and has had the most careful consideration of experts and the thorough study of a special congressional committee. This legislation is vital as a companion piece to the Budget law. Legal authority for a thorough reorganization of the Federal structure with some latitude of action to the Executive in the rearrangement of secondary functions would make for continuing economy in the shift of government activities which must follow every change in a developing country. Beyond this many of the independent agencies of the Government must be placed under responsible Cabinet officials, if we are to have safeguards of efficiency, economy, and probity.”

Calvin Coolidge (1872–1933) American politician, 30th president of the United States (in office from 1923 to 1929)

1920s, Second State of the Union Address (1924)

Money, Law, Way, Study

“Overconsumption by US citizens, US buy-outs of foreign companies and dollars the Pentagon spends abroad all end up in foreign central banks. These governments face a hard choice: either recycle the dollars back to America by buying US Treasury bonds or let the “free market” force up their currencies relative to the dollar – thereby pricing their exports out of world markets, creating domestic unemployment and business failures. US-style free markets hook them into a system that forces them to accept unlimited dollars. Now they want out. … The US is the world’s largest debtor, yet has avoided the pain of “structural adjustments” imposed on other debtor nations. US interest rate and tax reductions in the face of exploding trade and budget deficits are seen as the height of hypocrisy in view of the austerity programmes that Washington has forced on other countries via the International Monetary Fund and other vehicles.”

Michael Hudson (economist) (1939) American economist

Washington cannot call all the shots http://michael-hudson.com/2009/06/washington-cannot-call-all-the-shots/ (June 14, 2009) Michael-Hudson.com, 1998-

Pain, World, Failure, Business

“A budget must be more than a ledger sheet. It should have a heart and serve as a blueprint for a better quality of life for all residents.”

John R. Leopold (1943) politician

Hometown Annapolis - County Executive Leopold's FY08 Budget Address http://www.hometownannapolis.com/cgi-bin/read/2007/05_02-02/TOP

Life, Heart

“Showgirls is the first big-budget "adults only" movie in a few years and, to be sure, it contains so much nudity that the sexy parts are when the girls put on their clothes. It contains no true eroticism, however, and that's why I think it reflects a grounding in sexual fantasy: Eroticism requires a mental connection between two people, while masturbation requires only the other person's image.”

Roger Ebert (1942–2013) American film critic, author, journalist, and TV presenter

Review http://www.rogerebert.com/reviews/showgirls-1995 of Showgirls (22 September 1995) Reviews, Two star reviews

People, Girl, Thinking, Parting

“To avoid large and unsustainable budget deficits, the nation will ultimately have to choose among higher taxes, modifications to entitlement programs such as Social Security and Medicare, less spending on everything else from education to defense, or some combination of the above.”

Ben Bernanke (1953) American economist

Speech given on Apr. 7, 2010 to the Dallas Regional Chamber of Commerce, "Economic Challenges: Past, Present and Future" http://www.federalreserve.gov/newsevents/speech/bernanke20100407a.pdf. (See pages 13-14 of the speech transcript).

Education

“In any case of the budget deficit the private sector of the economy receives more from government expenditure than it pays in taxes.”

Michał Kalecki (1899–1970) Polish economist

Source: Theory of Economic Dynamics (1965), Chapter 3, The Determinants of Profits, p. 51

“If one could be perfectly certain that everybody always stays within his budget constraint, everybody could be allowed to obtain goods without a specific quid pro quo.”

Jürg Niehans (1919–2007) Swiss economist

Source: The theory of money, 1978, p. 63

“The next priority of my budget is to do everything possible to protect our citizens and strengthen our nation against the ongoing threat of another attack. Time and distance from the events of September the 11th will not make us safer unless we act on its lessons. America is no longer protected by vast oceans. We are protected from attack only by vigorous action abroad, and increased vigilance at home.”

George W. Bush (1946) 43rd President of the United States

2000s, 2002, State of the Union address (January 2002)

Home, Time

“• Realignment of P2.915 billion in the budget of the Department of Social Welfare and Development, specifically from the Pantawid Pamilya Pilipino Program and the KALAHI-CIDSS projects to Social Pension for Indigent Senior Citizens which will benefit 460,647 senior citizens at a total cost of P2.770 billion in line with R. A. No. 9994 or the Expanded Senior Citizens Act of 2010. Additional funding of P20 million will also be provided for the Comprehensive Project for Street Children, Street Families and Indigent Peoples-especially Badjaos, as well as an additional P95 million for Protective Services for Individuals and Families in Difficult Circumstances.”

Francis Escudero (1969) Filipino politician

2014, Speech: Sponsorship Speech for the FY 2015 National Budget

Children, People, Family

“Almost 30 percent of the total matter-energy budget is said to be composed of so-called cold dark matter and almost 70 percent of "dark energy," leaving only about 4 percent as visible matter in the form of the atoms that make up the stars, planets, interstellar dust, and ourselves. Such is the degree of discrepancy between theory and observations today.”

John Moffat book Reinventing Gravity

Prologue, The Elusive Planet Vulcan, A Parable, p. 5
Reinventing Gravity (2008)

Star

“The President’s Budget: Towards Inclusive and Sustained Development”

Francis Escudero (1969) Filipino politician

2014, Speech: Sponsorship Speech for the FY 2015 National Budget

“Our Congress passes laws that subsidize corporations, farms, oil companies, airlines, and houses for suburbia, but when they turn their attention to the poor they suddenly become concerned about balancing the budget and cut back on funds for Head Start.”

Coretta Scott King (1927–2006) American author, activist, and civil rights leader. Wife of Martin Luther King, Jr.

Harvard class day address (1968), quoted in International Education Vol. 1, p. 28

Law, Housing

“Downsizing military budgets will enable sustainable development, the eradication of extreme poverty, the tackling of global challenges including pandemics and climate change, educating and socializing youth towards peace, cooperation and international solidarity.”

Alfred de Zayas (1947) American United Nations official

Report of the Independent Expert on the promotion of a democratic and equitable international order exploring the adverse impacts of military expenditures on the realization of a democratic and equitable international order http://www.ohchr.org/EN/Issues/IntOrder/Pages/Reports.aspx. 2015, Report submitted to the UN Human Rights Council

Youth, Education, Peace, Change

“Transformers is so belabored that it makes Pirates of the Caribbean: At World's End seem like a masterpiece of pacing. It makes that "classic" midsummer alien invasion movie, Independence Day, seem like a template for inventive plotting and solid character development. Even by Michael Bay standards, this movie is vapid. Yes, there are plenty of explosions, but those are a dime-a-dozen these days; even Discovery Channel's Mythbusters has them. Transformers isn't clean, big-budget fun; it's clean, big-budget tedium. For Transformers fans, I suppose this is a dream motion picture. For everyone else, it's a nightmare.”

James Berardinelli (1967) American film critic

Review http://www.reelviews.net/php_review_template.php?identifier=591 of Transformers (2007). One-and-a-half star reviews

World, Dreams

“The biggest alien invasion picture of the summer of 1996 is Independence Day. But it's not the first. The Arrival, with a significantly lower budget than Fox's July 3 release, has that distinction, and, while this particular film doesn't boast any radical or surprising ideas, it combines numerous familiar plot elements into a suspenseful, entertaining whole. Best of all, perhaps, is the realization that some thought went into writer/director David Twohy's script. This is not a dumb movie; in fact, with its heavy reliance upon real science, it's startlingly credible.”

James Berardinelli (1967) American film critic

Review http://www.reelviews.net/movies/a/arrival.html of The Arrival (1996). Three star reviews

Idea, Science, Summer

“An accompanying Special Provision in the Supreme Court budget provides that … “all non-recurring appropriations herein such as, but not limited to, foreign-assisted projects and locally-funded projects, shall not form part of the Judiciary’s appropriation that may not be reduced by Congress, in order to clarify matters Mr. President.”

Francis Escudero (1969) Filipino politician

2014, Speech: Sponsorship Speech for the FY 2015 National Budget

Parting

“In an ever-advancing spiral the public was made to believe that only Hollywood-style extravaganzas were worth seeing and that only they could give an accurate sense of the world of art. The resulting box-office pressure made the museums still more dependent on corporate funding. Then came the recessions of the 1970s and 1980s. Many individual donors could no longer contribute at the accustomed rate, and inflation eroded the purchasing power of funds. To compound the financial problems, many governments, facing huge deficits—often due to sizable expansions of military budgets—cut their support for social services as well as their arts funding. Again museums felt they had no choice but to turn to corporation for a bail-out.”

Hans Haacke (1936) conceptual political artist

1980s, "Museums, Managers of Consciousness," 1983

World, Art, Support, Problem

“The very hirelings of the press, whose trade it is to buoy up the spirits of the people … have uttered falsehoods so long, they have played off so many tricks, that their budget seems, at last, to be quite empty.”

William Cobbett (1763–1835) English pamphleteer, farmer and journalist

“The Last Ten Years,” Political Register (4 January 1812).

People

“You know, the Democrats want to balance the budget by raising spending and raising taxes. The Soviet Union had a balanced budget.”

Tom DeLay (1947) American Republican politician

Meet the Press, 2003 December 12.
2000s

“With our financial house on fire, Obama makes clear both in in his speech and his budget that the essence of his presidency will be the transformation of health care, education and energy.”

Charles Krauthammer (1950–2018) American journalist

Column, March 6, 2009, "The Great Non Sequitur: The Sleight of Hand Behind Obama's Agenda" http://www.jewishworldreview.com/cols/krauthammer030609.php3 at jewishworldreview.com. 2000s, 2009

Health, Education, Housing

“John King: FEMA is about to run out of money, and there are some people who say do it on a case-by-case basis and some people who say, you know, maybe we're learning a lesson here that the states should take on more of this role. How do you deal with something like that?
Mitt Romney: Absolutely. Every time you have an occasion to take something from the federal government and send it back to the states, that's the right direction. And if you can go even further and send it back to the private sector, that's even better. Instead of thinking in the federal budget, what we should cut — we should ask ourselves the opposite question. What should we keep? We should take all of what we're doing at the federal level and say, what are the things we're doing that we don’t have to do? And those things we've got to stop doing, because we're borrowing $1.6 trillion more this year than we're taking in. We cannot —
John King: Including disaster relief, though?
Mitt Romney: We cannot — we cannot afford to do those things without jeopardizing the future for our kids. It is simply immoral, in my view, for us to continue to rack up larger and larger debts and pass them on to our kids, knowing full well that we'll all be dead and gone before it's paid off. It makes no sense at all.”

Mitt Romney (1947) American businessman and politician

GOP debate, , quoted in
2011

Money, People, Question, Thinking

“Only an asshole would put together a budget like this. I wouldn't call you an asshole unless you really were an asshole.”

John McCain (1936–2018) politician from the United States

Supposedly said to Senator Pete Domenici at a GOP meeting in the fall of 1999. http://www.newsweek.com/id/82862 Disputed

“I think when you’re shooting on such a tight budget and schedule, the insanity and the energy and the sense of spirit is what makes the experience unique. Ten percent more isn’t going to make enough of a difference and anything that would — double the budget, triple the time — then you’re making a different kind of film.”

Olly Blackburn Film director and screenwriter

[Filmmaker Magazine, ”Donkey Punch” co-writer-director, Olly Blackburn, Jason, Guerrasio, 15 January 2008, 23 February 2012, http://www.filmmakermagazine.com/news/2008/01/donkey-punch-co-writer-director-olly-blackburn/, Independent Feature Project]

Thinking, Sense, Time

“Unfortunately, several decades of Keynesian instruction on the virtues of budget deficits have left the public and our political leaders confused about the costs of running persistent deficits. […] Keynes has been that influential defunct scribbler for the past generation. But who would ever have thought that the politician hearing Keynes's voice in the air might be Ronald Reagan”

Martin Feldstein (1939–2019) American economist

"Counterrevolution in Progress", Challenge (1988).

Past

“It would be impossible to reach unanimity on every aspect of our budget, but it's clear there is widespread support for the concept of change. We face a choice between either cutting waste out of government, or facing a new job killing tax increase every year from here on out.”

Mitt Romney (1947) American businessman and politician

Press release, 2003-02-27 http://myclob.pbwiki.com/02-27-2003 2003–2007 Governor of Massachusetts

Support, Change

“Success in all types of organization depends increasingly on the development of customized software solutions, yet more than half of software projects now in the works will exceed both their schedules and their budgets by more than 50%.”

Barry Boehm (1935) American software engineer

Abstract.
Software Cost Estimation with Cocomo II with Cdrom (2000)

Success, Dependency

“Mr. President, barely half a year after the controversial Supreme Court decision scrapping the pork barrel system in the national budget, the equally contentious jurisprudence on the Disbursement Acceleration Program, a. k. a. the infamous DAP, emerged out of the hallowed chambers of the highest court in the land.”

Francis Escudero (1969) Filipino politician

2014, Speech: Sponsorship Speech for the FY 2015 National Budget

Decision

“Americans are intimately familiar with the image of a federal government paralyzed by the chief executive's unpopularity. Presidents Ronald Reagan in the early 1980s, Bill Clinton in the early 1990s, George W. Bush after the 2006 midterm election, and perhaps even Barack Obama in the first months after the 2010 midterm election. In one case in late 1995 and early 1996, the American government was literally shut down as Republicans attempted to overpower the unpopular Clinton in a federal budget dispute. But in none of these cases did the president, though his unpopularity had clearly incumbered the functioning of the state, offer to resign. And few Americans honestly expected resignation, even at the president's least popular moment.”

Max Fisher American journalist

Max Fisher, "Why Do Japanese Prime Ministers Keep Resigning" http://www.theatlantic.com/international/archive/2011/06/why-do-japanese-prime-ministers-keep-resigning/239850/ (3 June 2011), The Atlantic.

“The refraction of light agrees with the grand principle that Nature always uses the simplest means to accomplish its effects. From this principle, can be derived whenever light passes from one medium to another, the ratio of the sine of the angle of refraction to the sine of the angle of refraction equals the inverse ratio of the speeds at which light moves in each medium.
But this "budget", this expense of action that Nature minimizes in the refraction of light, is it also minimized in the direct propagation and reflection of light? Yes, it always has the smallest possible value.”

Pierre Louis Maupertuis (1698–1759) French mathematician, philosopher and man of letters

Accord de différentes loix de la nature qui avoient jusqu’ici paru incompatibles (1744)

Nature, Light, Speed

“Paul Laurence Dunbar High School was established in 1870 in Washington, D. C., as the nation's first black public high school. From 1870 to 1955, most of its graduates went off to college, earning degrees from Harvard, Princeton, Williams, Wesleyan and others. As early as 1899, Dunbar students scored higher on citywide tests than students at any of the district's [three] white [high] schools. Its attendance and tardiness records were generally better than those of white schools. During this era of high achievement, there was no school violence. It wasn't racially integrated. It didn't have a big budget. It didn't even have a lunchroom or all those other things that today's education establishment says are necessary for black academic excellence.”

Walter E. Williams (1936) American economist, commentator, and academic

"Educational excellence initiative" (15 August 2012)
2010s

Education, School

“First, Mr. President, distinguished colleagues, the facts. About a year ago, the legislative mill nearly came to a halt when the Supreme Court decision on the unconstitutionality of the Priority Development Assistance Fund (PDAF) or the pork barrel system radically altered the budget landscape. Declared as unconstitutional by the High Court were the following, and I quote:”

Francis Escudero (1969) Filipino politician

2014, Speech: Sponsorship Speech for the FY 2015 National Budget

Quotes, Decision

“the commitment needs to be a commitment to grow the economy and the budget will balance itself”

Justin Trudeau (1971) 23rd Prime Minister of Canada; eldest son of Pierre Trudeau

a week before 18 February 2014 https://www.macleans.ca/politics/justin-trudeaus-sunny-ways/ per Aaron Wherry of Macleans

“Market Anti-Inflation Plans
In such a context, it should be clear that balancing a nominal budget will solve nothing, and attempting to achieve such a spurious balance will produce much mischief.”

William Vickrey (1914–1996) Canadian noble laureate in economics

William Spencer Vickrey et al. Full Employment and Price Stability: The Macroeconomic Vision of William S. Vickrey. p. 4

“Economic and monetary union…is incompatible with independent sovereign states with control over their own fiscal and monetary policies. It would be impossible…to have irrevocably fixed exchange rates while individual countries retained independent monetary policies…such a system could never have the credibility necessary to persuade the market that there was no risk of realignment. Thus EMU inevitably implies a single European currency, with monetary decisions…taken not by national Governments and/or central banks, but by a European Central Bank. Nor would individual countries be able to retain responsibility for fiscal policy. With a single European monetary policy there would need to be central control over the size of budget deficits and, particularly, over their financing. New European institutions would be required, to determine overall Community fiscal policy and agree the distribution of deficits between individual Member States…It is clear that Economic and Monetary Union implies nothing less than European Government…and political union: the United States of Europe. That is simply not on the agenda now, nor will it be for the forseeable future.”

Nigel Lawson (1932) British Conservative politician and journalist

Speech to the Royal Institute for International Affairs, Chatham House (25 January 1989), quoted in The View from No. 11: Memoirs of a Tory Radical (London: Bantam, 1992), p. 910.

Communication, Decision, Future, Country

“I said that this would be a Budget based on prudence for a purpose and that guides us also in our approach to public spending.”

Gordon Brown (1951) British Labour Party politician

Hansard, 6 ser, vol 308 col 111 (17 March 1998)
From the 1998 Budget speech.
Chancellor of the Exchequer

“A sovereign government's budget is not like the budget of a household or firm. Governments issue the currency, whereas households and firms use the currency. As the chartalist, or modern money approach, explains, modern governments actually spend by crediting bank accounts. It really just amounts to a keystroke, pushing a key on a computer that generates an entry on someone’s balance sheet. Government can never run out of these keystrokes.”

L. Randall Wray (1953) American economist

L. Randall Wray (2015), Why Minsky Matters: An Introduction to the Work of a Maverick Economist. p. 66

Money

“I am in the camp that believes that we are on the verge of a monetary collapse given the fact that during the last year up to 70% of the money used to pay our ongoing expenditures were moneys printed up by the Federal Reserve I mean literally out of thin air. Monetary Collapse occurs when we are printing 100% of that money going forward and all of the roll over of treasury is that 15 trillion dollars is out there in existing notes when all of those notes also get rolled over with 100% of that money being printed … that's the monetary collapse. And that’s not something that their going to announce is going to happen two weeks from Thursday that’s just gonna happen literally overnight when we have a complete melt down in the bond market. Which I’m predicting is gonna happen unless we actually balance the federal budget so this is what we are entering into is a real mutual sacrifice on the part of all of us. I would argue let’s have that mutual sacrifice as opposed to all of us having nothing which is what happens during a monetary collapse that our money ends up being worth nothing. That happened in Russia part of that was Afghanistan. We’re not immune to this. We can fix it but we need to do it now and that’s the position that I hold.”

Gary Johnson (1953) American politician, businessman, and 29th Governor of New Mexico

Statement made to representatives of the Pagan Newswire Collective (PNC)
2011-10-16
http://www.patheos.com/blogs/paganswithdisabilities/2011/10/full-transcript-of-qa-with-presidential-candidate-gary-johnson/
2012-02-24
Economic Policy

Money, Parting

“Now, we are poor people, individually, we are poor when you compare us with white society in America. We are poor. Never stop and forget that collectively, that means all of us together, collectively we are richer than all the nations in the world, with the exception of nine. Did you ever think about that? After you leave the United States, Soviet Russia, Great Britain, West Germany, France, and I could name the others, the Negro collectively is richer than most nations of the world. We have an annual income of more than thirty billion dollars a year, which is more than all of the exports of the United States, and more than the national budget of Canada. Did you know that? That's power right there, if we know how to pool it.
We don't have to argue with anybody. We don't have to curse and go around acting bad with our words. We don't need any bricks and bottles, we don't need any Molotov cocktails, we just need to go around to these stores, and to these massive industries in our country, and say, "God sent us by here, to say to you that you're not treating his children right. And we've come by here to ask you to make the first item on your agenda — fair treatment, where God's children are concerned. Now, if you are not prepared to do that, we do have an agenda that we must follow. And our agenda calls for withdrawing economic support from you."”

Martin Luther King, Jr. (1929–1968) American clergyman, activist, and leader in the American Civil Rights Movement

1960s, I've Been to the Mountaintop (1968)

God, Children, People, World

“An international system consists of a group of interacting behavior units called "nations" or "countries," to which may sometimes be added certain supra-national organizations, such as the United Nations. Each of the behavior units in the system can be described in terms of a set of "relevant variables." Just what is relevant and what is not is a matter of judgment of the system-builder, but we think of such things as states of war or peace, degrees of hostility or friendliness, alliance or enmity, arms budgets, geographic extent, friendly or hostile communications, and so on. Having defined our variables, we can then proceed to postulate certain relationships between them, sufficient to define a path for all the variables through time. Thus we might suppose, with Lewis Richardson that the rate of change of hostility of one nation toward a second depends on the level of hostility in the second and that the rate of change of hostility of the second toward the first depends on the level of hostility of the first. Then, if we start from given levels of hostility in each nation, these equations are sufficient to spell out what happens to these levels in succeeding time periods.”

Kenneth E. Boulding (1910–1993) British-American economist

Source: 1950s, National images and international systems, 1959, p. 120-121

Hostility, War, Peace, Behavior

“Thirty years of lax budget policy (the Trente Dispendieuses) marked by soaring public spending in the 1980’s, the happy-go-lucky attitude of the 1990’s and finally, a policy of procrastination in the 2000’s characterised by the development of creative budgetary marketing strategies exclusively destined to delay the (always) socially and politically painful moment of addressing the accounts.”

Éric Pichet (1960) economist

Le programme de stabilité et le pacte de responsabilité : la trajectoire des finances publiques de 2014 à 2017 http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2499496 Article in Revue de Droit Fiscal n31-35 (2014). Budgetary policy, From the Expensive 30 toe the Expensive 36, The Expensive 30

Pain, Happiness