Quotes 1 till 17 of 17.
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And we can see the positive impacts right here at Solyndra. Less than a year ago, we were standing on what was an empty lot.But through the Recovery Act, this company received a loan to expand its operations. This new factory is the result of those loans.
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At a time when going to college has never been more important, it's never been more expensive, and our nation's families haven't been in this kind of financial duress since the great depression. And so what we have is just sort of a miraculous opportunity simply by stopping the subsidy to banks when we already have the risk of loans. We can plow those savings into our students. And we can make college dramatically more affordable, tens of billions of dollars over the next decade.
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Banks will have to win the confidence of their customers through fair dealing, making good loans, and remaining financially healthy.
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Ending up-front fees should make it far easier for all students to go to university as they will no longer have to pay up to /1,125 out of their loans at the start of each year. Student loans will also rise to meet average living costs.
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Even President Bush has cited the need to outlaw the practice of corporations making loans to their officers. Strangely enough, when the President was a corporate officer, he took out several loans from the company.
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Every regulatory speech on derivatives takes a bow to their hedging 'benefits.' Less publicly, regulators pay their respects to derivative profits, a blessed relief from the banks' troubled loans to less-developed countries, highly leveraged companies, and real estate swingers.
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From the lottery to raise the funds for the founding of Jamestown, Virginia, in 1607 to the lottery used to pay the interest on Dutch loans to the United States during the Revolutionary War, the development of the United States was funded by gambling.
The Poker Face of Wall Street (2006) Ch. 4 -
In our modern world of interdependent nations, hardly any state can wage war successfully without raising loans and buying war materials of every kind in the markets of other nations.
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Like any young person who gets into a political campaign, I joined out of a highfalutin' desire to change the world. But you start to see the sort of tactics people use. You start to see politics not only in the macro but in the micro of the campaign itself. Some people get turned off by this side of it. Other people are drawn to it.
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Micro-finance is a wonderful opportunity for businesses. By investing a small portion of their income in micro-finance projects, they not only take an active part in business ethics, but they also gain future business partners and consumers.
International Business and Leadership Symposium address -
Poorer students take out larger loans and will have to contribute more to the cost of higher education.
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The Federal Reserve needs to provide small businesses in America with the same low-interest loans it gave to foreign banks.
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The higher amount you put into higher education, at the federal level particularly, the more the price of higher education rises. It's the dog that never catches its tail. You increase student loans, you increase grants, you increase Pell grants, Stafford loans, and what happens? They raise the price.
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The most powerful tool to lift families out of extreme poverty is to grant micro-loans to women.
International Business and Leadership Symposium address -
The People's Republic of China has not yet reached the military might of the Soviet Empire. It requires a little more time and a little more infusion of Western aid, loans, technology and the hard currency of our tourists.
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We build schools and give government loans and grants to college kids; for those of us who are parents, tuition will often be the last big subsidy we give the children we've raised.
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What Wall Street and credit card companies are doing is really not much different from what gangsters and loan sharks do who make predatory loans. While the bankers wear three-piece suits and don't break the knee caps of those who can't pay back, they still are destroying people's lives.
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