"People have to pay so much money to the banks that they don't have enough money to buy the goods and services they produce. So there's not much new investment, there's not new employment (except minimum-wage "service" jobs), markets are shrinking, and people are defaulting. So many companies can't pay their banks."

--

Source : Source: www.counterpunch.org

Michael Hudson

#Jobs Quotes #People Quotes #Shrinking Quotes

“I spent 25 years as a stand-up comedian.”

Source : "'Breaking Bad's' Gomez on 'Ozymandias': At Least 'I Didn't Get Melted in Acid' (Q&A)". Interview with Aaron Couch, www.hollywoodreporter.com. September 16, 2013.
“It is surmounting difficulties that makes heroes.”
“I know that, in hockey, the object of the game is simple in that you have to get the puck into the net. With figure skating, it's not as simple, and there is a ton of work that goes into it.”
“The eye with which I see God is the same eye with which God sees me.”
“If you keep working you'll last longer. I'd hate to spend the rest of my life trying to outwit an 18-inch fish.”
“[We need not think] that there is any Contradiction, when Philosophy teaches that to be done by Nature; which Religion, and the Sacred Scriptures, teach us to be done by God: no more, than to say, That the balance of a Watch is moved by the next Wheel, is to deny that Wheel, and the rest, to be moved by the Spring; and that both the Spring, and all the other Parts, are caused to move together by the Maker of them. So God may be truly the Cause of This Effect, although a Thousand other Causes should be supposed to intervene: For all Nature is as one Great Engine, made by, and held in His Hand.”

Source : Nehemiah Grew (1965). “The Anatomy of Plants: With An Idea of a Philosophical History of Plants and Several Other Lectures Read Before the Royal Society”
“I think Detroit would do real well if we started repopulating it with young, aspirational people.”
“The problem is that the atmosphere does not yet exist in which honest police officers can act without fear of ridicule or reprisal from fellow officers.”

Source : "The Return of Frank Serpico". Frank Serpico's speech before the New York Knapp Commission on police corruption and other misconduct, www.villagevoice.com. October 1971.

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