Michael Hudson on mean
“When you say “paying the banks,” what they really mean is paying the bank bondholders. They are basically the One Percent.”
More Michael Hudson quotes
There are two definitions of deflation. Most people think of it simply as prices going down. But debt deflation is what happens when people have to spend more and more of their income to carry the debts that they’ve run up – to pay their mortgage debt, to pay the credit card debt, to pay student loans.
Michael HudsonMichael Hudson I didn’t really care if I had a coach that much, me personally, because I was brought up to think for myself.
Billie Jean KingBillie Jean King Seventy-eight percent of millennials are worried about not having enough good paying job opportunity to pay off their student loans. Seventy-four percent can’t pay the health care if they get sick.
Michael HudsonMichael Hudson People are putting their money into treasuries because they worry that the risk of putting their money into the bond market, the stock market or even the money markets is very high.
Michael HudsonMichael Hudson We know smoking tobacco is not good for kids, but a lot of other things aren’t good. Drinking’s not good. Some would say milk’s not good.
Bob DoleBob Dole I think the less fracking there is, the better it is for the economy and society.
Michael HudsonMichael Hudson To ask a politician to lead us is to ask the tail of a dog to lead the dog.
R. Buckminster FullerR. Buckminster Fuller When we say “people worry” about inflation, it’s mainly bondholders that worry. The labor force benefitted from the inflation of the ’50s, ’60s and ’70s.
Michael HudsonMichael Hudson I’m always being inspired .
Boy GeorgeBoy George To save the banks, you would have to turn the entire Eurozone into Greece.
Michael HudsonMichael Hudson If you have the right to call me a hot dog why do I not have the right to call you a stale 3-day old hamburger?
Oscar de la RentaOscar de la Renta I think we’re in the take-the-money-and-run stage of the economy. So the banks may go under, but the bankers, who make the policy, clean up.
Michael HudsonMichael Hudson Political activity alone cannot make a man free. Back of the ballot, he must have property, industry, skill, economy, intelligence, and character.
Booker T. WashingtonBooker T. Washington I want to get out there. I want to show myself.
Bonnie CaninoBonnie Canino I like the big bombastic singers, but I’m also very drawn to what I call character singers.
Boy GeorgeBoy George I’ve tried to stay true to myself this whole entire time, and I think I’ve represented myself as creatively as I could with what I got on the show.
Blake LewisBlake Lewis
