Bankruptcy Quotes
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In my very first term there was an issue that brought us [George Mitchell, Ted Kennedy, Chris Dodd] together in a very deep, emotional, and personal level.It was called 'spousal impoverishment' and it meant that for one person [to go into] a nursing home, the family [ ], could go near bankruptcy, and then they'd end up with a lien on the family farm or the home. And so I wanted to change that.
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Medical debts are the number-one cause of bankruptcy in America.
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It is said that the world is in a state of bankruptcy, that the world owes the world more than the world can pay.
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Saving New York City from bankruptcy is like making love to a gorilla. You don't stop when you're tired; you stop when he's tired.
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A Fed loan to Lehman Brothers would not have prevented a bankruptcy.
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I still have access to enough money to live on in order to avoid bankruptcy for at least a few years as long as I stick to my budget Still, there's no amount of money in the world that makes one feel content with having no self respect. There's no amount of money that makes you feel better when people think of you as a joke or a hack or a failure or ugly or stupid or morally empty.
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Fools gain greater advantages through their weakness than intelligent men through their strength. We watch a great man struggling against fate and we do not lift a finger to help him. But we patronize a grocer who is headed for bankruptcy.
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History teaches us that the capacity of things to get worse is limitless. Roman history suggests that the short, happy life of the American republic may be coming to its end... the US will probably maintain a facade of constitutional government and drift along until financial bankruptcy overtakes it.
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A great love is a credit opened in favor of a power so consuming that the moment of bankruptcy must inevitably occur.
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Lastly, there is bankruptcy, as the United States pours its economic resources into ever more grandiose military projects and shortchanges the education, health, and safety of its citizens.
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Capitalism without Bankruptcy is like Catholicism without Hell.
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A noted cancer specialist in Boston said he believed that if some simple and inexpensive replacement for Chemotherapy for the treatment of cancer were found tomorrow, all US medical schools would teeter on the verge of bankruptcy, so integral a part of their hospital revenues is oncology, the medical specialty of cancer treatment.
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We invest in undervalued companies that exhibit strong fundamentals, above-market dividend yields and historic earnings growth, which our analysis indicates will persist. Our strategy is to own strong, fundamentally sound companies and to avoid speculative stocks or potential bankruptcies.
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The heritage of the American Revolution is forgotten, and the American government, for better and for worse, has entered into theheritage of Europe as though it were its patrimony--unaware, alas, of the fact that Europe's declining power was preceded and accompanied by political bankruptcy, the bankruptcy of the nation-state and its concept of sovereignty.
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To answer brutality with brutality is to admit one's moral and intellectual bankruptcy.
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Bankruptcy cleans out the system. What’s wrong with that? South Korea went through this in the late 1990s. They didn’t have anyone to bail them out, and they had to go through the pain. Sweden did it in the early 1990s. Mexico did it. Russia did it. The list goes on and on. Competent people take over the assets from incompetent people and rebuild from a solid base. Business has always been survival of the fittest and Darwinism at its best. After all, this is what capitalism is all about.
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However, the economics of our business continued to deteriorate. We barely escaped bankruptcy a year ago, and in the aftermath of that escape we had to make some even tougher decisions.
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If there were such a thing as Chapter 11 for politicians, the Republican push to extend the unaffordable Bush tax cuts would amount to a bankruptcy filing.
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Unlimited activity, of whatever kind, must end in bankruptcy.
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The worst bankruptcy in the world is the person who has lost his enthusiasm.
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Winter is not an end. It is in transit. It is headed to bankruptcy. The sheriff will sell its stock for what he can get and an ice man will be the only bidder at the sale.
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Anybody who knows about capitalism knows that bankruptcy is an essential part of capitalism.
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Even if the government spends itself into bankruptcy and the economy still does not recover, Keynesians can always say that it would have worked if only the government had spent more.
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Power ... was the coin of the Washington realm and, without it, you might as well file for bankruptcy.
