"These capitalists generally act harmoniously and in..." - Quote by Abraham Lincoln
These capitalists generally act harmoniously and in concert to fleece the people, and now that they have got into a quarrel with themselves, we are called upon to appropriate the people's money to settle the quarrel.
More by Abraham Lincoln
More on Capitalism
“Ours is a system of corporate socialism, where companies capitalize their profits and socialize their losses…in effect, they tax you for their accidents, bungling, boondoggles, and mismanagement, just like a government. We should be able to deselect them.”
“Capitalism is being attacked not because it is inefficient or misgoverned but because it is cynical. And indeed a society based on the assertion that private vices become public benefits cannot endure, no matter how impeccable its logic, no matter how great its benefits.”
“It is a socialist idea that making profits is a vice; I consider the real vice is making losses.”
More on Finance
“It is better to be a lender than a spender.”
“No one pushed harder than Congressman Barney Frank to force banks and other financial institutions to reduce their mortgage lending standards, in order to meet government-set goals for more home ownership. Those lower mortgage lending standards are at the heart of the increased riskiness of the mortgage market and of the collapse of Wall Street securities based on those risky mortgages.”
“You have to make the shift from being a consumer in the economy to becoming an owner-and you do it by becoming an investor.”