Credit Quotes - Famous Credit Quotes, Sayings about Credit

P

peaceoneday

Hi everyone, I thought you guys may like these famous quotes.
Anyone have any others we can add



The most important thing for a young man is to establish credit - a reputation and character.
John D. Rockefeller........:|

It is only the poor who pay cash, and that not from virtue, but because they are refused credit.
Anatole France

Remember that credit is money
Benjamin Franklin

Money is a poor man's credit card.
Marshal McLuhan

The rich are different from you and me because they have more credit.
John Leonard

Creditor. One of a tribe of savages dwelling beyond the Financial Straits and dreaded for their desolating incursions.
Ambrose Bierce

Never call an accountant a credit to his profession; a good accountant is a debit to his profession.
Sir Charles Lyell

The creditor hath a better memory than the debtor.
James Howell

The more credit you give away, the more will come back to you. The more you help others, the more they will want to help you.
Brian Tracy

A check or credit card, a Gucci bag strap, anything of value will do. Give as you live.
Jesse Jackson

Modern man drives a mortgaged car over a bond-financed highway on credit-card gas.
Earl Wilson

He that sells upon Credit, expects to lose 5 per Cent. by bad Debts; therefore he charges, on all he sells upon Credit, an Advance that shall make up that Deficiency.
Benjamin Franklin

People may live as much retired from the world as they like, but sooner or later they find themselves debtor or creditor to some one.
Johann Wolfgang Von Goethe

Friendship, like credit, is highest when it is not used.
Elbert Hubbard

No young man starting in life could have better capital than plenty of friends. They will strengthen his credit, support him in every great effort, and make him what, unaided, he could never be. Friends of the right sort will help him more - to be happy and successful - than much money.
Orison Swett Marden

People who don't vote have no line of credit with people who are elected and thus pose no threat to those who act against our interests.
Marian Wright Edelman

The modern banking system manufactures money out of nothing. The process is perhaps the most astounding piece of sleight-of-hand that was ever invented. Banking was conceived in inequity and born in sin... But if you want to continue to be slaves of the bankers and pay the cost of your own slavery, then let the bankers continue to create money and control credit.
Josiah Charles Stamp

I hate this shallow Americanism which hopes to get rich by credit, to get knowledge by raps on midnight tables, to learn the economy of the mind by phrenology, or skill without study, or mastery without apprenticeship.
Ralph Waldo Emerson

Great discoveries and improvements invariably involve the cooperation of many minds. I may be given credit for having blazed the trail, but when I look at the subsequent developments I feel the credit is due to others rather than to myself.
Alexander Graham Bell

A good leader takes a little more than his share of the blame, a little less than his share of the credit.
Arnold H. Glasgow

The way to get things done is not to mind who gets the credit for doing them.
Benjamin Jowlett

The world is divided into people who do things and people who get the credit.
Dwight Whitney Morrow

No man's credit is ever as good as his money.
Edgar Watson Howe

We always take credit for the good and attribute the bad to fortune.
Jean De La Fontaine

Bankruptcy is a legal proceeding in which you put your money in your pants pocket and give your coat to your creditors.
Joey Adams

The fundamental defect with fathers is that they want their children to be a credit to them.
Bertrand Russell

It stands to the everlasting credit of science that by acting on the human mind it has overcome man's insecurity before himself and before nature.
Albert Einstein

No person will make a great business who wants to do it all himself or get all the credit.
Andrew Carnegie

Truth will lose its credit, if delivered by a person that has none.
Bishop Robert South

If you want to give a man credit, put it in writing. If you want to give him hell, do it on the phone.
Charles Beacham

There is nothing less to our credit than our neglect of the foreigner and his children, unless it be the arrogance most of us betray when we set out to 'Americanize' him.
Charles Horton Cooley

You must accept responsibility for your actions, but not the credit for your achievements.
Denis Waitley

Any party which takes credit for the rain must not be surprised if its opponents blame it for the drought.
Dwight Whitney Morrow

Our own theological Church, as we know, has scorned and vilified the body till it has seemed almost a reproach and a shame to have one, yet at the same time has credited it with power to drag the soul to perdition.
Eliza Farnham

In the beginning, I wanted to enter what was essentially a man's field. I wanted to prove I could do it. Then I found that when I did as well as the men in the field I got more credit for my work because I am a woman, which seems unfair.
Eugenie Clark

We credit scarcely any persons with good sense except those who are of our opinion.
Francois De La Rochefoucauld

People give us credit only for what we ourselves believe.
Karl Gutzkow

When women love us, they forgive us everything, even our crimes; when they do not love us, they give us credit for nothing, not even out virtues.
Honore De Balzac

Men are sent into the world with bills of credit, and seldom draw to their full extent.
Horace Walpole

Credit is like a looking-glass, which when once sullied by a breath, may be wiped clear again; but if once cracked can never be repaired.
Sir Walter Scott

When you are younger you get blamed for crimes you never committed and when you're older you begin to get credit for virtues you never possessed. It evens itself out.
I. F. Stone
 

oldeagleeye

Free Member
Jul 16, 2008
4,001
1,210
Essex
Slightly off thread rumour was that when Robert Maxwell disappeared and was then presumed dead that Al Fayed raided his safety deposit box at Harrods and finding it empty big Al was seen striding up and down his office [deleted] murmering to himself. " Now where [ deleted] did that bloody conman hide his millions.

Nearer to the credit theme. Richard Branson once asked Freedie Laker (Later Sir Freedie) what he should do if the big airline cartels played the same dirty tricks in him as they did on Sir Freedie with his Skytrain. Freedie's reply was simply "Sue the Bast----s". Later Branson was to do just that when BA refused any credit on servicing Virgin planes and trying to nick their client base. Branson won the case with an out of court settlement.

Rob
 
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Debtbuster

Free Member
Jun 18, 2008
42
1
The few who understand the system will, either be so interested in its profits or so dependant on its favours, that there will be no opposition from that class.While on the other hand, the great body of people, mentally incapable of comprehending the tremendous advantages...will bear its burden without complaint, and perhaps without suspecting that the system is detrimental to their best interests. Rothschild Brothers

It is well that the people of the nation do not understand our banking system, for if they did, I believe there would be a revolution before tomorrow morning
Henry Ford

Give me control of a nation's money, and I care not who makes her laws"
Meyer Rothschild

A good explanation of how the banks create money out of nothing is explained in the video
http://video.google.com/videoplay?docid=-9050474362583451279




 
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fathippy

Free Member
Jul 17, 2008
607
94
I find this one quite amusing and perceptive - also translates across most countries.

The Tax System Explained: Bar Stool Economics

Suppose that every day, ten men go out for beer and the bill for all ten comes to $100. If they paid their bill the way we pay our taxes, it would go something like this:

The first four men (the poorest) would pay nothing.
The fifth would pay $1.
The sixth would pay $3.
The seventh would pay $7.
The eighth would pay $12.
The ninth would pay $18.
The tenth man (the richest) would pay $59.

So, that's what they decided to do.
The ten men drank in the bar every day and seemed quite happy with the arrangement, until one day, the owner threw them a curve. 'Since you are all such good customers,' he said, 'I'm going to reduce the cost of your daily beer by $20.' Drinks for the ten now cost just $80.
The group still wanted to pay their bill the way we pay our taxes so the first four men were unaffected. They would still drink for free.
But what about the other six men - the paying customers? How could they divide the $20 windfall so that everyone would get his 'fair share?'
They realized that $20 divided by six is $3.33. But if they subtracted that from everybody's share, then the fifth man and the sixth man would each end up being paid to drink his beer.
So, the bar owner suggested that it would be fair to reduce each man's bill by roughly the same amount, and he proceeded to work out the amounts each should pay.

And so:
The fifth man, like the first four, now paid nothing (100% savings).
The sixth now paid $2 instead of $3 (33%savings).
The seventh now pay $5 instead of $7 (28%savings).
The eighth now paid $9 instead of $12 (25% savings).
The ninth now paid $14 instead of $18 (22% savings).
The tenth now paid $49 instead of $59 (16% savings).

Each of the six was better off than before. And the first four continued to drink for free. But once outside the restaurant, the men began to compare their savings.
'I only got a dollar out of the $20,'declared the sixth man. He pointed to the tenth man,' but he got $10!'
'Yeah, that's right,' exclaimed the fifth man. 'I only saved a dollar, too.
It's unfair that he got ten times more than I got' 'That's true!!' shouted the seventh man. 'Why should he get $10 back when I got only two? The wealthy get all the breaks!'
'Wait a minute,' yelled the first four men in unison. 'We didn't get anything at all. The system exploits the poor!'
The nine men surrounded the tenth and beat him up.
The next night the tenth man didn't show up for drinks so the nine sat down and had beers without him. But when it came time to pay the bill, they discovered something important. They didn't have enough money between all of them for even half of the bill!
And that, ladies and gentlemen, journalists and college professors, is how our tax system works. The people who pay the highest taxes get the most benefit from a tax reduction. Tax them too much, attack them for being wealthy, and they just may not show up anymore. In fact, they might start drinking overseas where the atmosphere is somewhat friendlier.

David R. Kamerschen, Ph.D.
Professor of Economics
University of Georgia

For those who understand, no explanation is needed.
For those who do not understand, no explanation is possible.
 
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