Quotes About The Insolvency

#1. The failure to endow Treasury and the Fed with the authority to deal with the insolvency of a nonbank financial institution was the single most important policy failure of the crisis.

Barry Eichengreen

#2. We have been in recess since July, and during that time there have been a fuel crisis, a Danish no vote, the collapse of the Euro and a war in the middle east, but what is our business tomorrow? The Insolvency Bill [Lords]. It ought be called the Bankruptcy Bill [Commons], because we play no role.

Tony Benn

#3. What you have in legacy countries is long-term insolvency.

Paul Singer

#4. We have now an American political party and a European one. Not all Americans who vote for the European party want to become Europeans. But it doesn't matter because that's what they're voting for. They're voting for dependency, for lack of ambition, and for insolvency.

Harvey Mansfield

#5. It was evident from the general tone of the whole party, that they had come to regard insolvency as the normal state of mankind, and the payment of debts as a disease that occasionally broke out.

Charles Dickens

#6. Amnesty will not help balance our budget ... In fact, a large-scale amnesty is likely to add trillions of dollars to the debt over time, accelerate Medicare's and Social Security's slide into insolvency and put enormous strain on our public-assistance programs.

Jeff Sessions

#7. Social Security and Medicare are necessary safety nets, but they are nearing insolvency as fewer pay in, more take out, and more take out more.

Mark McKinnon

#8. The worst bankruptcy in the world is the person who has lost his enthusiasm.

William Howard Arnold

#9. Breach of promise is no less an act of insolvency than a refusal to pay one's debt.

Mahatma Gandhi

#10. The entitlement state has driven us into insolvency.

Joe Miller

#11. No one can reasonably deny that Medicare is headed for insolvency, and that Medicare's insolvency, if not rectified, will lead to the federal government's insolvency.

David Limbaugh

#12. The dearth of business activity on the traditional day of rest makes Sunday an ideal time to declare insolvency. Bankruptcy petitions are time-stamped to the minute, instantly dividing a failed company's dealings into pre-bankruptcy transactions and post-bankruptcy transactions.

Brendan I. Koerner

#13. Man's Reason is in such deep insolvency to sense,that tho' she guide his highest flight heav'nward, and teach himdignity morals manners and human comfort,she can delicatly and dangerously bedizenthe rioting joys that fringe the sad pathways of Hell.

Robert Bridges