Funds Quotes - page 4
What is the "cost of capital" to a, firm in a world in which funds are used to acquire assets whose yields are uncertain; and in which capital can be obtained by many different media, ranging from pure debt instruments, representing money-fixed claims, to pure equity issues, giving holders only the right to a pro-rata share in the uncertain venture? This question has vexed at least three classes of economists: (1) the corporation finance specialist concerned with the techniques of financing firms so as to ensure their survival and growth; (2) the managerial economist concerned with capital budgeting; and (3) the economic theorist concerned with explaining investment behavior at both the micro and macro levels.
Merton Miller
Population regulates itself by the funds which are to employ it, and therefore always increases or diminishes with the increase or the diminution of capital. Every reduction of capital is therefore necessarily followed by a less effective demand for corn, by a fall in price, and by diminished cultivation.
David Ricardo
What has been the state of things since 1853? It is useless to blink the fact that not merely within the circle of the public departments and of Cabinets, but throughout the country at large, and within the precincts of this House-the guardians of the purse of the people-the spirit of public economy has been relaxed; charges upon the public funds of every kind have been admitted from time to time upon slight examination; every man's petition and prayer for this or that expenditure has been conceded with a facility which I do not hesitate to say you have only to continue for some five or ten years longer in order to bring the finances of the country into a state of absolute confusion.
William Ewart Gladstone
I know what Dan Quayle means when he says it's best for children to have two parents. You bet it is! And it would be nice for them to have trust funds, too. We can't all be born rich and handsome and lucky. And that's why we have a Democratic Party. My family would still be isolated and destitute if we had not had F. D. R.'s Democratic brand of government. I made it because Franklin Delano Roosevelt energized this nation. I made it because Harry Truman fought for working families like mine. I made it because John Kennedy's rising tide lifted even our tiny boat. I made it because Lyndon Johnson showed America that people who were born poor didn't have to die poor. And I made it because a man with whom I served in the Georgia Senate, a man named Jimmy Carter, brought honesty and decency and integrity to public service.
Zell Miller
Are we making more mistakes now? I don't think so. Science is a high-risk activity. And when you do science-this is very important incidentally for the general public, and for policy makers-if you are not wasting some of your money, you are not doing good science. It's a funny way to say this. You've got to back high-risk opportunities. And high-risk opportunities means some fraction of them are going to fail. And I think in any science funding scenario, you've got to say, 10, 20, maybe even 30% of your funds are going to be invested in failures.
Leon M. Lederman
What is the "cost of capital" to a, firm in a world in which funds are used to acquire assets whose yields are uncertain; and in which capital can be obtained by many different media, ranging from pure debt instruments, representing money-fixed claims, to pure equity issues, giving holders only the right to a pro-rata share in the uncertain venture? This question has vexed at least three classes of economists: (1) the corporation finance specialist concerned with the techniques of financing firms so as to ensure their survival and growth; (2) the managerial economist concerned with capital budgeting; and (3) the economic theorist concerned with explaining investment behavior at both the micro and macro levels.
Franco Modigliani
At the beginning of World War II the U. S. had a mere 600 or so first-class fighting aircraft. We rapidly overcame this short supply by turning out more than 90,000 planes a year. The question at the start of World War II was: Do we have enough funds to produce the required implements of war? The answer was No, we did not have enough money, nor did we have enough gold; but we did have more than enough resources. It was the available resources that enabled the US to achieve the high production and efficiency required to win the war. Unfortunately this is only considered in times of war.
Jacque Fresco
What, for instance, induced me, when so far distant from my country, voluntarily to devote myself to her cause? Her commerce? I neither knew nor cared any thing about it. Her funds? I was so happy as hardly to understand the meaning of the word. Her lands? I could, alas! lay claim to nothing but the graves of my parents.-What, then, was the stimulus? What was I proud of? It was the name and fame of England. Her laws, her liberties, her justice, her might; all the qualities and circumstances that had given her renown in the world, but above all her deeds in arms, her military glory.
William Cobbett
We assume...that the banking system must be prepared to expand (or contract) the total supply of money to the extent necessary to prevent any scarcity (or plenty) of funds in the capital market which may be induced by any other disturbing factor, from causing a rise (or fall) in interest rates.
James Meade
In the reckless phrase of the confirmed joiner in the fight for whatever relief oppressed humanity was fighting for, I had volunteered "to be useful wherever and however I could best serve," and was drafted into a Communist outfit all unknowing; this no doubt because my name was on the list of contributors to funds in aid of Sacco and Vanzetti for several years. Even from Mexico, I sent what bits of money I could, when I could, to whatever group solicited at the moment: I never inquired as to the shades of political belief because that was not what was important to me in that cause, which concerned common humanity.
Katherine Anne Porter
It is important to remove artificial barriers–stumbling stones, often local in origin and coming from incumbent opposition to entry–and to not burden businesses with taxes that reduce their internally generated funds for reinvestment, growth and striving to overcome market challenges.
Vernon L. Smith
Two of Chicago's four city pension funds will be bankrupt within a few years, according to Chicago Mayor Rahm Emanuel. You'd think that's a scenario unions – the supposed champions for public-employee retirements – would want to avoid.
But not in Chicago. Unions are fighting to block any kind of pension reform, effectively locking in bankruptcy for city-employee pension systems.
Rahm Emanuel
[in a British accent] Oh, they're so royal! We're lucky to have them coming here. But the rabble undoubtedly will be violent. Scum protesters– Oh, these insane people imagining the helicopters landing and the troops– these insane schizophrenics have come to town. The rabble– I'm so glad– thank God we're elite enough to have them though. I'm so honored. [switches to Cockney accent] Get back there mate! I'll have to have you arrested and have you deported! We're protecting criminals inside, busy stealing our pension funds and overrunning the country with third world populations. Now get back, you Yankee scum! HA HA! To show you the power of the Royal Guard Brigade! And this is the scotch we've been coughing down! Look at that pumpkin-headed Yank! That's the one, Alex Jones! I want you to know, young man, we will be watching you continually while we protect the Transhumanists putting cancer viruses in our children's shots!
Alex Jones
I strongly believe that a small Jewish clique which has contempt for the mass of Jewish people worked with non-Jews to create the First World War, the Russian Revolution, and the Second World War. This Jewish/non-Jewish Elite used the First World War to secure the Balfour Declaration and the principle of the Jewish State of Israel (for which, given the genetic history of most Jewish people, there is absolutely no justification on historical grounds or any other). They then dominated the Versailles Peace Conference and created the circumstances which made the Second World War inevitable. They financed Hitler to power in 1933 and made the funds available for his rearmament.
David Icke
The issuance of this guaranteed currency promoted the profession and operations of finance. The older Romans used temples as their banks, as we use banks as our temples; and the state continued to the end to use its strongly built shrines as repositories for public funds, perhaps on the theory that religious scruples would help discourage robbery.
Will Durant