Kevin O'Leary Quotes

A public debt is a kind of anchor in the storm; but if the anchor be too heavy for the vessel, she will be sunk by that very weight which was intended for her preservation.

I mean, I'm a conservative. I believe that, you know, if you borrow too much, you just build up debts for your children to pay off. You put pressure on interest rates. You put at risk your economy. That's the case in Britain. We're not a reserve currency, so we need to get on and deal with this issue.

I think if we can get people focused to do what we need to do to keep our kids from being stuck with this debt that they didn't accrue, you might be surprised at how far we can move this conversation.

A nation is not in danger of financial disaster merely because it owes itself money.

The burden of the national debt consists not in its being so many millions, or so many hundred millions, but in the quantity of taxes collected every year to pay the interest. If this quantity continue the same, the burden of the national debt is the same to all intents and purposes, be the capital more or less.

I refuse to leave our children with a debt that they cannot repay.

Everyone in our society has had to make a contribution towards dealing with the debts.

You know, Hoosiers recognize pork when we see it. And they recognize what bailing out every failing business in America means - We're burying generations under a mountain range of debt.

One needs a comprehensive concept that decides just how much debt states like Greece, Ireland, Portugal, Spain and Italy can sustainably bear.

The Government has to stop borrowing as much money; if we don't, quite frankly New Zealand will be downgraded and interest rates will go up for all New Zealanders.

If you owe the bank $100 that's your problem. If you owe the bank $100 million, that's the bank's problem.

Plus, 40% of our debt is owned by foreign interest. I can't support a plan that passes along cost burden to our children and makes us more reliant on foreign dollars.

We cannot allow the heavy weight of the debt to bring us to our knees..

We have spent years robbing Peter to pay Paul until now Paul is also broke.

We borrowed money to fight the Revolutionary War, and so there was a debt owed. We paid it. If we have done that for 235 years, if we have done it ever since this country has existed, we can do it again.

Nobody wants the United States to default on its debt. Nobody. But, at some point in time, we've got to address the fiscal woes of this nation.

One of the cruellest things of all is to have a huge deficit in this country, meaning that everyone's children will be expected to pay back for our debt today. That is unfair as well.

There is a big problem. The problem is the country borrowed too much. We went on a borrowing binge, there was a housing boom. You want to help people de-leverage and deal with those debts over time.

The American people care about the fact that we have $17 trillion in debt and 10 percent of every tax dollar that's coming in is going to pay for past overspending.

A public debt is a public curse.

The greatest threat to our national security is our debt. We borrow a million dollars a minute.

That is to say, under the old way any time we wish to add to the national wealth we are compelled to add to the national debt. Now, that is what Henry Ford wants to prevent. He thinks it is stupid, and so do I, that for the loan of $30,000,000 of their own money the people of the United States should be compelled to pay $66,000,000 - that is what it amounts to, with interest.

I regret, as much as any member, the unavoidable weight and duration of the burdens to be imposed; having never been a proselyte to the doctrine, that public debts are public benefits. I consider them, on the contrary, as evils which ought to be removed as fast as honor and justice will permit.

If you owe the bank $10,000 you have a problem. If you owe the bank $10,000,000 they have a problem. After all is said and done, more is said than done. Government does not solve problems; it subsidizes them.

We are borrowing $40,000 per second.