Pete Gallego Quotes

If you don't talk about families, then it's easy to disembody subprime mortgages and asset securitization and unemployment rates without remembering that every one of those numbers is a million families.

People internalize, from the jail to student loan debt, to credit card debt, to unemployment to the whole collective. It manifests itself in many ways, in people's home lives, domestic stuff.

A recession is when a neighbor loses his job. A depression is when you lose yours. And recovery is when Jimmy Carter loses his.

You got to pick one - pay your medical bills or pay the mortgage. Most people can't do both, and I'm no different.

I didn't feel the Depression at all. I always had a pocketful of money.

Each time a high-wage job is lost, a family is turned upside down. And that affects the communities where they live.

I had been working for eight years and all I had to show for it was this horrible debt. At one point we had the bailiff at the door.

I used to boast that Whole Foods was sort of recession-proof. And obviously I've been proven wrong. So I'm not boasting about that any longer.

It's a recession when your neighbor loses his job; it's a depression when you lose yours.

In my house, it is always a scramble from paycheck to paycheck.

Bankruptcy exposes the economic vulnerability and insecurity of middle class women.

Most women file for bankruptcy in the aftermath of a serious medical problem, a job loss, or a family break up. It is hard to protect against those.

The women who file for bankruptcy played by all the rules, but they are still in economic freefall.

Going through economic hard times is something I know firsthand.

My father's money vanished in the Great Depression, and he had trouble keeping a job.

While growing up, I saw how finances can play havoc in anybody's life. While we were comfortable, money didn't come easy.

I can go back to poverty if a situation comes. I have sailed through the worst days of my life, and I am prepared for any crisis.

Money and success haven't really changed my beliefs or opinions over the years. When I was growing up, my mum and dad split when I was 13 or 14, during the early-Nineties recession. At that time, my dad went bankrupt, and it played a huge part in it all at home.

In 2010 there were a lot of folks who were still out of work. There were a lot of folks who had lost their homes or saw their home values plummet, their 401k's plummet.

The people who are filing for bankruptcy in increasing numbers every year, it's not the poorest. It's not the people at the economic fringes. It's people who worked hard and played by the rules.

Tonight, more Americans are out of work and more are working harder for less. More of you have lost your homes and even more are watching your home values plummet. More of you have cars you can't afford to drive, credit card bills you can't afford to pay, and tuition that's beyond your reach.

I was 21 and looking for work in 1932, one of the worst years of the Great Depression. And I can remember one bleak night in the thirties when my father learned on Christmas Eve that he'd lost his job. To be young in my generation was to feel that your future had been mortgaged out from under you, and that's a tragic mistake we must never allow our leaders to make again.

I felt great empathy for the thousands of Americans who lost their home because of a system that failed them.

Poverty is not a lack of character. Poverty is a lack of cash.

I grew up in a household where a missed day of work meant bills were not paid, I've lived through the stress that confronts many South Carolina families.