Benjamin Franklin Quotes

Some have been ensnared in the net of excessive debt. The net of interest holds them fast, requiring them to sell their time and energies to meet the demands of creditors. They surrender their freedom, becoming slaves to their own extravagance.

So we make this big loan, most of it comes back to the United States, the country is left with the debt plus lots of interest, and they basically become our servants, our slaves. It's an empire. There's no two ways about it. It's a huge empire. It's been extremely successful.

We are completely saddled and bridled, and... the bank is so firmly mounted on us that we must go where it will guide.

When you get in debt you become a slave.

Debt rolls a man over and over, binding him hand and foot, and letting him hang upon the fatal mesh until the long-legged interest devours him.

Debt is like any other trap, easy enough to get into, but hard enough to get out of.

Once in debt, interest is your companion every minute of the day and night; you cannot shun it or slip away from it; you cannot dismiss it; it yields neither to entreaties, demands, or orders; and whenever you get in its way or cross its course or fail to meet its demands, it crushes you.

Both on an individual and a national scale, debt imprisons.

Debt, n. An ingenious substitute for the chain and whip of the slavedriver.

But if you want to continue to be slaves of the banks and pay the cost of your own slavery, then let bankers continue to create money and control credit.

The rich rules over the poor, and the borrower is servant to the lender

Debt is more of a problem for Blacks than racism. Being in debt is being in slavery.

Banking was conceived in iniquity and was born in sin. The Bankers own the earth. Take it away from them, but leave them the power to create deposits, and with the flick of the pen they will create enough deposits to buy it back again. However, take it away from them, and all the great fortunes like mine will disappear and they ought to disappear, for this would be a happier and better world to live in. But, if you wish to remain the slaves of Bankers and pay the cost of your own slavery, let them continue to create deposits

Debt is the slavery of the free.

The decision to go into debt alters the course and condition of your life. You no longer own it. You are owned.

Profuseness is a cruel and crafty demon, that gradually involves her followers in dependence and debt; that is, fetters them with irons that enter into their souls.

Not everyone is a debtor who wishes to be; not everyone who wishes makes creditors.

Debt never sleeps nor sickens nor dies; it never goes to the hospital; it works on Sundays and holidays; it never takes a vacation...it is never laid off work...it buys no food; it wears no clothes; it is unhoused... it has neither weddings nor births nor deaths; it has no love, no sympathy; it is as hard and soulless as a granite cliff. Once in debt, it is your companion every minute of the day and night; you cannot shun it or slip away from it; you cannot dismiss it...and whenever you get in its way or cross its course or fail to meet its demands, it crushes you.

Debt is a trap which man sets and baits himself, and then deliberately gets into.

DEBT, n. An ingenious substitute for the chain and whip of the slave-driver. As, pent in an aquarium, the troutlet Swims round and round his tank to find an outlet, Pressing his nose against the glass that holds him, Nor ever sees the prison that enfolds him; So the poor debtor, seeing naught around him, Yet feels the narrow limits that impound him, Grieves at his debt and studies to evade it, And finds at last he might as well have paid it.

When debtors once have borrowed all we have to lend, they are very apt to grow shy of their creditors' company.

We are a debtor nation, and we owe now $19 trillion and it's going to go up very fast by the way from this point.

You're nothing in America if you don't have debt.

Base is the slave that pays.

The world's largest debtor is a distinction of sorts, but not the one we like having.