Charlie Munger Quotes

The way the bankers have kind of toppled the way money is distributed, and taken most of it into their own hands, is as good as Stalin or Hitler.

Greater economic power will be in the hands of too few.

The Occupy Wall Street protests are shining a national spotlight on the most powerful, dangerous and secretive economic and political force in America.

There is no way for people to vote against Goldman Sachs.

The issue which has swept down the centuries and which will have to be fought sooner or later is the people versus the banks.

When money is controlled by a few it gives that few an undue power and control over labor and the resources of the country. Labor will have its best return when the laborer can control its disposal.

Liberals are concerned about the concentration of wealth because it almost inevitably leads to a concentration of power that undermines democracy.

I have a lot of sympathy with the ideas and frustration of the Occupy movement. I absolutely agree with the sense that Wall Street has brought an economic calamity to the middle class and that no one has been held accountable.

America's corporate and political elites now form a regime of their own and they're privatizing democracy. All the benefits - the tax cuts, policies and rewards flow in one direction: up.

In large commercial cities, the money power is, I fear irresistible. It is not by open corruption that it always, or even most generally, operates.

Let us wage a moral and political war against the billionaires and corporate leaders, on Wall Street and elsewhere, whose policies and greed are destroying the middle class of America.

I think the sense of fairness in humans is very strongly developed, and that's why we react so strongly to all the bonuses received by Wall Street executives. We want to know why they deserve these benefits.

I don't think anyone went the polls and said, 'I am casting my vote to make sure that Wall Street has better chances to make bigger profits off the backs of the American people.'

The bank mania is one of the most threatening of these imitations. It is raising up a monied aristocracy in our country which has already set the government at defiance, and although forced at length to yield a little on this first essay of their strength, their principles are unyielded and unyielding.

Men in the shadow of Wall Street are not qualified to be President.

… a union of power in the same hands over industry, commerce and finance, with a resulting power over public affairs.

... the wrong and evils of the money-piling tendency of our country ... giving all power to the rich and bringing in pauperism.

As long as politics is the shadow cast on society by big business, the attenuation of the shadow will not change the substance.

It is no accident that in America today the gap between the very rich and everyone else is wider than at any time since the Gilded Age. Now, as then, the titans are seeking an even greater political voice to match their economic power. Now, as then, the inevitable danger is that they will confuse their own self-interest with the common good.

Our revenue laws have operated in many ways to the unfair advantage of the few, and they have done little to prevent an unjust concentration of wealth and economic power.

The presumed causes of Americas troubles can be summed up simply: the evils of unlimited competition, and abuses by those with economic power.

The economy will bump along, with most of us struggling to make ends meet, while the same people who nearly wrecked the economy altogether will be making more money than they can count.

They [the bankers and financiers] own the country and if they don't set the example of fighting for it, why should you?

What we're seeing now is that greed is still alive and kicking, and banks are bigger than ever.

High levels of economic inequality lead to imbalances in political power, as those at the top use their economic weight to shape our politics in ways that give them more economic power.