Debt Cancellation Quotes

If any one owe a debt for a loan, and a storm prostrates the grain, or the harvest fail, or the grain does not grow for lack of water; in that year he need not give his creditor any grain, he washes his debt-tablet in water and pays no rent for this year.

We are living, once again, at a time of extraordinary political engagements. Politics is a mass obsession. Progressive movements are growing and resisting with tremendous courage. And yet, we know from history that "no" is not enough. Now, there are some "yeses" out there that are emerging. And they're actually getting a lot bolder quickly. Where climate activists used to talk about changing light bulbs, now we're pushing for 100 percent of our energy to come from the sun, wind and waves, and to do it fast. Movements catalyzed by police violence against black bodies are calling for an end to militarized police, mass incarceration and even for reparations for slavery. Students are not just opposing tuition increases, but from Chile to Canada to the UK, they are calling for free tuition and debt cancellation. And yet, this still doesn't add up to the kind of holistic and universalist vision of a different world than our predecessors had. So why is that?

The debt austerity would not be problems if we had technological progress. If you doubled the debt in the U.S., and the size of the economy doubled because of technological progress and growth, the two would roughly cancel out and it would all be a totally manageable situation.

He that dies pays all debts.

I have been working for Africans since I was 18, when I got involved with the Nelson Mandela concerts. I got involved with debt cancellation because Desmond Tutu demanded that the world respond to that situation.

The debts are unaffordable. If they won't cancel the debts I would suggest obstruction; you do it yourselves.

The inflated imitations of gold and silver, which after the rapture are thrown into the fire, all is exhausted and dissipated by the debt. All scrips and bonds are wiped out. At the fourth pillar dedicated to Saturn, split by earthquake and flood: vexing everyone, an urn of gold is found and then restored.

The model for our early bankruptcy laws was Deuteronomy, the idea that, under certain circumstances - in Deuteronomy, it is simply the passage of seven years' time - people are released from debt, simply because they are released from debt. No more debt. You start over again. This has been a very powerful model in this country. It's being destroyed now. People talk about how much new employment, new wealth, and so on are continuously generated in this country.

The Occupy Wall Street collective is confused about what it wants but it wants it now! Some of the loonier demands from its independent thinkers: Striking all existing public and private debt from the books across the "entire planet"; elimination of all international borders; free college education; a guaranteed "living wage" for all regardless of employment; an end to free trade; trillions in additional spending for infrastructure and ecological restoration; and ending the fossil fuel economy.

When you forgive, you must cancel the debt. Do not spend your life paying and collecting debts.

When Uganda got debt relief in 1999, the first item President Museveni bought was a presidential jacket for himself.

If there is anyone to whom I owe money, I'm prepared to forget it if they are.

As president I will push for national student loan forgiveness.

Countries that need monies so that they can provide health care and education and shelter to their people shouldn't have to repay debts that we knowingly lent to bad regimes long since gone; and all illegitimate debts - debts lent to these terrible dictators like Saddam Hussein, like Suharto, like Marcos - must also be canceled.

The call for debt cancellation is welcome, but debt does not just go away.

At the end of every 7th year you must make a remission of debts…. Everyone who holds a pledge shall return the pledge to the person indebted to him. He must not press a fellow countryman for payment, for the Lord’s year of remission has been declared. You may press foreigners; but if it is a fellow countryman that holds anything of yours, you just renounce all claim on it.

The FREED Vets Act will make student debt forgiveness for eligible disabled veterans automatic, both now and in the future.

The jobs that have come back have been extremely insecure low-wage benefit poor temporary jobs. Young people are screwed. They don't have a way to pay off their debt. And when they discover that they could come out and vote Green to cancel that debt, that I am the one candidate who will bail out the students like we bailed out the crooks on Wall Street, then it becomes an irresistible motivation to actually come out and vote Green.

Advocates for student-debt forgiveness are open about their political motivation. “It is actually delusional to believe Dems can get re-elected without acting on filibuster or student debt,” Rep. Alexandria Ocasio-Cortez tweeted in December. Rep. Ayanna Pressley said in May: “Democrats win when we deliver, and we have to deliver in ways that are impactful, tangible and transformative, like canceling student debt.” A headline on an April column in the Los Angeles Times read “Elizabeth Warren knows how Democrats can win the midterms. It starts with canceling student loan debt.” The New Republic signaled its agreement: “Biden’s Only Good Pre-Midterm Play: Cancel Student Debt.” The debate has centered on how debt forgiveness will play politically because no other justification exists.

You know the most important thing the Americans did for Iraq apart from liberating the country from Saddam was helping Iraq reduce its debt. The United States worked very hard to reduce 80 percent of Iraqi debt.

The Congress and BJP both have refused to waive off farm loans from nationalised banks. I have shared that our party will do this if voted to power.

If Koboi defeats and presumably murders us both then you can consider the debt null and void.

The time has come to end this charade. The debts are unaffordable. If they won't cancel the debts I would suggest obstruction; you do it yourselves. Africa should say: 'thank you very much but we need this money to meet the needs of children who are dying right now so we will put the debt servicing payments into urgent social investment in health, education, drinking water, control of AIDS and other needs.'