He getteth a great deal of credit, who payeth but a small debt.
Related quotes
Typically, students slide into debt through the extension (by credit card companies) of unaffordable credit lines.
quote by Robert Manning
Submitted by Lucian Velea
Vote! | Copy!
Credits and discredits
To love back one who loves you
Is not a credit that you deserve.
It is a debt cleared.
To love one who doesn’t love you
Is not a credit that you deserve.
It is your investment.
To love one on sexual ground
Is not a credit that you deserve.
It is to feed your hunger.
Though you deserve no credit,
If you don’t employ such loves
You will get discredits.
27.02.2010
poem by Rm. Shanmugam Chettiar
Submitted by Poetry Lover
Vote! | Copy!
Losing Patience
If one is the owner,
Of another's debt.
And that other one's life,
Has been enhanced by loans and credit,
Kept.
Who is more indebted?
The one who's lifestyle has been fed,
On the achievement of good credit ratings?
Or the one quietly...
Losing patience instead?
If one is the owner of another's debt.
And one of the two brags about a greatness kept.
While the other has sat patiently...
Listening to the boasting,
Of one exposing a pumped up chest!
Which one do you think eventually...
Will extend an upper hand?
And which one will admittedly,
Will express regret and on nothing to stand.
On which can be declared is theirs to own?
Not if one is accustomed to living indebted,
On borrowed finances another loans.
Which one do you 'think' will be left to moan?
poem by Lawrence S. Pertillar
Submitted by Poetry Lover
Vote! | Copy!
Social Insecurity
Strapped Seniors use credit cards ‘stead of cash
To stay afloat, after losing their stocks n’ bonds
Yet more victims of another Wall Street crash
“Let them eat cake” is what the Fed responds
ROTMS
From Reuters Article 10/23/2010
Retired and broke: Why retirees are declaring bankruptcy
For more and more seniors, retirement doesn’t mean a debt-free life of leisure. An increasing number of Americans aged 65 and older are declaring bankruptcy, according to a recent study by John Pottow, professor of law at the University of Michigan Law School.
Those aged 65 and older represented seven percent of bankruptcy filers in 2007, a mind-boggling jump from 1991. They are the “fastest-growing age demographic, ” according to Pottow’s study.
What’s the culprit for so much debt? Credit cards. Two-thirds of Americans who filed for bankruptcy said credit cards were the key reason for their financial problems, according to Pottow’s research. Besides having more credit card debt compared with younger bankruptcy filers,44.8 percent of those aged 65 and older also had more plastic in their wallets. “They’re using credit cards as a maladaptive coping mechanism, ” Pottow says.
Stephanie Osterland, a supervisor in the bankruptcy department at GreenPath debt solutions, sees an increasing number of seniors living beyond their means. Says Osterland: “They’re just trying to live off of a fixed income, and that’s usually Social Security. Maybe they have a small pension. We find they’ve used credit cards to supplement that income and expenses or they just end up getting into a lot of medical debt.”
In addition to escalating medical expenses, seniors have seen their portfolios hit hard by the lagging stock market. Carolyn Rodi of Saving Your American Dream says those considering bankruptcy should see a credit counselor at a non-profit organization to get their finances in order.
Credit counselors, such as those at GreenPath, help the elderly deal with a stressful situation. “We try to help them focus on what it’s going to look like” after they get out of debt, Osterland says.
Rodi also recommends that potential bankruptcy filers seek out pro-bono legal aid. “There are a lot of elderly people that are being taken advantage of by bankruptcy attorneys and mortgage brokers who are advising them improperly to pay for the bankruptcy, take out a reverse mortgage or to do things that aren’t in their best interest, ” she says. ”If you have no income, why should you borrow to pay someone when you can get free legal aid? ”
What are the chances of a senior paying off his or her debts? It’s difficult to determine, especially because seniors tend to be on a fixed income. And while finding a job — such as a WalMart greeter — seems like a viable option, it is not necessarily feasible for all seniors to work.
In addition, whether or not a person declares Chapter 7 (which involves the liquidation of one’s assets) or Chapter 13 (which allows debt restructuring) bankruptcy can be a significant factor in determining what one’s lifestyle will be. “If you have to file for Chapter 7 bankruptcy, you may be able to find affordable housing that allows you to just get by, ” says Rodi. “Chapter 13 lets you keep your house and doesn’t touch your retirement savings.”
Regardless, filing for bankruptcy is very stressful for anyone. “A lot of our clients in that post-retirement age have a hard time coming to grips with their situation, ” Osterland says. “It’s very emotional for them. We try to focus on the future and see if this debt can be lifted off their shoulders.”
poem by Ray Lucero
Submitted by Poetry Lover
Vote! | Copy!
Fresh Debt Offerings
Yes...
My credit is bad.
It has been for a long time.
But guess what?
Even though I didn't start that trend...
I now feel more American and patriotic than ever!
My credit has been bad for so long...
It has become good with fresh debt offerings!
Visa and Mastercards with applications sent.
With approval guaranteed...
If I should call within 24 hours.
Yes!
Whether or not I am penniless.
And at one time I felt ostracized,
Because I had no credit at all!
And today I've become embraced,
As a true American.
After more than 400 years!
And many stolen inventions.
poem by Lawrence S. Pertillar
Submitted by Poetry Lover
Vote! | Copy!
We're going to have to forgive a great deal of the Soviet era debt. There's no question about that. Let's face up to that. We're going to have to put in money if Russia is really going to consolidate a democracy.
quote by Jeffrey Sachs
Submitted by Lucian Velea
Vote! | Copy!
But obviously, we're looking for all good ideas to help deal with our long-term debt problem. This is something that is going to affect our economy. It affects our kids. And we need to deal with it.
quote by David Axelrod
Submitted by Lucian Velea
Vote! | Copy!
Suckers
Cascades of brightly coloured lights.
Festoon the aisles of shopping malls.
Perhaps a foretaste of delights
that kids expect when Santa call.
Small children with wide open eyes
are hypnotised by this display
Each aisle reveals a fresh surprise
They cannot tear their eyes away.
The harassed mothers can’t persuade
their wide eyed children they must go
For daddy’s dinner must be made
the children just don’t want to know.
An advertising strategy
which works with great efficiency.
It brings the punters thronging in.
They come to look but soon begin.
To purchase with their credit card.
The crafty tactic works again
The merchants reap a rich reward.
Debt ridden punters bear the pain.
They’ve only just cleared last year’s debt
Yet foolishly they overspend.
It’s strange how quickly they forget
the real cost of their plastic friend.
19-Nov-07
poem by Ivor Or Ivor.e Hogg
Submitted by Poetry Lover
Vote! | Copy!
Over Now
Good night...
Yeah, its over now, but I can breathe somehow
When its all worn out, Id rather go without
You know its been on my mind
Could you stand right there
Look me straight in the eye and say
That its over now
We pay our debt sometime
Well its over now, yet I can see somehow
When its all gone wrong, its hard to be so strong
You know its been on my mind
Could you stand right there
Look me straight in the eye and say
That its over now
We pay our debt sometime
Yeah, we pay our debt sometime
We pay our debt sometime
Yeah, we pay our debt sometime
Guess its over now, I seem alive somehow
When its out of sight, just wait and do your time
You know its been on my mind
Could I stand right here
Look myself in the eye and say
That its over now
We pay our debt sometime
Yeah, we pay our debt sometime
We pay our debt sometime
Yeah, we pay our debt sometime
song performed by by Alice In Chains
Submitted by Lucian Velea
Vote! | Copy!
Can You Deal With It?
(words and music: duran duran)
There must be somebody
Wholl make love to me.
Blow the rules away
And trash these yesterdays.
Live in simpathy
Use psychology.
To find the twist in me (ah-ha)
Can you deal with it?
Recent enquiry
Showed now boundry.
Loves the only way
Can you handle it?
Can you deal with it? (oowa)
Can you deal with it?
Can you deal with it? (oowa)
Can you deal with it?
Can you deal with it?
When you aint sorry? (can you deal with it? )
For all that you appologise (can you deal with it? )
Working up to something,
I know youre up to something...
Yeahhhh...
Can you deal with it? (somethings got to happen)
Can you deal with it? (somethings got to get me up)
Say you deal with it? (but nothing never happens)
Can you deal with it? (cos nothings ever good enough)
Say you deal with it?
Can you deal with it? (somethings got to happen)
Can you deal with it? (somethings got to get me up)
Say you deal with it? (but nothings gonna happen)
Can you deal with it? (cos nothings ever good enough)
Say you deal with it?
song performed by by Duran Duran
Submitted by Lucian Velea
Vote! | Copy!
A liberal is someone who feels a great debt to his fellow man, which debt he proposes to pay off with your money.
quote by G. Gordon Liddy
Submitted by Lucian Velea
Vote! | Copy! | In Romanian
The only thing I wanted to do when I was a young naive kid was to become a New York stage actor. I thought that would be nirvana. I think of myself as an actor. If other people want to pigeonhole me, if they want to think of me as a big deal or a medium deal or a small deal, well, that's up to them.
quote by Oliver Platt
Submitted by Veronica Serbanoiu
Vote! | Copy!
It requires a great deal of boldness and a great deal of caution to make a great fortune and when you have got it, it requires ten times as much wit to keep it.
quote by Mayer Amschal Rothschild
Submitted by Lucian Velea
Vote! | Copy!
It is often better to have a great deal of harm happen to one than a little; a great deal may rouse you to remove what a little will only accustom you to endure.
quote by Grenville Kleiser
Submitted by Lucian Velea
Vote! | Copy!
I really have a great deal of humility in that department, and a great deal of respect for people who spend their lives learning how to make these amazing preparations.
The Debt
This is the debt I pay
Just for one riotous day,
Years of regret and grief,
Sorrow without relief.
Pay it I will to the end --
Until the grave, my friend,
Gives me a true release --
Gives me the clasp of peace.
Slight was the thing I bought,
Small was the debt I thought,
Poor was the loan at best --
God! but the interest!
poem by Paul Laurence Dunbar
Submitted by Poetry Lover
Vote! | Copy!
Debt and Effect
Do you like to do what you like,
Have dream to live luxurious life,
Buy a car, house or household,
Have planning to tour the world
Or want to own valuables, then flaunt,
Taking mate shopping or restaurant,
Short of money? Loan makes it easy.
Credit card can make you more crazy.
Though this truth is well accepted
Most of rich men are highly indebted.
But when you will realise its effect
Immediately say good bye to debt.
Pay heavy interest on the principals,
Receive agent’s debt collection calls.
In debt your mental peace is lost,
Miss planning and opportunity cost.
Your mind always loaded with tension
How to clear loan? Asking the question
Go for another loan or curtails expense
How fast repay and get out of the mess
Major earning is lost in paying interest
I feel, remaining debt free is the best.
(c) S.D.Tiwari
email [email protected]
poem by S.D. Tiwari
Submitted by Poetry Lover
Vote! | Copy!
You must be fully prepared to lose a great deal in order to make a great deal.
Great discoveries and improvements invariably involve the cooperation of many minds. I may be given credit for having blazed the trail, but when I look at the subsequent developments I feel the credit is due to others rather than to myself.
quote by Alexander Graham Bell
Submitted by Lucian Velea
Vote! | Copy!