In economic panics throughout history, the wiping out of the savings accounts of lower earners and the middle class has often led to social revolution, sometimes violent upheavals.
quote by Nick Clooney

Submitted by Lucian Velea
Vote! | Copy!
Related quotes

There are three social classes in America: upper middle class, middle class, and lower middle class.
quote by Judith Martin

Submitted by Lucian Velea
Vote! | Copy!
My legislation, the Simple Savings Tax Relief Act of 2005, simply eliminates the taxation of interest earned in savings accounts, such as passbook savings accounts or bank certificates of deposit.
quote by Cliff Stearns

Submitted by Lucian Velea
Vote! | Copy!
We promote domestic savings by also things like the personal accounts associated with the president's Social Security initiative, which over time would generate more savings.
quote by John W. Snow

Submitted by Lucian Velea
Vote! | Copy!
At many points during our nation's history, there have been times - known in our history textbooks as ""panics"" - when adverse conditions affecting the financial and economic sectors of the country have caused individuals to hoard more than they need.
By requiring that any surplus in Social Security taxes be returned to the American people in personal savings accounts, the plan ensures that Social Security taxes will be used for Social Security.
quote by Mike Pence

Submitted by Lucian Velea
Vote! | Copy!
President Roosevelt, the author of Social Security, was the first to suggest that, in order to provide for the country's retirement needs, Social Security would need to be supplemented by personal savings accounts.
quote by John Doolittle

Submitted by Lucian Velea
Vote! | Copy!
It's time to stop the raid on the Social Security trust fund and start allowing Americans to invest their Social Security taxes in personal savings accounts.
quote by Mike Pence

Submitted by Lucian Velea
Vote! | Copy!
The Social Classes
The Social Classes
I tried to measure my individual status
Against this worlds benchmark
Pondering on common open remarks
Researching from newspapers
And listening to the media
Learning from decades of history
Some of those events remain a mystery
Trying to unfold the logic
Of the class differences in today’s modern society
Upper Class, Upper Class my foot
These are merely wealthy tycoons
Most of them born with golden spoons
Luck is needed to belong to this ring
Its liking flying to the moon
In a hot aired balloon
Or trying to sing
Through a key ring
Their moral obligation
As a minority of the nation
Is to obtain the best and most expensive education
They make damn well sure
Mechanisms are in place to differentiate
And ensure infinity of inequality
Like ownership of earths land
Placing humans beings in separate class bands
With a unique voice
You could release some hit songs
And become a millionaire
And join the so called
Socioeconomic class
Beware most of these people don’t care
You may never belong
I am not alone
I have not being blessed with this privilege
I wish all social classes could just merge
And unite as one
Maybe we may then be able to get rid of the gun
Right under your very nose
Right under the sun
Middle Class, Middle Class
This is the centre
Of confusion for the masses
The obvious gap between the rich and the poor
Here there is everything to live and die for
Hardworking families with two incomes
Dreaming of a random lucky lottery storm
Middle class people are so vain
Everyone striving for prestigious and wealthy gains
You are judged by your looks and your lifestyle
You are judged by what you wear from a lengthy mile
If you are making a considerable racket
In the labour market
You are always adored
People will always laugh at your dry jokes and never get bored
As an individual
One of my chances as usual
To improve my status in this class is
Societies and clubs
Where my expectations
Could be me met
If I have contacts
To the people in the right positions
This is the common norm
One you must conform
To be accepted
Lower Class Lower Class
Some of these people
Play quite skilful jazz
These are the lowest of the lot
The group everyone has simply forgot
Drug addicts, beggars and the homeless
Those whose situation is inevitably hopeless
Permanent consistent hardship
They are on an isolate platform
Constantly hungry looking raw boned
Many resorting to liquor and weed
To get highly stoned
Prayers are voiced in each days struggle
Pleading knowingly for a quick miracle
The Society’s Social classes
What unites us all?
Life!
poem by Sylvia Chidi (17 October 2005)

Submitted by Poetry Lover
Vote! | Copy!
The issues that matter to me are the social safety nets for people, health care, middle-class concerns. We need to take care of the middle class and the poor in our country.
quote by Tim McGraw

Submitted by Lucian Velea
Vote! | Copy!
Fishing Rods, Guns And God
Some say: Give me a fishing rod
so when I start to wish
for food I needn’t pray to God:
I’ll catch myself a fish.
Some think that rifles or revolvers
may solve their problems better,
becoming with such problem solvers
to God a lifer debtor.
All fishing rods are just like guns
in any fish’s eyes,
but I feel merciless when one’s
my dinnertime fish prize.
A bank account won’t save a fish
from dying, but with one
you may prepare a sauce that’s pish,
and not be forced to run
away from cops or into church
or synagogue for aid,
for it won’t leave you in the lurch,
demanding debts be paid.
Inspired by Nicholas Kristof’s Op-Ed in the NYT, December 31,2009 “Sparking a Savings Revolution”) :
There’s an old saying about poverty: Give me a fish, and I’ll eat for a day. Give me a fishing rod, and I’ll eat for a lifetime. There are many variations in that theme. In Somalia, I heard a darker version: If I buy food, I’ll eat for a day. If I buy a gun, I’ll eat every day. But these days, there’s evidence that one of the most effective tools to fight global poverty may be neither a fishing rod nor a gun, but a savings accounts. What we need is a savings revolution. Right now, the world’s poor almost never have access to a bank account. Cash sits around and gets spent — and, frankly, often spent badly.
12/31/09
poem by Gershon Hepner

Submitted by Poetry Lover
Vote! | Copy!
They cannot divide us by saying that you're middle class or you're lower class.
quote by H. Rap Brown

Submitted by Lucian Velea
Vote! | Copy!
If anything, taxes for the lower and middle class and maybe even the upper middle class should even probably be cut further. But I think that people at the high end - people like myself - should be paying a lot more in taxes. We have it better than we've ever had it.
quote by Warren Buffett

Submitted by Lucian Velea
Vote! | Copy!
The more violent the body contact of the sports you watch, the lower the class.
quote by Paul Fussell

Submitted by Lucian Velea
Vote! | Copy!
The more violent the body contact of the sports you watch, the lower your class.
quote by Paul Fussell

Submitted by Lucian Velea
Vote! | Copy!
It is the tendency of the social burdens to crush out the middle class, and to force society into an organization of only two classes, one at each social extreme.
quote by William Graham Sumner

Submitted by Lucian Velea
Vote! | Copy!
Revolution is everywhere, in everything. It is infinite. There is no final revolution, no final number. The social revolution is only one of an infinite number of numbers: the law of revolution is not a social law, but an immeasurably greater one. It is a cosmic, universal law — like the laws of the conservation of energy and of the dissipation of energy (entropy).
quote by Yevgeny Zamyatin

Submitted by Veronica Serbanoiu
Vote! | Copy!

All history has been a history of class struggles between dominated classes at various stages of social development.
quote by Friedrich Engels

Submitted by Lucian Velea
Vote! | Copy!
Socialism is nothing more nor less than the social, political and ideological system which breaks the fetters upon economic growth created under capitalism and opens the way to a new period of economic and social expansion on a much larger scale.
quote by Earl Browder

Submitted by Lucian Velea
Vote! | Copy!
I've gradually risen from lower-class background to lower-class foreground.
quote by Marvin Cohen

Submitted by Lucian Velea
Vote! | Copy!
Ignorance Fuels Merciless Ivory Demand
Chinese middle class economic strong bursts
free of centuries poverty cycles in numbers
several hundred millions Chinese middle class
cannot honour live without new pride status
ivory luxury chopsticks jewelry 70% of Chinese
think are told elephant tusk teeth just fall out
of elephant mouths harvest like apples from trees
ignorance is reason merciless ivory traders can kill?
poem by Terence George Craddock

Submitted by Poetry Lover
Vote! | Copy!