With our national savings rate well below one-percent, it is imperative that the government embrace innovative and cost-effective means of boosting personal savings.
quote by Jim Cooper
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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
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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
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Obviously, people with low or even moderate incomes could not afford such savings rates, and even diligent savings from their low wages would not be enough to pay for either retirement or healthcare.
quote by William Greider
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Known By Many To Protect And Defend
It is difficult not to mention...
The depth and limitation of an ignorance.
Known by many to protect and defend.
Since if it is spoken against...
There are those who have been convinced,
Doing so is negative and has an evil intent.
And the ones condoning the presence of it,
Are employed to teach ignorance is accepted.
With a destroying of those who could influence,
A beneficial use of acquiring an intelligence...
That promises to become cost effective.
And at a savings done at one's expense.
poem by Lawrence S. Pertillar
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If unemployment could be brought down to say 2 percent at the cost of an assured steady rate of inflation of 10 percent per year, or even 20 percent, this would be a good bargain.
quote by William Vickrey
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We want to develop innovative ways to promote savings so more Americans can save for their future, but first we need to reject privatization schemes and work together to strengthen Social Security.
quote by Debbie Stabenow
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Anything that we can do to raise personal savings is very much in the interest of this country.
quote by Alan Greenspan
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Beginning in June, Alabama seniors previously without prescription drug coverage should begin to see savings of between 10 and 25 percent on their medications.
quote by Mike Rogers
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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
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There Is Nothing More Satisfying
There is nothing more satisfying,
Than to be depicted as a fool...
By those who have accepted,
Their unconditional training...
Promoting the act of mindlessness.
To leave one eventually feeling,
How pointless it is to express regret.
And observing this free promotion,
Without it being solicited...
Has to be a relief to those aware,
How cost effective this has been...
In the savings done to market without effort,
Such visable and achieved effects...
Affecting successfully the lives of those,
Ripping themselves apart.
In the expediating done of their own demise.
There are those who sit,
Enjoying every moment of this.
poem by Lawrence S. Pertillar
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Well, the U.S. is running a current account deficit; we are creating lots of investment opportunities in the United States that exceed our own domestic savings rates, so the issue here is to encourage higher savings rates in the United States.
quote by John W. Snow
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We say that anytime budgets are balanced and an ample savings account has been set aside, government should just stop collecting taxes. Better to leave that money in the pockets of those who earned it, than to let it burn a hole, as it always does, in the pockets of government.
quote by Mitch Daniels
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We tried to have diplomas without learning, we tried to have jobs without work, we tried to have houses without savings, we tried to have government without responsibility.
quote by Newt Gingrich
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Voluntary personal savings accounts would enable future retirees to harness the power of the marketplace when saving for their retirements.
quote by Bill Frist
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Though Congress continues to explore possible solutions to ensure social security solvency, everyone must take personal responsibility to prepare their own retirement savings accordingly.
The Premier and the Socialist
The Premier and the Socialist
Were walking through the State:
They wept to see the Savings Bank
Such funds accumulate.
"If these were only cleared away,"
They said, "it would be great."
"If three financial amateurs
Controlled them for a year,
Do you suppose," the Premier said,
"That they would get them clear?"
"I think so," said the Socialist;
"They would -- or very near!"
"If we should try to raise some cash
On assets of our own,
Do you suppose," the Premier said,
"That we could float a loan?"
"I doubt it," said the Socialist,
And groaned a doleful groan.
"Oh, Savings, come and walk with us!"
The Premier did entreat;
"A little walk, a little talk,
Away from Barrack Street;
My Socialistic friend will guide
Your inexperienced feet."
"We do not think," the Savings said,
"A socialistic crank,
Although he chance just now to hold
A legislative rank,
Can teach experienced Banking men
The way to run a Bank."
The Premier and the Socialist
They passed an Act or so
To take the little Savings out
And let them have a blow.
"We'll teach the Banks," the Premier said,
"The way to run the show.
"There's Tom Waddell -- in Bank finance
Can show them what is what.
I used to prove not long ago
His Estimates were rot.
But that -- like many other things --
I've recently forgot.
"Advances on a dried-out farm
Are what we chiefly need,
And loaned to friends of Ms.L.A.
Are very good, indeed,
See how the back-block Cockatoos
Are rolling up to feed."
"But not on us," the Savings cried,
Falling a little flat,
"We didn't think a man like you
Would do a thing like that;
For most of us are very small,
And none of us are fat."
"This haughty tone," the Premier said,
"Is not the proper line;
Before I'd be dictated to
My billet I'd resign!"
"How brightly," said the Socialist,
"Those little sovereigns shine."
The Premier and the Socialist
They had their bit of fun;
They tried to call the Savings back
But answer came there none,
Because the back-block Cockatoos
Had eaten every one.
poem by Andrew Barton Paterson
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What the F.D.I.C. does is to put the full faith and credit of the United States government behind every savings account in the nation, up to a limit that has changed over the years and stands now at $100,000.
quote by Nick Clooney
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If you like small government you need to work hard at having a strong national defense that is not so militant. Personal liberty is the purpose of government, to protect liberty - not to run your personal life, not to run the economy, and not to pretend that we can tell the world how they ought to live.
Personal savings accounts to me are one of the most powerful things, not necessarily in saving, solvency, or bankruptcy of the program, but in guaranteeing, the words I used a few minutes ago, a safe and secure retirement for our seniors.
quote by Bill Frist
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It is common for rural hospitals and nursing homes to operate as a single unit in order to take advantage of savings related to cost-sharing of some services and staff.
quote by Rick Renzi
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