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Old 06-23-2011, 08:33 AM
 
Location: San Diego California
6,797 posts, read 6,592,107 times
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Some great quotes from Will Rogers that are as timely today as they were in 80 years ago.

"Why don't somebody print the truth about our present economic situation? We spent six years of wild buying on credit -- everything under the sun, whether we needed it or not -- and now we are having to pay for 'em, and we are howling like a pet coon.

"See where Congress passed a two Billion dollar bill to relieve bankers' mistakes. You can always count on us helping those who have lost part of their fortune, but our whole history records nary a case where the loan was for the man who had absolutely nothing." DT #1715, Jan. 22, 1932

"It looks like the financial giants of the world have bungled as much as the diplomats and politicians. This would be a great time in the world for some man to come along that knew something." DT #1611, Sept. 21, 1931

"Wall Street is being investigated, but they are not asleep while it's being done. You see where the Senate took that tax off the sales of stocks, didn't you? Saved 'em $48,000,000. Now, why don't somebody investigate the Senate and see who got to them to get that tax removed? That would be a real investigation." DT #1803, May 4, 1932

"We never will have any prosperity that is free from speculation till we pass a law that every time a broker or person sells something, he has got to have it sitting there in a bucket, or a bag, or a jug, or a cage, or a rat trap, or something, depending on what it is he is selling. We are continually buying something that we never get from a man that never had it." DT #1301, Sept. 24, 1930

"You can't break a man that don't borrow; he may not have anything, but Boy! he can look the World in the face and say, "I don't owe you Birds a nickel." You will say, (if everyone stops borrowing) what will all the Bankers do? I don't care what they do. Let 'em go to work, if there is any job any of them could earn a living at. Banking and After-Dinner Speaking are two of the most Non-essential industries we have in this country. I am ready to reform if they are." WA #14, March 18, 1923

"Borrowing money on what's called 'easy terms,' is a one-way ticket to the Poor House. If you think it ain't a Sucker Game, why is your Banker the richest man in your Town? Why is your Bank the biggest and finest building in your Town? Instead of passing Bills to make borrowing easy, if Congress had passed a Bill that no Person could borrow a cent of Money from any other person, they would have gone down in History as committing the greatest bit of Legislation in the World." WA #14, March 18, 1923

You see in the old days there was mighty few things bought on credit. Your taste had to be in harmony with your income, for it had never been any other way. I think buying autos on credit has driven more folks to (rob banks) as a regular means of livelihood than any other contributing cause... I don't reckon there has ever been a time in American homes when there was as much junk in 'em as there is today. Even our own old shack has got more junk in it that has never been used, or looked at than a storage place. Most everybody has got more than they used to have, but they havent got as much as they thought they ought to have. So it's all a disappointment more than a catastrophe. If we could just call back the last two or three years and do our buying a little more carefully why we would be O.K." WA #419, January 4, 1931

"America already holds the record for freak movements. Now we have a new one. It's called "Restoring Confidence." Rich men who never had a mission in life outside of watching a stock ticker are working day and night "restoring confidence." Writers are working night shifts, speakers' tables are littered up, ministers are preaching statistics, all on "restoring confidence."

"If you got a dollar, soak it away, put it in a savings bank, bury it, do anything but spend it. Spending when we didn't have it put us where we are today. Saving when we've got it will get us back to where we was before we went cuckoo." DT #1353, Nov. 24, 1930
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