“It takes as much imagination to create debt as to create income”
“Solvency is maintained by means of a national debt, on the principle, ''If you will not lend me the money, how can I pay you?”
Ralph Waldo Emerson
“I, however, place economy among the first and most important republican virtues, and public debt as the greatest of the dangers to be feared.”
“Imagine a debt free me. It's possible”
“I go on the principle that a public debt is a public curse, and in a Republican Government a greater curse than any other”
“Bad debt is debt that is used to enhance consumption.”
“Enron got in trouble with too much debt. Investors and analysts didn't realize how much debt they had because it was hidden.”
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