“Hopefully WorldCom will not use its debt-free status to start a price war.”
“It is incumbent on every generation to pay its own debts as it goes. A principle which if acted on would save one-half the wars of the world.”
“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”
“Whoso hath left debt and children, let him come to me; I am their patron, I will discharge his debt and befriend his children”
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