Bankruptcy

"Bankruptcy in my opinion ever was and yet is considered as a crime, whatever tradesmen may now think of it. It was anciently punished with corporal punishment."

"Donald Trump has America back on the road to bankruptcy, an area where he has unparalleled expertise for a president of the United States. The small band of fiscal conservatives who remain in the Trump administration warned the president about the eventual dangers of his out-of-control spending addiction. In one such meeting, Trump reportedly said, "Yeah, but I won't be here." I never heard him say those words, but it doesn't come as a surprise. That's how he thinks. What does he care if the federal government goes belly-up? By then it won't be his problem."

"Taking out a commission of bankruptcy is a well-known mode of recovering a debt."

"Capitalism without bankruptcy is like Christianity without hell."

"It is said that the world is in a state of bankruptcy, that the world owes the world more than the world can pay, and ought to go into chancery, and be sold."

"He who desireth to sleep soundly, let him buy the bed of a bankrupt."

"The privileges of creditors to come in under a bankruptcy, and of bankrupts to be discharged, are co-extensive and commensurate."

"'How did you go bankrupt?' Bill asked. 'Two ways,' Mike said. 'Gradually and then suddenly.'"

"A woman's whole life is a history of the affections. The heart is her world: it is there her ambition strives for empire; it is there her avarice seeks for hidden treasures. She sends forth her sympathies on adventure; she embarks her whole soul on the traffic of affection; and if shipwrecked, her case is hopeless — for it is a bankruptcy of the heart."

"Bankruptcy is considered as a crime, and the bankrupt in the old laws is called an offender: but it is a principle of natural justice, and of our law, that actus non facit reum nisi mens sit rea."

"Such was the origin of that debt which has since become the greatest prodigy that ever perplexed the sagacity and confounded the pride of statesmen and philosophers. At every stage in the growth of that debt the nation has set up the same cry of anguish and despair. At every stage in the growth of that debt it has been seriously asserted by wise men that bankruptcy and ruin were at hand. Yet still the debt went on growing; and still bankruptcy and ruin were as remote as ever."

"A man may be a bankrupt, and yet be honest, for he may become so by accident, and not of purpose to deceive his creditors."

"Our national debt after all is an internal debt owed not only by the Nation but to the Nation. If our children have to pay interest on it they will pay that interest to themselves. A reasonable internal debt will not impoverish our children or put the Nation into bankruptcy."

"One of the bad effects of an anti-intellectual philosophy, such as that of Bergson, is that it thrives upon the errors and confusions of the intellect. Hence it is led to prefer bad thinking to good, to declare every momentary difficulty insoluble, and to regard every foolish mistake as revealing the bankruptcy of intellect and the triumph of intuition."

"One of the biggest lies in capitalism is that companies like competition. They don't. Nobody likes competition."