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Unemployment insurance, abolishing child labor, the 40-hour work week, collective bargaining, strong banking regulations, deposit insurance, and job programs that put millions of people to work were all described, in one way or another, as 'socialist.' Yet, these programs have become the fabric of our nation and the foundation of the middle class.
I trust online banking. You know why? Because if somebody hacks into my account and defrauds my credit card company, or my online bank account, guess who takes the loss? The bank, not me.
I saw a bank that said '24 Hour Banking', but I don't have that much time.
In a modern digitalized world, it is possible to paralyze a country without attacking its defense forces: The country can be ruined by simply bringing its SCADA systems to a halt. To impoverish a country, one can erase its banking records. The most sophisticated military technology can be rendered irrelevant. In cyberspace, no country is an island.
Banking technology has made it simple and efficient to invest in good causes.
As with so many sectors of the economy, technology is transforming the retail banking sector.
Rather than worrying about entities, we should worry about the trends in technology that may cause disruptions... if we get so paranoid that banking is no longer going to exist and banks are going to get disrupted, I think that is a different worry.
In many ways, I don't think journalism is any different from banking. And I don't think that banking is any different from parenting.
It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.
The modern banking system manufactures money out of nothing.
I think anybody who is interested in keeping their money safe from the criminal banking system would want gold, silver, and Bitcoin.
The public has lost faith in the ability of Social Security and Medicare to provide for old age. They've lost faith in the banking system and in conventional medical insurance.
We don't have a good legal justification for breaking up the banking system. But if I could wave a magic wand, I'd break up the banking system.
We don't have a good legal justification for breaking up the banking system.
The truth is a mayor can actually do very little to alter the course of a huge city run by the free market that is home to banking - the engine room of capitalism.
I always tried to move up the food chain. I started with cement and then moved into textiles and banking. When I was trading sugar, I added salt and flour so that then we could do pasta. And then I thought, why not make the bag for it, too? So, we started making packaging.
The Finance Ministry will ensure regular assessment so that our announcements, especially those pertaining to the banking sector, are implemented in a time-bound manner. We are here to support small businesses and the industry at large.
A number of non-banking finance companies have entered the rural microcredit market. Many microcredit agencies have been charging interest rates not very dissimilar to those charged by moneylenders. Borrowing then becomes more to meet pressing consumption needs, rather than for farming or small-scale enterprises.
The Federal Reserve is not charged with designing or evaluating proposals for housing finance reform. But we are responsible for regulating and supervising banking institutions to ensure their safety and soundness, and more broadly for the stability of the financial system.
There's been a myth perpetuated where people think, 'I need to go into consulting, banking, finance, law, or medicine to make a consistently reasonable amount of money.' People are now realizing that's not the case.
For Randy Neugebauer, the Texas Republican who chairs the investigations subcommittee, the top sources of funding for his 2012 reelection campaign are from the insurance, banking, finance, securities and real estate industries.
In 1977, when I started my first job at the Federal Reserve Board as a staff economist in the Division of International Finance, it was an article of faith in central banking that secrecy about monetary policy decisions was the best policy: Central banks, as a rule, did not discuss these decisions, let alone their future policy intentions.
In the US, banking and finance are regulated on the federal and state level, there are multiple federal bank regulators, and there are separate securities and commodities regulators.
In the deregulated realm of US banking and finance, crime does occasionally pay for its foul deeds, not in prison time but by making modest rebates to the victims.
For an actor you're rejected eight or ten times a day. All you've got to sell is yourself. You're not selling products they're not turning down a car they're turning you down. Most people can't handle that. Most people are essentially not set up that way.
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