This Kind of Poverty: A Whole Different World from Our Own

“The truly poor won’t be at our church services. They won’t be at our committee meetings. They won’t be at the supermarket where we shop. And they aren’t here today. We have to reach out and find them where they are.”
“We found a whole different world from our own. We found people living without bathrooms or running water – with holes in their roofs and floors – people so poor they had no beds, no stoves, no shoes. Until that day, I had never imagined this kind of poverty – right next door to our own snug and comfortable lives.”
~Barb Mains
Founder – Help4Kids
~

Criminalized for the Lack of Bail

“Money bail is ruining the lives of literally millions of poor people
and costing the country unnecessary billions of dollars
in incarceration costs every year.
Local jail populations grew by 19.8 percent just between 2000 and 2014,
with pretrial detention accounting for 95 percent of that growth. …
… The single feature shared by almost every defendant in pretrial detention is that they are poor.
Rich people make bail; poor people don’t.
Regardless of actual guilt or innocence,
poor people are criminalized for their inability to buy their way out of jail.”
~ Peter Edelman, ,
Lawyer, Policy Maker, Law Professor, Co-Founder – New Israel Fund, Author (Not a Crime to Be Poor: The Criminalization of Poverty in America),
Former United States–Japan Leadership Program Fellow, Former J. Skelly Wright Memorial Fellow at Yale Law School, Co-Founder – Parents United

Pleading GUILTY While Innocent

“The major shortages of judges, prosecutors, and public defenders,
coupled with the number of people being held in jail awaiting trial
has led to a crisis
in which it is not possible
for every defendant who wants a day in court to get one.
So, the courts need a way to keep the trials from taking place.
By imprisoning poor people who cannot put up money for bail,
the system uses the threat or reality of extended imprisonment
to extract guilty pleas, even from people who are innocent
or have other valid defenses.
Not able to get a timely trial, they have only one option – plead guilty.
It is a Hobson’s choice, more so even than many of the defendants realize,
because the guilty please have serious collateral consequences
they may not even be aware of and which stay with them for the rest of their lives.
But, pleading guilty is what they do by the thousands, every day, all over America.”
~ Peter Edelman, ,
Lawyer, Policy Maker, Law Professor, Co-Founder – New Israel Fund, Author (Not a Crime to Be Poor: The Criminalization of Poverty in America),
Former United States–Japan Leadership Program Fellow, Former J. Skelly Wright Memorial Fellow at Yale Law School, Co-Founder – Parents United

The Finances to Withstand Adversity

“We will need a strong balance sheet that allows us to
withstand adversity, while continuing to invest in the future.”
~ Tidjane Thiam,
Banker, Philanthropist, INSEAD Alumnus of the Year Award (2007), Chevalier of the Légion d’honneur Award (2011),
Grand Prix de l’Économie Award (2013) & Euromoney Banker of the Year Award (2018)

In July 2018, business and finance magazine Euromoney named Thiam “Banker of the Year 2018”, citing his “radical three-year plan” that had “reinvented” Credit Suisse

Socialism & Other Peoples’ Money

“The problem with socialism is that you eventually run out of other peoples’ money.”
~ Margaret Hilda Thatcher,
(Baroness Thatcher), 
Prime Minister of the United Kingdom (May 1979–November 1990)
Leader of the Opposition (February 1975–May 1979)
Leader of the Conservative Party (February 1975–November 1990)
Shadow Secretary of State for the Environment (March 1974–February 1975)
Secretary of State for Education and Science (June 1970–March 1974)
Shadow Secretary of State for Education and Science (January 1967-June 1970),
Parliamentary Secretary to the Minister for Pensions (October 1961–October 1964)
Member of Parliament for Finchley (October 1959–April 1992)
~ Image via Wikipedia

If Women Didn’t Exist

“If women didn’t exist, all the money in the world would have no meaning.”
~ Aristotle Onassis,
Entrepreneur, Founder – Astilleros Onassis, Founder- Olympic Airways,
Founder – Alexander S. Onassis Public Benefit Foundation

Further & Further Into the Direction in Which You Start

“If you’re kind of a phony to start with, you’re going to be a bigger phony
when you make a lot of money.
And if you’re kind of mean, you can get meaner as you make money.
But if you’re generous, you get more generous.
I think money and age both tend to push you further and further
into the direction in which you start. There are exceptions to that,
but I think that’s generally true.”
~ Warren Edward Buffett,
Business Magnate, Investor, Philanthropist &
Founder of the Buffett Foundation