Sovereign Debt Crisis

Famous quotes containing the words sovereign, debt and/or crisis:

    Undoubtedly equality of goods is just; but, being unable to cause might to obey justice, men has made it just to obey might. Unable to strengthen justice, they have justified might—so that the just and the strong should unite, and there should be peace, which is the sovereign good.
    Blaise Pascal (1623–1662)

    The debt was the most sacred obligation incurred during the war. It was by no means the largest in amount. We do not haggle with those who lent us money. We should not with those who gave health and blood and life. If doors are opened to fraud, contrive to close them. But don’t deny the obligation, or scold at its performance.
    Rutherford Birchard Hayes (1822–1893)

    It gives me the greatest pleasure to say, as I do from the bottom of my heart, that never in the history of the country, in any crisis and under any conditions, have our Jewish fellow citizens failed to live up to the highest standards of citizenship and patriotism.
    William Howard Taft (1857–1930)