AtomicQuote

David Malpass Quote

The U.S. has a law on the books called the debt limit, but the name is misleading. The debt limit started in 1917 for the purpose of facilitating more national debt, not reducing it. It still serves that purpose. It's unconnected to spending, hurts our credit rating and has been an abject failure at limiting debt.

David Malpass

The U.S. has a law on the books called the debt limit, but the name is misleading. The debt limit started in 1917 for the purpose of facilitating more national debt, not reducing it. It still serves that purpose. It's unconnected to spending, hurts our credit rating and has been an abject failure at limiting debt.

Tags: law, purpose, name

Related Quotes

Belief is a wonderful way to pass the time until the facts come in.

Carl R White

Belief is a wonderful way to pass the time until the facts come in.

Tags: aetheism, agnostic, agnostic atheism, agnostic theism, agnosticism, agnostics, allah, almighty, angels, arguments

At his best, man is the noblest of all animals separated from law and justice he is the worst.

Aristotle

At his best, man is the noblest of all animals separated from law and justice he is the worst.

Tags: best, justice, man, law

The only stable state is the one in which all men are equal before the law.

Aristotle

The only stable state is the one in which all men are equal before the law.

Tags: equal rights, equality, governement, law, political philosophy, rights, society

I showed that privacy was an implicit right in Jewish law, probably going back to the second or third century, when it was elaborated on in a legal way.

Norman Lamm

I showed that privacy was an implicit right in Jewish law, probably going back to the second or third century, when it was elaborated on in a legal way.

Tags: legal, law, privacy, way

The First Amendment contradicts the First Commandment.

Aron Ra

The First Amendment contradicts the First Commandment.

Tags: america, atheism, law, moses, religion

Everybody is guilty. It's only the innocent that aren't.

Anthony T.Hincks

Everybody is guilty. It's only the innocent that aren't.

Tags: being, everybody, guilty, innocent, law, life, philosophy, ups and downs

A cop's JOB is to violently enforce upon the rest of us whatever arbitrary bullshit the political parasites declare to be "law." It is, therefore, impossible to be a "law enforcer" and behave morally,...

Larken Rose

A cop's JOB is to violently enforce upon the rest of us whatever arbitrary bullshit the political parasites declare to be "law." It is, therefore, impossible to be a "law enforcer" and behave morally,...

Tags: anarchy, ancap, coercion, collectivism, communism, crime, evil, free, freedom, government

It is my expectation that if I call 911 for the police that I will be blatantly harassed.

Steven Magee

It is my expectation that if I call 911 for the police that I will be blatantly harassed.

Tags: 911, blatantly, call, corrupt, corruption, enforcement, expectation, harass, harassed, law

I dread having to call the police, as I have no idea if they will send good cop, bad cop, lying cop, incompetent cop, aggressive cop, assaulting cop, corrupt cop, or the worst one of them all, the ter...

Steven Magee

I dread having to call the police, as I have no idea if they will send good cop, bad cop, lying cop, incompetent cop, aggressive cop, assaulting cop, corrupt cop, or the worst one of them all, the ter...

Tags: 911, 999, aggressive, all, assaulting, bad, call, cop, corrupt, corruption

So this is where all the vapid talk about the 'soul' of the universe is actually headed. Once the hard-won principles of reason and science have been discredited, the world will not pass into the hand...

Christopher Hitchens

So this is where all the vapid talk about the 'soul' of the universe is actually headed. Once the hard-won principles of reason and science have been discredited, the world will not pass into the hand...

Tags: 2010, atheism, britain, british monarchy, british royal family, british scientists, charles prince of wales, copernicus, credulity, darwin
About David Malpass

David Robert Malpass (born March 8, 1956) is an American economic analyst and former government official who served as President of the World Bank Group from 2019 to 2023. Malpass previously served as Under Secretary of the Treasury for International Affairs under Donald Trump, Deputy Assistant Treasury Secretary under Ronald Reagan, and Deputy Assistant Secretary of State under George H. W. Bush. He served as Chief Economist at Bear Stearns for the six years preceding its collapse.
During the 2016 U.S. presidential election, Malpass served as an economic advisor to Trump, and in 2017, he was nominated and confirmed as Under Secretary of the Treasury for International Affairs at the Treasury Department. Malpass was elected President of the World Bank on April 4, 2019, having been nominated to the position in February 2019 by the Trump administration. He formally took office on April 9, 2019, and announced in February 2023 that he was leaving the position in June of that year.