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Consequence Quotes

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Consequence Quotes

“In the wake of the housing debacle in California, more people are buying less expensive homes, making bigger down payments, and staying away from 'creative' and risky financing. It is amazing how fast people learn when they are not insulated from the consequences of their decisions.”

PeopleHomeDecisionCreativeConsequenceBiggerCaliforniaExpensiveBuyingStayingHousingPaymentFinancingDebacles
Book:Dismantling America and Other Controversial Essays (Large Print 16pt)
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“The time will come, and probably during 2009, that the only way the U.S. will be able to fund its deficits is to create money by printing it. The Treasury will have to sell bonds, and, in the absence of foreign buyers, the Fed will have to print the money to buy them. The consequence will be runaway inflation, increasing interest rates, recession, and inevitable tax increases on all Americans.”

WayAbleInterestTaxesConsequenceIncreaseSellsRateAbsenceInevitableFundFedsPrintInflationDeficitPrintingRecessionsTreasuryInterest RateBuyersRunawayTax Increases
Author:Doug Casey
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“The young women who attract so much attention never change: They are all stupid. They have at best only the crudest notions of their own power, and never calculate motives or consequences. Giving a young woman a young woman's body makes as much sense as giving ten teenagers Lamborghinis and telling them to drive in figure 8s around a parking lot.”

GivingBodyYoungAttentionStupidFiguresTenConsequenceNotionTeenagerMotiveYoung WomenNever ChangeParkingWomen's BodiesParking Lot
Author:Richard Brookhiser
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“I have somewhere heard or read the frank confession of a Benedictine abbot: "My vow of poverty has given me a hundred thousand crowns a year; my vow of obedience has raised me to the rank of a sovereign prince." - I forget the consequences of his vow of chastity.”

YearsGivenForgetPovertyHeardThousandHundredConsequenceRaisedObedienceFrankConfessionCrownsSovereignVowChastity
Book:THE HISTORY OF THE DECLINE AND FALL OF THE ROMAN EMPIRE (All 6 Volumes): From the Height of the Roman Empire, the Age of Trajan and the Antonines - to the Fall of Byzantium; Including a Review of the Crusades, and the State of Rome during the Middle Ages
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“The consumers are merciless. They never buy in order to benefit a less efficient producer and to protect him against the consequences of his failure to manage better. They want to be served as well as possible. And the working of the capitalist system forces the entrepreneur to obey the orders issued by the consumers.”

WantWellsOrderForceProtectBenefitsConsequenceEntrepreneurProducersManageConsumersCapitalistEfficient
Book:Bureaucracy: The Economist
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“The welfare state corrupts family life. Even Democrats have acknowledged the destructive consequences of the welfare state on the underclass. It has rendered vast numbers of male unnecessary to females, who have looked to the state to support them and their children (and the more children, the more state support) rather than to husbands. In effect, these women took the state as their husband.”

ChildrenStatesNumbersSupportEffectsHusbandConsequenceFemaleDemocratMalesWelfareDestructiveUnnecessaryFamily LifeWelfare State
Author:Dennis Prager
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“The poor are the very lifeblood of the left, attracting activists, supporting among the intelligentsia, and - perhaps most important - allowing the left to indulge in self-congratulation as people who 'care.' But, if they really cared, they would want to know what the facts are and what the actual consequences of their various nostrums are.”

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Author:Thomas Sowell
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“The riches of successful entrepreneurs is not the cause of anybody's poverty; it is the consequence of the fact that the consumers are better supplied than they would have been in the absence of the entrepreneur's efforts.”

Has BeensFactsCausesEffortPovertySuccessfulConsequenceEntrepreneurRichesAbsenceConsumersSuccessful Entrepreneurs
Book:Planning for freedom, and sixteen other essays and addresses
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“The greatest danger to the liberal vision are facts about the consequences of liberalism itself and the laws, policies, and ways of life that the left has spawned. That the black family, which survived centuries of slavery and generations of discrimination, has disintegrated in the wake of the liberal welfare states is only one example.”

WayStatesFactsLawLeftBlackVisionGenerationsCenturyDangerPolicyExampleConsequenceSlaveryDiscriminationWelfareLiberalismSurvivedWelfare StateBlack Family
Author:Thomas Sowell
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“When Obama's economic advisers - a greater group of schlemiels would be hard to find - warn that failure to raise the limit will trigger default and horrific consequences for the global economy, Republicans should reply that if this is so, tell it to your president and get him to approve the spending cuts along with the debt-limit increase.”

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Author:Dick Morris
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“I also want to raise the possibility that there are, in the very long term, "virtue effects" in economics- for instance that widespread corrupt accounting will eventually create bad long term consequences as a sort of obverse effect from the virtue-based boost double-entry book-keeping gave to the heyday of Venice. I suggest that when the financial scene starts reminding you of Sodomand Gomorrah, you should fear practical consequences even if you like to participate in what is going on.”

IfsWantShouldLongBookTermVirtueEffectsPossibilitySceneConsequenceEconomicsRaisesFinancialPracticalsInstanceLong TermVeniceEntryAccountingRemindingBoostHeyday
Author:Charlie Munger
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“Notwithstanding all the passionate fulminations of the spokesmen of governments, the inevitable consequences of inflationism and expansionism...are coming to pass. And then, very late indeed, even simple people will discover that Keynes did not teach us how to perform the 'miracle...of turning a stone into bread,' but the not at all miraculous procedure of eating the seed corn.”

PeopleGovernmentSimpleTeachLateEatingConsequenceStonesMiraclePassionateSeedsBreadInevitableMiraculousCornProceduresKeynes
Author:Ludwig von Mises
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“We have a higher percentage of the intelligentsia engaged in buying and selling pieces of paper and promoting trading activity than in any past era. A lot of what I see now reminds me of Sodomand Gomorrah. You get activity feeding on itself, envy and imitation. It has happened in the past that there came bad consequences.”

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Author:Charlie Munger
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“At some fundamental level, religion does not allow for compromise. It insists on the impossible. If God has spoken, then followers are expected to live up to God's edicts, regardless of the consequences. To base one's life on such uncompromising commitment may be sublime; to base our policy making on such commitments would be a dangerous thing.”

IfsMayDoeWould BeLevelsImpossibleDangerousPolicyCommitmentConsequenceFundamentalsExpectedCompromiseFollowersSublimeDangerous ThingsUncompromisingPolicy Making
Book:The Audacity of Hope: Thoughts on Reclaiming the American Dream
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“The growing inequality of wealth and income distribution is both a moral and economic problem. If the wealthy are unwilling to pay more taxes, then this is going to lead to spending cuts. And if you put off the table things like national defense, then you're going to end up cutting more and more out of programs that aid the poor. So, I think there are consequences to this idea that tolerance for inequality requires us to - to just do nothing to make the wealthy contribute a higher share of resources to fund the government.”

IfsThinkingIdeasEndsProblemGovernmentWealthPoorPayMoralCuttingGrowingShareEconomicHigherTaxesConsequenceResourcesProgramTablesSpendingDefenseAidsToleranceIncomeInequalityFundWealthyDistributionUnwillingNational DefenseEconomic ProblemsSpending CutsIncome Distribution
Author:Bruce Bartlett
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“The confidentiality of the judicial process would not matter greatly to an understanding and evaluation of the legal system if the consequences of judicial behavior could be readily determined. If you can determine the ripeness of a cantaloupe by squeezing or smelling it, you don't have to worry about the produce clerk's mental processes.”

IfsMatterProcessUnderstandingWorryProduceBehaviorConsequenceDetermineDeterminedJudicialEvaluationClerksLegal SystemSqueezingRipenessConfidentiality
Author:Richard Posner
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“If we try to prohibit encryption or discourage it or make it more difficult to use, we're going to suffer the consequences that will be far reaching and very difficult to reverse, and we seem to have realized that in the wake of the September 11th attacks. To the extent there is any reason to be hopeful, perhaps that's where we'll end up here.”

IfsTryingEndsReasonUseSeemsSufferingDifficultConsequenceReachingHopefulReverseSeptemberDiscouragingSeptember 11September 11thEncryption
Author:Matt Blaze
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