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Failing Quotes

“The Obama administration's agenda of maximizing dependency involves political favoritism cloaked in the raiment of "economic planning" and "social justice" that somehow produce results superior to what markets produce when freedom allows merit to manifest itself, and incompetence to fail. The administration's central activity - the political allocation of wealth and opportunity - is not merely susceptible to corruption, it is corruption.”

PoliticalOpportunitySocialWealthJusticeResultsFailingEconomicProduceActivitySocial JusticeCorruptionPlanningSuperiorsAdministrationMeritAgendasManifestIncompetenceDependencySusceptibleMaximizingAllocationFavoritism
Author:George Will
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“In the end, alchemy, whether it is metallurgical or financial, fails. A base business can not be transformed into a golden business by tricks of accounting or capital structure. The man claiming to be a financial alchemist may become rich. But gullible investors rather than business achievements will usually be the source of his wealth.”

MenMayEndsWealthRichFailingHe ManSourceAchievementStructureInvestingFinancialTricksGoldenInvestorsTransformedCan NotAlchemyAccountingAlchemistGullibleBecome Rich
Author:Warren Buffett
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“Men are anxious to improve their circumstances, but are unwilling to improve themselves; they therefore remain bound. The man who does not shrink from self-crucifixion can never fail to accomplish the object upon which his heart is set. This is true of earthly as of heavenly things. Even the man whose object is to acquire wealth must be prepared to make great personal sacrifices before he can accomplish his object; and how much more so he who would realize a strong and well-poised life.”

MenWellsHeartDoeSelfStrongRealizingWealthFailingSacrificeObjectsHe ManDisciplineCircumstancesPreparedBoundsAccomplishPreparationAcquireHeavenlyAnxiousSelf DisciplineBe PreparedShrinksUnwillingCrucifixionGreat PersonA Man ThinkethPersonal Sacrifice
Author:James Allen
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“The philosophy underlying the system of progressive taxation is that the income and wealth of the well-to-do classes can be freely tapped. What the advocates of these tax rates fail to realize is that the greater part of the incomes taxed away would not have been consumed but saved and invested.”

WellsHas BeensPhilosophyRealizingWealthClassGreaterFailingTaxesRateSavedIncomeProgressiveTaxationConsumedIncome TaxProgressive Taxation
Book:Middle of the Road Policy Leads to Socialism
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