There are no checks and balances if the gov is wrong, if a private entrepreneur makes a mistake, he goes bankrupt, the losses are cut, if he bets wrong, he loses, if the gov bets wrong, they just get bigger, they just appropriate more money, it's a bottomless pit, because they either get it from the tax payers or run it off a printing press.
[The assault units] were disorganized, had suffered heavy casualties and were handicapped by losses of valuable equipment.... They were pinned down along the beach by intense enemy fire.... Personnel and equipment were being piled ashore... where congested groups afforded food targets for the enemy.
Learn from each one of your defeats; your losses must be as close to you as your victories.ashot nadanian
Companies that go bankrupt are a danger to healthy competition. They are able to make their creditors and shareholders pay for their losses and bad management and then to start anew with assets that they essentially got for free, quite unlike the competition that has not gone bankrupt, who have to pay full price for their assets, but quite similar to how their customers have wanted their products, for too little money.erik naggum
All we have to do is send two mujaheddin [...] to raise a small piece of cloth on which is written "al-Qaeda" in order to make the generals race there, to cause America to suffer human, economic and political losses.osama bin laden
Men take their misfortunes to heart, and keep them there. A gambler does not talk about his losses; the frequenter of brothels, who finds his favorite engaged by another, pretends to be just as well off without her; the professional street-brawler is quiet about the fights he has lost; and a merchant who speculates on goods will conceal the losses he may suffer. All act as one who steps on dog dung in the dark.ihara saikaku
The elements of good trading are cutting losses, cutting losses, and cutting losses.ed seykota
Justification, in terms of the broadening of freedom, for any particular form of institution of property must be argued in terms of whether the losses caused by the restrictions imposed are greater or less than the gains derived from the elimination of costly conflict.kenneth boulding
Our losses...have reached an intolerable level. The enemy air force played a decisive role in inflicting these high losses.karl dönitz
Take care to sell your horse before he dies. The art of life is passing losses on.robert frost
All his gold speculations, his stock speculations I speak of those which were purely speculative as brokers use the term generally resulted in losses.… He did not make money … out of those crises of 1869, 1873 and the Erie manipulations of 1868, which have been most strongly condemned.jay gould
It is no difficult trick to bring a great deal of energy, study, and native ability into Wall Street and to end up with losses instead of profits. These virtues, if channeled in the wrong directions, become indistinguishable from handicaps.benjamin graham
It is worth pointing out that assuredly not more than one person out of a hundred who stayed in the market after after 1925 emerged from it with a net profit and that the speculative losses taken were appalling.benjamin graham
Observation over many years has taught us that the chief losses to investors come from the purchase of low-quality securities at times of favorable business conditions.benjamin graham
We shall never forget that it was our submarines that held the lines against the enemy while our fleets replaced losses and repaired wounds.chester w. nimitz
We retain nothing, although we have conquered everything...France is chiefly, if not solely, to be dreaded by us in the light of a maritime and commercial power; and therefore by restoring to her all the valuable West India islands, and by our concessions in the Newfoundland fishery, we have given her the means of recovering her prodigious losses and of becoming once more formidable to us at sea...all the Spanish treasures and riches in America, lay at our mercy.
All your losses will be made up to you in the resurrection, provided you continue faithful. By the vision of the Almighty I have seen it.smith, joseph, jr.
Any strategy that involves crossing a valley accepting short-term losses to reach a higher hill in the distance will soon be brought to a halt by the demands of a system that celebrates short-term gains and tolerates stagnation, but condemns anything else as failure. In short, a world where big stuff can never get done.neal stephenson
An end to our gettings is the only end to our losses.publilius syrus
Human beings are not very good at taking losses or admitting failure.
All your losses will be made up to you in the resurrection, provided you continue faithful. By the vision of the Almighty I have seen it.
Possibly you are not aware of the fact that the largest sum given by any contributor to the fund is but a trifle when compared with the losses suffered by nearly all the firms in the cotton trade during the disastrous years of the American war.
Blessings may appear under the shape of pains, losses, and disappointments; but let him have patience, and he will see them in their proper figures.
"India's bane is the profesional 'povertywallas': the politicians who have incessantly mouthed slogans such as 'garibi hathao' … and the economists who write continually about 'abysmal poverty'. Both have generally espoused policies, such as defending public sector enterprises at any cost, discounting and even opposing liberal reforms, promoting white-elephant style projects that use capital-intensive techniques on unrealistic grounds such as that they would create profits and savings when in fact they have drained the economy through losses..."
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