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.
[I]f knowing is work, exclusively work, then the one who knows, knows only the fruit of his own, subjective activity, and nothing else. There is nothing in his knowing that is not the fruit of his own efforts; there is nothing "received" in it. […]It is the mark of "absolute activity" (which Goethe said "makes one bankrupt, in the end"); the hard quality of not-being-able-to-receive; a stoniness of heart, that will not brook any resistance — as expressed once, most radically, in the following terrifying statement: "Every action makes sense, even criminal acts ... all passivity is senseless."josef pieper
The Government cannot afford to have a country made up entirely of rich people, because rich people pay so little tax that the Government would quickly go bankrupt. This is why Government men always tell us that labor is man's noblest calling. Government needs labor to pay its upkeep.russell baker
Any system of economics is bankrupt if it sees either value or virtue in unemployment.jimmy carter
Antonius [i. e., C. Antonius Hybrida] heartily agreed with him [i. e., M. Tullius Cicero] that the budget should be balanced, that the Treasury should be refilled, that public debt should be reduced, that the arrogance of the generals should be tempered and controlled, that assistance to foreign lands should be curtailed lest Rome become bankrupt, that the mobs should be forced to work and not depend on government for subsistence, and that prudence and frugality should be put into practice as soon as possible.taylor caldwell
I've gone bankrupt about four times now. Every dollar I earn goes on the show.lady gaga
It's not that everything needs to have substance, but when nothing does then you know we’re living in a bankrupt society, an artistically bankrupt society, and that’s not okay. I think there’s room for forms of entertainment that are very light and frivolous and fun, but when those forms of entertainment, forms of "art" if you will, become presented as something more than that, and are believed to be something more than that, then we’ve got a lot of problems.davey havok
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
Pushing people forward simply because of their colour, irrespective of merit, would be most unfortunate and would of course lead to disaster. It would mean that Rhodesia would then develop into a kind of banana republic where the country would in no time be bankrupt.ian smith
I think that argument is completely morally bankrupt, and I think people know that when they make it. There's a very big difference between having a sincere, passionate interest in a topic and being a paid shill ... Particularly for PR firms, it's something they should really very strongly avoid: ever touching an article.jimmy wales
The US its bankrupt mortgage institutions nationalised and its gigantic war machine effectively funded by foreign borrowing is in steep decline. With its financial system in the worst mess since the 1930s, the west's ability to shape events is dwindling by the day. Sermonising about "law-based international relations" is laughable after Iraq, and at bottom not much more than nostalgia for a vanished hegemony.john n. gray
The more I learnt about this cheeky – almost rebellious – company, the more it appealed to me, as it unapologetically pointed to an alternative in a complacent and creatively bankrupt industry. Apple stood for something and had reason for being that wasn't just about making money.jonathan ive
The subscription model of buying music is bankrupt. I think you could make available the Second Coming in a subscription model and it might not be successful.steve jobs
May he be cursed on earth who gives his trust to virtue, that bankrupt crone who takes our life's pure gold and gives but bad receipts for payment in the lower world. Ah, passers-by that stroll, travelers that come and go, all that I had, I placed on virtue, and lost the game!Nikos Kazantzakis
Nearly everyone who is unemployed votes "Democrat." Nearly every immigrant, at least in the first generation, votes "Democrat." Nearly every non-white American votes "Democrat." The GOP know that so intellectually and financially bankrupt an administration should never have been re-elected – indeed, given the scale of electoral fraud practiced by the “Democrats,” he may not actually have been re-elected (always supposing that he had the constitutional right to hold the office of president in the first place).christopher monckton
When America's creditors consider our behavior they see total fiscal irresponsibility. They see a deluded country that acts as if it is a privilege for foreigners to lend to it, and a deluded country that believes that foreigners will continue to accumulate US debt until the end of time. The fact of the matter is that the US is bankrupt.paul craig roberts
A refund for defective software might be nice, except it would bankrupt the entire software industry in the first year.
The budget should be balanced, the treasury should be refilled, public debt should be reduced, the arrogance of officialdom should be tempered and controlled, assistance to foreign lands should be curtailed lest Rome become bankrupt, the mobs should be forced to work and not depend on government for subsistence.
His services are like so many white elephants, of which nobody can make use, and yet that drain one's gratitude, if indeed one does not feel bankrupt.
Sarcasm is the last refuge of the imaginatively bankrupt.Cassandra Clare
Evolution is a bankrupt speculative philosophy, not a scientific fact. Only a spiritually bankrupt society could ever believe it. Only atheists could accept this Satanic theory.