Financial Mismanagement Quotes

The principle of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale

Socialist governments traditionally do make a financial mess. They always run out of other people's money. It's quite a characteristic of them.

A democracy always collapses over loose fiscal policy followed by a dictatorship. The average age of the world's greatest civilizations has been 200 years.

Socialist governments traditionally do make a financial mess. They always run out of other people's money.

Who maintains the pubs and makes the peasants drunk? The peasant. Who embezzles the village, school, and parish funds and spends it all on drink? The peasant. Who robs his neighbor, sets fire to his house, and perjures himself in court for a bottle of vodka? The peasant.

It's not fair to say that Congress spends money like a drunk sailor. At least the sailor is spending his own money!

...an economic ignoramus unfit to oversee a fifty-cent raffle.

The Cancer Society here in Nova Scotia is doing nothing, and money is being wasted. I would love to get my hands on the people in Halifax.

One of the things the government can't do is run anything. The only things our government runs are the post office and the railroads, and both of them are bankrupt.

We shouldn’t be lending money to corrupt officials. We should be guarded in our generosity.

The course of unbalanced budgets is the road to ruin

We were right about the slush fund. But Sloan did not testify about it to the Grand Jury.

In those days, even as a boy, I watched some people that I knew were living way beyond their means.

Local government is a gamble that can have disastrous consequences when it fails.

The history of government management of money has, except for a few short happy periods, been one of incessant fraud and deception.

I cannot consent to act the part of a mere financier, to become a contriver of taxes, a dealer of loans, a seeker of resources for the purposes of supporting useless baubles, of increasing the number of idle and dissipated members of the community, of fattening contractors, pursers, and agents, and of introducing … patronage, corruption, and rottenness which you so justly execrate.

The savings and loan scandals grew in the dark basements of official government secrecy.

Madame Deficit

The Pentagon is the Poster Child for waste in Government.

That's why we don't give the government extra money as conservatives because government generally stinks at spending money. That's why!

One mode of the misappropriation of public funds is avoided when appointments to office, instead of being the rewards of partisan activity, are awarded to those whose efficiency promises a fair return of work for the compensation paid to them.

Many financial and industrial companies have been bailed out with the public's money, but very few of those who had run those companies have been punished for their failures. Yes, the top managers of those companies have lost their jobs - but with a fat pension and mostly with a handsome severance payment.

We always felt that there was some hanky-panky going on with our money. We were the No. 1 group in the world, but we weren't paid like that.

In politics, throwing the taxpayers' money at disasters is supposed to show your compassion. But robbing Peter to pay Paul is not compassion. It is politics.

The collapse of Enron and the subsequent collapse of Arthur Andersen were tremendous tragedies. But as I stated at the time of my indictment on July 8, 2004, failure does not equate to a crime.