Misallocation of Funds Quotes

That's where all the foreign aid (which might be defined as a transfer from poor people in rich countries to rich people in poor countries) went as well. The U.S. government still squanders about $20 billion a year this way, and European governments spend proportionally even more; it's all gone straight down a giant rat hole.

If you can take my tax money and assure me that it'll go to the right purpose, that it will help the poor, then fine. But I'm not sure a lot of it does. In fact, I know a lot of it doesn't.

The extravagant expenditure of public money is an evil not to be measured by the value of that money to the people who are taxed for it.

Using official government resources to help bankroll an explicit political agenda - whether on the right or left - is flat out wrong.

The instruments of state prove too big to do the small things and too small to do the big things.

Countries that have tremendous financial resources built fabulous buildings which are half-empty, and streets which have no one on them.

The thing is, I don't believe in most of what's done. The amount of financial and imaginative energy that's put into mediocrity is just amazing which I find to be fundamentally offensive as a human being.

Abuses and perversions will of course arise and multiply in the administration of the public bounty

Hiding spending does not reduce spending.

Corruption hits hardest at the poorest in society, those with limited or no possibilities to defend themselves. But corruption affects the whole of society as well. Decisions supposedly taken for the public good are in truth motivated by a desire for private gain and result in policies and projects that impoverish rather than enrich a country.

Some may remember that, in 2010, I publicly broke ranks with my colleagues from the Quebec City area who were pushing our government to subsidize a new sports amphitheater in the city. They had seized on this popular project to... What else? Buy votes.

Common sense tells us that the government's attempts to solve large problems more often create new ones. Common sense also tells us that a top-down, one-size-fits-all plan will not improve the workings of a nationwide health-care system that accounts for one-sixth of our economy.

Anytime a large, emergency spending bill makes its way through Congress, the potential for mischief is great.

Unfortunately, Lifeline, known in some circles as the 'Obamaphone' program, is plagued by waste, fraud, and abuse.

Federal waste is a grave disservice to hardworking taxpayers across our great nation, and yet our governmental bureaucracies are riddled with it - whether through unnecessary, duplicative, inefficient, outdated, or failed agencies and programs.

We should be ashamed of ourselves. We inherited the best infrastructure on the globe from our grandparents... and we've taken that inheritance and squandered it.

Bureaucracies cling to their office space, their secretaries [assistants], their official cars, and their every allotted dollar and personnel position with a tenacity that drowning men might well envy.

Data indicate that taxpayers may be paying their public servants more than a little too much.

Frankly, earmarking is not the problem. It is a symptom of the problem.

It's wasteful spending like this that not only forces tax increases and cuts in vital services... but also really make you wonder: who is City Hall looking out for?

Many developing nations have such severe debt and budget problems that the money given by developed nations will never be spent the way it is intended.

Corporate trading is vicious in principle. The directors of such companies, being the managers rather of other people's money than of their own, it cannot well be expected that they should watch over it with the same anxious vigilance with which the partners in a private copartnery frequently watch over their own … Negligence and profusion must always prevail, more or less, in the management of the affairs of such a company

To pay out millions upon millions of dollars in bonuses for incomplete work, poor performance, and unacceptable products is the height of government waste and mismanagement.

Look, Congress has allocated more money to finance the upcoming Iraqi elections than it has for the American elections. There's something wrong with that.

The federal government has been a proven failure in picking winners and losers in the energy sector.