A Quote by Thomas Sowell

Compassion is the use of public funds to buy votes

Thomas Sowell

Quote Topics

Buy Compassion Funds Public Use Votes

Quote Author

Thomas Sowell
American - Economist
Born: June 30, 1930

If one is to use public funds he must accept a responsibility to the public.

Thomas Francis, Jr.

Those who want luxury cars should buy them at market rates and not ... abuse public funds.

Gideon Gono

Mutual funds charge 2% per year and then brokers switch people between funds, costing another 3-4 percentage points. The poor guy in the general public is getting a terrible product from the professionals. I think it's disgusting. It's much better to be part of a system that delivers value to the people who buy the product. But if it makes money, we tend to do it in this country.

Charlie Munger

I am opposed to the use of public funds for private education.

Jonathan Kozol

If we allow public funds to be used to support our relatively benign, morally grounded schools, we will have to allow those public funds to be used for any type of private school.

Jonathan Kozol

The public schools are supported entirely, in most communities, by public funds-funds exacted not only from parents, nor alone from those who hold particular religious views, nor indeed from those who subscribe to any creed at all.

William J. Brennan

The philosophy to 'buy and hold' is a philosophy that I use to manage funds.

Michael Lee-Chin

We don't know what proportion of public funds is regularly lost to collusion and corruption. Is it 25 per cent? 30 per cent? We do know that a portion of these public funds are feeding organized crime.

Pauline Marois

I buy the market through index funds. Since I'm getting older, I buy TIPS.

Eugene Fama

Even fans of actively managed funds often concede that most other investors would be better off in index funds. But buoyed by abundant self-confidence, these folks aren't about to give up on actively managed funds themselves. A tad delusional? I think so. Picking the best-performing funds is 'like trying to predict the dice before you roll them down the craps table,' says an investment adviser in Boca Raton, FL. 'I can't do it. The public can't do it.'

Paul Samuelson

I've found that when the market's going down and you buy funds wisely, at some point in the future you will be happy. You won't get there by reading 'Now is the time to buy.'

Peter Lynch

If eviction has these massive consequences that we all pay for, a very smart use of public funds would be to invest in legal services for folks facing eviction.

Matthew Desmond

Live with compassion. Work with compassion. Die with compassion. Meditate with compassion. Enjoy with compassion. When problems come, experience them with compassion.

Thubten Zopa Rinpoche

Where the federal government and the taxpayer has had funds misused, we need to use the full extent of the law to get those funds back for the taxpayer.

Sylvia Mathews Burwell

In a word, unions are not entitled to use retirement funds to raise costs at the companies where the funds are invested. And unionized corporations are not required to permit this. Rather, management trustees and the Labor Department are obligated to prevent it.