Vietnam or Thailand ? Vote for the TOP Country of the Week !
Updated: June 8, 2025
The large development of industrial units with possible cessation of production and service, through strikes and lockouts, penalizes the public. The public is not content to see these conflicts go on, for they do not alone represent loss in production, and thus lowering of the standard of living, but also they may, by suspension of public service, jeopardize the life of the community.
See an interesting chapter in Faguet's Liberalisme, which points out that the common saying that thought is free is negated by any inquisition which compels a man to disclose opinions, and penalizes him if they are not such as to suit the inquisitor. Great changes are not caused by ideas alone; but they are not effected without ideas.
The House Bill fails, on the other hand, to impose certain taxes the effect of which is to promote saving. Intentionally or not, yet effectively, it penalizes certain callings and sections of the country and favors others. Let me say at the outset that my criticism does not refer to the principle of an eighty per cent. war profits tax.
These United States are confronted with an economic affliction of great proportions. We suffer from the longest and one of the worst sustained inflations in our national history. It distorts our economic decisions, penalizes thrift, and crushes the struggling young and the fixed-income elderly alike. It threatens to shatter the lives of millions of our people.
Only a Candide would expect to see her moved by altruism and self-denial, in a company which penalizes these virtues. Community of interests is the link that binds Japan to Britain. A like bond had subsisted between her and Tsarist Russia. I helped to create it. Her statesmen, who have no taste for sonorous phraseology, did not think it necessary to give it a more fashionable name.
When a system penalizes work, breaks up homes, robs recipients of dignity, there is no alternative to abolishing that system and adopting in its place the program of income support, job training, and work incentives which I recommended to the Congress last year. Second, the time has come to assess and reform all of our institutions of government at the Federal, State, and local level.
While long term capital flows should be completely liberalized, encouraged and welcomed the short term, "hot money" type should be controlled and even discouraged. The less attractive Malaysian model springs to mind. It is less attractive because it penalizes both the short term and the long term financial players.
When a system penalizes work, breaks up homes, robs recipients of dignity, there is no alternative to abolishing that system and adopting in its place the program of income support, job training, and work incentives which I recommended to the Congress last year. Second, the time has come to assess and reform all of our institutions of government at the Federal, State, and local level.
The professional spirit seeks professional integrity, from pride, not from compulsion. The professional spirit detects its own violations and penalizes them. Business will some day become clean. A machine that stops every little while is an imperfect machine, and its imperfection is within itself. A body that falls sick every little while is a diseased body, and its disease is within itself.
Word Of The Day
Others Looking