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Louis O. Kelso Quotes: The way the system now works, credit is extended to those who don't need it and denied to those who are in desperate need of it.
         

The way the system now works, credit is extended to those who don't need it and denied to those who are in desperate need of it.


Louis O. Kelso
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Other quotes of Louis O. Kelso


Everyone should own a piece of the wealth-producing capital of this country, but not everyone can be a manager. Or should be.

Everyone should own a piece of the wealth-producing capital of this country, but not everyone can be a manager. Or should be.



Labor is the source of subsistence, capital is the source of affluence. My idea is to make everyone a capitalist, and therefore, financially secure.

Labor is the source of subsistence, capital is the source of affluence. My idea is to make everyone a capitalist, and therefore, financially secure.



The uneasy ghost of Marx must suffer the torments of the damned at the truth glaring from the pages of history that one does not abolish property by transferring it to the state.

The uneasy ghost of Marx must suffer the torments of the damned at the truth glaring from the pages of history that one does not abolish property by transferring it to the state.



Hard-core structural poverty has a counterpart at the apex: hard-core structural affluence.

Hard-core structural poverty has a counterpart at the apex: hard-core structural affluence.



The point is to make the pie grow faster and distribute the new growth more equitably.

The point is to make the pie grow faster and distribute the new growth more equitably.



There is no future for those who cannot or will not think.

There is no future for those who cannot or will not think.



Most of us owe instead of own. And the less the economy needs our labor, the less able we are to "save" our way to capital ownership.

Most of us owe instead of own. And the less the economy needs our labor, the less able we are to "save" our way to capital ownership.



Technology has no function except to save labor. Yet how often do we hear that the purpose of new capital formation is to create jobs?

Technology has no function except to save labor. Yet how often do we hear that the purpose of new capital formation is to create jobs?



We have an economic policy that is just about 10,000 years out of date.

We have an economic policy that is just about 10,000 years out of date.



The sole missing link is the recognition that the acquisition of capital ownership by the millions is an indispensable goal. That is the turning point - our recognition of the proper goal.

The sole missing link is the recognition that the acquisition of capital ownership by the millions is an indispensable goal. That is the turning point - our recognition of the proper goal.





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The man who interprets Nature is always held in great honor.

The man who interprets Nature is always held in great honor.



Art is the highest form of hope.

Art is the highest form of hope.



Nothing dispels enthusiasm like a small admission fee.

Nothing dispels enthusiasm like a small admission fee.



That's one thing about me, and I think that's what most of my fans enjoy about me, that I don't hold nothing back. I do exactly what I want to do, and say exactly what I want to say.

That's one thing about me, and I think that's what most of my fans enjoy about me, that I don't hold nothing back. I do exactly what I want to do, and say exactly what I want to say.



[My wife Margot] was the - I guess, the coordinator or the production manager [of The Jazz Review], and we got to know each other and we married.

[My wife Margot] was the - I guess, the coordinator or the production manager [of The Jazz Review], and we got to know each other and we married.



I have sung for Americans of every political persuasion, and I am proud that I never refuse to sing to an audience, no matter what religion or color of their skin, or situation in life.

I have sung for Americans of every political persuasion, and I am proud that I never refuse to sing to an audience, no matter what religion or color of their skin, or situation in life.



Anaximander says that men were first produced in fishes, and when they were grown up and able to help themselves were thrown up, and so lived upon the land.

Anaximander says that men were first produced in fishes, and when they were grown up and able to help themselves were thrown up, and so lived upon the land.



Going to a junkyard is a sobering experience. There you can see the ultimate destination of almost everything we desired.

Going to a junkyard is a sobering experience. There you can see the ultimate destination of almost everything we desired.



I love being the age I am, because if there's enough pain or grief, I have enough experience now to realize that there's joy coming around the corner.

I love being the age I am, because if there's enough pain or grief, I have enough experience now to realize that there's joy coming around the corner.




Quote Description


This page presents the quote "The way the system now works, credit is extended to those who don't need it and denied to those who are in desperate need of it.". Author of this quote is Louis O. Kelso. This quote is about way, desperate, credit, wisdom, denied, needs,.