I think you may need to specify translation or edition; eg. I don't see anything similar in http://en.wikisource.org/wiki/The_Analects/Section_3#Part_15
It's translated as
The Master said, "To have faults and not to reform them,-this, indeed, should be pronounced having faults."
there. The wikisource/Legge translation is more literal, but I'm not sure it's better.
Every month on the month, Less Wrong has a thread where we post Deep Wisdom from the Masters. I saw that nobody did this yet for December for some reason, so I figured I could do it myself.
* Please post all quotes separately, so that they can be voted up/down separately. (If they are strongly related, reply to your own comments. If strongly ordered, then go ahead and post them together.)
* "Do not quote yourself." --Tiiba
* Do not quote comments/posts on LW/OB. That's like shooting fish in a barrel. :)
* No more than 5 quotes per person per monthly thread, please.