Quote/Unquote

…the only regulation that will ever work is failure… Businesses should fail, that’s the way the system was designed.

Rick Santelli in an interview on King World News

Two years ago, Congress had a chance to keep the economy from tanking. All they had to do was let the banks fail. They didn’t do it because the criminal class, a.k.a. Wall Street Bankers and their minions, ([cough] Paulson, Bernanke, Summers & Geithner [cough]), convinced them that if they let the banks fail, the economy would tank. So Congress gave the bankers roughly nine hundred gazillion dollars so that the economy wouldn’t tank. The bankers got big bonuses, and the economy tanked anyway.

Failure is a good thing. It is God’s/Nature’s/The Universe’s way of saying “You’re doing it wrong”.

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Jack

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03

07 2010

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