By Monty Pelerin , posted December 3rd, 2009 http://www.economicnoise.com/2009/12/03/jimmy-stewart-wouldnt-run-these-banks/ Frank Capra’s George Bailey of Bailey Savings and Loan would surely not recognize our banking system or its accounting. However, Mr. Potter, George’s evil competitor...
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Monty Pelerin
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Thu, Dec 3 2009
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Filed under: economy, politics, financial system, Government, economics, morality, ethics, insolvency, bankruptcy, credibility, integrity, failing
We tend to forget that government, politics, and economics are not the same thing. The word politics and the phrase political party don’t even occur in the U.S. Constitution or the Bill of Rights. Nor is the word economy even implied in either of these documents. In fact, George Washington, the...
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FutbolGuru
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Mon, Feb 23 2009
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Filed under: capitalism, government, politics, greed, selfishness, nepotism, free market, materialism, hedonism, economics