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As quoted at the debt clock in real time is a few months behind) You cannot legislate the poor into freedom by legislating the wealthy out of freedom.
What one person receives without working for, another person must work for without receiving.
In particular the moderating effect of cash traders depends upon deep markets that often just do not exist when insiders are either bailing out big time or jumping in deep based upon information asymmetry in inefficient markets.
As with all empirical model findings, the assumptions should be severely analyzed.
When half of the people get the idea that they do not have to work because the other half is going to take care of them, and when the other half gets the idea that it does no good to work because somebody else is going to get what they work for, that my dear friend, is about the end of any nation. Jensen Comment In a desperate attempt to propose a profit plan, GM and the United Auto Workers now advocate taxpayer funding for retiring workers in GM at age 48 and over.True, this will be an extremely painful and unpleasant process.Far from everyone can accept such measures, fearing for their capitalization, bonuses, or reputation.There is no reason to believe that we can achieve better results by shifting responsibility onto the state.Putin also echoed the words of conservative maverick Ron Paul when he said, we must assess the real situation and write off all hopeless debts and bad assets.