Our Coming Depression

Discussion in 'Financial Cents' started by ozarkgoatman, Jan 28, 2009.


  1. ozarkgoatman

    ozarkgoatman Resident goat herder

    It's a long read but a pretty good.

    http://seekingalpha.com/article/98769-our-coming-depression
    "Gentlemen, I have had men watching you for a long time, and I am convinced that you have used the funds of the bank to speculate in the breadstuffs of the country. When you won, you divided the profits amongst you, and when you lost, you charged it to the bank. You tell me that if I take the deposits from the bank and annul its charter, I shall ruin ten thousand families. That may be true, gentlemen, but that is your sin! Should I let you go on, you will ruin fifty thousand families, and that would be my sin! You are a den of vipers and thieves. I intend to rout you out, and by the eternal God, I will rout you out." (President Andrew Jackson 1832)
    Contrast the words of President Andrew Jackson who had a strong moral compass and a firm grasp of right and wrong to the words of our current President, George W. Bush.

    OGM
     
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