[MCN] The president promised better life for the little guy
Lance Olsen
lance at wildrockies.org
Sat Feb 4 09:44:09 EST 2017
Labor Nominee's Fight for Owners Got an Early Start
By RUSS BUETTNER and NOAM SCHEIBER
As a young lawyer, Andrew Puzder led the defense
for his boss, a famous mob lawyer and casino
owner accused of squandering millions from his
workers' pension funds.
https://www.nytimes.com/2017/02/03/us/politics/andrew-puzder-labor-secretary.html
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"Real estate speculation must be as old as the
land -- in the United States, it is certainly as
old as the frontier -- and the first bad bank
loan was no doubt made around the time of the
opening of the first bank."
"Still, the boom of the 1980s was unique. Not
only did creditors lend more freely than they had
in the past, but the government intervened more
actively than it had ever done before to absorb
the inevitable losses."
James Grant.
Money of the Mind : Borrowing and Lending in
America from the Civil War to Michael Milken.
Introduction, p.5.
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"Climate scientist James Hansen has suggested
that 350 ppm was the concentration beyond which
it was unsafe to go." "Unquestionably we are
beyond where we should be."
Thomas E. Lovejoy, Tim Flannery and Achim Steiner
International Herald Tribune
Monday, October 27, 2008
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"The tendency for success to breed complacency
and recklessness is as ingrained in financial
markets as it is in any other walk of life."
"Banks: Barbarians at the vault."
The Economist, May 15, 2008
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"Man is alone, abandoned on earth in the midst
of his infinite responsibilities, without help,
with no other aim than the one he sets himself,
with no other destiny than the one he forges for
himself, on this earth."
Jean-Paul Sartre (1905-1980)
========================================================
"The atmospheric engine is subtle in it operation
and delicate in its adjustments. Extra inputs of
energy can have significant and far-reaching
consequences."
Singer, Fred S. "Human Energy Production as a
process in the biosphere," Scientific American,
September 1970.
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