[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
=========================================================
"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 Š  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 Š  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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