Sunday, February 15, 2009

Quote Of The Day.

The whole financial structure of Wall Street seems to rise or fall on the mere fact that the Federal Reserve Bank raises or lowers the amount of interest. Any business that can't survive a one percent change must be skating on thin ice.
Why even the poor farmer took a raise of ten percent just to get a loan from the bank, and nobody from the government paid any attention. But you let Wall Street have a nightmare and the whole country has to help to get them back into bed again.
Will Rogers, August 12, 1929

The more things change the more they stay the same.

1 comment:

  1. OK gus...heres one for you. Howbout the fahkin stimulus package...it is what an old wise mexican man told me one day - a peeso chit. How the f is a climate study going to help stimulate the economy....how bout the section about US steel...all projects in this bill will be constructed with US steel.....UNLESS it is found to be inferior, is unavailable or (aint this a kick in the nuts) is 25% more expensive. HMMMMMM Oh and there is more hidden gems in there, in the way of ammendmants to existing acts....look up some, I have and can't seem to find where the amendmandts match up. How bout the money to save the rat or mouse or shrew or whatever the fuck it is...Pull the f outta me...

    ReplyDelete