SHUTTING DOWN SOME OF THE BETRAYAL MACHINE OF THE ROTS-CHILD IS-RA HELL'S FINANCIAL PAEDOPHILIA CULTISTS |
ZIONISTS TERRORIZE WORLD EARTH GLOBAL SO THE PENTAGON CAN SAVE USA ET AL |
SCORPIONS GOT MEANER AND MORE WICKED AND GREW THE PENTAGON INTO THE RECIPIENT OF THE NEW WORLD ORDER STAND DOWN ON SEPTEMBER 11, 2001, TIME TO SHUT THE MOFO DOWN |
Conservatives should view control frauds as the supreme evil that they will devote their lives to eradicating. Control frauds are the ultimate betrayal of capitalism. First, they are the elite face of capitalism that gives capitalism a terrible name. They become wealthy not because they are skilled, innovative, or willing to take risk but because they cheat – and George Akerlof and Paul Romer aptly characterized cheating as a “sure thing” in their famous 1993 article – “Looting: The Economic Underworld of Bankruptcy for Profit.”
“[M]any economists still [do] not understand that a combination of circumstances in the 1980s made it very easy to loot a [bank] with little risk of prosecution. Once this is clear, it becomes obvious that high-risk strategies that would pay off only in some states of the world were only for the timid. Why abuse the system to pursue a gamble that might pay off when you can exploit a sure thing with little risk of prosecution?” (Akerlof & Romer 1993: 4-5).
http://www.nakedcapitalism.com/2013/10/bill-black-why-do-conservatives-oppose-prosecuting-elite-corporate-frauds.html
http://theartof12.blogspot.com/2013/01/blog-post_28.html
Read more at http://www.nakedcapitalism.com/2013/10/bill-black-why-do-conservatives-oppose-prosecuting-elite-corporate-frauds.html#VppoQgWgOvBErLik.99
Conservatives
should view control frauds as the supreme evil that they will devote
their lives to eradicating. Control frauds are the ultimate betrayal of
capitalism. First, they are the elite face of capitalism that gives
capitalism a terrible name. They become wealthy not because they are
skilled, innovative, or willing to take risk but because they cheat –
and George Akerlof and Paul Romer aptly characterized cheating as a
“sure thing” in their famous 1993 article – “Looting: The Economic
Underworld of Bankruptcy for Profit.”
Read more at http://www.nakedcapitalism.com/2013/10/bill-black-why-do-conservatives-oppose-prosecuting-elite-corporate-frauds.html#VppoQgWgOvBErLik.99
“[M]any economists still [do] not understand that a combination of circumstances in the 1980s made it very easy to loot a [bank] with little risk of prosecution. Once this is clear, it becomes obvious that high-risk strategies that would pay off only in some states of the world were only for the timid. Why abuse the system to pursue a gamble that might pay off when you can exploit a sure thing with little risk of prosecution?” (Akerlof & Romer 1993: 4-5).
Read more at http://www.nakedcapitalism.com/2013/10/bill-black-why-do-conservatives-oppose-prosecuting-elite-corporate-frauds.html#VppoQgWgOvBErLik.99
Conservatives
should view control frauds as the supreme evil that they will devote
their lives to eradicating. Control frauds are the ultimate betrayal of
capitalism. First, they are the elite face of capitalism that gives
capitalism a terrible name. They become wealthy not because they are
skilled, innovative, or willing to take risk but because they cheat –
and George Akerlof and Paul Romer aptly characterized cheating as a
“sure thing” in their famous 1993 article – “Looting: The Economic
Underworld of Bankruptcy for Profit.”
Read more at http://www.nakedcapitalism.com/2013/10/bill-black-why-do-conservatives-oppose-prosecuting-elite-corporate-frauds.html#VppoQgWgOvBErLik.99
“[M]any economists still [do] not understand that a combination of circumstances in the 1980s made it very easy to loot a [bank] with little risk of prosecution. Once this is clear, it becomes obvious that high-risk strategies that would pay off only in some states of the world were only for the timid. Why abuse the system to pursue a gamble that might pay off when you can exploit a sure thing with little risk of prosecution?” (Akerlof & Romer 1993: 4-5).
Read more at http://www.nakedcapitalism.com/2013/10/bill-black-why-do-conservatives-oppose-prosecuting-elite-corporate-frauds.html#VppoQgWgOvBErLik.99
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