Tuesday, September 30, 2008

Wisdom on the Bailout

Hon. Abraham Lincoln

"It is an old maxim and a very sound one, that he that dances should always pay the fiddler. Now, sir, in the present case, if any gentlemen, whose money is a burden to them, choose to lead off a dance, I am decidedly opposed to the people’s money being used to pay the fiddler. . . All this to settle a question in which the people have no interest, and about which they care nothing. These capitalists generally act harmoniously, and in concert, to fleece the people, and now, that they have got into a quarrel with themselves, we are called upon to appropriate the people’s money to settle the quarrel." -- Abraham Lincoln, Illinois State Legislature, January, 1837.

Found at This Modern World

Bail boats, not markets. On Whidbey Island.

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