James Brody
March 14th, 2009, 12:07 PM
Inclusive fitness usually explains sacrifices by wealthier members to those less wealthy. Aside, that is, from the old guy in the older Testament who was to slay his son for God's good will. The bailout appears to be a reversal of Hamiltonian custom or, maybe, Bill missed something...
JimB
"This is the biggest generational transfer of wealth in the history of the world. If you're an 18-year-old middle-class hopeychanger, look at the way your parents and grandparents live: It's not going to be like that for you. You're going to have a smaller house, and a smaller car – if not a basement flat and a bus ticket. You didn't get us into this catastrophe. But you're going to be stuck with the tab, just like the Germans got stuck with paying reparations for the catastrophe of the First World War. True, the Germans were actually in the war, whereas in the current crisis you guys were just goofing around at school, dozing through Diversity Studies and hoping to ace Anger Management class. But tough. That's the way it goes."
More at http://www.ocregister.com/articles/old-percent-young-2334863-generation-year
Also at http://article.nationalreview.com/?q=ZmM4NDRiNzEwOGRkNzI2MTQwODdkMDU1Nzc5N2M1YmE=
JimB
"This is the biggest generational transfer of wealth in the history of the world. If you're an 18-year-old middle-class hopeychanger, look at the way your parents and grandparents live: It's not going to be like that for you. You're going to have a smaller house, and a smaller car – if not a basement flat and a bus ticket. You didn't get us into this catastrophe. But you're going to be stuck with the tab, just like the Germans got stuck with paying reparations for the catastrophe of the First World War. True, the Germans were actually in the war, whereas in the current crisis you guys were just goofing around at school, dozing through Diversity Studies and hoping to ace Anger Management class. But tough. That's the way it goes."
More at http://www.ocregister.com/articles/old-percent-young-2334863-generation-year
Also at http://article.nationalreview.com/?q=ZmM4NDRiNzEwOGRkNzI2MTQwODdkMDU1Nzc5N2M1YmE=