Entire post lifted from European Tribune
…Analogies are never perfect, but here’s one using horse racing. Don’t expect a perfect correspondence to the banking situation, but I think it is close enough for government work.
Joe goes to the track and bets $2 on a horse.
Two guys standing nearby get into a discussion and Fred says to [...]
“…The mania finally ended, Mackay says, with individuals stuck with the bulbs they held at the end of the crash—no court would enforce payment of a contract, since judges regarded the debts as contracted through gambling, and thus not enforceable by law.” Wikipedia’s Featured Article for today.
Very funny, folks.
28 Aug
This is the best video ever. If you have been surfing around for the past two months you have probably already seen it. I am sure you will want to see it again, because after all, it is the best video ever.
Where the Hell is Matt? (2008) from Matthew Harding on Vimeo.
It makes [...]
28 Jul
Tomorrow I’ll go to work. I found a job, and it didn’t even take two months. I’m feeling pretty lucky.
Several weeks ago, a neighbor offered to introduce me to a friend of his, a partner at the whitest of white shoe law firms in Philadelphia. We chatted and we both realized that [...]
Category: U.S. Stories