When I got into the industry more than 50 years ago, finance was an adjunct to the real economy. Basically it was used to finance real growth. But today it’s become the dominant factor in the world. That is, finance is running the world and the real economy is kind of a sideline. It’s the adage about the tail wagging the dog. But in this instance the tail is swinging the dog around the room and banging it off all four walls until it’s comatose. And that’s basically what’s happening to the real economy -- it’s going to be comatose before this is over. -- John Embry
The Agenda with Steve Paikin - Chris Hedges: America, The Farewell Tour
The Agenda welcomes Pulitzer Prize-winning journalist Chris Hedges, who over the past decade and a half has made his name as a columnist, activist and author. He's been a vociferous public critic of presidents on both sides of the American political spectrum, and his latest book, 'America, the Farewell Tour,' is nothing short of a full-throated throttling of the political, social, and cultural state of his country.
Baby Frog: Mama, who is smarter- a chicken or a frog? Mama Frog: We are of course!!
Baby Frog: How do you know? Mama Frog: Well, who ever heard of Kentucky Fried Frog?
- - -
Why are frogs so happy? They eat whatever bugs them!