Eliot Spitzer
Don't reward bad behavior. It is one of the first rules of parenting. During the financial cataclysm of 2008, we said it differently. When we bailed out banks that had created their own misfortune, we called it a 'moral hazard', because the bailout absolved the bank's bad acts and created an incentive for it to make the same bad loans again.
More quotes and aphorisms
The relation between parents and children...I feel that God has given me a very special opportunity...In long term investments, you don't need day...There is this myth, that America is a melting pot...Don't talk to me about naval tradition...To one who has faith, no explanation is necessary...
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