It's surprising Hemphill became a highly-placed banker with such an attitude. Maybe he had a conversion experience, an epiphany, because academia and the banker training infrastructure carefully avoid this truth, in order to keep the system intact. PS David, "the poor" will do no harm to the system by not honoring it, only to themselves, as I see it. The system has a lock on our spending priorities, -able to starve any opposition. What's become of Hemphill? Is the system managing to "starve" him?