“As a rule, panics do not destroy capital; they merely reveal the extent to which it has been destroyed by its betrayal into hopelessly unproductive works.”

Excellent, and all too relevant to today's capital crisis!

I just wish I knew more about John Mills.

"Too big to fail" and "Too big to Jail" are very bad precedents that have been set.

The Banksters and our "leaders" need discipline and so far we have failed in doing our duty.

Cheers,

b