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an economics professor at school had a strict policy that the hourly examinations were to be completed at the bell and anyone who kept writing on their exam after the bell would take a zero on the exam. well, one guy kept writing on his exam for a while after the bell and then confidently strode up to turn it in. the professor looked at him and said, "don`t bother to hand that paper in... you get a zero for continuing after the bell." the guy looked at him and said, "professor, do you know who i am!" the professor replied, "no, and i don`t care if your dad is president of the united states...you get a zero on this exam" the guy, with a enraged look on his face, shouted, "you mean you have no idea who i am?" the professor responded, "no, i`ve no idea who you think you are." with that, the guy said "good!" plunged his exam into the middle of the stack of other student`s exams, and did a hasty retreat from the examination room!
seth has no partner for home ec.
it costs the us 134 million dollars to make..80 million dollars in pennies.
have a bullet for free.
brought to you by good magazine.
talks steven levitt: why do crack dealers still live with their moms?
why has astrology been invented? so that economics could be an accurate science.
kiss my rich ass!
oil companies not making enough money.
do what the book says, damn it.
the current economic crisis demands that we understand john mccain's attitudes about economic oversight and corporate influence in federal regulation. nothing illustrates the danger of his approach more clearly than his central role in the savings and loan scandal of the late '80s and early '90s. john mccain was accused of improperly aiding his political patron, charles keating, chairman of the lincoln savings and loan association. the bipartisan senate ethics committee launched investigations and formally reprimanded senator mccain for his role in the scandal. today, john mccain is the only major party presidential nominee in us history to have been rebuked, censured or otherwise admonished after a congressional ethics investigation. at the heart of the scandal was keating's lincoln savings and loan association, which took advantage of deregulation in the 1980s to make risky investments with its depositors' money. mccain intervened on behalf of charles keating with federal regulators tasked with preventing banking fraud, and championed legislation to delay regulation of the savings and loan industry -- actions that allowed keating to continue his fraud at an incredible cost to taxpayers. when the savings and loan industry collapsed, keating's failed company put taxpayers on the hook for $3.4 billion and more than 20,000 americans lost their savings. john mccain was reprimanded by the bipartisan senate ethics committee, but the ultimate cost of the crisis to american taxpayers reached more than $120 billion. the keating scandal is eerily similar to today's credit crisis, where a lack of regulation and cozy relationships between the financial industry and congress has allowed banks to make risky loans and profit by bending the rules. and in both cases, john mccain's judgment and values have placed him on the wrong side of history.
