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Jerry somebody from the Cato Institute, today on Diane Rehm: "Capitalism without the threat of bankruptcy is like Christianity without the threat of hell. It doesn't work."
From: [identity profile] dakiwiboid.livejournal.com
It can't ever have been a reasonable concept. Debtors can't really ever have worked off their debts, and unless they had families who ransomed them, the entire point of the system must have been to shame paupers. Ick.

Date: 2009-01-27 10:34 pm (UTC)
From: (Anonymous)
I listened to that show today--he was such a jerk! He sounded like he was on the Rush Limbaugh show.--7letterD

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