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Wit and Wisdom for a One Party State

A handbook for government by wishful thinking

Friday, September 19, 2008

Hell, n. A perfect storm of bad law, bad finance, and bad scholarship.

1965 G GILMORE "The law of personal property security transactions came to resemble the obscure wood in which Dante once discovered the gates of hell."
2003 W BUFFET "Reinsurance and derivatives businesses are similar. Like Hell, both are easy to enter and almost impossible to exit"
2004 K KLIESEN & F SCHMID "As also seen in the graph, countries that tend to have higher percentages of their population that believe in hell also tend to be less corrupt."


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