The Definition of Madness
No, it’s not Baggy Trousers!
The definition of madness: repeating the same behaviour, over and over again, but expecting it to have a different result.
So, let me see, we gave vast amounts of money to the banks in 2008, expecting that to end the financial crisis. We gave them more in 2009, expecting that to end the financial crisis. We gave them even more in 2010. Surely that would bring an end to the financial crisis. But no. On it ground. So now, in 2011, we’re going to dole out trillions to the banks. This really is madness.
On the other hand, what a wonderful wheeze. Tax the poor and the middle classes and give their money to the super rich. It’s amazing what you can get politicians to agree to over the petits fours.