Insanity is doing the same thing over and over again and expecting different results.Sadly, it seems that the above quote qualifies as profound wisdom to our folks in government. In the past week, we have seen the re-bailout of Citi, the re-bailout of AIG, and the re-birth of the bad bank.
-- Albert Einstein
Do we really need someone of Einstein's intelligence to realize that the same-old bailout is just not working?
1 comment:
Einstein may have said it but it's false (and actually symptomatic of his refusal to accept quantum physics). This is easily seen when you add a random element to your activity. Although you may perform the same action, the outcome will differ depending on the random variable.
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