Friday, January 2, 2015

William Gaddis predicts 2008 in his 1975 novel JR

"Stressing the vital necessity of expanded capital formation unimpeded by governmental restraints, Senator Broos' impassioned plea for a restoration on the part of the common man in the free enterprise system as the cornerstone of those s.o.b.s who still think winning's what it's all about give them a string of high p e ratios and a rising market it's all free enterprise all they howl about's government restraints interference double taxation, all free enterprise till they wreck the whole thing they're the first ones up there with a tin cup whining for the government to bail them out with a loan guarantee so they can do it all over again..."  (William Gaddis, JR, 1971, pg. 683)

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