Pensamento do dia

How come the best talent money could buy couldn't change course at GM? How come all those smart people in the California legislature can't balance the budget? Well, that's just the way it is. An institution matures...and the parasites take it over.

Retirees, executives with their golden parachutes, the halt, the lame,
employees, managers, hangers on, lawyers, accountants, businessmen... everyone has an interest in keeping the hustle going. The executive wants his bonus...the retiree wants his pension...the lawyer wants his retainer... All can see that the old place ain't what it used to be. They all know that the gravy train won't go on forever...but that just makes them more eager to get it while the getting's good.

- Bill Bonner, Daily Reckoning.