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The impulse to increase profits can blind men to risk, especially when those at risk are strangers. Society imposes rules on corporate behavior to pr… - David Cay Johnston
" "The impulse to increase profits can blind men to risk, especially when those at risk are strangers. Society imposes rules on corporate behavior to protect public safety in the face of baser impulses. These rules require enforcement...
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About David Cay Johnston
(born December 24, 1948) is an American investigative journalist and author specializing in economics and tax issues. He won the 2001 , and from 2009 to 2016 he was a Distinguished Visiting Lecturer at Syracuse University, Martin J. Whitman School of Management and College of Law, teaching tax, property, and regulatory law of the ancient world. From 2011 to 2012 he was a columnist for , writing, and producing video commentaries on worldwide issues of tax, accounting, economics, public finance and business. In recent years he has also written for and , and is the board president of , Inc. (IRE).
Also Known As
Birth Name:
David Cay Boyle Johnston
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DC Report
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Additional quotes by David Cay Johnston
[O]ur Consitution... is designed to be slow and hard to change. It takes six years to get rid of all the scalawags in office today. ...[I]t's designed to be conservative, and it has a very interesting backstop. ...The has a second purpose... to have an ultimate backstop if the people went for a zealot, or a crazy person, to be president of the United States. ...[T]hat [the elector] would vote [his] conscious and say "No, the popular will here is wrong. This person will destroy our democracy."
As taxpayers we gave one of Warren Buffet's companies, in 2006, an interest-free loan of $665 million dollars, and he only has to pay half of it back 28 years from now. ...Imagine ...you bought a house in 1980 at the price in 1980. Up until now you haven't made any payments on the house, and this year you have to pay half in the... dollars you agreed to back then, no adjustment for inflation. Do you think that alone might make you a wealthy man?
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