Quotation for Today: Public Moral Hazard

Republican presidential wannabes and their supporters inveigh against their idea of private immorality while ignoring the endangerment of public morality by Wall Street bankers and corporate executive officers.  The quotation for today reminds us of the violations of public morality by Wall Street bankers and corporate executives.

Amazon, A Leviathan of the Contemporary Gilded Age

Amazon.com, the online retail behemoth managed by Chief Executive Officer Jeff Bezos, is undermining our local communities in a fashion reminiscent of Standard Oil; which to some observers of the Gilded Age was the worst of the Gilded Age's corporate leviathans.