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Quote by John Swartzwelder

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John Swartzwelder
John Swartzwelder

John Swartzwelder is a renowned television scriptwriter, best known for his work on the animated sitcom 'The Simpsons'. Born on November 16, 1950, he has been contributing scripts to the show since 1989, with a career spanning over three decades. more

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“In a Bloomberg poll, 88% of respondents said that Wall Street bonuses should either be banned outright or taxed at 50%. Just 7% said they should remain an incentive. To put that 7% figure in perspective, 6% of Americans believe the moon landings were a hoax; 7% believe Elvis lives; 24% believe that Barack Obama is a secret Muslim; 41% believe in ESP; and 48% believe in creationism. Americans will believe anything, it seems-except the idea that incentivizing bankers at systemically important institutions to take big risks makes any sense at all.”

“It has been a masterful fight-back by the big banks. We the paying public can't do anything much except admit defeat and settle back for the next set of bills. In the meantime, perhaps, we should try and think of a name for the new economic system, which certainly isn't capitalism ... The most accurate term would probably be "bankocracy".”