Quote from: Parenting Topic

Don't reward bad behavior. It is one of the first rules of parenting. During the financial cataclysm of 2008, we said it differently. When we bailed out banks that had created their own misfortune, we called it a 'moral hazard,' because the bailout absolved the bank's bad acts and created an incentive for it to make the same bad loans again.


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Author Bio


  • NameEliot Spitzer
  • Description54th Governor of New York
  • BornJune 10, 1959
  • CountryUnited States Of America
  • ProfessionLawyer; Politician