"You cannot:
- bring about prosperity by discouraging thrift;
- help the wage earner by pulling down the wage payer;
- further the brotherhood of man by encouraging class hatred;
- help the poor by destroying the rich;
- keep out of trouble by spending more than you earn;
- establish security on borrowed money;
- build character and courage by taking away a person's initiative & independence;
- help men permanently by doing for them what they could and should do for themselves."
These words, often erroneously attributed to Abraham Lincoln, were from Rev. Wm. J. H. Boetcker in "Inside Maxims," in the Year 1916 (see Harper's Magazine, May, 1950, "Lincoln Never said That").
I'm curious, what did he have to say about credit default swaps?