Abdoulaye Wade Quotes


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The Kochs are the very conservative funders, philanthropists, & activists David and Charles Koch. By this definition Abraham Lincoln was certainly a socialist but so were Dwight D. Eisenhower and Ronald Reagan.


The first part of this quotation has defined the attitude of most Americans towards private enterprise and government since then. The second part of the quotation—the undesirability of public ownership of railroads has given way to the modern problem that no passenger railroad can be operated profitably by anyone—private or public. So Roosevelt’s “far-reaching disaster” was finally complete with the Federal Government taking over responsibility for Amtrack.


The mantra was not heard much after the collapse of the ‘smart’ markets in 2008 and the ‘dumb’ governments had to come to the rescue of the economy all over the industrialized world.


Abdoulaye Wade
Abdoulaye Wade
  • Born: May 29, 1926
  • Nationality: Senegalese
  • Profession: Statesman

Abdoulaye Wade is a Senegalese politician who was President of Senegal from 2000 to 2012. He is also the Secretary-General of the Senegalese Democratic Party (PDS), having led the party since it was founded in 1974. A long-time opposition leader, he ran for President four times, beginning in 1978, before he was elected in 2000. He won re-election in 2007 with a majority in the first round, but in 2012 he was defeated in a controversial bid for a third term.