Hunter S. Thompson Quotes


Related Quotes

Referring to President Ronald Reagan whose administration was very good for the wealthy and the large corporations but economically was the start of a downward spiral in the income of the lower middle and lower classes of the society. Reagan and many politicians of both parties were often oblivious to the lives of people not in the upper strata of society. It was not so much that they were against the middle class and poor; they just did not have much contact with them and their plight was list in the averaging of economic statistics that showed increasing income.


Abrams originated this famous phrase which many have been used subsequently for various “socialized” government benefits that were available to the rich but not the poor. He was referring to the fact that at the time, the government provided housing assistance to the rich by having federally insured mortgages and granting tax deductions for the interest in home mortgages, but there was no assistance to the poor who could only afford to rent and had no tax deductions nor was there any federal public housing assistance. During the Great Recession the phrase was often used when the government gave bail out money to General Motors and the largest banks who were close to bankruptcy, but the landscaping gardener or the hot dog vendor whose business was falling because of the recession were told that is the capitalist system—there are some winners and some losers. The government officials who advocated the bailout did not disagree about the fairness and appropriateness of the Abrams phrase but if they had not bailed the banks out, the entire economic system of the country would probably have collapsed and the ensuing depression would hurt the average worker and the poor even more. Related to the recent “too big to fail” concept.


Hunter S. Thompson
Hunter S. Thompson
  • Born: July 18, 1937
  • Died: February 20, 2005
  • Nationality: American
  • Profession: Journalist

Hunter Stockton Thompson was an American journalist and author, and the founder of the gonzo journalism movement. He first rose to prominence with the publication of Hell's Angels (1967), a book for which he spent a year living and riding with the Hells Angels motorcycle club to write a first-hand account of the lives and experiences of its members.