Kenneth Langone Quotes
You only have to worry about going to jail if you break the law. That's pretty simple.
Langone, Kenneth. Interview. Squawk Box, CNBC, 16 July 2014.
Theodore Roosevelt was the Presidential nominee
As this quotation demonstrates, this problem has plagued America for a long time. In terms of crimes committed, for example, General Electric Corporation has committed more crimes than any other criminal enterprise, but it thrives despite this and the penalties are seen as just a slap on the wrist when they do get caught but they do not even get prosecuted for many of their crimes like most large corporations and rich individuals who commit crimes. The people who go to jail are usually the lower level or middle level criminals and the kingpins, the ones with the control and the money, rarely even get prosecuted. In the Great Recession, the largest banks in America committed tens of thousands of serious crimes by forging signatures and making false claims on legal documents. Not a single executive ever went to jail or was even given a suspended sentence. The banks paid small fines.
Even in the 19th century advanced thinkers suspected that positive rewards were more effective in shaping behavior than negative reinforcement which was proven in the 20th century. However, monetary rewards for obedience to laws was and is impractical as Clinton pointed out in this quote.
Aristotle adopted this view later in his Nichomachean Ethics. Mytilene was ddat war with Athens. Pittacus suggested that instead of the armies fighting, the war should be decided by a battle between him and the Athenian General who accepted. Pittacus won and was the Ruler of Athens, where he became quite popular. He wrote all his laws and decrees in poetry. He resigned after 10 years. He was considered one of the 7 great Greek Sages.
The interesting thing about this quotation is that he himself was a drug addict who illegally used drugs. However, when he finally got caught, the judge didn’t follow is “law and order” ranting. He got off without serving any jail time.
1st Marquees of Halifax. Even in the 18th century, it was realized that capital punishment was not a particularly good deterrent. Savile and others observed that there was a significant vengeance motive for state execution.
Kenneth Gerard Langone Sr. KSG is an American billionaire businessman, investor, and philanthropist, best known for organizing financing for the founders of The Home Depot. He has been a major donor to the Republican Party.
