Saturday, August 25, 2007

FROM THE DESK OF TEDDY ROOSEVELT

Found this in the intro section of Overdo$ed America by Dr. John Abramson.

It is no limitaion upon property rights or freedom of contract to require that when men receive from government the privilege of doing buisness under corporate form....they shall do so upon absolutely truthful representations....Great corporations exist only because they are created and safeguarded by our institutions; and it is therefore our right and duty to see that they work in harmony with these institutions.

Theodore Roosevelt

4 comments:

tenyearnap said...

What was Teddy smoking? --Cin

lisaram1955 said...

Hard to believe Ol' Teddy was a Republican...  Lisa  :-]

sistercynthiadr said...

Imagine that coming from a Republican nowadays.

krobbie67 said...

Popping in to say hi

Bloglines only had your entry title so I had to come in and see what Teddy left on his desk.

Very proverbial. Did you see the 60 Minutes program - I think last week - about the Coast Guard boats? Between that and falling bridges, tunnels and the Halliburton mess in Iraq, I would say that many have turned a deaf ear to Teddy.