When the United States was founded, the very idea of a nation premised on democratic principles of freedom and tolerance was viewed by the vast majority of the world as an experiment doomed to fail. Dictatorships, monarchies, and theocracies had for many centuries ruled the world.
Eliot Spitzer Quotes
Don't reward bad behavior. It is one of the first rules of parenting. During the financial cataclysm of 2008, we said it differently. When we bailed out banks that had created their own misfortune, we called it a 'moral hazard,' because the bailout absolved the bank's bad acts and created an incentive for it to make the same bad loans again.
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| Birth: | 10th June, 1959 |
| Nationality: | American |
| Profession: | Lawyer, Politician |
About
Eliot Laurence Spitzer was born in Bronx, New York. He is an American politician who served as the 54th Governor of New York from 2007 until his resignation on March 17, 2008. The Attorney General of New York for eight years, Spitzer was elected in 2006, succeeding three-term Governor George Pataki. He received a Bachelor's degree at Princeton University, and his Juris Doctor at Harvard Law School.
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