I believe that cronyism is nothing more than welfare for the rich and powerful, and should be abolished.
Charles KochHubris, arrogance, is just one step ahead of loss of integrity, because if you think you're better than other people, you know more, then you're going to think, as many leaders have, that the rules don't apply to them - so they lose their integrity.
Charles KochThey say your genetics are going to set your direction regardless of what happens, but I think there's more to it than that.
Charles KochIn America, the first thing we have to get rid of is entitlements for the wealthy, and at the same time, open up the economy to the disadvantaged.
Charles KochLet's say I am a chocoholic and I eat tons of chocolate a day. A hundred thousands of tons a day. I have this craving, but I can't afford it, so I get a printing press, and I start printing money, and I print billions and billions to buy chocolate. So I create this boom in the chocolate industry, so stores are running out of chocolate. So they have demand, so chocolate makers expand. Cocoa growers expand. You create this great boom. But now the feds arrest me and shut me down. And now there is a depression in the chocolate industry. That's what happens with the monetary policy.
Charles Koch