“Soft despotism is a term coined by Alexis de Tocqueville describing the state into which a country overrun by "a network of small complicated rules" might degrade. Soft despotism is different from despotism (also called 'hard despotism') in the sense that it is not obvious to the people."
Thursday, February 19, 2009
Sir Stanford, Billionaire Scammer Missing.
Sources at the SEC confirmed that they were searching for the billionaire, who has not been seen in public since news of alleged fraud totalling 9.2 billion dollars.
A spokesman for Stanford Financial Group repeatedly refused to discuss the tycoon's whereabouts when contacted.
Reports suggest that Stanford attempted to leave the US on a private jet bound for Antigua,except a slight problem developed. The aviation firm refused to accept his credit card.
By the way, I almost forgot to mention, eight billion is also missing.