- Posted by Jeff Carter
- on November 3rd, 2011
Was watching CNBC this morning and I learned a new word. Usually I learn my new words from the former President Bush, or the former Chicago Mayor Daley.
The word is: Ineptocracy
*_Ineptocracy_****(in-ep-toc’-ra-cy) – a system of government where the least
capable to lead are elected by the least capable of producing, and where the
members of society least likely to sustain themselves or succeed, are rewarded
with goods and services paid for by the confiscated wealth of a diminishing number
Use in a sentence:
The occupy protesters are part of the ineptocracy movement.
thanks for the link Instapundit
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Jeffrey Carter is an angel investor and independent trader. He specializes in turning concepts into profits. He co-founded Hyde Park Angels one of the most active angel groups in the United States in April of 2007. He previously served on the Chicago Mercantile Exchange Board of Directors. He has done market commentary for (More...)