Posts Tagged ‘Chutzpah’

A new definition of chutzpah

June 7, 2010

The Yiddish word “chutzpah” means a combination of audacity and impudence, as exemplified by someone who murders his mother and father and then asks for mercy from the court on the grounds that he is an orphan.

Maybe we need a new word for the audacity and impudence of the Wall Street banking and financial community who brought the U.S. and world economy to the brink of disaster, were bailed out of their mistakes through hundreds of billions of dollars of direct and indirect subsidies and now tell us that we have to cut back on spending to help the unemployed and retirees because otherwise we will lose the confidence of the financial community.

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