Author Topic: NYT - MSNBC article "Financial crisis was 'avoidable,' ..."  (Read 1389 times)

Offline Roswell

  • Search And Destroy
  • Moderator On Leave
  • Survival Demonstrator
  • *
  • Posts: 4371
  • Karma: 102
  • Posts REALLY REALLY ugly pictures...
    • Making A Homestead, One Day at a Time

Offline Saint

  • Senior Survivalist
  • ****
  • Posts: 207
  • Karma: 14
  • Bury it and bury the shovel.
Re: NYT - MSNBC article "Financial crisis was 'avoidable,' ..."
« Reply #1 on: January 28, 2011, 08:16:36 AM »
nice to see the "shared blame" sucks to see that turnover and partisanship still plagues the process.

Hare of Caerbannog

  • Guest
Re: NYT - MSNBC article "Financial crisis was 'avoidable,' ..."
« Reply #2 on: January 28, 2011, 08:32:26 AM »
Thanks for the link Ros.

This is just so funny.
We have on the one hand, a group of economists (Austrian School) who totally predicted the crisis and explained why and how it developed at the time it happened.

Four years later, while everything the Keynesian School economists have done has either failed or made the situation worse, we have a panel of government bobble-heads, of which only one is an economist and a Keynesian at that, comes to the conclusion that it was avoidable and someone should have seen it coming.
Really?
And what do these brainless drones say could help? More Keynesian interference in the market.
Its funny how the State can look you right in the eye and lie.


The Panel:
http://www.fcic.gov/about

Hare of Caerbannog

  • Guest
Re: NYT - MSNBC article "Financial crisis was 'avoidable,' ..."
« Reply #3 on: January 28, 2011, 09:00:28 AM »
OOPS!
I was wrong.

Quote
...we have a panel of government bobble-heads, of which only one is an economist and a Keynesian at that...
I thought Hennessey was an actual economist.
Turns out he just plays one on TV.
My mistake.

Offline Roswell

  • Search And Destroy
  • Moderator On Leave
  • Survival Demonstrator
  • *
  • Posts: 4371
  • Karma: 102
  • Posts REALLY REALLY ugly pictures...
    • Making A Homestead, One Day at a Time
Re: NYT - MSNBC article "Financial crisis was 'avoidable,' ..."
« Reply #4 on: January 28, 2011, 09:17:47 AM »
OOPS!
I was wrong.
I thought Hennessey was an actual economist.
Turns out he just plays one on TV.
My mistake.

 :D  You literally made me laugh out loud.