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A Chance To Exercise Your Franchise!

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  • A Chance To Exercise Your Franchise!

    The Dynamite Prize in Economics, to be awarded to the three economists who contributed most to enabling the Global Financial Collapse (GFC), or more figuratively, to the three economists who contributed most to blowing up the global economy.

    Vote early, vote often

    http://rwer.wordpress.com/vote-here-...-in-economics/

  • #2
    Re: A Chance To Exercise Your Franchise!

    Originally posted by don View Post
    The Dynamite Prize in Economics, to be awarded to the three economists who contributed most to enabling the Global Financial Collapse (GFC), or more figuratively, to the three economists who contributed most to blowing up the global economy.

    Vote early, vote often

    http://rwer.wordpress.com/vote-here-...-in-economics/
    Shame to limit it to three, eh...:rolleyes:

    And where's Ben "...Making Sure It Never Happens Here" Bernanke's nomination? Did the Senate block it?...;)

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    • #3
      Re: A Chance To Exercise Your Franchise!

      You definitely have to put Ben Bernanke on the voters' list for his ZIRP along with his QE money drops. Bernanke was the enabler for deficit-spending by the Obama Administration. And you definitely have to put Arthur Laffer on the list for his "deficits don't count" and his "we can grow our way out of any deficit". Supply-side economics (per Arthur Laffer) played the key role in creating the bubble economy in America.:rolleyes:

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      • #4
        Re: A Chance To Exercise Your Franchise!

        Another reason why Bernanke should be #1 on the list of morons: He gave us the TARP. That was his baby, along with the fifty million dollar bonuses to bankers that went with the TARP, within minutes after its passage by Congress. And never forget that Nancy Pelosi demanded that the TARP be passed, claiming to the Congress that the TARP was urgent, "the entire financial system was at stake," and, "we were never spoken to like that before by any Fed head."

        In writing the history of this Great Recession, it is very important to underscore Bernanke and what he did to make this disaster even worse: the TARP, the ZIRP, and the QE helicopter drops.:rolleyes:

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