"I feel like the Kurt Cobain of my generation, but people just don't understand me."
-- Justin Bieber
Yeah beeb, you just go ahead and keep on believing that.
And we all know you really did say it, even though your PR people are going to try to spin it as unauthenticated. We know that Bill Gates really did say "640K ought to be enough for anyone" even though his PR people have spent decades denying it. You're not getting off easy either.
"What kind of animal is a Justin Bieber? Just a beaver!" --Sammi
You cannot bring about prosperity by discouraging thrift.
You cannot strengthen the weak by weakening the strong
You cannot help the poor man by destroying the rich.
You cannot further the brotherhood of man by inciting class hatred.
You cannot build character and courage by taking away man's initiative and independence.
You cannot help small men by tearing down big men.
You cannot lift the wage earner by pulling down the wage payer.
You cannot keep out of trouble by spending more than your income.
You cannot establish security on borrowed money.
You cannot help men permanently by doing for them what they will not do for themselves.
-- William J. H. Boetcker
You cannot strengthen the weak by weakening the strong
You cannot help the poor man by destroying the rich.
You cannot further the brotherhood of man by inciting class hatred.
You cannot build character and courage by taking away man's initiative and independence.
You cannot help small men by tearing down big men.
You cannot lift the wage earner by pulling down the wage payer.
You cannot keep out of trouble by spending more than your income.
You cannot establish security on borrowed money.
You cannot help men permanently by doing for them what they will not do for themselves.
-- William J. H. Boetcker
...mere abstinence is not enough by itself to build cities or drain
fens. ... If Enterprise is afoot, wealth accumulates whatever may be
happening to Thrift; and if Enterprise is asleep, wealth decays whatever
Thrift may be doing. Thus, Thrift may be the handmaiden of Enterprise.
But equally she may not. And, perhaps, even usually she is not.
--Keynes, 1930
fens. ... If Enterprise is afoot, wealth accumulates whatever may be
happening to Thrift; and if Enterprise is asleep, wealth decays whatever
Thrift may be doing. Thus, Thrift may be the handmaiden of Enterprise.
But equally she may not. And, perhaps, even usually she is not.
--Keynes, 1930
"We have to pass the bill so you can find out what is in it."
-- Pelosi, demonstrating where Keynesian thinking ultimately takes you
-- Pelosi, demonstrating where Keynesian thinking ultimately takes you
Pelosi was making a narrow, procedural point: they hadn't finished negotiating,
so she couldn't say what was in the bill. ;) But yes, too complicated. They
should have just passed a bill requiring the Fed to immediately print up about
$10K and mail the check to every American.
Repeat until satisfactory results achieved.
Repeat until satisfactory results achieved.
"US stocks are not trading based on US data anymore. Our testicles and
ovaries are currently lying on a butcher's block waiting for the Greek
election to send the entire weight of the global monetary system
crushing down upon them with great force and biblical violence."
-- Joshua M Brown @ thereformedbroker.com
ovaries are currently lying on a butcher's block waiting for the Greek
election to send the entire weight of the global monetary system
crushing down upon them with great force and biblical violence."
-- Joshua M Brown @ thereformedbroker.com
INEPTOCRACY (in-ep-tac'-ra-cy):
A system of government where the least capable to lead are elected by the lease capable of producing, and there
members of society least likely to sustain themselves or succeed, are rewarded with the goods and services paid for by the confiscated wealth
of a diminishing number of producers.
A system of government where the least capable to lead are elected by the lease capable of producing, and there
members of society least likely to sustain themselves or succeed, are rewarded with the goods and services paid for by the confiscated wealth
of a diminishing number of producers.
INEPTOCRACY
What we'll have if the Hayekian terrorists get their interest-rate-jackin good-old-boys nominated for the FOMC.
If you think Keynes is bad, wait till you see what the post-Keynesians have in store for you. Apparently their vanguard is Michael Hudson, Kuchinich's advisor, who wants to replace debt finance with taxes on "the rentiers".
Frankly I don't get entirely get him - he seems to have gone so far to the left that he went full circle and ended up, halfway, far right-wing.
“I have a structural hypothesis here. You have a Republican ideology,
which Mitt Romney obviously doesn’t believe in. He just oozes
insincerity, that’s just so obvious. But all of the others are fools and
clowns. And there is a question here, my hypothesis is that maybe this
is an ideology that only fools and clowns can actually believe in, and
that’s the Republican problem.”
which Mitt Romney obviously doesn’t believe in. He just oozes
insincerity, that’s just so obvious. But all of the others are fools and
clowns. And there is a question here, my hypothesis is that maybe this
is an ideology that only fools and clowns can actually believe in, and
that’s the Republican problem.”
“All he does is make scary noises about the deficit, with mood music,
with organ music in the background about how ominous it is, and then
propose a plan that would in fact increase the deficit.”
with organ music in the background about how ominous it is, and then
propose a plan that would in fact increase the deficit.”
"Sometimes you do wonder if these guys are moles, Manchurian candidates
for I don't know who, if their real job is to bring down America because
they really are doing the best they can.”
for I don't know who, if their real job is to bring down America because
they really are doing the best they can.”
“If Ron Paul got on TV and said ‘Gah gah goo goo debasement! theft!’ —
which is a rough summary of what he actually did say — his supporters
would say that he won the debate hands down.”
which is a rough summary of what he actually did say — his supporters
would say that he won the debate hands down.”
“In fact, all four significant Republican presidential candidates still
standing are fiscal phonies. They issue apocalyptic warnings about the
dangers of government debt and, in the name of deficit reduction, demand
savage cuts in programs that protect the middle class and the poor. But
then they propose squandering all the money thereby saved — and much,
much more — on tax cuts for the rich.”
standing are fiscal phonies. They issue apocalyptic warnings about the
dangers of government debt and, in the name of deficit reduction, demand
savage cuts in programs that protect the middle class and the poor. But
then they propose squandering all the money thereby saved — and much,
much more — on tax cuts for the rich.”
Lots of quotes here, but no attributions. Who do we have to thank for all
of this no-brained left wing drooling?
"Lots of quotes here, but no attributions. Who do we have to thank for all of this no-brained left wing drooling?"