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Title: The LEFT is Incapable of Learning: So Stop Listeng to Them
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Published: Sep 28, 2011
Author: me
Post Date: 2011-09-28 20:06:15 by jwpegler
Keywords: None
Views: 4837
Comments: 8
I've been sitting here for the past few days looking at Capitalist Eric's tag line: "To fight this recession (of the early 2000s) the Fed needs more than a snapbakc; it needs soaring household spending to offset moribund business investment. And to do that, as Paul McCuelly of Pimco put it, Alan Greenspan needs to create a housing bubble to replace the NASDAQ bubble". -- Paul Krugman, 2002 Today, Paul Krugman is desperate to produce another bubble. He doesn't care what bubble, just as long as the government does something... ANYTHING... good or bad. Learning from history is key to not repeating other people's mistakes. The really strange thing about the left is that they are incapable of learning from the past. This is why no one should listen to them any longer. 
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#1. To: jwpegler (#0)
Well, anyone who embraces a political dogma that has proven, throughout human history, to be an abject failure is certainly a malignant mentality that only serves as a destructive influence on any society.
To call Krugman a leftist is to show that there is no left. Reagan's ultimate victory...;} here's Left: The European Bank Run | Credit Writedowns “The bottom line: this is a classic liquidity crisis now not just for the sovereigns but the banks in Euroland as well. I would consider this a bank run via the wholesale funding market – and it’s not just the Anglo-American wolfpack manipulating markets but genuine concern of creditors about the solvency of their financial institutions. The right thing to do is to accept the bitter pill and make substantially all of the credit writedowns at financial institutions quickly and recapitalize and/or nationalize the weakest banks. But remember, bank seizure can make the situation worse.”
Economists Who Are Always ‘Surprised’ Should Re-Think Their Models and Assumptions “Once again, that is an upwards revision from the previously reported figure. I’m feeling a tad too lazy to go back through all my blog posts to find the last week when there wasn’t an upwards revision from the previous week’s report but I know that it has been months since there has been anything but upward revisions. At best there might have been a week when the numbers reported were not revised at all a couple of months ago but that’s it. Realistically, I have to admit that the continual ‘surprise’ by the economists is just a continuation of the overall cluelessness shown by the financial elites as evidenced by this yesterday from the World Bank head (also via Reuters):
you should stop doing that first thing...;} Not One Bankster has been charged. Much less put in jail... " Tigris was one of more than two dozen collateralized debt obligations linked to Magnetar. As we detailed last year, Magnetar often pushed for riskier assets [2] to be included in deals and placed bets against many of the same investments. It ultimately helped create more than $40 billion in CDOs. (Magnetar has always maintained that it did not have a strategy to bet against the housing market. The hedge fund has also not been accused of wrongdoing as part of the SEC’s probe.)”
The Fed isn't the government.
America...My Kind Of Place... "I truly am not that concerned about [bin Laden]..." "THE MILITIA IS COMING!!! THE MILITIA IS COMING!!!" I lurk to see if someone other than Myst or Pookie posts anything...
jwpegler's ignorance knows no bounds.
"This is what economic policy in the West has become--a tool of the wealthy used to enrich themselves by spreading poverty among the rest of the population." Paul Craig Roberts
The catholic church went broke building cathedrals - fighting the protestants - science - industrial revolution ! These neocom new agers are doing the same ! The original romans were doing this also ! The blue states are the new slavers - decadent elite - parasites !
If you ... don't use exclamation points --- you should't be typeing ! Commas - semicolons are for girlie boys !
Nothing like starting a thread with a title that's SURE to bring out all the leftist losers... LOL.
DUMMY DwarF: ...I'm eating a meatball... http://libertysflame.com/cgi-bin/readart.cgi?ArtNum=24347&Disp=35#C35 The LEFT is Incapable of Learning: So Stop Listeng to Them
#2. To: jwpegler (#0)
#3. To: All (#2)
#4. To: jwpegler (#0)
I've been sitting here for the past few days looking at Capitalist Eric's tag line:
#5. To: jwpegler (#0)
--GW Bush
--Sarah Palin's version of "The Midnight Ride of Paul revere"
#6. To: war, jwpegler (#5)
The Fed isn't the government.
#7. To: jwpegler (#0)
#8. To: eskimo, jwpegler (#1)
Capitalist Eric: Foreplay before the president's staff?
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