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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: 4928
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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#4. To: jwpegler (#0)
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.)”
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Top • Page Up • Full Thread • Page Down • Bottom/LatestI've been sitting here for the past few days looking at Capitalist Eric's tag line:
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