Frank and Ernest by Thaves for December 27, 2011
December 26, 2011
December 28, 2011
Transcript:
News: Year-End Economic Report Frank: I don't want them to fine-tune the economy---just get it in the right octave!
TURTLE almost 13 years ago
Fat chance with a the dissonance in Congress.
Aussie Down Under almost 13 years ago
Little chance of anyone fine tuning the economy until the 2008 GFC finally ends.
Proginoskes almost 13 years ago
“If you ask five economists where the economy’s heading, you’ll get five different answers. Unless one went to Yale, in which case you’ll get six.”
InTraining Premium Member almost 13 years ago
All I can really say today is….. it’s a sad state of affairs…. world wide….. Just too may “out of control” humans on earth…… ! ? !
danlarios almost 13 years ago
right place wrong time
poppy1313 almost 13 years ago
JUST GET IT CLOSE
K M almost 13 years ago
Two centuries ago, a somewhat obscure Scotsman named Tytler made this profound observation: “A democracy cannot exist as a permanent form of government. It can only exist until the majority discovers it can vote itself largess out of the public treasury. After that, the majority always votes for the candidate promising the most benefits with the result the democracy collapses because of the loose fiscal policy ensuing, always to be followed by a dictatorship, then a monarchy." – Elmer T. Peterson
Phosphoros almost 13 years ago
The problem is our trust in “them” to manage it in the first place. The market is not something for political “experts”, bureaucrats or politicians… who are as human as we are… to “manage.” Such “management” bails out the favored winners and and causes higher expenses on the losers. It has resulted in most of the wealth disparities we see now, the booms and busts.