tag:blogger.com,1999:blog-53246864840716464.post5100760879011385995..comments2024-02-29T00:46:38.800-08:00Comments on Washingtons Blog: Economists are Ignorant About HistoryUnknownnoreply@blogger.comBlogger4125tag:blogger.com,1999:blog-53246864840716464.post-71768379761476565022009-07-01T01:51:50.172-07:002009-07-01T01:51:50.172-07:00Beautiful essay. I love the historical references...Beautiful essay. I love the historical references so thanks for teaching me some history. Governments have traditionally been the 'buyer of last resort' and indeed there doesn't seem to be such an animal as a 'self-correcting market' in the long run. Oh well, I like the Bank of North Dakota, public ownership model.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-53246864840716464.post-67518190560560579272009-06-24T16:02:12.775-07:002009-06-24T16:02:12.775-07:00As long as economists are woefully ignorant and co...As long as economists are woefully ignorant and continue to believe that they can mathematically model a system of billions of unique participants, the field is hopeless.Sujan Patriciahttp://www.asiarooms.com/noreply@blogger.comtag:blogger.com,1999:blog-53246864840716464.post-20138776284101874562009-06-03T17:33:53.064-07:002009-06-03T17:33:53.064-07:00Excellent article, Mr. Washington! These same &qu...Excellent article, Mr. Washington! These same "experts" never saw this disaster coming, so why should we believe them now?<br /><br />Too big to fail really means simply too big, and government and innocent people should get out from under its shadow so as not to be crushed in the fall.<br /><br />Government out of business and business out of government. This unholy alliance of the money men and the political class is the root of our current evil.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-53246864840716464.post-60400790031317869932009-06-02T11:32:50.819-07:002009-06-02T11:32:50.819-07:00Here is what may throw a monkey wrench into any re...Here is what may throw a monkey wrench into any recovery. http://www.asianews.it/index.php?l=en&art=15402&size=A Remember, Bush cozied up to the Saudis and got them to tie the dollar to oil, making it artificially stable. Greenspan was over there some time back trying to get them to untie it. Now, the Saudis and Dubai are in financial trouble and looking to Rothschild who has ties to the FED and the CDS/subprime mess designed to take down the financial system and install one world government. In exchange for assistance, Rothschild is going to want the dollar severed from oil, causing our currency to crash. Rothschild is also going to want assistance in a war against Iran, not because of religion but because war promotes further consolidation of power and money. It explains why Obama sided with the Saudis on the 911 lawsuit and why he is going over there to court Arab favor. It also explains roadblocks on investigations into 911 and anything else to do with past bad deeds.Anonymousnoreply@blogger.com