James Quinn

The Law of Unintended Consequences: 20th Century and Beyond

Volcker fixed inflation, not Greenspan. Volcker was Fed Chairman from 1979 to 1987. Give me an example of something Greenspan did right that has benefitted our economy.

Facts are in the eye of the beholder.

Instead of calling me Rush Limbaugh (how Rachel Madow of you), please provide examples of economists and Politicians being right.

Government shouldn't choose the winners and losers in energy. They've done a bang up job choosing ethanol already.

We provided Bin Laden with the weapons to defeat the Soviet Union. Just like we provided the weapons to Sadaam Hussein to fight Iran. Don't be so naive.

Here we go with Obama walking on water. My horse was neither McCain or Obama. I will call them as I seez them.


On Jan 05 06:47 AM Robert I. wrote:

> Some interesting points you make here. But I have a problem with
> some of your ideas:
>
> * You make a lot of "assumptions"... and present them as "facts"
> (See 'weasel words')
> * No one is 100% correct, or even 50% correct! you draw a straw man
> argument around the fact that politicians and economists must reach
> a higher level of competence or accuracy or be discredited entirely!
> How Rush of you.
> * Alan Greenspan is 100% wrong? That's a broad stroke! He did nothing
> at all right? Even right of Regan left of God Republicans have at
> least one thing nice to say about him (fixed 13% inflation of 79'
> anyone?)
> * Why do you not suggest that government fund energy exploration?
> We subsidies food, why not shale improvement or deep sea drilling?
> That would prevent the "shooting ourselves in the foot" you foresee
> with the oil supply.
> * Are you sure Bin Laden didn't have a sore spot about the U.S. assisting
> Muslims in the 80's with the Russians then bailed when they won and
> said "now what do we do?". Bin Laden didn't take out the Jihad card
> on America because of a Military base alone! (See 'over simplification'
> FTW)
>
> It seems to me that you're really seeing red now that Obama is the
> new guy on the block. Your horse didn't come in, and your grand plans
> for our new economy will now get muddied or won't reach the table.
> For this, you typed your post way to fast without fully thinking
> through every point.