Category Archives: Economics
QOTD: !Unexpected
“While our economy is enormously complicated, it seems reasonably clear that the current slump has turned into the “worst downturn since the Great Depression” precisely because of the ill-advised policies of the Obama administration. Those policies contradict the lessons of … Continue reading
Posted in Economics, Quote
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Stimulus Spending: Real or Fake?
See more videos from the Rebel Economist here
Posted in Economics, Fail
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The most awesome thing you will see this week.
Milton Friedman schools a young punk in reality. Young punk is Michael Moore, who apparently never learned a thing.
Posted in Awesome, Economics
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Russia to eliminate their capital gains tax
Russia will scrap capital gains tax on long-term direct investment from 2011, President Dmitry Medvedev has said. Hmmm… Interesting. Why on earth would they do that? Mr Medvedev told the St Petersburg International Economic Forum that long-term direct investment was … Continue reading
Posted in Economics, Socialist Hellhole
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Fannie Mae and Freddie Mac Delisted
They no longer met NYSE continued listing standards. Fifty cents a share now. Something tells me that’s not the bottom.
"Unexpected" again.
Unemployment is growing despite the number fudging from the Obama administration. The country is still in a recession despite the claims otherwise from the Obama administration. The Euro is tanking and the whole world is teetering on complete financial collapse.How … Continue reading
Posted in Economics, Fail
2 Comments
Progressives fail basic economics
Daniel Klein says liberals and progressives do poorly questions of basic economics How did the six ideological groups do overall? Here they are, best to worst, with an average number of incorrect responses from 0 to 8: Very conservative, 1.30; … Continue reading
Posted in Economics, Useful Idiot
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Fools in charge
Oh no, more UNEXPECTED news about the economy! The withdrawal of federal tax credits for home buyers led to a steeper-than-expected plunge in May home sales in much of the U.S., as the housing market struggles to wean itself from … Continue reading
Posted in Economics, Fail
5 Comments
Congressman Faleomavaega: Useful Idiot
Via Don Boudreaux at Cafe Hayek: Ever wonder why “the government” is so incompetent? One reason is that morons like this are in charge. Congressman Faleomavaega announced today that he is calling upon Walter Williams, a nationally syndicated columnist, to … Continue reading
Posted in Economics, Useful Idiot
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