Tuesday, December 16, 2008

What Does the Zero Percent Interest Rate Mean?

Bernanke + Krugman = Zero!



Zero interest rate: In the 1990's Krugman advised Japan to go to a zero interest rate or even to go negative! Bernanke can fulfill his wildest dream of becoming helicopter Ben once the interest rate is zero because then he has only the one option - massive 'liquidity' by dumping titanic amounts of dollars as if dropping them from a helicopter.



Bernanke + Krugman = Zero!



Zero knowledge of economic science. Their training is as empiricists but in a field that is subjective. They are like androids with little common sense and no human sensitivities pretending to represent infinitely complex humans who have unpredictable and flexible actions.



Bernanke + Krugman = Zero!



There is not a trace of ethics in either and the sum of two zeros is zero!

Tuesday, July 22, 2008

Too Big And UnAdaptable!

From the Mallard comic strip

One dinosaurs says to the other: “Okay, we’re too big . . . Completely unadaptable, and have brains the size of a pea . . .”

The other dinosaur replies: “ I predict we’ll either go extinct or evolve into the federal government . . .”

Saturday, May 3, 2008

Stimulus Package Joke!

These are the insightful words of humorist and columnist Dave Barry:

Q. What is an Economic Stimulus Payment?
A. It is money that the federal government will send to taxpayers.

Q. Where will the government get this money?
A. From taxpayers.

Q. So the government is giving me back my own money?
A. Only a smidgen.

Q. What is the purpose of this payment?
A. The plan is that you will use the money to purchase a high-definition TV set, thus stimulating the economy.

Q. But isn't that stimulating the economy of China?
A. Shut up.