Thursday, January 29, 2004

On Centralized Planning and If the State Pays for it Is it Art?

Greg Ransom, the PrestoPundit, has read the Federal Reserve’s statement on interest rates, and, well, Greg says it entertainingly so here’s what he said.

“Read the last unbelievable paragraph and try to think of anything other than a bent over Jim Carrey with his hands on his ass talking out of that end of his anatomy. The Federal Reserve represents the singular fraud of modern academic macroeconomics in its purest form. Simply put, using leeches to cure sick people had a great deal more sound reasoning and solid evidence standing behind it than does the psuedo-scientific yammering of the Federal Reserve and its dissembling army of academic macroeconomists."

Greg also read about Bush’s proposal to increase funding to the NEA. This idea didn’t pass muster either.

“Earth to Bush—you can’t continually multiply government borrowing and explode government spending without destroying the wealth of the country. This is the path every failed South American country has followed. And it’s a path America will find itself trapped upon if Bush & Co. continue to pretend that the laws of economics don’t apply to the United States. All I can ask is, what the hay is going on in Washington? And in George Bush’s head?"

About

The author is an ex-submariner, questioner of authority, cigar smoking fly-fishing fanatic who wants to live to be 103

Links

• Two Four
• Presence Of Mind
• Claire Wolfe
• Karen De Coster
• Colby Cosh
• No Treason
• Catallarchy
• Prestopundit
• Uncommon Sense
• Selling Waves
• Rod's Alter Ego
• The Owner's Manual
• Somewhere Over The Rainbough
• Who Moved My Truth
• BitsBlog
• Minority Of One
• Rule Of Reason
• The Agitator
• Marginal Revolution
• Anal Philosopher
• The Modulator
• Unruled
• Questions And Observations
• Dean's World
• Triticale
• Cap'n Arbyte
• Little Tiny Lies
• Gene Expression
• Positive Liberty
• Nolo Consentire
• Obscure Store
• Fred Lapides
• Survival Arts
• A Small Victory
• Creative Footdragger
• Billigerent Bunny
• Mudita
• Wendy McElroy
• Technoptimist
• Instapundit
• James Lileks
• Israpundit
• The Corner
• Arts & Letters Daily
• Andrew Sullivan
• Srgt. Stryker
• Saturn In Retrograde
• Light Of Reason
• Diana Mertz Hsieh
• Tal G. In Jerusalem
• Little Green Footballs
• Vodkapundit
• The Raving Athiest
• The Best Of The Web
• Meryl Yourish
• LoboWalk
• Kausfiles
• Ken Layne
• Samizdata
• Virginia Postrel
• Natalie Solent
• Tim Blair
• USS Clueless
• Blogcritics
• Armed And Dangerous
• Volokh Conspiracy
• No Watermelons Allowed
• One Hand Clapping
• Achewood
• Jane Galt
• Right Wing News
• Cut On The Bias
• Attack Cartoons

Current Reading

Human Action, A Treatise on Economics by Ludwig von Mises

Categories

• Blogging
• News
• Personal

Monthly Archives

• October 2008
• September 2008
• August 2008
• April 2008
• March 2008
• January 2008
• December 2007
• September 2007
• August 2007
• July 2007
• June 2007
• May 2007
• April 2007
• March 2007
• February 2007
• December 2006
• November 2006
• October 2006
• September 2006
• August 2006
• March 2006
• April 2005
• February 2005
• January 2005
• December 2004
• November 2004
• October 2004
• September 2004
• August 2004
• July 2004
• June 2004
• May 2004
• April 2004
• March 2004
• February 2004
• January 2004
• December 2003
• Complete Archives
• Category Archives

Most recent entries

• Artificially Mandated Demand Consequences - Redux
• Barack Obama - Poster Boy for Cloward-Piven Strategy?
• A U.S. Scam Worthy of Nigerian Email Scammers
• Bribe Money, Sop, Subornation
• Semantics
• Clear Message My Eye
• Nuanced View, I Guess
• Who Wants Candy? I Do! I Do!
• The American Devolution
• "Researchers discover why some smokers addicted with first cigarette"
• Obama Wama Ding Dong Ditch
• Heads in the Sand
• Economic Stupidity
• Subprime Wholesaler Tells All?
• Stripped Bare - Beneath the Feel Good Veneer of Subprime Lending

Syndicate

• RSS 1.0
• RSS 2.0
• Atom