tag:blogger.com,1999:blog-6616959642391988608.post2784938044276946454..comments2024-03-28T00:18:25.641-07:00Comments on Calafia Beach Pundit: Economic illiteracy in Congress is simply frighteningScott Grannishttp://www.blogger.com/profile/14028519647946868684noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-6616959642391988608.post-23576641257785245942010-07-02T20:35:06.944-07:002010-07-02T20:35:06.944-07:00Mr. Grannis:
“In the decades that I have spent st...Mr. Grannis:<br /><br />“In the decades that I have spent studying the interaction of public policy and economics in dozens of countries around the world, I have discovered time and again that most of the great economic tragedies can be traced back directly to misguided policies and an utter lack of understanding on the part of politicians of how businesses and economies actually work. The amountW.E. Heasleyhttps://www.blogger.com/profile/00368333904571061995noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-48372750496838438972010-07-02T11:13:26.445-07:002010-07-02T11:13:26.445-07:00There are many failures to point to. One of the k...There are many failures to point to. One of the key ones, IMO, is the compromised and failed fourth estate. In a vibrant democracy a relatively unbiased press is an absolute essential to that society's success. It's a major check and balance mechanism. <br /><br />I did not hear any reporter ask Pelosi how unemployment benefits create jobs. A fairly simple question and one that Bobhttps://www.blogger.com/profile/18190525712352815677noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-21048878530910383192010-07-02T08:36:24.636-07:002010-07-02T08:36:24.636-07:00Economist need to be held accountable and removed ...Economist need to be held accountable and removed immediately for their disastrous policies. How many CEO's stick around after sending their companies into the toilet?<br /><br />We need to let the markets work as they should and that calls for the reduction of power, influence, and opacity of the Federal Reserve. Without it, we are slaves to their megalomaniac methodologies.Public Libraryhttps://www.blogger.com/profile/00017383928897945054noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-41496635331392825622010-07-02T08:34:08.514-07:002010-07-02T08:34:08.514-07:00Congress may be sad, but the Federal Reserve is ev...Congress may be sad, but the Federal Reserve is even more frightening. You are kidding yourselves if you beleive the Federal REserve is not equally if not more so responsible for this calamity.<br /><br />How does your recommendation to put more Bernanke's and Greenspans in office hold up when they clearly led us swiftly off the cliff?<br /><br />This is a multi-pronged problem. Removing Public Libraryhttps://www.blogger.com/profile/00017383928897945054noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-49584612696467629572010-07-02T08:33:18.999-07:002010-07-02T08:33:18.999-07:00This comment has been removed by the author.Public Libraryhttps://www.blogger.com/profile/00017383928897945054noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-56013040124912116032010-07-02T07:29:20.737-07:002010-07-02T07:29:20.737-07:00Amen and amen. That was exactly my point to Publi...Amen and amen. That was exactly my point to Public Library a few months back. We just shouldn't care so much what happens in Washington...they shouldn't be able to affect us this much.<br /><br />Governments now take 46% of our national income. How is this different from the nobles, kings, and landowners letting the peasants keep half of what their fields produce?? We have a ruling Jeffhttps://www.blogger.com/profile/04068805988034886750noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-66598303796071830912010-07-02T06:46:42.336-07:002010-07-02T06:46:42.336-07:00Scott, although I had already found Nancy Pelosi f...Scott, although I had already found Nancy Pelosi frightening, and I don't use that word lightly, this video has shaken me to my core. The fact that the speaker of the house can actually say this has brought me to tears. Perhaps I'm in an emotional state this morning, but I have a four year old son who I love with every ounce of my being, and the fact that we have leaders whose Mark Gerberhttps://www.blogger.com/profile/07980096984624964261noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-12056228354721796142010-07-02T02:24:16.227-07:002010-07-02T02:24:16.227-07:00Scott,
Well presented and true: they have not a c...Scott,<br /><br />Well presented and true: they have not a clue regarding correct economic principles -- not even the most basic ones contained in a book as 'Economics in One Lesson' by Hazlitt.<br /><br />The two solutions you recommend are noble but will not solve the problem. The correct solution is contained in the work titled 'Civilization Engineering: How to Build the World'CDLIChttps://www.blogger.com/profile/01216074401236580903noreply@blogger.com