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Financial Oxymoron of the Year:  The envelope, please.

As the year wore on, analysts warned of an Oxymoron Bubble. Nearly every two-word phrase on the business page seemed to qualify. To wit:

financial services
financial system
market discipline
government oversight
business judgment
free market

Let's throw in Federal Reserve. And is it too soon to add modern civilization? OMG, I need to get a grip.

"European Union"?

Our knowledge has surpassed our wisdom. -Charu Saxena.

by metavision on Thu Jan 8th, 2009 at 05:24:58 PM EST
[ Parent ]
Nothing is more absurd than "health care system." Wait ... "deferred success" shoulda been a contender, but it's in the next post down re: Citibank ...oh wait ... BREAKING: a submission by Marty "tradeable gas rights" Feldstein.

defense spending

Defense spending will have a small part of the [stimulus] package, but some is expected to be included along with domestic programs. And in his own testimony before the House, Harvard economist Martin Feldstein argued that the bill could be an opportunity to address the need to replace and repair equipment strained by the war in Iraq.

"Both supplies and equipment will eventually need to be replaced," Feldstein said. "Now is the time to do that."



Diversity is the key to economic and political evolution.
by Cat on Thu Jan 8th, 2009 at 06:05:12 PM EST
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