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Who taught these people about banking???

Most economists teach a theoretical framework that has been shown to be fundamentally useless. -- James K. Galbraith
by Migeru (migeru at eurotrib dot com) on Tue Mar 3rd, 2009 at 08:04:08 AM EST
[ Parent ]
People who believe that The Market Is Always Right, that the business cycle has been arbitraged away, that this time it's different and that it's OK to gamble as long as you only do it with other people's money.

- Jake

If you only spend 20 minutes of the rest of your life on economics, go spend them here.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Tue Mar 3rd, 2009 at 08:09:20 AM EST
[ Parent ]
You're surprised by this after Katrina and Iraq?

Conservatives want live babies so they can raise them to be dead soldiers. - George Carlin
by Drew J Jones (myfriends@thisispancakes.com) on Tue Mar 3rd, 2009 at 08:09:51 AM EST
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