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* Stimulus Tracker: CNNMoney clocks it at $4.7 trillion in total stimulus so far. It’s a neat little graphic breaking it all down. (Hint: Most of it is via the Fed.) * What really made me skeptical about the White House’s “support” for Bernanke and Geithner, was this anonymous email that uses the word “honestly” […]

"End the Fed" Rap Video

I must be out of touch. For the last 6 months I have been working on a remake of The Hollies’ “Pay You Back With Interest” thinking it would be a fantastic and cutting edge critique of Paulson and Geithner. The video was going to feature girls with dresses showing their ankles, people driving around […]

Progressives Starting to Realize That George Carlin Was Right…

…the game is rigged, you don’t have a choice. Hmm, McCain or Obama? One would ramp up military adventures in the Middle East while pledging fiscal responsibility while actually running unprecedented deficits, whereas the other candidate would…oh shoot. What’s interesting is not so much Paul Krugman’s discussion of Obama and Hoover (and his failure to […]

Bernanke Will Be Distracted at the FOMC Meeting

Yikes, Senator Jim Bunning let out a bombshell today (HT2LRC): A Republican senator said Tuesday that documents showing Federal Reserve Board Chairman Ben Bernake covered up the fact that his staff recommended he not bailout AIG are being kept from the public. And a House Republican charged that a whistleblower had alerted Congress to specific […]

Art Laffer Publicly Says Bernanke Should Go

C’mon now, in contrast to some of the other big gun economists, Laffer isn’t afraid to state the obvious. I think some of you should cut him slack for the Schiff stuff now. From a letter to the editor in the WSJ (HT2 Peter Klein): Ben Bernanke is a good person, a fine academic and […]

A Helpful Nag From Uncle Bob

Hey kids, just to refresh your memory, I still think we are the opening stages of what will become known as the second Great Depression. (I think they will hold off on calling it “Great Depression II” because then people might get worried there will be a whole series.) On top of that, I expect […]

What Is This Harvard Student Smoking?

Mark Weber passes this NYT story along, explaining that Hayek is spinning in his grave. At first I didn’t see what a story about Mexican drug cartels had to do with Hayek, but then it hit me: It may seem strange to examine this shadowy world with equations. But mathematics is transforming the social sciences. […]

Telly Savalas Listening to Doug French?

Oh no. I am putting in a Doug French lecture on money for the junior high curriculum, and there seems to be an oblong spheroid hovering in the lower right corner of the screen throughout his entire lecture…