Idjit
The list, ping
Let me know if you would like to be on or off the ping list
Sounds like he’s saying it failed, not that they intend to stop.
This revelation surpasses the Einsteinian quote that the “definition of insanity is trying the same thing over and over, and expecting different results.”
He’s gone one better by admitting that he knows the results will be the same, but he does it anyway.
Arrest him and his. He can not get away with that after all this.
If he was kicking at the end of a rope, it might
encourage the others...
Yeah, and Kenyan economics failed also.
Reagomics and Supplyside economics 1 Socialistic Keynesian economics 0
Keynesian supporting Liberals keep on slamming the successful Reaganomics because it’s too conservative for them, and they don’t want too admit the success of Reagan.
Obama failed. That is the message. O will go down in history as the one who F’ed up America. That’s his legacy. Geithner is being PC, bottom line, he’s saying this administration failed the US.
Tim Geithner couldn’t count his balls and get the same number twice.
With some smart people in charge (and there are none in sight) the stimulus could have been avoided, some laws and regulations not been passed and we could be on our way out instead of digging in.
Instead of agonizing over raising the debt limit, just say no and get onto reining in EPA and strangling regulations.
vaudine
If these limo liberals did not revise history in service to the “progress” of Marxism and beleive one another’s propganda, they would already know centralized economies do not work.
Kenyanesian Economics have failed too.
We don’t have the ability (because of the overhang in housing and the problems in the financial sector) to engineer artificially a stronger recovery.
There it is in one word: "artificial"
But he stops short of saying "we should have known we couldn't play God". Because he still doesn't think they can't, or shouldn't, "play God". I think he's bewildered by the failure of Keynesianism. He just can't figure it out.
One more bit of proof that Liberalism is not merely the philosophy of the evil or the insane ... it IS the philosophy of the STUPID.
wow, this from the genius
Has he gotten around to telling the boss?
Over the past 40 years or so, for the first time in history and at an ever-doubling pace, Americans have run up credit cards, high LTV mortgages and home equity loans, new car loans, personal loans (for big-screen TVs and a zillion other toys), school loans, loans for vacations, loans for this, loans for that... all for the purpose of living high on the hog today with the idea that everything will be paid for sometime in the distant future. Always, in the distant future.
The common mindset has been, “Get complete gratification today, pay for it tomorrow!”. But then the cars depreciate, the TVs and toys break, the vacations and casino trips leave only memories, and the parties come to an end. But paying for it all, well, that continues for the next 15 to 30 years. But it’s okay - - just borrow some more and do it again, and push an even bigger day of reckoning out another 10, 15, or 30 years.
Naturally, the banks and the government have worked hard to be accomodating enablers. At least, they were until recently...
Of course, the government itself has operated in exactly the same way, and perhaps even more recklessly than the selfish, ignorant chattering class.
Gee, who saw this depression coming?
/sarc
The day of reckoning has come a little earlier than many expected. The time to pay the piper is here. It was inevitable.