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Politics : Stockman Scott's Political Debate Porch
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To: Softechie who wrote (9993)12/4/2002 3:15:13 PM
From: Jim Willie CB  Read Replies (2) of 89467
 
one of the following applies to most economists:

they dont know their arse from their elbow
they defend the current system
their beliefs are dominated by political ideology
they see no other way to finance a socialist state
they confuse patriotism with economic strategic thinking
they dont understand inflation
they dont understand debts
they dont know how to apply statistical analysis
their opinions are bought
they have been taught nonsense for 20-30 years, and know nothing else
they gave up attempting to know truth when they realized they cannot prove anything
they gave up altogether and became funded political frontmen

they have bent over so many times, they dont know when they are standing upright anymore
they have been buttreamed so many times, they dont know when the are speaking out of their asses or out of their mouths

Pimco's Gross claims they are wrong 80-90% of the time
that sounds about right

/ jim
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