Ann Coulter Smacks Down Arrogant Eliot Spitzer: 'What Business Have You Ran? You're a Governor'
CNN's Eliot Spitzer arrogantly lectured about the benefits of Keynesian economics Sunday while accusing fellow panelists on "Fareed Zakaria GPS" of not knowing what they were talking about because they weren't business owners.
This led British historian Andrew Roberts to point out that President Obama's administration are mostly academics, and Ann Coulter to ask Spitzer, "What business have you ran? You’re a governor" (video follows with transcript and commentary):
ELIOT SPITZER, CNN: Just so it’s clear before Ann starts jumping up and down, I actually believe Keynes was right. I believe that Keynesian economics works and is also true of the Constitution, something the Tea Party may not agree with. And I think the President needs to defend not just in the context of the auto bailout where it’s easy to point to GM and Chrysler and say, “Look what we accomplished,” but the entire economy would have been so much worse. The implosion of both confidence, the financial system, job creation, would have been devastating had we not put in place that cushion of the stimulus package. Now, you’re arguing it counter-intuitively, you’re saying, “It would have been worse but for,” and that’s not an appealing political argument, but it’s economically beyond question. And I think the President now at this moment of intense weakness, lack of job creation, needs to bring all of this oratorical and intellectual skills to bear to say, “Here’s what the record shows us.” David Cameron may be a great leader, the British economy is not faring terribly well because of those cuts. I mean, there is a certain mathematical reality…
ANDREW ROBERTS, BRITISH HISTORIAN: In Britain, we’re trying to deal with this debt.
CHRYSTIA FREELAND, THOMSON REUTERS: But maybe you’re doing the wrong thing.
ROBERTS: Maybe we are, but, but, but he has been elected to try and see this through, and he is seeing it through, and if he does turn out, as I believe, to actually to get away with it, then the anti-Keynesian view will be proven right. The Hayekian view, this next election is going to be a classic Hayekian versus Keynesian election.
FREELAND: In the U.S.
ROBERTS: In the U.S.
ANN COULTER: We’ve run this experiment at different times in this country over and over and over again, and every time nothing is done, there is no Keynesian spending, the economy recovers like that and we have a boom. It did in the ’20s, it did in the ’80s, and every time FDR and Obama jumped in…
FAREED ZAKARIA, HOST: In the ’80s, I would call a massive increase in defense spending during the Cold War…
COULTER: And massive cuts in taxes…
ZAKARIA: Which are Keynesian. Keynes was in favor of taxing. He never made a particular distinction between government spending and or taxing. His point was you need demand in the economy, you need to stimulate demand.
COULTER: Right, but, no, no, no Ronald Reagan winning the Cold War was not part of his taking a Keynesian approach to the economy.
SPITZER: Ann, your statement would be nice if it were true, but it’s not. The reality is if you look at the economics, and you look at what the impact is of both cutting the marginal rates, government spending, the incentives you create to job creation, Keynes has been right at every turn in terms of understanding. If you actually sat down and either were a business person making capital allocation decisions, hiring, you’d understand that what you look at is your return.
In reality, I quite agree with Spitzer that business people making capital allocation and hiring decisions are best-suited to understand how the economy works. Unfortunately, the former New York governor turned CNN host doesn't qualify, as his curriculum vitae identified absolutely no business experience whatsoever.
After graduating from law school, Spitzer first clerked for Judge Robert W. Sweet in Manhattan, then went to a variety of law firms and the Manhattan district attorney's office before entering politics in 1994.
As such, there is not one second of actual business experience in Spitzer's background. Yet, he's lecturing fellow panelists about his economic acumen while claiming businessmen are better suited to make such decisions:
SPITZER: Right now there’s a demand crisis of enormous volume. That’s why we need to create demand in this economy to generate things that we can buy…
COULTER: And Obama’s been following your policies, and that’s why we have a crisis.
SPITZER: The executives are sitting on $2 trillion of capital. The key to getting that capital back into the economy to hire people is demand for the products being made. There has not been a whole lot of ambiguity about that.
COULTER: We have been creating demand with the stimulus money and oddly enough it hasn’t worked, and what the businessmen themselves are asking for is, “Release us from taxes and regulations.”
ROBERTS: The kind of tax cuts that Mr. Pawlenty is talking about, the huge tax cuts that Mr. Pawlenty is talking about, and indeed cutting back the GDP, the amount spent on GDP from the 24 percent it is now to the 20 percent that Mr. Romney wants or the eighteen percent is going to allow moneys to come back into the economy through tax cuts.
SPITZER: Explain to me why. If people are sitting on capital, who are sitting on capital right now who are not investing because capital gains rates are 15 percent…
ROBERTS: Yeah.
SPITZER: You’re saying if you take that fifteen percent, you’re assuming they’re going to invest even when there’s no demand for the product?
FREELAND: Right. What Eliot is pointing out is there’s a lot of money, there’s a lot of money on the sidelines.
Now watch Spitzer stick his foot in his mouth:
SPITZER: Have you ever made, have you been in business?
ROBERTS: Not myself.
SPITZER: You don’t understand how these capital allocation decisions are made. You really don’t.
ROBERTS: Okay, sorry, how many of President Obama’s actual, of which he now only has one left, Mr. Geithner from his original team, they all have left, how many of them actually did businesses themselves? Very few of them. Most of them were academics. So don’t just attack people simply because they think differently than you do.
Indeed. As JPMorgan's Michael Cembalest wrote at Forbes in 2009, Obama's cabinet has few members with actual business experience.
Using Spitzer's guidelines, shouldn't they be exempt from making economic decisions for this nation? More importantly, shouldn't Obama who also has ZERO experience in the private sector and NONE as a business owner?
And why should Spitzer be qualified to lecture about something that by his own standards he's unqualified for?
Coulter didn't miss this hypocrisy:
COULTER: What business have you ran? You’re a governor.
SPITZER: Ann.
COULTER: You’ve been in politics your whole life. You’re haranguing us. “If you were a businessman.” This is the strangest conversation I’ve ever seen.
SPITZER: No, Ann, because you’re making statements that are so completely counter-factual...
ROBERTS: I'm a historian. I didn't live in ancient Rome but I can still write about it.
SPITZER: You're statements about the economy are simply counter-factual, contrary to every piece of evidence…
COULTER: You’re right, you’re right, the economy is just booming right now. That Keynesian economics Obama gave us has been a delight.
Indeed.
The reality is that Spitzer once again showed himself to be a staggering hypocrite.
On the own hand, he lectured guests about economic theory having majored in international affairs at Princeton University and attended Harvard Law School.
He then claimed that others sitting with him were unqualified in matters of finance and economics due to their lack of business ownership while having never himself owned a business.
As I agree with him that folks with actual business experience are likely far more adept in financial and economic affairs, it would be nice to see him and other Democrats now lecturing Americans about their expertise in such issues to disqualify themselves as quickly as they are those on the other side of the aisle that have spent their entire adult lives in the private sector.
Or is that asking too much from a disgraced politician turned disgracefully biased journalist?
- Noel Sheppard's blog
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Comments
→ Not long enough
Submitted by Cool Arrow on Sun, 06/12/2011 - 3:54pm.
My popcorn is ready now so I can watch it again.
Mr. Speaks Down to Little Woman (his Lakota name) knows only what his daddy handed him.
These libs all seem to have a
Submitted by killa37 on Sun, 06/12/2011 - 3:50pm.
These libs all seem to have a problem with 'executives' or 'evil private business' having money on the 'sidelines' and not doing anything with it....................so obviously they can't understand the reasons why it is happening.
And I wouldn't be surprised if the O'Barry REGIME was working feverishly on some way to TAX or CONFISCATE a portion of this money as some sort of penalty for NOT helping to recover the economy.
And, by the way, you've got to admire Coulter's courage, because she will go onto these shows, KNOWING that she is the 'enemy', and fend for herself pretty well, and quite often make the other's look foolish, uninformed, or lame.
That's what I love about Ann, Killa.
Submitted by Newsbubba on Sun, 06/12/2011 - 4:54pm.
She will go on any show with these morons and filet them with facts. She is not afraid of them because she knows they are idiots!
One more thing. I always figured Client #9 to be a "trickle down" kind of guy, if you know what I mean. He needs to take lessons in "business" from some of his working girls who trimmed him in more ways than one. I figure any one of them knows more economics than politicians will ever know.
They have to earn it the hard way.
John Maynard Keynes said :
Submitted by lrgon on Sun, 06/12/2011 - 4:10pm.
"Lenin is said to have declared that the best way to destroy the Capitalist System was to debauch the currency. By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens. There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and does it in a manner which not one man in a million is able to diagnose." ----J.Maynard Keynes
The federal reserve induced policy of inflation has made our currency nearly worthless. It is rare that that bogus system is exposed for its fraudulent nature. Coulter tries but she doesn't really identify Keynesian economics as one based upon the marxist system of abolition of private property.
Keynesianism is an economic rip off scam, pure and simple. Keynesians have included Democrats and Republicans, the most famous GOP Keynesian was Richard Nixon. How many of the current GOP presidential contenders are keynesians? Herman Cain is an advocate of state ownership of auto companies and a big TARP supporter just like "liberal governor Spitzer.
The engine of inflation is the Federal Reserve, and Mr. Cain being a former Fed governor thinks that the Fed is just a fine organization. Although it is run by Keynesians one has to wonder about those GOP contenders who put so much stock in a "debauching" agency like the Fed.
One Dollar Is 1.5 gm Of Gold.
Submitted by Avitar on Sun, 06/12/2011 - 7:20pm.
That was the law for one hundred and twenty-three years. The dollar did go up to 1.505 gm. of gold with the deflation of the nineteenth century. It is very simple to get back to sound money. The Federal Reserve Banks come up with a fixed amount of gold that they will pay for each dollar or we round up the bank officers and stockholders of the Federal Reserve Banks and we chop them up and sell them into the organ transplant market.
Since we are now making about sixty percent of what our great grandfathers did and have a lower percentage of the population employed by the private sector than at any time since we began keeping records in 1929 the American people do not have much too loose by abandoning the current financial infrastructure.
It is time to admit failure. The twentieth century monetary system did not work nearly as well as the nineteenth century monetary system did. The twentieth century tax system has caused almost continuous current account deficits.
The prohibition against alcohol just put money in the hands of Joe Kennedy and other undesirables. The FDA has not kept dangerous drugs off the market But it has reduced the number of beneficial drugs that make it to market.
John .Maynard Keynes said things that the politicians wanted to hear. They don't work but the politicians still want them to.be true and are willing to pretend until they are removed from office.
Still yet....
Submitted by jdripper on Sun, 06/12/2011 - 4:16pm.
The most egregious statement made today which was an out and out lie came from Chris Wallace on Fox News Sunday and why is that not being covered? If we do not look into every media outlet and correct, root out, argue, debate everything then we lose our credibility.
For one thing on this topic John Maynard Keynes said bluntly you spend to get out of an economic relapse but you do not go into debt to do it. That is the single point that these toads seem to forget. That does not stop them from talking.
Jack
So either you need to quote of what Chris Wallace said or
Submitted by hbnolikeee on Sun, 06/12/2011 - 8:24pm.
at least provide a link. Seems pretty vague, at best, otherwise...
What if you're in massive
Submitted by GregE on Sun, 06/12/2011 - 10:22pm.
What if you're in massive debt before ever starting into additional spending?
LET'S LOOK TO THE FUTURE..........
Submitted by Herbster on Sun, 06/12/2011 - 4:16pm.
Poor CNN. Rapidly being flushed down the toilet of low ratings. However, there is a bright spot....CNN executives - take note! What's needed is a NEW show about politics, economics, popular culture, etc. Here's the plan, gentleman. When Weinerman gets out of "Rehab," offer him a show. Team him with Client #9. This is a sure winner. All that's needed is a catchy name for the program - and CNN has a prime time winner! Catchy names that come to mind are:
1. The Ratface Guys and the News.
2. The Anthony and Eliot Show.
3. Weinerman and #9.
4. Twitter and Company.
5. Crotchfire!
#5 is the winner.....I mean, Weiner.......
that was great but the show
Submitted by dmaley1714 on Sun, 06/12/2011 - 4:58pm.
will be call Spitzer on Weiner
How about
Submitted by ProudAmerican58 on Sun, 06/12/2011 - 5:53pm.
Dumb and Dumber
der Weiner-Spitzer????
Submitted by killa37 on Sun, 06/12/2011 - 6:25pm.
der Weiner-Spitzer????
Throw in...
Submitted by adamsmith on Mon, 06/13/2011 - 9:36am.
Throw in Schumer and you've got a new Three Stooges......
→ Too bad, Herbster
Submitted by Cool Arrow on Sun, 06/12/2011 - 5:11pm.
Too bad Congressman Julian Dixon died a couple of years ago.
Weiner and Spitzer,,
Submitted by NJRightWinger12 on Sun, 06/12/2011 - 4:21pm.
Thats not only the new title, but what I paid my last hooker to do!
But seriously, Ann Coulter is an accomplished author, who has said and done great things for the right, but shes GOT to take a damn break from this fu*kin book tour shes doing! I see, and hear, her on EVERY damn outlet, and she has the SAME routine, rants on the SAME subject, and speaks about the SAME things, for this book! Apparently, Ive heard all I need to know about it, about 12 times so far! And can she get off her obsession with Chris Christie? As a NJ resident, I dont want him to run for Pres, please! We have much better cons to run, just because shes in love with him doesnt mean he needs to run!
She could also have pointed out...
Submitted by drsamherman on Sun, 06/12/2011 - 4:47pm.
...that Client #9 has absolutely no authority to talk on financial management after he made such a mess out of New York State's fiscal health during his years.
You KNOW Spitzer had Ann in shock....
Submitted by motherbelt on Sun, 06/12/2011 - 4:55pm.
She was so stunned by his arrogance that she blurted out a grammatically incorrect rebuttal!
I thought surely Noel had been in a hurry and transcribed it incorrectly, but no, she actually said What business have you RAN???
That is NOT normal speech for her!!
I caught that too, although
Submitted by killa37 on Sun, 06/12/2011 - 6:24pm.
I caught that too, although it's pretty minor, and probably acceptable..............#9 didn't say anything about it. Plus, you KNOW that if any of these guys DID have a chance to 'run a business', it would be 'ran into the ground'!!!
no man made economy run from
Submitted by jkwtrading on Sun, 06/12/2011 - 5:11pm.
no man made economy run from above, has ever been successful.
You mean it's not possible to
Submitted by killa37 on Sun, 06/12/2011 - 6:27pm.
You mean it's not possible to tax, borrow, confiscate, regulate, litigate, emasculate, and obfuscate a country into prosperity???? Who knew????????????
I don't think any of them get it.
Submitted by JohnMcGrew on Sun, 06/12/2011 - 5:12pm.
The reason the economy is stalled is unpredictability. Nobody can form and execute a viable business plan with confidence, because as long as we have Obama, the Congress and the Fed trying to "fix" things, there is no way to know what the cost of capital, labor, and regulatory costs are going to be in 12 months, much less 2 to 4 years. Dodd/Frank & ObamaCare are still massive unknowns, and there's still talk of a hyperinflationary QE3. What same person would drop serious money with all those unknowns?
Reagan was successful because he made it clear what he believed, what he was going to do, and people believed that he'd be true to it, and they invested and moved forwards.
What we need is a GOP candidate that will do the same and will be convincing about it. Until then, hunker down and enjoy the depression.
Careful, Ann
Submitted by MinneMike on Sun, 06/12/2011 - 5:36pm.
Spritzer is very familiar with one business and it's "resource allocation"
You could call him a client.
I Hear Ann Coulter Speaking.
Submitted by Avitar on Sun, 06/12/2011 - 5:38pm.
Ann Coulter has said these things so many times on so many shows that I hear the accent when I read the words. It is like Milton Friedman and "Free to Choose" ingrained and Indelible.
Dummy Spitzer robed my retirement fund as New York attorney General when he drove down my stock holdings then forced my fund custodian to sell low.
What he does not grasp is the Laffer Curve. There can be no Keynesian economics on the right side of the Laffer curve and the left side ends around eighteen percent taxation. Anything above that combined Federal, State, and local regulation and taxes and you are driving the economy down faster than you can raise tax rates. The costs of regulation is currently so high that keeping money out of the economy is the most sensible thing to be done.
If I wanted advice on what are the going rates prostitutes
Submitted by no tingly legs on Sun, 06/12/2011 - 5:40pm.
charge and for which services, I'd check with Client #9. For anything else, I'll go elsewhere for expertise.
Why is it that essbags like Jim McGreevey and Larry Craig feel some sense of shame and know enough not to appear on the MSM, but others, like Client #9,The Weiner Man and Barney's Frank (heck, you might as well throw BJ Clinton into the mix) are such narcissists that there is no sense of shame at all? There must be some section of most people's brains that tell them to go back into the woodwork and hide when they act in such a manner, but Client #9 et al lack those brain cells.
→ No kidding
Submitted by Cool Arrow on Sun, 06/12/2011 - 6:35pm.
So why wasn't Spitzer paying 20 bucks downtown instead of importing them from out of town.
Austrian vs Keynsian
Submitted by David Kramer on Sun, 06/12/2011 - 5:56pm.
Well, in this discussion one would have to keep Obama from it, because he thinks Austrian is a language.
I use to get in arguments with my economics profs all the time. I wish they were still there so I could go tell them, "I TOLD YOU!"
I have yet to see my point about our economy brought up yet on the MSM. Maybe if I keep posting it someone will see it and destroy the liars like Krugman.
Here it is-
In 2010 the deficit spending by the US Federal government was 9.6% of the US GDP. The GDP growth rate was said to be 2.6%. Does anyone know what the standard definition of a depression is? It is 4 quarters of declining GDP. If the Federal government did not spend that deficit money, we would have had a NEGATIVE 7.6% GDP.
Case closed. The economy is not just shot, it is worse than any of the Great Depression numbers IMO. Looking at unemployment alone, we are at a 22.3% unemployment rate using the methods from the GD era. NOW, this is not quite as bad as the highest rate back then, but you have to realize that now, we have work programs like TSA and other digging ditches/fill them back up type of agencies. So, in reality the unemployment numbers are actually worse.
The solution to the problem is going to hurt. The alternative of kicking the can down the road will destroy the US. Take your pick.
Well done
Submitted by Blonde on Sun, 06/12/2011 - 8:13pm.
You should be on the talking head shows.
But I have to ask....can you overtalk liberal talking points?
I still have a really hard time fathoming how anyone cannot see the plain truth like the nose on the end of a face? Artificial government spending is even LESS than a zero sum game. But these liberal idiots and their Keynsian nonsense just refuse to see the reality.
I'd love to see someone counteract their stupidity with an argument as simple and well presented as yours.
Handy Reference Guide to Obama's Gaffes and Goofs ~ Currently Numbering 200 (and Counting)
"we have work programs like
Submitted by MaximusBraveheart on Sun, 06/12/2011 - 8:31pm.
"we have work programs like TSA and other digging ditches/fill them back up type of agencies. So, in reality the unemployment numbers are actually worse."
Most government jobs are way worse than having an unemployed person from a financial POV. Even after they retire we are on the hook! And for what in many cases? What has the DO Energy, Education, Housing, etc. done for us? Can them all!
Agree Ann needed to JUST give the Keynsian quote noted near the top about the goal to bankrupt & steal via undermining the currency. What MORE is there to say?
---
"Lenin is said to have declared that the best way to destroy the Capitalist System was to debauch the currency. By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens. There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and does it in a manner which not one man in a million is able to diagnose." ----J.Maynard Keynes
-- Maximusbraveheart -- Is TRUTH knowable? Moral Relativism is the abandonment of Truth. Truth is knowable. Truth conforms to Reality. Reality is observable by evidence & witness in this day & from history. Relativism is Sesame Street play land.
I can't listen to Client No. 9 . . .
Submitted by Galvanic on Sun, 06/12/2011 - 5:59pm.
. . . I'm glad Coulter really stuck it to him.
ah ha
Submitted by Hoosier Conservative on Sun, 06/12/2011 - 7:32pm.
"The reality is...."
The battle cry of a liberal about to tell a lie.
So true!
Submitted by MaximusBraveheart on Sun, 06/12/2011 - 8:25pm.
"The reality is...."
The battle cry of a liberal about to tell a lie.
Simply sad how 40+% of the public is hood winked by the 24/7 spin of LSM lies. They don't pay taxes so they don't really care to consider the alternatives.
-- Maximusbraveheart -- Is TRUTH knowable? Moral Relativism is the abandonment of Truth. Truth is knowable. Truth conforms to Reality. Reality is observable by evidence & witness in this day & from history. Relativism is Sesame Street play land.
I had a different take.
Submitted by DumbCanuck on Sun, 06/12/2011 - 8:03pm.
OweBammer has been in office since January '09, (nearly 2 and a half years) and he still gets a free ride on the economy, because he "inherited the mess after 8 years of GWB."
David Cameron has been in power for just over a year now, but is now responsible for a failing British economy after Tony Blair's/Gordon Brown's Labour party's policies just about bankrupted the nation after 12 years of their government.
Anybody else notice this double-standard?
"There... Are... Four... Lights!"
Client 9 knows about business.
Submitted by hbnolikeee on Sun, 06/12/2011 - 8:19pm.
He has been taking care of his biddness whenever he can. So the argument is no you're wrong. And that shuts down the discussion. Screw that, you sleaze bucket.
You matter of fact quote crap and think it's an argument? Where did you get your degree in economics again? And what business have you run?
Anyone catch this?????
Submitted by GregE on Sun, 06/12/2011 - 10:33pm.
ANN COULTER: "We’ve run this experiment at different times in this country over and over and over again, and every time nothing is done, there is no Keynesian spending, the economy recovers like that and we have a boom. It did in the ’20s, it did in the ’80s.... "
(this next part was not in the above transcript but was said right at that moment.)
FREELAND: "It did in the 20s?????????"
Good grief!!!!!!!! I wish Coulter would have stopped right there and let Freedland expand on that comment.
I caught that too - yes, she
Submitted by amyshulk on Mon, 06/13/2011 - 6:21am.
I caught that too - yes, she should have let that nitwit expound, that would have been rich!!!
Ronald Reagan
I guess the lefty puppet has
Submitted by poseA on Mon, 06/13/2011 - 6:22am.
I guess the lefty puppet has never heard of the roaring twenties.
Roaring 20's
Submitted by MaximusBraveheart on Mon, 06/13/2011 - 11:17am.
I caught that too. Too bad she did not catch that, or, did not have time to respond. Coulter was being very civil. That would have been a fantastic smack down. No 9 was stealing the majority of the time w/ his nice sounding, high & mighty lies speech at the start & the defense at the end, which was the same stuff.
-- Maximusbraveheart -- Is TRUTH knowable? Moral Relativism is the abandonment of Truth. Truth is knowable. Truth conforms to Reality. Reality is observable by evidence & witness in this day & from history. Relativism is Sesame Street play land.
where is the smackdown?
Submitted by ladeflippinda on Sun, 06/12/2011 - 11:19pm.
One again NB has a headline that is not supported by the story.
Ann brought up a very good point
Submitted by Hoosier Conservative on Sun, 06/12/2011 - 11:48pm.
And he replied by essentially calling her a liar. Typical liberal.
Maybe if you'd actually read the article, you'd have seen it.
Submitted by Phryj1 on Sun, 06/12/2011 - 11:56pm.
"COULTER: You’re right, you’re right, the economy is just booming right now. That Keynesian economics Obama gave us has been a delight."
You're welcome.
Progressives seem to be completely averse to facts and logic. Apparently, reality has a conservative bias.
You need to do something
Submitted by Scuba Dude on Mon, 06/13/2011 - 9:05am.
You need to do something about your reading comprehension.
Why?
Submitted by Irene Flick on Sun, 06/12/2011 - 11:37pm.
Why is this idiot criminal on television with his own show? Isn't soliciting prostitutes a crime? Average Joes were getting set up and arrested for it the last time I watched 'Cops'.
Here's the smackdown
Submitted by alvin on Sun, 06/12/2011 - 11:46pm.
The headline just happened to reverse the names:
SPITZER: Ann, your statement would be nice if it were true, but it’s not.
alvin---
Submitted by matthewdean on Mon, 06/13/2011 - 12:11am.
Chipmunks can't read.
Quit trying to fake it.
MD
Sorry, but thanks for playing!
Submitted by Phryj1 on Mon, 06/13/2011 - 12:19am.
Coulter was right. Reagan's economic policy was to let people keep more of their own money. Not Keynesian at all.
Progressives seem to be completely averse to facts and logic. Apparently, reality has a conservative bias.
I've said it once and I'll say it again...
Submitted by nuclearnavymom on Mon, 06/13/2011 - 2:54am.
I wish I could be just like her for one day, just one day.....
Spitzer, aka Bat Boy, makes
Submitted by deerjerkydave on Mon, 06/13/2011 - 8:49pm.
Spitzer, aka Bat Boy, makes my stomach churn about as much as Anthony Weiner. Both are narcissistic horn dogs. The bigger the pride, the harder the fall. Fortunately CNN is there to pick up the pieces. I'm sure they have a job waiting in the wings for Weiner if he ever resigns.
------------------------
"The powers delegated by the proposed Constitution to the Federal Government are few and defined. Those which are to remain in the State Governments are numerous and indefinite. -James MadisonCommon sense
Submitted by David Kramer on Mon, 06/13/2011 - 10:32pm.
This comment was supposed to be reply to Blonde and Maximus, somehow did not link.
Is the problem with most of the economic pundits. They shorted the position when they should have bought heavy!
That is the problem with most politicians and pundits that go on the shows. The prepared questions are a trap, you cannot answer them without agreeing with the predetermined position of the question itself.
The above component I have been spreading everywhere I can. It is so obvious even an idiot on CNBC could not debate against it. Maybe some pundit will read it and spread the truth. Not expecting any miracles though.
I was able to get on the radio once with Ron Kind and tore him a new one about my share of the national debt prior to the last election. I also brought in the devaluation of the currency and that inflation is the highest tax that no one is able to avoid. That is as close to the pundit chair as I have been able to get.