Showing posts with label economics. Show all posts
Showing posts with label economics. Show all posts

Sunday, October 23, 2011

Occupy Wall Street - Chris Hedges shuts down CBC Kevin O'Leary

CBC interviewer pnoed by journalist, author and professor Chris Hedges.
CBC's Kevin O'Leary: "Listen, don't take this the wrong way, but you sound like a left-wing nutbar". So professional.

Interesting side note: The Hurt Locker opened with a quote from Chris Hedge's book War is a Force that Gives us Meaning (2002): "The rush of battle is often a potent and lethal addiction, for war is a drug."

Thursday, March 17, 2011

And where exactly will Bernie get this money?

Unfortunately Bernie Sanders doesn't know what he's talking about.

Gov't has no money. Gov't is broke. It has trillions in deficits (it borrowed money, then spent it, and now has no more. Worst, since the gov't has been doing this for so long, it now can't function without this borrowed money)

One of two things will happen:

1) Out-of-control government get reigned in by people who understand that now is the time to act before things get catastrophic (the tea party movement thing)
2) The government will go bankrupt

The consequences of (2) are much more serious than taking Pell Grants away from grad studends

Bernie's leftist arguments sound nice in theory but don't apply to the real world.

Here are some realists:




And if you have time for some real clear thinking