Yes he was. His Dad is the infamous tax protestor Irwin Schiff.Originally Posted by buddahas
That Art Laffer fellow that's in that video, CNBC still trots him out on a regular basis. Seems to me his words are what should be taken with a grain of salt.
an update, and I took the liberty of changing the thead title.
“We make money the old fashioned way. We print it.”
- Art Rolnick, Chief Economist for the Minneapolis Federal Reserve Bank
Web of Debt - “OOPS, WE MEANT $7 TRILLION!” WHAT HANK AND BEN ARE UP TO AND HOW THEY PLAN TO PAY FOR IT ALL
and more shenanigans from AIG:
AIG Gives ‘Retention’ Pay After Scrapping Bonuses
Bloomberg.com: Worldwide
Last edited by esoteric1; 2nd December 2008 at 02:29.
I am so surprised that USA uses such a communist approach. That will be a very bad example for the whole world.
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Eh, wasn't Elliot Clark like Superman? Or am I getting confused?
If you're being run out of town, get in front of the crowd and make it look like a parade.
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errr no, he was just a very naughty boy that didn't listen in the politics 101 class.
Slightly back on topic - I saw a news report about the British economy - you think its bad in the states!!!! (I think the technical term used by the leading economic boffins and gnomes of Zurich is that "it is ROYALLY F*CKED - tho' the chaps at the Colonial Club tend to shy away from such language)
Last edited by Slim Chance; 12th March 2009 at 06:22.
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