Davis Straub's Economic Schizophrenia

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Re: How Obama Screwed Up Wed, Sep 22 2010, 4:02:52 am

"If we only had a Keynesian policy maker or two in charge, then things would be put back on the right path." Davis Straub

Re: How Obama Screwed Up Wed, Sep 22 2010, 6:09:55 am

"Thank god Larry Summers is gone." Davis Straub

http://ozreport.com/forum/viewtopic.php ... 9&start=30

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Davis just can't bring himself to admit he's wrong about most anything.
It's painful to watch him hold court on things not related to hang gliding in his self admitted Off Topic "cesspool".

Hang gliding, he kind of knows things. I'll give him that but economics and his former mantra, anthropogenic global warming, he is fairly misinformed at the least, or at the other extreme, he purposely puts out crap to advance an ugly agenda. He may be honestly ignorant because of government school programming, as many are. (John Gatto covers this well)
http://www.lewrockwell.com/gatto/gatto-arch.html

Honest ignorance is no crime unless it is accompanied by arrogance.
In the least, this is Davis' crime. That, and the ugly playground bully tactic of censoring anyone that disagrees with the self appointed smartest man on his blog, only surpassed by the prolifigate Keynesian policy pitchman, Paul Krugman, of the NY Times, that Davis admires so much.

So much crap. 'Fire up the printing press'. "Money is free".

The bankers have stolen trillions. Davis doesn't think it's enough.
'
Davis, not too long ago, said 'it was near impossible for anyone to have predicted' our present economic situation. 'It's so complicated but let's give more power and more money to the experts that couldn't see this economic collapse coming'.

Too much education (indoctrination/programming) must be the problem.
Straub isn't talking about the global warming hoax (proven) that he bought into from the Al Gore and the ugly railroad engineer that seek to make billions off a breathing tax.. CO2 is poison! The sky is falling! Stop exhaling and save the planet! ... such rubbish.. while ignoring the real toxins that are soft killing us by the millions.. eugenics is the evil programming implanted in Davis Straub's overheated mind, IMO. Too many people using to many resources.. hypocrite! Look who jets around the world satisfying his own selfish needs. How much deadly (sarcasm) CO2 is Davis Straub and his chase crew emitting? A hell of a lot more than the millions of people that are going to die if the CO2 as poison lie is furthered.

Davis spewed those lies and censored opposing opinions. Can he defend that?
Is that still the story? Can he admit that he was duped or will he continue to spread the delusions at a cost of millions of lives?

On the economy the psuedo expert Straub doesn't believe could be predicted..

Peter Schiff predicted it perfectly in 2006.
http://www.youtube.com/watch?v=2I0QN-FYkpw

Ron Paul, has been predicting it for decades..
Hell, even I could see it coming. I told all my friends..

Davis so feared Ron Paul in the run up to the last presidential selection that the political/economic/science expert Straub, went to great lengths to censor the name of Ron Paul. Called him a kook. Obamma was Davis' pick.

Davis has gone to bat on three big issues and struck out three times.
He claims he paid (pays?) a carbon tax to Al Gore. (the big fat liar)
Is that still the case, Davis?

How many tons of the plant growth fertilizer CO2 are you paying tax on these days?

Are you happy with the change you got with the latest puppet in the Whitehouse? Are you happy that you helped so much to put him there?

Inquiring minds want to know..

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Ron Paul warns of Worldwide Economic Collapse
http://www.youtube.com/watch?v=CRCi9gUq9j0

Ron Paul's 2002 Predictions Come True
http://www.youtube.com/watch?v=pvlUx5ECD2w&feature=related

Ron Paul Predicted The Collapse In 2003 - Morning Joe 5/15/2009
http://www.youtube.com/watch?v=826q7RqTEk8&feature=related

Ron Paul: Is this reality or just a bad dream?
http://www.youtube.com/watch?v=zdXh6ASMfpc&feature=related

Ron Paul: What if the People Wake Up?
http://www.youtube.com/watch?v=4fHfdSi-GDo&feature=related

Fall of the Republic (HQ full length version)
The video that was too long for Davis to watch a couple years ago..
http://www.youtube.com/watch?v=VebOTc-7shU&feature=related

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Malthusian anthropogenic global warming mongers want you dead.

http://www.youtube.com/watch?v=sSTLDel-G9k

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Osama Bin Laden rises from the grave to agree with Davis Straub.

http://www.youtube.com/watch?v=RMW5wglFkUk&feature=fvwk

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Davis again proves to be the lowest denominator as he grinds an economic policy discussion to a halt with the following:
http://ozreport.com/forum/viewtopic.php?t=21736

The bailouts out (Bush's TARP program) saved some banks and financial firms and likely the financial system (although I would have preferred people going to jail and nationalization), but it is clear that although the recession as defined is over for now, we sure don't have a recovery and we have lost at least 8 million dollars.

Bevis, the bully, has spoken nonsense and no one wants to say the emporer has no clothes.. and that thread seems to have died.

Straub also wrote:

The FED has set the interbank interest rates very low as a part of monetary policy, not fiscal (political) policy. So there is no reason to confuse these two as this article does (on purpose?).

Monetary policy isn't fiscal policy?
Who's confused here?
Davis Krugman Straub, critiquing Joseph Stiglitz, is downright obnoxious and a little funny.. if things weren't so serious.

Yeah, 'it's clear the recesion is over' ... (the depression has begun)
You can read all about it in the Krugman Times or the Bevis financial blog a year or two later!
It's the law of the lowest common denominator on the Bevis bully blog.
Who is left to say that the emporer has no clothes?

Bevis should stick to his perpetual pecker measuring contests where he enjoys being bested by his betters on a regular basis. He writes that he can't enjoy flying just to be flying. That's just sad..

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Former Treasury Secretary Rubin: Bond Market Could Implode; Vote to Increase Deficit Could be the Trigger


Is Davis Straub, the self interest journalist, delusional or deceptive as he parrots the NY Times, Krugman's idiotic pleas that the American people just haven't been yet fleeced enough by the corrupt bankers?
Is he stupid or is he evil. Does he know what he is doing or is he just an overeducated idiot?

http://ozreport.com/forum/viewtopic.php?t=22005
In this thread appropriately named "The Fed lays it out for everyone to see" he copies this from the NY Times

At a speech in Chicago, Narayana R. Kocherlakota, president of the Minneapolis Fed, also defended quantitative easing.

He said that in normal times, if the Fed let banks create more money, that could spur inflation. But, he said, that “this basic logic isn’t valid in current circumstances” because banks were sitting on nearly $1 trillion in excess reserves held at the Fed.

“This means that they are not using a lot of their existing licenses to create money,” he said. “Q.E. gives them $600 billion of new licenses to create money, but I do not see why they would suddenly start to use the new ones if they weren’t using the old ones.”

Still, he said the effects of the Fed’s new policy “are likely to be relatively modest.”

Somehow the wheels {Krugman} in Davis Straubs' head reads this as the Tea Party and the Chinese are against jobs for Americans.

I love it that the Tea Party and the Chinese are on the same side. Davis Straub

Davis doesn't read what the fed head actually said. The fed said that the bankers have stolen money that they are not lending and that if they get more it likely won't help anything anyway.

Jobs aren't going to be created but it sure makes good talking points for the repeater reporters like Davis Straub.

Davis' mentor, Krugman:

What do the government of China, the government of Germany and the Republican Party have in common? They’re all trying to bully the Federal Reserve into calling off its efforts to create jobs. And the motives of all three are highly suspect.

The motives of Krugman and Davis Straub are suspect in my mind.

Here is what Robert Rubin, has to say :

EconomicPolicyJournal.com
November 17, 2010

Former Treasury Secretary Robert Rubin is laying it on the line. At a confrence today at the Pierre Hotel in NYC he said, according to Arron Tusk, that the soaring federal budget deficit and the Fed’s quantitative easing are putting the U.S. in “terribly dangerous territory” and warned of a bond market “implosion.”

Get this. He said Congress’ vote on raising the deficit ceiling next spring could be the “trigger” for a rout in the Treasury market.

He also said the Fed’s plan to buy $600 billion of Treasuries “has a lot of risk,” calling the international reaction “horrendous.”
http://www.economicpolicyjournal.com/2010/11/hot-former-treasury-secretary-rubin.html