Btw; BO you should definitely watch the speech. He explains monetary policy and how the Keynesians are f'ing stuff up. Definitely a big attack on Keynesians economists.

Remember Austrian economists predicted this whole melt down in 2003.

Amurika could definitely use a dose of Ron Paul

Well that's who I'm voting for so far.

just because some people don't believe evolution it doesn't make it any less a foundation of biology -- in the same way dismissing keynes's theories doesn't make them any less the foundation of economics. one bad recession 30 years after letting the bull loose doesn't either, in fact if anything our recent financial troubles are proof that you can't pick and choose when you use Keynesian policies. You either do and succeed (Germany) or you are inconsistent and you fail (Ireland).

ok, so i dont know shit about economics. give me something to read (that isnt a wikipedia article)

The economist is such an awesome magazine.

Pretty cool website. I shall be checking that one out regularly from now on.

Also let me note: too big to fail is indeed a real facet of our modern economy. However becoming too big to fail demonstrates a failure on the part of the free market to regulate itself (one of it's many failures) and that's why 100 years ago progressives like Teddy Roosevelt and Taft were breaking such companies apart. It wasn't socialism, it was basic economics of which Keynes and all macro economists should be advocates.

Point is, just because some wallstreet asshole tries to justify the bailout as keynesing economics (and therefore associating with his reasonable principles) doesn't make it so. We should never have had banks or corporations that were too big to fail / we should've broken them apart like we used to.

Sent from my iPhone

How do you suggest we go about "breaking up" a company in a legal sense? At what point do you "break up" a company? Would it apply to only the financial industry, or should Walmart/Exxon/Microsoft/etc. be broken up as well?