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MSNBC anchor get's smacked down on economics
deadcode wrote
at 3:24 PM, Wednesday July 20, 2011 EDT

Replies 1 - 10 of 17 Next › Last »
superxchloe wrote
at 3:25 PM, Wednesday July 20, 2011 EDT
dc i think you need a dddy style thread for all your links.
deadcode wrote
at 3:28 PM, Wednesday July 20, 2011 EDT
lol
MadHat_Sam wrote
at 3:32 PM, Wednesday July 20, 2011 EDT
GOD I HATE CABLE NEWS. MSNBC, CNN, FOX, ALL OF THEM. HATE HATE HATE HATE HATE.

I HATE THAT I CANNOT USE HTML TAGS TO WRITE HATE IS A BIGGER FONT SIZE. THAT IS HOW MUCH I HATE CABLE NEWS.

I FUCKING HATE CABLE NEWS WITH A BURNING FUCKING PASSION OF 10,000 SUNS!
MadHat_Sam wrote
at 3:32 PM, Wednesday July 20, 2011 EDT
*in a bigger font size, hate fueled proof reading fail.
superxchloe wrote
at 3:33 PM, Wednesday July 20, 2011 EDT
10000 white hot suns?
nunes wrote
at 6:58 PM, Wednesday July 20, 2011 EDT
man i'm a weakling, i had to stop the video after the guy responded because the pressure was too much to handle
mr Kreuzfeld wrote
at 3:36 AM, Thursday July 21, 2011 EDT
lol, niceone

not really a smackdown on economics, just a smackdown on the interviewer, she really didn't do her job.

sadly economics is a complex issue that we know we don't understand. Which means that common people can be right about some things while experts can be wrong, but this does not mean that we should value every oppinion the same.


I have some friends doing mathematical finance, and mathematical economics. They say that our best current mathematical models for economics are surprisingly bad. Even in insurance they price based on history and competition rather than actual statistics. Most insurance companies will actually lose money on certain insurances, because they cannot be outpriced by the competition.

at least we have been able to use econometrics to at least rule out certain theories.
XWhiteDesigns wrote
at 4:36 AM, Thursday July 21, 2011 EDT
Yeah like how the richer the top 10% get the less incentive they have to create jobs.

We learned that over the last 30 years.
deadcode wrote
at 11:29 AM, Thursday July 21, 2011 EDT
BO, Ugly, Mrk, I agree that the video doesn't contain much information on economics.

I posted the video to show how the debate is presented in the media (exception foxnews). If you agree with the administration (41 and 42) that the bailouts and stimulus were necessary to avoid a great depression; no one challenges your statement. If you challenge that argument, which I will add has no evidence backing it, your intelligence is questioned and you're shouted down.

There is a lot of economists that completely disagree with the story being told to the public by the Keynesian employed under the Fed, Bush, and Obama administration. And even though they try and shut down the opinion on the news; people aren't stupid; the message is getting out.
Julie Chen wrote
at 12:07 PM, Thursday July 21, 2011 EDT
code u actually think fox news is quality journalism?
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