Bad, Bad, Ben Bernake
I’ve grown sick of the recent Obama ads airing here in Maryland where the President tells the viewer that we have two choices to make – Gov. Romney’s is the one lowering taxes on the rich, cutting benefits, blah, blah, blah. And then he says that we’ve tried that for years and it’s what caused this economic mess.
Seriously? Does anyone buy this tripe? James Pethokoukis doesn’t. He has a great article over at the AEI that you must go read. Now. It’s worth the few minutes it’ll take you to read and digest. Here’s the hook:
[A] book by Robert Hetzel, a senior economist at Federal Reserve Bank of Richmond, says [the great recession] wasn’t Bushonomics or greedy bankers or broken markets that caused the Great Recession. In The Great Recession: Market Failure or Policy Failure, Hetzel pins the blame squarely on the Federal Reserve and Team Bernanke.
We’re going to have to get a new 50′ plasma screen for the Castle rec room since the last time that commercial aired, I punched the TV. Hard.
GorT is an eight-foot-tall robot from the 51ˢᵗ Century who routinely time-travels to steal expensive technology from the future and return it to the past for retroinvention. The profits from this pay all the Gormogons’ bills, including subsidizing this website. Some of the products he has introduced from the future include oven mitts, the Guinness widget, Oxy-Clean, and Dr. Pepper. Due to his immense cybernetic brain, GorT is able to produce a post in 0.023 seconds and research it in even less time. Only ’Puter spends less time on research. GorT speaks entirely in zeros and ones, but occasionally throws in a ڭ to annoy the Volgi. He is a massive proponent of science, technology, and energy development, and enjoys nothing more than taking the Czar’s more interesting scientific theories, going into the past, publishing them as his own, and then returning to take credit for them. He is the only Gormogon who is capable of doing math. Possessed of incredible strength, he understands the awesome responsibility that follows and only uses it to hurt people.