The Great Depression Of 2008 - Page 9 - Mercedes-Benz Forum

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post #81 of 86 (permalink) Old 11-02-2008, 08:10 PM
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Nobel Winner Aumann Says Bernanke, Paulson Steps `Not Smart'

By Tal Barak and Alisa Odenheimer

Nov. 2 (Bloomberg) -- Robert J. Aumann, the Israeli economist who won the 2005 Nobel Prize in economics, said the steps taken by Federal Reserve Chairman Ben S. Bernanke and U.S. Treasury Secretary Henry Paulson to save financial markets ``weren't smart.''

``The intervention by the regulators to save the U.S. economy will lead to further bankruptcies of banks and insurance companies,'' Aumann said at a rabbinical conference in Jerusalem yesterday. ``They are only encouraging institutions to take more uncalculated risks.''

...Aumann, who won the Nobel Prize for his work on game theory, said there is ``no financial crisis'' in Israel. The Israeli government's decision not to intervene in the financial markets was correct, he said.
Bloomberg.com: News

There is scarcely anything in the world that some man cannot make a little worse, and sell a little more cheaply. The person who buys on price alone is this man's lawful prey. --John Ruskin
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post #82 of 86 (permalink) Old 11-02-2008, 08:24 PM
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Amazingly, everyone in America who wasn't tied to multi-million dollar Wall St. jobs or fat lobbyist bank accounts representing them, knew the same thing - all without one of those idiotic Nobel prizes they just dish out by lot anymore.
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post #83 of 86 (permalink) Old 11-02-2008, 08:25 PM Thread Starter
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What are you tryin' to say?


"If spending money you don't have is the height of stupidity, borrowing money to give it away is the height of insanity." -- anon
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post #84 of 86 (permalink) Old 11-03-2008, 04:52 PM
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Uncle Sal Aramid (USA) was a healthy guy once upon a time. Now, as an Uncle, he's struggling, taking up residence in the outpatient ward, pending further tests.

On the outside, he was a bully and many of his targets are also in clinic for results of the confrontations. Sal is a christian, so he never thought his actions needed to be justified.

But they were pretty smart. Thru-out time they have gained power by stealing his businesses and made it all right by returning drugs of every kind.

A couple of these quasi-foes are very big fellows. They have lots of guns and friends.

They're not happy that they were infected with the virus Uncle passed on.


Doctor Real informed our proud hero that his white blood cells are all busy fighting disease, most of which his only in his mind. His red cells are suffering from lack of oxygen and a lot of them are cut off from the lungs to grow and reproduce.

He is so fat and fetid from overindulgence, his organs are failing like a house of cards, one after another. His pusher/pimp is so powerful, he gets his drugs as often and as strong as he wants into his IV. These steroids are astronomically expensive, but he's running a tab with the hospital. Not to worry.

It is kind of funny to watch the other roomies put chocolate milk duds in his food though.

When devils will the blackest sins put on, they do suggest, at first with heavenly shows - Othello
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post #85 of 86 (permalink) Old 11-03-2008, 05:01 PM
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Quote:
Originally Posted by cozette View Post
Uncle Sal Aramid (USA) was a healthy guy once upon a time. Now, as an Uncle, he's struggling, taking up residence in the outpatient ward, pending further tests.

On the outside, he was a bully and many of his targets are also in clinic for results of the confrontations. Sal is a christian, so he never thought his actions needed to be justified.

But they were pretty smart. Thru-out time they have gained power by stealing his businesses and made it all right by returning drugs of every kind.

A couple of these quasi-foes are very big fellows. They have lots of guns and friends.

They're not happy that they were infected with the virus Uncle passed on.


Doctor Real informed our proud hero that his white blood cells are all busy fighting disease, most of which his only in his mind. His red cells are suffering from lack of oxygen and a lot of them are cut off from the lungs to grow and reproduce.

He is so fat and fetid from overindulgence, his organs are failing like a house of cards, one after another. His pusher/pimp is so powerful, he gets his drugs as often and as strong as he wants into his IV. These steroids are astronomically expensive, but he's running a tab with the hospital. Not to worry.

It is kind of funny to watch the other roomies put chocolate milk duds in his food though.
Was this from "Across The Universe"?
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post #86 of 86 (permalink) Old 11-03-2008, 05:03 PM
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Originally Posted by QBNCGAR View Post
Was this from "Across The Universe"?
Just trying to make Aesop proud. I forgot to mention alt and prime class viruses that haven't finished their incubation periods.

When devils will the blackest sins put on, they do suggest, at first with heavenly shows - Othello
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