Barron’s asks a famous Nobel Prize—winning economist: "What’s the stupidest thing you’ve heard said about the current economic crisis and how to solve it? What’s the smartest?" He answers "…whichever mind-numbingly stupid thing I’ve just heard, like [U.S. House of Representatives] Minority Leader [John] Boehner’s statement that we shouldn’t u2018reward’ Fannie and Freddie by increasing their resources (he apparently doesn’t understand the meaning of u2018government owned’) But I guess the statements from many players that the Obama plan is a spending bill, not a stimulus bill — when spending is the whole point — top the list." This person is … Continue reading There Is No Conspiracy Here
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