Favorite Quotes

CURRENT FAVORITE QUOTES

"The most fundamental form of human stupidity is forgetting what we were trying to do in the first place"

"Party like its 1929"

Wednesday, July 27, 2011

A modern Cassandra, Sir James Goldsmith

     How this guy didn't go completely nuts when confronted by the persistent, unwavering idiocy of the the people he was dealing with is beyond me. He clearly saw the coming crash and nobody would listen to him. Proof that being right can be small comfort. This interview is from 1994 and he saw it clearly and predicted it perfectly, the stooge from the Clinton Administration is painfully clueless.

     There are six videos. watch them all.

     One of the best bits is when he asks "Who benefits?" regarding GATT and then explains in painful detail what the multinationals are really like, and what they intended to do. He also nails the dangers of derivatives way back in 1994.

     And here is that same Laura Tyson (now misadvising the Resident and wearing painfully sad eyeglasses as well) still not getting it in a debate with Peter Schiff courtesy of the BBC. She still just talks a lot and says precious little of value. She doesn't get that "stimulating" the economy to cure the overheating is like a junkie taking more heroin to kick his habit. Pathetic.

No comments:

Post a Comment