hattip to http://www.speculativebubble.com
April 22, 2007
A little economist humor for HP'ers - "people are stupid". Yup.
Posted by blogger at 4/22/2007
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A time capsule of the greatest financial mania in the history of mankind, told in real-time by regular folks and patriots. May future generations better understand the madness of crowds, and how power and money corrupt.
hattip to http://www.speculativebubble.com
Posted by blogger at 4/22/2007
17 comments:
hahahaha
Damnit Keith, there went another keyboard, mouse and pad took a hit too!
Conclusion: Mankiw is stupid. Why? Mankiw is a person, and people are stupid, so Mankiw is stupid.
Would you like to revise and extend your remarks? Certainly. Economists are stupid. Why? Economists are people, and people are stupid. Specific example? Mankiw is an economist.
Too true, very funny.
we're all just a bunch of dumb monkeys.
Oh man, I didn't understand a word he said.
I must be really smart, eh?
great video!
Keith is censoring yet again. I posted two recent sales in my 'hood showing there is nothing even approaching a crash. Both sales were $200K higher than previous sales. Yet Keith won't post it. Why are you afraid of the truth? There is no crash, never was a crash and will never be a crash.
lolo @ mr no crash.
Here is my local Sunday front page paper stupid azz
http://www.newseum.org/todaysfrontpages/hr.asp?fpVname=CA_PE&ref_pge=gal&b_pge=1
IT READS CRASH
I sense "overseas account" (aka slush fund) will be common words once the tide rolls out.
About the time our original thirteen states adopted Their new constitution in 1787, Alexander Tyler, a Scottish history professor at the University of
Edinburgh , had this to say about the fall of the Athenian Republic some 2,000 years earlier:
"A democracy is always temporary in nature; it simply
Cannot exist as a permanent form of government."
"A democracy will continue to exist up until the time That voters discover they can vote themselves generous Gifts from the public treasury."
"From that moment on, the majority always vote for the Candidates who promise the most benefits from the Public treasury, with the result that every democracy
Will finally collapse due to loose fiscal policy, Which is always followed by a dictatorship."
"The average age of the world's greatest civilizations From the beginning of history, has been about 200 Years."
"During those 200 years, those nations always progressed through the following sequence:
1. From bondage to spiritual faith;
2. From spiritual faith to great courage;
3. From courage to liberty; 4. From liberty to abundance;
5. From abundance to complacency;
6. From complacency to apathy;
7. From apathy to dependence;
8. From dependence back into bondage"
I thought the MSM was all lies, now all of a sudden what they say is gospel. my my you renting tools are easily swayed
Anonymous said...
Keith is censoring yet again. I posted two recent sales in my 'hood showing there is nothing even approaching a crash. Both sales were $200K higher than previous sales. Yet Keith won't post it. Why are you afraid of the truth? There is no crash, never was a crash and will never be a crash.
April 22, 2007 5:48 PM
all this proves it that there was one sucker out there! your claim real or not says NOTHING about the market as a whole. What kind of loan did they get? 5/1 neg ARM??? I know you don't know.
If true, good for the greedy seller I suppose. Bet his butt hole was real tight until that pen hit that line!!!!
all this proves it that there was one sucker out there! your claim real or not says NOTHING about the market as a whole. What kind of loan did they get? 5/1 neg ARM??? I know you don't know.
If true, good for the greedy seller I suppose. Bet his butt hole was real tight until that pen hit that line!!!!
Right you are since as well know EVERY SINGLE BUYER is buying with a 1000 year negative option ARM. You're giving Keefer a run for the money on most hytserical post today
Oh no! Anonymous is fighting with himself again!
Great clip, by the way.
Twist recommended this, and I really appreciated it this Monday AM. Thanks!
Anonymous said...
" About the time our original thirteen states adopted Their new constitution in 1787, Alexander Tyler, a Scottish history professor at the University of Edinburgh , had this to say about the fall of the Athenian Republic some 2,000 years earlier:
"A democracy is always temporary in nature; it simply
Cannot exist as a permanent form of government."
"A democracy will continue to exist up until the time That voters discover they can vote themselves generous Gifts from the public treasury."
"From that moment on, the majority always vote for the Candidates who promise the most benefits from the Public treasury, with the result that every democracy"
I guess that means the USA is safe. Here we have a Republic ruled by a small elite.
"A democracy is always temporary in nature; it simply
Cannot exist as a permanent form of government."
"A democracy will continue to exist up until the time That voters discover they can vote themselves generous Gifts from the public treasury."
You have been drinking too much of that Republican Kool-Aide. Next you are going to tell me that War is Peace, Debt is Wealth, Bush is God, etc. etc .
Remember that pledge of allegiance we were all taught in school? The USA is Republic, not a democracy.
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