An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
Mr. Obama seems to have a Soviet-style of governing in that he seems to want to set up committees and czars to give the impression of progress (regardless of the constitutionality) but never accomplishing anything. (Actually, if these committees and czars do nothing, I think we would all be better off than if they did something.)
Impressive. Bringing truth to the misinformed in power takes guts even when a person has enormous credibility. I just hope this is the system of governance working as it should and NOT a Last gasp before getting crushed.
4 comments:
Mike,
WOW!
I never thought somebody of his Prof stature would tell it like it is so bluntly!
What will these debt doomsday a__holes use for an excuse now?
I hope this goes somewhere...
That was surprisingly good.
Mr. Obama seems to have a Soviet-style of governing in that he seems to want to set up committees and czars to give the impression of progress (regardless of the constitutionality) but never accomplishing anything. (Actually, if these committees and czars do nothing, I think we would all be better off than if they did something.)
Impressive. Bringing truth to the misinformed in power takes guts even when a person has enormous credibility. I just hope this is the system of governance working as it should and NOT a Last gasp before getting crushed.
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