Currently having a hearing on the Fed and its role in creating bubbles.
Link (EDIT: to watch live Web cast, there’s a link to the right-hand side):
http://financialservices.house.gov/Hearings/hearingDetails.aspx?NewsID=1752
Currently having a hearing on the Fed and its role in creating bubbles.
Should read: Currently having a hearing on the Fed and its role in creating bubbles being humored for appearances’ sake and ignored.
This is gonna be epic as this all unfolds.
Unfortunately I agree
Still, I wish it was being recorded for a Lew Rockwell podcast. I could definitely do for hearing DiLo and Paul talk for three hours.
You can watch it, there’s a link to the right-hand side that will open up a Windows Media live stream.
You can watch it, there’s a link to the right-hand side that will open up a Windows Media live stream.
Thanks for pointing that out.
Clay is slandering Austrianism. “You don’t use the scientific method”…accusing DiLorenzo of not being an economist. Typical diversionary tactics. “You work for a Southern Nationalist group.”
Clay is insinuating that DiLorenzo is racist. And this has to do with Fed policy how…?
Clay is insinuating that DiLorenzo is racist. And this has to do with Fed policy how…?
Poisoning the well.
Though, in hindsight, Paul might have seen this coming. Murphy would probably a lot harder to poke on the Evil Southron question.
Did he really say “You don’t use the scientific method”?
He took his entire criticism of the Austrian School from Wikipedia.
He took his entire criticism of the Austrian School from Wikipedia.
That’s about the intellectual limit of most politicians. Their brains are geared towards language, not logic.
Did he really say “You don’t use the scientific method”?
Word for word. The man is a nitwit.
Aww I wish I could stay and watch this… but I have to go in 5 ><
Did he really say “You don’t use the scientific method”?
You might be lucky. I about lost my breakfast after Clay’s slander. He didn’t even ask DiLo any questions, he just insinuited he was a racist crank while explicitly refusing to actually support his accusations regarding Austrian economics.
Le Master, basically that whole escapade went like this:
“We don’t have time to debate economic theory, but let me tell you why your position is ridiculous in a minute. Did I mention you hate Lincoln?” - Clay
“We don’t have time to debate economic theory, but let me tell you why your position is ridiculous in a minute. Did I mention you hate Lincoln?” - Clay
He should have just been out with it and said, “Do you want to lynch me, Mr. Dilorenzo?”
DiLorenzo told the congressman from Arizona to read Rothbard’s A History of Money and Banking in the United States! Haha, “well, there is an anarchist you could read…”
I wonder if Rothbard has ever been mentioned in that room before.
Congressman Jones is an economic nationalist. And he says, “greed is the most dangerous thing affecting America.” What a doofus.
I hope someone is recording this. I couldn’t listen to the webcast, unfortunately. 