What if President Elect Obama selected you as his economic adviser, you have complete control of the economy, he will OK any suggestion you make, your decisions are final, your job starts tomorrow.
You are allowed to hire 5 people to your team who would they be and why ?
Bonus question: What would be your first 5 decisions in this role, and how would you implement them ?
Peter Schiff - We need someone who says that Americans are broke.
Bill Clinton - We need someone who can get the chicks.
Decision #1 - Send Paulson and Bernanke to Gitmo. By airplane.
Decision #2 - Layoff 50% of the US government.
Decision #3 - Fire 49.9% of the US government
Decision #4 - Sell the White House to the Chinese and tell Obama to move into a Holiday Inn Express (BUY AMERICAN!)
Decision #5 - Cancel all current and future military/foreign policy expenditures. Use the money to send fruit baskets to countries that America has decimated, manipulated or tortured. Millions of fruit baskets (BUY AMERICAN!)
Robert Murphy, Robert Higgs, Joseph Salerno, Michael Rozeff, and Peter Schiff. (If I could appoint international folk, I would get Jorg Guido Hulsmann and Jesus.
You guys are all crazy! I mean, the answer is so obvious:
Paul Krugman - He’s so good at equations!
Arthur Laffer - This guy saw it all coming years ago! He said we’d have a decent slow down!
Nancy Pelosi - This woman is a shining example of what it means to be a great Congresswomen with her undying support of Israel. If we give them more money it will stimulate their spending on American goods!
Ben Bernanke - Only the greatest Fed chairman in history, need I say more?
Henry Paulson - We need a Wall Street insider to calm the markets.
How could you guys pick anybody else?
Now, the first 5 orders of business!
Raise the corporate tax rate to 90% - we need to bring home jobs from overseas!
Give a $4.3 trillion stimulus plan to the economy - spending must increase!
Set the Fed Funds target rate at -12% - a strong economy needs investment!
Set wage/price floors to increase annually
Create another 10 million government jobs, mostly directed at helping the environment
Yeah that’s it! Let’s see any of you evil capitalists beat my economic blue print!
P.S. - Your sarcasm detector should be beeping violently by now
After some thinking I suppose I would have to hire:
1.Ben Bernanke so I would have a familiar face to show around,
Kaspar Oja so I would have a new fresh to demonstrate my willingness towards fresh ideas,
John McCain to show that the two parties can get a long
Micky Mouse to show that I stand for American values
and finally
Jon Stewart for PR
After that I would get on my new Five-point program to reform the state and bring prosperity…
Step 1 - I would make the United States available for privatization
Step 2 - I would set the requirements for the privatization of the state so that only one person on the planet would be able to do it
Step 3 - I would write the state to my name
Step 4 - I would nationalize all real-estate and valuable metals and jewels
Step 5 - I would order the FED to annually print hundreds of trillions dollars and to distribute it to any one who wants it. Just to keep the public happy.
I would eliminate the dept. of education. elminate social security. Eliminate homeland security. Eliminate corporate personhood, which would, in essence, eliminate corp taxes. Eliminate income tax & user fees. Eliminate import/export tariffs…
Peter Schiff - We need someone who says that Americans are broke.
Bill Clinton - We need someone who can get the chicks.
Decision #1 - Send Paulson and Bernanke to Gitmo. By airplane.
Decision #2 - Layoff 50% of the US government.
Decision #3 - Fire 49.9% of the US government
Decision #4 - Sell the White House to the Chinese and tell Obama to move into a Holiday Inn Express (BUY AMERICAN!)
Decision #5 - Cancel all current and future military/foreign policy expenditures. Use the money to send fruit baskets to countries that America has decimated, manipulated or tortured. Millions of fruit baskets (BUY AMERICAN!)"
This may well have been the greatest post ever made on these forums.