Showing posts with label Chicago bang bang busted. Show all posts
Showing posts with label Chicago bang bang busted. Show all posts

Thursday, 21 June 2012

SUPERKALAFRAJIFUKA-NOMICS


If you stack Chicago School (fascist) economists at the bottom of Lake Michigan, would the resulting methane cause global warming to increase rapidly? No, but it would worth trying. I don’t have the right data now, but I could extrapolate from the dead body of their boy Augusto Pinochet whose bones could still be required to do time in a Spanish jail.

IshitUnot: Naked capitalism
Steve Levitt: Like a True Chicago Boy, Likes People to Go to Jail so Markets Can Be Free

Yves here. Readers reacted positively to the inaugural report by the S.H.A.M.E Project on Malcolm Gladwell. S.H.A.M.E. , stands for “Shame the Hacks who Abuse Media Ethics.” Its approach is to provide information about the background and funding sources of well-recognized journalists and pundits so that the public will be in a better position to recognize bias and hidden agendas in their reporting and analysis.
This second report, on the widely-read economist Steve Levitt, overlaps strongly with NC’s beat. Note that this dossier format is the one S.H.A.M.E. plans to use for future releases.
By S.H.A.M.E Project
Steven D. Levitt
Co-author of #1 Bestseller Freakonomics; Economics Professor at the University of Chicago
Named one of Time magazine’s “100 People Who Shape Our World,” Steven Levitt, author of Freakonomics, is generally assumed to be a harmless, quirky pop economist for trivia nerds. However, Levitt has a history of attacking teachers’ unions, advocating for the privatization of prison labor, defending online gambling and occasionally crossing over the fringe-right line by promoting climate change denialism and, some have argued, racial eugenics. A dyed-in-the-wool Milton Friedman neoliberal from the same “Chicago Boys” network that brought you the “shock doctrine,” Levitt’s idea of economics Utopia is a world in which “the market” solves all our problems and government is restricted to protecting property rights.

Sunday, 29 May 2011

I wouldn't lend to people like us

The budget guy of Illinois says that his state needs a 12-step
program because it's gone a bit wild.

People should not give them any alcohol, sorry, money.

[I would not join a club that would have me as a member. Nor would I let them lend me money- Groucho]

checkitout:
Treasurer says he would call bond houses, warn against lending to Illinois
BY HANNAH HESS • hhess@post-dispatch.com > 217-782-4912 STLtoday.com | Posted: Monday, May 23, 2011 2:42 pm
SPRINGFIELD, Ill. • Illinois chief fiscal officer said Monday he is willing to dial up the bond houses and finance companies to alert them that lending the state more money, as Gov. Pat Quinn has proposed, would be a "major risk."
' 'If I need to send letters o the rating companies to tell them the treasurer of Illinois is opposed to more borrowing, I'm going to do that," said Republican Treasurer Dan Rutherford.