THE ECONOMIST

Have you noticed all these PhD/Nobel Laureate economist fools are absolutely too busy spewing bullshit in the media and attending off season seminars instead of actually sitting down and coming up with concrete solutions. A plan, any plan, for rebuilding the American business model, instead of statistical manure and footnotes about the big D.

All we hear is rubric and rhetoric from these IPad armed Phd assholes. I would be very impressed if anyone of them would help come up with a realistic assessment of how America needs to be restructured in order to become competitive once again. That's what the economists are busy doing in China, Brazil and India.

Are you sick and tired of hearing these assholes argue the psycho-monetary linguistics of spending and printing money?

Why are our capital markets dysfunctional? Capital deformation instead of formation.

Why is our venture capital model broke? Jobs for China.

What has happened to our bankruptcy process? Distressed debt trading  platform and derivatives loophole.

Why are we exporting engineers but keeping bankers? Repeat 10 times, then repeat again.

Why have we converted our education system into a tuition debt machine? $300,000 for a degree in practical photography from a for profit institution?

What is so special about private equity (go private, IPO, go private, IPO, more debt, more debt, IPO)

What is the bottom line on energy? Or has Matt Simmons taken the peak oil secret to the grave?

Yadda, yadda, yadda

 Do any of these highly educated doctoral pimps and hookers ever dive into these issues or are they all suffering from the same practical cognitive impairment? Don't answer that...

BTW: Have you noticed that both of Obambos two principal economic advisors have never run a business? The third is getting ready to run for Chicago.

WB7

"Save the economy, Burn an Economist"