Just came across this old Mises Blog post:
Of course it did not work. The short term improvement was due to the Repeal of Prohibition and all the job it created in the alcohol industry. FDR could not get unemployment much below 15% until he started drafted millions to fight and die in World War II.
HT: Jeff Hummel
I guess it's what Wolf thinks passes for a very "hard-hitting" question... if Paul says "maybe", then Wolf makes him seem disloyal to Republicans. If Paul says "no way", loses the Republican nomination and then decides to run 3rd party, Wolf has a video clip of Paul saying "no way" and then "flip-flopping".
That's why Wolf makes a bazillion dollars a year salary... 'cause he asks the really hard-hitting questions!
I believe it's actually around $3 million...still putting him well into the 1 percent.
You may remember this one, where Fox News whines about "why does Ron Paul have to all in libertarian?"
Someone (Jack Hunter) finally addresses the "I Like Ron Paul Except on Foreign Policy" phenomenon...
That PJ News Break was completely true. After Obama's words I was left thinking "how the hell do you think you 'grow' the economy by removing these promises of loan payments? That screws with the whole system! And it's not like the money is being destroyed by being given to the creditors!" And then the guy did the segment with the dollar and I burst out laughing.
A friend of mine has just forwarded me this:
Google Censors War Crimes Video
Peter Schiff on Fox Business with the redhead (who may or may not have a little crush)
They're trying so hard to paint any sort of "good outlook ahead" picture they can and he just won't play ball.
Zach Weiner (SMBC) has outdone himself:
I see nice parallels between Colbert's segment on Alabama's immigration law and the Glass-Steagall act:
Good 60 Minutes Clip
Did anyone see tonight's 60 Minutes on Madoff's wife and son? The most important part was the narrator saying that SEC investigated Madoff and found no wrong doing, but that the (economic) bust made it impossible for Madoff to maintain the scheme.
To paraphrase Marc Faber: We're all doomed, but that doesn't mean that we can't make money in the process.
Rabbi Lapin: "Let's make bricks!"
Stephan Kinsella: "Say you and I both want to make a German chocolate cake."
Even PBS documented the SEC's incompetence (or should I say, ignorance). This is actually a pretty good overview. You can watch the full program at the site (or on Netflix streaming):
<iframe width="420" height="315" src="#http://www.youtube.com/watch?feature=player_embedded&v=xkM7cdMgcEc" frameborder="0" allowfullscreen></iframe>
Damn, I have no idea how to link a video. Anyway, the video is great; there are private militia men bearing arms at an occupy protest.
@Josh: That's really dangerous precisely because of the response it elicits from the police. Unlike private security, the public security apparatus is necessarily territorial. Not only does it maintain a monopoly on the legitimate use of force, it is so jealous of this monopoly that it doesn't even want the idea of peaceful, competiting, private security agencies co-existing with one another crossing the public's mind.