AUSTAN GOOLSBEE: "PLAYING CHICKEN WITH THE DEBT CEILING" 1-2-2011

[kalumnist]

Wish Goolsbee and the other progressives would roll their eyes and dribble some when they talk about Republican craziness. Just to get their point across in more full force. But Goolsbee naturally looks quite crazy. Could easily see him in a straight jacket getting carted away.

[Digiscat]

translation : Hit the debt ceiling, invest in stocks, when they raise it; Sell!

[miankd]

Goolsbee is the man. Such a brilliant economists.

[m015094]

Goolsbee has a cool voice like Will Arnett

[msbrando]

He probably doesn't know how to form a business. Just another stupid public employee.

[Tevarion1]

Mr. Boehner threatens to commit TREASON!

You know I knew it was only a matter of time before the Tea Party and the GOP overplayed their hand. And now we have the Speaker of the House go on national TV and threaten to commit TREASON. He has said that he is willing to do something that he believes will cause grave harm to the United States of America. ….Good luck defending this one.

youtube.com/watch?v=7IiV4YIEfI­w

[BIGPAWLAK]

WE'RE FUCKED

[biggerturtle]

Let congress shut down. A breath of fresh air will be felt in Wasington for the first time in decades

[Mr40acresandamule]

Do you know what that will mean for certain people. People will be punished and they had nothing to do with this economic crisis. How can you deny a 75 year old man or woman who has worked like a dog for 50 years their social security check. Heck, they paid into the system honorably. Both parties are the blame. They have dipped into social security and medicare to pay for huge tax cuts, useless government programs, needless defense spending and wars.

[biggerturtle]

@Mr40acresandamule Good! Let them suffer . Why didn't they prepare WITHOUT government assistance -

I assume they have families who should help. I 've never taken a penny from Uncle Sam and I never will even though I'm "entitled" Poor judgeement should not be rewarded. This country should entitle NO ONE. Politicians fucked up the system so we have a class of whining slackers who suck off the government's tit

[travel1949]

CON"T.. Members of Congress have spent hundreds of thousands of taxpayer dollars supplying their offices with popcorn machines, plasma televisions, DVD equipment, ionic air fresheners, camcorders, and signature machines–plus $24,730 leasing a Lexus, $1,434 on a digital camera, and $84,000 on personalized calendars.The refusal of many federal employees to fly coach costs taxpayers $146 million annually in flight upgrades. These may Not be much , but it's a start

[travel1949]

Here is where you can cut...Members of Congress are set to pay themselves $90 million to increase their franked mailings for the 2010 election year.The Defense Department wasted $100 million on unused flight tickets and never bothered to collect refunds even though the tickets were refundable.Washington has spent $3 billion re-sanding beaches–even as this new sand washes back into the ocean

[tjagolf33]

If this guy thinks refusing to raise the debt ceiling would cause a greater economic meltdown than was seen in 2008, then he's clearly of the mindset that economic growth is the responsibility and function of the government as opposed to the private sector. Good thing he's wrong.

[ANTIDALLARD]

There is a video of Schiff saying that one billion dollars, wont be enough for a pack of gum. Look it up. My man was WRONG. Plain and simple. And Faber is a great man for the doom and gloom predictions, but never says when. Like a stopped clock. He'll eventually be right, Some day. 

[sf49ers49]

Wow. The minute foreigners don't lend the U.S. money, the U.S. will default. This is what Goolsbee said in this video. I don't understand why rating agencies won't rate the U.S. junk ratings.

What is the similarities between the U.S. government and Bernard Madoff? They both run ponzi schemes.

[poopstreek]

We better just dig the hole a little deeper!

This guy is an idiot.

[longtrader782]

$20 billion in cuts YEAH BABY!!! (Sarcasm) Only $1.6 trillion to go to surplus!!! 

[winterrosscharlton]

Peter Schiff just spent 10 minutes DESTROYING this guy on his radio show Mon Jan 3rd at Schiff radio. What an idiot.

[4clearsky]

This guy is Obamas economic advisor??? He looks like a bad actor trying to lie... God help us all...

[rm6565]

Schiff needs to be turned loose on this guy!

[climbarok]

Goolsbee is a genuine Bonesman from Yale. He's not like us. We live in an oligarchy and he is one of "them."

[personalbusinesses]

Goolsbee is a criminal.

He lies for money.

What did you do at work today daddy? 'Why hon, I fucked up the US just a wee bit more; is supper ready?'

[FreeRE1]

$20 Billion! This doesn't even cover the transfer fee on the $1.7 trillion given to CITI.

[slipcurve]

why is this guy avoiding eye contact? he looks like a crook

[MrVocalBaby]

this guy is impressive, he wants to increase the debt by TRillions and is proud of ditching a 20 Billion program. This is he's plan to balance the budget...

[foreheadboy]

The devil is a liar and a deceiver.

[slhines7]

This guy is a joke and a complete tard, in my opinion!

[superfuzz]

@slhines7 i hope you construct your arguments better than that usually and ur just having a bad day

[slhines7]

@superfuzz I am not sure that I am entirely following you? Are you stating that you like and agree with the B/S words that came out of this baffoons mouth?

[superfuzz]

@slhines7 what he said made a lot of sense and reflected accurate history. what didn't make sense was you called him an idiot twice in one post without refuting anything he said

[slhines7]

@superfuzz Goolsbee is a typical Keynesian vs. what is sound and sane such as pursuing Austrian economics. Do you not listen and agree with people like Peter Schiff, Mark Faber, Jim Rogers, or Max Keiser?

[ANTIDALLARD]

@slhines7 Listen and agree with these jokers ? According to schiff, we should be paying a billion dollars for a pack of gum, by now.. Get some objectivity.

[slhines7]

@ANTIDALLARD Jokers eh, I think not. Schiff and all of the other doom and gloomers never claimed that a pack of gum should cost a billion dollars. All that these Austrian economicists say that hyperinflation is inevitable at the rate things are current going, with the exorbanate money printing, etc is all. They never claim as to knowing exactly when this sort of thing is going to occur. However, they all have accurately pointed out the already raise in cost of many items like commodities.

[slhines7]

@ANTIDALLARD /watch?v=Pl4K4r7K6h0

[slhines7]

@superfuzz /watch?v=X_EHncb_s_4

[arakhachatran]

@slhines7 retard is not a enough to describe what he is saying.

[slhines7]

@arakhachatran Ha ha ha, and I personally am thinking about creating a new word to describe this Keynesianist bastard!