General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsRand Paul Knows Nothing of Milton Friedman's Work
http://www.theatlantic.com/business/archive/2013/08/rand-paul-knows-nothing-of-milton-friedmans-work/278517/Reports of Milton Friedman's death have not been greatly exaggerated. That's because he passed away in 2006. But this fact may have eluded Senator Rand Paul, who told Joshua Green of Bloomberg Businessweek in a somewhat strange interview that, if he had to pick a living person, he'd pick Friedman to run the Fed. Yeah, about that...
Now, it's not clear if Paul is just joking here, but what is clear is he doesn't know anything about what Friedman actually thought about monetary policy. See, Paul is a case of the apple not even falling from the tree. Like his father, he's no fan of the Fed, and thinks quantitative easing has only created an "illusory" recovery. So when he says he thinks Friedman "would be better than what we have," he almost certainly means that Friedman wouldn't be buying bonds like Bernanke has. And that, of course, couldn't be more wrong.
Fumesucker
(45,851 posts)LuvNewcastle
(16,835 posts)Ideological people don't need to know things; they just let their ideologies guide them. People like that are very dangerous if they acquire any power.
malaise
(268,717 posts)Rand Paul Knows Nothing
Here endeth the sentence!
hobbit709
(41,694 posts)greatauntoftriplets
(175,729 posts)He's a Know Nothing.
malaise
(268,717 posts)Jefferson23
(30,099 posts)Then he can sing about returning to the Gold Standard and how his anti taxation ideas will help
the economy and the Fed should be run by someone like his Dad..since Friedman is dead.
Of course then he can explain how government is not being intrusive when it comes to his
position on abortion..none even in the case of rape and or incest. I want to hear him explain,
as a man who graduated Duke with a medical degree, how he can recognize a legal right to life
of unborn humans from the moment of fertilization!
I want to see all of this and more GOP, please don't disappoint me!
The guy is a fucking idiot.
K&R
calimary
(81,125 posts)If you look into the eyes of the Kentucky Pipsqueak, you see that there's nothing but deadness in there.