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Old School; Honest Question
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Topic Started: Oct 1 2008, 08:46 AM (242 Views)
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HoosierLars
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Oct 2 2008, 10:55 PM
Post #31
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3 in a row
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- Old_School
- Oct 2 2008, 10:48 PM
- HoosierLars
- Oct 2 2008, 12:39 PM
OldSchool, since you didn't like my analogy of a super-tanker hitting a WW2 min, maybe you will like Warren Buffet's better: http://biz.yahoo.com/ap/081002/buffett_economy.htmlBuffett compared the U.S. economy to a top athlete who has suffered a sudden and severe heart attack. He said the proper response to such a heart attack is to use a defibrillator as soon as possible, not argue about the precise placement of the paddles or argue about whether the athlete should have taken blood pressure medication beforehand.
With all due modesty, I have to say my analogy is a little more fitting than Warren's.
Uhh, you do realize Warren Buffet has much to gain financially from a bailout, don't you? Anyway, his analogy is pure shite as well. First of all, for the athlete to properly represent the current state of our economy, he'd have to be way out of shape and live on a diet of cheeseburgers, donuts, and pop. With this in mind, a "sudden" heart attack should not be a shock to anyone (as indeed it wasn't to the trainers who told him to alter his ways, i.e. the Austrian economists that have been warning of this day for years). One must also assume that there is no defibrillator at hand (as there is no magical cure to be found by way of government), so in a last ditch effort, spectators resort to stabbing him in the chest with a dull instrument. Their reasoning? "We couldn't just do nothing!" It is later found, during the autopsy, that had the mob of spectators not impaled the man, he would have lived and made a recovery. Whether he would have given up his bad eating habits and wised up on staying healthy (free up the markets) or whether he would continue his prior ways (rampant state sponsored economic intervention) would remain to be seen. How'd I do? I agree the "top athlete" was ridiculous, and was also imagining someone who looks like Chuck Weis. I'm going to spend some time boning up on Austrian Economics, so get prepared for some serious abuse. :balls:
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Old_School
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Oct 2 2008, 10:59 PM
Post #32
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Defender of Mars, Kicker of Ass
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- HoosierLars
- Oct 2 2008, 10:55 PM
- Old_School
- Oct 2 2008, 10:48 PM
- HoosierLars
- Oct 2 2008, 12:39 PM
OldSchool, since you didn't like my analogy of a super-tanker hitting a WW2 min, maybe you will like Warren Buffet's better: http://biz.yahoo.com/ap/081002/buffett_economy.htmlBuffett compared the U.S. economy to a top athlete who has suffered a sudden and severe heart attack. He said the proper response to such a heart attack is to use a defibrillator as soon as possible, not argue about the precise placement of the paddles or argue about whether the athlete should have taken blood pressure medication beforehand.
With all due modesty, I have to say my analogy is a little more fitting than Warren's.
Uhh, you do realize Warren Buffet has much to gain financially from a bailout, don't you? Anyway, his analogy is pure shite as well. First of all, for the athlete to properly represent the current state of our economy, he'd have to be way out of shape and live on a diet of cheeseburgers, donuts, and pop. With this in mind, a "sudden" heart attack should not be a shock to anyone (as indeed it wasn't to the trainers who told him to alter his ways, i.e. the Austrian economists that have been warning of this day for years). One must also assume that there is no defibrillator at hand (as there is no magical cure to be found by way of government), so in a last ditch effort, spectators resort to stabbing him in the chest with a dull instrument. Their reasoning? "We couldn't just do nothing!" It is later found, during the autopsy, that had the mob of spectators not impaled the man, he would have lived and made a recovery. Whether he would have given up his bad eating habits and wised up on staying healthy (free up the markets) or whether he would continue his prior ways (rampant state sponsored economic intervention) would remain to be seen. How'd I do?
I agree the "top athlete" was ridiculous, and was also imagining someone who looks like Chuck Weis. I'm going to spend some time boning up on Austrian Economics, so get prepared for some serious abuse. :balls: Bring it. Why don't you spend some time looking into the Austrian theories as opposed to just looking for shit to bash them on. You may find that many of these theories make a hell of a lot of sense.
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The poster formerly known as mybracketownsyou.
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