Tag: Humor

The Federal Reserve: Deficit Enabler »

Even President Obama, the architect of our $1.4 trillion deficit, sees that it is a problem. One indication is his call for a two-year pay freeze for federal workers. (This seems like a tactical error, in that it will have hardly any actual effect on the deficit, and will antagonize federal workers, who would…
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New TSA Checkpoint Sign »

“American Pie” – Altered to Lament My Life and Times as an Economist »

A long, long time ago . . . I can still remember, Mainstream theory used to make me smile. And I knew if I had my chance That I could make equations dance And, maybe, they’d be happy for a while. But Joseph Stiglitz made me shiver With every paper he’d deliver. Bad news…
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Mainstream Economists Will Have a Blast at This Year’s Halloween Parties »

The latest dance craze in mainstream economics is a reworking of a Halloween classic, updated to suit the ghosts and goblins haunting the profession today. (Chorus lines appear in bold font.) The Econ Smash I was working in the lab late one night When my eyes beheld an eerie sight A Keynesian from his…
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Another Crisis Over, Thanks to the Government »

It’s all over the news. “The recession is over.” The mainstream economists say so. This was the longest recession since World War II, I heard on the news (say, I thought the economy was just dandy throughout that war—oh, never mind). The end of this terrible recession into which the free market plunged us…
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The Obama Bumper Sticker Removal Kit: Available Now! »

This real product is available at BSRemoval.com. You can order the Obama Bumper Sticker Removal Kit (also known as the BS Removal Kit) to send to friends, family, and all those still deluded. Here is the firm’s product description: You were drawn in by the promise of hope and change—so much so that you…
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Putting the Gulf Oil Spill in Perspective… »

(click on image to enlarge) HT: Guy Monahan and Julie Sheppard

Jon Stewart Bashes Obama as Hypocritical Enemy of Civil Liberties »

On Comedy Central’s “The Daily Show,” host Jon Stewart powerfully attacks President Barack Obama as a hypocrite and power-mongering opportunist regarding the writ of habeas corpus and other legal standards as protected under the U.S. Constitution. As Stewart shows, Obama repeatedly claimed that he was going to reverse the unconstitutional assaults on civil liberties…
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The Onion: Congressmen Demand Passage of “The IHOP Should Stay Open All Night Act” »

Here is The Onion-SPAN2 satirically reporting on a “hearing” for the emergency bill H.R. 323 (under the provisions of the National Emergency Legislation Act) that has been proposed by a bipartisan group of congressmen, “The IHOP Should Stay Open All Night So That We Can Get Some Pancakes Act.” Submitted the previous night at…
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Why a Stock Analyst Saw Through the “Hockey Stick” Hoax »

Attending the Fourth International Conference on Climate Change, I was surprised by the response Stephen McIntyre, primary author of the Climate Audit blog, and early exposer of Michael Mann’s fraudulent “hockey stick” graph (and continuing exposer of the numerous additional “hockey sticks“), gave to a question as to how he got involved in this…
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