During Bernanke's testimony the patent what if China et al stop buying our debt and funding our spending came up a couple of times. It was phrased so similarly to the way it's been poised here on more than one occasion that I assume there's a common mainstream media source for the expression of this fallacy and economic m

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Source - http://www.blogginwallstreet.com/2006/02/bernanke-on-trade.html

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I've watched quite a few of these semiannual Fed testimonies to Congress and it seems like (statistics aside) the economic ignorance of our elected officials just gets worse and worse every six months. Jeez it's painful too watch. I like to write down the stupid things I hear people say on TV. I'm now sorting through 16 p

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Source - http://www.blogginwallstreet.com/2006/02/economic-insanity.html

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A reader recently passed on comments by Morgan Stanley's chief economist Stephen Roach. Despite his respectable position and illustrious career Roach is just another perma-bear. In November 2004 the Boston Herald reported

I'm motivated by money, but I'm not fond of being bound by it. Money is paradoxical. It simultaneously frees us and fetters us. This bit from the movie Office Space illustrates both sides of the paradox:

PETER: Lawrence, what would you do if you had a million dollars?
LAWRENCE: I'll tell you what I'll do, man--Two chicks at the same time.

Source - http://www.blogginwallstreet.com/2006/02/money-money-money.html

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