- Mar 20, 2000
- 102,354
- 8,444
- 126
she is kinda easy on the eyes
my favorite segment on the news is the hot americans panel on megan kelly's show.
she is kinda easy on the eyes
We weren't "headed" into a recession. We were already in one. In fact, we had been in one since well before the September crash. The trajectory of job loss was frightening. I don't know the textbook definition of depression. I think it actually varies. However, it is indisputable that our circumstances were extremely dire and getting worse by the day. What the congressman was trying to do here was minimize the magnitude of the plight were were in. Apparently, he isn't confidence enough in his argument that government spending wasn't the right solution so he had to try minimizing the problem.
Talk about walking right into it.
Great video.
http://www.realclearpolitics.com/vi...essman_do_you_have_a_degree_in_economics.html
MSNBC babe:"Do You Have A Degree In Economics?"
GOP Rep: "Yes ma'am, I do. Highest honors,"
Yes true in general, but, in context, the question was rhetorical. It was intended to make the point that he didn't know what he was talking about, and it backfired. This is what happens when the journalist tries to play advocate. If they're going to assume that role, they'd do well to learn how to do it right.
It IS worth mentioning here that the Congressman is a complete idiot for believing we weren't headed into a recession. It's rather stunning stupidity.
Agreed 100%
That's not what he said, he said he disagreed with the assessment that we were going into a depression, not recession. There's nothing stupid about that assessment as it's far from a sure thing that we were going into a depression. Recession, yes, depression, maybe.
Yeah we were. The stock market hit a low of 6,700 in March 09. Everyone thought the megabanks were going to fail due to undercapitalization. Congress had to up the limit on insured deposits to $250,000 so people with over the $100,000 wouldn't start pulling money for fear of losing it. The car manufacturers were going to go under and wipe out millions of jobs related to the car industry. Consumer confidence hit an all time low in Feb 09 (link). Remember the credit freeze?
EDIT: Those aren't normal recession type-events.
my favorite segment on the news is the hot americans panel on megan kelly's show.
Talk about walking right into it.
Great video.
http://www.realclearpolitics.com/vi...essman_do_you_have_a_degree_in_economics.html
MSNBC babe:"Do You Have A Degree In Economics?"
GOP Rep: "Yes ma'am, I do. Highest honors,"
Yeah, I tend to believe that we could easily have slipped into depression, but it's still major self pawnage. She ridiculed him and implied that he wasn't qualified to disagree with her, only to be confronted with the fact that he was completely qualified and she's - um, a journalism major.lol. after he said you could see it in her face that that backfired and she really didn't know what to do.
yeah self pawnage. but its not major
I find myself in rare agreement with PJ on this. It was self-ownage. Too bad she has no legal training or she would have learned that you never ask a question that you don't already know the answer to.
OK. What is everyone's degree in?
I'll start: A BS in Physics and Math. Nope, no economics degree there. I did however take a number of business and economics classes. Am I still allowed to have an opinion?
What's your degree in?
OK, here are your questions geared for your degrees:
1. Explain string theory in 50 words or less.
2. If train A leaves Chicago traveling at 50MPH and train B leaves New York traveling 75MPH and the distance between the two cites is 600 miles how far from New York will it be when the two trains meet?
No googling allowed and you have 5 minutes to complete...
1. The theory of strings is that if you tie them all together one can reach a conclusion.
2. They will never meet. It's contrary to union rules.
Talk about walking right into it.
Great video.
http://www.realclearpolitics.com/vi...essman_do_you_have_a_degree_in_economics.html
MSNBC babe:"Do You Have A Degree In Economics?"
GOP Rep: "Yes ma'am, I do. Highest honors,"
OK. What is everyone's degree in?
I'll start: A BS in Physics and Math. Nope, no economics degree there. I did however take a number of business and economics classes. Am I still allowed to have an opinion?
What's your degree in?
OK, here are your questions geared for your degrees:
1. Explain string theory in 50 words or less.
2. If train A leaves Chicago traveling at 50MPH and train B leaves New York traveling 75MPH and the distance between the two cites is 600 miles how far from New York will it be when the two trains meet?
No googling allowed and you have 5 minutes to complete...
A) Undergraduate: Double Major - Finance, Economics. Graduate: MBA
1) String theory states that everything, at it's fundamental level, is composed of vibrating strings. The frequency of the vibration is what defines what things are. I love reading about theoretical physics (String theory, M Theory, etc). Brian Greene and Stephen Hawking's books are fascinating reads. Recently started reading Sean Carroll's book From Eternity to Here. Talks about the arrow of time. Just for fun here's a video of him talking about the theory from the book:
http://www.youtube.com/watch?v=cxFfUsDgnaU <- Edit: Whoops wrong video. That one is on dark matter.
http://www.youtube.com/watch?v=rEr-t17m2Fo <- One on time
2) 360 Miles I think. A lot of these lame questions on the GMAT. It's been a while but I learned to do them quick using an RTD chart (Rate Time Distance). Here's the logic I used to get there:
Train A (Chicago) and Train B (New York) are traveling together at a rate of 125 MPH. At that rate, to travel the 600 miles, it would take 4.8 hours. Since train B is traveling at 75 MPH for 4.8 hours it would be 360 miles away from New York and train A would be 240 miles away from Chicago.
not that it matters, a BS is econ in the 60's does not make you much more informed than anyone else smart enough to graduate from college
Except that the Congress Critter she asked had a double major that he completed in three years, with Highest Honors in Economic, then went on to become a lawyer. Oh, by the way, he attended college in the 70's, not the 60's.
