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Paying the Bills

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First Draft Krewe in NOLA


  • Click above image for our Hurricane Katrina coverage, including photos and stories from our recent First Draft New Orleans trip.

Lower 9th Ward: March 2006

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    These are stills captured from video shot March 2006 in the Lower 9th Ward of New Orleans specifically the area between N. Claiborne, Florida Ave, Tupelo and Tennessee.

Lower 9th Ward: August 2006

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    These are photos and stills captured from video taken August 2006 of the Lower 9th Ward specifically the area between N. Claiborne, Florida Ave, Tupelo and Tennessee.

Paying The Bills

« A Perfect Storm of Wanking and Dumbassery | Main | Wind...Gone with the Bailout »

September 23, 2008

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"The great argument got its start in 1974, when a White House chief of staff named Donald Rumsfeld sent his deputy, Richard Cheney, to have lunch with an ebullient young economist named Art Laffer and his journalistic sidekick, Jude Wanniski. According to local lore, Mr. Laffer sketched a curve on a cocktail napkin..."

Jesus Fucking Christ we've had Decades of these 2 asshats and their disasterous fucked up ideas.

Great post Oyster!

According to what I've heard, Laffer wasn't even what professional economists would call an economist; he was sort of a guy who'd maybe taken a couple economics courses in college...

That's right, folks, the entire world's monetary policy these days is being directed by people who are walking, talking examples of the Dunning-Krueger Effect...

Unfortunately, our collective Lake Wobegon mentality will keep us electing Laffers, Cheneys and other used-car salesmen.

chicago economics is bad for civilzation. period.

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