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serryjw Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-26-05 11:29 PM
Original message
Heads up! Charlie Rose
will have Milton Friedman on for the entire hour,should be GOOD SHOW
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GrumpyGreg Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-26-05 11:36 PM
Response to Original message
1. Did he just say we should ban alcohol and tobacco?
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depakid Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-26-05 11:38 PM
Response to Original message
2. The Chicago School
If you can point your finger at one set of people most responsible our socioeconomic woes, it's guys like Milton Friedman and their disciples. If you understand econ, then you might appreciate the sophistry- it is clever- and might even suck you in- but if you see though it, if you understand the basic fallacies- it can really piss you off.

Personally I'd be tossing things at the TV- 'cause I've already had more than an earful in the "know thy enemy" department.

Thanks for the warning...;-)
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TahitiNut Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-26-05 11:47 PM
Response to Reply #2
3. Uncle Miltie is truly a total whore for the right.
Sophistries, indeed! At first, not being an economist myself, I was impressed with his erudtion. After a while, it became clearer he'd sold his soul - if he ever had one.
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GrumpyGreg Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-26-05 11:50 PM
Response to Reply #3
5. Unbelievable,isn't it? He even says we shouldn't break up big trusts.
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depakid Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-27-05 12:00 AM
Response to Reply #5
9. Externalities rarely fit into his equations
Edited on Tue Dec-27-05 12:28 AM by depakid
He could care less about pollution, for example. His view is that corporations have one social responsibility- and that's to keep making more money- which of course mean growing indefinately (even though we have finite high density energy and material sources).

That "world view," of course, is in essence a perpetual motion machine- and Friedman isn't interested in goverment regulations to place true costs of production on industries- or halt destructive growth or promote sustainability.

You'd think a guy who won a Nobel Prizewinner would understand just a little thermodynamics- but no.

People like him because he's libertarian on some issues like marijuana legalization (and private school vouchers)- but really, he became a sophist of the first order in his later years.

Oh, and did I mention Pinochet? ;-)
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GrumpyGreg Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-26-05 11:49 PM
Response to Reply #2
4. He's pro school vouchers and thought a lot of Barry Goldwater
and Ronald Reagan--------I'm done with this interview.

He also said the economy was good in the nineties was because we had a Democratic president and a Republican Congress. Unbelievable.
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serryjw Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-26-05 11:55 PM
Response to Reply #2
8. I'm still of the school
of "keep your friends close and your enemies closer"I can debate the right kool-aid drinkers if I understand how they present it.'Framing' has become more inportant than the message.
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depakid Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-27-05 12:04 AM
Response to Reply #8
10. Just be careful- he's still crafty
in his old age. He was actually brilliant once- but like Anakin, he's long since gone over to the dark side. (pardon the hackeyed metaphor).
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EST Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-26-05 11:51 PM
Response to Original message
6. I used to think Charlie Rose was an important, significant
interviewer, asking penetrating questions and delving into issues that took courage and a thoughtful, open mind. I was wrong.
That show has become such a trivial rant, making a point of his own commitment to the dark side by asking leading questions, that I refuse to waste any time on his puerile, servile offerings. Piss on him.
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SoCalDem Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-27-05 09:09 PM
Response to Reply #6
15. Charlie is a hack n/t
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firefox Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-26-05 11:53 PM
Response to Original message
7. The economy couldn't be better
Edited on Tue Dec-27-05 12:28 AM by firefox
Earnings are higher than ever. All the jobs leaving the country has been a good thing. Greenspan is the best Federal Reserve Chairman ever. The trade deficit and USG deficit are no problem.

I am glad someone really thinks things are so wonderful.

He is calling for the legalization of drugs just like alcohol and tobacco. He says we cannot enforce our own laws and we are causing death in Colombia because of it. If you can justify prohibition of drugs then it makes sense to make alcohol and tobacco illegal because they kill more than any other drugs.

-------------------------------
On school vouchers

Government has a monopoly on education. It is run by the teachers unions. 85% of schools are run by government. 25% of delegates to Democratic Convention are teachers. 25% of students do not graduate. We are developing an underclass. We should not subsidize schools. We should subsidize the students- just like food stamps subsidize the consumer and not the grocery store that provides the groceries. Using vouchers you would subsidize the students and that would break the monopoly that exist mostly by geography. Whatever government does, private industry can do it for half. Say give 5 or 6 thousand for vouchers. It would cover government education and give options to students.
----------------------------------

Where was Milton Friedman wrong?

He says that anti-trust lawsuits do not do any good. The only monopolies that need busting are the ones of government. The only reason monopolies exist is because the government supports them. Busting up AT&T was good.
-------------------------

What is your legacy?

I want it to be twofold. I wants personal life and life as an intellectual economist judged seperately. He wants to be recognized for his contribution to human freedom. He wants economist 25 and 50 years to recognize his work.
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Tactical Progressive Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-27-05 12:12 AM
Response to Original message
11. I managed to watch about five minutes
of that demagogic little prick before I had to change the channel. Just enough to hear his condescending, bullshit rationalizations about how tax cuts are always right, government spending is always wrong, and the Clinton economy was thanks to Reagan.

He's an extreme libertarian nutcase, who helped usher in the whole era of dishonest Chicago school 'economics'.
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serryjw Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-27-05 08:46 PM
Response to Reply #11
14. RFLOL! So did I!
he gave me such a headache!It was truly unwatchable. He may have made sense once a upon a time, but last night he had Alzheimer's
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ROakes1019 Donating Member (434 posts) Send PM | Profile | Ignore Tue Dec-27-05 12:32 AM
Response to Original message
12. Charlie Rose
I often find myself getting outdone with Charlie Rose. He does ask leading questions to favor Bush et al. He dangerous because, at first, Rose seems like such a nice guy; but he's either basically stupid, uninformed, or whoring for Bush.
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Algorem Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-27-05 12:56 AM
Response to Original message
13. said people like to get free lunches but there are no free lunches
Rose could have said something about Abramoff and all the free lunches he's been passing out to Friedman's Republicans but nah.
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