Tag Archives: IMF Chief Jackass Calls For Taxpayer-Funded Bank Recapitalsations To Avoid Painful Deleveraging; Mish Says Fire The Parasites And Disband The IMF

Mish/ Mike Shedlock – IMF Chief Jackass Calls For Taxpayer-Funded Bank Recapitalsations To Avoid Painful Deleveraging; Mish Says Fire The Parasites And Disband The IMF – 19 April 2012

Yesterday TrimTabs president & CEO, Charles Biderman, proposed Firing All Government Economists and Disbanding the BLS, BEA and Census Bureau

I countered with …

“Biderman’s proposal a mere down payment on what needs to happen. In addition to getting rid of the BLS, the BEA, and the census bureau, we also need to get rid of the Fed, the department of energy, student loans, crop subsidies, the small business association, Davis-Bacon, prevailing wage laws, collective bargaining, and all sorts of other programs that at best accomplish nothing at tremendous cost, and in most cases do further economic damage because of graft, inefficiencies, and bad reporting.” Continue reading

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