Neoclassical Economics Is a Cult and a Fraud


By bgamall4   Follow   Tue, 5 Feb 2013, 8:19am   291 views   5 comments
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http://say-no-to-recourse-loans.blogspot.com/p/neoclassical-economics-is-cult-and-scam.html I cannot emphasize enough what a fraud Alan Greenspan was in both the S & L crisis and in the Ponzi Housing Bubble.

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  1. Bubbabear


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    1   9:40am Tue 5 Feb 2013   Share   Quote   Permalink   Like (1)   Dislike  

    Alan Greenspan was the kingpin responsable for the distribution of RE "CRACK", that was distributed by the NAR to all the American SHEEPLE...

  2. bgamall4


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    2   9:46am Tue 5 Feb 2013   Share   Quote   Permalink   Like   Dislike  

    Billybigrig says

    Alan Greenspan was the kingpin responsable for the distribution of RE "CRACK", that was distributed by the NAR to all the American SHEEPLE...

    It was financial crack. The economic model that assumes risk is covered makes rosy assumptions. That is all that Neoclassical Economics is about, Rosy Assumptions!

  3. Bubbabear


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    3   10:39am Tue 5 Feb 2013   Share   Quote   Permalink   Like   Dislike  

    bgamall4 says

    Billybigrig says

    Alan Greenspan was the kingpin responsable for the distribution of RE "CRACK", that was distributed by the NAR to all the American SHEEPLE...

    It was financial crack. The economic model that assumes risk is covered makes rosy assumptions. That is all that Neoclassical Economics is about, Rosy Assumptions!

    ...and their still peddling that Financial Crack to our "media biased" informed youth ...

  4. errc


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    4   10:46am Tue 5 Feb 2013   Share   Quote   Permalink   Like (1)   Dislike  

    bgamall4 says

    Billybigrig says

    Alan Greenspan was the kingpin responsable for the distribution of RE "CRACK", that was distributed by the NAR to all the American SHEEPLE...

    It was financial crack. The economic model that assumes risk is covered makes rosy assumptions. That is all that Neoclassical Economics is about, Rosy Assumptions!

    That and conflating land, as capital.

    Illogical assumptions, like perpetual growth, as well.

  5. bgamall4


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    5   10:50am Tue 5 Feb 2013   Share   Quote   Permalink   Like   Dislike  

    errc says

    That and conflating land, as capital.

    Yeah, to be tapped by a heloc.

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