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Neoclassical Economics Is a Cult and a Fraud

By bgamall4   Follow   Tue, 5 Feb 2013, 8:19am   240 views   5 comments
In Las Vegas NV 89117   Watch (1)   Share   Quote   Permalink   Like (1)   Dislike (1)  

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 Follow Befriend (9) 228 threads 331 comments Yorba Linda, CA

   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 Follow Befriend (14) 742 threads 2,558 comments 63 male Las Vegas, NV bgamall4's website Premium

   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 Follow Befriend (9) 228 threads 331 comments Yorba Linda, CA

   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 Follow Befriend (7) 29 threads 1,203 comments 31 male Premium

   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 Follow Befriend (14) 742 threads 2,558 comments 63 male Las Vegas, NV bgamall4's website Premium

   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.