Thursday, July 19, 2012

Hot: Former Clinton Keynesian Economics Adviser Hangs Up the Phone on Me

You won't want to miss the up coming Robert Wenzel Show. My guest was Robert Shapiro.

He was undersecretary of commerce for economic affairs in the administration of President Bill Clinton, principal economic adviser to Bill Clinton in his 1991-1992 campaign, a senior economic adviser to Al Gore and John Kerry in their campaigns, a co-founder of the Progressive Policy Institute, legislative director to Senator Daniel Patrick Moynihan, and an associate editor of U.S. News & World report.

After a back and forth on the LIBOR rate, I called him on his claim that the financial crisis was caused by free markets. I asked him some basic questions about the economy that he couldn't answer, which resulted in his hanging up the phone on me.

13 comments:

  1. Ha! That's a pretty effective debate tactic...

    Looks like you won't be winning any "Charlie Rose" awards this year Wenzel-lol

    ReplyDelete
  2. I'll definitely be tuning in for this one.

    ReplyDelete
  3. haha can't wait.

    ReplyDelete
    Replies
    1. Gee, what a surprise. Yet another Keynesian pseudo-intellectual coward. They hate debating anyone who knows something about economics. They are used to having their massive egos stroked by compliant and dunderheaded media buffoons. It's depressing to think that miscreants like Robert Shapiro inform the most powerful people in the world and edit widely read publications like U.S. Snooze and Weak Retort.

      Delete
    2. Widely read? Ain't that the parrot cage liner than sold for $1 a few years ago?

      Delete
  4. Its just too bad that the rumour of "sharp-shooter Wenzel" is going to spread pretty fast among the nomenklatura, so the probability of getting to interview them gets smaller for each one you cut down.

    Still though, should be a hoot!

    //Hans

    ReplyDelete
  5. These monsters are too dumb to realize that they'll be exposed in the first place. Shapiro: "It is the fault of the free market, even though I have no idea what that is". Washington D.C.: It's Hollywood for ugly people.

    ReplyDelete
  6. First Dick Morris hangs up on Peter Schiff when confronted with real economics and now Robert Shapiro hangs up on Mr. Wenzel. Free market economics to a keynesian is like holy water to a vampire. Too Funny!

    ReplyDelete
  7. Bravo RW. As soon as we demolish the "claim that the financial crisis was caused by free markets", we will always be on the defensive. It's time to question or challenge every assumption, premise, or claim before the discussion. One needs to agree on the definition of terms in the beginning just as any good lawyer will have a term sheet in a contract to avoid any ambiguity of language. Let's start off with the definition of a free market and move forward from there.

    ReplyDelete
  8. Suggest creating an archive or scorecard of your interviews (with links) with brief description, interviewee pass/fail grade to start.

    ReplyDelete
  9. Lessons learned here is don't do phone interviews of statists. Why not give them the opportunity of storming out of the interview?

    ReplyDelete
  10. I am really loving The Robert Wenzel Show, but have you looked into the quality of the host mic? Your voice should be clear as rain, whereas the guest sounds muffled. But you BOTH sound muffled... sorry if you've already addressed this before... Nonetheless, it's not too annoying... I love the show though! I think you do a great job.

    ReplyDelete