Sunday, November 16, 2014

Harry Reid: Jonathan "Americans Are Stupid and We Need to Lie to Them" Gruber is ‘One of the Most Respected Economists in the World’

On December 1, 2009, Harry Reid lauded Gruber on the Senate floor, calling him “one of the most respected economists in the world.”


  1. Unlike the statist charlatan, Gruber, here are the wise words of the great Thomas Jefferson:

    I know no safe depository of the ultimate powers of the society but the people themselves; and if we think them not enlightened enough to exercise their control with a wholesome discretion, the remedy is not to take it from them but to inform their decision.

  2. Crazy Eddie CFO: 'We are in the golden era of white-collar crime'

    The U.S. government is losing the war against white collar crime.

    That's the message from Sam E. Antar, one of the masterminds of the massive Crazy Eddie fraud of the 1980s.

    "We are in the golden era of white-collar crime. My biggest regret is I should've been a criminal today rather than 20 years ago," Antar told CNNMoney on the sidelines of a New Jersey securities fraud summit.

    Antar drew a big round of applause when he pointed out that no one from Wall Street went to prison because of crimes that led to the financial crisis.

    "We are devoting far less resources to combating crooks like myself today than back in my day," he said.

    But Antar didn't just flag concerns about government resources. He also questioned the independence of auditors, pointing out that KPMG served as an auditor for Crazy Eddie as well as Madoff. "Great client services," he joked.

    KPMG did not respond to a request for comment.
    "Want to trust audited numbers? I used to brag about them all the time," he said.