Comments on: Felix Salmon smackdown watch, Rubin/Sperling edition http://blogs.reuters.com/felix-salmon/2011/01/03/felix-salmon-smackdown-watch-rubinsperling-edition/ A slice of lime in the soda Sun, 26 Oct 2014 19:05:02 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: klhoughton http://blogs.reuters.com/felix-salmon/2011/01/03/felix-salmon-smackdown-watch-rubinsperling-edition/comment-page-1/#comment-22664 Tue, 04 Jan 2011 14:57:32 +0000 http://blogs.reuters.com/felix-salmon/?p=6786#comment-22664 Fine, Felix. Join my write-in campaign: (Bruce) BARTLETT FOR AMERICA!

See also Tim Duy’s body-slam of Rubin; Rubin’s legacy is to force mercantilism on what should have been democracies–a lose-lose situation if ever there was one.

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By: ARJTurgot2 http://blogs.reuters.com/felix-salmon/2011/01/03/felix-salmon-smackdown-watch-rubinsperling-edition/comment-page-1/#comment-22661 Tue, 04 Jan 2011 14:30:36 +0000 http://blogs.reuters.com/felix-salmon/?p=6786#comment-22661 “And one thing that most politicians, academics, and bankers have in common is that they are fundamentally parasitical creatures”

Felix, you have GOT to get out of NYC for a while. In those ‘fly over states’, things are actually working fairly well at a basic level. Actual Bankers, as opposed to the WS crowd, are guys that finance what is left of productive America. They still take in deposits and lend money that allows producers to build inventories and acquire the tools to do so. My local bankers are pretty good at that, and we have a plethora of small businesses that would make Joe Schumpeter proud.

Academics… I didn’t go to Harvard, Yale, Penn, etc., I just went to the state A&M, but my Profs were exceedingly pragmatic in the intellectual arguments and seem to have insisted on an intellectual rigor, yea even a grasp of fundamental logic, that I find lacking in the grads of some bigger name institutions. Day one, week one, Intro to Business 101, “The purpose of a business is to provide a good or service to society”, and it was on the Final – somehow it seems like they don’t cover that at Harvard, but it worked pretty well for me.

Politicians… been sleeping with one of the local ones for over thirty years; god those German Lutherans can be moralistic. This one obsesses about water supplies, conspires with others to get Fed money.

The U.S. is okay. Really. Not going to go out of business anytime soon, gonna fumble around a bit, but we looove to innovate. It’s what we do. DC/NYC, don’t need ’em; most days, don’t want ’em.

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By: TFF http://blogs.reuters.com/felix-salmon/2011/01/03/felix-salmon-smackdown-watch-rubinsperling-edition/comment-page-1/#comment-22645 Tue, 04 Jan 2011 02:38:49 +0000 http://blogs.reuters.com/felix-salmon/?p=6786#comment-22645 Most academics are parasites? Must know a different set of academics than I do… Maybe thinking about the social sciences?

Nor do I have anything against bankers either — at least not the kind I find at the corner of my street. Those on Wall Street are mostly there for their own enrichment, serving no higher purpose.

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By: hsvkitty http://blogs.reuters.com/felix-salmon/2011/01/03/felix-salmon-smackdown-watch-rubinsperling-edition/comment-page-1/#comment-22641 Tue, 04 Jan 2011 01:44:05 +0000 http://blogs.reuters.com/felix-salmon/?p=6786#comment-22641 Of course not all are parasites, but those who happily took/take on the role should happily wear/bear the moniker.

Well said bjt

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By: bjt http://blogs.reuters.com/felix-salmon/2011/01/03/felix-salmon-smackdown-watch-rubinsperling-edition/comment-page-1/#comment-22638 Tue, 04 Jan 2011 00:02:26 +0000 http://blogs.reuters.com/felix-salmon/?p=6786#comment-22638 A parasite must not only contribute nothing positive but must actually have a detrimental effect on its host.

So politicians that enact detrimental policy (deregulation), academics that spread detrimental ideas (efficient market hypothesis), or bankers that create detrimental crises (real estate bubble) are parasites.

Obviously there are many politicians, academics and bankers that perform useful functions for society.

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By: dWj http://blogs.reuters.com/felix-salmon/2011/01/03/felix-salmon-smackdown-watch-rubinsperling-edition/comment-page-1/#comment-22635 Mon, 03 Jan 2011 20:46:48 +0000 http://blogs.reuters.com/felix-salmon/?p=6786#comment-22635 > And one thing that most politicians, academics, and bankers have in common is that they are fundamentally parasitical creatures.

Which is why all Democrats are in those categories, no doubt.

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By: seewhydee http://blogs.reuters.com/felix-salmon/2011/01/03/felix-salmon-smackdown-watch-rubinsperling-edition/comment-page-1/#comment-22633 Mon, 03 Jan 2011 20:17:30 +0000 http://blogs.reuters.com/felix-salmon/?p=6786#comment-22633 By your definition everyone is a parasite, except maybe farmers and hunter gatherers. This is the 21st century you know…

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