JewTarded - Cato’s Jeffrey Miron: Why Warren Buffett is Wrong

Started by CrackSmokeRepublican, October 28, 2011, 01:09:22 AM

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CrackSmokeRepublican

Cato's Jeffrey Miron: Why Warren Buffett is Wrong
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It's not a taxation problem; it's a spending problem
Guest Expert10/27/2011


Jeffrey A Miron    <$>  <$>  


James J Puplava CFP with Jeffrey A Miron

Jeffrey Miron from the Cato Institute and Harvard University joins Jim on Financial Sense Newshour this week to discuss why Warren Buffett is wrong about taxing the rich. He sees a major spending problem, not a taxation issue.

Jeffrey is a Senior Fellow at the Cato Institute and the Director of Undergraduate Studies in the Department of Economics at Harvard University. His area of expertise is the economics of libertarianism, with particular emphasis on the economics of illegal drugs. Miron has served on the faculty at the University of Michigan and as a visiting professor at the Sloan School of Management, M.I.T. and the Department of Economics, Harvard University. From 1992-1998, he was chairman of the Department of Economics at Boston University. He is the author of Drug War Crimes: The Consequences of Prohibition and The Economics of Seasonal Cycles, in addition to numerous opeds and journal articles. He has been the recipient of an Olin Fellowship from the National Bureau of Economic Research, an Earhart Foundation Fellowship, and a Sloan Foundation Faculty Research Fellowship. Miron received a B.A., magna cum laude, from Swarthmore College in 1979 and a Ph.D. in economics from M.I.T. in 1984.

http://www.netcastdaily.com/broadcast/f ... 1027-1.mp3
After the Revolution of 1905, the Czar had prudently prepared for further outbreaks by transferring some $400 million in cash to the New York banks, Chase, National City, Guaranty Trust, J.P.Morgan Co., and Hanover Trust. In 1914, these same banks bought the controlling number of shares in the newly organized Federal Reserve Bank of New York, paying for the stock with the Czar\'s sequestered funds. In November 1917,  Red Guards drove a truck to the Imperial Bank and removed the Romanoff gold and jewels. The gold was later shipped directly to Kuhn, Loeb Co. in New York.-- Curse of Canaan