Posts Tagged “overstock.com”

Jan 02 2009

Stuart Varney—The Smug Face Of Economically-Ignorant Mainstream Journalism

Posted by: madisonclassicalliberal in Monetary Policy, Welfare

Economically-ignorant mainstream journalists (Stuart Varney etc.):

“Treat the underlying problem in the financial markets (the existence of the Federal Reserve) instead of the symptoms (potential bankruptcies)?  That’s ludicrous!”

Overstock.com’s CEO Patrick Byrne talks with reason and quotes Milton Friedman and Ludwig von Mises.  Stuart Varney spews some blarney.

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