Comments on: False But Justified

By: Microblog 2008-10-07

Microblog 2008-10-07 — Wed, 08 Oct 2008 04:00:24 +0000

[...] Mallaby on misplacing blame for crisis [Washington Post; but see] [...]

By: Darius

Darius — Wed, 08 Oct 2008 01:48:41 +0000

quantity has a quality all it’s own….

By: Pandora

Pandora — Wed, 08 Oct 2008 00:16:18 +0000

Bill O’Reilly’s on right now telling Karl Rove “it doesn’t matter what’s true” with reference to what McCain should say during tonight’s debate about the Dem’s complicity for the financial meltdown. Of course, all O’Reilly wants is for the “greedy CEOs” to be pilloried.

Choking O’Reilly – priceless.

By: Larry J

Larry J — Tue, 07 Oct 2008 13:26:58 +0000

This sounds like the logical outcome of “outcome based education”, where getting the right answer isn’t as important as understanding the concepts. Obama wants to inflict his outcome based economics on everyone. It’ll be a disaster.

By: Bandit

Bandit — Tue, 07 Oct 2008 12:30:15 +0000

At least Obama had the sense to run away and hide during the crisis. That way when it hits the fan he doesn’t get any on him. With his lackeys in the MSM covering for him it might just work. Like he says, ‘Call me if you need me’. When the phone don’t ring, you’ll know it’s me.

By: Faith+1

Faith+1 — Tue, 07 Oct 2008 11:36:06 +0000

Hugh,

The logical inconsistency is in his claim that Obama has superior advisors. If they are wrong how can they possibly be superior? It is inconsistent to claim their superiority while pointing out that they are wrong, but because they have this phony label of superiority they deserve the benefit.

I would hold the exact opposite position. They being so completely wrong about the cause of this crisis is consistent with the left’s demonstrated lack of ability to understand basic economic forces. That lack of knowledge is what got us into this mess and it boggles the mind to think they will in any way make things better.

The fact the author comes to that same conclusion is yet another inconsistency in his position. He sees they will screw it up worse, yet he thinks they still deserve to benefit from the crisis based on nothing more than an illogical conclusion they are superior.

I see these “experts” so far as little more than morons ay best. Delusional liars at worst. Superior? Please…..(eyeroll)

By: False, But Justified « Tai-Chi Policy

False, But Justified « Tai-Chi Policy — Tue, 07 Oct 2008 05:45:15 +0000

[...] False, But Justified October 7, 2008 Posted by taoist in Bias, Capitalism and Economics, Obama, Politics, The Media. trackback Why the media is going along with Obama’s take on the mortgage situation and economy. [...]

By: Jim,MtnViewCA,USA

Jim,MtnViewCA,USA — Tue, 07 Oct 2008 04:50:28 +0000

Sell stock.
Buy guns and canned goods.
Hey, it’s been working for the rest of us the last couple of weeks….

By: Hugh

Hugh — Tue, 07 Oct 2008 04:48:18 +0000

Sorry, I lean right but this post IMHO is a bit unfair to Mallaby, having read the original article. What he says is – Obama has better economic advisors and policies than McCain, therefore it is fair that the Financial crisis helps his campaign. Nonetheless, they are wrong to blame the crisis on Bush/McCain financial deregulation for political reasons, because its not true, and will hamper their ability to hadle the crisis if elected. He did not say that it was fair thaqt they benefit from this accusation – just the overall crisis.

I don’t agree with Mallaby’s claim about Obama’s economic policies and advisors, but there is no logical inconsistency in his case, nor is there really any “whatever benefits our side is for the best, even if untrue” as the post alleges. The left does most of the stupid, ultra-long-bow “hypocrisy hunting”, it doesn’t help to join them in doing so, as, in IMHO, this post sort of does.

By: Allen

Allen — Tue, 07 Oct 2008 04:47:43 +0000

The illogical but inevitable extension of the mess they have been teaching our children for the last 30 years – it doesn’t matter if you get the right answer, and you might make the others feel bad if you do… the nerve.

The $850,000,000,000.00 price tag is the ‘participant’ ribbon the taxpayer gets shafted with – we didn’t get the right answer, but we had fun, right?