Political expediency is a sure path to somewhere south.... waaaay south. Anonanonanon <div class="gmail_quote">On Thu, May 15, 2008 at 2:17 PM, Dean May <<a href="mailto:deanmay@pianorebuilders.com">deanmay@pianorebuilders.com</a>> wrote: <blockquote class="gmail_quote" style="border-left: 1px solid rgb(204, 204, 204); margin: 0pt 0pt 0pt 0.8ex; padding-left: 1ex;">I don't think its ignorance. Bernanke used to advocate a Gold standard. I think it's more political expediency. It probably isn't self conscious malevolence, but for us the end result is the same. <div class="Ih2E3d"> Dean Dean May             cell 812.239.3359 PianoRebuilders.com   812.235.5272 Terre Haute IN  47802 </div><div class="Ih2E3d">-----Original Message----- From: <a href="mailto:pianotech-bounces@ptg.org">pianotech-bounces@ptg.org</a> [mailto:<a href="mailto:pianotech-bounces@ptg.org">pianotech-bounces@ptg.org</a>] On Behalf </div><div><div></div><div class="Wj3C7c">Of Porritt, David Sent: Thursday, May 15, 2008 2:24 PM To: Pianotech List Subject: RE: Gas I gasped Steve: If you've gone from economist to piano technician you've operated in parallel fields.  If you get 5 piano technicians to address a problem you'll find 10 different "right" solutions and I think it would be the same with economists.  If Bernanke is headed in the wrong direction do you think it's ignorance of the right solution or malevolence? dp David M. Porritt, RPT <a href="mailto:dporritt@smu.edu">dporritt@smu.edu</a> -----Original Message----- From: <a href="mailto:pianotech-bounces@ptg.org">pianotech-bounces@ptg.org</a> [mailto:<a href="mailto:pianotech-bounces@ptg.org">pianotech-bounces@ptg.org</a>] On Behalf Of Steve Brooks Sent: Thursday, May 15, 2008 12:01 PM To: <a href="mailto:pianotech@ptg.org">pianotech@ptg.org</a> Subject: RE: Gas I gasped Hi Dean, Your gentle rib about economists, sadly, is spot on. Even more amazing is to see a politician who understands the Fed. Dr. Paul has spent most of his career arguing with politicians; I spent much of mine arguing with economists. Since we make similar arguments, the Texas Congressman and I are natural allies. The video you point to (and I think there is an earlier one by the same group)probably has done more for Glenn Hubbard's name recognition than all the scholarly papers he has published. His publications don't circulate on YouTube. The funniest comment I've heard all week was the contributor on this list who suggested that we save on gas by having piano owners drop off their pianos and pick them up again after they are tuned. Now that's the kind of idea that would get serious play in Washington. Steve -- "The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary." -- H.L. Mencken Wow, you're an economist and you understand the destructive policies of the Fed! A rare combination.  ;-)  I presume you voted for Ron Paul? Speaking of the Fed and Bernanke, here is a hilarious video spoofing Dean Hubbard of Columbia University who got passed over for the Fed chairmanship <a href="http://www.youtube.com/watch?v=3u2qRXb4xCU" target="_blank">http://www.youtube.com/watch?v=3u2qRXb4xCU</a> The student portraying Hubbard even looks something like him. Dean Dean May             cell 812.239.3359 PianoRebuilders.com   812.235.5272 Terre Haute IN  47802 </div></div></blockquote></div>