Fox News Should Give Peter Schiff His Own Show Part II

This video is incredible. The stock picks of these “optimistic” “experts” were just awful.

What disturbed me most about this video is that Peter Schiff was not being attacked for his logic or numbers, but instead for not being “optimistic.” How can a whole population of experts become so delusional with the “optimism” opiate?

The Greed Creed

ASBO Jesus shares this excellent illustration on the current economy and our idolatry to it in “The Greed Creed“:

Fox News Should Give Peter Schiff His Own Show

Because all the people on their current show, Bulls & Bears, are hypocritical and partisan economic hacks.

Essential Weekend Reading

This should be must reading for the weekend.  I certainly will be reading all of it:

Q&A with Dave Ramsey on the Economic Bailout.  This Christianity Today article has cemented my respect for Dave Ramsey.

Top 11 Excuses John McCain Could’ve Used to Get Out of Debate.  These are all super funny.  Culture11 is the best site for snarky, young, and rational conservatives.  This is like Crunchy Con mixed with The Daily Dish.  No Religious Right or ignorant rhetoric to be found there!

McLaren Emerging and The Ironic Faith of Emergents by Scot McKnight.  McKnight has a two’fer in Christianity Today.

Free Markets: It’s the Myth, Stupid!

The myth of free markets ended with the takeover of Fannie Mae and Freddie Mac.  Actually, it ended with their creation.

-Michael Lewitt, “Wall Street’s Next Big Problem” from The New York Times.