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Notes to myself, possibly of interest to others.
-- Bill Northlich

Friday, June 25, 2010

Ritholtz on Job Creation, Lack Of

Barry Ritholtz, 6/24:  I listened to Senator Bob Corker — and others — discuss the new financial regulations this morning. I was astonished to hear the single most moronic talking point evah: “New regulations will hurt job creation.” 
You know what really hurts job creation?
  The worst recession since the Great Depression, trillions of dollars in taxpayer monies used — unproductively — to bail out irresponsible banks. Oh, and 15 million lost jobs.
  THAT hurt job creation, you frickin’ eejit.

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