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Thornberg has been a rare voice from the academic economists. And he’s been correct. The loudest person is usually the biggest idiot.

But recently I heard an interview with Thornberg where he did not blame S&P or Moody’s for gross negligence of rating securities in the last few years. I could not agree less with him on this point. And it made me wonder if he’s gotten so big now that someone or something had “gotten to him” as of late?

[peterb]

Thornberg has been a rare voice from the academic economists. And he’s been correct. The loudest person is usually the biggest idiot.

But recently I heard an interview with Thornberg where he did not blame S&P or Moody’s for gross negligence of rating securities in the last few years. I could not agree less with him on this point. And it made me wonder if he’s gotten so big now that someone or something had “gotten to him” as of late?

[peterb]

Thornberg has been a rare voice from the academic economists. And he’s been correct. The loudest person is usually the biggest idiot.

But recently I heard an interview with Thornberg where he did not blame S&P or Moody’s for gross negligence of rating securities in the last few years. I could not agree less with him on this point. And it made me wonder if he’s gotten so big now that someone or something had “gotten to him” as of late?

[peterb]

Thornberg has been a rare voice from the academic economists. And he’s been correct. The loudest person is usually the biggest idiot.

But recently I heard an interview with Thornberg where he did not blame S&P or Moody’s for gross negligence of rating securities in the last few years. I could not agree less with him on this point. And it made me wonder if he’s gotten so big now that someone or something had “gotten to him” as of late?

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I think the stats on this are fairly reliable. Unemployment rising usually is closely followed by crime.

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I think the stats on this are fairly reliable. Unemployment rising usually is closely followed by crime.

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I think the stats on this are fairly reliable. Unemployment rising usually is closely followed by crime.

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I think the stats on this are fairly reliable. Unemployment rising usually is closely followed by crime.

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I think the stats on this are fairly reliable. Unemployment rising usually is closely followed by crime.

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Can you imagine what emerging economies are going to experience in this contraction. Now that aint gonna be fun.

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Can you imagine what emerging economies are going to experience in this contraction. Now that aint gonna be fun.

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Can you imagine what emerging economies are going to experience in this contraction. Now that aint gonna be fun.

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Can you imagine what emerging economies are going to experience in this contraction. Now that aint gonna be fun.

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Can you imagine what emerging economies are going to experience in this contraction. Now that aint gonna be fun.

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Once again, I have to agree with the arraya analysis. These whores in DC are bought and paid for by Wall Street. We’ll be lucky to see crumbs from this while all the I-bank guys are made more than whole from their losses.
Somethings got to give. Perhaps they’ll crank up the Afghanistan/Pakistan conflict as a diversion tactic?

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