Tuesday, February 07, 2006

Economic News From A Non- Economist -- Good

Economists exist to make weather men look good.

An old economist saw is since you can't guess right - guess often. Then they can point at a guess that came close and say something like " I told you last August that the number would be down."

Who is worse than a weather man and an economist?

A politician of course. They both guess and lie. It doesn't matter what they said last August - they will still claim to be right.

With that knowledge, what would you say if I told you that I read articles by a fellow that is both a congressman
and someone that understands money.

I have a hard time believing it too.

Representative Ron Paul is well worth reading. The fact that nobody in Washington, R or
D, seems to appreciate him is a very good sign.

Give Ron Paul's recent article A Real Washington Scandal a look.

This read is a taste of real economics.



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