Skip to comments.Olbermann marvels at “just how stupid” the opponents of high taxes and Obamacare are
Posted on 08/09/2009 1:18:04 PM PDT by HorowitzianConservative
On his Countdown program Thursday, Keith Olbermann demonstrated once again that because of his boiling hatred for anyone whose ideology differs from his own, he is entirely incapable of engaging in linear thought or reasoned debate. In this particular episode, Olbermann designated former Reagan economic advisor Arthur Laffer as the days Worst Person in the World, disparaging Laffer as the pusher of the discredited notion that tax cuts for the rich stimulated the economy, and the creator of the farcical Laffer Curve. The Laffer Curve is a concept which contends that at a given point of increased taxation, business activity will diminish because of the reduced economic incentives that accompany higher taxes, thereby causing the government to receive less tax revenue rather than more. Olbermann is particularly annoyed with Laffer these days, because of the latters opposition to the Obama/Democrat plan for government-run health care.
Sneering that Laffers name befits his purportedly clownish economic theories, Olbermann contemptuously marveled at just how stupid Laffer and other critics of health care reform are about this topic. He then quoted Laffer saying:
If you like the Post Office and the Department of Motor Vehicles and you think theyre run well, just wait until you see Medicare, Medicaid, and Healthcare done by the government.
Olbermann then looked directly at the camera and mocked Laffer by addressing these comments to him directly:
Medicare and Medicaid are already done by the government. Theyre government programs. This also just in, Dr. Laffer: Lindburgh has landed safely in Paris.
(Excerpt) Read more at newsrealblog.com ...
“Does Olbermann really think he can get away with this?”
His audience is small and diminishing so...no.
“Stupid” must be the new buzz word for the democrats.. from obama on down..saying the police man acted stupid.
If the Laffer Curve is “farcical” then MSNBC should quadruple their ad rates,no more money problems and then they can afford to hire hosts people will want to see.
Does Olbermann really think he can get away with this?
Only a Reagan sized landslide will shut them up.
We have to persevere.
He gets away with it because only like minded people actually watch him.
255,000 people turn in to watch him spew hate, a third of them agree with him, another third might agree with a small amount of his cult logic, and maybe another third because the other channels have gone blank and Jerry Springer is not on.
Keith...don’t go there. Really, just don’t. In a battle of wits against Art Laffer, you’re not only unarmed, you’re running in bellowing “LEEROY JENKINS!!!”
Another village missing an idiot.
Earth calling Olbermann....Medicare and Medicaid are BANKRUPT. Obama wants to Bankrupt the Private Companies to level the playing field. That will make it fair.
I like that, your very good. I will have to remember your example.
We can expect the money to roll in once all taxes are 99%, yup, we will never have money problems again. /sarc
Like Olberman knows anything about intelligence.
Nobody watches him, why are we subjected to his dumbass rants on FR?
Did someone fart ... who cares.
I’d like to challenge Olberman to an IQ competition. Loser dies.
In the future, please post content from your blog into our bloggers forum.
This kind of insular self-aggrandizement by leftists is standard fare that we've all seen at least a thousand times. 'liberals = smart, conservatives = stupid'. It doesn't play so well anymore because (a) average Americans are growing tired of being smeared as ' stupid' for rejecting insane leftist polices promulgated by the Obama administration and, (b) Keith Olbermann is distinctly unlikeable and clearly far from the brillant guy he thinks he is and represents.
Olbermann has a relatively small audience that already buys his twaddle - and even that audience is beginning to shrink. The man is a loon - and his show is a bore. His rants are irrelevant - and mostly, unwatched.
Laffer was WRONG to believe that legal plunder destroys the WHOLE LOOT ONLY when it taxes 100 PERCENT of others’ income.
This reasoning is blindsided by the IMPUNITY of legal plunder.
It ignores the inevitable RIVALRY for the loot and, the PSEUDO-INVESTMENT which, as a consequence of that rivalry, the participants in the political processes have to make in order to get the share of the plundered wealth they are aiming at.
Since there is no such thing as a guaranteed profit (TAANSTAFL), this pseudo-investment in the political processes, which is entirely LOST for any real production (since it only aims at already produced wealth) MUST, at equilibrium, be the EQUIVALENT of what it tries to get.
Q. E. D.: Socialism destroys the EQUIVALENT of what it steals, not only PART of it.
Olbermann does not have to get ratings. He is not answerable to the market. He is answerable to his ideological and financial masters who will line their pockets at the expense of the taxpayer.
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