Financier full of wit and opinions --- The U.S. economy in one Whitman wor

[radfringe]

Financier full of wit and opinions
SU benefactor, Martin J. Whitman, counsels management students.
http://www.syracuse.com/search/index.ssf?/base/business-4/1074850842322970.xml?syrbubiz
January 23, 2004 -- By Bob Niedt -- Staff writer

Investor Martin J. Whitman first came to Syracuse University just after World War II, under the G.I. Bill of Rights, a federal program conceived when the country was running deficits that Whitman says was a good use of taxpayer money.

---snip---

The U.S. economy in one Whitman word?

"Sucks," said Whitman, known as a straight shooter.

So what's the first step to right it?

"The biggest thing we have to do about it is get rid of the Republicans," said Whitman. "It's just a disaster. I'm more a use-of-proceeds person than I am a deficit person.

"Deficits can be very, very constructive if the funds so raised are used in a productive manner, such as what brought me to Syracuse in the first place: the G.I. Bill of Rights. But when you piss the money away in useless wars and ill-conceived tax cuts, you're headed toward becoming a banana republic.

"The people there are just interested in trying to make the economy look good for the next election, but they're not interested in the Draconian long-term consequences."

[ayeshahaqqiqa]

1. I LIKE this guy!

He's a straight talker. Surely even the sheeple can understand his words.