May 6th, 2009


You may not find this as amusing as I do

From A Day in the Life of a Supply-Side Economist

Attempts standup comedy
at a local open-mike night

SUPPLY-SIDE ECONOMIST: First, they increase the systemic risk regulation of banks, insurance firms, and broker-dealers. Then they expand Big Government by increasing the transparency of financial instruments and magnifying the Federal Reserve's oversight of major hedge funds. And, as a finale, they tighten the federal standards for mortgage lending and require executive compensation to be contingent on corporate performance. And the agent says, "That's a hell of an act. What do you call it?" And the father says, "The Aristocrats!"