Posted by
rycK on Tuesday, October 14, 2008 12:03:34 PM
Krugman Receives the
Ultimate Insult: The Swede's Bozo Prize for Leftist Stooges.
The New
York Times—aka the Walter Duranty Papers has a 90+ year history of apologizing for Communism, propping up losers, dictators and despots
in their opinion columns and scrounging for new ways to reinvent Marxism.
The Times has praised a swarm of disgusting parasites who parade as ‘leaders’
in the world and issues ‘prizes’ in many fields for practicing far leftist
politics. Today, Paul Krugman is
disgraced, internationally, and anointed with the Mantle of Stooge as defined by
the Swedish Academy.
This Academy is besotted with political choices for prizes.
The prize
[le prix d'excréments] is issued according
to strict monolithic adherence to leftist
dogma and not according to truth, achievement or insight. Ideology to a fault
is a proper reason to splash the recipients with this phony glory in the eyes
of the far left.
Various
‘prizes’ have been given to these ‘people’ [le rouleau de
papier de perdants et de pervers]. Look at
this sorry list of losers, criminals and worse who got ‘prizes’ from the Ignoble Nobel
Circus:
1925: George Bernard Shaw[Fabian,
yo-yo, avowed communist, anti-capitalist who called for soldiers to shoot their officers
and go home.]
1962: John Steinbeck [drunk, loser]
1973: Henry Kissinger / Le Duc Tho (refused) [Idiot who
groveled before the Communists and believed in their lies. Tho had more prestige and honor when he refused this joke of a Nobel Prize]
1971: Willy Brandt [An unwitting stooge of the USSR who kept a pet spy in his government who worked for the Stasi]
1977: Amnesty International
[Far left political group who favors terrorist and revolutions.]
1984: Desmond Tutu [Bigot, racist]
1988: United
Nations Peacekeeping Forces [Phony group there never was any peace.]
1990: Mikhail Gorbachev [Drooling Communist who ‘believed’ in
Communism.]
1992 Rigoberta Menchú Tum [Liar, some Communist wrote this fulff.]
1993: Nelson Mandela [convicted and confessed terrorist]
1994: Yasser Arafat [terrorist, liar and he took 500 million from his people for himself]
2001 Kofi Annan [liar and criminal who diverted
billions in Iraqi petrodollars.]
2002: Jimmy Carter [Idiot, anti-Semite, Marxist stooge]
2007: Al Gore [flunky, criminal, Marxist Stooge, EcoNazi]
Here is what Krugman believes in:
[1] Tax cuts are
bad.
He thinks those who want to stimulate economic growth are ‘zombies.”
Fact: This is anti-capitalism and pro
socialist and Marxist. The socialists think the government ought to fund new
jobs.
[2] Jobs are NOT
created by tax cuts.
Fact: Bush created more than 8 million
jobs since summer of 2003 with his tax cuts.
[3] He
believes that a
tax cut is a ‘cost.’
[4] He
believes in ‘regulation’ but Fannie Mae and Freddie Mac churned out 5 trillion
dollars worth of phony mortgages even with Congressional supervision in place.
Screed: He laments the lack of
regulation:
“The real answer to the current problem
would, of course, have been to take preventive action
before we reached this point. Even leaving aside the
obvious need to regulate the shadow banking system — if institutions
need to be rescued like banks, they should be regulated like banks — why were
we so unprepared for this latest shock? When Bear went under, many people
talked about the need for a mechanism for “orderly liquidation” of failing
investment banks. Well, that was six months ago. Where’s the mechanism?”
Fact: There was plenty of regulation
by Congress as told by the New York Times:
“Federal regulators said yesterday that
financial results at Fannie Mae, the nation's largest buyer of mortgages, were
"illusions deliberately and systematically" created by its top
executives in an $11 billion accounting scandal.”--
New York Times May 24, 2006
“The finding was in a blistering report by
the Office of
Federal Housing Enterprise Oversight, or Ofheo, after a 27-month
investigation into Fannie Mae's corporate culture and accounting practices.”—New York Times May 24,
2006
This was
over two years ago. Does Krugman bother to read his own paper? Is an economist
or a political hack? Select the latter.
What do
we do now? Let us ask the Nobel Laureate:
“What is the nature of the crisis? The details can be insanely
complex, but the basics are fairly simple.
The bursting of the housing bubble has led to large losses for anyone who
bought assets backed by mortgage payments; …”
Fact: phony mortgages issued to dead beats and 5 million aliens caused
a lot of this.
Krugmaniacal
solution:
“…the solution adopted in many previous
financial crises — is to deal with the problem of inadequate financial capital
by having governments provide financial institutions with more capital in
return for a share of ownership.
This sort of temporary
part-nationalization, which is often
referred to as an “equity injection,” is the
crisis solution advocated by many economists — and sources told The Times that
it was also the solution privately favored by Ben Bernanke, the Federal Reserve
chairman.”-- Gordon Does Good By PAUL KRUGMAN
In exchange for preferred shares this is government ownership. Krugman
knows that.
“As I said, we still
don’t know whether these moves will work. But
policy is, finally, being driven by a clear view of what needs to be done.
Which raises the question, why did that clear view have to come from London rather than Washington.”
Fact: Krugman does NOT know what will work but when the government
socializes the banks then that is good. Win or lose the government wins.
Fact: London is a socialist swamp infected with Sharia law and knee deep
in Islamo-Fascists. They grovel in fear
of a revolution like the cowardly Spanish and French do.
Question for our Laureate: What is the fate of the toxic debt from phony mortgages? This is
a world-wide problem and started in Japan 15-18 years ago. Can we please blame Bush for that too?
How about this
endorsement:
“Luckily for the world
economy, however, Gordon Brown and his officials are making sense. And they may have shown us
the way through
this crisis.”
They showed us the way
in Flanders and Tobruk too. We are so lucky.
They also showed how to trash their banks during two world wars
and once during the Great Depression. That is the kind of government
intervention that Krugman likes.
Any measure that attacks capitalism and grows government will
be endorsed wildly by Krugman and his socialists and applauding Marxists.
Here is a list of people who should
have gotten Le Prix Nobel and their possible [more are needed] categories:
Fidel Castro [Peace and Government].
Squeaky From [Communality activism].
Willie Horton [Social Justice].
Jane Fonda. [Propaganda]
Pedro Lopez [Internal Medicine].
Jeremiah Wright [Racism and Theology]
Louis Farrakhan [Theology, Music and Space Ship Theory]
Osama bin Laden [Peace by Terrorism]
David Berkowitz [Peace
and Justice]
Juan Corona [Recycling of Humans. California’s First Citizen Medal]
Charles Manson [Ecology of Waste Management and Dumpster Theory
of Food Production]
Allen Ginsberg [Drug Rehabilitation and Poetry]
Tookie Williams [Community Service]
Millard Tydings [Nonpartisan Politics]
Krugman is now decorated and hangs from iridescent strings as a leftist stooge who conforms to the ultra
left nostrums of the Idiot Swedes,
whose economy and phony
‘neutralism’ disguised as black market arms sales is a joke. The Swedes are in the dirty gun
business and Krugman is their pet stooge. In fact, Krugman has never produced anything
‘new’ outside of new ways to increase government and higher taxes. In fact, Krugman has
disgraced himself with this phony mixing and matching numbers from different
lists. His theories are so much political crap. He allows socialization of
debt by taxpayers without complaint.
The Idiot Swedes have disgraced themselves again with a political choice. They
said as much when the selected Peanut Jimmy for some phony prize.
Maybe Krugman can tell us how to save California and New York from financial oblivion? Sure—higher taxes and more government.
He liked the Congressional bailout plan
This is a joke. He is just some political hack swimming in waters way above his head.
How about a detailed
plan Paul? Let us hear your Nobel-Level stuff?
rycK
Comments:
ryckki@gmail.com
Marxists who greedily savor the
rewards from the sale of explosives and the invested proceeds from 175
continuous years of ‘neutrality’ while selling guns to all belligerents in
numerous wars. They were always comfortable with Tojo, Hitler, Franco,
Mussolini, Stalin, FDR, Shaw of Iran, Castro, Ho, Mao and Churchill as long as
hard money was placed on the drum. They are social parasites.