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NEWSWEEK Cover: Obama Is Wrong
FoxBiz ^ | 3/29/09

Posted on 03/29/2009 7:20:09 PM PDT by anniegetyourgun

NEW YORK, March 29, 2009 /PRNewswire via COMTEX/ ----As the debate over the rescue of the financial system - which is crucial in stabilizing the economy and returning the country to prosperity - unfolds, Paul Krugman has emerged as President Barack Obama's toughest liberal critic, writes Newsweek Editor-at-Large Evan Thomas in his profile of Krugman in the current issue. Krugman, a columnist for The New York Times, a professor at Princeton and a Nobel Prize winner in economics, was a scourge of the Bush administration, but has been critical, if not hostile, to the Obama White House, skeptical of the bank bailout and pessimistic about the economy. As the debate continues, there are worries among the establishment that his "despair" over the administration's bailout plan might be right. "Krugman may be exaggerating the decay of the financial system or the devotion of Obama's team to preserving it. But what if he's right, or part right?," Thomas writes. "What if President Obama is squandering his only chance to step in and nationalize...the banks before they collapse altogether?," he writes in the April 6 Newsweek cover, "Obama Is Wrong" (on newsstands Monday, March 30).

(Excerpt) Read more at foxbusiness.com ...


TOPICS: Government; Politics/Elections
KEYWORDS: bho44; bhoeconomy; krugman; newsweek; obama
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To: jveritas
We no longer live in a free market society. Apparently we haven't for years. The realization that our banks were told that they have to give loans to certain people has revealed that.

We have mocked France and now Russians, China and Canadians tell us not to slide much further into socialism/communism....

How ironic and sad that we have been so lied to on such a massive scale. Without a true free media, we were always fighting with blinders on.

21 posted on 03/29/2009 7:38:16 PM PDT by Earthdweller (Socialism makes you feel better about oppressing people.....)
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To: Hildy

oddly that is what i was just thinking.. do you suppose this guy will survive?


22 posted on 03/29/2009 7:54:23 PM PDT by madamemayhem (proper grammar and spelling please, boys and girls.)
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To: Chaguito

A crap-flinging monkey hurling clods at your worst enemy is still helping you out.


23 posted on 03/29/2009 7:57:40 PM PDT by domenad (In all things, in all ways, at all times, let honor guide me.)
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To: madamemayhem

God, I hope not.


24 posted on 03/29/2009 8:13:48 PM PDT by Hildy (Dr. King had a dream. Obama has an ELF who has a “plan”.)
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To: anniegetyourgun

Newsweek. I’m not buying it. I don’t believe for a second that you are trying to escape from the black hole which is the obama cult.

You know you still love him. You know you do. A single cover story calling him essentially ‘not liberal enough’ isn’t going to save your soul. REPENT!!!


25 posted on 03/29/2009 8:18:09 PM PDT by bpjam (Tell your Rep/Senator to Google: Marjorie Mezvinsky. Yes, it IS a threat.)
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To: anniegetyourgun

Honeymoon is over and bride wants a divorce!!!


26 posted on 03/29/2009 8:46:24 PM PDT by ExTexasRedhead
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To: dr_who
Krugemen doesn't disagree with what Obama is doing, he just thinks it needs to be done on a much larger scale. He wants the government to take on bigger deficits and more control over the economy. I don't think he will have to wait too long before Captain Big Ears catches up to him.
27 posted on 03/29/2009 8:52:32 PM PDT by peeps36 ( Al Gore. Is A Big Fat Lying Hypocrite. He Pollutes The Air By Opening His Big Mouth)
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To: anniegetyourgun
Obama is wrong, but not for the reason's Krugman lays out. Krugman is, btw, the most overhyped, overrated "public intellectual" since Noam Chomsky.
28 posted on 03/29/2009 9:19:28 PM PDT by DesScorp
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To: anniegetyourgun

Krugman’s big schtick is the “growing gap between rich and poor in America” and the Left loves him for giving them raw meat for class warfare with which to run against Republicans as standing for the “rich.”

But the fact of the matter is that by not having a border on the south side of the country, we have allowed tens of millions of the cheapest of the cheap labor to walk in, with an incentive to have children (anchor babies) here.

This massively distorts the “poor” end of the rich-poor spectrum, in that not only are there now tens of millions of foreigners inserted directly into the poor end of the spectrum, but the downward pull on the wages of American citizens caused by the labor competition has made tens of millions of Americans poorer by an amount that is in the hundreds of billions of dollars.

The “growing gap” problem, which itself results from liberals’ (with the help of country club Republicans) open borders policy, is a tremendously effective progaganda ploy.

Krugman, it goes without saying, is a dishonest ideologue.


29 posted on 03/29/2009 9:28:57 PM PDT by SirJohnBarleycorn
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To: anniegetyourgun
This one...?


30 posted on 03/30/2009 12:26:20 AM PDT by Seadog Bytes (OPM - The Liberal 'solution' to every societal problem. (Other People's Money))
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To: SirJohnBarleycorn

I’m thinking he should e happy - under Obama the rich are getting poorer.


31 posted on 03/30/2009 5:43:58 AM PDT by anniegetyourgun
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