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 ...
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.
oddly that is what i was just thinking.. do you suppose this guy will survive?
A crap-flinging monkey hurling clods at your worst enemy is still helping you out.
God, I hope not.
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!!!
Honeymoon is over and bride wants a divorce!!!
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.
I’m thinking he should e happy - under Obama the rich are getting poorer.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.