Krugman, The Worst Nobel – And that’s Saying Something since Obama and Gore Got Them Too

Tickler Leave a comment

The intellectually glacial Krugman is protesting the posting of his words below by explaining that he didn’t cause the bubble. Uh, that’s not the point (as most grade-schoolers could tell you, Mr. Nobel). The point is that you have no idea what you’re talking about. You clearly advocate producing a housing bubble by the government, yes, as they did. It doesn’t mean you caused it — you’re just a little runt at a failing newspaper who dreams big — it means you recommended the very solution that ruined the economy. Catch up little guy.

To fight this recession the Fed needs more than a snapback; it needs soaring household spending to offset moribund business investment. And to do that, as Paul McCulley of Pimco put it, Alan Greenspan needs to create a housing bubble to replace the Nasdaq bubble.

Paul (Einstein) Krugman (August 2002)

via Dubyas Double Dip? – New York Times.

Circulating Email: You know the honeymoon is over when the comedians start.

Tickler Leave a comment


The liberals are asking us to  give Obama time. We agree . . . and think 25 to life would be  appropriate.
–Jay Leno

America needs  Obama-care like Nancy Pelosi needs a Halloween mask.
–Jay Leno

Q: Have you heard  about McDonald’s’ new Obama Value Meal?
A: Order  anything you like and the guy behind you has to pay for  it.
–Conan  O’Brien

Q: What does Barack  Obama call lunch with a convicted felon?
A: A fund  raiser.
–Jay Leno

Q: What’s the  difference between Obama’s cabinet and a penitentiary?
A: One is  filled with tax evaders, blackmailers, and threats to society. The  other is for housing prisoners.
–David  Letterman

Q: If Nancy Pelosi and  Obama were on a boat in the middle of the ocean and it started to  sink, who would be saved?
A: America  !
–Jimmy  Fallon

Q: What’s the  difference between Obama and his dog, Bo?
A: Bo has  papers.
–Jimmy  Kimmel

Q: What was the most  positive result of the “Cash for Clunkers” program?
A: It took 95%  of the Obama bumper stickers off the road.
–David  Letterman