Monday, August 29, 2011

"Beam Me Up - Kruggie!!!"

"Barack Obama? Barack!?!? How do you fly this thing?!?!?
I'm crashing quicker than the Economy..." -- Joe Biden


Paul Krugman, that 'New-York-Times-Writing-Nobel-Laureate-Economist-Guy', loved by intellectual Keynesians everywhere, made news last week. I heard about it, but the story went away without much more than a whimper and a few notations online.

Now that my electrical power has been restored, my home has re-emerged from Irene's STORM OF THE CENTURY deluge, it's time, once again to turn my one, good (and somewhat jaundiced) eye to those fun-loving Liberals who are so ANXIOUS to spend money we don't have.

This time they'd like us to be attacked...

By Space Aliens.
(Seriously, I couldn't make this up because YOU'd think I was nuts. Ah, but who's NUTTY now? Um, pay no attention to the peanut shells surrounding my desk...)



In case you don't believe what you just saw, here's the transcript from his CNN appearance:

PAUL KRUGMAN, NEW YORK TIMES: Think about World War II, right? That was actually negative social product spending, and yet it brought us out.

I mean, probably because you want to put these things together, if we say, "Look, we could use some inflation." Ken and I are both saying that, which is, of course, anathema to a lot of people in Washington but is, in fact, what fhe basic logic says.

It's very hard to get inflation in a depressed economy. But if you had a program of government spending plus an expansionary policy by the Fed, you could get that. So, if you think about using all of these things together, you could accomplish, you know, a great deal.

If we discovered that, you know, space aliens were planning to attack and we needed a massive buildup to counter the space alien threat and really inflation and budget deficits took secondary place to that, this slump would be over in 18 months. And then if we discovered, oops, we made a mistake, there aren't any aliens, we'd be better –ROGOFF: And we need Orson Welles, is what you're saying.

KRUGMAN: No, there was a "Twilight Zone" episode like this in which scientists fake an alien threat in order to achieve world peace. Well, this time, we don't need it, we need it in order to get some fiscal stimulus.


Yes, one more of the 'Smartest guys in the room' opening his yap in front of a camera, immortalized for all time.

Lest we forget, Paul Krugman is also the intellectual powerhouse who provided 'anyone listening' with the following gems of insight...

"I believe in a relatively equal society, supported by institutions that limit extremes of wealth and poverty. I believe in democracy, civil liberties, and the rule of law. That makes me a liberal, and I’m proud of it."

"The media are desperately afraid of being accused of bias. And that's partly because there's a whole machine out there, an organized attempt to accuse them of bias whenever they say anything that the Right doesn't like. So rather than really try to report things objectively, they settle for being even-handed, which is not the same thing. One of my lines in a column—in which a number of people thought I was insulting them personally—was that if Bush said the Earth was flat, the mainstream media would have stories with the headline: 'Shape of Earth—Views Differ.' Then they'd quote some Democrats saying that it was round."

"And that's just the beginning. More and more, conventional wisdom says that the responsible thing is to make the unemployed suffer. And while the benefits from inflicting pain are an illusion, the pain itself will be all too real."

And, my personal favorite, from 2002:

"The basic point is that the recession of 2001 wasn’t a typical postwar slump, brought on when an inflation-fighting Fed raises interest rates and easily ended by a snapback in housing and consumer spending when the Fed brings rates back down again. This was a prewar-style recession, a morning after brought on by irrational exuberance. 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."
(Emphasis added.)

--- PAUL KRUGMAN


Following last week's surprising Earthquake, someone (not me) absconded with one of Paul Krugman's Twitter accounts and posted the following 'as the Nobel-Winner himself':

"People on twitter might be joking, but in all seriousness, we would see a bigger boost in spending and hence economic growth if the earthquake had done more damage.”
Attributed to "Paul Krugman's" Google+ Account

You've got to figure your national perception is pretty bad when someone posts something 'So like you' that everyone assumes that you actually wrote it and that you have become a parody of, well, a parody of yourself.

Lunch has been completely ingested (but not yet digested) and I must get back to things more economically-fulfilling than this (a.k.a.: The REAL job). I'll leave you with a quick-peek at President Obama's Economic Stimulation Plan due to be released in September, so you're not in the dark any longer:



Yeah, you think I'm kidding, but just wait until Galaxtar, President Obama's NEW Jobs Czar, finds out that Jeffrey Immelt, President Obama's current Jobs Czar, sent all those GE jobs to China...

Meet Your NEW Jobs Czar! "Hail Galaxtar!"
I'm not sure, would this leadership 're-alignment' come under the heading of 'Hope' or 'Change'?




And, It's also shame that Ron Bloom, President Obama's Manufacturing Czar, announced that he's stepping down this month - he and Galaxtar would have been a HOOT at White House Dinners, Staff Meetings, and Golf Outings!

You remember Ron Bloom, don't you? He's the Capitalism-Loving-Guy who said this:

"We know that the free market is nonsense. ...We kind of agree with Mao that political power comes largely from the barrel of a gun."

-- Ron Bloom, Obama Administration Manufacturing Czar



Breaking Moos: President Obama's approval has fallen to yet another record low of 38%. What are records for, if not for breaking???


Not surprisingly, the President is preferred by 'Aliens' 4:1 over any named Republican Candidate!


Gotta love them Aliens, both Terrestrial, and outer-worldly... They're the ones who keep the President's approval above the 36% mark.


"Go then, there are other worlds than these..." 
The Dark Tower, Stephen King, 1982

43 comments:

  1. Mike, What private academies and later Ivy league schools did you not only "NOT" attend but what school did you squeak by with a mediocre 2.3 GPA that brings you here to the top of the blogging pinnacle to skew a guy that actually did attend and received a bachelors degree from Yale and his PHD from MIT and now actually teaches at the London School of Economics and the Woodrow Wilson School of Public and International Affairs at Princeton? What are your stellar educational credentials....Mike?
    You do know that every single industrialized country used Keynesian spending after Bush and his cronies caused the greatest global economic catastrophe in history. And you do know that before Obama was forced to stop the bleeding by spending a trillion dollars that Republicans were responsible for more than 3/4s of what the US owed...dont you? Or are they just inconvenient facts that you like to forget?

    ReplyDelete
  2. I've left this comment because I wanted Mike to see it. Don't you have something more constructive to do with your time?

    You spend hours posting personal attacks and nonsense and I spend seconds deleting it. I ask who is using their time more constructively?

    ReplyDelete
  3. Mike, Just as I have expected for some time, Washington is full of Aliens. Sometimes I wish Scotty would beam me up so I could escape the insanity of these idiots.

    ReplyDelete
  4. Dear Anonymous (a.k.a.: "Chuckles"),

    I 'actually' graduated Magna Cum Laude from Long Island University - certainly not MIT, Yale, or Havard, but you know, the best my working-class family (and I) could afford.

    As for Krugman teaching at the Woodrow Wilson School of Public and International Affairs at Princeton? Yeah, no big shock there. Woodrow Wilson was probably third only to Carter (#2) and Obama (#1) as the greatest Presidential failures in our nation's history. Yes, quite the career-enhancing claim there. Next stop, Amway!

    Hey, did you know that Krugman was a consultant for Enron? Yeah, he was on their payroll for a while (seems like he keeps jumping around between 'gigs' - not sure why - Perhaps because he's a Nobel-Awarding-Winning incompetent?).

    Found the following on Socialism today (you've probably already read it!):
    "SERIOUS BOURGEOIS STRATEGISTS recognise that Enron is not just a corporate crash but represents a crisis for the system. In one of his regular columns in the New York Times, economist Paul Krugman (who himself had to declare that he had been one of the many academics and journalists on Enron’s payroll) wrote: "The Enron debacle is not just the story of a company that failed: it is the story of a system that failed".
    Source: http://www.socialismtoday.org/63/enron.html

    Your comment, "You do know that every single industrialized country used Keynesian spending" is particularly appropriate as Europe is on fire, international markets are pinwheeling down in flames, and the US has its own personal 'Day of Rage' planned for September 17th here in New York by international anarchist groups (which, hey, seem to be migrating here from THERE!).

    IF, as you suggest, these international power-house economies were saved by Keynesian spending, why all the anxiety overseas? They ought to be just 'peachy' as we are following the same failed policies of the Progressive past that have made them what they are today - broke (can't say THAT enough!).

    In closing, yes, there are a lot of things I know. I know that I will do whatever I need to do to take care of my family. I know that stupidity is not a lack of education, but rather, an inability to learn. And I know that trying to explain any of this to you is most similar to explaining Calc 101 to my Golden Retriever.

    Difference here, of course, is that I don't mind be pestered by my dog. She's better company.

    You want to stack up personal attacks buddy, go on, I'm right here Huckleberry...

    Mike (Call me, "Mr. Moo") Kane

    ReplyDelete
  5. Thanks Fishy!

    It's nice to know you're getting close to the target when a nameless 'someone' starts taking shots back at you.

    Thanks for keeping it up so I could check it out - wait till you see what I found at the Center for American Progress yesterday. Talk about going to the dogs...

    Mike

    ReplyDelete
  6. Mike, I love to read your stuff. Wish I were that good. Maybe I need to practice more. I was good back in the day. On a side note I can darn well balance your checkbook and do your taxes. I guess we all have our strengths. ;-)

    MSM sure aren't saying much about this Day of Rage situation. I find it frightening.

    ReplyDelete
  7. Moos - LIU, A much better school. We already know the Ivy League graduates idiots and incompetents. Another of that ilk franklin delano raines busted fannie may, and then proceeded to bankrupt ccx. Maybe barry can find a spot for him at DOJ where his skill set will match that of eric. As to paul grubman. The beady eyed little pervert must be into S&M. He allows George Will to lay waste to his opinions at every turn on that ABC Sunday morning Round Table. I think his kiss of death was in being awarded a nobel. Like barry, carter, al gore llc, and arafat we know those have as much credibility as those "World's Greatest Fisherman" or "World's Greatest Lover" plastic statues. On a positive note though, the majority now realize this lesson in futility was a gigantic failure. Better times they are a comming.

    ReplyDelete
  8. barry really should heed the sound economic advice of Thomas Sowell rather than that nitwit paul grubman.

    http://townhall.com/columnists...

    ReplyDelete
  9. This one should work:

    http://townhall.com/columnists/thomassowell/2011/08/30/an_unusual_economy

    ReplyDelete
  10. anon - Well actually Groves City College in PA would be the very best education possible. Followed closely by Stanford, MIT, Duke, Wake Forest, Notre Dame, VMI, West Point, Annapolis, the Citadel, Slippery Rock, and Ball State. The Ivy Leaugue is way over rated. All one need do is look at barry to prove that theory. I have known and know several graduates from Ivy League schools, and to a person they have not been the achievers their counterparts from other schools have been. Yep, a good marketing campaign, but the product leaves much to be desired.

    ReplyDelete
  11. alphamom here...
    a person's alma mater is never a suitable yardstick to determine one's abilities or strengths or mettle. we might take a look at a classic example: the faux president, barack hussain obama. case closed. alphamom/marianne

    ReplyDelete
  12. anon - "Corporations" NOT "Sorporations", "Wasn't in the cards" NOT "Weren't in the cards", and my all time favorite "By a jury of their piers"...... :)

    ReplyDelete
  13. Marine, How dare you make jest of my World Greatest Fisherman and Lover plastic statues.

    ReplyDelete
  14. Sorry Bud. In your case, those are noteworthy and credible. As is mine for "World's Greatest Dad" & "World's Greatest Grandpa".

    ReplyDelete
  15. I'm pretty proud of my "World's Cutest Fishy" and "Universe's Best Wife" trophies.

    I think from the misspellings and "Chuckles" hate for me that we may be dealing with old Facebooker or possibly her older sister. I have never seen a poster go after anyone like this girl and her other nics. She had 144 posts over the weekend and over 100 were on a thread dedicated to Fishy. Talk about someone with wayyyyyy to much time on their hands. She occasionally mentions this site so I know she stalks us.

    ReplyDelete
  16. anon - Do tell on all countries following the grubman model. So pray tell, how are things in Greece, Spain, Ireland, & Portugal? Also now seeing that Germany, the UK, and Italy are re-thinking their Economic philosophy. Seems they are tired of pouring more money into the Euro and IMF. Gonna be a real "B" when we also cut back in funding it. So much for Keynesian BS. It also did not work '77 - '80. Guess paulie was doomed to repeat history.

    ReplyDelete
  17. Fishygal - BTW, welcome to a very select group of individuals. (All knowledgeable and intelligent) In the past its venom was directed at Grumpy, Gabriel, FastZ, Helopilot, SOL, Gabriel, Sandy, Mrs Peel, and me. Yeah, the boogger also goes by cay0te, (varmint) dbfla, (dou-- bag liberal f------ a-- hole) fatchicks, (Chuckles), woofie, no_tea, (Thank God) and si_donogood. I think your inclusion warrants a CAR ribbon or Combat Infantry Badge.

    No problem. Even some thought now that hill will give it a go in 2012. They are on the ropes, but with such incompetence and failure it was inevitable.

    ReplyDelete
  18. anon - What, Brevard CC wouldn't accept you. Maybe that Arkansas septic cleaning trade school will. You do realize jealousy is a very petty and sad character trait. Good luck.

    Sorry to burst your bubble, but I am still very gainfully employed at one of the "Top 10" hospitals in the nation. It helps when you return revenue by more than 100 times your annual salary and benefits. I get offers from "Head Hunters" all the time. See, those who can do. barry, FD raines, and that putz devil patrick set harvard back 100 years.

    Have at on copying. It is the one thing you excell at. I prefer the lone wolf independence. Running with the wrong flock will take you over the cliff. (Oops, too late.)

    Wonder where Bill Gates, Paul Allen, Steve Jobs, and Lee Iococca attended college. Always best to emulate those who are or were successful. :)

    ReplyDelete
  19. Good catch Marine. She is a real piece of work.

    ReplyDelete
  20. Yeah, thought maybe something the cat coughed up. Evidently many things lacking in its formative years. I particularly enjoy the school envy. Based upon the spelling and grammar, it was lucky if it made it through a quality Kindergarten program.

    ReplyDelete
  21. "posting on other bords" - What makes me think your level of education is somewhat lacking? :)

    ReplyDelete
  22. varmint - I seriously doubt that. Even a 5th grader can spell board and pier.

    No, unlike a few cowards, I beat the draft by enlisting. Ronnie can tell you about that.

    Trust me, I will, but thanks to a few friends, you will not know what hit you. I know where all the libraries are in Eau Galle, and Brevard. Also all the Starbucks. I am planning a trip down during the Spring of 2013. Have many friends down there to celebrate with.

    ReplyDelete
  23. OMG Marine she just called you a pussy and called you out. I want to watch. Bet she would pee down both legs. BAAWAAAAAA

    ReplyDelete
  24. Oops, pier is how you spelled it. My Bad "PEER". I know the difference.

    ReplyDelete
  25. Fishy - Only for a second or two.That would be when all body functions simply release.

    ReplyDelete
  26. Fishy - Yep, have always preferred actions over idle boasts or threats. Probably why I have such scorn for barry and the gang.

    ReplyDelete
  27. varmint - Actually, I calculate my taxes so that I owe a few hundred on 04/15. Seems foolish to give the Govt. an interest free loan all year. I just want to hit the best weather after the next shellacking and truly "Historic Event" on 1/20/2013. Might include a visit to the Naval Air Station in Pensacola on the trip. That or the Battlehip "Alabama" in Mobile.

    ReplyDelete
  28. Me too marine. I had to pay 350.00 this year. It really isn't hard.

    I now know it is old Facebooger. She's got a girl crush on me. Not that there is anything wrong with that but I don't swing that way.

    ReplyDelete
  29. Okay, so I leave, I go to work, I finish up at work and I find that 'Yous Guys' have been talking to each other all day long. I feel so left out...

    To attempt to catch up (in no particular order):

    01. My award says, "A Bovine So Fine"

    02. Fishy, a singular dissenting vote from Woofie / Chuckles / Commander Woof / Young Democrats is equivalent to a virtual High Five from approximately 48% of the REST of the Nation. Welcome, fellow RWE (Right-Wing-Extremist) to the club!!! Glad to have you on my side of the Bell Curve. (If you look really hard, you can see Chuckles WAY over there on the other end desperately trying to hold it down with his / her paws before it snaps up and whacks her / him between the eyes.)

    03. Marine, thanks for keeping watch while I was away sir. Looks like you've had a spirited (yet oddly-un-fulfilling (for you) series of exchanges) since I went to work earlier today.

    04. In scanning the above, do we need to get a Spell Checker for the Comments field hear (THAT's a joke, get it Woofie?)?

    05. If so, perhaps we should also require a basic IQ test prior to allowing a Comment being posted. For example, "If a plane crashed EXACTLY on the border between Georgia and Florida, where would the survivors be buried?"

    06. While I'm thinking about it, has anyone else noticed the stark similarity between the two words, "Keynesian" and "Kenyan"? "Hey, somebody get Uncle Omar out here so I can ask him if that's funny or not. What? He's DRUNK??? Okay, we'd better let him sober up first. Nobody likes an angry drunk who's related to the President."

    07. "Anonymous", did you ever notice how funny it is that so many folks on YOUR side have the SAME first name? Are you all related? Or didn't your parents love you enough to give you REAL names? Shoot, even if you were my child, I would have given you a Number or somethin'. 'Cause even if I didn't love you enough, I'd want to be able to identify you somehow. You know, like, "Number 2, would you PLEASE turn off that dang CNN?!?! Sitting that close to the tube is gonna make your eyes cross and your IQ drop about forty points overnight - and you've been watchin' it for YEARS!!!"

    08. "Cayote you're the absolute BEST!" - I do so LOVE the classics, don't you?

    09. Chuckles, How do you keep a blog troll in absolute, total, stupefaction?

    10. I'll tell you later...

    ReplyDelete
  30. Fishygal - If you are in Brevard, and since I can not get down there until early 2013, you think Mr. Fishy would enjoy handling some light exercise? I doubt if he would even work up a sweat. However, if you feel the need for some Zumba, be my guest.

    ReplyDelete
  31. Moos - I have heard too much bsnbc will cause a troll to go blind or hair to grow on their paws.

    ReplyDelete
  32. Mike, That will teach you to not work. Maybe you could sign up for the gravy train. I'm pretty sure booger could help you with the paper work.

    Mr Fishy would probably love to handle it for you. I love Zumba and I'm good at it. Something tells me I could make her lose bowel control just by looking her in the eye. I doubt if eye contact is made often where she hangs out. She couldn't handle a real woman.

    ReplyDelete
  33. To the first Anonymous above, you are an imposter and a coward for using my name.

    I graduated Summa Cum Mediocre, but am smart enough to know that all you have to have to be successful in life is a strong sex drive, a creative imagination and a huge pair. . . .BRAINS DON'T MEAN SHIT!


    Stop using my name.

    ReplyDelete
  34. Anon #2 - Except that is when what is supposed to be gray matter actually is brown. Like in the case with barry, and paulie grubman. In which case BRAINS REALLY ARE S---!

    ReplyDelete
  35. I graduated form a small kollage in alabamy and i know that as a concerned republiscan that we are the smartest of the two parties. OboomeR is just a moslem socilaist marxist in disquise. Rick perry will walk allover him with his leather texas ass kickin boots. Perry in 2013.

    ReplyDelete
  36. Sometimes the two are just hard to separate. I believe Anonymouse #1, suffers from what the medical profession calls RCI (you can look up the code for that one). It stands for "Rectal -Cranial Inversion syndrome.

    It's Saul Relative.

    ReplyDelete
  37. Oh for Christs sake. Give it up honey. You'll never win.

    ReplyDelete
  38. I left these two cause they made me laugh my ass off. Facebooger is giving ANON a bad name. LOL this is too funny.

    ReplyDelete
  39. Facebooger is that dried up mucous remnant that you though you wiped off on your pants but it's stuck on your Face (i.e. Facebooger).
    Kind of like a Dingleberry on your Face. Look in the mirror, you'll see.

    ReplyDelete
  40. I looked in my mirror and was left in amazement as always. You should wipe that dingleberry off your face before someone thinks you're a retard and your gonna want to keep that just amongst us. ROFLMAO

    ReplyDelete
  41. Go ahead. I won't tell. Nobody will know. You know you want to.
    Just eat it.

    ReplyDelete
  42. SOL, I knew you were out there...

    Good to hear from you!

    ReplyDelete
  43. I've missed you too. Did you get an udder job?

    ReplyDelete

Note: Only a member of this blog may post a comment.