Hey Paul, maybe you were such an amazing prognosticator of the housing bubble because YOU WERE BEGGING FOR IT TO HAPPEN?

Nah I doubt it...Krugman is a great American and did you know he won a Nobel Prize?!?!? ...and He has a beautiful Ben Bernanke beard.

If any of Krugman's thoughts were later than December 2001 this article might make a point but they aren't and it doesn't. The bubble was allowed to run right into 2005 specifically to get Dubya reelected, don't blame Krugman, blame Greenspan and Bush.
You do understand IRAQIBUKKAKE that Krugman is a columnist with no power to alter interest rates anyway????

If we are going to start blaming pundits for policy, I have a bone to pick with that Bill Kristol asshole.

If any of Krugman's thoughts were later than December 2001 this article might make a point but they aren't and it doesn't. The bubble was allowed to run right into 2005 specifically to get Dubya reelected, don't blame Krugman, blame Greenspan and Bush.

Ask and ye shall receive...

NYT Editorial, August 2nd, 2002

"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."

If we are going to start blaming pundits for policy, I have a bone to pick with that Bill Kristol asshole.

The difference is that Kristol HAS been disgraced. Krugman has been put up on a pedestal.

And he has Charles Manson eyes.

Krugman is a columnist with no power to alter interest rates anyway????

#2 | Posted by danni at 2009-06-18 09:24 AM | Reply

Krugman is also an ecopnomist who looks at everything through his political eyes -- the worst, most dishonest kind of economist.

So, he also has no power to be fair or accurate.

The public debate/discussion/choice is always controlled, both sides are the "same side" when speaking of the Democrats/Republicans and the MSM.

There is no Democrat or Republican party difference in principal. It's a ruse, a political soap opera for the masses.
In reality, they are the same party offering the illusion of difference.
The same goes for the MSM "talking heads."

If you examine what each party has actually done, (not what they have "promised") you'll see a striking similarity in action/result.

It's not what you say you'll do, but what you actually do that matters.

Krugman is another player in the game, allowing the game to continue. His "opposition" is nothing more than another player in the game, giving the "perceived" (or deceived) notion there is actually an opposing view/position.

"August 2nd, 2002"

It's still ok, virtually everyone was in favor of the FEd stimulating the economy with low interest rates for a year or even two after 9-11, but not right into 2004 & 2005 so your point is still not really a point. Just an attempt to paint Krugman with the same brush as Greenspan and it just doesn't work.

"Blood on the hands of Krugman"

I knew it was my old friend Iraqi who posted that headline before looking. Well, I'll take Killer Krugman over some crank Austrian economist anytime.

Krugman has had a very important affect on economics. If it weren't for him, Keynes would have been the most overrated economist in American history.

"If it weren't for him, Keynes would have been the most overrated economist in American history."

What???? No way. Milton Friedman holds that honor and his position is reinforced nearly every day.

It's still ok, virtually everyone was in favor of the FEd stimulating the economy with low interest rates for a year or even two after 9-11, but not right into 2004 & 2005 so your point is still not really a point. Just an attempt to paint Krugman with the same brush as Greenspan and it just doesn't work.

You set up the goalposts and I'll kick it through them.

Well, I'll take Killer Krugman over some crank Austrian economist anytime.

So would anyone else hellbent on looting the American people.