Skip to content

Editorial Gold: What Krugman Won’t Say

2013/08/04

UPDATE: Irony Alert!  Krugman’s striptease was published in the New York Times.

 

The dollar is in trouble. Between komrade Obama’s feckless economic “leadership” and bearded Bernanke’s rampant counterfeiting, the dollar has lost half of it’s real value since BB settled as Fed chairman.  Time to fess up?   What Krugman Won’t Say

Paul Krugman is out with his second piece in less than a week attacking The New York Sun. He calls us a “marginal publication, with strong gold bug tendencies.” His ire is up because we have failed to endorse Governor Janet Yellen as the next chairman of the Federal Reserve board. […]

That is the issue — the collapse of the dollar.

What ensues is classic Seth Lipsky: Polite, humorous, critically reasoned but brutal take-town of liberal obfuscation.  Mr. Krugman’s attempt to avoid the real issues never stood a chance.  Please read the whole thing.

And yes, the dollar is in deep trouble – and the same government/Fed policies that drove it’s failure are having predictable results.

As Margaret Thatcher pointed out, the Statist Mob are running out of other people’s money to spend.  With the rise of the Liberty movement here in America, they are nearly out of time. When Krugman has to dip to cheesy ad-hominem, it is obvious they are fresh out of ideas.

Advertisements
5 Comments leave one →
  1. 2013/08/04 16:44

    After seeing Krugman on Jeopardy, I fail to see the big deal about him. He’s not the sharpest knife in the drawer. Certainly not up to the level of Sowell.

    • 2013/08/04 16:51

      Could you immagine Sowell or Williams as Fed Chair?

      • 2013/08/04 16:59

        Not under Obama. They are the wrong political persuasion. I’d give it to Ron Paul too just because. Any of those listed here would be better than what we’ve had.

      • 2013/08/04 18:13

        Amen!

        …though I still think the Fed needs some explaining to do, especially with respect to it’s very raison d’être. “Term limits” ought to be complemented with “Sunsets” for entire Bureaus, Agencies and Departments and the entitlements, regulations and tyranny they deliver. Why should the Fed be shielded from market forces and Congressional oversight?

  2. Libertarian Advocate permalink
    2013/08/06 16:50

    it is obvious they are fresh out of ideas

    Yos: Of course as you and I as well as many other brighter than us know well, that has been the case for 50+ years. It is a testament to their commitment to their ideology that they maintain their delusions even now.

    Then again maybe its just their stupidity….

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s