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A (Hopefully Fake) Paul Krugman Laments The Lack Of Death And Destruction Following Today's Earthquake
We truly can only hope that this Google Plus account of Paul Krugman is merely a well-orchestrated parody, because if it is indeed that of the self-styled uber-Keynesian, the time for the public outrage, his economic beliefs aside, has arrived. In a blast post on Google's imitation of twitter and facebook, which should immediately result in the termination of the Nobel prize winning economist if it was indeed penned by him, this particular account of "Paul Krugman" writes: "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." Translation...well it's pretty obvious, but for those laboring under the aftermath of a full frontal lobotomy, the person who tweeted this essentially yearns for his voodoo economic religion to be validated following countless failures of Keynesianism (no, really, after this latest injection of Xx *illion dollars into the economy things will really be well), at the expense of death and destruction. Even more poignant translation: "Krugman" would like nothing more than to put an equal sign between the death of a human being and its proportional GDP replacement value. What next: Krugman lamenting that only certain races end up getting killed in conflict, those whose replacement potential is too low, demanding more death? Or that X number of deaths would have been more stimulative if it was really XXX? This is about as close as we will get to a Keynesian admitting that reparations for death and destruction are the only two special clauses under which fiscal stimulus does work. Which of course means that with idiots such as the poster of the above who actually thinks this, be it Krugman or some of his countless voodoo brethren, and with their proximity to the president, the only logical explanation is that a war is coming, and is being welcomed by all these s[h|c]am "economists", for whom human death and suffering is a fair tradeoff in preserving their tenure or modestly-paid, liberal publication blogging jobs. If this indeed Krugman's account, it is imperative that the NYT immediately terminate this pathologically deranged and homicidal psychopath. Institutionalization in a mentally insane ward may be a proper subsequent action.
Naturally, if this is indeed a fake accountholder, then the sarcastic spotlighting of the subject truly achieves its goal.
Incidentally, for those who have watched Michael Clayton recently, perhaps they can remind us what the New York State statute on 3rd party commitment is.
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I think the author is in error referring to Krugman as a psychopath. He definitely does not exhibit the false outwardly feelings of empathy or the organizational skills of a psychopath, therefore he would be classified a sociopath. I just happened to be thinking about the difference between the two today while fielding a few calls from some of my local constituents and decided to look it up.
all this thinking came from the fact that WW2 ended the great depression
they fail to tell us that it only really saved the US as it supplied the materials to
the rest of the world to rebuild and was a CREDITOR nation
i for one agree with this krugman. everything would in fact be far better if that entire part of the country was reduced to rubble... preferrably with the shitstains that live there underneath.
It's off-topic but did ZH catch this video in which Perry explains that the economic crisis is the work of God?
http://www.youtube.com/watch?v=jNVwGNrvKnU
Bankers do God's work? This idiot wants to be president?
OMG
short gold @1888
and short AUD/USD are the new trades
http://capital3x.com/?p=214
Krugman fails to grasp the reason people work.
We work, because we want our lives to be better.
If some asshole comes along and makes our lives worse, we fight them.
We do not work simply for something to do. We do not work because it's tradition. We work so we can produce a product that others desire, and are willing to exchange their products to obtain.
Adam Smith wrote at length how this process works.
What scares me the most though, is that after having the answers laid out infront of us so succinctly by Smith, and others, we have managed to create someone like Krugman who clearly believes the opposite.
Perhaps it's the fixation on a singular figure; GDP that causes them to miss the big picture. Well, here's how it is Krugman. Destruction does temporarily increase GDP as massive loans and insurance payouts are made. This sudden allocation of cash goes to the GDP figure in the short term. Yay! It increased. But in the long term, the loans have to be repaid, and the insurance premiums must rise. These both deduct from the net product, ensuring a fall in GDP later. Replacing productive assets with assets that achieve no higher production (ie shelter) is always an expense despite looking like economic activity.
Wait for him to start calling for riots. London and Libya probably have him keenly interested. Next thing you'll see is him touting Libya's massive increase in GDP and London's renewed building industry.
Idiot.
You're wrong. We go to work so our overlords can take taxes out of our paycheck in return for us letting them tell us how to live.
Krugman is right!! From HIS perspective, his logic is faultless -- because he sees himself as faultless.
Fortunately, the rest of us (mostly) see that the application of his logic is totally unethical and cowardly. If people 'need' to die for his pet theory to be proved, then HE should volunteer to edit his genotype from the human race and be first into the gas chamber -- just to prove what a fine upstanding piece of dogcrap he really is.
And will the Keynes decriers please get off his case -- JMK was a hundred times the man that PK could ever hope to be, his recent ramblings notwithstanding.
Krugman, in his previous life, must have been a government official for Weimar Germany int he 1920s. "Hail Drucker!" (drucker = printer in German)
You know what will boost the economy? A rebel insurrection.
Glad you mentioned that Herne.All countries but this one seem to have these rebels but ours . Where are they ?
There's a police state waiting for every nation whose population figures out they have gangsters in government.
Screw earth quakes! That was a pussy quake. Lets pound the Yen into the dirt! Can BoJ / MoF stop the drive into 76?
I think the stone age is coming! My friends and I will toss some yards! Let's find a focal point for this trade.
No need to worry about Krudman
Read the materials that all of Obummers Czars wrote for their phd`s
it is the same,only worded in another manner.
they feed on death,suffering,mayhem remember they are parasites of the psychopathic kind.
Why is ths site bothering with the ramblings of Jrugman? Not only are there more relevant currents sweeping the real world, namely the continued dislocation of Europe, the US govt. funding gap, the wt..c is happening to the fiat and their cousins, the state of the various unions, the price of hard liquor. But , the streams of hate', they're not doing the site any favours - at all - is this a ZH .gov ploy to get truly black-listed and thus shut-down, we ask?
Haven't you noticed - it's only taken about two years for ZH wisdom to permeate the MSM. Tyler is the avant garde, planting seeds that have now bloomed so, this means Krugman is now officially a historical footnote, at best. Consider yourself still at the 'cutting (ahem) hedge'.
Oh, yeah ? How about one like the one that trashed Fukushima ? Along with the death toll would be the nosedive in tax revenues. Should this guy be standing under any heavy piece of falling masonry, it couldn’t happen to a nicer guy. ‘We had to trash the economy to create economic growth’. For the record, I am dripping with scorn for this guy.
Krug-man is on Drugs, man!
Welcome to the command destruction economy.
*NEWS FLASH*
NYT Fires Krugman over Tweet!
Obama appoints Krugman as Director of Operations and Chairman of HAARP Oversite Committee.
Fuck all the stupid Princeton cocksuckers!
But God bless Gerald Celente.
http://www.geraldcelente.proboards.com/index.cgi?board=general&action=display&thread=1724
Peace and love.
Really, e's a lot of scorn for Kraveman, but what of the entire edifice of 'decision-makers' who havena' managed to put much of a break on this runaway train. All we see id pretend and manipulate and threaten - all lot of these people, the decision-makers - are supposed to be nobility - this is what really annoys me. Is that amongst themselves they coo and cluck about bloodlines and education - and yet Europe and its finances, look like it has been managed by a drunk, impotent, corrupt, venal plantation foreman with a bunch of heavies. At the end of the day, it's their investments they're more concerned about than their integrity.
It should be a lesson: individual parts of the economic system cannot be allowed to challenge the moral concerns of the elders.
Without meaningful responsibility at the top, the premise upon which the current code of laws exists, turns invalid.
Krugman should dynamite his toilet. Or burn down his house. Why stop there? It's helping the economy you know it is. Shut up about the glazier's and their fallacies.
ABC's new sitcom this fall "That's our Paul!" The day to day travails of a celebrity economist and his wacky neighbors. Episode one: "Attack of the Space Aliens!" In this episode special guest Alf throws a rock through the Nobel Prize winner's window. Later, President Obama drops by for a lesson in economics. Hilarity ensues.
A Bittersweet Season by Jane Gross
“As the days passed, I watched the hands of the clock from my perch in a corner of my mother’s room,” she writes. “They seemed to have stopped moving. She soon became a curiosity, as staff stood in her doorway to watch the old lady who would not die. I accused staff of sneaking her ice cubes when my back was turned. I was twitching with impatience. I wanted my mother to hurry up and die, and was ashamed to admit it.”
http://www.lifesitenews.com/news/how-i-helped-my-mother-starve-to-death-...
Aliens, unproductive earthquakes, now mother killers. Nice. Just burn your own houses down and spare us your commentary.
A revisit o the broken window fallacy.
Totally fake profile. Loved the Sergey Brin friend posts. Big black eye for Google+
Edit: Not positive it is fake though - maybe?, no not really?
Y'know what is crazy, Europe is already geared towards strong output, there have been years of modernization. A really low Euro would let the Agricultural and Industrial Sector lead EU out of the depression; instead, the entire clusterfuck is because of a diseased Financial and Energy Sector, who have been in the business of gambliing with real incomes.
Anthony Weiner hacked into his account and posted it. We're lucky that's all that was posted.
The Google Plus account has been active since at least July, and has quite a few posts. If the account was started yesterday, I'd call it a fake. If it is a troll account, the sarcastic spotlighting was a well thought out plan requiring quite a bit of effort.
The fact that is has been active gave me pause .... but as you said "sarcastic spotlighting" - weird.
I was thinking... if the US attacks the US, that essentially doubles our Keynesian growth opportunity. Building bombs creates jobs and rebuilding after a bombing creates jobs, too. By only bombing Arab countries, we're squandering half the war dividend!
If the US attacks the US.
Isn't that called Lupus?
It's definitely not cancer, as that's more an anarchic rebel insurrection type of scenario.
a fascist police state is leukemia.
Errr....war pigs n shit? Nice little rant though Tyler. 'These war pigs are EVIL!'
HEH
America would be far better off if Krugman's career sustained massive damage in this career quake.
First it was Alien invasion, now its earthquakes.
Good news, Paul!
I've located the long lost Wall Street Pro and he's heading to your neighborhood, Hillerich & Bradsby in hand, to do his part to juice the GDP. Damn guy deserves a Nobel for his "economics".
Based on his recent comment (asking whether or not an alien attack would actually fix the housing mess), I think the posted comment was indeed his.
Whether or not he was joking is a different story (if he was, then he obviously has a sick sense of humor).
If he wasn't, then...well...oh my fucking God, that guy needs to go.
Pronto.
Charlie Bravo
Aaaannddd... the Google Plus link no longer works (it did work earlier). I wonder if the account has suddenly been suspended/revoked?
So leftist BHO says Japanese earthquake hurt the economy (among a list of other things not his fault), but leftist Krugman says US earthquake helps the economy. That is the problem with central planners, they really don't know what is good and what is bad in the long run -- they make this stuff up as they go.
Even more real than "The Yes Men."
< If this indeed Krugman's account, it is imperative that the NYT immediately terminate this pathologically deranged and homicidal psychopath. Institutionalization in a mentally insane ward may be a proper subsequent action. >
If this is true, or not really doesn't matter.
Our Leaders camp,CZAR panel, cabinet members, is chock full of believers in Eugenics......................................why would one more be an issue.
Besides I think with what we have seen here and heard from Krugman, we already have his number, he is a sick person at the least.
http://krugman.blogs.nytimes.com/2011/08/24/identity-theft/
I made the mistake of liking Krugman before the Noble Prize. Now he's an asshole.
Like so many other "economists," has he ever actually held a job or met payroll running a real business?
The day is coming when these stuffed shirts and their supporters will be swinging from streetlights.
Face some facts. Guys like this do not live in your home town, county or even state. They have no insight into your world, so just ignore them. The highest tribute you can pay and survive all this is to bestow apathy - because that is how they think of you and your family.
Stop watching CNBC and reading the NYT. They don't care about you and 'they" do not inhabit your world. You are more likely to have seen al-qaeda than a Wall Street banker and Washington lobbyist. Think about that and get your ass down to county courthouse and get organized. Take It Back!
OBVIOUSLY FAKE!!!! Krugman is a liberal with a conscience. If we had listened to him, we would have put people to work building our bridges and making our highways safe, working on alternate energy sources, making sure our social safety net is strong. DC does not listen to him because it is in the pocket of Wall St. The quote about war or invasion from aliens or whatever doesn't mean anything. Anyone who reads Krugman knows where he stands. It is absurd to think that he wants war...
Anyone first studying how we recovered from the Depression might ask-- Was it the New Deal that did it or was it our entry into WWII? If someone says it might have been the war, that does not mean that person would advocate war or would find war morally justifiable. They might study it to see if conditions that were beneficial could be replicated WITHOUT war.
People who want war are the folks like Cheney and many others. These folks have no problems saying they want to bomb countries. Krugman has nothing to do with these folks.
Fallacy of the broken window. Shouldn't Nobel economic winners have heard of it?
Maybe not, given that waging multiple wars is now no hindrance to a peace prize, either.
I used to like him, when he was out there battling against ENRON and exposing the whole scam of higher electricity prices in CA due to price gouging.
I do not respect his economic ideas which I believe are barely more sophisticated than his "Capital Hill Babysitting Coop" in which he tries to explain the idea behind Keynesian stimulus to the layman. The whole idea is based on creating confidence by creating liquidity (when money is tight, people hoard rather than spend). However, this basic idea seems to quickly disengage from its roots and acquire a life of its own as a sort of magic potion. The problem is that it does not examine why there is a lack of confidence, it merely registers that there is a lack of confidence and operates on the assumption that this can be dealt with by creating liquidity in every case.
I think the whole neoclassical scheme which is based on shifting supply and demand curves right and left on a graph, thus shifting equilibria, is hocus pocus. A much more valid approach is that of Steven Keene which ultimately derives from Hyman Minsky's Instability Hypothesis and uses non-linear dynamics to analyse the economy.
Antal Fekete also makes a great deal of sense in his theory about the liquidation value of perpetual debt. I believe the days of Keynesianism and monatarism will end with the current depression. Just my uninformed 2c.
Krugman
bite me
http://thetruth-jules.blogspot.com/2011/08/paul-krugman-once-again-proving-he-is.html
how you like them apples
KILL YOURSELF NOW WE BEG YOU