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Krugman To Colbert: "Ireland Is America's Future If Romney Is President"

Tyler Durden's picture


Forget turning Japanese, an anxious-looking Paul Krugman appeared on Stephen Colbert last night to hawk his book and suggested that "Ireland is Romney economics in practice". Noting that Obama "inherited a Depression" but has unfortunately not taken us out of it due to a "whole lot of opposition from 'the other guys'". The Kaped Keynesian Krusader went on to note that "a recession is when things are going down but a depression is when things are down" and suggests an Obama campaign slogan "It's Not As Bad As The Great Depression" to which Colbert retorts that electing Romney would seem to be the path to 'ending this depression now'. While Krugman opines that if we would just re-hire all the government workers who have been laid off over the past few years then all would be well in the world, we suspect Colbert is closer to the truth when he comedically adds that "obviously the way to end the real depression is a war in Europe" and while USA is not Greece (or Uganda), it appears we will be Ireland if Romney gets elected.




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Tue, 06/19/2012 - 20:08 | 2541309 jomama
jomama's picture

what a fucking hack.

Tue, 06/19/2012 - 20:25 | 2541375 knukles
knukles's picture

But Wait!
There's More!

We're in the Hack's Depression.
Created and maintained by the same 2 party system that brought us the ascendency of Goldman Sachs!
And since pre-Clinton, the GS'ers have been.... everywhere!


Thanks, Goldman!

So it's neither Bush's nor Obama's fault

It's Goldman's Fault!

Tue, 06/19/2012 - 22:03 | 2541649 krispkritter
krispkritter's picture

Another Nobel Award-winning Turd in a Tie...he's the Whiter side of Obamanomics...

If your Mother has ever come out of the bathroom and said "Y'all c'mere and look at the Krugman I dropped before I flush it.", you might be a Redneck...

Tue, 06/19/2012 - 22:07 | 2541662 Vampyroteuthis ...
Vampyroteuthis infernalis's picture

Kaped Keynesian Krusader, KKK, how appropriate.

Tue, 06/19/2012 - 22:45 | 2541767 Yes_Questions
Yes_Questions's picture



Saw that too.  Krugman wears a hood when writing his column and burning the $ symbol?

Tue, 06/19/2012 - 23:27 | 2541878 Richard Chesler
Richard Chesler's picture

Ahhh, the other way of receiving presidential cufflinks.

Tue, 06/19/2012 - 23:43 | 2541939 Yes_Questions
Yes_Questions's picture



and a free pass to the nearest secured bunker



Tue, 06/19/2012 - 23:52 | 2541963 flacon
flacon's picture

"We have to go spend more so we don't go bankrupt" ~ Joe Biden


What hell is this?

Wed, 06/20/2012 - 00:00 | 2541983 dbomb12
dbomb12's picture

That means if Obama becomes the PREZZY, then our future is Zimbabwe. The are not bankrupt yet, just plain BROKE

Wed, 06/20/2012 - 00:09 | 2541999 dbomb12
dbomb12's picture


Wed, 06/20/2012 - 00:27 | 2542036 Alexandre Stavisky
Alexandre Stavisky's picture

“Individuals, corporations, cities, and States can not, of themselves, do anything except play according to the rules of the present money system and make their outgo balance their income, or ultimately “go broke.” Most of them are unable, much as they may desire, to give consideration to helping the general situation except as they may influence the action of the Federal Government, which is in an entirely different category, it being able to make and change therules of the game…A State, of course, is in the same financial category as corporations and individuals in that they do not have the power of issuing money or credit. The Federal Government is entirely in a different category because it controls the money system.” ~ Marriner Eccles (February 13 – 23, 1933 Senate Hearing Committe – prior to becoming Fed Chairman)


Romney is cut of the same cloth.


If Volcker could renew the USa purpose in the 70's, to be overthrown by the "committee to save the world", perhaps Hominey Rominey might be a cleaner.


Although it would take a miracle of money printing, autarky, and debt swappery.


Ugly but Effective.  Like Krugman's shilling for his paymasters.

Wed, 06/20/2012 - 00:48 | 2542075 WhiskeyTangoFoxtrot
WhiskeyTangoFoxtrot's picture

Krugman is a cancer. He must be treated as such.


Wed, 06/20/2012 - 00:52 | 2542084 Bananamerican
Bananamerican's picture

"Ireland Is America's Future If Romney Is President"

it's Kolob actually....

Wed, 06/20/2012 - 01:00 | 2542092 WhiskeyTangoFoxtrot
Wed, 06/20/2012 - 10:50 | 2543370 Fish Gone Bad
Fish Gone Bad's picture

Krugman is a tard.  Why stop at just hiring back all the laid off people?  Hell, hire even more... and give them a raise.  Everyone should be in public service.

Wed, 06/20/2012 - 01:35 | 2542139 lemonobrien
lemonobrien's picture

buy gold and shut the fuck up.

Tue, 06/19/2012 - 23:18 | 2541843 ZeroAvatar
ZeroAvatar's picture

'Meddling Martian Marauder'.

Wed, 06/20/2012 - 00:25 | 2542035 TBT or not TBT
TBT or not TBT's picture

"Be Be Because...central...planning!"

Works for both sides of the debate here.


Tue, 06/19/2012 - 22:09 | 2541669 Marginal Call
Marginal Call's picture

Meh.  Huffington Post beat Tyler to this dog whistle by about 9 hours.  Y'all jumped on command on both sides. 

Tue, 06/19/2012 - 22:38 | 2541750 Atlas_shrugging
Atlas_shrugging's picture

Ireland is to America under Romney as France is to America under _________.

Tue, 06/19/2012 - 23:20 | 2541850 ZeroAvatar
ZeroAvatar's picture

You won't find too many liberals at this site.  Huffpo is for the Obama Pickle Smokers.

Wed, 06/20/2012 - 00:46 | 2542074 LowProfile
LowProfile's picture

Plenty of Classical Liberals here though.

Wed, 06/20/2012 - 02:56 | 2542208 Ghordius
Ghordius's picture

count me in this group - and don't kid yourself, US liberals and US libertarians both belong to the "family" of the Classical Liberals.

It's only the single-seat first-around-the-post electoral system that divides the family into a conservative faction and a progressive faction, otherwise it would be one party with two wings.

nevertheless, in this interview the liberal is Colbert, Krugman only poses as a liberal, he is too statist for the term and should be properly labeled as a Social Democrat.

Tue, 06/19/2012 - 22:10 | 2541670 Buck Johnson
Buck Johnson's picture

We are in a depression, but no politician or MSM pundit for the economy will say the D word.  Because that points to the failure of the govt. and the president not doing their jobs. 

Wed, 06/20/2012 - 04:17 | 2542306 Benjamin Glutton
Benjamin Glutton's picture

Noting that Obama "inherited a Depression" but has unfortunately not taken us out of it due to a "whole lot of opposition from 'the other guys'". The Kaped Keynesian Krusader went on to note that "a recession is when things are going down but a depression is when things are down" and suggests an Obama campaign slogan "It's Not As Bad As The Great Depression"


Krugman 3   MSM 0

Tue, 06/19/2012 - 20:30 | 2541399 P Rankmug
P Rankmug's picture
The way establishment economics works is with each new failure of bastardized Keynesianism, known as neo-Keynesianism, a new academic theory is concocted to explain the previous failure. Eventually it becomes like a patient given a new pill to counter the side effects of the previous pill, which counters the previous pill, etc. ad infinitum until the patient dies. That is how the economics profession ends up with the Phillips curve, MMT, monetarism, NAIRU, species-price-flow mechanism, money multiplier, funds rate targeting, liquidity trap, demand stimulus, irrational exuberance, etc and token Nobel Prize winners like Paul Krugman to justify the nonsense to the masses. 
Tue, 06/19/2012 - 21:21 | 2541545 A Nanny Moose
A Nanny Moose's picture

Not that dissimilar from geocentricity, flat earth, Iraq+WMD's, etc. High priests concoct convoluted, divinely inspired explanations, when evidence challenges prevailing "wisdom." Those who disagree are simply declared heretics or witches. The rest are threatened with the wrath of God. Status quo is maintained.

BTW: Where the F was Kruggybear when Bush was spending like a drunken sailor? No offense to sailors....drunk, or otherwise.

Tue, 06/19/2012 - 21:28 | 2541569 disabledvet
disabledvet's picture

but i told me mum i was just playin' with the cat again. How'd you find out?

Tue, 06/19/2012 - 21:48 | 2541617 mcguire
mcguire's picture

@ 3:52 where they say they are both in the 1%, cobert says 'hey secret handshake', and then they actually do the masonic handshake...  in your face... 

krugman is not a man, he is a characterture...  

Tue, 06/19/2012 - 23:46 | 2541950 financial apoca...
financial apocalyptic contagion's picture

the masonic handshake?


idk supposedly they gotta place the thumb on the knuckles and it looks like they did, but come on, national television?--- probably just a coincidence

Wed, 06/20/2012 - 00:28 | 2542041 knukles
knukles's picture

That is no coincidence.

Wed, 06/20/2012 - 01:00 | 2542098 mcguire
mcguire's picture

thanks for that screenshot!  lol!!! 

it is so mockingly 'in your face'... 

reminds me of this picture:  

bush throws the 'hail satan' at the 9/11 ceremony.. 


Wed, 06/20/2012 - 06:56 | 2542394 financial apoca...
financial apocalyptic contagion's picture

my housemates love Krugman, one of them would even suck his socialist dick in a heartbeat and quotes his articles from the NYtimes

WTF Krugman is a shill who needs to be bound, gagged and forgotten


Tue, 06/19/2012 - 22:23 | 2541715 Stimulati
Stimulati's picture

Funny how you guys think Milton Friedman's monetarism is the same as Krugman's modern Keynesianism.  The former is what is in effect and the latter is not.  If you don't know the difference then maybe this debate is over your head.

Tue, 06/19/2012 - 20:52 | 2541462 Eireann go Brach
Eireann go Brach's picture

Why no one has Lynched this pathetic little bastard yet is one of lifes mysteries!

Tue, 06/19/2012 - 20:55 | 2541473 nmewn
nmewn's picture


Tue, 06/19/2012 - 21:23 | 2541552 A Nanny Moose
A Nanny Moose's picture

Because he is so pathetic, he is not worth the wear and tear on the implements of corporal punishment.

Wed, 06/20/2012 - 00:27 | 2542037 TBT or not TBT
TBT or not TBT's picture

Who wants that stuff smeared on their rope?      Rope being a trade good in the new paleo economy resulting from this twit's recommended solutions, following a bit of a die off.

Tue, 06/19/2012 - 21:21 | 2541486 vast-dom
vast-dom's picture

worse than a fucking hack. one question and he's checkmated: how can you call this a depression when, thanks to the illegal fed, we have indexes melting up so very high? 


how to end the depression? let me give you the answer in broad strokes in quite a bit less than the length of a book: lose the fed and allow markets to set interest rates, stop subsidizing the TBTF institutions and let them fail, regulate the most egregious market transgressions (e.g. JPM's derivative hedges of hedges to the Nth), allow markets to determine real estate values and not shelter toxic mortgages and allow the global financial purge come as it may. a gold standard may also be created, but the key is to free the free markets from central planning and of course set fair progressive taxes, if you even must have taxes (gov can print for basic services, issue limited bonds, cities and states have other tax revenues, etc.). 


in light of what is transpiring the above solution is anything but radical. oh yeah and if we rely on the government to juice unemployment, then we are beyond delusional, as clearly Krugman is. instead of relying on this grand diseased inept babysitter gov state, we need to get this incompetent caustic system overhauled asap!


krugman + obama = zero credibility nobel.

Tue, 06/19/2012 - 21:30 | 2541574 A Nanny Moose
A Nanny Moose's picture

Colbert establishes Kruggybear's value 0:10 into the video.

"That's the same number of his books I haven't read."

Tue, 06/19/2012 - 21:39 | 2541595 vast-dom
vast-dom's picture

true. but it could have been quite amusing if he actually skimmed say the most recent one and decimated him on his erroneous econ.

Tue, 06/19/2012 - 23:32 | 2541906 williambanzai7
williambanzai7's picture


Krugmanism is the problem. The state of denial that fails to acknowledge that the whole economic system, not just the left or right side of it, has become one big cesspool.

Wed, 06/20/2012 - 04:02 | 2542297 Rogue Trooper
Rogue Trooper's picture

WORD wB7... great too see your recent rating/fame on the that 'Huff_Poo' blogger/terrist list.... you're a certified steely eyed <target>TPTB missle man!

... keep it going... the ZH bitchezs are with ya!


Wed, 06/20/2012 - 03:52 | 2542282 Rogue Trooper
Rogue Trooper's picture

I would so like to have some time with Krugman in room 101..... it would take months.

Apologies to the 'more sensitive' of the new ZH crowd for getting so 'personal' about this  f*ckin' c*nt!

He really would be first on MY LIST....

Tue, 06/19/2012 - 20:10 | 2541313 DoChenRollingBearing
DoChenRollingBearing's picture

It's all George Bush's fault!


Tue, 06/19/2012 - 20:18 | 2541345 carbonmutant
carbonmutant's picture

I was going to give you a thumb's up but I didn't want to leave the wrong impression....

Tue, 06/19/2012 - 20:20 | 2541356 ZeroPower
ZeroPower's picture

Nobama '12

Tue, 06/19/2012 - 20:40 | 2541430 TheSilverJournal
TheSilverJournal's picture

Let's get Obama in there!

This thing is going to come crashing down quick, so it might as well be on Obama!

Tue, 06/19/2012 - 21:05 | 2541510 Michael
Michael's picture

Lets play a game shall we?

Lets name the strategy whereby the Ron Paul Crew and independants all vote for OBAMA, so the Democrats get an equal share of the blame for the complete and total economic collapse of the USA.

I'll go first;

The Ron Paul Crew Put.

Tue, 06/19/2012 - 21:23 | 2541553 TheFourthStooge-ing
TheFourthStooge-ing's picture

The Fucked Fuck the Fucking Fuckers.

Tue, 06/19/2012 - 22:11 | 2541674 bonderøven-farm ass
bonderøven-farm ass's picture

Hasten the collapse......Republicrats 2012.

Tue, 06/19/2012 - 22:21 | 2541709 TheSilverJournal
TheSilverJournal's picture

The collapse is coming at the same speed no matter what. 2013. Both Romney and Obama will bailout to the max. No Difference.

The only question is who do you want to take the blame?

Tue, 06/19/2012 - 23:28 | 2541886 ZeroAvatar
ZeroAvatar's picture

Well, in THAT case, OBAMA! Of course!

Tue, 06/19/2012 - 21:28 | 2541568 TheSilverJournal
TheSilverJournal's picture

What's your grand plan genius? Print more money?

Tue, 06/19/2012 - 23:53 | 2541965 palmereldritch
palmereldritch's picture


Tue, 06/19/2012 - 20:40 | 2541427 junkyardjack
junkyardjack's picture

Well George Bush was the country's first President ever.  All problems were started by him...

Tue, 06/19/2012 - 20:11 | 2541319 ragequit
ragequit's picture

Ireland is America's future. No ifs.

Tue, 06/19/2012 - 23:29 | 2541893 ZeroAvatar
ZeroAvatar's picture

Ireland MAY have a future. America has none.

Tue, 06/19/2012 - 20:11 | 2541320 Grug
Grug's picture

Sad thing is a ton of people probably believe Krugmen


Tue, 06/19/2012 - 20:30 | 2541393 xela2200
xela2200's picture

Why shouldn't they. It is what they want to hear. Just spend more money and hire more people. Then, push a button, and we are back. No pain.

Nobody wants to hear the truth. That it would take at least a decade of pain to put the house in order.

Tue, 06/19/2012 - 22:56 | 2541788 Jena
Jena's picture

Reading the comments after the Huffpo article that listed Tyler/ZeroHedge and Banzai among The 25 Most Dangerous People In The Financial Media, I was struck by the number that were outraged that Krugman was not listed among them -- let alone at the top of the list.  

So yeah, weird as it seems a lot of people believe what Krugman says.

Tue, 06/19/2012 - 23:11 | 2541828 TheFourthStooge-ing
TheFourthStooge-ing's picture

Jena said:

So yeah, weird as it seems a lot of people believe what Krugman says.

Therein lies his danger.

Tue, 06/19/2012 - 23:27 | 2541883 Jena
Jena's picture

4th Stooging said: Therein lies his danger.


It does make me think about Geek Girl's comment on WmBanzai's LiViN' IT UP AT THe HoTeL NeiN... yesterday about using "dangerous" to describe that group of clear-thinking and -talking people when others like Krugman and the other financial terrorists who enslave the people through advocating and enacting bad policy are not called out.  


Seeing him yuk it up on Colbert looking like a little marsupial while remembering he'd like us to be in WWIII to shake us out of this economic mess pisses me off because I don't think that people really understand the ramifications of what he really wants.







Tue, 06/19/2012 - 23:46 | 2541951 TheFourthStooge-ing
TheFourthStooge-ing's picture

Jena said:

Seeing him yuk it up on Colbert looking like a little marsupial while remembering he'd like us to be in WWIII to shake us out of this economic mess pisses me off because I don't think that people really understand the ramifications of what he really wants.

Yep. If not for the number of people that put faith in his "expertise" he'd be just another pontificating crank.

Hell, if Krugman started ranting about an incoherent economic postulate that he called "US citizenism", he'd win another Nobel Economics Sweepstakes Award.

Tue, 06/19/2012 - 23:32 | 2541905 ZeroAvatar
ZeroAvatar's picture

Why is everyone suddenly trying to get ZeroHedge hits over at Obama Pickle Smoking Huffpo?  I've noticed an increase lately.

Wed, 06/20/2012 - 09:23 | 2542844 Winston Smith 2009
Winston Smith 2009's picture

That list is missing a very valuable contributor to economic truth, probably one of the very best, Russia Time's Capital Account program on Youtube.  Intelligent, detailed interviews where the beautiful host asks the right questions every time.  Much better than the Keiser report for serious analysis and free of Max's often stupid hyperbole which damages his credibility with mainstream audiences when it is those audiences, not us, who need a waking up.

Tue, 06/19/2012 - 20:29 | 2541395 knukles
knukles's picture

The other Sunday morning here in the Land of Drive-In Churches and Sunday liquor sales, I was standing in line at my local Supermercado waiting to check out, enjoying a thumbing of the National Enquirer when the fellow behind me with only a Sunday NY Times in his hand says to me: "Don't you just love it? I can't wait till Sunday when I can get my New York Times."
I responded; "I'm always curious for a dose of Communist Propaganda."

He got mad.

Ah, life and times in Sunny California.

Tue, 06/19/2012 - 21:39 | 2541594 TheFourthStooge-ing
TheFourthStooge-ing's picture

knukles said:

The other Sunday morning here in the Land of Drive-In Churches and Sunday liquor sales

Centerville, a real nice place to raise your kids up.
Centerville, it's really neat.
And liquor stores.
Bowling alleys, just like Glendale.
Look, over there, it's a rancid boutique!

Tue, 06/19/2012 - 22:37 | 2541744 mjk0259
mjk0259's picture

Your enjoyment of National Enquirer explains why you wouldn't like NY Times , propaganda or not they write some pretty good stories. And sometimes they are not the same ones every week with a different person pregnant/divorced/cheating like in National Enquirer.



Wed, 06/20/2012 - 00:30 | 2542046 TBT or not TBT
TBT or not TBT's picture

In the non-global warmening sections of the science departments, sure they write a few good articles.  Elsewhere, bah!

Wed, 06/20/2012 - 02:56 | 2542220 Offthebeach
Offthebeach's picture

NYT? You tell me the subject, I'll write the story. Same Yupper West Side drivel for the last 50 years. The WSJ has better quality features now.. I love telling lefties it outsellls Carlos Slims rag 2 to 1.

Tue, 06/19/2012 - 20:14 | 2541329 Bazza McKenzie
Bazza McKenzie's picture

The US will certainly be Greece if Obama is reelected.  So Krugman is boosting Romney, perhaps unintentionally.

Tue, 06/19/2012 - 22:38 | 2541748 mjk0259
mjk0259's picture

Greece? You mean 17 other countries are going to bail us out while we do hardly any work? Vote Obama!


Tue, 06/19/2012 - 20:17 | 2541336 francis_sawyer
francis_sawyer's picture


Umm... I'll take IRELAND...

Tue, 06/19/2012 - 20:20 | 2541359 francis_sawyer
francis_sawyer's picture

==> Gimme IRELAND

==> Gimme ISRAEL

Wed, 06/20/2012 - 00:51 | 2542082 LowProfile
LowProfile's picture

===> Gimme ICELAND


Tue, 06/19/2012 - 20:15 | 2541337 caimen garou
caimen garou's picture

he looks like something that came out of bernake s ass, fucking rat

Tue, 06/19/2012 - 22:21 | 2541710 TrainWreck1
TrainWreck1's picture

A Krugerroid?

Tue, 06/19/2012 - 23:13 | 2541834 TheFourthStooge-ing
TheFourthStooge-ing's picture

Long Preparation K.

Tue, 06/19/2012 - 20:17 | 2541338 Yen Cross
Yen Cross's picture

 Krugman? I thought your time in the barrel was over?  ...

Tue, 06/19/2012 - 20:19 | 2541349 pragmatic hobo
pragmatic hobo's picture

given the choice of romney and obamma ... I say obamma seem like a better choice. Who knows? with no re-election hanging over him he actually might try to do what he said he would do 4 years ago.

Tue, 06/19/2012 - 20:26 | 2541367 Beam Me Up Scotty
Beam Me Up Scotty's picture

Like you mean really wreck the country?  Actually, we need to just let the Democrats win the whole thing.  House, Senate, WH.  Have it your way you whiney little babies.  Then we can really see how great their ideas were.  There is never enough spending for the Democrats.  So spend whatever you really think should get everything "back to normal".  See where that lands us.....

It never ceases to amaze me how they complain about Bush.  Yet they want Obama to double down, triple down, and quadruple down or more on just about everything Bush stood for.  Bush spent too damn much money, yet they want Obama to spend 3x more.  Its like they hated Bush, yet love Obama who is like Bush cubed.

Tue, 06/19/2012 - 20:46 | 2541448 GasPump
GasPump's picture

I've been saying the same thing for the past 2 years. Let em have the whole damn govt. and it will ensure that these do-nothings never get into power again...for a while atleast 

Tue, 06/19/2012 - 21:42 | 2541600 Imminent Crucible
Imminent Crucible's picture

Let them have the whole damn government? Within two years, people would be tunneling under the fence into Mexico. The rich would be flying to North Korea.

Tue, 06/19/2012 - 23:24 | 2541869 prodigious_idea
prodigious_idea's picture

And the senseless checking of voter registration cards continues.

Wed, 06/20/2012 - 00:35 | 2542051 TBT or not TBT
TBT or not TBT's picture

Problem. With. That.  ===>   Once they've got the Supreme Court they want, we'll never get the Constitution back again.   

We're hanging by a thread already as it is, with initials odds on monstrosities like Obamacare's individual mandate split 5-4, whereas it is obviously a 9-0 thing, and should have been back in FDR's time too.    It is called the Commerce Clause, interstate that is, not the Top Down Central Planning Clause.

Tue, 06/19/2012 - 21:05 | 2541505 El Oregonian
El Oregonian's picture

They already had it from 2008-2010 and they screwed it up even worse, remember? My new motto is: "If they can't trusted then they must be flush'ded"

Tue, 06/19/2012 - 22:43 | 2541762 Cloud9.5
Cloud9.5's picture

Didn't the Democrats control both houses in Obama's first two years.   Why didn't it all get solved then?

Wed, 06/20/2012 - 00:36 | 2542052 TBT or not TBT
TBT or not TBT's picture

The same two houses got a head start screwing things up in the last two years of Bush's last term.

Tue, 06/19/2012 - 20:32 | 2541396 Yen Cross
Yen Cross's picture

Pragmatic Hobo?   As in basement baby, that writes code?

  Go to the park next to an Airport, and befriend a pilot, who (intern/inturn) , knows a busines owner.

  Get a job and some self esteem! Get it ( Pragmatic Hobo)? Then learn how to design things after you get a education, on the job!

Tue, 06/19/2012 - 22:30 | 2541731 Everybodys All ...
Everybodys All American's picture

If you have not figured out that you voted for a radical liberal (maybe your good with that) by now your hopeless.

Wed, 06/20/2012 - 01:16 | 2542122 malek
malek's picture

 I say obamma seem like a better choice. Who knows? with no re-election hanging over him he actually might try to do what he said he would do 4 years ago.

Or if that doesn't work, maybe if we make him dictator for life he actually might try to do what he said he would do!

Tue, 06/19/2012 - 20:19 | 2541351 Beam Me Up Scotty
Beam Me Up Scotty's picture

Can someone just punch Krugman in the mouth already?  That might shut him up for a few minutes.

Tue, 06/19/2012 - 22:26 | 2541721 Atlas Shrugging
Atlas Shrugging's picture

Reminds me of a joke:

Q.  How do you get a clown to quit smiling?

A.  Hit him in the face with an axe!

Tue, 06/19/2012 - 20:20 | 2541353 Bay of Pigs
Bay of Pigs's picture

I'd rather look like Iceland Krugtard

Tue, 06/19/2012 - 20:20 | 2541355 carbonmutant
carbonmutant's picture

Krugman is a cartoon character like Eric Burnett...

Wed, 06/20/2012 - 00:38 | 2542056 TBT or not TBT
TBT or not TBT's picture

Krugman may indeed have boobs.  Can't tell for the tweed though.

Tue, 06/19/2012 - 20:20 | 2541358 Kayman
Kayman's picture

In the 1930's America had industry and people were proud to work for a living.  In 2012, thanks to Krugman, Bernanke and the rest of the Financialization Criminals, America has Welfare, Crime, and Chinese imports.

Is there a problem with that ? Fuck no, says Paul.

As soon as the Iran thing warms up, China is going to repatriate Taiwan.  Then we will rue the day America built the Chinese Frankenstein.

Tue, 06/19/2012 - 20:24 | 2541368 Rentenmark
Rentenmark's picture

Krugs is obviously right, he won a nobel peace price in economics.  Only the best and brightest win those prizes ya know...

Tue, 06/19/2012 - 21:54 | 2541634 Bollixed
Bollixed's picture

I got mine in a Cracker Jacks box...

At least I had to actually do something like 'open the box' to earn it.

Tue, 06/19/2012 - 22:40 | 2541754 mjk0259
mjk0259's picture

Actually largely true in science. Economics/literature not  science.

Wed, 06/20/2012 - 00:40 | 2542058 TBT or not TBT
TBT or not TBT's picture

And almost a counter indicator of goodness in the "Peace" domain.   Yassir Arafat, Barack Obama, TBD on which body count was worse.   The theft level comparison is no contest though.

Wed, 06/20/2012 - 02:40 | 2542203's picture

So no mention of Arafat sharing the prize with Rabin. The Zionists did them both in. How do you feel about that and the ramifications for peace?

Tue, 06/19/2012 - 23:35 | 2541921 taniquetil
taniquetil's picture

Not only is he a Nobel Prize winner, he is also a Professional Blogger. How could you not trust him?

Tue, 06/19/2012 - 20:24 | 2541369 fonzannoon
fonzannoon's picture

"Thats the same number of his books I haven't read"


Tue, 06/19/2012 - 20:26 | 2541379 GeorgeHayduke
GeorgeHayduke's picture

Like there's much of a difference between Romney and Obama. Obamney is more like it. It's purely down to the punch in the face or the punch in the face between these two. Forget the punch to the stomach. Those days are over.

it takes a real loser to be as disgusting as the plastic, empty-headed, salesman scumbag that is Romney, but Obama the empty suit, sellout douche bag has done it. This election has to be the biggest loser's bowl of the past 50 years. We lose no matter who we get.

Deal with it and start doing what you can to strap in for the this country to fly over the cliff and crash. These idiots can do a lot of damage during the free fall down, which is a long way down.

Tue, 06/19/2012 - 20:38 | 2541423 disabledvet
disabledvet's picture

then i guess the Monkey Wrench Gang will have to live on. Oh, well.

Tue, 06/19/2012 - 21:16 | 2541534 Yen Cross
Yen Cross's picture

Yeahhh. You guys are keepers!

Tue, 06/19/2012 - 21:49 | 2541621 Ricky Bobby
Ricky Bobby's picture

I am going full retard and writing in McCain for president :)

Tue, 06/19/2012 - 22:46 | 2541772 Cloud9.5
Cloud9.5's picture

Have you forgotten the National Defense Authorization Act he wrote?

Tue, 06/19/2012 - 23:22 | 2541859 TheFourthStooge-ing
TheFourthStooge-ing's picture

Cloud9.5 asked:

Have you forgotten the National Defense Authorization Act he wrote?

I'm pretty sure McCain's forgotten it by now. The senile old coot thinks he's still running in the 2008 presidential campaign.

Tue, 06/19/2012 - 23:27 | 2541879 prodigious_idea
prodigious_idea's picture

Surely you meant '04, or '00, or . . .

Tue, 06/19/2012 - 23:49 | 2541956 TheFourthStooge-ing
TheFourthStooge-ing's picture

Point well taken.

Tue, 06/19/2012 - 22:40 | 2541755 Everybodys All ...
Everybodys All American's picture

Obama is a radical liberal who believes in wealth redistribution and his father was an avowed Marxist. Other than that small difference yeah they are similar.

Tue, 06/19/2012 - 23:47 | 2541947 GeorgeHayduke
GeorgeHayduke's picture


Obama a radical liberal? LMFAO!!!!!!


Quit listening to RusHannity, Bill O'Lie-ly and Faux News and look at reality. Obama's a corporate suckass from the get go. I know we have to label the guy a liberal to maintain the fake Left/Right myth our owners want us to argue over instead of watching them steal from us. But Obama is no liberal. There hasn't been a real liberal running as a viable presidential candidate since I turned 18 in 1979. Ralph Nader's the closest thing and he's never had a chance since he's smarter than most of the sheople.

By the way, Reagan, Bush I and Bush II also believed in wealth redistribution, as well as Clinton...from the bottom and middle upwards. Hence a good reason we are here now. Stop believing what you are told to believe and look at the real world. You'll likely see the real pickpocketing occur instead of only noticing the distraction.

Wed, 06/20/2012 - 00:35 | 2542050 GeorgeHayduke
GeorgeHayduke's picture

If you're going to junk it at least explain where I am wrong....if you can.

Tue, 06/19/2012 - 23:49 | 2541955 ZeroAvatar
ZeroAvatar's picture

I agree.  Romney is an empty suit.  Romney is a PTB Puppet.  We lose, either way.   


That being said, I'm still VOTING for ROMNEY.  I've been reading a lot of these 'Romney's no better than Obama', blah, blah, blah, posts for some time now.  What I think is REALLY going on is Obama Sock Puppets are all over the web, saying this.  They hope that by convincing everyone there's no 'difference',  nobody will turn up at the polls and Obama then is  a 'shoe-in'. 


VOTE FOR ROMNEY!  ROMNEY 2012!  Anyone but OBUMMER in 2013!

Wed, 06/20/2012 - 00:36 | 2542049 GeorgeHayduke
GeorgeHayduke's picture

I admit that I usually find most Republican candidates and their need to be a bigger conservative asshole than the other ranting asshole quite loathsome. However, I'm no Obama supporter either.

I do agree with you on Romney. I may vote for him too as I am certain that if he wins along with a few of those fire-breathing, religious hypocrite, fascist rethuglicans, they will step on the accelerator and scream this bitch over the cliff at top speed. Obama will likely muddle through another 4 years of insignificance and as a result, delay the collapse. Romney and a crew of righteous Rethugs, on the other hand, will look for wars to start, start picking on the minority groups of Americans they hate, crank up the phony drug war and start implementing some of those new Fatherland Security laws they trash in Congress recently passed. They'll get the bonfire stoked up good and expedite the fall from grace. Why muddle through with smoke bombs and snakes when you can play with M-80s and gasoline?

Wed, 06/20/2012 - 03:27 | 2542256 Lednbrass
Lednbrass's picture

No, its a question of thinking strategically.  The next presidential term is going to be a flaming ball of disaster for whoever has it, and both candidates are too incompetent (or too status quo) to do anything meaningful about it.

The question then becomes- who should be on the bridge of the Titanic?

As contemptible as the Republican party is, their failure will take out the tiny fragment of slightly less contemptible politicians remaining so I would rather see BO on the bridge when it rolls over.

Anyone who thinks there is any substantive difference between two should shoot their TV and radio. If thats what you really think, I really think you are a moron. Talk about a flipping sock puppet...

Romney is a gutless worm- massive deficit spending, blueprint for Obamacare, hostile to semi auto rifles, appointed liberal judges etc. etc. Only in some places where his party is irrelevent anyhow (New England, California, and so on) does he even classify as remotely on the political right and get much support, and who gives a damn what a northeastern or left coast repub thinks anyhow?  They are the most meaningless group in the country in terms of politics.

Tue, 06/19/2012 - 20:26 | 2541380 Hedgetard55
Hedgetard55's picture

Kman = Enron consultant = shit for brains.

Tue, 06/19/2012 - 20:28 | 2541382 IEVI
IEVI's picture

I kind of want to click the link and listen to that jackass make himself look like a fool, but i cant get myself to do it. I'm afraid it will end in rage, tears or vomit.

Tue, 06/19/2012 - 21:19 | 2541541 FrankDrakman
FrankDrakman's picture

Or all three. I call it the "Krug Trifecta".

Wed, 06/20/2012 - 06:06 | 2542350 Azannoth
Azannoth's picture

I was thinking the same but Colbert really makes this Jackass look like a Jack's-ass, .. not sure if that was intended though

Tue, 06/19/2012 - 20:28 | 2541386 MiguelitoRaton
MiguelitoRaton's picture

Can we stop using the term "economist" and use the more appropriate term "shill"?

Wed, 06/20/2012 - 01:18 | 2542125 malek
malek's picture

I prefer "clown" for him

Tue, 06/19/2012 - 20:28 | 2541387 sschu
sschu's picture

It is amazing how many folks get their info from the likes of these kinds of shows and interviews.

America's biggest problem right now is the inability for anyone to determine real truth.  Paul Krugman can get on a show and spout nonsense about spending money we do not have and the host does not even mention a peep about the debt.



Tue, 06/19/2012 - 20:29 | 2541389 Shameful
Shameful's picture

Some one help me out here, has Krugman ever been right about anything, ever? His track record appears to be as sterling as Zimbabwe Ben's batting a smooth .000. Not that I like Romney...shit can barely tell the difference between Obama and Romney, they both have the same group shoving a hand up their ass to puppet them. Though I would rather Obama get a second term, after all if there is going to be no change at least Obama can't claim to be small government at this point.

Tue, 06/19/2012 - 21:53 | 2541632 fleur de lis
fleur de lis's picture

Why does he have to be right? Is the SEC ever right? Is the Fed freak show ever right? Is Congress ever right? Is anybody in the White House Nut House ever right? No, no, no, no.

Being right means they have to think logically and be accountable, and put the interests of America over their own weird inclinations.

So no, he's never been right. 



Tue, 06/19/2012 - 22:06 | 2541650 fleur de lis
fleur de lis's picture




Tue, 06/19/2012 - 20:29 | 2541390 casey13
casey13's picture

They will give a nobel prize to anyone these days.

Tue, 06/19/2012 - 20:54 | 2541468 Matt
Matt's picture

The Swedish Banking Association Award for Hoodoo Voodoo is not a Nobel Prize, and is not awarded by the Nobel Committee. 

The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel

Tue, 06/19/2012 - 22:38 | 2541752 TheFourthStooge-ing
TheFourthStooge-ing's picture

Matt said:

The Swedish Banking Association Award for Hoodoo Voodoo is not a Nobel Prize, and is not awarded by the Nobel Committee.

That brings up a good point. When discussing hacks like Krugman (who really should be thankful just for the residuals he gets for reruns of The Odd Couple and Quincy), it only gives them false accolades to refer to them as Nobel Prize recipients.

The Nobel Prizes were established in 1895 by the will of Alfred Nobel. The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel, commonly referred to as the Nobel Economics Prize, was established in 1968 by the world's oldest central bank, Sveriges Riksbank, to coincide with the 300th anniversary of the bank's founding.

The bank essentially bought Nobel naming rights for their prize in what was, in my opinion, nothing more than an attempt to purchase quasi-scientific legitimacy for the field of economics.

Perhaps a better term for the recipients would be "winner of the Nobel Economics Participation Trophy" or "Nobel Economics Sweepstakes winner".

Tue, 06/19/2012 - 20:31 | 2541402 RobotTrader
RobotTrader's picture

Krugman is a genius.


If TPTB listened to him and ramped up spending and hiring, we would not be in his mess.

The Eurozone crisis wouldn't have happened.

Tue, 06/19/2012 - 20:35 | 2541416 El Oregonian
El Oregonian's picture

... JUST a little snarky aren't we?

Tue, 06/19/2012 - 22:43 | 2541760 TheFourthStooge-ing
TheFourthStooge-ing's picture

He went all in on Facebook. A month later and it still stings.

Tue, 06/19/2012 - 20:37 | 2541422 Beam Me Up Scotty
Beam Me Up Scotty's picture

Right, because they didn't spend enough money in the Eurozone with all the government largesse they insist on over there.  They are butt ass broke.  And we want to emulate them.

Tue, 06/19/2012 - 20:40 | 2541429 disabledvet
disabledvet's picture

"bankruptcy 60 years ago" probably wouldn't have been all that bad for the EU now that you made me think of it.

Tue, 06/19/2012 - 20:47 | 2541452 francis_sawyer
francis_sawyer's picture

 "If TPTB listened to him and ramped up spending and hiring, we would not be in his mess."


RT ~ Just because you've become painfully aware that no woman would ever have sex with you & therefore you will never have children or grandchildren, that doesn't mean your ideas apply to the benefit of the rest of mankind...

Tue, 06/19/2012 - 21:50 | 2541625 Ricky Bobby
Ricky Bobby's picture

Robo is snortin them balth salts again.

Tue, 06/19/2012 - 22:08 | 2541666 krispkritter
krispkritter's picture

Good. Maybe he'll make an appetizer of his fingers before chewing his own face off and he won't be able to type this trype anymore!

Tue, 06/19/2012 - 22:03 | 2541654 Hohum
Hohum's picture


You told us earlier today that we weren't in a mess!

Wed, 06/20/2012 - 00:00 | 2541986 totem
totem's picture

Robo.  Dude.  Listen.

Stop wasting your time with us morons, sell some AAPL, and pony up the 200K for 4 years at Princeton.

Let Krugman teach you everything he knows!  Be Roboman.

Then after you've become another Princeton genius, maybe you could find some time on those long flights to Norway to pen a few enlightened words for us?

I promise everyone will listen and treat you better if you have doctorates and prizes and stuff!

Tue, 06/19/2012 - 20:31 | 2541406 mendigo
mendigo's picture

The US is a bankrupt nation without a government.
And becoming bernankrupter by the day - we shouldbecome more efficient by merging the fed and the treasury - there is no real need to keep a budget going forward.

Tue, 06/19/2012 - 20:54 | 2541470 Kayman
Kayman's picture

Hell yeah.  Let's move Bernanke in with Timmy, cut out the middle men and print only.  Then we will no longer need to tax anything.

Great Idea. 

Tue, 06/19/2012 - 20:32 | 2541407 El Oregonian
El Oregonian's picture

Krugman... Can somebody remove this imbecile from his perch before he slips up and calls ZerO our only and anointed savior?

Tue, 06/19/2012 - 20:35 | 2541412 ExploitTheMarket
ExploitTheMarket's picture

"due to a "whole lot of opposition from 'the other guys'"."


what BS that statement is... Obama, as the leader of his party, had control of both houses of congress and the executive branch for the first two years of his administration and what did he do with it? He has made a bad economic situation far worse than it had to be.... I hope Romney gets elected and takes a private equity AX to the government.

Tue, 06/19/2012 - 20:54 | 2541469 Clever Name
Clever Name's picture

I'll take any bet that doesnt happen. No offense, but its delusional to think that there will be any meaningful change if Romney gets elected.

Tue, 06/19/2012 - 21:46 | 2541610 Imminent Crucible
Imminent Crucible's picture

"If voting changed anything, they'd make it illegal."

~Emma Goodman

Tue, 06/19/2012 - 20:34 | 2541414 Yen Cross
Yen Cross's picture

 Obama was "Sweat Faced" and delusional! I'll bet he missed the tunnel under the White House, to spark up a Marlboro!

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