Blast From Paul Krugman's Past: "Social Security Is A Ponzi Scheme And Will Soon Be Over"

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Tue, 09/13/2011 - 21:38 | 1665848 anynonmous
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Krugman is not worth the pixels

notwithstanding

 

he did come out supporting death panels back on  Nov 14 2010:

 

"Some years down the pike, we're going to get the real solution, which is going to be a combination of death panels and sales taxes. It's going to be that we're actually going to take Medicare under control, and we're going to have to get some additional revenue, probably from a VAT. But it's not going to happen now."  video ABC Amanpour http://www.mrctv.org/public/eyeblast.swf?v=hdSUSUaGnz

Tue, 09/13/2011 - 21:59 | 1665977 PulauHantu29
PulauHantu29's picture

Death Panels will be implicit, not explicit. The reimbursement to doctors will become so low they will refuse to treat you. The number of doctors who accept Medicare/Medicaid is less then 15% in many cities.

Hey, we all gotta go sometime, right?

 

Tue, 09/13/2011 - 22:18 | 1666060 anynonmous
anynonmous's picture

apologies for bringing up health care I should have stopped typing at pixels

notwithstanding

 

this is theater of the absurd

circa April 2009  Cramer (whom Doug Kass affectionately refers to as El Capitan ) compares Krugman and Roubini to characters from somehting called Gilligans Island

bit.ly/nXWaSk

 

 

Tue, 09/13/2011 - 22:23 | 1666074 TruthInSunshine
TruthInSunshine's picture

 

 

 

Paul Krugman, if you're reading your incompatible statements that ZH'er John Poehling has highlighted for you, whether you ambled in over here on your own, or were sent a link by one of your lackeys, all I have to say to you is:

 

Suck it, DOUCHEBAG.

Tue, 09/13/2011 - 22:31 | 1666102 Religion Explained
Religion Explained's picture

Yes, and DIAF after, slowly.

Tue, 09/13/2011 - 22:59 | 1666187 redpill
redpill's picture

Combine this with his completely classless 9/11 anniversary editorial and it tells you all you need to know about this piece of shit.  He's a hydra of hypocrisy and lies.

Tue, 09/13/2011 - 23:34 | 1666283 weinerdog43
weinerdog43's picture

Unfortunately, he was right.  Seriously, did you read his article?  He was complaining about the turning Sept. 11 into a fascist wet dream.  Are you so crazy to want more regulation and government supervison?  That was what he was complaining about.  Talk about blinders dude.

Wed, 09/14/2011 - 00:15 | 1666402 GilaMonster
GilaMonster's picture

He didn't back up his talk and accusations, so before you start all the haliburton bs, krugman should man up and give facts or shut the fuck up and maintain being a nobel ponzi prize whiner.

Wed, 09/14/2011 - 01:05 | 1666529 sun tzu
sun tzu's picture

Go suck Krugman's weiner, you sorry ass sockpuppet

Wed, 09/14/2011 - 06:50 | 1667740 nmewn
nmewn's picture

A nice article identifying past & present "liberals" who have called Social Security a ponzi...

http://www.nationalreview.com/articles/276859/perry-and-ponzis-stanley-kurtz

Oh my...

Wed, 09/14/2011 - 09:08 | 1668006 tovar2
tovar2's picture

well put Redpill

when the boots are out in the streets guys like him will go into hiding

Tue, 09/13/2011 - 23:03 | 1666198 I only kill chi...
I only kill chickens and wheat's picture

Watch out for the KDI, they'll get yer for sure. Krugeman Defense Industries, they're everywhere.

Wed, 09/14/2011 - 06:19 | 1667711 Pay Day Today
Pay Day Today's picture

Does KDI make orbital lazer platforms for zapping incoming alien invaders with?

Wed, 09/14/2011 - 06:58 | 1667746 nmewn
nmewn's picture

lol...yes.

And they also make cute little shovels stamped with the word "Ready" on them to dig and refill trenches, day after day, for no apparent reason.

Tue, 09/13/2011 - 22:20 | 1666067 duckhook
duckhook's picture

The number of baby boomers collecting medoacre is going to be so large that Doctor's will have no choice but to accept medicare

Wed, 09/14/2011 - 06:54 | 1667743 jabu
jabu's picture

The other choice, you ass, is to quit practicing medicine in public.

Tue, 09/13/2011 - 22:25 | 1666079 GeorgeHayduke
GeorgeHayduke's picture

"Hey, we all gotta go sometime, right?"

Yes we do. I just hope my time to go isn't while I'm sitting in a restaurant with my family when a terminally-ill patient with a Czech SKS who's been screwed over by "the healthcare industry" decides to take out his frustrations with our corrupt, innane and inept healthcare system on the patrons of the restaurant.

One thing about our future of which I am quite certain is much less courtesy, decency, and humanity, all of which is brought to you by our owners. Meanwhile, the other thing you can be certain of is many of the slaves and serfs will defend their owners before, during and after this has happened.

Tue, 09/13/2011 - 22:32 | 1666104 Stelan
Stelan's picture

Huh?

Tue, 09/13/2011 - 23:44 | 1666329 johnnynaps
johnnynaps's picture

Well, you might be correct if you hold a viewpoint like mine. I see the baby boomers as the one's in control of this disasterous way of life. They hoard jobs and assets. They want the can kicked down the road because it suits their best interests of allowing my generation to deal with the shit-storm. No one from my generation has made these irrational, unConsitutional, retarded policies or laws. As far as I'm concerned, my master boomers can do what they will do best the next 20 years. And, they want to cry inept and unfair as they collect a pension and the remaining SS amounting to double what I make at 50 hours of work a week for just hanging around doing NO good! -PS, to the obvious boomer argument.....I did not ask for this way of life. I would rather work less and enjoy nature more living with a lesser ICRAP standard. Thank you for ruining the planet.....now please choke on those dentures.

Wed, 09/14/2011 - 02:25 | 1666678 zhandax
zhandax's picture

If I were not 95% convinced that the global ponzi would collapse within the next 15 months, I would say 'lots of luck changing it when it gets dumped in your generation's lap' numbnutz.  Guess you have never tried to talk sense to an incumbent representative?

Tue, 09/13/2011 - 22:10 | 1666037 camaro68ss
camaro68ss's picture

Oooo head fake bitchez!!!

Tue, 09/13/2011 - 21:30 | 1665849 Debtless
Debtless's picture

Beware the bearded financial hacks.

Tue, 09/13/2011 - 22:07 | 1666022 X.inf.capt
X.inf.capt's picture

*NEWS ALERT*

MERKEL CALLS FOR 'CONTROLLED' GREEK DEFAULT

 

Wed, 09/14/2011 - 01:02 | 1666517 Al Gorerhythm
Al Gorerhythm's picture

She said that it was not in the best interests of the market to let the Greeks go into an uncontrolled default, as it would roil the markets that are already jittery about the debt situation.

So let me get this straight. The broader markets are reliant upon a known bankrupt nation with negative income, (in hock to the rest of them), to not defaulting on its obligations to pay back their loans. The creditors, in trying to stop the inevitable, offers the bankrupted Greeks more money in order to stop the default.

This ain't about solvent or insolvent sovereigns, this is more profound. This is most assuredly about the fundamental promise of payment, inherent in all good faith redemptionless paper promises to pay, being broken. Once one debtor fails to pay, in this overleversaged Ponzi that risks all saved capital, the faith once broken, and the wound open for all to see, will transform this psychology to one of panic.

I panicked first (long ago) and managed to get the fuck outta this intact, ahead of the herd.

Get ze silver, get ze gold, get ze beer.

Tue, 09/13/2011 - 21:34 | 1665851 treemagnet
treemagnet's picture

First SheepDogOne loses his faith, then Krugman pulls his head clean out of his ass.......I need a drink, too much for a Tuesday (?), I'm just a man.

Tue, 09/13/2011 - 21:40 | 1665883 NumNutt
NumNutt's picture

Next thing you know TPTB will be telling everyone to start buying gold. That would be when you know we are in deep shit.

Tue, 09/13/2011 - 22:12 | 1666050 evolvedmonkey
evolvedmonkey's picture

No, that is when we STOP buying gold and start selling.

Tue, 09/13/2011 - 22:30 | 1666101 X.inf.capt
X.inf.capt's picture

I not selling my pre65 dimes, i dont give a DAMN what anybody says....

Tue, 09/13/2011 - 21:34 | 1665868 Caviar Emptor
Caviar Emptor's picture

Social Security? How bout the whole US economy? How bout the entire debt-structure of the Western World? 

Tue, 09/13/2011 - 22:33 | 1666106 Helix6
Helix6's picture

Yup.

Tue, 09/13/2011 - 21:34 | 1665869 bugs_
bugs_'s picture

KREEEEEEWG MAN!  he was high and was compulsively honest  - it was 1997

 

Tue, 09/13/2011 - 21:36 | 1665871 moonstears
moonstears's picture

I think it's the beard, that's why they listen to him. Point taken, I'm growing a goat. Knew I was on the right track when the wife started "hating" on it! P.S. Who's the last actual, factual Nobel winner with worth who gave some value to the world, in any catagory? MLK, maybe?

Tue, 09/13/2011 - 22:16 | 1666053 disabledvet
disabledvet's picture

MLK would be about right for "social sciences"...and all else vis a vis "the humanities." Or is it just humanity period? Anywho physical sciences--well, just look at your i-phone, or your e-trade account. No stopping the revolution of Quantum mechanics.

Tue, 09/13/2011 - 22:24 | 1666077 knukles
knukles's picture

Obama?

Tue, 09/13/2011 - 22:34 | 1666108 Rodent Freikorps
Rodent Freikorps's picture

Seems you have to be a transnational progressive lapdog to get one these days.

Wonder why?

Tue, 09/13/2011 - 22:55 | 1666173 weinerdog43
weinerdog43's picture

As opposed to a transgender gobbling fascist fuckwad?

Tue, 09/13/2011 - 23:17 | 1666241 Rodent Freikorps
Rodent Freikorps's picture

I always treasure your well reasoned and articulate responses.

 

Tue, 09/13/2011 - 23:36 | 1666290 weinerdog43
weinerdog43's picture

And I'll always treasure your mom enjoying the kibbles on the floor.  She's so funny!

Wed, 09/14/2011 - 00:45 | 1666469 The_Jew_Bear
The_Jew_Bear's picture

I always tresure your krout dissembling.

 

Let's go again, Krout. This time with nukes.

Wed, 09/14/2011 - 00:56 | 1666505 Rodent Freikorps
Rodent Freikorps's picture

It would help you seem less moronic if you spelled kraut correctly.

Wed, 09/14/2011 - 01:04 | 1666523 BigDuke6
BigDuke6's picture

LOL

Wed, 09/14/2011 - 01:22 | 1666571 The_Jew_Bear
The_Jew_Bear's picture

Wow, it would be great if there was a point to you your existance other than sucking Nazi cock.

"bigDuke"

Wed, 09/14/2011 - 02:37 | 1666771 Hephasteus
Hephasteus's picture

I see what you're up to. Trying to cash in that 500 dollar per nuke jew fine.

http://artoftrolling.memebase.com/2011/09/12/law-troll-in-that-case-arm-...

Wed, 09/14/2011 - 01:21 | 1666563 The_Jew_Bear
The_Jew_Bear's picture

It would help you seem less moronic if you had a point other than bile.

Also, It would help if you realized that languages are translated phonetically: either is correct in English, you perfectly stupid Nazi moron.

Look it up.

 

Wed, 09/14/2011 - 01:39 | 1666608 Rodent Freikorps
Rodent Freikorps's picture

Um....no.

But nice try on the blustering lie.

Gotta give you a point for chutzpah.

Tue, 09/13/2011 - 22:46 | 1666143 fxrxexexdxoxmx
fxrxexexdxoxmx's picture

The last Nobel prize winner who has violent kinetic value to unarmed women and children: B. Hussein Obama, peace is as peace does Ear Leader, his biological father, Frank Marshall Davis would have been proud.

Wed, 09/14/2011 - 01:38 | 1666619 CrockettAlmanac.com
CrockettAlmanac.com's picture

Who's the last actual, factual Nobel winner with worth who gave some value to the world,

 

Hayek.

Tue, 09/13/2011 - 21:36 | 1665872 vegas
vegas's picture

Liberal Theology 101: Pay no attention to what I said yesterday, as that was intended for rubes who need my elite take on things.

Tue, 09/13/2011 - 21:55 | 1665915 LetThemEatRand
LetThemEatRand's picture

Conservative Theology 101:  oh, never mind.    Krugman is an asshole and so is Perry and so is every current candidate competing with Perry.  Paul is great for his desire to end the Fed and dismantle the MIC, but he would let children starve in the street in the name of freedom (no, churches won't step up, get over it). I wish more than 5% of the population could overcome the left/right paradigm.  

Tue, 09/13/2011 - 22:12 | 1666051 Sophist Economicus
Sophist Economicus's picture

LetThemEat Rand Theology:  Whatever you say, I'm against it.

Do NOT follow this link or you will be banned from the site!