Krugman vs. Krugman

[alice wellintown]

Chutzpah, yes, Krug talks it but can't walk it, but there, sitting at
a table, not standing in front of the cameras, is Ben. Where is that
decling dollar and the inflation now? Unemployment, 1/3 of the mandate
is now the priority. Imagine that! So no wonder the Romneybots and
Conservatives want his head. But why must Krugman battle this man?
This man who coined te fiscal cliff and called on the cowards in
Washington to stand up for their nation is lifting us with his
policies. We will miss him and that lightbulb head Treasury Sec too.




Bernanke Critics Can’t Fight Bonds Showing No Inflation

 By Caroline Salas Gage - Dec 12, 2012 12:01 AM ET
http://www.bloomberg.com/news/2012-12-12/bernanke-critics-can-t-fight-bonds-showing-no-inflation.html


On Wed, Dec 12, 2012 at 6:12 AM, alice wellintown
<alicewellintown at gmail.com> wrote:
> In the Bots and Barons editorial Krug sunk to a new low as he put on
> the scarlet class war robe of normative economics, calling up Marx
> from his grave in the haunted yard of command economic tragedies,
> whilst his invisible hand, up there in the upper wings of the theater,
> parading a puppet show of robber barons and robots, fooled no one not
> taken in by shadows on the wall.
>
> Krugman the journalist, like TRP, author of Inherent Vice--a book for
> beach readers, is hawking his books to a public of financial
> illiterates and is now at risk of making himself a puppet in his own
> show. A mouthpiece that spews normative political economics and
> ignores the facts. The facts, as Ronald Ray-Gun said, as Mr.
> Gradgrind, a figure form the Dickens novel Krug suggests we all go
> live in,  instructed, are in the numbers revised and revisited...and
> so....
>
> as Ben Bernanke, who saw no inflation but the risk of deflation long
> before Krugman spouted out from his chair on cnbc with mad Ron Paul
> readying a gallows for the gentle academic of Princeton, the Chairman
> of the Fed, long before the idiot winds of congress and the wall
> street boyz with Smithian club ties turned their rhetoric and put it
> where the smart money has always been, in the bond market, long before
> the so-called bond vigilantes put their portfolios of leverage and
> derivatives back in their holsters, for a new sheriff of wall street,
> not a Spitzer with his boxers on his wing tips, a Brazilian call girl
> at his penis...no...only a soft spoken bearded Jewish man from the
> halls of that august institution that Wilson once called
> on...there....where Krugman sat, a young scholar under Ben, reading
> those famous letters to FDR...there he is, an American Hero. Just ask
> the European about Ben. How they would swap their German backed bonds
> for a backbone like the one that hold tha gentle scholar, whose voice
> cracks and whose hands shake when the powerful congress members spit
> blood in his face, but he does not back down....
>
>  Itz book selling and envy that has set Krugman against Krugman. He
> makes a fine show, but Ben has the intestina fortitude, the
> Grace...what Jews call, well....Balls.
>
>
> http://en.wikipedia.org/wiki/Normative_economics