For 8 long years he fought the good fight against Bush-Cheney-DeLay-Armey-Ken Lay Republican, Right-Wing reactionary economics (aka "neo-FEUDALISM, imposed poverty, wage-slavery, and debt-servitude/ serfdom for the peons")
...but as soon as the New York Jewish, so-called "Democratic" Neo-Conservatives had shown their hand with the wholesale co-opting of Barack Obama's (Rahm Emanuel, Lawrence Summers, Robert Rubin, David Axelrod dominated) presidency, Krugman has gone as weak and useless as a fish out of water.
(Indeed, Krugman even - if grudgingly - come out in SUPPORT of the RE-APPOINTMENT of U.S. economy-killing Fed Chairman Ben Bernanke for Obama's pick, for Fed Chairman renomination this year - DESPITE Bernanke's record of, well, WRECKING the entire U.S. economy! Something to do with both Krugman and Bernanke being Jewish academics at the Princeton economics department, or something... maybe the fact that it was Bernanke who recommended Krugman for the (despicable, CIA/Mossad front) New York Times' coveted economics editorial slot in the first place?)
Today, a rare exception, a fighting editorial, even if it is in Mr. Krugman's usual, understated, "musn't dare upset my establishment masters" academic tone, Krugman takes on the TREASONOUS American WEALTHY.
You know, the people - the hyper-wealthy parasites and their bankers - who PRETEND that THEIR "profits" from the RIGGED Federal Reserve banking cabal
(using ZERO interest Fed "money" to purchase "government securities" - which the government MUST PAY INTEREST on.
Why doesn't the government just CUT OUT the god-damned parasitic middle-men?)
(i.e. ALL THAT DEBT! that THEY earn "interest" on) -
don't come at American TAXPAYER expense - all the while the rich bitching, moaning, and griping about those dastardly government tax-and-spend types, even as THEY RIG the economy for PERPETUAL DEBT SERVITUDE, the flip-side of which is THEIR taxpayer extorted "interest payments" 'profits' !!!!!!
(sigh) Well, Krugman says it better than we can - we just start foaming at the mouth at the abjectly treasonous, despicable rich, and their JIHAD war against "We" the American people...
(who, we will concede - the American public - would in so many cases join the treasonous, hyper-wealthy rich in loan-sharking & extorting their former fellow plebians in a New York minute, if they had the chance...)
(italic/bold our emphasis)
The Angry Rich"Some Democrats" would of course include OBAMA's OWN treacherous, if not treasonous, economy killing Neo-Con cabal - Robert Rubin's "Of, by, and for Goddamn-Sachs" minions, including MULTI-MILLIONAIRES Rahm Emanuel, Lawrence Summers, Gary Gensler, and Timmy Geithner.
by Paul Krugman, NY Times Op-Ed columnist (Economics)
September 19, 2010http://www.nytimes.com/2010/09/20/opinion/20krugman.html
Anger is sweeping America. True, this white-hot rage is a minority phenomenon, not something that characterizes most of our fellow citizens. But the angry minority is angry indeed, consisting of people who feel that things to which they are entitled are being taken away. And they’re out for revenge.
No, I’m not talking about the Tea Partiers.
I’m talking about the rich. These are terrible times for many people in this country. Poverty, especially acute poverty, has soared in the economic slump; millions of people have lost their homes. Young people can’t find jobs; laid-off 50-somethings fear that they’ll never work again.
Yet if you want to find real political rage — the kind of rage that makes people compare President Obama to Hitler, or accuse him of treason — you won’t find it among these suffering Americans. You’ll find it instead among the very privileged, people who don’t have to worry about losing their jobs, their homes, or their health insurance, but who are outraged, outraged, at the thought of paying modestly higher taxes. ....Tax-cut advocates used to pretend that they were mainly concerned about helping typical American families. Even tax breaks for the rich were justified in terms of trickle-down economics, the claim that lower taxes at the top would make the economy stronger for everyone.
These days, however, tax-cutters are hardly even trying to make the trickle-down case. Yes, Republicans are pushing the line that raising taxes at the top would hurt small businesses, but their hearts don’t really seem in it. Instead, it has become common to hear vehement denials that people making $400,000 or $500,000 a year are rich. I mean, look at the expenses of people in that income class — the property taxes they have to pay on their expensive houses, the cost of sending their kids to elite private schools, and so on. Why, they can barely make ends meet.
And among the undeniably rich, a belligerent sense of entitlement has taken hold: it’s their money, and they have the right to keep it. “Taxes are what we pay for civilized society,” said Oliver Wendell Holmes — but that was a long time ago.
The spectacle of high-income Americans, the world’s luckiest people, wallowing in self-pity and self-righteousness would be funny, except for one thing: they may well get their way.
Never mind the $700 billion price tag for extending the high-end tax breaks: virtually all Republicans and some Democrats are rushing to the aid of the oppressed affluent.... (cont'd)
[update: Eric Janszen seconds our analysis that Obama's Neo-Con "economics" team have a fundamentally TREASONOUS agenda, in his latest commentary,THERE's A REASON that the DEMOCRATS ARE NOT fighting back against the TREASONOUS ENTITLIMENT of the "tax cuts for wealthy IN TIME OF WAR" Rethuglicans & Neo-Cons (Neo-Con & Blue-Dog "Democrats") robber barons and financial swindlers.... Obama is OWNED by the "Goddamn-Sachs uber alles" Neo-Con economy swindlers, and spends his every waking moment, kissing their asses!
"The Committee to DESTROY the USA"
and Les Leopold seconds Krugman's & Karlin's analysis of the whiny, despicable, treasonous rich, "Poverty Rises as Wall Street Billionaires Whine"]
bonus: Mark Karlin, editor of Buzzflash.com, singles out one of those insanely entitled NY multi-zillionaire entitled rich...
wasn't it just a few decades ago, that New York's (wealthy or otherwise) Jews were APPRECIATIVE of Uncle Sam, for ending the Nazi reign of terror in Europe?
As Mr. Karlin points out, today so-called "King of Wall Street" Stephen Schwarzman has nothing but contempt for America's goverrnment... much less for the disposable peons for whom it once stood.
Like Paul Krugman, Mr. Karlin is a tad reticent when it comes to JUST WHO IT IS that is generating all this TREASONOUS hate and contempt for the American government (and peons who populate the nation)... even as THEY __USE__ the U.S. government to generate their billions of dollars of financial larceny & "bailouts" loot - the TREASONOUS, DESPICABLE, ENTITLED, ECONOMY-KILLING Neo-Con NY, DC, City-of-London, and Tel Aviv Neo-Cons and their army of WASP (Murdoch, Limbaugh, Cheney, Bush, DeLay, Boehner, McConnell, etc.) and Scalia/Alito Catholic toady enablers.
The King of Wall Street, Stephen Schwarzman, Compares Taxes on Financial Firms to Hitler's Invasion of PolandTo which we might add, Mr. Schwarzman, Robert Rubin, Rahm Emanuel, Larry Summers, Paul Wolfowitz, Arthur Sulzberger, and whole legions of American entitled millionaire Neo-Cons may be arrogantly counting their millions, and applauding their own greatness and self-worth... but every day, they are working overtime to make an honest man of Hitler's Nazi "anti-semitic" stereotypes, of a brutal and brutish Jewish overlord class who treat their fellow countryment as despised, disposable serfs, even as THEY USE the U.S. government to EXTORT and ROB their fellow Americans.
by Mark Karlin, Buzflash.com Editor's blog,
The New York Times not so long ago dubbed him the King of Wall Street and he reportedly has a net worth well over 5 billion dollars, but that didn't stop Stephen Schwarzman, founder of the Blackstone Group, from whining about financial "threats" faced by billionaires.
As the UK Telegraph reports, Schwarzman "last month likened the president's plans to levy taxes on the private equity industry as being akin to Adolf Hitler's invasion of Poland."
....One might have expected Schwarzman, once the token Jewish member of Skulls & Bones during his senior year at Yale (which I attended a bit after him), to have known better. I recently read the quote to one of Schwarzman's friends from his Yale days, who responded that he had not spoken to Steve for many years, but it looks like "Steve has gotten to the point in his life where the tragedy of the Holocaust was not the death of so many Jewish men, women and children, but rather the theft of their art collections, personal possessions and gold fillings."
I was in synagogue on Kol Nidre, the holiest night in the Jewish calendar, atoning for -- among other things -- according to the prayer book, not being open to the plight of the poor and hungry among us. I don't know if Mr. Schwarzman was at services, but if he was, he must have thought, in his mind, that the poor and the hungry were "Billionaires Without Big Whopper Tax Cuts."
There is a Jewish tradition of "tikkun olam," the healing of the world. It's clear that avarice, greed and Mr. Schwarzman [and the ENTIRE CABALE of despicable "American" Neo-Cons] are not part of that tradition.