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Author Topic: Supercommittee Doomed to Failure and Krugman is Excited  (Read 4649 times)

Offline Conley

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Supercommittee Doomed to Failure and Krugman is Excited
« on: November 18, 2011, 09:43:47 AM »
Itís a bird! Itís a plane! Itís a complete turkey! Itís the supercommittee!

By next Wednesday, the so-called supercommittee, a bipartisan group of legislators, is supposed to reach an agreement on how to reduce future deficits. Barring an evil miracle ó Iíll explain the evil part later ó the committee will fail to meet that deadline.

If this news surprises you, you havenít been paying attention. If it depresses you, cheer up: In this case, failure is good.

http://www.nytimes.com/2011/11/18/opinion/krugman-failure-is-good.html

This one is pretty myopic, even by Krugman standards. Ugh.
Every gun that is made, every warship launched, every rocket fired signifies, in the final sense, a theft from those who hunger and are not fed, those who are cold and are not clothed. -Eisenhower

Offline MMC

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Re: Supercommittee Doomed to Failure and Krugman is Excited
« Reply #1 on: November 18, 2011, 09:46:17 AM »
All this hype and then at the very last minute they will strike a deal thats lets all keep their hands in the cookie jar.  >:(
"To destroy this invisible government, To dissolve this UNHOLY ALLIANCE between Corrupt Buisness and Corrupt Politics is the First task of the Statesmanship of the DAY" ~Theodore Roosevelt~ Steward of The People!

Offline Conley

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Re: Supercommittee Doomed to Failure and Krugman is Excited
« Reply #2 on: November 18, 2011, 09:51:45 AM »
Oh yeah, they will make sure they get theirs. That was always a given. :(

However another showdown with the debt ceiling won't be good for anyone except for bond holders who are going to see the Treasury have to raise rates. At least they are still better than other government bonds, but it is going to add to our already massive debt and for no good reason.
Every gun that is made, every warship launched, every rocket fired signifies, in the final sense, a theft from those who hunger and are not fed, those who are cold and are not clothed. -Eisenhower

Offline Mister D

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Re: Supercommittee Doomed to Failure and Krugman is Excited
« Reply #3 on: November 18, 2011, 11:21:28 AM »
Watching Krugman shake uncontrollably under O'Reilly's gaze was unforgettable. I can't see the guy's face without thinking of that interview.
"Pushing people forward simply because of their colour, irrespective of merit, would be most unfortunate and would of course lead to disaster. It would mean that Rhodesia would then develop into a kind of banana republic where the country would in no time be bankrupt."


~Ian Smith

Offline Conley

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Re: Supercommittee Doomed to Failure and Krugman is Excited
« Reply #4 on: November 18, 2011, 11:35:48 AM »
:D I'll have to look for a video clip of that.
Every gun that is made, every warship launched, every rocket fired signifies, in the final sense, a theft from those who hunger and are not fed, those who are cold and are not clothed. -Eisenhower

Offline Mister D

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Re: Supercommittee Doomed to Failure and Krugman is Excited
« Reply #5 on: November 18, 2011, 12:07:38 PM »
:D I'll have to look for a video clip of that.


Clip of Tim Russert - Paul Krugman vs O'reilly


Watch his hands and face.
"Pushing people forward simply because of their colour, irrespective of merit, would be most unfortunate and would of course lead to disaster. It would mean that Rhodesia would then develop into a kind of banana republic where the country would in no time be bankrupt."


~Ian Smith

Offline Mister D

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Re: Supercommittee Doomed to Failure and Krugman is Excited
« Reply #6 on: November 18, 2011, 12:08:47 PM »
He squirms in his chair.  :D
"Pushing people forward simply because of their colour, irrespective of merit, would be most unfortunate and would of course lead to disaster. It would mean that Rhodesia would then develop into a kind of banana republic where the country would in no time be bankrupt."


~Ian Smith

Offline jgreer

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Re: Supercommittee Doomed to Failure and Krugman is Excited
« Reply #7 on: November 18, 2011, 12:16:37 PM »
You would squirm too if someone was yelling at you and shouting lies
Vote Democrat Like Your Life Depends On It - It Does!!

Offline Mister D

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Re: Supercommittee Doomed to Failure and Krugman is Excited
« Reply #8 on: November 18, 2011, 12:25:48 PM »
You would squirm too if someone was yelling at you and shouting lies

No, I wouldn't.  :D
"Pushing people forward simply because of their colour, irrespective of merit, would be most unfortunate and would of course lead to disaster. It would mean that Rhodesia would then develop into a kind of banana republic where the country would in no time be bankrupt."


~Ian Smith

Offline jgreer

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Re: Supercommittee Doomed to Failure and Krugman is Excited
« Reply #9 on: November 18, 2011, 12:29:02 PM »
I guess you are used to being caught in your lies then
Vote Democrat Like Your Life Depends On It - It Does!!

 


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