Tuesday, May 31, 2011

Krugman on Greenspan – Bubble-debt Denialism

May 30 ECRI's Weekly Leading Index Falls to 4 Month Low

May 26 Sharp Rebound in Gold / Silver Price Ratio After a 30-year Low

May 2 
New 4.60% Tax Deferred Rate for Low Risk I Bonds
-------- Original Message --------
Subject: Resent With Format Change -- Re: Krooksman on Greenscam – FWC: Bubble-debt Denialism
Date: Tue, 31 May 2011 10:46:31 -0700
From: Jas Jain

Re: Krooksman on Greenscam – FWC: Bubble-debt Denialism

"People would rather be duped than think for themselves."

Apart from thinking about sex and making and spending money overwhelming majority of Americans don't like to engage in the boring and hard work of thinking. Remember, born-and-bred American dopes are addicted to entertainment and they represent a gold mine for propagandists. That is why entertainer Limbaugh, a certifiable ignoramus, or a liar, on the subject of tax policies and what causes economic growth, and eCONmeister Krooksman have a large following.
Dopes don't have time to think for themselves and they let panderers an easy access to their heads. The #1 problem in America is born-and-bred and addicted to entertainment dopes. So, how come no one is talking about it? There is no money in it! And there is lot of money in deception, entertainment and pandering.
Doping is the best and the easiest way to make money in America! Fruits of the Money Culture.
Jas
-x-x-x-x-x-x-x-x-x-x-x-
Date: Tue, 31 May 2011 10:11:43 -0700
Subject: Re: Krooksman on Greenscam – FWC: Bubble-debt Denialism
To: jas_jain
Jas,

The referenced article from Krugman is unbelievable.  For decades, mainstream eCONomists including Krugman all but ignored debt - big mistake.  But that won't stop Krugman et al from focusing on debt levels now and acting as if they understood what was going on all along.

In addition to being propagandists for financial looting, Krugman and the entire mainstream eCONomics profession are shameless revisionists.  But the mainstream media won't ever point this inCONvenient truth out.  Not a chance. Heck, the MSM keeps turning to the same eCONomic propagandists (Zandi, Krugman, Hatzius, Swonk, etc.) that missed the $8 trillion housing bubble.  

The amazing thing is that the public at large never learns!  People would rather be duped than think for themselves.  

__unknown author

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