Wednesday, December 3, 2008

Its Good to see the Nobel Prize is now awarded to No Talent Assclowns

Paul Krugman is a Keynesian. It will be Keynesian economics that do away with capitalism and create serfdom with a ruling government elite. It will be just like the USSR before you know it.

Check out how Cramer and joe Scarborough can't keep a straight face when they hear the news that Assclown Krugman wins the Nobel Prize.

Nobody understands what the free market means any more. Central bank, economic inflationary centrally planned Keynesianism has infected the minds of the so called "economic" experts.

All you hear from them is how we need to "stimulate" the economy more, save the auto-makers, how we need to encourage lending, how we need to "kickstart" the economy.

All of these "economic experts" that were calling the "Goldilocks economy" and the "new paradigm" of Ponzi finance.

The average moron on the street has no understanding of free markets and how free market capitalism made America the wealthiest nation on the planet.

No these clowns will blame the free market when it was government intervention that caused the credit crisis, meltdown and housing bubble.

The "experts" and main street morons will beg and plead for the same criminals that caused the problem to save them. Such leaders and experts like Bernanke, Paulson and now Obama and Volker.

The consensus today is that the government can and has an obligation to stimulate and save the economy. It is the economics of the free lunch or the perpetual motion machine.

There is one excellent, concise and timeless classic that should be required reading by every individual:

Economics in One Lesson by Henry Hazlitt

Of course, nobody reads any more but if they did these CNBC, Federal Reserve, Nobel prize winning assclowns would be a laughing stock.

No comments:

View My Stats