Paul Krugman economist and uber cock.

First up a hat tip to tVOR for this one on the Global Whineing debate. As I was having a read, the name Paul Krugman popped up.

Hello thought I, that name rings a bell. Upon checking I found that Mr Krugman had been fawning all over our dire leader over his pissing away of billions on inept bankers.

As I said before:

Nobel-prize-winning economist? Well some chap with a beard called Paul Krugman has been a fawning over Mr Brown spunking away some 500 billion of our pounds, to help a bunch of bankers whos lack of foresight, lack of putting reserves away, lending billions to people/companies who could not pay it back led to them going to the wall and running cap in hand for a bail out.

Well Krugman has now turned his razor sharp economic mind to eco matters, a mind that fails to grasp lending money to folk without a brass farthing to their name might cause economic woes down the line.

The Nobel laureate in economics Paul Krugman goes further. After the narrow passage of the Waxman-Markey climate-change bill in the United States House of Representatives, Krugman said that there was no justification for a vote against it. He called virtually all of the members who voted against it, “climate deniers” who were committing “treason against the planet.”

Gosh are they, quite how does one commit treason against the planet then? Hold a differing view than Krugman and his eco Nazi ilk?

Krugman said that the “irresponsibility and immorality” of the representatives’ democratic viewpoints were “unforgivable” and a “betrayal.” He thus accused almost half of the democratically elected members of the House, from both parties, of treason for holding the views that they do...

Blah, blah blah. Still this is a fool who stated that "the current financial crisis proves that the free market just doesn't work."

Well no, what does not work is a government encouraging a debt boom, fueled on a myth of ever increasing house prices and ignoring warning on dubious trading by the banks. A government that shoved billions onto PFI, buryed its one eyed head in the sand over the national debt, whilst spending borrowed money to keep a bloated public sector afloat.

I shall treat Krugmans thoughts on matters eco as I treat his thoughts on matters fiscal, with utter contempt.

I shall stick with the phrase "Be not a lender nor a borrower be", I may not be rich by any measure of the world but I have a roof over my head, food in the kitchen and no negative equity or shares that yesterday were £10 and today are worth 2s, an old 'two bob bit' in proper olde money.

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