Paul Krugman Suggests Neel Kashkari Uses Swaptree To Fix Economy

The idea is, Neel Kashkari will try and swap our debt and crumbling economy  (at Swaptree) for the smaller debt of a 3rd world nation somewhere.
When Enron effed up, folks went to jail, even Ken Lay who was mostly just criminally negligent. Bear Stearns, Lehman Brothers, AIG, etc.? Heck, lets just given them baskets of tax payer money!
When Enron effed up, folks went to jail, even Ken Lay who was mostly just criminally negligent. Bear Stearns, Lehman Brothers, AIG, etc.? Heck, let’s just given them baskets of tax payer money!

No, not really, but it sounds about as smart as what they are planning, which is to buy banks, and bailout bad actors who would normally go to jail–seriously, where was the Enron bailout?

To remind you you, Neel Kashkari–sounds kind of like Cash-Carry, don’t it?–is the guy assigned to going around the country getting “Cash for your Title” and paycheck advance loans and hitting the pawn shops with old government surplus to get us out of the mess the Democratics got us into.

Paul Krugman is a widely respected economist who is about as wrong as any human being can be on the history and results of tax cuts, and spits on the Laffer curve (despite it’s consistenctaccuracy in predicting treasury revenues going up when tax rates fall).  Of course, he hates Bush and the Republicrats and conservatism and small businesses and free markets, so he just won the Nobel Prize for American Hating Economics.

Im Smart, Republicans Are Stupid, Bush is Retarded.
Kurgmanomics: I’m Smart, Republicans Are Stupid, Bush is Retarded.

Despite the fact I think Krugman is as stupid as everybody else thinks he’s brilliant, he’s been pretty good on the bailout. To the degree that he agrees with me that the whole thing is a horrible mess, he’s been fairly smart. No, I don’t got no economics degree, but it’s the folks with all the Nobel prizes for America Hating and fifty-letter doctorates in Fantasy Economics that got us into this mess in the first place.

BTW, I’m not the only one who thinks ole Kruggy is a disingenous moron. Krugman Truth Squad at NRO (I don’t think they are doing that any more, maybe they are) also covered quite a bit.

1 Response to “Paul Krugman Suggests Neel Kashkari Uses Swaptree To Fix Economy”


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