Krugman

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- American Paul Krugman wins Nobel
  Posted by Jeff from MSNBC
  Congrats to Krugman - but the Nobel committee is strangely pro-globalization: Paul Krugman, the Princeton University scholar and New York Times columnist, won the Nobel prize in economics Monday for his analysis of how economies of scale can affect trade patterns and the location of economic activity. "Krugman is not only a scientist but also an opinion maker," economics prize committee member Tore Ellingsen said. He added that Krugman's analyses tend to back free trade and his research gives no "support for protectionism."
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- Krugman - Moment of Truth
  Posted by Jeff from New York Times
  What he should have proposed instead, many economists agree, was direct injection of capital into financial firms: The U.S. government would provide financial institutions with the capital they need to do business, thereby halting the downward spiral, in return for partial ownership. When Congress modified the Paulson plan, it introduced provisions that made such a capital injection possible, but not mandatory. And until two days ago, Mr. Paulson remained resolutely opposed to doing the right thing.
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- Krugman on Financial Russian Roulette
  Posted by Jeff from New York Times
  Will the U.S. financial system collapse today, or maybe over the next few days? I don't think so - but I'm nowhere near certain. You see, Lehman Brothers, a major investment bank, is apparently about to go under. And nobody knows what will happen next.
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- House overrides veto of Medicare bill
  Posted by Jeff from Politico
  Only forty-one Republicans stuck with the president seeking to uphold the veto. Also, Krugman sees this as a promising beginning to universal care.
  
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- Q&A: Paul Krugman on the Benefits of Bush Bashing
  Posted by Jeff from Newsweek
  Today, Krugman, who has been extremely grumpy for much of this decade, is guardedly optimistic that the shifting poll numbers and sour national mood could translate into a Democratic resurgence. The issue to watch? Health care.
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- Krugman: Bush led us to war with 'unseemly eagerness'
  Posted by Jeff from Rawstory
  Here's the way it ought to be: When Rudy Giuliani says that Iran, which had nothing to do with Sept. 11, is part of a "movement" that "has already displayed more aggressive tendencies by coming here and killing us," he should be treated as a lunatic. But he isn't...
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- Krugman: Children Versus Insurers
  Posted by Jeff from New York Times
  Must read: Paul Krugman lays it out there crispy and cleanly. The moral President would choose to insure children, but this President wants to enrich insurance companies. The moral choice would be to cut the Medicare subsidies to health care companies and use the funds to pay for health care for children. That's what the Dems want. Who are you going to support?
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mudra12 comments on:
Krugman - Moment of Truth

Derivatives or Civilization, Take Your Pick
......Derivatives were the great financial innovation of the Greenspan era, in which casino-style bets on the price movements of currencies, bonds and stocks replaced the ownership of those items as a way to make money.
Today, the collapse of the derivatives market is crushing the international financial system, as the speculators fight to save the fictitious "profits" through the largest bailout attempt in history. We stress attempt, because the bailout is not working, and can not work—there isn’t enough money in the world to cover all these funny-money bets, and the efforts by the central banks to print that money, is fuelling a hyperinflationary bomb which will wipe out not only the remnants of financial system, but also the governments, national economies and the means of existence for most of the world’s population.
Derivatives or Civilization, Take Your Pick
http://www.larouchepac.com/news/2008/10/09/derivatives-or-civilization-take-your-pick.html

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11:46 am 10/10/08

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Jeff
Member since Dec 2008
Jeff is the founder of NewsCloud. He is also a freelance writer and blogs at Idealog.
Seattle

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Krugman

mudra12 comments on: