Same Old Paul Krugman

In his latest Op-Ed in the New York Times, liberal brainchild Paul Krugman yet again managed to confirm his pretend knowledge of the Tea Party and his nonsensical view of his political rival's objectives.

First off, Krugman displays that primal trait among the intellectual left today that somehow the Tea Party goers are too stupid to realize they're being used. First it was the insurance companies, then the Republican Party, then big conservative think tanks, and now Mr. Krugman has identified corporations has the latest puppet master. He cites the up tick of corporate money toward the GOP. Apparently he forgets that from the 2005-2008 the corporate money moved to the Democrat side. This is indicative of a power play to those who the corporates believe will be in a position to help them. So since mid 2009, the tide has been shifting to the right in anticipation of a GOP win in the fall. Is it any shock that big money will move that way as well?

Krugman cites the abundant hatred for the Obama Administration by Corporate America, as well. And why is this surprising? President Obama routinely demonizes them, even going so far as to hint at a point when "you've made enough money" and that "now is not that time" for profits. But it's those taxes that make them hate Obama, says Krugman. Not to fear though, because they'll only go up to Clinton era levels and why not, "they’ll still be doing extremely well". I guess Krugman forgets about that quadrupling of the federal deficit in the past 16 months and, that the "tax the rich" redistributionist crowd's deficit fervor may increase the taxes beyond those measly Clinton era rates. It's a slippery slope that scares the rich in America.

Krugman cites regulations as the next item of disdain. He uses that tired and false meme about no regulations leading to the recession when it was Fannie Mae and Freddie Mac that drove the lending markets into the ground. But never fear, Krugman has a plan to fix the last government failure, more government interference.

Now to the part about those dumb puppets in the Tea Party. Krugman argues that the right has a conspiratorial "formula" of how to win elections. "Play identity politics," he says. Wait a minute, it was the President himself who called upon specific ethnic groups to help him win in 2010. Aside from a few nut cases masquerading at Tea Parties, there have been no ethnic politics played on the right. But who is the evil mastermind behind this villainous plot, none other than classic hate magnet Karl Rove. Who Krugman apparently thinks should stop working, talking, traveling, etc. after public service.

In the end, Krugman relents that those buffoon Tea Partiers won't heckle at being used, in fact that evil libertarian Rand Paul didn't foam at the mouth over the BP oil spill. Krugman says "it’s a kind of populism that’s remarkably sympathetic to big corporations." Not really Mr. Krugman. This movement is about the freedom of every American, regardless of race, color, creed, religion, and income to pursue happiness.

But Krugman somehow believed that Obama, the most partisan member of the Senate, could "transcend" it once President. He needs to find his inner FDR and fight “the old enemies of peace — business and financial monopoly, speculation, reckless banking, class antagonism, sectionalism, war profiteering.” I hate to attack the liberal messiah but since 1936, we have laws of anti-trust, speculation is normal in a capitalist economy, the reckless banks were under duress from Fannie and Freddie, the class warfare is from the White House only, the sectionalism of income and ethnicity also comes from the Administration, and the war contracts ended the Great Depression when FDR's government expansion didn't.

Sorry Mr. Krugman, President Obama can learn from FDR to not waste a term on a failed government expansion and possibly try to create wealth in the most proven way in history, let people keep their own money. It worked under Kennedy, Reagan, Clinton, and Bush. The only thing stopping the President is ironically Krugman and his redistributionist allies who I believe Obama must transcend in order to have a shot at reelection. To do that would show true courage.