There's a new video out that is funded by the Rockefeller Foundation and features among others, Paul Krugman and Robert Reich. The video essentially does nothing but claim the rich are bad and take advantage of the poor. There is no distinction between rich who become rich by creative entrepreneurship and rich who become rich by scheming with government. It's all rich are bad. There is no mention of the Federal Reserve and its mad money manipulations which cause the business cycle. There is no mention of the ever growing government regulations which protect current large businesses against upstart aggressive competitors.
In other words, the clip is totally loony propaganda based feeding envy to the OWS.
BTW, the Robin Wells in the film is Krugman's wife. She edits all his work and she tends to be even less logical and more of a free market hater than Krugman. One wonders if some of his more absurd rants come about because he wants to keep peace in the bedroom with the missus.
I assume Kruggy Poo will volunteer himself to OWS for the first "evil rich guy" lynching then, right?
ReplyDeleteReminds me of when Peter Schiff went to Occupy. http://www.youtube.com/watch?v=ahMGoB01qiA
ReplyDeleteWhat is really sad is that these loons are teaching our children. How much damage have they already done to society with their politically driven brand of economics? Reich to me is far more reckless than Krugman. Reich is so sloppy in his research and writing that most undergrads could destroy his arguments.
ReplyDeleteA truly cringe inducing video. How much ignorance can you fit into a five and a half minute clip? Apparently, A LOT.
ReplyDeleteIt is unlikely that Krugman and Reich will tell people exactly how THEY got rich.
ReplyDeleteAnd how much money do these asshats make for propagating their asshattery about how other millionaire asshats in government need more money and power to supposedly counteract the baleful influence of "the rich"?
ReplyDeleteAsshats.