The Idiot Jew Krugman Apologizes for Jew Scam-Economics

Started by CrackSmokeRepublican, June 18, 2009, 12:53:48 AM

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CrackSmokeRepublican

June 18, 2009, 12:53:48 AM
June 17, 2009, 9:00 am
And I was on the grassy knoll, too

One of the funny aspects of being a somewhat, um, forceful writer is that I'm regularly accused of all sorts of villainy. I was personally responsible for the demise of Enron; my nonexistent son worked for Hillary; etc.. The latest seems to be that I called for the creation of a housing bubble — in fact, the bubble is my fault! The claim seems to be based on this piece.

Guys, read it again. It wasn't a piece of policy advocacy, it was just economic analysis. What I said was that the only way the Fed could get traction would be if it could inflate a housing bubble. And that's just what happened.

http://krugman.blogs.nytimes.com/2009/0 ... knoll-too/
After the Revolution of 1905, the Czar had prudently prepared for further outbreaks by transferring some $400 million in cash to the New York banks, Chase, National City, Guaranty Trust, J.P.Morgan Co., and Hanover Trust. In 1914, these same banks bought the controlling number of shares in the newly organized Federal Reserve Bank of New York, paying for the stock with the Czar\'s sequestered funds. In November 1917,  Red Guards drove a truck to the Imperial Bank and removed the Romanoff gold and jewels. The gold was later shipped directly to Kuhn, Loeb Co. in New York.-- Curse of Canaan
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