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Politics : Mainstream Politics and Economics -- Ignore unavailable to you. Want to Upgrade?

To: koan who wrote (19364)	7/10/2012 9:15:48 AM
From: sm1th	2 Recommendations Read Replies (1) \| Respond to of 85487

They get so tried they can't hardley think. All of them, right and left. Constant traveling and intereacting with people takes its toll. Are you really saying that campaigning is harder than being president?

To: koan who wrote (19364)	7/10/2012 11:09:16 AM
From: longnshort	4 Recommendations Respond to of 85487

koan your hero Krugman got his ass handed to him. someone post this to Koan. The Ultimate Krugman Take-Down Submitted by Tyler Durden on 07/09/2012 - 21:18 Krugman Forget Ali - Frazier; ignore Santelli - Liesman; dismiss Yankees - Red Sox; never mind Silva - Sonnen; the new undisputed standard by which all showdowns will be judged happened in Spain over the weekend. During a debate on Europe's crisis, Pedro Schwartz ( a mild-mannered Spanish 'Austrian' economics professor) took on the heavyweight Paul'I coulda been a Fed Chair contender' Krugman, and - in our humble opinion - wiped the floor with his Keynesian philosophy. From the medicinal use of more debt to fix too much debt, to the Japanization of world economies and the demand-side bias of every- and any-thing - interested only in the short-term economic growth; the gentlemanly Spaniard notes, with regard to the European crisis, the fact that "Keynesians got us into this mess and now we have to sacrifice our principals so that they* can get us out of this mess". Humble and generous in his praise - though definitively serious with his criticism - Schwartz opines: "Often Nobel prize winners are tempted to pontificate on matters that are outside the specialty in which they have excelled,"* noting "the mantle of authority whereby what ever they say - whether sensible or not - is accepted with resignation from some and enthusiasm by others." Krugman's red-faced anger is evident at the conclusion as he even refused to shake Schwartz's hand after the debate. Absolute must watch!