Monday, May 24, 2010

Being Paul Krugman

As usual, Paul Krugman writes another thoughtful piece in the New York Times about our real enemies. Yes, the Tea Party folks are a loud boisterous largely racist bunch inclined to go against their own interests. But we have always known that they are a front for the likes of Freedomworks powered by big corporations. Who are our real enemies? They are as Franklin Roosevelt said, "the old enemies of peace -- business and financial monopoly, speculation, reckless banking, class antagonism, sectionalism, war profiteering." Krugman asserts that these are those whom President Obama is fighting against; they are indeed the enemy of our representative democracy--not the loud boisterous Tea Party bunch, necessarily.

4 comments:

zorro said...

I always feel better when I read something by Krugman, because most of the time, he gets it right and that is very unusual these days with opinion pieces.

Judith Ellis said...

I completely agree, Zorro. I actually thought of you when I read this article. Where I have been quite harsh on President Obama with the selection of Geithner and Sumners, you were employing me to wait and see. Krugman and Taleb were also quite critical. But I think President Obama may be smarter than everyone. I think he has kept his friends close, and his enemies even closer. He understands the system. What we have here with regards to campaign financing is the current system. Both parties take huge contributions from big business, the Right and Left with the Right leading with larger contributions from oil and gas companies, PACs and securities and investment firms. It is the current system but it must change or we will not have a representative democracy at all. The recent Supreme Court decision personalizing big business only furthers make it so that people's voice will not be heard.

zorro said...

I voted for Obama because I trusted him. I still do. I know he is smarter than I am. (I can't say I felt Bush was smarter than I am) Many of the attacks on his choices in Treasury made a lot of sense, but I chose Obama because I wanted someone I could respect as a leader. I have faith in the guy.
Americans need to re-learn how to be led. I hope Obama gets a second term, because he might be the person who can get us to have some trust in government again. We must become a people again. We are not just a bunch of free agents.

Judith Ellis said...

Beautiful comment, Zorro. Thank you.