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All the President's Zombies

by Paul Krugman Thursday, Aug. 27, 2009 at 6:52 PM
mbatko@lycos.com

Reagan adorartion may reflect the authoritarian personality, the work religion or the religion of order. Gsoebbels recorded every piece of bread and whether the train was on time.

to read Paul Krugman's important article published in The New York Times, AQug 23, 2009, click on

http://www.nytimes.com/2009/08/24/opinion/24krugman.html?pagewanted=print

Joy comes in the morning..when the Reagan zombie, shareholder value over public interest,, vanishes!

Thank You!

by Marcelino Thursday, Aug. 27, 2009 at 8:16 PM

"There’s a lot to be said about the financial disaster of the last two years, but the short version is simple: politicians in the thrall of Reaganite ideology dismantled the New Deal regulations that had prevented banking crises for half a century, believing that financial markets could take care of themselves. The effect was to make the financial system vulnerable to a 1930s-style crisis — and the crisis came."

P. Krugman in the article cited

heh

by Lord Locksley Thursday, Aug. 27, 2009 at 9:11 PM
armigerous@earthlink.net

That would be the same Paul Krugman who was a top financial adviser to Enron before he landed at the NYT....and everybody knows what a stellar job he did for them.


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