My Home About Me

Paul Krugman bitches and moans that his sorry butt isn't welcome among his betters whom he criticizes so scatchingly.

PAUL KRUGMAN: ...Greenspan has a lot of influence. Nobody really wants to cross him. I mean, it?s -- hey, you know, I?ve been blackballed from the Fed summer conference at Jackson Hole, which I used to be a regular at, ever since I criticized him.

AMY GOODMAN: What is that?

PAUL KRUGMAN: Oh, it?s a big --

Of course if he'd invented the Internet, they would have had to invite him (or give him the Nobel Prize). Thanks to Richard Ridgeway for the link.

Update... He can't take it, but he sure can dish it out. And he wonders why his own newspaper's review of his book called it a "shrill polemic":

...when I started researching Conscience of a Liberal, I had no idea race would play such a huge role in the story. But it just jumps out of the cold, hard data. Without the white backlash against civil rights, and especially the great southern switch to the GOP, none of the right-wing triumphs of the past 30 years would have happened.

And once you start to look at modern American political economy with that in mind, the picture you see is nothing like the happy legends. I spend a lot of time in COAL on the real Ronald Reagan; he wasn?t an avuncular old fellow who advocated true conservatism ? for most of his career, he was primarily a clever, insinuating race baiter, who found ways to appeal to racist sentiments ? welfare queens driving Cadillacs, etc.. ? without actually using the n-word.

Thanks to reader Bill Maron for the link.

options   oil   technicals   stock   investor   charts   Short selling opportunities   Technical chart patterns   support/resistance levels   ETFs (exchange traded funds)   Deron Wagner   Basic Materials sector   IRS denies trader tax status   trader tax status   mark to market accounting   Patience in the markets   Dow Monthly Performance   Dow Performance since 1900   Amateur Investors   Nasdaq Composite chart pattern