Showing posts with label Krugman. Show all posts
Showing posts with label Krugman. Show all posts

Friday, February 02, 2007

Paul Krugman: Missing Molly Ivins


Published: February 2, 2007
The New York Times

Molly Ivins, the Texas columnist, died of breast cancer on Wednesday. I first met her more than three years ago, when our book tours crossed. She was, as she wrote, “a card-carrying member of The Great Liberal Backlash of 2003, one of the half-dozen or so writers now schlepping around the country promoting books that do not speak kindly of Our Leader’s record.”

I can’t claim to have known her well. But I spent enough time with her, and paid enough attention to her work, to know that obituaries that mostly stressed her satirical gifts missed the main point. Yes, she liked to poke fun at the powerful, and was very good at it. But her satire was only the means to an end: holding the powerful accountable.

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Monday, January 15, 2007

Paul Krugman: The Texas Strategy

By PAUL KRUGMAN
Published: January 15, 2007
The New York Times


Hundreds of news articles and opinion pieces have described President Bush’s decision to escalate the Iraq war as a “Hail Mary pass.”

But that’s the wrong metaphor.

Mr. Bush isn’t Roger Staubach, trying to pull out a win for the Dallas Cowboys. He’s Charles Keating, using other people’s money to keep Lincoln Savings going long after it should have been shut down — and squandering the life savings of thousands of investors, not to mention billions in taxpayer dollars, along the way.

The parallel is actually quite exact. During the savings and loan scandal of the 1980s, people like Mr. Keating kept failed banks going by faking financial success. Mr. Bush has kept a failed war going by faking military success.

The “surge” is just another stalling tactic, designed to buy more time.



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