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Thursday, 21 March 2013

Paul Krugman is on the side of the big banks and large corporations. He is NOT on the side of the people.

Posted on 14:04 by Unknown

Paul Krugman is on the side of the big banks, otherwise he would be calling for the prosecution of the criminal senior bankers and advocating they be sent to jail for 30+ years.
Otherwise he would be calling for the big banks to be fined at levels commensurate with their crimes, LIBOR fixing, money laundering, mortgage fraud, robosigning etc.
He would be calling for the big banks to be fined $200bn+.
Otherwise he would be calling for the end of the all the government subsidies and the Federal Reserve bailouts which are now totalling nearly $1tn a year.

Paul Krugman is on the side of the arms companies otherwise he would be calling for massive cuts in the astronomical levels of military spending - $1,219bn in 2012.
Obama is spending AR more now on the military than GW Bush ever did.
Otherwise he would be calling for the end to the massive waste in the Pentagon bbudget like spending over $100bn a year on mercenaries and $12.6bn a year for the the F-35 plane which is a pile of junk.

Paul Krugman is on the side of the large drugs companies, otherwise he would be calling for massive reductions in the price of drugs.
Otherwise he would call for the FDA to stop working for the large drug companies and start working for the people.

Paul Krugman is on the side of large Healthcare companies - otherwise he would be against Obamacare, the blueprint for which was drawn up by the Heritage Foundation with the specific intention to increase the profits of large Healthcare companies.
Otherwise he would becalling for reducing the over $100bn of annual Medicare fraud and the blatant overcharging for Healthcare.

Paul Krugman is on the side of the large oil companies, otherwise he would be calling for an end to all the government oil subsidies.

Paul Krugman is on the side of the Federal Reserve which is wrecking the economy by increasing the price of food & gas and lowering the disposable incomes of ordinary people.
Paul Krugman is on the side of giving even more free money to big banks so that they can do even more speculation.  

Paul Krugman is on the side of the surveillance state.
Otherwise he would be calling for cuts of $10's bn dollars a year which is now being spent to spy and collect data on EVERY American citizen. Do you think the government should be able to see your bank account statements and financial transactions without a warrant? That is what the government is now doing.
http://www.huffingtonpost.com/2013/03/20/cia-gus-hunt-big-data_n_2917842.html?utm_hp_ref=tw

Paul Krugman is on the side of large Corporations, otherwise he would be calling for the end of all Corporate Tax breaks and loopholes currently exploited by the large Corporations to pay almost nothing in Corporation Tax.

Paul Krugman is on the side of large Corporations and NOT on the side of the people.

Otherwise he would be calling for cutting Corporate Welfare by over $1.3tn a year (see above) and giving that money back to the people through MASSIVE tax cuts to middle earners and below.
That would INCREASE ordinary people's disposable incomes, get bottom up spending going again and increase employment.
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