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View Diary: Draft Paul Krugman for Treasury Secretary (45 comments)

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  •  I'm for Krugs. (2+ / 0-)
    Recommended by:
    ThirstyGator, catchlightning

    We desperately need someone not associated with the Wall Street Robber Barrons of recent years.  We need a force for deregulation, and more generally economic policy that favors workers who actually produce things, and not financials instruments that have no real-world value.

    Greed may not be allowed to continue to win the day, resulting in untold Treasure taken from Taxpayers.

    Larry Summers and Tim Geithner (head of the NY Fed!) are most assuredly NOT of this variety, and to a lesser extent, even Volcker is not a good pick because his previous policy decisions show he's clearly is a supply-sider.  

    I believe that banking institutions are more dangerous to our liberties than standing armies.
    - Thomas Jefferson

    by NewAmericanLeft on Wed Nov 12, 2008 at 10:54:34 AM PST

    •  Hmm (0+ / 0-)

      someone not associated with the Wall Street Robber Barrons of recent years.

      Meaning if he was associated with robber barons of a few years ago (like when he kicked anyone not on board with complete free trade out of the human race), then he's okay?

      •  Protectionism in the Global World (1+ / 0-)
        Recommended by:
        catchlightning

        Your point about Krugman's professed belief in "Free" Trade is well-taken.  However, Krugman has always put job creation ahead of any notion of Free Trade.  Free Trade as a concept is not used to mean Imperialism at the cost of job quality at home.  

        Consider this quote from a 2004 editorial:

        Free trade is politically viable only if it's backed by effective job creation measures and a strong domestic social safety net.

        So, Krugman is in fact a fighter against those who would hurt the American Worker.  

        I believe that banking institutions are more dangerous to our liberties than standing armies.
        - Thomas Jefferson

        by NewAmericanLeft on Wed Nov 12, 2008 at 11:10:43 AM PST

        [ Parent ]

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