Is Paul Krugman Insane? Judge for Yourself…
August 15, 2011
Krugman Calls On Government To Manufacture War To Save Economy
Paul Joseph Watson
August 15, 2011
Amidst the melodramatic reaction to economist Paul Krugman’s eyebrow-raising rant about the impact an alien invasion would have on the US economy, many have missed the point, that Krugman was calling on the government to manufacture a staged event or a war to act as a smokescreen for the continued looting of the American people.
Krugman, a New York Times writer who is routinely lambasted by the likes of Max Keiser and Gerald Celente for being a stooge for the establishment and an apologist for the Federal Reserve, appeared on CFR luminary Fareed Zakaria’s CNN show to make a seemingly radical argument.
“If we discovered that space aliens were planning to attack and we needed a massive buildup to counter the space alien threat and really inflation and budget deficits took secondary place to that, this slump would be over in 18 months. And then if we discovered, oops, we made a mistake, there aren’t any aliens, we’d be better,” remarked Krugman.
“There was a Twilight Zone episode like this in which scientists fake an alien threat in order to achieve world peace. Well, this time…we need it in order to get some fiscal stimulus,” he added.
Predictably, subsequent discussion about Krugman’s comments were concentrated around his lurid analogy of an extraterrestrial invasion, while missing the elephant in the living room and the real point of the rant – Krugman’s advocacy for the Obama administration to stage a fake crisis, or indeed a war, in order to ram through its economic agenda.
As we have highlighted previously, getting the United States embroiled in another war of global proportions has long been one of the options on the table for the government to bluff its way out of the financial crisis and prevent any effort to fix the fundamental problems that caused the collapse in the first place, in addition to shielding those who profited from it.
Back in October 2008 we reported on a RAND Corporation plan to lobby the Pentagon to start a war with a major foreign power, namely China, Iran or Russia, in an attempt to stimulate the American economy and prevent a double-dip recession.
Reportedly, the RAND proposal brazenly urged that a new war could be launched to benefit the economy, but stressed that the target country would have to be a major influential power, and not a smaller country on the scale of Afghanistan or Iraq.
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