Paul Krugman on The Colbert Report
By bluegal Wednesday Jul 15, 2009 2:30pm
This is the most depressing segment I've ever seen on Comedy Central. Krugman looks even sadder than usual, and his sigh at the 2:45 mark regarding profit reports at Goldman Sachs speaks volumes.
As usual, Stephen Colbert illustrates the right wing naysayers perfectly, to paraphrase: "Ten percent of the stimulus money is spent, which means it's a one hundred percent failure. If I have a fever, and I'm not better after one penicillin pill, I'm back to the leeches."
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Too bad the only place to hear serious discourse is on the comedy channel.
I am wondering when Krugman is going to weigh in with William K Black, James K Galbraith and Michael Hudson to name only a few, and say that the Banksters got us here by FRAUD.
And Government got us here through malfeasance.
Mr. Krugman, tell it like it is.
...for tough subjects. Kind of like looking at Medusa through a reflective surface.
Not that I am letting the rest of the main stream media off the hook. They continue to fail in their duty as journalists, if we can even call them that anymore.
Too bad the Republicans are still the opposition.
They have reduced themselves to mirror image opposition to the democratic party platform with no other substance but to impede, impose, and regress. It's their regressive nature that makes them most dangerous.
I think the political system is ready to dispense with this model, and provide alternative parties to the democratic party, rather than blind oposition, to ensure we progess along the best path.
I adore Colbert, but I couldn't watch the whole thing. It was sad, and Stephen's wonderful channeling of the Wingnut Demon actually pissed me off this time. Had to turn it off. *is sad*
I found the segment so relevant, that I stayed up to re-watch when it came around again.
I can see why some were angered, but I loved it. Colbert was perfect, did y'all notice he nearly lost it at the end when Krugman talked about those 'who know where the bodies are buried'.
I find some solace in the fact that at least the truth is getting out, even if it is only on Comedy Central. American has a noble history of talking truth to power through its comedians. Twain, Rogers, Bruce, Carlin, Smothers, Sahl, Prior...the list is quite extensive, and one we can all take pride in.
Yes.
we're not returning to the roaring 90's lifestyle that made so many rich people even richer. It may as well be the 1930's.
long enough for Krugman to get his point accross.
Colbert must spend all his free time in front of a mirror telling himself how pretty he is. not funny at all.
Maybe next time he could celebrate the war dancing on top of a pile of dead Afghan babies. Hey now that's funny.
Who cares if the world is destroyed. Certainly not Colbert. To him it's a chance to showcase his brilliance.
It's interesting, I'm usually with you, but I think this time Colbert did OK. And Krugman went along for the ride. It is a comedy show, after all, not a serious forum to discuss complex issues. What I really could not stand was Paul's appearance on ABC Sunday morning or whatever they call it, being on a 'panel' with the likes of Cokie and George Will. THAT was truly unwatchable.
Also, I don't think I was as depressed about his statements as bluegal. At least there are smart people in charge now.
We should remember that he's a Keynesian and Obama is not. He will be critical. We can hope he's wrong.
As if "Cokie" and Orville Redenbacker have anything relevant to add. Blech.
He's right. The stimulus was too small. Local governments will be unable to pay all their bills next year. More massive layoffs. Less help for the poor. Unemployment is starting to run out for the leading edge of the unemployed. Americans are starting to save money, but with CD interest rates at 2% any growth will be eaten even by small inflation. Property is still overpriced and the $8,000 credit is set to expire Dec. 1. Companies shedding all obligations to workers through bankruptcy and massive profits for the perpetrators undermining systemic trust.
He is right about the bleeding has slowed, but is this just a flat line until the next shoe drops? I think that's what he's eluding to.
I'm impressed. Seriously. You do not get Colbert AT ALL.
^ This.
LOL indeed...
like most libs
so sad
... maybe you have been around the wrong group?
he is wrong, the prez is wrong and the congress is wrong
they dont need to borrow more money....they need to create a new wpa
im gonna keep saying this till im blue in the face...WE NEED WPA2 AND WE NEED IT NOW
It couldn't even get through the Senate, Roosevelt had to create it by executive order.
Sometimes Colbert overdoes it with the ironic burlesque. His interview of Paul Krugman was one of those times. He stepped on many of Krugman's lines of thought.
I realize that this is exactly how guys like O'Reilley, Beck and Hannity operate, but good satire doesn't need to exactly duplicate the target's style - it should use a little understatement. Ridiculing by implication rather than precise imitation.
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