toxicmedia
Gold Member
The Wall Street Journal is owned by Rupert Murdoch.Yesterdays theme was about Liberalism's attempts to make everyone a victim, claiming all sorts of dire events are imminent if they are not kept in power. And a prominent perveyer of the 'imminent disaster' thesis is Paul Krugman.
I do so enjoy it when one of the Liberal frauds gets his just deserts, and even more so when the fraud in question is this shifty-eyed pipsqueak, Krugman.
And not just because he is the personification of the Liberal plan of conquest....
...but because of the awards the rest of his clique bestows on him...unjustly.
And because of how frequently he is wrong in exactly those areas where he is getting said awards!!
Disater du jour....'run for your lives! We'll soon have no more oil!!'
1. A former editor of the Chicago Tribune "used to advise writers to try to attack so deftly that their target doesn’t know he’s been decapitated until he tries to walk away. He was speaking figuratively, which we note because of the rough-and-tumble nature of Chicago newspapering. It’s going to be something, in any event, to see Paul Krugman try to walk away from the latest sally by the Wall Street Journal.
He may stagger around for a while, but eventually he’ll topple."
2. The Wall Street Journal " dealt with him in an editorial debunking “Peak Oil.” It began by noting that it’s been “216 years since Thomas Malthus gave birth to the idea that mankind’s appetite for natural resources would outstrip nature’s capacity to supply them.
There have since been regular warnings that the world is running out of soybeans,helium,chocolate,tungsten, you name it—and that population growth has become unsustainable.
The warnings create a political or social panic for a while, only to be proved wrong.”
Peak Krugman - The New York Sun
3. Which brings us to the "peak oil" trope.... " Peak oil, an event based on M. King Hubbert's theory, is the point in time when the maximum rate of extraction of petroleum is reached, after which the rate of production is expected to enter terminal decline."
Peak oil - Wikipedia the free encyclopedia
a. " ...in December 2010 Mr. Krugman had announced that “peak oil has arrived.” ....
Mr. Krugman as saying: “What the commodity markets are telling us is that we’re living in a finite world, in which the rapid growth of emerging economies is placing pressure on limited supplies of raw materials, pushing up their prices. And America is, for the most part, just a bystander in this story.”
NYSun, Op. Cit.
4. Now....why would this Lib lead the hand-wringers in this manner?
a. " Rahm's Rule: 'Never Let a Serious Crisis Go to Waste'"
Rahm s Rule Never Let a Serious Crisis Go to Waste PERC The Property and Environment Research Center
b. It plays right into the fairy tale that only subscribing to the "Green Economy" scam will save the world!
5. And it fits nicely into the bigger picture, the motivation for Progressive worldviews:
"One spin-off of the Enlightenment was the desire to find new myths that would transcend daily existence and take one to a higher level of purification.
Proto-fascist, and founder of ecology, Ernst Haeckel, invested nature-worship with the belief that all matter was alive and possessed mental attributes. In ‘monism,’ he brought together hostility to Christianity and propaganda for Darwinism, a nature cult and theories of hygiene and selective breeding."
J.W. Burrow, “The Crisis of Reason: European Thought, 1848-1914,” p. 218-19
Liberalism, ecology, 'peak oil,'....Krugman.....all fish in the same barrel.