Even Ex-Commies Know Krugman is a D**K

Taki's Magazine

Estonia to Krugman: Y’all Needs to Chill

The ex-Soviet satellite state of Estonia is home to slightly over a million people and is smaller than Vermont and New Hampshire combined. Yet in the contentious debate between “austerity” and “stimulus”—i.e., ceasing to spend far more than you have versus further indenturing your citizen-vassals for generations—it’s becoming the mouse that roared.

A few facts about the thumbnail-sized Baltic nation:

• In a 2006 State of World Liberty Index review of 159 countries based on “economic and personal freedoms,” Estonia ranked first.

• As of 2010, it boasted—by far—the lowest debt-to-GDP ratio of all countries in the eurozone.

• It’s the eurozone’s only country to report budget surpluses for two years running.

• Its economy is growing faster than any other nation in the EU.

Estonian austerity (Esterity?) programs, as well as the fact that the country has adopted a Friedmanesque flat tax since 1994, would seem to be responsible for at least a few of these glittering statistics. Yet this is highly uncomfortable for economists who make their living by urging statist intervention and deficit spending.

When it seemed as if Estonia was bouncing back from a deep recession by using policies that statist economists insist would only drive countries deeper into economic despair, Nobel laureate and New York Times columnist Paul Krugman called the country the “poster child for austerity defenders” and saw fit to pee on their parade last week.

Bane of anti-globalists and a self-described “unabashed defender of the welfare state,” Krugman was critical of Obama’s initial stimulus plan only because he said it was far too small. He has likened European austerity attempts to a “medieval doctor, you're sick so he bleeds you, you get even sicker he bleeds you some more.”

Apparently unbeknownst to Krugman, the same metaphor could be used to describe extracting further tribute from already stressed taxpayers.

After Krugman pooh-poohed the recent successes of the diminutive nation known as the “Baltic Tiger,” bow tie-wearing Estonian President Toomas Hendrik Ilves (pronounced “ILL-vis”) took Krugman to task on Twitter. Ilves left the following string of posts in what some are suggesting was a drunken rage on June 6:

"Let’s write about something we know nothing about & be smug, overbearing & patronizing: after all, they’re just wogs…."

"Guess a Nobel in trade means you can pontificate on fiscal matters & declare my country a “wasteland”. Must be a Princeton vs Columbia thing."

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On this day in 1964, Everett Dirksen (R-IL), the Republican Leader in the U.S. Senate, condemned the Democrats' 57-day filibuster against the 1964 Civil Rights Act.

Leading the Democrats in their opposition to civil rights for African-Americans was Senator Robert Byrd (D-WV). Byrd, who got into politics as a recruiter for the Ku Klux Klan, spoke against the bill for fourteen straight hours. Democrats still call Robert Byrd "the conscience of the Senate."

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Dylan Ratigan, MSNBC's version of Howard Beale is leaving his post at the end of June when his current contract expires. It is said he wants to pursue new opportunities after slugging through 3 years of low ratings on The Moonbat Network. This leaves the time slot open for Martin 'Miss Information' Bashir, and Mr. Journalism himself, the Rev. Al Sharpton to team up and carry the early evening MSNBC spit bucket.

That leaves the Moonbat City lineup with an incoherent and excitable talking head who can't seem to keep his facts straight, Chris Matthews, the woman-hating, spluttering buffoon Special Ed Schultz, the effervescent Ricky Maddow and some fairly nondescript white guy named O'Donnell to carry the evening baggage.

Ratigan was an important part of the networks 'Obama Circle-Jerk',  putting up a valiant, yet failing attempt at defending Barack Obama's policies while finding a racist behind every tree; a real trooper till the end. 

Don't let the door hit ya on the way out there Dylan...... 

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Canada Bracing for Wisconsin Refugees

The Canadian Coast Guard preparing for what it fears could be a massive invasion of boat people from Wisconsin.

Thunder Bay -  The Commander of the Royal Canadian Mounted Coast Guard (RCMCG), said that satellite photos had revealed a “substantial flotilla” in the making, as Wisconsinites prepared to flee their repressive state for their neighbor to the North.

“Word has gotten around that we have policemen, firemen, as well as plenty of do-nothing government jobs. You can't blame these boat people for seeking a better life, but we are under orders to intercept them.”

In Canada, officials fear that refugees from Wisconsin will brave the treacherous journey across Lake Superior in the hopes of giving birth to so-called “anchor babies” on Canadian soil.

Coast Guard officers offered our Middle Finger News reporter a look at satellite photos showing the boat people loading their vessels with wheels of premium cheddar cheese, possibly in the hopes of bribing Canadian officials on Superior's northern shore.

“We are telling all of our men that under no circumstances should they accept offerings of cheese,” he said. ”These boat people are desperate and they will try anything. We have enough lazy over-payed crazy people here, we don't need anymore."

Reports of the looming refugee crisis coincided with the release of a new poll by the University of Wisconsin showing that Gov. Scott Walker is now the most hated man in the state, narrowly edging Brett Favre.

h/t Borwitz

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