Krugman Calls On Government To Manufacture War To Save Economy
Amidst “alien invasion” rant, many miss the point that NY Times economist was advocating a staged crisis
Paul Joseph Watson
Monday, 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.
Numerous different political strategists have called on President Obama to exploit a staged crisis in order to reinvigorate his domestic political agenda as Obama slumps to his his lowest ever approval rating.
Every indication shows that Obama is on his way to a landslide defeat in 2012, which is why Democratic strategists have said the only thing that will save his presidency is a domestic terror attack on the scale of Oklahoma City or 9/11.
Appearing on Chris Matthews’ MSNBC Hardball show last year, former Clintonite and Democrat operative Mark Penn said Obama needed an OKC bombing-style event to regain his popularity.
“Remember, President Clinton reconnected through Oklahoma, right?” said Penn. “And the president right now seems removed. It wasn’t until that speech [after the bombing] that [Clinton] really clicked with the American public. Obama needs a similar defining moment.”
Former senior advisor to President Bill Clinton Robert Shapiro echoed similar rhetoric when he wrote in the Financial Times that only an OKC bombing or 9/11 style event could provide Obama with the opportunity to demonstrate that he is a strong leader.
“The bottom line here is that Americans don’t believe in President Obama’s leadership,” said Shapiro, adding, “He has to find some way between now and November of demonstrating that he is a leader who can command confidence and, short of a 9/11 event or an Oklahoma City bombing, I can’t think of how he could do that.”