I had no more than published the QOTW yesterday, and this one popped up. I’m of the opinion now that NYT economist and columnist Paul Krugman has gone insane, because nobody with any intact cognition would make a statement like this. Even Al Gore hasn’t gone this far, this is in nucking futz territory.
The scene is set on HBO’s Real Time Friday. Krugman is a guest, pitching his book, but at the same time pitching an idea that he’s totally serious about. It involves aliens and scientists and lies to the public on a grand scale, plus a shout out to California’s high-speed rail boondoggle. Here’s the transcript, brace yourself.
PAUL KRUGMAN, NEW YORK TIMES: This is hard to get people to do, much better, obviously, to build bridges and roads and healthcare clinics and schools. But my proposed, I actually have a serious proposal which is that we have to get a bunch of scientists to tell us that we’re facing a threatened alien invasion, and in order to be prepared for that alien invasion we have to do things like build high-speed rail. And the, once we’ve recovered, we can say, “Look, there were no aliens.”
But look, I mean, whatever it takes because right now we need somebody to spend, and that somebody has to be the U.S. government.
Watch the video here: http://newsbusters.org/blogs/noel-sheppard/2012/05/26/krugman-scientists-should-falsely-predict-alien-invasion-so-governmen#ixzz1w5zk6aAO
UPDATE: one commenter thinks he’s being sarcastic or tongue in cheek, here’s my response –
If he had left the comment at that, I’d agree with you, but he added this without saying “I’m joking” or “That’s silly but…”
But look, I mean, whatever it takes because right now we need somebody to spend, and that somebody has to be the U.S. government.
He’s a big boy, he knows the ropes of these interviews, and he didn’t insert an appropriate caveat. – Anthony
UPDATE2: This is now a theme with Krugman. Obviously he stands by his words or he would not have repeated it. See 1:01 in this Aug 14th, 2011 video.
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The signs have been there. In Feb 2011, Krugman pulled another whopper. Paul Krugman’s opinion in the NY Times blamed climate change for the unrest in Egypt.
Dr. Ryan N. Maue wrote then:
Based upon this quote from Krugman:
But the evidence tells a different, much more ominous story. While several factors have contributed to soaring food prices, what really stands out is the extent to which severe weather events have disrupted agricultural production. And these severe weather events are exactly the kind of thing we’d expect to see as rising concentrations of greenhouse gases change our climate — which means that the current food price surge may be just the beginning.
There is no other way to interpret this than “I told you so” from Krugman directly linking climate change and the disparate weather events of the past year or two to food prices and the crises in the Arab world. To various commenters who are defending Krugman religiously, do you doubt that Krugman is linking the events implicitly or explicitly? Remind you, this is the same Nobel prize winner that less than a few hours after Congresswoman Giffords was shot blamed conservatives for the so-called “Climate of Hate“. How does he have ANY credibility at all — especially with anything related to physical sciences?
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Indeed.
h/t to WUWT reader “good business”
Related articles
- Krugman: scientists should falsely predict alien invasion (motls.blogspot.com)
- Krugman: Scientists Should Falsely Predict Alien Invasion So Government Will Spend More Money (newsbusters.org)
- Krugman : Scientists Should Lie – To Force The Country Further Into Debt (stevengoddard.wordpress.com)
Note to Paul Krugman: DUDE! When you’re initiating a secret grand conspiracy, DON’T talk about it on the TV! Now everybody is wise to the scheme, and won’t believe the alien invasion story. Oh, there’s one more tiny issue with your logic, Paul. IF people had believed an alien invasion was imminent, wouldn’t we be demanding rockets, missles, laser beams and nukes, and such? Wouldn’t we be wanting our resources dedicated to building nuclear reactors in some of our deepest mine shafts? WHY exactly would you imagine terrified people would be demanding a new high speed rail line between San Francisco and L.A? We all know that one of the first targets to be hit is going to be L.A. Haven’t you ever watched “Independence Day,” fer godssake? 😉
He’s obviously kidding about aliens, but he’s not kidding about lying to the public in order to support government action on something. That is completely irresposible, and I weep for the future of science. I really hope this type of thinking is all but gone once my 3 year old enters school and learns science.
What to expect of Krugman and all public Keynesians of Government-Media complex . Even the word “Austerity” is Keynesian: When the taxes go up there is no call of “Austerity” in Media. People get less money no? So why the Media don’t call Austerity when taxes go up…?
But when the Government have to have less bigger deficits – note i am not even talking about surplus- the Media call it “Austerity”…
Depression,Recession are the natural consequences of a credit bubble – a credit bubble by definition didn’t produced enough wealth to pay its debt. If everyone was trading/building stuff because the credit was so cheap, but even with so cheap can’t pay, that means when that stops the whole thing crumbles to realistic levels : a recession is the path to realistic levels of trades between people.
I should add others factors that make the perfect storm : demographics, improved products, technological evolution -easier to build stuff, technological plateau with diminishing returns, most of education in hands of the left and socialists which means an huge imbalance in professional fields, over regulation and red tape that punishes everyone that makes anything.
tomjtx@sbcglobal.net says:
“He is making the point that gov’t spending is what will bring us out of the great recession and referencing that it took the arms spending we did just before we entered WW2 to lift us out of the depression.”
It is a fallacy that WW2 was a good example of Keynesyan economics. it was other people’s money that began to lift America out of the depression. The British and French governments spent huge sums of money with US arms manufacturers months before the US government began spending. In fact North American Aviation was close to going bust before it was rescued by the British contract for the P-51 fighter plane. Britain itself (a relatively prosperous nation at that time) was effectively bankrupted by war by the time that the Lease-lend Act was passed. In short, the US may have ended the war with a revitalized economy, pretty much everyone else was ruined.
The idea that your government can just print money to stimulate the economy (proposed by a certain Nobel Prize-winning nut) was tried by Germany after WWI. I recall as a child collecting stamps from Germany with values in the milllionen mark. That experiment ended up with another experiment in government…National Socialism and Adolf Hitler.
Our current problem was caused by an over-expansion of credit (home-building bubble) and speculation by banks which were “too big to fail”. Both problems can be solved by prudent leadership. And by splitting the big banks into investment and banking moeities. And if a bank is still considered to big to fail, break it up also.
Maybe a good first step would be to outlaw financial paper that has no function except as a bet or a financial hedge. Real hedges excepted.
It’s right out of ‘The Report From Iron Mountain’ that also suggested environmental fear to grow government.
If Krugman is nuts about anything it’s his idea that were in a depression and two, that building trains like mad will do anything to help our economy.
I like his even more insane insistence that debt doesn’t matter because we just owe it to ourselves. I don’t think he believes any of it. He’s just busy making money off economic illiterates that flock to CNN and Bill Mahre for justification of their president’s mad spending policies.
“In short, the US may have ended the war with a revitalized economy; pretty much everyone else was ruined.”
People forget that fact. If one was to apply the ‘Broken Window’ Fallacy to WWII…and today being Memorial Day…remember those that paid the ultimate price for our freedom.
40,000,000 people died because of Progressive, Socialist beliefs. The argument that we somehow spend our way to prosperity is a weak one.
NY Post takes Krugman to task… Money Quote!
“Krugman’s principal job may be to throw his readers the liberal equivalent of red meat (organic, sustainable, fair-trade soy with nontoxic pink dye?). ”
http://www.nypost.com/p/news/opinion/opedcolumnists/krug_attacks_cv5ld2kSZ5DFnNMQcxt8aJ
According to the Left Business Observer, the federal prison industry produces 100% of all military helmets, ammunition belts, bullet-proof vests, ID tags, shirts, pants, tents, bags, and canteens. Along with war supplies, prison workers supply 98% of the entire market for equipment assembly services; 93% of paints and paintbrushes; 92% of stove assembly; 46% of body armor; 36% of home appliances; 30% of headphones/microphones/speakers; and 21% of office furniture. Airplane parts, medical supplies, and much more: prisoners are even raising seeing-eye dogs for blind people.”
From another commentator, one of the “grand conspiracy theory” people. OH, the Prisons are a mean, wicked, capitolist system. Baaaaahd, BAAAAHHHD!!! (Like a SHEEP.)
Buddy, yes, wrong topic…but one to get some of us really RILED. My 34 year old Nephew is a “guest” of the “State” in a large city containing area. (I’ll demure from too much info, family privilage shall we say.)
WOULD that he was “occupied” doing such tasks. My fear (and from what I know about the system in that state, not MY home state, which actually is rather PROPERLY PROGESSIVE on trying to give the inmates “a chance”…)is that all he will do in the next 8 years is learn to become a more accomplished street hoodlum.
If I had my “wish” he’d spend the rest of his LIFE in “custodial care”…. If we don’t have courage enough to EXECUTE those who prove themselves “un-adjustable”, by the technical 1/2 way point on their lives (70 years, once upon a time…35= 1/2 way..), or to “deep freeze” them, hoping for a day and a way to “un-thaw” and “fix” their adjustment problem…then, yes…humanely, we need to BIT THE BULLET and develop a system of “custodial care”.
But being a “profit making industry”??? HA! In the state where my nephew is, they WISELY decided, about 15 years ago, to allow the “contract prison” building in the “outstate” areas, 250 miles plus from the MAJOR METRO. In rural areas with “high unemployment” at the time. THERE IS A POSITIVE RESULT FROM THIS, it helped many people in those areas SURVIVE during various “tough times” in the last 15 years.
So take your conspiracy and STUFF IT!
JimB says:
“Our current problem was caused by an over-expansion of credit (home-building bubble) and speculation by banks which were “too big to fail”. Both problems can be solved by prudent leadership. And by splitting the big banks into investment and banking moeities. And if a bank is still considered to big to fail, break it up”
The Glass-Steagal Act did that from 1933 until 1999 when it was repealed.
Since 1999 we have had the Internet Dot Com bubble followed Home-Building bubble.
…I am just saying.
Ryan says:
May 28, 2012 at 1:43 am
I’m not sure if he’s completely nuts, but basically what he seems to be saying is “scientists should tell huge lies to the public to get the public to support political agendas that I happen to believe in but which are not currently supported by the public”.
….which sounds awfully similar to the AGW approach.
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Hammer meets nail.
You have hit the nail on the head.
Question is: Why does one believe that nailing my feet to the floor is a good thing? Build something worthwhile and support it on its own merits, and stop the damn lying. Real science is being destroyed as well as the world economy.
Here’s someone that understands the economy, Jim Rogers. He sees a time like the Great Depression coming very soon. He has real success in the economy for 44 years now. Krugman only knows left wing ‘economics’. You’ll learn what really works in the economy from Jim Rogers. You can find 100’s of videos of him on the internet.
(p.s., I’m not linking the video because it’s from Glenn Beck, I’m not really a big fan of him, but I also am not opposed to him)
Unfortunately Jim Rogers sees a very, very bad economic time coming to America.
@Amino Acids…
I have heard Jim Rogers many times…over many years.
Jim Rogers was Co-Founder of the Quantum Fund…the other Co-Founder was George Soros.
However, he did leave the Quantum Fund in 1980, more than a decade before Soros broke the Bank of England.
I will take JimRogers and the Austrian School of economics (think Hayak, Nobel in 1974) over Krugman…or Gore…or Obama…all Nobel ‘winners’.
The food prices can be linked to excessive leverage, which have caused massive and progressive distortion of economies and markets. What we seem unready to do, is to distinguish between cause and effect. Was the cause dreams of instant gratification or individuals, cooperatives, and authoritarian interests (i.e. government) who exploited those dreams for their selfish interest?
As for “global warming”, that appears to be little more than a scheme to generate new revenue streams and subsidize marginal and unproductive economic, academic, and governmental enterprises.
@n.n.
I would argue food price inflation is linked to Biofuel and the expansion of the Food Stamp program.
Much stronger cause and effect relationships can be observed…I think.
Richard Salsman and others have explained how government spending cannot improve the economy. Government does not produce, it consumes. The act of redistribution, which government spending inherently is, reduces the ability of taxpayers to produce and favours the inefficient (who get the spending because they are able to whine or con more than others, or “have connections”).
Salsman has pointed to government spending as slowing recovery from the Great Depression.
Of course the scare tactic to justify oppressive measures is a popular one, Hitler used it to advantage. (Hitler was of course more capable than Krugman, an evil genius. Marxists like Lenin were good at using the scam as well, especially against business people. Marxist Pol Pot )
The underlying belief of people like Krugman is that people can be manipulated and should be, which comes from viewing humans as mentally incapable and untrustworthy.
History shows otherwise – freedom protected by a justice system fosters humans. But Krugman and his defenders work against freedom. Why?
“Aristotle based his philosophy on what seemed reasonable and all science was constrained for over a thousand years, when mathematical rigour and experiment were unleashed we started thinking differently (as Steve Jobs was keen on) and we advanced past the Greeks.”
(byz says: May 27, 2012 at 12:25 pm)
Say what?!
Mathematical rigour and experiment (testing against reality) were greatly advanced by Aristotle’s teachings.
The decline from the best of the Greek era (noting Aristotle was an ancient Greek) resulted from a shift to the bizarre mind-body dichotomy of Plato, which always leads to superstition and emotions as the preferred means to knowledge. I suggest David Harriman’s book “The Logical Leap” as one way to see the difference.
(It also leads to nasty people like Krugman, because they find out that their way of obtaining knowledge doesn’t work well, they never know what to do because they reject principles – of morality not just science, and other people don’t do what they want. So they use the only ways they – emotions and force.)
Then “byz”(antine) goes on to make the grossly ignorant claim that banks horde money. Reality is that banks make money by loaning out money, much of which is from depositors who are paid interest for the use of their money.
But “byz” is almost matched by the claim of “Crispin in Waterloo” that war is good for business. War is destruction which is never good. The freest most business-oriented countries are the most peaceful. Consider the US compared to Imperial Shinto Japan, as chonicled by John David Lewis in his book “Nothing Less Than Victory”, and National Socialist Germany as explained by Leonard Peikoff in his book “The Ominous Parallels”. Plus the war-mongering Marxists of the USSR, who tried to take over East Berlin after World War II – and demonstrated in East Germany the dismal nature of collectivist society compared to the free type of society in West Germany. (Recall that the Allies put West Germany on a path to six decades of peace and prosperity, and the US did the same for Japan, whereas the USSR couldn’t even feed its own people.)
So in other words Krugman grew up watching Outer Limits “The Architects of Fear” (1963) or the more recent movie “Watchmen” which tied into the original OL episode. Way to go, Krugman, real original thinking….
Glass Steagall was a very sensible measure. So sensible, makes you wonder why it was repealed. Who benefitted? What happened next? Similar controls were removed in the UK. Now occassionally there is talk of re-introducing them. Who growls? Wonder why?
ROM says:
May 27, 2012 at 7:00 pm
The source for the figures above are from Table 5
; Funding for Federal Climate Change Activities, FY2008 to FY2012
Congressional Research Service; April 26th 2012
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Approx $70,000,000,000 (seventy billion dollars US) from FY 2008 to FY 2012 in the US alone on climate related expenditures.
What fools had their hands on the purse strings in the US Congress for these appropriations. New appropriations for the 2008 FY budget would have had to be the House of Representatives in 2007 congressional session or earlier congressional sessions.
Were the fools listening to Krugman or was there some other ideological obsession? Or both?
http://wattsupwiththat.com/2012/05/27/quote-of-the-week-bonus-krugman-insanity-edition/#comment-995367
Max Hugoson says:
May 28, 2012 at 8:25 am
According to the Left Business Observer, the federal prison industry produces 100% of all military helmets, ammunition belts, bullet-proof vests, ID tags, shirts, pants, tents, bags, and canteens. Along with war supplies, prison workers supply 98% of the entire market for equipment assembly services; 93% of paints and paintbrushes; 92% of stove assembly; 46% of body armor; 36% of home appliances; 30% of headphones/microphones/speakers; and 21% of office furniture. Airplane parts, medical supplies, and much more: prisoners are even raising seeing-eye dogs for blind people.”
From another commentator, one of the “grand conspiracy theory” people. OH, the Prisons are a mean, wicked, capitolist system. Baaaaahd, BAAAAHHHD!!! (Like a SHEEP.)
…
So take your conspiracy and STUFF IT!
Gosh, there’s certainly a conspiracy to bribe judges, get more punitive laws enacted and so on to expand the lucrative slave labour workforce by those running private prisons, that the system itself is a conspiracy, well no, that is out in the open and well documented – it’s policy..
Slave labour created out of the prison population by big business interests who lobby for harsher sentences to keep their prisons full – three strikes and you’re out.. For, say stealing a candy bar.:
http://www.globalresearch.ca/index.php?context=va&aid=8289
“CRIME GOES DOWN, JAIL POPULATION GOES UPAccording to reports by human rights organizations, these are the factors that increase the profit potential for those who invest in the prison industry complex:. Jailing persons convicted of non-violent crimes, and long prison sentences for possession of microscopic quantities of illegal drugs. Federal law stipulates five years’ imprisonment without possibility of parole for possession of 5 grams of crack or 3.5 ounces of heroin, and 10 years for possession of less than 2 ounces of rock-cocaine or crack. A sentence of 5 years for cocaine powder requires possession of 500 grams – 100 times more than the quantity of rock cocaine for the same sentence. Most of those who use cocaine powder are white, middle-class or rich people, while mostly Blacks and Latinos use rock cocaine. In Texas, a person may be sentenced for up to two years’ imprisonment for possessing 4 ounces of marijuana. Here in New York, the 1973 Nelson Rockefeller anti-drug law provides for a mandatory prison sentence of 15 years to life for possession of 4 ounces of any illegal drug.The passage in 13 states of the “three strikes” laws (life in prison after being convicted of three felonies), made it necessary to build 20 new federal prisons. One of the most disturbing cases resulting from this measure was that of a prisoner who for stealing a car and two bicycles received three 25-year sentences.. Longer sentences.. The passage of laws that require minimum sentencing, without regard for circumstances.. A large expansion of work by prisoners creating profits that motivate the incarceration of more people for longer periods of time.. More punishment of prisoners, so as to lengthen their sentences.
…
Who is investing? At least 37 states have legalized the contracting of prison labor by private corporations that mount their operations inside state prisons. The list of such companies contains the cream of U.S. corporate society: IBM, Boeing, Motorola, Microsoft, AT&T, Wireless, Texas Instrument, Dell, Compaq, Honeywell, Hewlett-Packard, Nortel, Lucent Technologies, 3Com, Intel, Northern Telecom, TWA, Nordstrom’s, Revlon, Macy’s, Pierre Cardin, Target Stores, and many more. All of these businesses are excited about the economic boom generation by prison labor. Just between 1980 and 1994, profits went up from $392 million to $1.31 billion. Inmates in state penitentiaries generally receive the minimum wage for their work, but not all; in Colorado, they get about $2 per hour, well under the minimum. And in privately-run prisons, they receive as little as 17 cents per hour for a maximum of six hours a day, the equivalent of $20 per month. The highest-paying private prison is CCA in Tennessee, where prisoners receive 50 cents per hour for what they call “highly skilled positions.” At those rates, it is no surprise that inmates find the pay in federal prisons to be very generous. There, they can earn $1.25 an hour and work eight hours a day, and sometimes overtime. They can send home $200-$300 per month.Thanks to prison labor, the United States is once again an attractive location for investment in work that was designed for Third World labor markets. A company that operated a maquiladora (assembly plant in Mexico near the border) closed down its operations there and relocated to San Quentin State Prison in California. In Texas, a factory fired its 150 workers and contracted the services of prisoner-workers from the private Lockhart Texas prison, where circuit boards are assembled for companies like IBM and Compaq.”
That’s the ugly face of capitalism, the motivation to pay as little as possible to maximise profits for the owners/shareholders is why unions began, slave labour is the greedy capitalists’ wet dream..
http://www.corpwatch.org/article.php?id=867
“Greasing the Wheels of Power to Keep Jails Full To be profitable, private prison firms must ensure that prisons are not only built but also filled. Industry experts say a 90-95 per cent capacity rate is needed to guarantee the hefty rates of return needed to lure investors. Prudential Securities issued a wildly bullish report on CCA a few years ago but cautioned, “It takes time to bring inmate population levels up to where they cover costs. Low occupancy is a drag on profits.” Still, said the report, company earnings would be strong if CCA succeeded in ramp(ing) up population levels in its new facilities at an acceptable rate”.”(There is a) basic philosophical problem when you begin turning over administration of prisons to people who have an interest in keeping people locked up” notes Jenni Gainsborough of the ACLU’s National Prison Project.”
Don’t you see this as a problem?
http://mediafilter.org/MFF/Prison.html
By Phil Smith
from the Fall 1993 issue of Covert Action Quarterly “Private prisons are a symptom, a response by private capital to the “opportunities” created by society’s temper tantrum approach to the problem of criminality.”
In Britain it’s common for the ‘government’ to periodical claim that ‘crime’ is going up, when it isn’t. If people can be kept in fear they are easier to control – that’s why we now have all these big brother and degrading security and surveillance measures, and more to come, and those objecting becoming the ‘enemy against security’, in policy documents labelled as ‘terrorists’ – for example, those who pay with cash are to be suspect.
Why are drugs illegal?
Anyway, if you’re interested in researching further this link has others to give more of the picture.
http://www.apfn.org/apfn/private-prisons.htm
“Glass Steagall was a very sensible measure. So sensible, makes you wonder why it was repealed. Who benefitted? ”
Goldman Sachs…for one.
Lot of people and entities did for awhile.
Some still are benefitting.
Kevin Kilty,
Please point to the experiment in which we tried Libertarian, Laissez Faire, open markets, for long enough time to consider the results definitive, found them wanting, and then tried something else. Please point to exactly what didn’t work and how what we tried next improved upon it.
I only said that all economic systems that have been tried so far have many faults and problems in them, and I infer from this that in the real world, all future economic systems will be similarly imperfect and people will continue to whine about them. You enjoy the fantasy that Libertarianism will solve all the world’s problems. Well, count me highly skeptical. What’s your evidence that it won’t have all kinds of problems as well?
…
Greece is in the pickle it is because it has low productivity AND has been using debt to live beyond its means.
Certainly that’s part of the problem. The other and bigger problem is that the EU has a common currency, but not a common government and budgeting. We in the US have regions that are pretty unproductive – Mississippi and Alabama come to mind – which get far more in federal dollars than they pay in taxes, but they don’t have a fiscal crisis because we have a common currency and a federal system of government which oversees the overall economy. If the EU had a government akin to the US, Greece would just be another unproductive region, not a nightmare.
What I do or do not understand about currency you don’t know about at all; what I do know is that lenders do not perpetually throw good money after bad. They will go looking for better investments, or they will get interest rates that befit the risk.
Bad is always a relative concept when it comes to lending. The US is paying very low interest rates on its debt because it’s considered such a safe haven. If lenders really thought the US fiscal situation were anywhere near what Greece’s was, they wouldn’t be lending us money. The interest rates tell us the real story. The people with money think the US is an incredibly safe place to put there money.
And keep in mind, currency is itself the creation of government. Lenders don’t have their own currency they are lending us. They are lending us back our own dollars, created by our government. That means we have all the power still.
The creditors can’t, but the IRS can — and if you think the government isn’t going to raise your taxes to cut some of that deficit, you’re in for a rude awakening.
The IRS can’t come after me for the national debt. They have no such power. They can only tax me on my income, at the rate specified by law. Raising taxes requires legislative action, meaning that our elected representatives have to approve of such action, meaning people have to elect these folks with some mandate to repay the national debt. I don’t ever see that happening, not in my lifetime or my children’s for that matter. The more worrisome matter is entitlements like SS, etc., not repaying the national debt.
And please don’t tell me the debt ever has to be repaid. I don’t know if the US has ever been debt free, so it’s never been repayed.
Swapping currency from one person (or entity) to another based solely on a promise to repay is a debt. When you go grocery shopping, the food in your cart is debt until you arrive at the register and pay for it.
It’s always a huge mistake to compare national currency debts to personal buying and budgeting. Governments create their own currency. I don’t get to buy stuff at the store with my own currency, I have to use the government’s. When a government borrows back their own currency, it’s a fictitious debt. It’s useful for economic purposes, to try to stimulate the economy and the flow of money through capital markets, but it’s a fiction nonetheless. It’s a different story if they borrow some other country’s currency, but even then, that’s still just mixing fictions of different origin.
1987 Ronald Reagan’s address to the United Nations, he said:
“I occasionally think how quickly our differences worldwide would vanish if we were facing an alien threat from outside this world.”
I’m surprised though that no one’s yet mentioned Project Blue Beam.. Which is the story that the NWO is/was planning a holographic global event to fake the “Second Coming” and consolidate their new global religion: http://educate-yourself.org/cn/projectbluebeam25jul05.shtml and of course NASA’s involvement with promoting scary aliens against carbon dioxide as WUWT covered earlier: http://wattsupwiththat.com/2011/08/18/bizarre-craptastic-theory-from-the-guardian-penn-state-and-nasa-et-will-kill-us-because-global-warming-will-tip-them-off-that-we-are-a-bad-species/
But a staged alien invasion has been in the conspiracy theory pipeline for a while now, due to appear at the 2012 Olympics in London:
http://www.guardian.co.uk/uk/2010/dec/05/olympic-games-2012-alien-conspiracy-theory
And of course, there’s lots on the alleged actual development of alien spacecraft, supposedly from the work of the German scientists during the 2nd World War, and this goes back to Tesla.
Nikola Tesla said in an interview in he New York Herald Tribune, October 15, 1911: “All I have to say on that point is that my airship will have neither gas bag, wings nor propellers, It is the child of my dreams, the product of years of intense and painful toil and research. I am not going to talk about it any further. But whatever my airship may be, here at least is an engine that will do things that no other engine ever has done, and that is something tangible.”
And I’d earlier found information on Maxwell which gives work of his which was sidelined, http://www.rexresearch.com/maxwell.htm
So, perhaps they have actually built such craft, which could account in some part to the growing sightings, and are getting ready for the big finale…
..now I’ll have to watch the closing ceremony – probably an advertising exec’s bright idea to get higher ratings and I shall be disappointed.
Which still doesn’t explain why America would need high speed trains to fight them off..
US spent 2% of GDP for stimulus. This is a mild stimulus.
Eurozone Austerity.
US official unemployment 8.1% – Eurozone 10.9%
Aliens? Really?! That’s your factual argument against stimulus spending?
Besides your hero Schiff has been moaning about the market since Obama has taken over. If you invested money in the broad market at the lows shortly after Obama took office your account would have been doubled (up 99%) by Feb/March of 2012.
Schiff was generally right 5 yrs ago. Not so much anymore.