Follow us @ twitter.com twitter.com Welcome to Capital Account! The internet has been abuzz over the blogosphere boxing match between Nobel Laureate and New York Times columnist Paul Krugman and debunker of economic conventional wisdom and superhero economist, Steve Keen. Remember that game "Mike Tyson's Punch Out?" Well, let's just say that Steve Keen gave Paul Krugman one upper-cut too many for the establishment intellectual to handle. Krugman declared victory and walked away before he could be dealt any more blows to his economic ego -- not before Krugman could land one more low blow though...we'll break it down! And a too big to fail bank agrees to pay 20 million bucks to settle allegations from regulators that it mishandled customer funds before a major broker's collapse, but the details may surprise you. If you guessed JP Morgan, then you got half of the story right, but if you guessed the broker was MF Global, well, we have news for you: it's Lehman Brothers. That's right, JPMorgan Chase agreed to pay a $20m fine to settle allegations that the bank mishandled Lehman Brothers' customer funds for roughly two years before the broker filed for bankruptcy court protection. The Commodity Futures Trading Commission alleged that JPMorgan, at the request of Lehman, began using customer funds in November 2006 to calculate how much credit it would extend to Lehman Brothers intraday, in violation of customer segregation account rules. And last Friday we exposed the myth of the <b>...</b>

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LIKE Ron Paul USA on Facebook! www.facebook.com Ron Paul educates Paul Krugman on why we cannot inflate our way out of the economic crisis!

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Follow us @ twitter.com twitter.com Welcome to Capital Account. So what is this austerity we keep hearing all about. Well, this isn't word of the day, but let's look at a quick definition: noun, plural aus·ter·i·ties. 1. austere quality; severity of manner, life, etc.; sternness. 2. Usually, austerities. ascetic practices: austerities of monastery life. Hmm...sounds pretty awful. I wouldn't want to live in a monastery or live a "stern" lifestyle. But does cutting back on government spending equate to "austerity?" Well, maybe in the short-run for those whose incomes drop as a result, but what about longer term, what does austerity mean? There seems to be this popular notion among mainstream economists that there are periods, like the one we are in today, where the private sector, willy nilly, just stops spending. This is otherwise known as a "crisis in aggregate demand," and the solution, according to people like Paul Krugman, is for the government to step in and spend money. But why is the private sector not spending. Again, mainline economists point to something called "the paradox of thrift," in order to explain away this...well...paradox! They believe that people, responding to negative future expectations about growth, income and security, choose to save an ever greater amount of their ever declining income. By doing what is in their own best interests, as the theory goes, the whole of humanity drives itself and its economy to a grinding halt and back into the stone <b>...</b>

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This aired on Bloomberg TV 4-30-12 Ron Paul vs Paul Krugman Debate Warning: This video contains copyright material and is being used under Title 17 USC Section 107 Fair Usage for non profit, non competing, educational, political commentary and criticism..This is Fully allowed under US Copyright Law Title 17 USC Section 107

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Thanks for Jim Gilliam for this clip You can visit his site for the full transcript of this interview. www.jimgilliam.com Tim Russert' Meet the Press (CNBC)- Paul Krugman and Bill O'Reilly. The interview happened on 8/7/2004. COULD SOMEONE POST THE ENTIRE INTERVIEW? THE "QUASI MURDERER " PART IS NOT HERE.

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Fixing the US economy isn't rocket science: it's textbook economics, says Nobel Prize-winning economist Paul Krugman. (May 7, 2012)

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Ron Paul vs. Paul Krugman on The Fed Bloomberg TV 4/30/12

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Spending cuts on the continent have brought nothing but pain, says Paul Krugman, the Nobel Prize-winning economist and New York Times columnist, in an interview with Thomson Reuters Digital Editor Chrystia Freeland. (May 7, 2012)

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Paul Krugman speaks on his book, "End This Depression Now!" at the Economic Policy Institute. May 2, 2012

Krugman Book Talk at EPI May 2 2012

Paul Krugman of "The New York Times" expressed his undying love for deficit spending and Keynesian economics. Krugman seems to argue that public debt is irrelevant and does not need to repaid. Is he right, and does the health of the economy turn on increased spending and debt? See more at www.pjtv.com and http

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Republican economic ideas are the equivalent of doctors using razors to bleed patients to health, says Paul Krugman. The Nobel Prize-winning economist tells Thomson Reuters Digital Editor Chrystia Freeland that the US needs to learn the lessons of failed austerity programs in Europe in this episode of the Freeland File. (May 7, 2012)

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This is how people on the different side of the political fence agree and disagree. They disagree on the how and when but not on the reality of the numbers and the fact that it needs to be fixed. Full show at: www.charlierose.com

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Bloomberg TV. April 30, 2012.

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Paul Krugman, Nobel Prize winner and Woodrow Wilson School Professor of Economics speaks at Jobs Forum attended by almost 500 people held on November 6, 2011 at NASSAU PRESBYTERIAN CHURCH located in Princeton, NJ. Produced by Leigha Cohen www.leighacohenphoto.com

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Ron Paul completely annihilates Paul Krugman. Pure ownage. Ron Paul vs. Paul Krugman on Bloomberg TV 4-30-12

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May 18, 2012 Nobel Prize-winning economist and New York Times columnist Paul Krugman joins MSNBC's Martin Bashir to discuss his new book, "End This Depression Now!," and also why Republicans' austerity-only path will make a bad economy worse.

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Ron Paul - "Governments aren't suppose to run the economy, people are suppose to run the economy." Paul Krugman - "I'm a believer in capitalism." It was Paul versus Paul on inflation, government spending and the role of the FED on Bloomberg TV ealier today.

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David Gergen and Paul Krugman discuss the economic recovery, bleak new jobs report and how it impacts the president.

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Krugman: Forget Debt, Government Must Spend Now

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April 30, 2012 Bloomberg News MOXNews.com

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May 1, 2012 Dr. Paul Krugman, Nobel prize winning economist, op-ed columnist for The New York Times, Princeton professor and author of the new book "End This Depression Now!" talks with Rachel Maddow about the relationship between income inequality, political polarization and economic crises.

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Schiff Report 12/16/2011 Follow me on Twitter @SchiffRadio Friend me on Facebook.com/PeterSchiff Read original Krugman piece here: krugman.blogs.nytimes.com

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The Peter Schiff Show - 11/29/2011 Follow me on Twitter @SchiffRadio

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Have you read the reviews on Krugman's new book yet? www.amazon.com When you look at the countries that have their own currencies - the US, the UK, and Japan -- you see levels of debt that don't make you happy.

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RON PAUL VS. PAUL KRUGMAN AUSTRIAN VS. KEYNESIAN ECONOMICS IN THE FINANCIAL CRISIS Why do modern economies go through the "business cycle" of booms and busts? What caused the US housing bubble that precipitated the financial crisis? Who correctly predicted it and who should we listen to for wisdom moving forward? Ron Paul vs. Paul Krugman is an examination of the root cause of the crisis as seen through the eyes of two prominent commentators on the subject, each representing a different school of economic thought. Congressman and presidential candidate Ron Paul is today perhaps the most visible proponent of the Austrian school, whose luminaries include Ludwig von Mises and Nobel Prize-winning economist Friedrich A. Hayek. Nobel Prize-winning economist and New York Times columnist Paul Krugman is today perhaps the most well-known voice for the Keynesian school, whose adherents espouse the theories of British economist John Maynard Keynes. A comparative analysis of these two schools of economic thought as applied to the financial crisis and as promulgated through the views of Ron Paul and Paul Krugman is instructive. Whose school offered more explanatory and predictive power? Whose diagnosis and prescriptions have been better suited to deal with the problem? Who should we listen to now? Order the book today! www.createspace.com Download it to your Kindle now! www.amazon.com Visit the author's website at www.jeremyrhammond.com

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Speech of Paul Krugman at the New Insights in Business and Finance event in Brussels

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DemocracyNow.org - The European economic crisis is expected to top the agenda at the G8 meeting tomorrow at Camp David. In Greece, voters will soon head to the polls for another round of elections which will be viewed by many as a referendum on the Euro. Our guest today, Nobel Prize-winning economist Paul Krugman, warns the current bank run in Greece could spiral into the end of the Eurozone. "It is really quite shocking," Krugman says. "I hate to sound apocalyptic." Meanwhile, France's new finance minister has reiterated that the country's new socialist government will not ratify the European Union's fiscal pact calling for greater austerity. Towatch the complete daily, independent news hour, read the transcript, download the podcast, and for more information, visit www.democracynow.org FOLLOW DEMOCRACY NOW! ONLINE: Facebook: www.facebook.com Twitter: @democracynow Subscribe on YouTube: www.youtube.com Listen on SoundCloud: www.soundcloud.com Daily Email News Digest: www.democracynow.org Please consider supporting independent media by making a donation to Democracy Now! today, visit www.democracynow.org

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Europe is dead wrong on austerity: it's like the spiral, like medieval doctor -- when you're sick he bleeds you so you get even sicker and he bleeds you some more; it's just not working, said Paul Krugman, Nobel Prize winner for economics, in his interview to Thomson Reuters at The Russia Forum 2012. The developed world is already in depression -- we're not doing that much better then USA did in 1930s, and Japanese precedent suggests recovery could take 15 years, added Krugman.

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It was a Pauline battle royale as Rep. Ron Paul (R-TX) and Prof. Paul Krugman debated the Federal Reserve and monetary policy. Who won the battle over spending and central banking? Find out as Tim Cavanaugh of Reason.com and Terry Jones of IBD join Allen Barton to discuss Paul v. Paul. See more at www.pjtv.com

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Krugman: Bernanke Not Doing Enough

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Paul Krugman discusses his new book, "End This Depression Now!" presented by the Harvard Book Store. View more lectures and book talks at forum-network.org

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Paul Krugman, David Rosenberg team up against Lawrence Summers, Ian Bremmer to debate the future economic picture. Munk Debates

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Economist Paul Krugman talks about the reasons we're still not completely out of the recession in an interview with Lawrence O'Donnell.

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Airing Date, April.30, 2012 FED Policy Does Not Effect Food & Oil Prices, The Dollar Hasn't Gone Down, Inflation is good for workers

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Have you read the reviews on Krugman's new book yet? www.amazon.com It's essentially impossible that the debt will be paid off. It's barely possible economically, and it isn't feasible politically as well. Greece will go bankrupt.

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For the latest Peter Schiff, go to PeterSchiffBlog.com - Peter Schiff is playing clips from Paul Krugman's latest interview.

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On Nov. 1, the Economic Policy Institute presented New York Times columnist and Nobel laureate Paul Krugman with EPI's first ever Distinguished Economist Award. EPI also produced a candid video in which Krugman shared his vision for a decent society, discussed the radicalizing impact of the policy debates of the last decade, and revealed his philosophy on making our society a better one for all.

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Murphy picks apart Krugman's latest piece of economic nonsense. Freedom Watch on FBN. 01-05-12.

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Ron Paul is the only candidate who predicted and warned against the economic crisis, who understood and explained the reasons for it, and who offers a viable solution. Ron Paul is the only candidate who really means it when he says he wants to bring our troops home and scale down our unsustainable and unreasonable empire. Ron Paul is the only candidate who is serious about slashing spending and eliminating taxes. Even though others are now trying to sound like him, there is only one Ron Paul. And there is only one candidate who can beat Obama: Ron Paul. Congressman Ron Paul is the leading advocate for freedom in our nation's capital. As a member of the US House of Representatives, Dr. Paul tirelessly works for limited, constitutional government, low taxes, free markets, and a return to sound monetary policies. He is known among his congressional colleagues and his constituents for his consistent voting record. Dr. Paul never votes for legislation unless the proposed measure is expressly authorized by the Constitution.In the words of former Treasury Secretary William Simon, Dr. Paul is the "one exception to the Gang of 535″ on Capitol Hill. Ron Paul was born and raised in Pittsburgh, Pennsylvania. He graduated from Gettysburg College and the Duke University School of Medicine, before proudly serving as a flight surgeon in the US Air Force during the 1960s. He and his wife Carol moved to Texas in 1968, where he began his medical practice in Brazoria County. As a specialist <b>...</b>

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Paul Krugman of the New York Times says it's time to start calling the current economic situation what it is: a depression. Nobel Prize or not, Allen Barton and Front Page panelists Terri Jones and Yaron Brooke think Krugman is just an ideologue who is being reckless with the term depression.

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This idiot can't see the correlation between failing European states and those states government spending. If we follow his advice we will become the next Greece.

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