Charles Krauthammer - From Market Economy to Political Economy

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Your Abbreviated Pundit Round-up
Published 11/28/2008 by DemFromCT at Daily Kos
... Charles Krauthammer: The entire market has gone it hell in a handbasket, and it's all the liberals' fault. How much does this remind you of Iraq, where we drop eggs on the floor and then blame everyone else for their inability to reassemble the egg? Being Charles Krauthammer means never having to admit how stupid and irresponsible you are. It's always someone else's fault, preferably a DFH. ...

CHARLES KRAUTHAMMER: From Market Economy to Political Economy. Like the song says, “they’ll turn us…
Published 11/28/2008 by Glenn Reynolds at Instapundit
... CHARLES KRAUTHAMMER: From Market Economy to Political Economy. Like the song says, “they’ll turn us all into beggars ’cause they’re easier to please.” ...

That Naughty, Naughty Charles Krauthammer (aka Lazy, Lazy Washington Post editors)
Published 11/29/2008 by Heather Hurlburt at democracyarsenal.org
... Tonight's game:  spot the inaccuracies in today's Charles Krauthammer column that even on a holiday WAPO editors should have caught.  I'll spot you two: ...

Krauthammer Annoys My Inner Pedant
Published 11/29/2008 by Hilzoy at Political Animal
... this startling paragraph : "In the old days -- from the Venetian Republic to, oh, the Bear Stearns rescue -- if you wanted to get rich, you did it the Warren Buffett way: You learned to read balance sheets. Today you learn to read political tea leaves. If you want to make money on Wall Street (or keep from losing your shirt), you do it not by anticipating Intel's third-quarter earnings but by guessing instead what side of the bed Henry Paulson will wake up on tomorrow." Think about the first sentence. Krauthammer seems to be saying that whereas today we have to pay attention ...

Krauthammer Annoys My Inner Pedant
Published 11/29/2008 by hilzoy at Obsidian Wings
... by hilzoy I don't normally read Charles Krauthammer, but Heather Hurlburt at Democracy Arsenal does, and she flagged this startling paragraph: "In the old days -- from the Venetian Republic to, oh, the Bear Stearns rescue -- if you wanted to get rich, you did it the Warren Buffett way: You learned to read balance sheets. Today you learn to read political tea leaves. If you want to make money on Wall Street (or keep from losing your shirt), you do it not by anticipating Intel's third-quarter earnings but by guessing instead what side of ...

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Charles Krauthammer points out what should be rather obvious by now: the stock market no longer functions as a stock market. Rather, it functions as a political market. The markets rise and fall now exclusively on political news, not market forces. As economist Irwin Stelzer argues, we have ...
Washington, Our New Wall Street
Lftbhndagn’s read of the day…. We have gone from a market economy to a political economy. November 28, 2008 By Charles Krauthammer NRO In the old days — from the Venetian Republic to, oh, the Bear Stearns rescue — if you wanted to get rich, you did it the Warren ...
Nice try "Moran"
Hey Chuckles Krauthammer , paid attention the last eight years? The ruling Democrats have a choice: Rescue this economy to return it to market control. Or use this crisis to seize the commanding heights of the economy for the greater social good. Note: The latter has already been tried. The ...