In response to:

Paul Krugman Wins Nobel: Best Supporting Liberal Playing Economist in Cyprus

Torr Wrote: Mar 28, 2013 12:22 PM
I think the medical analogy that i prefer is that Keynesian theory is to economics as would be a medical theory that a successful transfusion could be made by inject a patient in the arm with a pint of blood that has just been extracted from the same patient's leg.
D272 Wrote: Mar 28, 2013 4:44 PM
Blood-letting with leeches perhaps. Although equating a politician to a leech is terribly derogatory...to the leech.
Alex_P Wrote: Mar 28, 2013 1:19 PM
Even better: "...inject a patient in the arm with a pint of blood _out of two_ that has just been extracted from the same patient's leg. "
James5 Wrote: Mar 28, 2013 12:57 PM
Good ! I like it !

The point I was trying to make that blood-letting has been shown to be a failure as a medical procedure. Keynesian economics has failed as a economic policy, It didn't work during the FDR administration and it's not working now.

It’s becoming increasing clear that the latest European financial Crisis-Without-End is largely an exercise meant to grant government more power to steal from citizens. Don’t expect for the phenomena to remain in Europe, either. Obama, John McCain and others who head up the Bad Idea Brigade will likely import it to this side of the world, very soon.

These things, you see, tend to travel from the continent, through England and then to the USA.

Providentially for the Bad Idea Guys, while the European Union (EU) busied itself with stealing money from depositors to “save” Cyprus for the...