Monday, October 10, 2011

Comment on: "Panic of the Plutocrats", by Paul Krugman

For the original piece by Paul Krugman, see
http://www.nytimes.com/2011/10/10/opinion/panic-of-the-plutocrats.html


I am surprised by Mr. Krugman's apparent surprise...
Plutocrats and/or Oligarchs always react with panic, and when pushed to the wall, with extreme ruthlessness to any perceived or actual threat to their status and privilege.
Judging by some of the disproportionate reactions from the NYPD to the protesters, the moneyed powers obviously want to crush this in the bud - let's remember that the New York mayor is named Bloomberg, and although I often admire his sometimes liberal policies, he is definitely a member of the Oligarchy.

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