Nobel awards do whack the ruling elite

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THE late, Texas-based journalist Molly Ivins was the first to sound the alarm on the phenomenal rise of George W. Bush in Texas politics. In columns after columns, she tried to find answers to this question.

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How can one who has built his entire life around incompetence and failure, and would have been a nobody had it not been for the support of his father's cronies, smoothly glide into the exalted place at the Governor's Mansion?Ivins wrote at least two books chronicling W's history of business bankruptcies from dried-up oil fields to investments that went awry. She was the first to call W 'Shrub' and 'Dubya' that were both written in the pejorative.

' At that point, the liberal intellectual most hated by the Bush people, the Republican Party leaders and the economic flacks and quacks allied with Bush was Paul Krugman.Economics laureate Paul Samuelson, the pre-eminent economist, and considered the second-best economist of the 20th century after John Maynard Keynes, wrote: 'Paul Krugman is a lonely voice, telling things as they are and debunking policies that are neither compassionate nor conservative.

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