These attacks by Paul are so frustrating because in any other situation, I love him. He knows all about Keynesian economics and is great at pointing out the flaws in austerity. But unfortunately he's been bought and is now stuck in the Clinton machine. #Bringbackpaul

*The Democrats have lost me.* #BernieOrBust

Another classic Cenk takedown of the Chones! Nice work.

My uncle actually knows Krugman, and says this isn't the first time he has used his clout to influence public opinion despite knowing what he was putting out was untrue.

Paul Krugman is a sellout.

I used to respect Krugman before all these incredibly hacky Bernie articles he's been writing. I guess he's like the Ben Carson of economics.

Now the left knows what its like to get sjw'd

I'm seriously disappointed in Paul Krugman. I read the article last night and couldn't believe what I was reading.

Krugman sold out hard

Kurgman once was a decent outsider, but the dark side of the establishment has taken him

Those poor innocent banks LOL

First it was, "Obama Boys" (Black guy) now its, "Bernie Bros"(White guy).. What's next?? Victorio Vatos? (Spanish guy) 😂😂😂 #DesperateHillary

Just goes to show that you should NEVER take anyone's word, no matter what their credentials are. If anything, people who have the credentials should be subject to more scrutiny.

Thinking Bernie Sanders secretly wants Donald Trump to win is like thinking Trump-supporters secretly want a Muslim president.

I'm a pregnant mother and wife, and I am I "Bernie Bro"... *sigh *

Also, I want to add that Krugman said back in 09 on Bill Maher's show that we need another FDR and he was hoping that Obama would be that person but realized he wasn't. He literally just went back on all the progressive shit he used to say. I don't wanna sound like a typical Sanders supporter that calls him a "shill for Hillary" but honestly I have no other way to explain this. He literally took back everything and became another tool of the system. And I used to respect him

Paul Krugman seems to be in the bag for Hillary. It seems he'll say anything in an attempt to smear Bernie.

people I respect: - Bernie Sanders - Noam Chomsky - many others - -Paul Krugman-

I don't think most of you guys understand, because this really fuckin weirds me out, as I have read and watched Krugman for some time now, and I know his real opinions. I implore anyone to read his book "End This Depression Now!" (2012), even if it's just the introduction and first two chapters. Krugman should massively be on Bernie's side because Bernie's proposals are all almost perfectly aligned with what Krugman begged for in the past. Bernie's politics also sharply punches right in the mouth the very political issues that Krugman talked about in his collection of NYT articles in "The Great Unraveling" (2003) in terms of recent Republican history of blunt political force. This has to be a Washington bubble of NYT he's stuck in or maybe he's just not that into doing real homework on the candidates, but anyway you look at it, it makes no sense for Krugman to waste so much energy on opposition to Sanders.

Democrats have lost me and Paul Krugman has lost my respect.

Krugman sold his soul.

Since when did Krugman become a minion of the #Hillbeast? Oh wait, its the NYTimes, nvr mind.

Please New York. We need you. Help us put an actual honest politician in the white house.

Krugman is selling out!

Nicely done exposing Krugman's hypocrisy, Cenk.

We Nationalized the risk and kept the profits privatized.

"This is a giant butt" -Cenk Uygur, 8th April 2016 (2:40)

i like how passionate Cenk gets sometime about the future of Merica!! #feelthebern

Can't believe I used to admire this guy. Does nothing prick The Conscience of a Liberal?

Why is Paul Krugman saying this crap? I used to respect the guy, but not anymore.

I want to know what edge Bernie is "over" so I can join him

I love that these people are coming out for Hillary, Bernie will know who to discredit and dismiss when be becomes president.

Lehman Brothers was never a small bank. In 2007, a year before they filed for chapter 11, Lehman Brothers had 28,000 employees, at least a dozen subsidiaries, and about 250 billion $ in assets. So tell us again, Paul, how Lehman Brothers weren't a big bank.

I read this article yesterday and was fuming. I feel very vindicated now that Cenk has demolished Krugman.

Mainstream media attacking Bernie? Shocked. Why would the establishment dislike the anti-establishment candidate.

Well, it took quite a while until TYT realized that Paul Krugman isn't that bright despite his Nobel Prize. I've been following Krugman for more than 15 years now for my personal amusement as he has been comically PROVEN wrong on almost any prediction and analysis he ever published. Just three of hundreds examples: 1.) In 1999 he wrote an article on Enron's fantastic company and business culture. Unfortunately, Enron collapsed in 2001 due to accounting fraud. 2.) There is a meme regarding Krugman's misunderstaning of the importance of e-commerce (referring to an article published by him in 1998): static1.businessinsider.com/image/52c173566bb3f7bb746167bb-960/krugs.png 3.) In June 2010 Krugman criticised Germany as federal budget cuts would damage the German economy and lead to a collapse of economic growth. Lo and behold, Germany's GDP grew in 2011 and its economy remains the strongest in Europe until today and ranks among the four biggest economies worldwide. Okay, here's a bonus: 4.) Krugman predicted the collapse of the Euro at least ELEVEN times between 2010 and 2012 alone. For example: www.nytimes.com/2011/09/12/opinion/an-impeccable-disaster.html?ref=paulkrugman&_r=0 www.nytimes.com/2011/10/24/opinion/the-hole-in-europes-bucket.html?ref=paulkrugman www.nytimes.com/2012/05/18/opinion/krugman-apocalypse-fairly-soon.html?ref=paulkrugman etc. The bottom line is: if Krugman ever praises the company you're working for, better look around for another employer. If he commends your country's development, try to get dual citizenship somewhere.

Hahaha you legend Cenk. I literally read that article he did last night, and I actually used to quite like Krugman (he did a great piece on the austerity illusion in the UK) and was so shocked. I literally could not believe it was him writing this smear, and then for you to do this video now has literally made my day. Thank you.

Krugman knows plenty about economics. He's simply ensconced in the establishment. Krugman's made his own arguments for single payer healthcare - now that an outsider candidate is actually advocating it, it's a stretch too far. Krugman's made his own arguments for banking reform - now that an outsider candidate is fighting for it, it's preposterous and unrealistic. Piketty & Stiglitz > Krugman.

The sad thing is that Krugman does understand. He's holding out for a job in the Clinton admin.

I didn't know Krugman had been bashing Sanders for months. I thought Krugman was a democratic socialist, like Sanders is?

I'm surprised this isnt a Cenko unchained segment

Dang, Cenk! Bringing down the hammer and hard! Go, brother, go!

Additionally the banks abandoned all rational credit review - no income verification, no collateral, little to no appraisals, false ratings of the mortgage securities by the rating agencies. Banks were generating fees by churning bad mortgages after bad mortgages while paying out massive bonuses.

the name of the recession in Japan is called "Lehman Shock".

Keep telling people, vote Green. A vote for Clinton is a vote for Neo-Con foreign policy and Reagan-lite, "Third Way" economics. Either way, two Republicans will be at the heads of the two-party tickets.

This is what Krugman actually said: "the crisis itself was centered not on big banks but on “shadow banks” like Lehman Brothers that weren’t necessarily that big." This is actually factually correct. The manipulation of credit ratings, derivatives created the issue. The banks were forced to actually grow in size through nationalization and subsidized purchases for stabilization. While this wasn't optimal.. It was one of the only ways to get some stability at the time. If the issue was the size of the banks this would've never been an option. Cenk literally manipulated the context of his comments so much he wouldn't even quote an entire sentence.

They are coming at Bernie from all sides and its doing nothing but pissing me off and making me like him just that much more. The American people are getting sick of it and honestly the tactics being used are nothing but underhanded and desperate.

I'm shocked that Krugman was heard seeing how the static noise machine he borrowed from Hillary was turned on.

it pisses me off that clinton gets away with any and every smear she says about bernie but bernie says shes not qualified and the media explodes screaming sexism

Bernie sits across from Matt lauer this morning and I think Matt was more comfortable with a camera up his arse. The tax man is coming mr media .... Time to pay up....

Ok, so... full disclosure, I'm a conservative (far-right) service-member, who happens to watch Young Turks, and read Krugman from time to time because its unfair to argue with opposing view points without knowing their viewpoints. I read the Krugman Op-Ed yesterday and I'm glad TYT is taking him to task on it. And I'd also like to say that there is nothing wrong with being a "Bernie Bro", I felt the same way for Ron Paul in '08 and '12, and its a shame that there is no Saunders equivalent on the republican side in this election. My primary hope of this election cycle is that we see a rift in both parties, which is happening now, and that in 2020, the wonderful people of this country, left and right, will have four, five, maybe even six legitimate parties to choose from. We need to have more accurate platforms to stand behind, so please, don't vote for Hillary (if she is nominated), no mattter how tempting it will be in the face of a terrible Republican nominee, we know the long term benefits will be tremendous.

Remember in November

Just goes to show you...when you threaten these bought and payed for Democrats money, they come after you with avenges....

hackiest article ever

Matt Taibbi did a great rebuttal article for Rolling Stone magazine about this. TYT should really try to schedule an interview with Mr. Taibbi. He has insight into the banking industry to a degree that nearly no one outside the industry has. He's a very brilliant man.

Listen you can disagree all you want with Krugman, but you can't argue that you (Cenk the lawyer turned pundit) knows more economics than Paul Krugman (nobel laureate in economics turned pundit).

WTF? Krugman is contradicting himself. He does understand it - he's written many a column on the failures of the banks.

The part where you talked about Lehman was incredibly dishonest. Krugman saying Lehman wasn't that big is not contradictory to his previous column but quite congruent. It's his whole point. Lehman wasn't that big BUT it still posed a huge risk to the global economy. Therefore just the size of a bank is not a great indicator of how much risk it poses to the economy. This is why it's silly to just "break up the big banks" when the big banks aren't necessarily the ones who pose the greatest risk and breaking them up may not lower risk. Krugman saying the Lehman wasn't all that big is not a reversal on his previous comments about how much risk it posed. They are both true and both prove his point. It was incredibly disingenuous how you presented his views and his statements. It just goes to show how far you're willing to go to push your agenda, even if it means distorting the truth.

I wish the young Turks could have people like this guy in their show and then tell them how wrong they are in their face. Would pay to see that reaction

It's interesting what a few dollars can do to the integrity of some people

Hill got a lot of cronies, each jumping into irrelevance one after the other. Martyrs of foolishness.

2.8 million subs! I've been waiting for you guys to break that lol

Holy shit. Systematically breaking down the smear piece. Wrecked.

Krugman loses a lot of credibility from that article. The largest bankruptcy in American history before Lehman was MCI who had debts of around $110 million. Lehman's bankruptcy was shocking as it was more than 5 times the size of MCI's with dents exceeding $600 million. For Krugman to downplay their bankruptcy is simply a 100% lie on his part because he is way too smart to not know the enormous debt that Lehman had.

170 economics came together and said Bernie's plans are absolutely the best for the country. Everytime someone says Bernie is wrong there is literally 100's of more qualified people saying the opposite.

So one of the most respected people in 'economics' say the banks weren't the cause of the economic crash? I guess respect's going price must be pretty cheap these days.

I love how Hillary supporters are always focusing on her being "strong with black voters". I feel like the importance of their vote is over-emphasized. Traditionally, and actually, black, and other minorities, voters vote for the democratic candidate with an overwhelming majority. Wouldn't it be much wiser for the democratic party to have a candidate with the greater popularity among the voter group that actually fluctuate between themselves and their opposition? Namely white voters? Considering the minority vote would always go to the democratic party. Whether or ot 75% or 80% of the minority vote for a candidate is much less important than whether or not 45% or 55% of the white vote votes for your candidate from a pure electability point of view.

I just read the Krugman piece and was extremely disappointed in the professor. Uyger dismantles the prof's dishonesty completely here. Well done.

Reading this article made me laugh, then cringe, and then laugh again.

Sell-outs. Sell-outs everywhere.

Krugman was promised a job in a hypothetical, now impossible, Clinton Administration.

You are misquoting Krugman here - he states that it wasn't the "Big Banks" that are the source of the systemic risk, but rather the shadow banking practices. Now many of the large banks participated in this, but the fact that they are large is not what CAUSED the crashed. The too big to fail notion comes in when we talk about stabilizing the financial system, which is a separate issue. You mention shadow banking towards the end of the video, but again you are a bit off in your interpretation of Krugman's comments. Shadow banking is, relative to the overall financial sector, small. It does, however, posses a huge potential to expose a broader group of institutions to risk - largely a result of allowing financial institutions to consolidate their holds with banks (all things Krugman has said).In summary: Krugan is an Economist, who is correct in his assessment (though often a political hack), and you are displaying your ignorance of the economic forces underlying the crash.

Paul Krugman: avowed Keynesian and Hillary lackey. That's two very significant strikes.

I'm half-tempted to burn my copy of Paul Krugman's book 'Conscience of a Liberal' over this.

Thank you for this. How shocking and sad.. I used to respect and admire Krugman. Makes you wonder what the heck is happening backstage.

Revolutionary socialists reject the private market and call for the full and total nationalization of the banks and the whole financial sector. Because the capitalist circle will never end as long as the means of production remain in private hands. Socialism is what we stand for, not social democracy which keeps capitalism alive!

What's gonna be funny is Bernie winning the presidency, and Krugman slapping his forehead going, 'damn, I would have had a job with Bernie had I not wrote that hit piece!'

I generally respect this program's commentating but this just seems over the top. Firstly it can be both true the Lehman was a relatively small bank and that its collapse set of a domino that crashed the system. All banks were weak and Lehman exposed this. Secondly it is true that shadow banking "i.e. unlisted derivatives & CDOs" that really made the crisis worse, a point you seem to make but then ignore. Thirdly it is true that reinstating Glass-Steagal would only affect banks like JPMorgan or BofA would not really do anything to stop the next crash. And finally, and this is the real kicker, breaking up the banks is a STUPID idea, small banks are more expensive to run, less efficient and more unstable. The solution is to regulate banks tightly, like a public utility, and a concentrated banking system makes this easier. Liberals are the party of smart people, please stop pushing a dumb idea, because it fits well with your skepticism of big business, we have to do better. Also as a parting note does everyone who ever disagrees with Bernie have to be a moron or a corrupt shill? Can't we just disagree about policy like normal human beings?

I think it's bordering demagoguery when we can't even consider the fact that Bernie might not be infallible

I practically got called sexiest and a Bernie bro simply because I am Australian

To think I used to respect Paul Krugman.

Krugman, the Clinton economic advisory, isn't in favor of Bernie. Not shocked.

Im starting to think this country doesn't deserve a candidate as pure as Bernie yet.

Here in Canada we have 4 massive banks and had a far smaller recession. Increasing things like capital requirements, and requiring firms to hold on to a significant portion of the assets they create (disincentivizing creating shit mortgages/other assets with bad counterparties supporting them), and generally creating a far more regulated banking industry solves this problem. I love Bernie's message generally but I wish his campaign would hire some folks with more expertise on financial regulation to outline a detailed plan on the type of regulations he'd like to use. Would really cause a big blow to Clinton if his campaign totally outsmarted her on this.

I'm disappointed in TYT here. You disagree with Krugman on a couple of points, it should be OK. HE IS ON YOUR SIDE. He is a progressive. You cannot deny that. Progressives should be allowed to disagree with one another from time to time without accusing each other of corruption. I read the piece several times and I don't think he is accusing Sanders of being racist or sexist. He is accusing him of lacking policy sophistication, with which is OK to disagree if you think so. But rather than simply disagreeing you are accusing him of covertly working for the Clinton campaign. Based on what exactly? Simply agreeing with her on some issues and by using 'Bernie bro'? On the issue of breaking up big banks, Krugman has criticized this idea since at least 2010: krugman.blogs.nytimes.com/2010/01/11/too-big-to-fail-fail-2/ And he might be right. The US government broke up AT&T and the former parts just continued acting as one entity - ripping off consumers and not competing with one another.

i really like krugman and he is a great economist. i don't understand his opeds though, this isn't his first attack on bernie

Bernie should get Joseph Stiglitz in his team. This guy would finish off Krugman

What's even funnier is this was the exact oped he wrote about Obama in 08. Cut and paste much Krugman?

Do we really need professors or would education be better with a technological criteria, professors are just people pushing their bias opinions and frankly with the internet today we don't need them.

Was always a fan of Krugman but I read this too and found his attitude in this commentary obvious. He is behind Hillary and it is so obvious. I am fine with someone having an opinion on a candidate but this is Hillary's issue politics takes place of respect for other opinions. Then they blame Republicans for being extremist?

I honestly thought that was Christoph Waltz in the thumbnail. I guess Hans LAnda has it out for Bernie, too, huh?

Now, I have to dismiss Krugman? Say it ain't so!

This man has lost all credibility and the NY Times for printing.

Why is expressing an opinion an "attack" and "smear"? The article itself doesn't have the smirk that's in Cenk's voice when he quotes.

Seriously, you're saying Paul Krugman doesn't understand economics? You realise he is a Professor of Economics who graduated from Yale & MIT? I'm not a great Krugman fan but trying to claim he doesn't know about economics is kinda like saying Hillary isn't qualified for President. I guess that's just the colour of the sky in BernieWorld

"Mmmmm enraged me" 😂😂😂

He's absolutely gross.

This is the single least literate, most condescending nonsense I've ever been unfortunate enough to watch. I'd recommend you spend some time in a real economics course, such as the one which Nobel Prize winning economist Paul Krugman teaches. Furthermore, in future please try to refrain from creating such blatant straw man arguments when trying to make a point, and refer to the actual text in question.

" Oh what a tangled web we weave - when first we practise to deceive ! From Krugman to Crookman. Enjoy your 30 pieces of silver Paul.

Austan Goolsbee, the economist, compared the realism of the Sanders economic agenda to “magic flying puppies with winning Lotto tickets tied to their collars.”