How shocking. An American hating Soros toady endorsed by The Communist Party U.S.A. wins the Nobel Prize. It’s almost as if the committee has a political agenda…

From Fox:

STOCKHOLM, Sweden — Paul Krugman, the Princeton University scholar and New York Times columnist, won the Nobel prize in economics Monday for his analysis of how economies of scale can affect trade patterns and the location of economic activity.

Krugman has been a harsh critic of the Bush administration and the Republican Party in The New York Times, where he writes a regular column and has a blog called “Conscience of a Liberal.”

He has come out forcefully against John McCain during the economic meltdown, saying the Republican candidate is “more frightening now than he was a few weeks ago” and earlier that the GOP has become “the party of stupid.”

“Krugman is not only a scientist but also an opinion maker,” economics prize committee member Tore Ellingsen said. He added that Krugman’s analyses tend to back free trade and his research gives no “support for protectionism.”

But he does offer support for Marxism:

In contrast to his treatment of U.S. financial officials, Krugman has praised leaders in Britain for their response to the global financial crisis.

In an Oct. 12 article on the New York Times’ Web site, Krugman wrote that British Prime Minister Gordon Brown and Chancellor Alistair Darling “defined the character of the worldwide rescue effort, with other wealthy nations playing catch-up.”

Whereas U.S. Treasury Secretary Henry Paulson rejected a “sort of temporary part-nationalization” involving governments giving financial institutions more money in return for a share of ownership, the British government “went straight to the heart of the problem … with stunning speed.”

Krugman said the major European economies have “in effect declared themselves ready to follow Britain’s lead, injecting hundreds of billions of dollars into banks while guaranteeing their debts.”

“And whaddya know,” Krugman continued, “Mr. Paulson — after arguably wasting several precious weeks — has also reversed course, and now plans to buy equity stakes rather than bad mortgage securities.”

Our government’s plan to nationalize the economies is supported by a man who claims Republicans are fascists. Ironic considering how Fascism works.