Krugman's trying to turn the tide against Obama's mid-term critics, pointing out that the "masters of the universe" are fleeing back to the Republican Party, all while the right condemns Obama from a populist standpoint.

Dr. Krugman comments on the vehemence of the corporate and corporate allied (domestic) enemies that the Obama administration faces.

Krugman describes how the nation's corporations -- actually, the folks at the top of the food chains in these corporations -- are contributing inordinate amounts of money to the Republican party. This is because, presumably, these corporate magnates fear that the Obama administration will raise their taxes back to Clinton-era levels (shudder) and, worse, enact regulations that favor the public interest more than the magnates' self-interest. Pity.

Roosevelt caused damage we never recovered from. He slowed the recovery from the depression by trying to help, just as the government always does. Their help hurts. Obama is opposed because he is a Marxist in word and deed. The opposition will gain in weight and strength. One term only, if that.