Paul Krugman on the economy and bail out plan

Paul Krugman, New York Times columnist and professor of economics and international affairs at Princeton University, appeared on Rachel Maddow and Bill Maher on Friday to discuss the economy and the Bush Administration plan.

Here is Krugman on Maddow's show:

Here is Krugman later on Friday on Maher's show. I couldn't find a video without the McCain spoof ad, but get past that (if it offends you) and check out what Krugman has to say.