Yes, Where's Theirs?
The title on this story captures the prevailing ethos perfectly. Could the already fragile global financial system survive the loss of $7.95 stock trades with the first ten trades free?
In the years to come, it will be important to remember how and when all this started. Don't expect the usual suspects on the Right to help out. Have you noticed their very general anti-bailout tone has gotten more strident since the election? There's been some obligatory criticism of Hank Paulson, but the newfound indignation is conspicuous for not being more specific or going any higher than that -- despite now-breathtaking statements like this. How restrained would the rhetoric be right now if a President Kerry or Vice President Edwards had said that, then fundamentally and perhaps permanently undermined the basic tenets of U.S. capitalism in less than a year?
In the years to come, it will be important to remember how and when all this started. Don't expect the usual suspects on the Right to help out. Have you noticed their very general anti-bailout tone has gotten more strident since the election? There's been some obligatory criticism of Hank Paulson, but the newfound indignation is conspicuous for not being more specific or going any higher than that -- despite now-breathtaking statements like this. How restrained would the rhetoric be right now if a President Kerry or Vice President Edwards had said that, then fundamentally and perhaps permanently undermined the basic tenets of U.S. capitalism in less than a year?
posted by The Cunning Realist at Sunday, November 23, 2008
2 Comments:
CR:
Instead of expecting a US conservative backlash in the US causing more militarism abroad events from now on will look quite similar to how the British empire ended. This book is a good read for you :
http://www.alibris.co.uk/booksearch.detail?S=R&bid=9688835582&cm_mmc=shopcompare-_-base-_-isbnUK-_-na
Dick Dastardly.
That last sentence applies to anything and everything that has been done in the last eight years. If the perpetrators had had (D) after their names we would have lost count of the special prosecutors by now.
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