Change in Presidential Philosophy
Who ever would have predicted a quip such as this one 8 years ago:
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“The Bush administration, which took office as social conservatives, is now leaving as conservative socialists.”
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These are truly interesting times . . .
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Source:
Smart Globalization Initiative
Allan Mendelowitz
http://www.newamerica.net/events/2008/confronting_economic_meltdown
Monday, October 13, 2008 | 03:30 PM | Permalink
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Comments
remeber that when you vote
www.underconsideration.com/.../WeAreFucked.jpg
Posted by: Bob A | Oct 9, 2008 2:37:31 PM
What's the difference between the two?
Regards,
TDL
Posted by: TDL | Oct 9, 2008 2:38:03 PM
The last political party that were "conservative socialists" ran Germany from 1933 - 1945. As a former Republican, I will be relieved first if Obama wins and second if he actually takes power. I have seen some posts here from Mark E. Hoffer on certain scenarios improbable to most (but not me), so I am trying not to be on pins and needles until January 20.
Posted by: CNBC Sucks | Oct 9, 2008 2:41:21 PM
He'll take power...right wingnuts said back in 2000 that Clinton would refuse to leave office too.
Posted by: Steve Barry | Oct 9, 2008 2:47:40 PM
These are truly interesting times . . .
I for one am really getting tired of hearing this phrase lately. What the hell is so "interesting" about the times. Something tells me 20 years from today I won't be looking back on this with fond memories and talking about how interesting of a time it was.
Posted by: ben | Oct 9, 2008 2:52:03 PM
Bush neither cares nor knows the difference.
I just wonder, in his early retirement, what he will do with his spare time besides "clear brush" at that hellhole of his in Crawford. Nobody will be inviting him to any speaking gigs, since no one will give a crap about what he has to say.
about anything.
Posted by: Paul in NYC | Oct 9, 2008 2:55:00 PM
I believe this a more accurate reflection than the original quote:
The Bush administration, which took office riding false claims of being social conservatives, turned out to be corporate socialists, having more in common with brown shirts than white collars.”
Posted by: Winston Munn | Oct 9, 2008 2:55:14 PM
The Tyranny of the Urgent.
Posted by: wally | Oct 9, 2008 2:55:48 PM
@Ben @2:52 pm
There is a curse that goes "May you live in interesting times" which is a left-handed way of saying that "interesting times" can be hell.
Posted by: batmando | Oct 9, 2008 2:58:39 PM
It's nice to see so many realize that Bush et al hoodwinked us....but do you also realize that Obama is a Marxist stepping into a scenario where regulation will be seen as "good and necessary".
Methinks we will be hoodwinked again.
Posted by: Paradox | Oct 9, 2008 3:00:18 PM
Tyranny of the Incompetent.
Everywhere you look around you, you'll see another clueless person who can barely tie their own shoes. We have enormous excess capacity in all walks of life, with only one person in ten who knows how to actually do anything and nine bullshit artists who work in public relations (aka "lying").
Posted by: leftback | Oct 9, 2008 3:02:47 PM
DOW under 9,000. The slow-mo train wreck continues......
Posted by: Jeff M. | Oct 9, 2008 3:03:10 PM
Someone funny said that this crisis is the occasion where GWBush has first proved that he is a compassionate conservative -- to banksters.
Posted by: Blissex | Oct 13, 2008 4:00:33 PM
Barry,
check out the chart you sent us on September 19th...
http://bigpicture.typepad.com/comments/2008/09/industrials-big.html
This looks like a complete repeat
Posted by: Kenton | Oct 13, 2008 4:02:07 PM
Bravo Winston!
Posted by: catman | Oct 13, 2008 4:07:47 PM
1,000 pts? Really? Wall Street is less stable than putting my money on red in AC.
Posted by: Brian | Oct 13, 2008 4:10:04 PM
The government has finally caught up to the problem and put in place a solution that will fix everything. They're late to the party and some things they said before ("...it's contained...") didn't seem to be as right as I thought they were, but I'm sure this time they're spot on. The Dow is up nearly 1000 points. Thank god this crisis is over so I can go back to planning for 15% mutual fund returns every year. Where are my credit cards, I need to get out there and start spending again!! It's good for the economy.
Posted by: Long on Sarcasm | Oct 13, 2008 4:28:23 PM
I couldn't believe the action in the last half hour. What did Paulson do, set up a buy two to every one share sold of the dow? I suppose he could because it's our money, not his. It won't work but it certainly is the good old college try. Hank must think he's playing hockey with a bulldozer. If this guy wasn't worth 500 million I'd feel sorry for him. This guy is following the Bush Hindenburg tragectory.
As to Bush, he'll keep on doing what he's always done; be a front man for certain moneyed groups. He'll smile in public and threaten in private and he'll be well paid. He could care less about America.
Posted by: AGG | Oct 13, 2008 4:31:50 PM
An article that reinforces Barry's arguments against the slander regarding the CRA and the subprime and now credit crisis:
http://www.mcclatchydc.com/251/story/53802.html
Basically, 84% of the sub-prime loans made were by private lending institutions not subject to the CRA.
Posted by: viktor | Oct 13, 2008 4:33:21 PM
Lost count of the number of advisers on CNBC telling Joe Retail Investor that it's bad bad bad to take your money out of the market when it's plummeting!
Ironic, ain't it, that these analysts are basically the same people who have convinced the average schmo that "you know how to handle your money better than the government."
So here stands Wall Street with its hand stuck straight out waiting for government cheese, and there's McCain still claiming that trickle-down ReaganoThatcherNomics works.
Talk about sending mixed messages.
See also: John Oliver's Daily Show analysis of undecided voters.
Posted by: The Original DC | Oct 13, 2008 4:40:26 PM
Obama a Marxist? I thought he was a Muslim...
Oh right! that is another one of those gross misrepresentations that get bandied about in elections.
Posted by: kingtone | Oct 13, 2008 4:42:55 PM
I have seen some posts here from Mark E. Hoffer on certain scenarios improbable to most
CNBC Sucks | Oct 9, 2008 2:41:21 PM
Mr Hoffer's scenarios define improbability.
And actually you're completely wrong about 1933-1945 when the govt you refer to was a criminal conspiracy. Terms like socialism and nationalism are largely irrelevant in the context of the Nazi party they destroyed nationalists and socialists. In fact the Christian Democratic administration that ran Germany from the late forties to the late sixties was essentially a conservative socialist government as for that matter was Churchill's through Alec Douglas Hume's conservative govt's in Britain which was roughly contemporaneous. They are the perfect definition of Disraeli's claim that the best govt's were Tory men and Liberal measures. The social welfare programs they put in place, and tight management of the economy, were aimed at avoiding a reoccurrence of the polarization and nationalism that led to Fascism in the twenties/thirties.
Posted by: John(2) | Oct 13, 2008 4:44:00 PM
As long as nothing terrible happens overnight tomorrow the bond money comes into the market.
Posted by: John Borchers | Oct 13, 2008 4:48:51 PM
Socialist, Scientific Socialist, fascists, nazis, State Capitalists..............
does it matter?
Posted by: ilsm | Oct 13, 2008 4:52:39 PM
In his studies, Laurence W. Britt claimed to have found 14 characteristics common to all fascist regimes:
1. Powerful and continuing expressions of nationalism.
2. Disdain for the importance of human rights.
3. Identification of enemies/scapegoats as a unifying cause.
4. The supremacy of the military/avid militarism.
5. Rampant sexism.
6. A controlled mass media.
7. Obsession with national security.
8. Religion and ruling elite tied together.
9. Power of corporations protected.
10. Power of labor suppressed or eliminated.
11. Disdain and suppression of intellectuals and the arts.
12. Obsession with crime and punishment.
13. Rampant cronyism and corruption.
14. Fraudulent elections.
Well, all I can say is: Bingo!
Posted by: Winston Munn | Oct 13, 2008 5:00:43 PM
