"....Conservatives have been looking hard for ways to blame the current economic mess on the public, or cruel taxes, or those shifty brown people. They've assured us that the market will just fix itself, if we do blah blah blah. And they've got a thirty year history of being so completely wrong about anything even vaguely associated with any of this stuff that you'd have to be a very special kind of moron to believe them about anything, at this point. What exactly about "let business make up it's own, less stringent accounting rules" was working, in the past? Where are the piles of cash that were supposed to be generated from tax cut after tax cut on the most wealthy? How has that all been working out, during this administration? "Serious voices have been talking about institutional fixes like a transaction tax, rules for short selling, etc., and shorter term fixes like mortgage relief, liquidity fixes and the like, but all the Republicans can fart out is "more tax cuts for business!" and "deregulate, so business can do what they like!" Of course. Let's all pretend that there's any rational logic involved in just throwing more tax cuts at the companies, in the hopes that their slightly-improved bottom lines will eventually "trickle down" enough to make up for the gawdawful mountain of debt about to be piled on us. "We live in a damn kleptocracy. Face a financial crisis, or do whatever business wants: that's the only apparent choices under consideration here. I hope that if the worst happens and another truly large depression does come, the American people have the collective resolve to tar and feather all these people. We can send them out into the ocean on a garbage barge with an ample supply of food, water, and talking points, and whichever country wants its economy similarly wrecked is welcome to give them a home." - - - Hunter |
October 01, 2008
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