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Politics : RAMTRONIAN's Cache Inn -- Ignore unavailable to you. Want to Upgrade?


To: NightOwl who wrote (14270)11/8/2008 5:36:59 AM
From: NightOwl  Read Replies (1) | Respond to of 14464
 
Well peeps... I'm not sure but I believe I've finally begun to "see the light"... or "lights" if accuracy is important to you. But let me explain.

After all the "current" events of the past 2 to 2000 years... I have read and listened to all the slack jawed dribbling optimists and pseudo rational pessimists I can stand. But try as I might... I could find no path by which this country could conceivably find a way out of the financial fraud and irresponsibility by which we Boomers have capped off the cultural paranoia and delusion bequeathed to us by our fore bearers.

Worse still, last night I saw Bill Moyers and Kevin Phillips... acknowledged Pessimist Emeritus... discussing the recent election results. Needless to say he has yet to find a definite "tunnel" much less any light at the end of one... but he did suggest one possibility for hope near the end of the interview:

BILL MOYERS: So what do you think the implication of that might be over the next four years?

KEVIN PHILLIPS: Well, I think the Democrats have to figure on trouble. The Republicans have to figure on some opportunity for a rebound. But I think mostly they both have to think about that in a lot of ways they're a duopoly, a double monopoly that no longer has meaningful ideas but has entrenched interests. And if that's true again, and I think it could be, then Americans are really going to start to say, "How do we get something new in this country?"

BILL MOYERS: Pat Buchanan said this week the conservative era is over. What do you think about that?

KEVIN PHILLIPS: Well, I think it's over in the sense that supply side and trickle down economics is gone for a while. I think that's fair to say. It's also clear that we have socialism coming in a big way. But it's socialism for the rich. You know, the profits go to finance but the liability of something goes wrong, well, that's the taxpayers. You know, that's the so what you've seen is conservatism in the old sense of free markets was totally trashed by Ben Bernanke and Hank Paulson, you know? Not your everyday garden variety Riverside Drive leftists.

So we now have socialism on right center. And I don't see that we come back to the free market stuff for quite a long time. But I would say is the bailout liberal? Is the bailout conservative? Or is it some hybrid? Or do those words not mean anything?

BILL MOYERS: State capitalism.

KEVIN PHILLIPS: Well, the bailout is state capitalism. But opposition to it, some of it's "conservative". Some of it's "progressive". And maybe these people in the end will have more in common than they realize and will start to vote together on some things. That could be an unexpected breakthrough.

pbs.org

Moyers didn't follow up on this point. Perhaps doing so was unnecessary for most... but in the likely event that I am not the only dim bulb in the circuit I will expand on this idea and connect it to a few historic dots in a follow up post sometime this weekend... One I will call:

Just How Bad IS It?

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