"So take this broken offering and make me whole,
Set my feet upon the road that leads me home,
let me walk as one fixed upon the goal,
even though I've got a thousand miles to go..."

Thursday, March 26, 2009

Using the Crisis

I haven't done a political post in awhile, but this article was really too interesting to pass up. Credit goes to Ryan for sending this my way.

No, he can't

Here are a couple of my favorite excerpts:

"Education, energy and healthcare policy in the US, as almost anywhere, all need help. But are America’s flaws in these areas really the causes of the housing bust and the paralysed banking system? What about the cyclical contractions that follow all economic booms? What about a decade and more of absurdly cheap money? How about all that Fannie and Freddie-fuelled lending to inappropriate borrowers? What happened to lax oversight? What about greed, that comforting straw man? No, according to Obama, we are losing our jobs and being kicked out of our excessively mortgaged houses because America lacks universal healthcare, federally sponsored nursery school, university for all, and a progressive emissions-oriented energy policy."

"Now the real Obama has stood up. The moderate and sustainable version of the Democratic party personified by Presidents Kennedy and Clinton, based on personal responsibility and low tax, high growth economics, is under the bus with Reverend Wright, Obama’s 20-year religious mentor. Ideology is back. Coming from the most radical presidential candidate in the history of either party, this is no surprise. But to practical Democrats in a politically moderate country that is still based on a philosophy of robust individual freedom, this revolutionary expansion of the federal government is very worrying. Obama’s seizure of so much money and so much decision making in such basic areas of everyday life implies too much debt, too much inefficiency and too much control for a corrupt and distant political class. This is not the change that we sought."

And no, this is not from one of my favorite conservatives-only sites. Here's what Prospect Magazine's Web site says:

"Prospect has acquired a reputation as the most intelligent magazine of current affairs and cultural debate in Britain."

1 comment:

Anonymous said...

Excellent article. ;)

Seriously though, the solution to "Bush's unwinnable war" is to... continue the war. The solution to horrendous Republican deficits is to... triple those deficits in one-third the time. The solution to keeping political leaders from using fear to get votes for their pet causes is to... make dire predictions about the "next Depression," ram home a stimulus bill that no one actually read, and then brag openly about "using this crisis" for political gain.

Lincoln? Reagan? Naw. The guy's Bush. He's just not as good at it.

--Ryan