The belief in a supernatural source of evil is not necessary; men alone are quite capable of every wickedness. — Joseph Conrad
We need not worry so much about what man descends from–it’s what he descends to that shames the human race. — Mark Twain
Doomed, but cute: Prof. K. seems to believe the Republicans are genuinely ignorant, while I go with deliberately dishonest.
…A few years ago the same people now attacking F&F for promoting loans to low-income borrowers were attacking F&F for … not promoting loans to low-income borrowers. Back then they castigated F&F by pointing to the fact that private lenders were making loans where the agencies refused to tread, now they say that it was F&F that lured the private sector into making those very same loans.
Whatever. It must be the government’s fault, because, you know, because.
The hypocrisy of the centrists: Just two weeks ago, the deficit was the great evil, and all the VSPs insisted that we needed fiscal austerity now now now. Then, magically, a big tax cut — increasing federal debt by more than the original Obama stimulus, and substantially raising the probability of making unaffordable tax cuts permanent — was the greatest thing since sliced bread.
Why, it’s almost as if all the concern about the deficit was a front for opposing anything progressives might want, to be dropped as soon as debt was being run up on behalf of conservative goals. But that can’t be true, can it? (Link. Emphasis added.)
Is DADT dead or a zombie? This isn’t repeal but maybe sometime in the future repeal or not.
Hey, look! The Times finds a little congressional corruption! Am I vindicated yet?
It’s amazing how much Our Leaders fail, accomplishing so very little, so infrequently, after so much effort….
Doomed (it’s actually ten times worse than this, I’d say):
When historians look back at 2008-10, what will puzzle them most, I believe, is the strange triumph of failed ideas. Free-market fundamentalists have been wrong about everything — yet they now dominate the political scene more thoroughly than ever.
It’s also worth pointing out that everything the right said about why Obamanomics would fail was wrong. For two years we’ve been warned that government borrowing would send interest rates sky-high; in fact, rates have fluctuated with optimism or pessimism about recovery, but stayed consistently low by historical standards. For two years we’ve been warned that inflation, even hyperinflation, was just around the corner; instead, disinflation has continued, with core inflation — which excludes volatile food and energy prices — now at a half-century low.
The free-market fundamentalists have been as wrong about events abroad as they have about events in America — and suffered equally few consequences. “Ireland,” declaredGeorge Osborne in 2006, “stands as a shining example of the art of the possible in long-term economic policymaking.” Whoops. But Mr. Osborne is now Britain’s top economic official.
President Obama, by contrast, has consistently tried to reach across the aisle by lending cover to right-wing myths. He has praised Reagan for restoring American dynamism (when was the last time you heard a Republican praising F.D.R.?), adopted G.O.P. rhetoric about the need for the government to tighten its belt even in the face of recession, offered symbolic freezes on spending and federal wages.
None of this stopped the right from denouncing him as a socialist. But it helped empower bad ideas, in ways that can do quite immediate harm. Right now Mr. Obama is hailing the tax-cut deal as a boost to the economy — but Republicans are already talking about spending cuts that would offset any positive effects from the deal. And how effectively can he oppose these demands, when he himself has embraced the rhetoric of belt-tightening? (Link.)
What a surprise! Doctors are corrupt too! Shocking!