I have seen the future, and it is the past. The British government nationalized the Bank of Scotland today. It threatens to similarly absorb Barclays and Lloyds of London. Apparently, the folks across the ocean--it's not a pond, but a salty ocean--paid attention to George W. Bush's nationalization of AIG, the world's largest insurance company. Socialism has always and everywhere failed. That is the lesson of the last 100 years. Did these nimrods skip history class when the subject turned to "the twentieth century"?
There's always somebody who thinks they can do it better.
It is quite amazing how seemingly smart people don't pay attention to the past. My contention is that they think they're so f'ing smart that they can successfully re-design failed philosophies and get them to work. This is a typically elitist and ego driven attitude.
Bottom line is that they will likely F it up. Again.
Or are they smarter than we think and there is a plan afoot? If there is, it won't be good for the masses.
** enjoy the spectacle . . . you’re in the chorus line **
Yeah, I was looking forward to Great Depression II, the musical -- starring all-American ultra-right thugs who proved once more that government really exists to bail to out failed, reckless “private” mega-institutions and provide murderous toys to tin-plated Napoleons in waiting.
As Hegel said, "philosophy can't lure a dog from beside a warm stove." Only material forces can motivate ideologically deluded idiots to save themselves from disaster.
Hasn't it been fun watching Bush and Paulson abandon their hands-off-our-buddies ideology -- well, even great god Reagan had to have himself bailed from S&L disaster. Leave it to puny emperor George II to maintain his life-long losing streak.
No more chances for a while -- and take Old Salty and Sister Sarah with you as you leave the stage.
bipolar2
The Congressional Democrats, including Obama and Biden, voted overwhelmingly for this bailout. The only group that showed any prudence was the House Republicans, i.e., your "ultra-right thugs."
Like with the sugar act, etc., this will be a case where the government will sell something at a loss and the taxpayers pay for it twice.
Those who engineered this bailout are not "right wing." They may hang out with the conservatives, but they are in fact "upside down" socialists. Dan stated this very eloquently weeks ago.
Be well,
Sponge
Dan,
Don't drag a bunch of facts into this. You'll confuse poor bip2. Remember, dem good, repub bad. It's easy.
"It is quite amazing how seemingly smart people don't pay attention to the past."
So, didn't you vote for one of those 'smart ones', you know, the one who proposed the bill, a.k.a. mr. bush? What does that make you?
"The only group that showed any prudence was the House Republicans, i.e., your "ultra-right thugs."
What if we then threw out lables like 'your not being patriotic' and 'terrorist' at you, like the mud that was slung after the hippie protested a ridiculous war. They were certainly the minority on the situation standing up for personal 'values'.
why don't you ever do articles about people like this: http://www.youtube.com/watch?v=KjxzmaXAg9E
it is relevant.
are you listening asdf?
No. Not really. I don't listen to morons as I have nothing to learn from them
Have I told you, lately, to STFU?
no wonder you can't hear yourself blabber on...
You know I read this blog often and even though I don't always agree with Dan's views by and large
I have to say that the majority of the time his commentary is prudent and honest. For that reason I have to say it is really disheartening when the comment section fails to measure up to the actual blog. I'm aware that people have disagreements but does it really have to descend into some myspace like fight where the deepest thing being said is "STFU"? I'm not trying to point fingers, I'm just pointing something out that has really bugged me for a while. To paraphrase a common cliche, "If you can't say anything intelligent don't say anything at all." Man the world would be a much better place if that rule was followed
