- “I went against my free-market instincts”
- “They gave your mortgage to a less qualified minority”
- “You lie”
- The economy didn’t go into recession – it just slowed down
- The auto industry
- De-regulation of the financial industry
Having a “free market” instinct in a world so far removed from the idea of a free market, is a “remarkable” achievement or something. But it would be nice if the neocons could, in this global economy, outsource themselves and their ideas to a “banana republic” in order to help that “banana republic” and perhaps “refine” their free-market skills. Surely a developing country would clamor to have the economic skills of the neocons at their disposal – RIGHT?
“They gave your mortgage to a less qualified minority” was one of the earlier reasons given for the wrecking of America’s economy on the neocon’s watch. “Less qualified minorities” likely had no idea they could, single-handily crash America’s economy.
“You lie” may be inappropriate language for Politicians while in the world spotlight but perhaps it was a very late reaction to an American economic condition of years ago. Perhaps it was a belated response to the R-E-C-E-S-S-I-O-N condition.
President Bush said in April of 2008 – America is not in recession. But the Business Cycle Dating Committee of the National Bureau of Economic Research gave December of 2007 as the start of America’s recession. Congressman Joe Wilson had an excellent chance to tell another American president “You lie”. And the good Congressman(Republican) from South Carolina could have added, “and I have proof”.
The economy didn’t go into recession – it just slowed down: See “You Lie”
The auto industry is a favorite whipping boy of the neocons. During the r-e-c-e-s-s-i-o-n, it was Tennessee’s turn to whip on the auto industry. The neocons have fewer solid supporters in the auto industry than in the financial industry. So, it was lassie faire for the financial industry while it was “foot on the neck” for the auto industry.
De-regulation of the financial industry is an easy component of both the “free-market” and “voodoo economics”. The free market concept would totally destroy the organized super-structure of the economy while voodoo economics would focus more on deregulation of industries. Economic death is likely for both – but one would be slower than the other.
Faith-based economic ideas are as hard to dislodge as any other faith-based ideas. America now has two economic crashes under its belt – both under the rein of the Republican party. But the latter-day neocons are the most radical in every category of the political experience. They have reduced America’s economy to train-wreck status. They have reduced the CIA to an agency that stoops as low as selling cocaine to America’s citizens. They have reduced the CIA to barbaric interrogation practices – needed to supplant a lack of evidence against their chosen victims. They have reduced the CIA to a closed, almost autonomous organization no longer responsible to the American people.
[It is difficult to comprehend why America has been “dilly-dallying” with the neocons for as long as it has. It is understood that America’s bell curve population contains some of everything – but this is the first time in a long time that a political party had done “bottom fishing” in an attempt to stay in power.]
A fool and his country are soon parted.
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Tags: America's economy, auto industry, bottom fishing, financial industry, foot on the neck, free market, free-market instinct, lassie faire, latter-day neocons, less qualified minority, you lie
