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I don't think many people understand what the last week symbolized financially....

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RollWithIt Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-21-08 04:15 PM
Original message
I don't think many people understand what the last week symbolized financially....
Edited on Sun Sep-21-08 04:26 PM by RollWithIt
In the last week the final nail came down on the Republican Party's Free Enterprise, No Regulation, No Oversight on Corporate Malfeasance, and No Accountability Tax Culture.

Trickle Down Economics is dead. Voodoo economics has finally collapsed. A Republican President has officiated over perhaps the worst economic disaster in American History. Our government in 2000 was operating a surplus. Eight years later our deficit is going on tripled, above 10,000,000,000,000.00 in debt. Over 10 Trillion Dollars in Debt.

And the Republican Solution to avert worldwide financial meltdown, great depression unseen since Hoover and may even worse?

Print more money. Give it away to the same assholes who screwed it all up in the first place. 700 Billion in free bailouts to the entire banking industry that has RAPED the American people for the last 8 years.

But what about the regular person who has suffered through this in Main Street America. Anything for them? Nothing. Nada. Zilch. Fuck off.


In closing, I welcome you to read this article in "The Nation." In the end, history will speak for itself.

http://www.thenation.com/doc/20010514/dreyfuss

SNIP!!! From April 2001:

Stocky, bearded and owlish, Norquist, 45, is a thumb-in-the-eye radical rightist whose tactical sophistication and singularity of purpose has led observers to compare him, with some drollery, to Lenin. A Harvard-educated intellectual and self-conscious student of the left, over the past decade Norquist has eclipsed such older stalwarts as Ed Feulner of the Heritage Foundation, David Keene of the American Conservative Union and Paul Weyrich of the Free Congress Foundation to emerge as the managing director of the hard-core right in Washington. But while firmly planted on the extreme end of the political spectrum, Norquist has also built a solid working alliance with the Fortune 500 corporate elite and its K Street lobbyists. "What he's managed to do is to chain the ideological conservatives together with the business guys, who have money, and to put that money to work in the service of the conservative movement," says Roger Hickey of the Campaign for America's Future, who's repeatedly clashed with Norquist. "And he picks big issues." Besides taxes, Norquist is also the go-to guy on virtually all of the right's favorite agenda items, from privatization of Social Security and Medicare to school vouchers and deregulation.

Norquist gained notoriety as former Speaker of the House Newt Gingrich's right hand in the mid-1990s--helping to design the 1994 Contract With America and rallying the right's grassroots to go to the polls that year, a drive he chronicled in his book Rock the House. When Newt crashed and burned, Norquist survived to become an ally of Gingrich successors, including Tom DeLay, the House majority whip, and Dick Armey, the majority leader. And since late 1998 Norquist has been George W. Bush's unofficial liaison to so-called movement conservatives.

Yet even while emerging as a Washington power broker, Norquist has held on to the irreverent, in-your-face style that has been his trademark since his earliest days as a college activist in the 1970s. "I've been a 'winger' from way back," he says. "I was an anti-Communist first, and then I became an economic conservative. I think I've gotten more radical as I've gotten older." Today, he can barely suppress his glee at how much the movement has succeeded, saying that politics is shifting to the right while he remains constant. "I started out as a right-winger, and when I retire I want to be a squishy middle-of-the-roader," he jokes, chortling at the thought. To Norquist, who loves being called a revolutionary, hardly an agency of government is not worth abolishing, from the Internal Revenue Service and the Food and Drug Administration to the Education Department and the National Endowment for the Arts. "My goal is to cut government in half in twenty-five years," he says, "to get it down to the size where we can drown it in the bathtub."



Well, you almost destroyed the entire nation in 8 years. Congratulations you sick fucking asshole. I hope you are broke now too.
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ayeshahaqqiqa Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-21-08 04:17 PM
Response to Original message
1. Uh, you lost me when you said
The Nation is a right wing conservative economic mouthpiece.
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gristy Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-21-08 04:19 PM
Response to Original message
2. So, I don't understand...
And you're going to clue me in?
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BlueManDude Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-21-08 04:20 PM
Response to Original message
3. Final nail? Don't kid yourself. They're going to steal this money now and they won't change...
their tune one bit. Don't you see it was THE GOVERNMENT that caused this mess to begin with?
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RollWithIt Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-21-08 04:26 PM
Response to Reply #3
5. Confused....
isn't that what I just said? The Republican Government?
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ColbertWatcher Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-21-08 04:20 PM
Response to Original message
4. I understand it ...
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