"Government messes up everything it touches," said CNBC's stock wonk, Dennis Kneale, and everyone on my TV screen chuckled and agreed.
He was talking about the U.S. government's plan to fix the economic mess we're in. There was a meeting yesterday evening between all kinds of government workers: cabinet secretaries, federal reserve governors, senators and members of congress. You had both Republicans and Democrats. And today, I haven't heard of a single participant who disagreed with the need for the government to do something dramatic.
And yet, CNBC's goof knows that the U. S. government will make a mess out of things.
Excuse me, but it is people like him and his buddies who caused the situation. It was the Republican right-wing goof-balls who got the government off the backs of investment banks. What happened was that greed kicked in, and we were standing on the edge of economic melt-down.
A few minutes earlier, CNBC was interviewing one of the string of "experts" who explained the situation to ignorant guys like me. We just fell off the back of a turnip truck, you know. This "expert" started by saying that he questioned his own support for government action when he heard that Sen. Barack Obama supported it. What we are supposed to know is that Sen. Obama isn't capable of supporting anything that works or is beneficial.
A bit later, CNBC identified their "expert" as a writer for The Wall Street Journal. In other words, he is an employee of Rupert Murdock, one of the most bizarre right-wing guys in business.
The universe knows what to do with a vacuum. It stuffs whatever it finds into it. The universe takes whatever means it has to destroy any vacuum it finds. Senators Phil Gramm and John McCain got laws passed and signed to deregulate everything in sight. Without government controls, the marketplace came in with its own set of controls.
Tell me what I'm supposed to do when a right-wing tyrant buys up every newspaper in sight? The marketplace says I need to go elsewhere, but there isn't an "elsewhere" because one guy owns everything.
Government may mess things up, but I know what to do with a senator or president who messes things up. I work to get them defeated. That isn't always successful because incumbents have an advantage. It isn't always successful when one lives in Texas (where citizens elected George W as governor and president. Twice!)
It isn't always successful, but it is possible. I want public policy to be debated in public by people who are accountable to the public, not in a board room where the participants do things solely for their own personal benefit.
The government is the worst group for deal with this economy... except all the other groups.
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