Comments on: NOW Paul Krugman Is Against Big Government? http://www.stoptheaclu.com/2008/09/23/now-paul-krugman-is-against-big-government/ Beating Them With Their Own Sickle And Hammer Sun, 22 Nov 2009 18:50:16 -0500 http://wordpress.org/?v=2.8.2 hourly 1 By: Thomas Arad http://www.stoptheaclu.com/2008/09/23/now-paul-krugman-is-against-big-government/comment-page-1/#comment-98473 Thomas Arad Wed, 24 Sep 2008 16:39:42 +0000 http://www.stoptheaclu.com/?p=13015#comment-98473 It is genuinely difficult to even start responding to such a disjointed argument. Fact is, the Paulson proposal is unprecedented enough to transcend not only the Democrat-Republican divide but also the history of democracy itself. Even the moderately literate should easily see that it amounts to nothing more than a legally-immune wealth transfer from the public to selected financial institutions. The same financial institutions that got themselves into the mother of all meltdowns while fleecing the public at large, that is. So, now, Mr. Paulson, former Goldman Sachs CEO, after having amassed 750M for himself "en passant", wants us to bail out - among others- Goldman Sachs...Second, about 9/11 and "the American people wanted blood" etc..I hope you got enough blood by now, American and Iraki alike, (albeit the hijackers were mostly Saudis and Yemenis); if you believe that it brought peace and stability, then your lobotomy did not work as intended to start with... It is genuinely difficult to even start responding to such a disjointed argument. Fact is, the Paulson proposal is unprecedented enough to transcend not only the Democrat-Republican divide but also the history of democracy itself. Even the moderately literate should easily see that it amounts to nothing more than a legally-immune wealth transfer from the public to selected financial institutions. The same financial institutions that got themselves into the mother of all meltdowns while fleecing the public at large, that is. So, now, Mr. Paulson, former Goldman Sachs CEO, after having amassed 750M for himself “en passant”, wants us to bail out – among others- Goldman Sachs…Second, about 9/11 and “the American people wanted blood” etc..I hope you got enough blood by now, American and Iraki alike, (albeit the hijackers were mostly Saudis and Yemenis); if you believe that it brought peace and stability, then your lobotomy did not work as intended to start with…

]]> By: Travis Monitor http://www.stoptheaclu.com/2008/09/23/now-paul-krugman-is-against-big-government/comment-page-1/#comment-98350 Travis Monitor Tue, 23 Sep 2008 13:14:41 +0000 http://www.stoptheaclu.com/?p=13015#comment-98350 I think the Spectator says it all: http://www.spectator.org/dsp_article.asp?art_id=13927 Democrats in the Senate and House believe that if they can string out negotiations on the federal financial markets bailout through Tuesday, "we can get everything we want and more, including solidifying the Obama campaign," says a Senate Banking Committee staffer working for the majority. "Let's see what the White House has to say when the market is cratering again." The aide said that that opinion, while shocking, reflected a belief among many Democrats that Wall Street "isn't our friend, and we really don't gain much from bailing them all out." On the other hand, senior Democrats, including Senate Majority Leader Harry Reid, believe they can still gain all concessions on the bill, plus gain long-term political points this election cycle by "stringing this thing out to Thursday, or just letting the whole deal collapse." I think the Spectator says it all:

http://www.spectator.org/dsp_article.asp?art_id=13927

Democrats in the Senate and House believe that if they can string out negotiations on the federal financial markets bailout through Tuesday, “we can get everything we want and more, including solidifying the Obama campaign,” says a Senate Banking Committee staffer working for the majority.

“Let’s see what the White House has to say when the market is cratering again.”

The aide said that that opinion, while shocking, reflected a belief among many Democrats that Wall Street “isn’t our friend, and we really don’t gain much from bailing them all out.”

On the other hand, senior Democrats, including Senate Majority Leader Harry Reid, believe they can still gain all concessions on the bill, plus gain long-term political points this election cycle by “stringing this thing out to Thursday, or just letting the whole deal collapse.”

]]>