Posted on 07/20/2010 4:03:24 AM PDT by Hojczyk
As over-leveraged investment houses began to fail in September 2008, the leaders of the Republican and Democratic parties, of major corporations, and opinion leaders stretching from the National Review magazine (and the Wall Street Journal) on the right to the Nation magazine on the left, agreed that spending some $700 billion to buy the investors' "toxic assets" was the only alternative to the U.S. economy's "systemic collapse." In this, President George W. Bush and his would-be Republican successor John McCain agreed with the Democratic candidate, Barack Obama. Many, if not most, people around them also agreed upon the eventual commitment of some 10 trillion nonexistent dollars in ways unprecedented in America. They explained neither the difference between the assets' nominal and real values, nor precisely why letting the market find the latter would collapse America. The public objected immediately, by margins of three or four to one.
(Excerpt) Read more at spectator.org ...
A simple title search on the word "revolution" brings up all four.
This sort of thing dilutes discussion and should be avoided. And this appears to be a quite important article that should be getting more discussion, and not less due to dilution.
The earlier thread with the most responses:
America's Ruling Class -- And the Perils of Revolution
|
07/16/2010 4:35:54 AM PDT · by rellimpank · 159 replies
|
I agree with Hojczyk - this article is important enough to be kept near the top of the forum.
We should all print it off and read it several times and then make sure to share it with our friends. It needs to go viral.
I don’t think there’s any harm in reposting it.
I have read it twice. It’s vital. It explains RINOs and why they act as they do. It names the enemy very clearly.
Something else I would highly recommend is ‘Lost In The Meritocracy’ by Walter Kirn. He’s not conservative by any means but his story of slouching through Princeton is a confirmation of why the Ruling Class is uneducated and terribly uninformed. Culturally ignorant. A thirst for power without having even any simple management skills.
So bump it. I agree with all else you say. But multiple postings of the same article is NOT how FR is supposed to work, for a variety of reasons.
Now go post the story elsewhere. That’s what I’m about to do.
Well, the 6th or 7th time was the charm for me :)
bump for later
I appreciate the re-post, as I’d never seen it before. Bumping ain’t what it used to be, it appears.
The disconnect between our rulers and the rabble smells
like Paris 1789!
bump for later
Don’t listen to the Freeper cops. Bump for one of the best articles I’ve read in years. It’s worth the repost to get those who haven’t seen it yet.
Thanks, I had missed this, and it was a great read that was worth the time it took to read.
I especially appreciate Codevilla's tracing the roots of big government to Woodrow Wilson and FDR's expansion. For our nation to succeed, we must remove the political elite from their positions of power and replace them with leaders who sincerely envision and articulate limited government.
Here is one of the best parts of the article:
Disregard for the text of laws -- for the dictionary meaning of words and the intentions of those who wrote them -- in favor of the decider's discretion has permeated our ruling class from the Supreme Court to the lowest local agency. Ever since Oliver Wendell Holmes argued in 1920 (Missouri v. Holland) that presidents, Congresses, and judges could not be bound by the U.S. Constitution regarding matters that the people who wrote and ratified it could not have foreseen, it has become conventional wisdom among our ruling class that they may transcend the Constitution while pretending allegiance to it.
And here is another gem:
America's best and brightest believe themselves qualified and duty bound to direct the lives not only of Americans but of foreigners as well. George W. Bush's 2005 inaugural statement that America cannot be free until the whole world is free and hence that America must push and prod mankind to freedom was but an extrapolation of the sentiments of America's Progressive class, first articulated by such as Princeton's Woodrow Wilson ...
Assuming Mr. Bush really did say such blather; that remark by itself shows what a truly dangerous man he is and validates the author's contention that Mr. Bush was a member of the political elite.
The logical conclusion of such a statement is that Mr. Bush and others who think like him believe they are better than everyone else and should be the arbiters of whether your sons, daughters, nephews and nieces go to fight and die in foreign lands. What a completely foolish and dangerous thing to say!
Great article! Well worth reading!
“Now go post the story elsewhere. That’s what I’m about to do.”
Good idea. Important to get this out beyond the “choir” here at FR.
I just read this piece and I think it’s one of the most brilliantly accurate pieces I’ve read on this site ever. I’m recommending it so some libs I know, so I’ll see how it resonates there.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.