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George Will: The Toxic Assets We Elected
Wash Post ^ | 3/24/09 | George Will

Posted on 03/24/2009 7:22:05 PM PDT by pissant

With the braying of 328 yahoos -- members of the House of Representatives who voted for retroactive and punitive use of the tax code to confiscate the legal earnings of a small, unpopular group -- still reverberating, the Obama administration yesterday invited private-sector investors to become business partners with the capricious and increasingly anti-constitutional government. This latest plan to unfreeze the financial system came almost half a year after Congress shoveled $700 billion into the Troubled Assets Relief Program, $325 billion of which has been spent without purchasing any toxic assets.

TARP funds have, however, semi-purchased, among many other things, two automobile companies (and, last week, some of their parts suppliers), which must amaze Sweden. That unlikely tutor of America regarding capitalist common sense has said, through a Cabinet minister, that the ailing Saab automobile company is on its own: "The Swedish state is not prepared to own car factories."

Another embarrassing auditor of American misgovernment is China, whose premier has rightly noted the unsustainable trajectory of America's high-consumption, low-savings economy. He has also decorously but clearly expressed sensible fears that his country's $1 trillion-plus of dollar-denominated assets might be devalued by America choosing, as banana republics have done, to use inflation for partial repudiation of improvidently incurred debts.

From Mexico, America is receiving needed instruction about fundamental rights and the rule of law. A leading Democrat trying to abolish the right of workers to secret ballots in unionization elections is California's Rep. George Miller who, with 15 other Democrats, in 2001 admonished Mexico: "The secret ballot is absolutely necessary in order to ensure that workers are not intimidated into voting for a union they might not otherwise choose." Last year, Mexico's highest court unanimously affirmed for Mexicans the right that Democrats want to strip from Americans.

(Excerpt) Read more at washingtonpost.com ...


TOPICS: Crime/Corruption
KEYWORDS: georgewill; larrysinclairslover; obama; toxicassets
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Good to see Will returning to the fight after a year or more of pansyassness.
1 posted on 03/24/2009 7:22:05 PM PDT by pissant
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To: pissant

“Good to see Will returning to the fight after a year or more of pansyassness.”

maybe America ‘needed’ Obama so that it would get its act together and learn the hard way.


2 posted on 03/24/2009 7:26:13 PM PDT by ari-freedom ( Hail to the Dork!)
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To: ari-freedom

Could be. But he’ll be back to promoting RINOs come primary season, I’m sure.


3 posted on 03/24/2009 7:27:11 PM PDT by pissant (THE Conservative party: www.falconparty.com)
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To: pissant

George Will finally wakes up, to a nightmare. Welcome back, Mr. Will.


4 posted on 03/24/2009 7:27:11 PM PDT by fullchroma (I want my country back.)
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To: pissant

Welcome back, George. A brilliant piece, one we should all read and pass around to our email lists. I liked the last line:

“This is but a partial list of recent lawlessness, situational constitutionalism and institutional derangement. Such political malfeasance is pertinent to the financial meltdown as the administration, desperately seeking confidence, tries to stabilize the economy by vastly enlarging government’s role in it.”


5 posted on 03/24/2009 7:27:32 PM PDT by Veto! (Opinions freely dispensed as advice)
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To: pissant

so did (cough cough)...most of FR and conservative radio talk show hosts


6 posted on 03/24/2009 7:31:19 PM PDT by ari-freedom ( Hail to the Dork!)
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To: pissant
“Good to see Will returning to the fight after a year or more of pansyassness.”

Don't worry, he'll get a tongue lashing from the Washington socialites and he will be back to his “moderate” ways blaming conservatives and Gov. Palin for the GOP’s downfall.

Once a dog turns on you, they can never trusted again.

7 posted on 03/24/2009 7:31:39 PM PDT by CapnJack
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To: pissant

So says George “Im against term limits” Will.


8 posted on 03/24/2009 7:32:04 PM PDT by samadams2000 (Someone important make......The Call!)
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To: pissant

bookmark


9 posted on 03/24/2009 7:32:34 PM PDT by GOP Poet
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To: pissant

I’d like to think the Kool-Aid has “left” a bad taste in his mouth. But we shall see if he’s redeveloped a spine or if his core beliefs are still mush come time to say things unpopular on the cocktail circuit.


10 posted on 03/24/2009 7:34:31 PM PDT by bossmechanic (If all else fails, hit it with a hammer)
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To: bossmechanic

that cocktail circuit might be turning on Obama...


11 posted on 03/24/2009 7:40:44 PM PDT by ari-freedom ( Hail to the Dork!)
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To: pissant

Didn’t they have that con meeting with Obama at his house?


12 posted on 03/24/2009 7:42:39 PM PDT by freekitty (Give me back my conservative vote.)
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To: pissant

IMO, Mexico is better than America in this: at least they’re honest about their corruption [problem], here in the US we have a criminal congress that acts like they have done no wrong (and are incapable of doing wrong, even!).

Heck: Even Mexico exercises the common sense needed to say, “Hey, if these aren’t secret-ballot... then of course they’ll be subject to tampering, intimidation, and/or retribution based on the vote.”


13 posted on 03/24/2009 7:48:22 PM PDT by OneWingedShark (Q: Why am I here? A: To do Justly, to love mercy, and to walk humbly with my God.)
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To: pissant

I’m waiting for Will to compare Obama with Peter Angelos for wrecking a perfectly good franchise.


14 posted on 03/24/2009 7:49:28 PM PDT by Thrownatbirth (.....Iraq Invasion fan since '91.)
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To: Veto!
“This is but a partial list of recent lawlessness, situational constitutionalism and institutional derangement."

The big mouths have had their panties in a bundle over the constitutional issues related to Gitmo and the Patriot Act - no time to worry about the REALLY serious ones ...

15 posted on 03/24/2009 7:54:06 PM PDT by PLK
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To: CapnJack

“Once a dog turns on you, they can never trusted again.”

So true.


16 posted on 03/24/2009 8:08:44 PM PDT by Norman Bates
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To: pissant

Yesterday there was a hearing on C-SPAN about the issue of the secret ballot in union elections—all of those at the hearing were in favor of it, since it was a Republicans-only group. One person knew of a case where enough workers signed the card check to force an election, and when the election was held only one employee voted in favor of having a union—the implication was that the rest signed under duress or threats or just to stop being harassed to sign.


17 posted on 03/24/2009 8:22:23 PM PDT by Verginius Rufus
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To: pissant
F*** George Will.

RINO idiots like him are the reason we're in this mess.

He doesn't deserve kudos. He deserves a swift kick in the ass.

L

18 posted on 03/24/2009 8:25:41 PM PDT by Lurker (The avalanche has begun. The pebbles no longer have a vote.)
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To: pissant

I went to hear George speak in September at Colorado College. He basically said it didn’t matter who would win the election and an Obama victory would not be a big deal.


19 posted on 03/24/2009 8:31:19 PM PDT by cookcounty (Obama got Bush's inheritance and now he wants yours.)
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To: pissant
My guess is that any Republican that Will would have backed would have had roughly the same economic policy as the loser we have in office right now.

You've lost your credibility, Georgie boy. You and Peggy Noonan should go to some upscale restaurant and order a nice plate of crow for two.
20 posted on 03/24/2009 8:36:20 PM PDT by Antoninus (So now "change" is defined as "more of the same, but worse"?)
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