Walter Russell Mead on Reckless Endangerment

The American Spectator ^ | June 6, 2011 | Joseph Lawler

[Donald Rumsfeld Fan]

If Morgenstern [sic] and Rosner are to be believed, the American dream didn't die of old age; it was murdered and most of the fingerprints on the corpse come from Democratic insiders. Democratic power brokers stoked the housing bubble and turned a blind eye to the increasingly rampant corruption and incompetence at Fannie Mae and the associated predatory lenders who sheltered under its umbrella; core Democratic ideas may well be at fault.

This is catnip to Republicans, arsenic to Dems. If Morgenson and Rosner are right, there is someone the American people can blame for our current economic woes and it is exactly the cast of characters that a lot of Americans love to hate. Big government, affirmative action and influence peddling among Democratic insiders came within inches of smashing the US economy.

[Donald Rumsfeld Fan]

http://www.publicradio.org/columns/marketplace/the-big-book/reckless_endangerment.jpg

[Donald Rumsfeld Fan]

Rush pushed hard on this minutes ago.

. FIRST PARAGRAPH......At his blog Via Meadia, Walter Russell Mead suggests that Gretchen Morgenson and Joshua Rosner's new book on the financial crisis, Reckless Endangerment, could...end the Democratic Party as we know it

[Donald Rumsfeld Fan]

[Excellence]

Heard about this on Rush; on my to-do list.

[C. Edmund Wright]

And that dumb_ss McCain wouldn’t point this out either.

This one I wrote for AT in Oct of 2008 and in fact Rush read it all on the air that day:
http://www.americanthinker.com/2008/10/time_for_mccain_to_name_names.html

(pardon the shameless self promo, but it’s shorter than the book!!)

[rockinqsranch]

I will find, buy, and read the book. I believe the Democrat Party to be a criminal enterpise, and have believed it for many years. There is too much evidence to not believe it.

[okie01]

Excellent job.

Your mistake was in expecting Senator McCain to understand...and do the right thing.

You were dealing with somebody who chaired the Commerce Committee for ten years -- and, by his own admission, never really learned how business actually worked.

[Donald Rumsfeld Fan]

Bush has actually been on the right side of the energy production debate and the Fannie Mae-Freddie Mac regulation debate all along. The President has been a feckless advocate of the correct positions on these issues to be sure, but at least one can legitimately claim that the administration was intellectually correct on Fannie, Freddie and oil.

But he let Obama and the dems pin it on him out of a missplaced sense of presidential/gentlemenly decorum to the detriment of the of his country and the American people. He was not a fighter on domestic issues. He was a wimp just like his father.

There are times when we can tolerate wimps......but not now.....today we need fighters. e.g. Palin/Bachmann.

[C. Edmund Wright]

I’m beginning to really like you a lot! Not only do I like your screen name, I like your thinking. Rush opened his show the day after Obama’s election with the statement “well friends, the new tone has come home to roost...”

Taken from this:
http://www.americanthinker.com/2008/11/gop_defeat_and_the_new_tone.html

(yes I know, still shameless...but ahead of the curve)

[newfreep]

Deport all DNC/Socialists to save America BUMP

[Donald Rumsfeld Fan]

AT is my favorite Blog BTW. I post it on my FB all the time.

This is the "tone" I'm looking for. CLICK ON IMAGE.

[C. Edmund Wright]

Now THATS a new tone I can believe in!!

[Brookhaven]

I heard Rush’s short blurb today about the book. Ordered it.

If (and it’s a big if) it is everything Rush described, then it could go down in history with a handful of books that fundamentally changed American attidues (Common Sense, Uncle Tom’s Cabin, The Jungle).

[Tailback]

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