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Krugman: Invincible Ignorance

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ProSense Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-15-10 08:27 AM
Original message
Krugman: Invincible Ignorance

Invincible Ignorance

So Republican members of the Financial Crisis Inquiry Commission are going to issue their own report, placing primary blame on the government because its always the governments fault.

And according to reporting at the Huffington Post,

all four Republicans voted in favor of banning the phrases Wall Street and shadow banking and the words interconnection and deregulation from the panels final report, according to a person familiar with the matter and confirmed by Brooksley E. Born, one of the six commissioners who voted against the proposal.

Yep. It was all Fannie and Freddie, which somehow managed to cause housing bubbles in Ireland, Iceland, Latvia, and Spain as well as the United States; and the repo market had nothing to do with it.

And bear in mind that this wasnt one Republican; it was all of them.

I really do wonder how this country can remain governable, when one party insists on creating its own reality. Next thing you know theyre going to reject the theory of evolution. Oh, wait



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theaocp Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-15-10 08:30 AM
Response to Original message
1. Yup
Pukes are assholes, all right.
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BeyondGeography Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-15-10 08:34 AM
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2. More shocking behavior from our friends across the aisle
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progressoid Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-15-10 09:14 AM
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3. Gotta hand it to the Repubs
They really are skilled at fucking things up and then pointing the finger at someone else.
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corkhead Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-15-10 09:41 AM
Response to Reply #3
4. and it is more MIHOP than LIHOP
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MrsCorleone Donating Member (844 posts) Send PM | Profile | Ignore Wed Dec-15-10 02:25 PM
Response to Reply #3
8. They are the absolute masters of projection. nt
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Jakes Progress Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-15-10 09:59 AM
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5. K&R You gotta ask yourself why
they keep getting elected. My mother used to say that a country got the government it deserved. Over and over I keep running into guys out of work for two years, no insurance, losing their homes who say they vote republican because the Democrats are commie/terrorists. They believe the Democrats are fighting the noble republicans to keep hurting people and take away their freedom. In the face of such ignorance and sheer stupidity it is tempting to just let them rot in their own stew. Only trouble is that the rest of us are in the same pot with them.

I can understand, not agree with, rich people with no conscience or moral center voting for their own selfish interests. Those are soulless assholes. But the idiots who keep voting for the very ghouls who are torturing them is just too much.

Once again. Krugman rules.
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MrsCorleone Donating Member (844 posts) Send PM | Profile | Ignore Wed Dec-15-10 02:38 PM
Response to Reply #5
9. Effective propaganda,
from the tv machine to the radio to the blogs on The Internets.

Their base, the transnationals, fund the dumbing down of the electorate. It's really that simple.

I live in a major metro region, yet there is not one single solitary counter to the 24/7 RepubliCorp message. Not one. Even rock radio jockeys inject a little RW spin between tunes. It's some sick stuff.

Needless to say, my community is full of RW lunatics. Virtually no intelligent discussion in this town. Just regurgitated RW talking points and twisted logic.
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niceypoo Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-15-10 10:25 AM
Response to Original message
6. Just wait til they are back in complete control
They will go berserk with new tax cuts and completely collapse the economy.
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oasis Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-15-10 02:10 PM
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7. k and r
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