5 posts tagged “socialism”
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Slipping into Socialism or Sliding
into Protectionism? Obama says SHAME ON YOU to Wall
Street and really: what are they doing giving $2 billion in taxpayer dollars out
to their executives in the form of bonuses for failures? A very feisty
discussion follows, lots of interrupting each other, but ultimately, all three
agree, it’s irresponsible. Obama’s recovery plan has taken the bi out of
bi-partisan, and left a wide divide between the Dems and GOP. Did he subcontract
the plan to Nancy Pelosi? Were Republicans listened to at all? They voted NO in
lockstep. And Tony is upset with the language Obama used in talking about Muslim
nations on his Al Arabiya TV interview – says he’s gotten the history wrong.
Arianna’s in Davos and simply
couldn’t get away to join the show today. Apologies.
Here's that Slate piece Matt mentioned:
The Quitter Economy
Companies are liquidating; homeowners are mailing in the keys. Have we given up?
Job Losses and Recession; Auto Execs--From Tin
Ear to Tin Cup; Mumbai Terror
*Update on Thurs. 12.11: I've added Matt's latest column, "Memo to Obama" below
*Update on Wed. 12.10 -- Adding the article Bob Scheer talked about to links below (Toyota buys GM). PS: Tony's show yesterday was good!! Listen to it at link at the end of the post in red.
*UPDATE: Tuesday 12.9 at 2:30 Pacific 89.9 FM on air in SoCal/streaming live online, via podcast or on-demand: Tune in to hear Tony Blankley discuss "Whither Conservatism" on our show, The Politics of Culture -- with Al Regnery, publisher of American Spectator mag; Tony Perkins, Pres of the Family Research Council, and nay-sayer, David Frum, who's become a critic of the Sarah Palin wing of the party (former Right on LRC, his new blog launches Jan. 20 NewMajority.com). That's www.kcrw.com (click live tab) or online later at www.kcrw.com/etc/programs/pc.
530,000 jobs lost – in November
alone – as the Auto company execs trade their tin ears and corporate jets for
tin cups and a hybrid car ride to DC begging for a bailout…is it policy making or a morality play?
Bob’s worried about Paul Krugman’s prediction for a double-digit drop in the
economy. Arianna calls the economy a stalled plane that needs a jumpstart -- in
mid-air. Tony – without being too Pollyanna-ish – says it may be the worst month
for job losses but it’s ranked the 41st worst month as a percentage
of total jobs…he disagrees with Bob who says those trillion dollars have been
wasted on the financial industry, and he calls for MASSIVE spending on the part
of government (Bob calls that socialism!). The terror in Mumbai is treated
briefly followed by some rather rushed rants.
LINKS:
Matt mentioned this blog: http://bigpicture.typepad.com/
Bob talked about this column:
Paul Krugman, The New York Times
Conscience of a Liberal
Worries about next year
I’ve been ruminating over economic prospects for next year, and I’m getting scared.
Two points:
1. The economy is falling fast. We’ll see what tomorrow’s employment report says, but we could well be losing jobs at a rate of 450,000 or 500,000 a month.
2. Infrastructure spending will take time to get
going — a new Goldman Sachs report suggests that projects that are
“shovel-ready” are probably only a few tens of billions worth, and that a
larger effort would take much of a year to get going……(read the rest at link above)
Bob also mentioned a provocative piece on TruthDig.com about why Toyota should buy GM:
A Toyota Takeover Could Save GM
By Michael D. Intriligator
Posted on Dec 5, 2008
http://www.truthdig.com/report/item/20081205_a_toyota_takeover_could_save_gm/
...I believe that considering only these two options for an imperiled GM —either bailout by the U.S. government or bankruptcy—omits an important alternative, which I see as the best option: a takeover of GM by Toyota Motor Corp....
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The Future of Capitalism: Which Way Now?
The Future of Capitalism: Which Way Now
Here’s that in-depth philosophical program you’ve been waiting for. Tony is truly over the top in his defense of capitalism; Bob brings up the nearly-verboten name of Karl Marx… Tony quotes Lord Byron…and the fireworks begin. Matt, while defending capitalism, says it’s time to rewrite the social contract, with certain guarantees of security in terms of health care and welfare, so the rest of the economy can do what it’s supposed to.. Bob defends the middle class; Arianna invokes Ayn Rand saying she would disapprove of the Wall Street orgy. Tony and Matt duke it out for awhile, too. It’s a heady show and a hell of a topic. This one’s worth hearing twice and quoting from. We really want to hear from you on this one.
Here's Tony's column:
As President-elect Obama's apparent choice for health and human services secretary and as White House health care czar, it is a fair guess that Tom Daschle's view on health care legislation may be decisive.
So it is worth reading his book "Critical: What We Can Do About the Health-Care Crisis," in which the gracious former Senate leader lays out without equivocation both the policy he recommends and the tactics for how to pass it.
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Breathe. It’s almost over. Tony (sort of) defends his charge that Obama is a committed Marxist, Arianna calls McCain’s campaign McCarthyite; Bob calls the recovery plan so far "socialism for the rich" and Matt says he hopes that whoever gets elected will step in decisively and put America back on the economic track. Will the banks or the consumers do it? Will there be a new New Deal—a massive rebuilding of jobs and infrastructure? Under Obama, will there be massive government regulation that could stifle a recovery? Will China save us? Guess we’ll know on Tuesday. **DON'T FORGET: LIVE LRC POST-ELECTION POST-MORTEM ONSTAGE ON SUNDAY NOV 9TH -- JOIN US FOR LIVE VIDEO AND AUDIO WEBCAST BEGINNING AT 5:45 pm PACIFIC TIME AT KCRW.COM.**
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Obama's Lead; Which Way GOP; Greenspan’s Goof?
A heckuva show today, Tony’s a trifle testy over unfair allegations he says are being made against Republicans, the McCain campaign and Sarah Palin. And what about that wardrobe budget? Tony predicts the next conservative revolution will be populist, not intellectual. Plus: is “socialism” code for racism? Is “family values”? Who’s really using the race card and how? And a big discussion about capitalism, the (so-called?) free market, concentration of capital, corporate fascism and Euro-Socialism. And did Greenspan undermine the theory of capitalism by admitting his surprise about how little oversight was being exercised at top financial institutions? (Sorry to say, Arianna was unavailable today.)
LINKS
http://wonkroom.thinkprogress.org/2008/10/23/updated-report/
UPDATED REPORT: McCain’s Tax Plan Would Have Saved The McCains $730,000
An updated analysis of the Obama and McCain tax plans by the Center for American Progress Action Fund finds that John and Cindy McCain would have saved $730,000 over 2006 and 2007 under McCain’s tax plan. Under Obama’s proposed plan, the McCains would have saved $62,000 over the same two years. Read the full analysis here.
***************************************************************************************************EJ Dionne
Civil War on the Right 10.24.08
WASHINGTON — Conservatives are at each other’s throats, and here’s what’s revealing about how divided they are: The critics of John McCain and the critics of Sarah Palin represent entirely different camps.
Skeptical social conservatives are precisely the people McCain was trying to mollify by picking Palin as his running mate. These include the faithful of the religious right who remember McCain as their enemy in 2000, and parts of the gun crowd who always saw McCain as soft on their issues.
That McCain felt a need to
make such an outlandishly risky choice speaks to how insecure his hold was on
the core Republican vote. A candidate is supposed to rally the base during the
primaries and reach out to the middle at election time. McCain got it backward,
and it’s hurting him.
http://www.washingtonpost.com/wp-dyn/content/opinions/?nid=top_opinions
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NYTimes Magazine Preview,
The Making (and Remaking) of McCain
By ROBERT DRAPER
Published: October 22, 2008
On the morning of Wednesday, Sept. 24, John McCain convened a meeting in his suite at the Hilton hotel in Midtown Manhattan. Among the handful of campaign officials in attendance were McCain’s chief campaign strategist, Steve Schmidt, and his other two top advisers: Rick Davis, the campaign manager; and Mark Salter, McCain’s longtime speechwriter. The senator’s ears were already throbbing with bad news from economic advisers and from House Republican leaders who had told him that only a small handful in their ranks were willing to support the $700 billion bailout of the banking industry proposed by Treasury Secretary Henry Paulson. The meeting was to focus on how McCain should respond to the crisis — but also, as one participant later told me, “to try to see this as a big-picture, leadership thing.”
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October 24, 2008
WASHINGTON -- Contrarian that I am, I'm voting
for John McCain. I'm not talking about bucking the polls or the media consensus
that it's over before it's over. I'm talking about bucking the rush of
wet-fingered conservatives leaping to Barack Obama before they're left out in
the cold without a single state dinner for the next four years. http://www.realclearpolitics.com/articles/2008/10/security_first_why_im_voting_f.html
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October 22, 2008
The Birth of the Me-Too Conservative By Tony Blankley
http://www.realclearpolitics.com/articles/2008/10/the_birth_of_the_metoo_conserv.html
With the rise to enduring power of President
Franklin Roosevelt's New Deal in 1933, a new type of Republican emerged in
reaction to FDR's attractive and overawing power: the me-too Republican. Until
the election of President Reagan five decades later, these me-too Republicans
supported, rather than opposed, Democratic Party policies but claimed they
would administer them better. Of course, this led to a half-century of
Democratic dominance of American government and politics.
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