We are a commune of inquiring, skeptical, politically centrist, capitalist, anglophile, traditionalist New England Yankee humans, humanoids, and animals with many interests beyond and above politics. Each of us has had a high-school education (or GED), but all had ADD so didn't pay attention very well, especially the dogs. Each one of us does "try my best to be just like I am," and none of us enjoys working for others, including for Maggie, from whom we receive neither a nickel nor a dime. Freedom from nags, cranks, government, do-gooders, control-freaks and idiots is all that we ask for.
Everything the White House has done in the debt limit fight it has done with an eye toward the president’s reelection. As important as whether he eventually got a “grand bargain” was how the president positioned himself throughout the process in the eyes of the electorate. And while we do not know the details of a final deal, if there is to be one, we do know one thing: Obama won this round. And Republicans helped him.
Did he? I am not sure. Nobody can win this game, but everybody I know who is not a government worker thinks the economy is a disaster.
My shop is cutting staff, both professional and clerical. Not only is biz down, but our CT taxes are up. Also, we figure, assuming Obamacare stays, we'll need to let go three or four professionals, and 4-5 clericals, to cover those expenses without running into the red. We have been here, mind you, for 110 years and have an excellent reputation.
We have never cut staff since the 1930s other than normal firings of incompetents and slackers. Our people know this. Fear is a powerful motivator for effort, but it will not be enough.
Those who are dependent on government for their livelihood will vote for an expansion of government. Those who are not will vote for it's contraction. The former include those in jobs or careers working for the government (police, fire, teachers, social workers, bureaucrats, etc. - but probably not the military, since those who favor government expansion don't often support expansion of military spending) and those who use handouts from the government to survive.
In a great many urban areas, the former outnumber the latter. States with large urban areas tend to be blue states. Those without tend to be red.
2) Apply same to this quote inside a Glenn Reynolds blurb @
"...nearly every one of the principals who brought such misery and shame upon their countrymen are free, prosperous, in many cases highly honored and “serving” still at the highest levels of political and financial power."
That group would contain the authors and interests who produces and passed into law a 2,5000 page bill --the length of which is itself almost universally characterized as an outrageous insult to the body politic and all its traditions and intents --known as Dodd/Frank, so complex that the financial system order law regulations implementing it are far from finished (at least 300 already overdue in 2011 and more coming which may not be finished, according to insiders, until the year 2015 IF then).
3) Since the fact that the one thing the bill was supposed to do (that is, rid us of the hideously destructive "too big to fail" organization of a large part, from Fannie to Citi, of the formerly market-based American financial system) is the one thing the bill did NOT do, we the people should have been having, for some time now, that moment in the horror film where the young lady realizes her boyfriend outside protecting her from the town serial killer IS the town serial killer.
IOW, the nation's 8000 regional banks --out there in flyover country --have an entirely more rigorous and expensive risk-pricing model than the govt-protected TBTFs, and cannot price that risk with the overhang of regulations yet to be laid on.
We the USA have 27 million businesses; six thousand are publicly-traded corporations. Ninety-three percent of the rest use their total equity position, including the owner's homes and real estate holdings, to create their business credit --their operating cash (in Dollars, to boot, but let's not go there for this argument). These credit relationships are in a shambles --and about half evaporated --over the inability to price risk --an inability the direct and easily seen result of the uncertainty injected into the formerly best-working commercial credit system the world of the middle-class boojwahzee had ever seen --injected by the same cabal in DC that designed and executed the subprime meltdown --which called for the Dodd/Frank Bill, natch --in the first place?
And they are getting away with it --that is, finishing off the Dollar and backing America into the UN's New World Order vision --because the people do not savvy the effect of uncertainty and rather want them to 'take their time' with the regulations so that this time they can 'get things right'.
Long/short, the regulators, not just financial but EPA, Energy, all the agencies, have locked up, legally and with dubious lawfare, the available dynamism of the people, in order to, as the argument has it, "protect the people".
But what if the gravest danger to the people is not from the world of life and risk and reward, but from this force which is --not according to any natural law but as the deliberate aim of a type of philosophy --overthrowing the people's traditional and chosen form of government, and replacing it with something unknown and produced by secret agenda?