Friday, September 19, 2008

Remember, It's Only Socialism When Government Works for Labor

When government steps in to help Capital, why, that's just giving the old Invisible Hand a hand.

S.E.C. Issues Temporary Ban on Short-Selling

Treasury to Guarantee Money Market Mutual Funds

Vast Bailout by U.S. Proposed in Bid to Stem Financial Crisis

All from the front page of this morning's New York Times on the web. I know that the right-wingers have robotically chanted for years that the NYT is a pinko paper, but ye gods—who could have predicted that it was actually Wall Street that's full of whiny foul-weather pinks quick to scream for public help when their precious portfolios are imperiled by the transitive stupidity and cupidity of their own class?

It seems like just yesterday they were telling us that Government Is Not the Answer®. Of course, if they had been honest and added —Except When The Owning Class Needs Help, then their side wouldn't have won so many elections. So I guess there's a kind of cheap, nasty, petty, venal, hypocritical logic to the last thirty years after all.


// posted by nash @ 8:09 AM
Comments:
Hey, now's the time for Democratics to re-introduce SCHIP so that all could hear the rethug pissing and moaning about how it's so unaffordable!
# posted by Anonymous Anonymous : Friday, September 19, 2008 2:09:00 PM
 
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