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Spiraling Towards Social Capitalism

Hurricane

It is not yet time to flee. Take heart and concentrate on the spinning spiral while imagining a brighter day.  (This hypnotic moment brought to you courtesy of the Atlantic Oceanographic and Meteorological Laboratory AOML.)

Moving on.  As our country threatens to make landfall somewhere in the vicinity of social capitalism, people are putting all sorts of spin on the phenomenon.  I’ve listened to the different takes on our nation’s financial meltdown and here’s mine:

Spin is like religion—a mater of personal preference, so why not be proactive? In other words, don’t let the spin choose you, go out there and find one you like.  Happy to say, you’re allowed to bounce off as many conflicting conclusions as you want on the way to settling down.  Senator McCain does it all the time.

Sad to say, folks, this is one presidential candidate who knows all about the bouncing technique—in a matter of days, he went from the ‘economy is fundamentally strong‘ to we’ve gotta drop everything and fix it.  If someone standing in the brightest limelight imaginable can change his position faster than a tweaking chickenheaded hoebag, then so can those of us standing out here in the dark.  No need to be an expert on economic meltdowns.  In this youtube video, McCain says he’s no expert, either.

Generally speaking, economics is touted as too mind-boggling and dry for the likes of us taxpayers, and, therefore, better left to comrades Paulson, Greenspan and Bernanke.  But you might be surprised how simple and juicy the subject of economics can be, even for the common person.  Just imagine all that juicy emotion out there on the web waiting for your clicks.  I urge everyone to visit the minds of other folks, i.e. tap into what the experts are feeling about Bailoutgate.

The_new_communists

Wanna feel riled up?  Bill Perkins is definitely your man.  This 39 year old dude took out a $139,104 full page advertisement  in the New York Times depicting Mr. Bush, Treasury Secretary Henry Paulson and Federal Reserve Board Chairman Ben Bernanke trampling on the graves of private enterprise and capitalism. “I see it as trickle-down communism,” Mr. Perkins said. “We have a communist action where everybody is paying for the benefit of the few and hoping the benefits will trickle down to everyone else.”

Wanna feel less riled up?  Eugene Robinson of the Washington Post is standing by with his more genteel take, A Bailout or a Bonanza: “The uber-capitalists of Wall Street are all socialists now. Free-market ideology, it turns out, doesn’t pay the mortgage. That appears to be a job for, ahem, Big Government.”

Wanna gloat a little?  Read “McCain Loses His Head” by conservative columnist George F. Will:  Mr. Will likens Senator McCain’s threat to fire the head of the SEC (Chris Cox) to the fat-cat Queen of Alice’s Adventures in Wonderland. “The queen had only one way of settling all difficulties, great or small. ‘Off with his head!’ she said without even looking around.”

I choose to remember the words of George F. Will, however. To hear a conservative diss his own candidate makes me smile: “It is arguable that, because of his inexperience, Obama is not ready for the presidency. It is arguable that McCain, because of his boiling moralism and bottomless reservoir of certitudes, is not suited to the presidency. Unreadiness can be corrected, although perhaps at great cost, by experience. Can a dismaying temperament be fixed?”