Tuesday, September 23, 2008

John McCain: The New FDR

All McCain can talk about these days is regulation and how great it is and how much he is for it and boy, when he is president he’s going to regulate those greedy Wall Streeters to within an inch of their lives!!

It’s hard to find a concept more absurd when McCain has called himself the DE-regulator for years and said he is always for less regulation. Let the markets find their own balance was his philosophy, echoing the Republican party line. Free markets should be worshipped like an omnipotent and omnibenevolent god. What an embarrassment this latest crisis must be for him - and all Republicans. Now they have all become regulators crying out against those greedy rich people who have brought us to the brink of ruin.

And make no mistake about it, we are on the brink, which means the whole world is on the brink of financial ruin. We might be back on the barter system soon, better gather up some actual products instead of money, because it will soon be worthless. But John McCain, or any Republican, sounding like a socialist calling for more and more regulation is a world turned upside down and inside out. But it’s important to note how easily and nimbly McCain has given up everything he has held dear all his life and done a complete about face and betrayed himself in order to become president. Either that or he’s lying. Take your pick on which is a worse statement on his character. What we can say now is that he IS a character, but he HAS none.

But what choice does he have? His whole life has just been shown to be a lie, that the great Republican philosophy of a free market is pure fiction and instead leads to economic ruin. Isn’t it interesting how little it means to him that his life has been a lie, he just does an about face and puts another mask on. Clearly he never believed his own philosophy, it was just convenient for getting him elected as a Republican. Now that it is no longer convenient (to say the least) he does an easy pivot and changes his basic view of the world and becomes a completely different person.

Actually, he has not become a different person, he was always an empty suit and has only reacted to the crisis in the only way possible. It’s like the old joke of a guy running behind a crowd as fast as he can and saying he has to get in front of them because he is their leader!

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