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Old 10-08-2008   #4 (permalink)
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Re: Keating Economics

Quote:
Originally Posted by InfiniteNow View Post
That first part is EXACTLY what they think, but I think it's both. The Daily Show last night had a great take on the stupidity in the populace...
It's a sad but true fact of our democracy that at the top of BOTH parties, they have access to "think tanks" and experts whose function it is to evaluate the ignorance and gullibility of the populace in every state of the Union. And to derive tactics to take advantage of same. They are NOT stupid. They know exactly what they're doing.

Now, whether or not the leaders and candidates of those parties CHOOSE to use those tactics, is another question entirely.

[ADD] In this case, however, I don't see the "Keating" documentaries as taking advantage of ignorance. Rather, it appears to be an attempt to remind folks of what they once knew. The Conservatives believe in small government. Nothing wrong with that, so do I.

But they recently have interpreted this as meaning "arbitrarily unregulated" financial institutions. Supposedly, if you take ALL restraints off a banker, he will magically be able to make more wealth. And supposedly, we're supposed to believe that with ALL restraints off, the banker can be totally trusted NOT to pull any hanky-panky after he's assured that he won't get caught if he DOES.

Yeah. Right. Modern bankers have such a strong tradition of integrity and honesty. Sure. That's enough. No problem.

Yeah... ... Right... ... ...


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Last edited by Pyrotex; 10-08-2008 at 12:21 PM..
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