Category: politics

Conspiracy theories explain the right

Conspiracy theories explain the right

The conservative mindset is in decline. Stories of cabals and secret plots provide comfort as its power wanes

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If I were to tell you that a cabal of Congressional Republicans had been quietly working with a roster of little-known political organizations since the last election, many of them funded by a pair of shadowy billionaire brothers, to bring the country to the brink of financial ruin, I’d understand it if you thought I was talking about a conspiracy theory. But really I’d be describing the sausage making that goes on in politics today and the blurry lines between lobbying and influence peddling

Right wing politics is a racket, not a political philosophy. 

The Tea Party thinks it hates Wall Street. It doesn’t.

The Tea Party thinks it hates Wall Street. It doesn’t.

many Tea Party Republicans are in favor of the same bills favored by the financial industry. Take the Financial Takeover Repeal Act of 2013, a one-line bill sponsored by Sen. David Vitter (R-La.) that repeals Dodd-Frank and replaces it with nothing. This bill has 22 co-sponsors this year, including notable Tea Party senators such Mike Lee, Rand Paul and Ted Cruz.

The best way to explain the Tea Party and Wall Street is The enemy of my imaginary enemy is my imaginary friend. The Tea Party is in favor of imaginary Randian makers and opposed to imaginary Randian looters. Wall Street thinks the same. The only rift is who they imagine the looters and makers are. This is the problem with Randian thinking. 

Forbes Calls Goldman CEO Lloyd Blankfein Holier Than Mother Teresa

Forbes Calls Goldman CEO Lloyd Blankfein Holier Than Mother Teresa

there are still huge pockets of these Fountainhead junkies who genuinely believe that the Blankfeins of the world are reviled because they’re bankers and they’re rich, and not because they’re the heads of unprosecutable organized crime syndicates who make their money through mass fraud, manipulation and the shameless burgling of public treasure.

The Ayn Rand crowd insists this is jealousy and not well earned revulsion.