[FoRK] Demonizing the hedge funds...

[geege schuman]

Russell, is this TRUE?  Will you be FOOLED?

8-)

Anyway, just read somewhere that Bill Clinton referred to taxes as
"wage-based premiums."

G

On Fri, Apr 18, 2008 at 2:00 PM, Jeff Bone <jbone at place.org> wrote:

>
> On Apr 18, 2008, at 11:46 AM, Tom Higgins wrote:
>
>  Wait, your going out on a limb here to announce that the pendulum is
> > going to swing back now?
> >
>
> Tom, Tom, Tom...  you're absolutely right.  The only surprise here is
> those who seem to think it won't.
>
> What blows my mind is that folks like highly intelligent,
> former-libertarian Russell are apparently going to let themselves be FOOLED
> into helping push the pendulum back to the left at least as far as it's
> swung to the right 'lo these 8 years.  Just as there was a huge crowd of
> folks that voted for crypto-fascist Bush on the theories that he was some
> kind of moderate and / or actually good on self defense who woke up sometime
> in early 2005 and said "what the fuck have we done?" --- there's going to be
> an equal and opposite reaction on the part of those hoodwinked into
> supporting crypto-socialist Obama should he be elected.  (Well, except,
> Obama's approval rating will probably *never* be as low as Bush's, I fear,
> because in their heart-of-hearts the unwashed masses are much more socialist
> than they are fascist.)
>
> While everybody else is busy trying to tell me how much I'm overreacting /
> extrapolating / whatever, I find it comforting that you at least see this as
> merely the natural political mechanics in action.  That doesn't reduce the
> gravity of the situation, though;  the extrema of the pendulum swing are
> harmful no matter which side.  Nor is the obviousness of this dynamic going
> to soften the surprise in store for those who are today disputing my claims,
> should those claims eventually prove true.
>
> $0.02,
>
> jb
>
>
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