FRONT PAGE CONTRIBUTOR
My thanks to E.J. Dionne, Jr.
Chickens. Chickens, coming home... to roost.
Specifically, my thanks to him for writing this article, which starts with an alleged 2008 conversation that he had with two ‘Republican’ financial experts:
…one offered a dire and uncannily accurate forecast. He explained why banks would blow up, investments would crash and the federal government would have to spend “at least $300 billion” to bail out financial institutions.
The other financial expert listened closely, took a sip from his drink, and smiled. “This,” he said, “would seem like an excellent time for the Democrats to take power.”
I agree: it was an excellent time. After all, it’s their fault that we’re in this mess in the first place. Remember Burning Down the House? – because it’s an excellent time to revisit it, too. It’s a bit long; but think of it as a tutorial for helping you learn to deprogram some of your mugged-by-reality colleagues and friends.
It didn’t resonate in the 2008 election cycle… but, hey: it’s 2010 now. You better off now than you were in 2006?
PS: Dionne’s valiant attempt to pretend that nothing negative about the current economy – nothing at all – should be laid at the feet of the current ruling party has been both duly noted and mocked.