[lbo-talk] rant on TARP

John Gulick john_gulick at hotmail.com
Mon Feb 9 13:45:23 PST 2009


DH:

And firmly reality-based.

JG:

No sense in speculating at length until the Geithner scheme is announced, but if it looks like what your leaks suggest, then maybe the Republicans will have considerable success remaking themselves into marauding paleo-cons after all. In fact right- wing populist critique of the stimulus package and TARP II could be rolled up into one piece, against unaccountable big gummint misallocating your hard-earned tax dollars (and more scandalously, giving freebies to cosmopolitan speculators and the undeserving indigent). Stupid "left-wing" "libertarianism"/ "populism" of the sort depicted earlier by Alan Rudy (with its occasional nativist and protectionist overtones) will have only greased the wheels, however unwittingly...

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