[lbo-talk] Fannie Mae/Freddie Mac and the GOP?

ken hanly northsunm at yahoo.com
Sat Apr 24 16:06:05 PDT 2010


Who is the they who think that Military Industrial Keynesianism is the AntiChrist?

Blog: http://kenthink7.blogspot.com/index.html Blog: http://kencan7.blogspot.com/index.html

--- On Sat, 4/24/10, dredmond at efn.org <dredmond at efn.org> wrote:


> From: dredmond at efn.org <dredmond at efn.org>
> Subject: Re: [lbo-talk] Fannie Mae/Freddie Mac and the GOP?
> To: lbo-talk at lbo-talk.org
> Date: Saturday, April 24, 2010, 5:35 PM
> On Sat, April 24, 2010 3:53 am, James
> Leveque wrote:
>
> > Is there
> > something behind all this, or is it just some
> silliness by the GOP?
>
> On the ideological level, it's nutcake neoliberalism, the
> loony idea that
> markets will magically regulate themselves. Deep down,
> though, it's fueled
> by nativism and revanchism. For all the problems of Freddie
> and Fannie,
> they democratized home ownership, especially among citizens
> of color. The
> Rethugs want to go back to the days when lily-white WASP
> bank officers
> enforced America's version of apartheid.
>
> You'll find the exact same meme in the Rethugs'
> demonization of ACORN, or
> unions, or Food Stamps, etc. Its always the same tired
> refrain -- "I made
> it with no help, why didn't they". Of course, they made it
> with the help
> of (1) public education and (2) GI bills and (3)
> military-industrial
> Keynesianism and (4) housing-highway-suburban-sprawl
> subsidies, all those
> non-market interventions which they claim are the
> Antichrist.
>
> -- DRR
>
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> http://mailman.lbo-talk.org/mailman/listinfo/lbo-talk
>



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