What cracks me up about lefties is that they are so sure that they're smarter than their knuckle dragging opponents. Their opponents have all sorts of ridiculous, unfounded beliefs that they've picked up from watching idiotic television shows.
The title of this post is a quote that they'll all recognize. It's not from Sarah Palin, but it will make them grin. They heard it on the TV.
They didn't hear this, where she talks about what caused the financial crisis:
We got into this mess because of government interference in the first place. The mortgage crisis that led to the collapse of the financial market, it was rooted in a good-natured, but wrongheaded, desire to increase home ownership among those who couldn’t yet afford to own a home. In so many cases, politicians on the right and the left, they wanted to take credit for an increase in home ownership among those with lower incomes. But the rules of the marketplace are not adaptable to the mere whims of politicians.Jeez. What a ditz. [rolls eyes]…
Lack of government wasn’t the problem. Government policies were the problem. The marketplace didn’t fail. It became exactly as common sense would expect it to. The government ordered the loosening of lending standards. The Federal Reserve kept interest rates low. The government forced lending institutions to give loans to people who, as I say, couldn’t afford them. Speculators spotted new investment vehicles, jumped on board and rating agencies underestimated risks.
Now I haven't heard a lot from Gov. Palin - her signal has been swamped by the noise given off by her opponents. This isn't to blame them - that's what people do in the bare knuckle world of politics. They've done a very effective job jamming her signal.
However, whenever I hear someone talking about what an idiot Palin is, I know that they haven't received signal, they've only received noise. From an idiotic Television show.
Smart.
2 comments:
They don't want to hear, so they don't. What she said is not only 100% accurate, it destroys the concept of the government being able to do anything but make a problem worse.
Smarmy Frank was one of the catalysts behind the destruction of mortgage and banking industries, along with Chris Dodd. The Lame Stream Media has done it's best to cover up their malfeasance, but it seems that at least Dodd is in some re-election trouble.
Nice point - there's a snobbery to the leftists that's nauseating. It'll back fire in the end - and not soon enough.
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