• Tips gratefully accepted here. Thanks!:

  • Recent Comments

    katiebird on EBOLA, EBOLA, WE’RE ALL…
    katiebird on EBOLA, EBOLA, WE’RE ALL…
    paper doll on The Employment Index: Wish me…
    paper doll on Harumph and bother: a post abo…
    paper doll on Harumph and bother: a post abo…
    Partition Functions on EBOLA, EBOLA, WE’RE ALL…
    r u reddy on EBOLA, EBOLA, WE’RE ALL…
    jmbanner@umich.edu on Harumph and bother: a post abo…
    Monster from the Id on Harumph and bother: a post abo…
    riverdaughter on Harumph and bother: a post abo…
    katiebird on EBOLA, EBOLA, WE’RE ALL…
    tdraicer on Harumph and bother: a post abo…
    Sweet Sue on EBOLA, EBOLA, WE’RE ALL…
    Sweet Sue on EBOLA, EBOLA, WE’RE ALL…
    Mr Mike on EBOLA, EBOLA, WE’RE ALL…
  • Categories


  • Tags

    abortion Add new tag Afghanistan Al Franken Anglachel Atrios bankers Barack Obama big pharma Bill Clinton Chris Christie cocktails Conflucians Say Dailykos debate Democratic Party Democrats Digby DNC Donna Brazile Economy Elizabeth Warren feminism Florida Fox News General Glenn Beck Glenn Greenwald Goldman Sachs health care Health Care Reform Hillary Clinton Howard Dean Joe Biden John Edwards John McCain Jon Corzine Karl Rove Keith Olbermann Matt Taibbi Media medicare Michelle Obama Michigan misogyny Mitt Romney Morning Edition Morning News Links Nancy Pelosi New Jersey news NO WE WON'T Obama Obamacare occupy wall street OccupyWallStreet Open thread Paul Krugman Politics Presidential Election 2008 PUMA racism Republicans Sarah Palin sexism Single Payer snark Social Security Supreme Court Terry Gross Tim Geithner unemployment Wall Street WikiLeaks women
  • Archives

  • History

    January 2013
    S M T W T F S
    « Dec   Feb »
     12345
    6789101112
    13141516171819
    20212223242526
    2728293031  
  • RSS Paul Krugman: Conscience of a Liberal

  • The Confluence

    The Confluence

  • RSS Suburban Guerrilla

    • Carl Jung, genius
      The louder they scream, the more likely they are to be guilty of the same things they’re accusing: Leslie Rutledge, the Republican candidate for Attorney General in Arkansas, has been discovered to have been registered to vote in multiple states in addition to Arkansas, and even voted by absentee ballot in Arkansas’ general election in […]
  • RSS Ian Welsh

    • Looks like Scottish Independence is a “No”
      The calls are coming in. Assuming they are correct, I think this vote is a mistake, and I note that having been given a clean vote to leave and a chance to live their own values, but having given in to fear; for me, at least, Scottish complaints about privatization of the NHS and other [...]
  • Top Posts

To all those rich people who think they are the most productive people on earth

Don’t flatter yourselves.  Dragons are not productive.

Every school kid knows this.

Just sayin’.

********************************************

Paul Krugman and Joseph Stiglitz have a chat:

 

About these ads

2 Responses

  1. Here’s a more comforting observation. I have a couple hundred or so cans of sardines. I like sardines. I notice that all through this Era of Rolling GoverBank Crimewave, not one of the Banker/Goverperps
    or one of their little minions has been able to suck even one sardine out through the side of even one of my cans of sardines.

    I think there is a lesson somewhere in that.

  2. We have circled around this truth for well over 100 years.

    The most famous political speech of all time was William Jennings Bryan’s “Cross of Gold Speech” at the Democratic Convention in 1896. The speech was made at a time much like ours. An inept Republican President stumbled the country into a long depression with five years of real double digit unemployment and declining prices. Wealth became even more concentrated in the hands of a banker class, what Teddy Roosevelt called “malefactors of great wealth.”

    The inept Republican who made changes was succeeded by a conservative Democrat (Grover Cleveland) who was anti-labor, pro-bank, pro-hard money, and pro-big business, The wealthy in particular, attempted to divide the country , especially the South, along racial rather than class lines. Black and poor voters were being greatly and openly disenfranchised by new voting laws.

    Bryan made a number of key points in his speech. The businesman of the time was more than the financier or the trader and speculator in commodities or stocks but really included the farmer, the factory worker, and the miner.

    American fiscal policy should benefit everyone, not just the financiers and should certainly not be constrained by the austerity and hard money policy of other countries, especially in Europe.

    If hard money and austerity were followed to its logical extreme, said Bryan, the results would be awful. Without the productivity of the 99%, the streets of the big cities would become empty and covered over by weeds. With the full scale production and reward of the workers and farmers, the entire country would prosper.

    Bryan, of course, ended the speech with the famous closing that became his trademark. “Do not press down upon the brows of labor, this crown of thorns. Do not crucify mankind upon this cross of gold.” It combined class-conscious politics and early fundamentalism in a weird blend. Bryan, then 36, was nominated for President. He was nominated (unsuccessfully) three times (in 1896, 1900 and 1908) and became Secretary of State under Wilson. He quit because Wilson was too war-like.

    During the Progressive era, the New Deal and the Kennedy-Johnson era (plus to some extent Eisenhower, Nixon, and Ford), we made real progress. Karl Rove’s stated goal has been to take us back to those bad old days of the late 1800s.

    It is time for a real dragon hunter. Not someone who talks a good game (Bryan) or semi talks a good game (Obama) but the real thing. I tried to find a nice metaphor to go with the old story about St. George and the Dragon but the Bryan speech is actually much closer to the mark.

    The power of the gold is felt most behind closed doors and intimidating glares. In the open, it shrivels and shrinks. It is simply amazing how many Americans are willing to sacrifice their own earned benefits for the amorphous good of the golden few. It is enough, at this point, to block and to do some things by stealth but not to succeed in the bright light of day.

    Sunshine. That’s the gold we should honor; not the cold, hard metal.

Comments are closed.

Follow

Get every new post delivered to your Inbox.

Join 459 other followers

%d bloggers like this: