Friday Link Wrap-up
Let me get this straight: The government tells banks who they must lend to. Banks comply, and in doing so, very nearly go under. (Oversimplification, I know.) Obama propped up his friends in the banking industry by bailing them out. And the "Occupy Wall Street" folks are upset at the bankers? No, not just them; they’re upset at capitalism in general. Here’s a list of proposed demands that should make you squirm. Yes, it’s just a proposal from a forum post, but the promoted it to the front page of the site. And it gets general approval from the liberal commenters. "Universal single payer healthcare", "Guaranteed living wage regardless of employment" (emphasis mine), "Free college education", etc. The taxes required for all of this make the current unsustainable spending look like chump change. This certainly does not represent "the other 99%", as they claim.
Democrats insist that the Tea Party is run by the Koch brothers, on the idea that since the Kochs support it and give money to it, that they therefore control it. Wrong, but let’s go with that. How, then, to explain the big Soros, union, and other astroturfing money coming in to support OWS? (Additionally, if the Tea Party is racist for not having some requisite number of minorities among them, will those same people level that charge against OWS? Yeah, right. It’s not applied in the same way, depending on your political persuasion, so, in truth, it’s just a political bludgeon.)
And let me ask you this; if hundreds of Tea Partiers were being arrested around America, don’t you think the liberal pundits would be all over it? But when it happens at OWS, little if anything. In fact, the differences in how the media cover these two movements is and will be a very instructive lesson in media bias.
Getting away from OWS, when you quote Ronald Reagan, you don’t think a little context might be in order?
Crony capitalism for Republicans? Bad. Crony capitalism for Democrats? Oh look, a squirrel!
And finally, if you’re going to protest, place the blame where it really belongs. (Click for a larger image.)