Skip to comments.Clueless Ezra Klein: Big Government Programs Not Progressive, Just 'Good Policy'
Posted on 02/06/2012 9:05:57 AM PST by governsleastgovernsbest
Ezra Klein has unwittingly offered a telling insight into the liberal mind. On Morning Joe today, the liberal Washington Post blogger actually argued that quintessential big government programs like massive involvement in housing finance and the imposition of a carbon tax aren't "progressive" but simply "good policy."
Joe Scarborough pushed back saying Klein's notion of "good policy" was only so for those who share his liberal mindset.
View the video here.
(Excerpt) Read more at newsbusters.org ...
Can Klein really believe this? He argues things like the carbon tax aren’t controversial “progressive” policies, they’re just “good policy.” Ping to Today show list.
Karl Marx: “I wish I had come up with that comment. It’s great.”
Abortion on demand, homosexual marriage, government-run health care, high taxes, banning public displays of Christian faith, no guns, and amnesty for all illegal immigrants.
Mom and Applie Pie stuff. And who are we to disagree?
He’s the creator of JourOlist, a group of media types who’s sole purpose was to gather together and synchronise their message, while promoting Communism and Obama.
Klein is a middle child, raised in a Jewish family. Religiously, he now identifies as an agnostic. His father is a math professor, his mother an artist. - Wikipedia
A Godless 27 year old with a BA in political science...who could argue with these credentials?
I have to agree with Ezra here, truly ‘progressive’ policies (as libs like Ezra define them) would be more like what Mao Zedong did with the Cultural Revolution and the Great Leap Forward in China, or what the Khmer Rouge did with the Killing Fields in Cambodia.
Obama wasnt able to get those policies through the Democrat Senate but they are still on Pelosi’s list.
Unless of course he wants to play the race card, then watch how fast he self-identifies as a Jew.
THANKS FOR THE PING.
Candidate Barack Obama told us on the campaign trail: " The problem is, that the way Bush has done it over the last eight years is to take out a credit card from the Bank of China in the name of our children, driving up our national debt from $5 trillion for the first 42 presidents, # 43 added $4 trillion by his lonesome so that now we have over $9 trillion of debt that we are going to have to pay back, $30,000 for every man woman and child. Thats irresponsible. Its unpatriotic."
REALITY CHECK Obama presided over the biggest political heist in US history. The Obamanations (insiders and politicians) sucked up trillions under the guise of inheriting the "Bush financial crisis."
THIS MADE ME LAUGH OUT LOUD Obama COS Rahm Emanuel "suddenly" discovered he wanted to be Chicago's mayor---the little turn went before the mics and announced his campaign "raised $10 million in just a few weeks." Rahm also controlled the US Treasury as COS.
What the so-called "collapse" of the banking system wrought under Obama:
FOURTEEN TRILLION DOLLARS Behind The Real Size of the Bailout; A guide to the abbreviations, acronyms, and obscure programs that make up the $14 trillion federal bailout of Wall Street
Mon Dec. 21, 2009 12:23 PM PST
The price tag for the Wall Street bailout is often put at $700 billionthe size of the Troubled Assets Relief Program. But TARP is just the best known program in an array of more than 30 overseen by Treasury Department and Federal Reserve that have paid out or put aside money to bail out financial firms and inject money into the markets.
To get a sense of the size of the real $14 trillion bailout, see our chart at web site. Below, a guide to the pieces of the puzzle:
Treasury Department bailout programs
(Remember that Obama's Treasury Dept was controlled by his then-COS Rahm Emanuel---a G/S lobbyist in the WH)
Money Market Mutual Fund: In September 2008, the Treasury announced that it would insure the holdings of publicly offered money market mutual funds. According to the Special Inspector General for the Troubled Asset Relief Program (SIGTARP), these guarantees could have potentially cost the federal government more than $3 trillion [PDF].
Public-Private Investment Fund: This joint Treasury-Federal Reserve program bought toxic assets from banks and brokeragesas much as $5 billion of assets per firm. According to SIGTARP, the government's potential exposure from the PPIF is between $500 million and $1 trillion [PDF].
TARP: As part of the Troubled Asset Relief Program, the Treasury has made loans to or investments more than 750 banks and financial institutions. $650 billion has been paid out (not including HAMP; see below). As of December 21, 2009, $117.5 billion of that has been repaid.
Government-sponsored enterprise (GSE) stock purchase: The Treasury has bought $200 million in preferred stock from Fannie Mae and another $200 million from Freddie Mac [PDF] to show that they "will remain viable entities critical to the functioning of the housing and mortgage markets."
GSE mortgage-backed securities purchase: Under the Housing and Economic Recovery Act of 2008, the Treasury may buy mortgage-backed securities from Fannie Mae and Freddie Mac. According to SIGTARP, these purchases could cost as much as $314 billion ---SNIP---.
LONG READ---go to web site to read more and checkout the shocking financial charts.
HSBC Accused of Laundering Billions of Dollars
WorldNetDaily.com / Dr. Jerome Corsi / FR Posted by Dr. Thorne
NEW YORK A former employee of HSBC in New York has 1,000 pages of customer account records he claims are evidence of an international money-laundering scheme involving hundreds of billions of dollars by the global banking giant, which reportedly is under investigation by a U.S. Senate committee. John Cruz has delivered to WND customer account records he says he pulled from the HSBC computer system before he was fired. Cruz was terminated Feb. 17, 2010, after two years at HSBC for poor performance, but he contends he was let go because senior management didnt want to him to pursue his personal investigation (Excerpt) Read more at wnd.com ...
ANALYSIS The US Govt bailout of AIG angered many. AIG tried to put a positive spin on post-bailout posh parties, bonuses, more bailouts and more losses. What is HSBCs relationship to AIG? How much did HSBC receive from AIG?
According to Business Week, HSBC received $3.5 Billion (USD) from AIG (reported in Business Week article).
HSBC USA is an AIG counter-party. While HSBC did not directly take bailout money AIG certainly did. Through insurance and reinsurance deals with AIG, HSBC USA profited nicely from the AIG bailout.
After one write-off, a second $3.5 Billion write off for HSBC would have hurt.....had AIG not received taxpayer bailouts.
It was super-easy to launder some of the bailout $$$billions for insiders.
Do you think they know they're wrong? Sure.
- Forcing lending institutions to make bad loans to unqualified buyers?,
- Rewarding managers of Freddic Mac & Fannie Mae for bundling and pawning these fraudulant loans to unsuspecting investors?,
- Bribing scholastic and scientific institutions into manipulating data to support fraudulant claims regarding man’s impact on the environment?
Thanks Ezra, but only Satan could have a more twisted view of “good”.
sounds like a sound economic background with a ton of real world business experience. (extreme snark filled sarcasm)
fun side story - we once rented one of our apartment units to a man who was the financial "expert" columnist at a mid size paper. We eventually has to evict him for not paying his rent due to lack of funds.
Specifically, I can relate to the fact that a BA in Political Science ain't worth cab fare.
Me? I got a job, raised a family, trusted in God, and worked for twenty years in the Dreaded Private Sector before even daring to spout off about world affairs. Just like millions of other Americans who aren't snot-nosed little Brats With Blogs who think Progressivism is "good policy" because it short-circuits the necessity of hard work and achievement in favor of demands for government-sanctioned theft programs.
Ezra, you're not helping me at all here. You're making it even harder for me to defend Mitt Romney.
Translation: "It's so unfair to ask a media guy pretending to be conservative, to defend a politician pretending to be conservative."
He’s not Clueless, he’s EVIL. My GAYDAR is off the charts.