February 18, 2005

Stupid Intellectuals

Comments are working again. I'm still trying to figure out how to avoid future server shutdowns. If I'm getting "noticed" for the server load even if I successfully block 100% of spam attempts, then I'll have to just switch to something else that allows registration, I guess (which would still be 100% successful but wouldn't generate so many useless attempts).

Kevin Drum is as disgusted by Bush-supporting "principled intellectuals" (such as those in "The Economist") as much as I am. There is a certain class of people, often called "whores" or "Fox Democrats" in polite company, who are basically willing to take up for the wrong side just to demonstrate that they are willing to think outside the box, to be a maverick, to be "independent", to get paid lots as a frequent talking-head guest, whatever. These are people who, for example, think the principle of preemptive attacks by America is deeply stupid but somehow found it in their hearts to (reluctantly with a big sigh) support the Iraq War.

Now we're getting the same kind of crap on social security:

As good a magazine as the Economist is, its editors are schizophrenic when it comes to figuring out what they think of George Bush. The entire thrust of the piece is that Bush's privatization proposal might be OK as long as he listens to criticism and changes it in nearly every particular — even though this is something they know perfectly well won't happen since they've editorialized about this shortcoming of Bush's repeatedly over the past four years.

The last paragraph gives the game away:

Note that changes such as these — delaying the retirement age, raising the payroll cap, and so on — are the ones that will actually stop Social Security going bust. In that regard, Mr Bush's new retirement accounts are no help. Yet this misses the point. Giving people greater control of their savings is desirable in itself: that is why private accounts deserve their place in this reform. It is wrong that in the world's most advanced economy so many retirees should rely so heavily on the state. That idea is at the heart of Mr Bush's “ownership society” — and it is worth supporting.

In other words, there's no real crisis, the details of Bush's plan are all wrong, and it does nothing to rescue Social Security anyway. But we support it for the same reason George Bush does: because it's one of our ideological hobbyhorses.

And if it eventually becomes law as one of his usual bloated, policy-free, crony friendly monstrosities, they'll be able to point back to this editorial and piously say, We'd never have supported doing it that way. We endorsed the proper version of privatization.

And then they'll move on to enthusiastic support of his next plan.

Exactly. I read the same kind of thing in our local "liberal" newspaper's endorsement editorial of Bush this time around. We reluctantly support this great man, they say, because we are hoping he will do all these things that we want him to do (but probably won't), and we could never support a fire-breathing, fringe, pro-terrorist ultra-liberal Vietnam war criminal liar like John Kerry, after all. And now that everything continues going to hell, the paper can wash its hands of the matter and say, "Hey, we tried to warn you."

What a bunch of spineless whores.

Posted by Observer at February 18, 2005 07:06 AM
Comments

Comments on entries can only be made in pop-up windows while those entries are still on the main index page. Sorry for the inconvenience this causes, but this blocks about 99.99% of the spam the blog receives.

I've long since given up on anyone even remotely connected to Wall Street - they will bend over backwards to justify everything Bush does because it means money in their pockets.

Also, on the subject of nobody really caring about anything he does, and even supporting it, check out some of the choice quotes from Democrats regarding John Negroponte's appointment to head intelligence:

http://bloogeyman.blogspot.com/2005/02/everything-is-ponteing-to-trouble.html

This post sums everything up pretty well

Posted by: Optimus Primetime on February 18, 2005 11:22 AM

It has been obvious to anyone who's ever looked at the demographics of the US that we are in for some rough times. Relative to the way the economy has always worked before, there will be too many idlers and not enough workers. There are MANY repercussions of that, most of which go unacknowledged by anyone.

The reason the ultra-wealthy, and their puppet GWBush, are focussing attention on the Social Security aspect is very simple. Social Security, and retirement savings in general, is a huge pot of money that (horror of horrors) *isn't theirs*!! That situation is a grave problem (in their opinion) and is something that their designated pebrained obedient little yapdog, G.W., are bent on fixing. It's all an attempt to siphon money out of the perhaps-less-than-completely-competent but also not-dedicated-to-accumulating-all-possible-wealth government, and into the control of the financial services industry ... which is where it will stay, never to return.

Never forget the old story about the naive young man who's in his interview with a brokerage firm. "This is the place where our partners moor their yachts," the boy is told as the car goes past the marina.

The naive boy asks, "Where do our clients moor their yachts?"

He gets no answer. He also gets no job offer.

Posted by: Feff on February 18, 2005 11:39 AM