Economic Meltdown, Financial Press & Electoral Politics

Markets are swirling down the shitter, economy can’t be far behind, and one wonders what this all means. Now PhysioProf is no economist–he’s just a belligerent asshole with a keyboard and an IP address–so if you want real solid economic analysis go to Agonist and read what Stirling Newberry, Ian Welsh, and Numerian have to say. But I watched the Democratic debate last night, I watched CNBC Squawk Box this morning, and I consider myself a semi-sentient being. So here are a few thoughts: [Read more…]

More On “Bipartisanship” And “Reaching Out” To Republicans

A friend of mine mentioned to me that she thought that it would be a really good idea for whoever is Democratic presidential candidate to “reach out to moderate Republicans”, thereby hopefully winning the election by much more than the razor-thin margins that she considers the reason for “excessive partisanship” in the US. Those familiar with this blog can probably guess that PhysioProf wasn’t buying that brand of horseshit. Exactly what I told her is below the fold. [Read more…]

The Quaint, Outdated 4th Amendment

On Monday, Raw Story published an article describing some absolutely astounding comments made by National Intelligence Director Mike McConnell in an interview with The New Yorker (not available on-line). The fact that these comments have not been on the front page of every newspaper in the country and led every teevee newscast, and that there have not been loud calls for McConnell to be tarred, feathered, thrown in the back of a fucking wheelbarrow, and dumped headfirst into a fetid swamp outside of DC tells you exactly how far we have descended into sanctioned lawlessness in this country. [Read more…]

Your Congress Hard at Work

I am really, really glad that the Oversight and Government Reform Committee of the House of Representatives is holding hearings about baseball players taking steroids. They certainly have the time and leisure to do this, because it’s not like there have been any decisions made or actions performed by any members of the Executive branch of the motherfucking Government that require any Oversight or Reform.

John Edwards–The Invisible Man

OK. I am really getting majorly pissed off about the way that the mainstream media are disappearing John Edwards. This asshole commentator on a major-market news radio station is talking about the Republican and Democratic candidates. He mentions McCain, Romney, and Giuliani as being important candidates on the Republican side. Then, he says, “Hillary Clinton is the strongest candidate for the Democrats, followed by Barack Obama”, without even mentioning Edwards.

That shit is totally fucked up on a number of levels. Let’s review the results in Iowa and New Hampshire: [Read more…]

Recession Woes

In my post yesterday about Rudy “Fucking Nuts” Giuliani, I made some parenthetical remarks about how to handle the current economic situation. These remarks were based not on my expertise in economics–I’ve got none–but on common sense, intuition, and the rule of thumb that if some smarmy asshole in a suit and tie on teevee is telling me something, the truth is likely to be the diametric opposite. [Read more…]

How Did They Do That?

Ian Welsh published a great post yesterday at Firedoglake about the morality of allocating health care on the basis of personal wealth. He noted that whenever he addresses this topic, people crawl out of the woodwork with stuff like this:

I worked hard for my health insurance. I don’t see why someone who didn’t work hard, save, and prioritize paying for health insurance, should get as good a health care as I do.

This led commenter ekunin to relate this attitude to a general feature of what he or she called the “psychology of capitalism”:

The guy without sympathy for the uninsured has a need to feel superior. That need trumps everything else.

Well, that got PhysioProf thinking again about something that has always bothered him: How has the Republican Party been so electorally successful over the last 30 years, when the vast overwhelming majority of people who vote for Republicans get economically and politically fucked over and over by those they have elected? [Read more…]