Thursday, March 5, 2009

Race To the Bottom

Which will be the first to finally bottom out and begin to shed itself of the dreck and the dross of it's corruption--the Republican Party or the New York Stock Exchange? We follow their respective descents daily, measured in numbers, just as one scans football scores and division standings on autumn Sundays. The Limbaugh-Steele game seems to signal an approaching end to the GOP drama (or can it go lower?), but Wall Street is forever inscrutable--ups mixed with downs, while the Republicans have no ups whatsoever.

The Republican base are true believers and will go down with the ship if necessary, Big Money is wiley and has no scruples, it goes down with no one's ship and could hitch it's wagon to Obama's Democrats if they are the long term winners here. Eric Cantor and Adam Putnam are smart young guys and must know that they have to bump off Boehner in the GOP House leadership before any party rebuilding can start. As for smart young Republicans in the Senate, well, the last one was considered--by some--to be Rick Santorum, and he was soundly defeated by Democrat Bob Casey fours years ago. So the GOP Senate fall has no end in sight and they are no where near as clever as the Wall Street guys.

1 comment:

Anonymous said...

I think back to the early 80s and how bleak things looked for progressives. I'm OK with the label, liberal; it amounts to the same thing. What a pleasure it is to see the Republicans drowning in their own B.S.
Ronald Reagan sowed the seeds with his "government is the problem" mentality. Wrong, Dude. But it took Dubya to prove him wrong definitively. Bad government is the problem.
We need good governance, and if we get it, the country can be transformed. Times have changed; people have learned. Demographics have changed. The uneducated white male will never again swing a national election.