Occupy Capitalism

I’m naturally sympathetic to popular uprisings … the Tea Party and Occupy _______, for example.

Nothing ever improves unless people get passionate.

On the other hand, both those movements have been mostly irrational and incoherent. Especially Occupy.

Occupy what?

Here’s the first list of complaints I can understand:

• a failure to price public goods (clean air, water, etc.) effectively
• high levels of inequality
• “the provision and distribution of medical care”
• undervaluing of “the welfare of unborn generations”
• financial crises

Those are from Economist Kenneth Rogoff.

Rogoff, not surprisingly, feels that free market Capitalism is the best solution for each:

… I am often asked if the recent global financial crisis marks the beginning of the end of modern capitalism. It is a curious question, because it seems to presume that there is a viable replacement waiting in the wings. The truth of the matter is that, for now at least, the only serious alternatives to today’s dominant Anglo-American paradigm are other forms of capitalism. …

Is Modern Capitalism Sustainable?

Government regulatory reform is needed, not any experiment with Communism.

Why are the USA, Iceland, Ireland, Greece and Italy — to name a few — so much worse off than their economic neighbours?

That’s the question.

(via Freakonomics)


When Did the GOP Lose Touch With Reality?

OK, lets say you’re like this guy:

… I’ve been a Republican all my adult life. I have worked on the editorial page of The Wall Street Journal, at Forbes magazine, at the Manhattan and American Enterprise Institutes, as a speechwriter in the George W. Bush administration. I believe in free markets, low taxes, reasonable regulation, and limited government. I voted for John ­McCain in 2008, and I have strongly criticized the major policy decisions of the Obama administration. …

I can respect that.

I’m a fiscal conservative myself. Unfortunately the USA has no Party that’s proven itself fiscally conservative.

But what the Republicans have done since the rise of the Tea Party movement is simply wrong. And terribly wrong for the USA.

Historians will look back on this era as one of the low points of American history, especially if Obama wins again and they get another 4 years.

When this lying, evil scumbag is the voice of moderation in the field of candidates, you haven’t got much to choose from.

It’s worth reading David Frum … before you go on FOX TV and call him a closet Liberal.

NY Magazine – When Did the GOP Lose Touch With Reality?

Thanks Tom for the link.

Rick Perry – born again Republican

I’m thinking Rick Perry could beat Obama in the next election, despite his looks … He looks like a made-for-TV-movie American President. Phoney.

Perry spent his first six years in politics as a Democrat, in a somewhat forgotten history that is sure to be revived and scrutinized by Republican opponents if he decides to run for president. …

Rick Perry: The Democrat Years

When I checked on that damning history on Wikipedia, I found that it was not included. Some Republican editing, I assume.

Next problem for Rick Perry – I’m not sure the Tea Party crowd is going to approve of his Corndog eating lifestyle.


Campaigning outside Pittsburgh today, GOP frontrunner Rick Perry attended a picnic at St Francis of Assisi Catholic Church in Oil City where he enjoyed a foot long corndog while touring the fabulous reproduction of Michelangelo’s Sistine Chapel.

There’s an old truism that politicians should never eat hotdogs. These photos will show you why.

meet President Michele Bachmann

Now that Republicans have finally realized Sarah Palin is nothing more than a kook, the latest star on the horizon is Congress Woman Michele Bachmann from Minnesota.

Bachmann is a supporter of the Tea Party movement and is founder of the House Tea Party Caucus. …

more photos of President Bachmann

She’s not yet filed with the FEC to form an official exploratory committee, the first step in a run for the Republican nomination.

Mitch Daniels stills seems the best opponent for Obama, to me.

Gingrich, the worst. … Unless you count Jeb Bush.

WARN the Egyptians about Democracy … and Montana

I’m shocked to see what’s happening in the Middle East.

Do they know what they are getting themselves into?

For your reading pleasure, here are some of the major pieces of legislation that have been put forward by the Tea Party Republicans who are now in control of the legislature. This is not a joke. These are real bills, and they are currently taking priority in the Montana legislature.

1. Legalize hunting with hand-thrown spear (Senate Bill 112)

2. Create fully-armed militia in every town (House Bill 278)

3. Allow legislators to carry weapons in the Capitol (Senate Bill 279)

4. Create an 11 person panel with authority to nullify all federal laws (House Bill 382)

5 Allow guns in schools (House Bill 558)

6. Eliminate educational requirements for persons seeking job of State Superintendent of Schools (HB 154)

7. Lift nuclear ban for purpose of building a nuclear reactor in the Flathead Valley (House Bill 326)

8. Withdraw the United States of America from the United Nations (Senate Joint Resolution 2)

9. Eliminate all state incentives for developing wind power (House Bill 244)

10. Omit Barak Obama’s name from the 2012, ballot because his father was born outside of America (House Bill 205)(this guy was on CNN this week)

11. Compulsory marriage counseling for people seeking a divorce (House Bill 438)

12. Give sheriffs authority over the federal government in terror investigations (Senate Bill 114)

13. Legalize hunting with silencers (House Bill 174)

14. Lift the prohibition on carrying concealed weapons in bars, churches and banks (House Bill 384)

15. Eliminate law that requires landlords to install carbon monoxide detectors (House Bill 354)

16. Require the federal government to prove in court that the National Parks were lawfully aquired. (House Bill 506)

17. Officially designate the “Code of the West” as the “Code of Montana” (Senate Bill 216)

UPDATE: 18. Declare that global warming is good. (House Bill 549)

Nutjob Bills in the Montana Legislature

I was OK with the Tea Party defying conventional politics. They are an entertaining protest movement. … But this is moronic.

The Tea Party obviously cannot govern.

No doubt the President will again want my advice for 2012. His prospects for reelection are looking up.

related – my friend Tom Chandler on Montana Bill (SB 306) – intended to revive highly toxic cyanide leach mining in the state.

Sarah Palin CHEATS on interview – pitiful

Sarah Palin was lobbed a softball question at the right wing Tea Party Convention Q&A session, February 6, 2010.

Just to make sure she could remember all 3 talking points, Sarah double-checked the notes scrawled on her hand.

Click PLAY or watch it on YouTube.

Even a co-worker on her employer’s network, FOX news, poked fun at Palin’s palm notes.

Republicans, you’re going to let this creampuff debate Obama?

Find a better candidate.