sailingaway
02-09-2011, 11:22 PM
http://www.favstocks.com/wp-content/uploads/cache/2011/02/5caeb-octopus-jpg-w-550.jpeg
http://www.favstocks.com/monetary-policy-hearing-today-or-ron-paul-versus-the-kochtopus/0932617/
The writer has a Lincoln fetish (yes, I know he went off the gold standard for the civil war, but is that the best example to use TODAY?) but it is a fresh sort of look at the hearings.
I’m not trying to cherry-pick. You can read his articles at Mises or Lew Rockwell. He has his opinions and arguments. What I’m interested in is the dialectical relationship between what Ron Paul is doing and what other people on the Right are doing. By moving the goalposts and the dialogue so far to the Right, and by properly harnessing the people’s mass discontent with the financial system, the crisis and the Federal Reserve, Paul’s activities are going to make the idea of stripping Maximum Employment from the Federal Reserve’s mandate seem downright sensible. He’s going to clear the space for the idea that the regional banks chiefs, instead of being ultra-conservative people who think unemployment is fine and who want a monetary policy that benefits business interests, are “regular folks” who “get it” outside the failed navel-gazing bureaucrats of the Federal Reserve.
He’s also going to make Paul Ryan look reasonable instead of someone who is both uninformed and terrible on monetary policy. In each case he’s building on problems people are experiencing and pushing them further to the right. Do liberals have any type of counter-narrative rather than relying on discredited technocrat expertise?
http://www.favstocks.com/monetary-policy-hearing-today-or-ron-paul-versus-the-kochtopus/0932617/
The writer has a Lincoln fetish (yes, I know he went off the gold standard for the civil war, but is that the best example to use TODAY?) but it is a fresh sort of look at the hearings.
I’m not trying to cherry-pick. You can read his articles at Mises or Lew Rockwell. He has his opinions and arguments. What I’m interested in is the dialectical relationship between what Ron Paul is doing and what other people on the Right are doing. By moving the goalposts and the dialogue so far to the Right, and by properly harnessing the people’s mass discontent with the financial system, the crisis and the Federal Reserve, Paul’s activities are going to make the idea of stripping Maximum Employment from the Federal Reserve’s mandate seem downright sensible. He’s going to clear the space for the idea that the regional banks chiefs, instead of being ultra-conservative people who think unemployment is fine and who want a monetary policy that benefits business interests, are “regular folks” who “get it” outside the failed navel-gazing bureaucrats of the Federal Reserve.
He’s also going to make Paul Ryan look reasonable instead of someone who is both uninformed and terrible on monetary policy. In each case he’s building on problems people are experiencing and pushing them further to the right. Do liberals have any type of counter-narrative rather than relying on discredited technocrat expertise?