…the events of the last few months should have etched indelibly on the national psyche the conclusion that laissez faire, robber-baron capitalism—the Great Idea of the conservative movement—has proven a dreadful failure.
... George W. Bush and the Republican Congress did not abandon the legacy of Ronald Reagan. They fulfilled it.
Reagan branded in the popular imagination the notion that “government is the problem, not the solution.”
Bush and his ideological counterparts in Congress took that philosophy to its logical conclusion, dismantling as many of the safeguards and safety nets put in place since the New Deal as they had time to dismantle.
They preached the gospel of unregulated greed, arguing that what’s good for unscrupulous lenders and multinationals en route to Dubai is good for America, and we all paid the price.
That should be the Great Lesson of the first Great Depression of the 21st Century.
[Source: AZspot]
Well Said!
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Change Congress
I believe we need to return government to "of the people, by the people, and for the people"—not a radically new idea, really.
I invite you to explore Larry Lessig's Change Congress initiative.
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