Brought to you by your friends at the Tea Party... with a helping hand by the Mainstream Media (AKA: the GOP talking points echo chamber) and a spineless Democratic party.
As international markets echo the Dow Jones Industrial Average's 500+ point tumble, just two days after Congress and the President negotiated a deal that pulls 2.6 trillion dollars out of the U.S. economy over the next 10 years (with a promise of another trillion or two in cuts to be announced later), one can't help but be overcome by simultaneous feelings of anger, betrayal and depression. Contempt and disgust are the correct emotions to feel towards the media. When they are not actively promoting a GOP agenda aimed at weakening the U.S. economy that a Democratic president might be defeated in 2012, they're playing the role of useful idiots to the Right, complicit in the Tea Party's contemptible (and potentially treasonous) economic terrorism by virtue of their spinelessness and/or evident intellectual incuriosity. Those who are ignorant of history are condemned to repeat its mistakes, as George Santayana used to say, and the mainstream media has betrayed astonishing ignorance in their reportage. This intellectual deficit might be excusable in a laborer who puts in his daily 8 to 10 hours at a construction site then spends his evening sprawled out on the couch watching American idol, but in the men and women who are tasked with bringing and explaining the world to us it is nothing short of a crime (don't doubt for a second that your average CNN reporter spends more time putting on makeup than researching the subjects he'll be reporting on). After all, it's not like we haven't been down this road before, and it's not like we haven't seen what happens when the government slashes spending in the midst of a poor economy. It's not like we haven't been warned.
Friday, August 5, 2011
Double Dip Recession
at 4:02 AM
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