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How Come Right-Wingers Aren't Up in Arms About Wall St's Assault on Private Property?

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marmar Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-14-10 07:41 AM
Original message
How Come Right-Wingers Aren't Up in Arms About Wall St's Assault on Private Property?

AlterNet / By Joshua Holland

How Come Right-Wingers Aren't Up in Arms About Wall St's Assault on Private Property?
The Right will continue to defend the bankers, even if they undermine one of conservatism's most cherished principles.

October 14, 2010 |


Ever since the financial crisis hit, conservatives -- at places like the American Enterprise Institute and the Heritage Foundation, joined by some prominent Tea Party groups -- have fought tooth-and-nail to deflect new regulation of Wall Street’s wheeler-dealers. (In my new book, The Fifteen Biggest Lies About the Economy, I note that the Right, following the advice of conservative message-maker Frank Luntz, derided new regulations that Wall Street was fighting hard to kill as a “second bailout” of the big banks. It was a lie so bold that one couldn’t help but be impressed with their chutzpah.)

So there’s a certain amount of irony in new revelations that the banks, in their quest for easy profits, appear to have undermined one of the Right’s most important principles: the sanctity of property ownership.

“If you own something,” George W. Bush explained in a 2004 speech, “you have a vital stake in the future of our country. The more ownership there is in America, the more vitality there is in America, and the more people have a vital stake in the future of this country.” ...........(more)

The complete piece is at: http://www.alternet.org/economy/148489/how_come_right-wingers_aren%27t_up_in_arms_about_wall_st%27s_assault_on_private_property/



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madrchsod Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-14-10 07:45 AM
Response to Original message
1. why?-it`s obama`s fault! but more to the point....
Edited on Thu Oct-14-10 07:48 AM by madrchsod
the republican`s propaganda is more effective than the democrats.
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SharonAnn Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-14-10 12:58 PM
Response to Reply #1
12. Because they don't understand it. It's too complicated for them.
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Blue_Tires Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-14-10 07:46 AM
Response to Original message
2. that's been my question as well....
if only someone in the media would ask it the next time those asshats are on the set...
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zeemike Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-14-10 07:52 AM
Response to Original message
3. Raises hand....Please can I answer that one?
It is really simple....they deserve to have their property taken away....and that is because if you fail in this economy it is your own fault.
Everyone of them of the authoritarian mind set believes in this way.
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ixion Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-14-10 08:01 AM
Response to Original message
4. Simple: they blame liberals
just like they blame them for everything else, despite the fact that it's their OWN BACKERS who are causing the mess.

But (not-so) subtle nuance is lost on your basic freeper.
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Populist_Prole Donating Member (774 posts) Send PM | Profile | Ignore Thu Oct-14-10 10:25 AM
Response to Reply #4
8. That sums it up from what I've seen
trying to discuss this with neocon/bagger co-workers and father. Very nebulous about what they actually WANT. Very clear on what they don't want.

I'm constantly pointing out the illogic of their unwillingness to direct their outrage toward Wall St and corporatists in general, and they kind of grudgingly concede the point, but see the whole corporatocracy thing as just a minor point. I believe they really DO know their full of shite, but have so much "invested" in being against liberals that they are loath to reverse themselves.

Did the same thing with my father which caused a heated debate. I'm constantly bombarded by these screeching email forwards ( with his own commentary added ) decrying the present administration's inaction on illegal immigration, how much it costs us ( some of which I agree with ) but ask him why he and other baggers are saying this stuff to me? Tell it to that jerkweed Tom Donahue of the COC, a man who openly states he WANTS the illegals here ( because it depresses the price of labor ) I ask him why the lack of concern there. He immediately gets nasty and scornful, no doubt thinking me being some sort of smarty-pants smug wise-guy, and also due to the cognitive dissonance of him being philisophically ultra super-duper pro-business. ( though in typical bagger fashion, he'll complain if he and his are negatively affected by corporate malfeasance )

It's like a quote I read sometime ago ( don't remember the author )

"I'd rather sink with a good idea than swim with an ugly reality"

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Enthusiast Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-16-10 01:09 AM
Response to Reply #8
15. I think you could make
the case that Bush did nothing more than Obama did to stem the tide of illegal aliens crossing the border. In fact President Obama has recently taken steps to curtail illegal immigration. This outrage over illegal immigration is just another manufactured outrage like the rest of the right wing bullshit.
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ck4829 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-14-10 08:06 AM
Response to Original message
5. Not just after private property, but in your life and privacy in general
Edited on Thu Oct-14-10 08:07 AM by ck4829
Think about it. Take one job you've applied to, and it could be anywhere high or low on the prestige and pay scale. 10 years ago and today.

10 years ago:
You fill out an application
Interview
If the interview goes well, the manager will verify what you put on your application
Hired or not

Today:
You fill out an application
You also now sign and do a battery of tests, everything from credit, personality, to snooping at what you write on the Internet is measured now

If the government tried to pry into your life like how Wall Street and corporations did, then there would be a revolution in about a week after it tried this.

But why do we tolerate it from them?
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Scuba Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-14-10 08:08 AM
Response to Original message
6. Their masters didn't tell them to do so.
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OHdem10 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-14-10 08:12 AM
Response to Original message
7. GOP first principles and loyalty is to Big Business. Therefore
the Interests of Wall Street. GOP constituents are
the rich. Rich can fend for themselves and stand up
to Wall St. Sure the Republicans are great at saying
"The American People....." They are not talking about
the average Joe. Even in the HCR debate. if one listens
carefully, they are not really concerned with the
average American. We Democrats sometimes make the
mistake of thinking and expecting GOP to have same
concerns as we do. Not so.

They have been quite shrewd in getting average citizens
votes especially blue collar workers. When they campaign
for these groups they campaign on Cultural Issues and
use emotion. God Guns Gays and Abortion. Play one group
against another. Use welfare, as divisive issue. As a result
you have blue collars voting against their own interest.





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Demeter Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-14-10 12:21 PM
Response to Original message
9. The Republicans are Wannabe Despots
banksters, moguls, fascists. The joke's on them, though. It's not like there's enough room at the top for newbies--especially the trailer-trash types.
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The Backlash Cometh Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-14-10 12:27 PM
Response to Original message
10. Maybe all this crap talk about property ownership was just part of the
real estate bubble sell?

They didn't really mean it.
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yurbud Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-14-10 12:32 PM
Response to Original message
11. some property rights are more equal than others
If you have more property, you have more rights.

It's just that simple.
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Doctor_J Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-15-10 05:26 PM
Response to Original message
13. Because Rush didn't tell them to be
and right wingers are, as a group, really, really stupid
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MisterP Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-16-10 12:35 AM
Response to Original message
14. why do they protest "socialized care" but not the mandates while on Medicare?
why are Libertarians either welfare cases, recipients of subsidies, or hired guns throwing people out of their own homes on behest of Big Banks because elite financiers gambled with people's mortgages?

it's because they're incapable of seeing themselves as on the bottom: they're not victims, they're eternal Survivors (not even nuclear war can really affect them and theirs, so long as gub'mint doesn't get in the way); they're not "on welfare" because they're white and Business Successes
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