Wednesday, 1 April 2009

Stiglitz's 'Win-Win-Lose' Scenario

I read this very interesting op-ed in the NY Times a little while ago and I figured I'd share. Joseph Stiglitz, renowned economist and Nobel Prize winner, lays out why he thinks the massive federal spending to purchase toxic assets is a 'win-win-lose' scenario - the loss falling on the taxpayer. The reason I found the article so interesting was because he manages to explain some very complicated and confusing economics in plain and easy to understand language. So for those of you who are confused or intimidated by terms like 'toxic assets' and 'overleveraging' I'd say this article is definitely a good read. 

I promise we'll have some true lol-worthy stuff for your entertainment and edification very soon!

Monday, 30 March 2009

A Quick Laugh (or cry, depending on how you look at it...)

Before I get back into the groove of posting anything of real substance on poLOLitics, I would like to start with something that is completely devoid of any sort of logic or intelligence. United States congressman, John Shimkus* of Illinois, can be seen here, claiming that man-made carbon emissions are not harmful to the environment, but are in fact 'plant food.' Apparently by increasing global warming and levels of pollution we're actually just giving Mother Nature a little boost; kind of like those vitamin boosts you can get at Jamba Juice.

You might notice that I purposefully did not include Mr. Shimkus' party affiliation; this man should not be representing any party of the United States Congress - he should not be a government official period. 

*You may recognize Mr. Shimkus - In May 2007, John Shimkus, during a speech on the floor of the United States House of Representatives, compared the war in Iraq to a baseball game between the St. Louis Cardinals and the Chicago Cubs.

Saturday, 28 March 2009

Desperate Times

Firstly, on behalf of myself and Louis, I'd like to apologize for the absence of activity on our blog. It all began with a lot of hope and a lot of action only to be stopped in its tracks by circumstances beyond either of our control. But more importantly than that, the point is, we're back. Take it with a grain of salt, take it or leave it, but for now it seems that poLOLitics is moving forward once again!

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So let's get right into it, shall we? In a recent entry on his blog at the New Yorker, Hendrik Hertzberg examined what he and many commentators see as a particularly disturbing and ever-more-pervasive aspect of the American right: ideological hallucination?

"One of the signs that a political movement may be approaching terminal decline is when its more excitable elements begin to see “fascism” where none exists."

-HH


The short article, in its necessary abridged way, examines several instances in which either the left or the right (depending which end of the spectrum was most desperate, most endangered, most hopeless in its monolithic entrenchment) have employed what is essentially an unfounded and incoherent smear tactic: to label one's opponents as sympathizers with one of the most abhorrent political systems ever known to man, fascism. Now, we all know the old history lesson of why Nazi Germany was, in fact, not quite fascist at all and how Mussolini was the true fascist in WWII Europe. Still, the fact of the matter is that most Americans, especially the earlier in the twentieth century you look, were frightened by even the glimmer of connection between a political movement within their country and the foreign barbarism understood to be embodied by fascism: holocausts, pervasive secret police, corruption, etc.

As Hertzberg clearly demonstrates (and it isn't exactly the hardest thing to illustrate), none of the elements of the right or the left whom were accused of these fascist ties or views were actually fascists. Some may have held extreme views, of this there is no doubt. But the plain truth is that these accusations were blatant lies, products of desperation and despair over the incoherence and unsustainability of their own movements. And those who hurled these accusations at their opponents were, at best, marginal within their movements...

That is, until now. Let me emphasize: this is not an attack on the right. This, my dear readers, is but an observation. An editor of the National Review, conservatism's flagship publication, is a very influential person within the American right. A former consultant in the Reagan White House and an active member of a right-wing think tank might be seen as a natural ideological compass for the Republican Party, as it seemingly gropes blindly at the legacy of the eighties, already tainted and slipping quickly. Yet, these figures have a dirty little secret. Except it's not a secret, just dirty. And little, not in its importance but in its likelihood of success.

Jonah Goldberg writes a regular blog for the National Review Online. Here is its subtle header:



In his so-called response to Hertzberg, posted on his Liberal Fascism blog, Goldberg attacked Hertzberg for not examining the liberals in the Democratic Party's past who have been associated with fascism. And, just like that, Mr. Goldberg, a guru for right-wingers across the country, reverted back to the same old, same old. Instead of confronting Hertzberg's clearly legitimate claims of dishonesty and misdirection, Goldberg delves into the same antiquated smears that his partisan forefathers might have used against any other Democratic Party incarnation of the last century.

It's a tragedy, of course, but only for Goldberg and his cohorts. If the only way a right-wing academic (say, Michael Ledeen, aforementioned Reagan White House groupie and "Freedom Scholar" at the infamous American Enterprise Institute) can critique social democratic activism of the Obama variety is by comparing it to Mussolini's Third Way, we need a new opposition, period. And my guess is, we'll get one. The substance of right has been consumed by a cancer from within and now, unfortunately for the Republicans, it's starting to show on its seedy exterior.

[This doesn't mean we can let your guard down; some of those out of power in Washington now, still pull strings elsewhere. And they think we, the people, are weak, that the phrase itself, as it reads on our Declaration of Independence, is only a pacifying myth for the masses.]

It was time that liberated the terms "liberal" and "socialism" from their dreaded status a decade ago. And it is time that has made us understand both the evils of fascism and the rarity of it within our political mainstream. Finally, we, the people, will not be deceived. Not by this, the oldest trick in the book of partisan hackery.

Mr. Goldberg needs to learn some new tricks. Or find a new book.

Sunday, 21 December 2008

Trouble

The Weekly Standard is at it again. It seems as if this bastion of American conservatism also happens to publish a plethora of writers with an innate ability to blow things ridiculously out of proportion, especially when it comes to the left. For a clear example, let's take a look at Fred Barnes' article, due to hit newsstands on the 29th, examining the troubles that lie ahead for President-elect Obama in the coming months.

The Little President That Couldn't?

In the article, Mr. Barnes outlines five obstacles to a smooth and successful early Obama presidency (I give him the benefit of the doubt here; in all honesty, it feels like Barnes is stretching for the last two points). To summarize: Obama promised transparency that he can't give; Obama's white house "czars" and his cabinet secretaries will inevitably clash; Congressional Democrats are not Obama's lapdogs; Congressional Democrats are much more eager to pursue the supposedly monolithic "liberal agenda" than Obama; and Obama's links to Illinois politics may damage him.

I mean no offense to Mr. Barnes or the Weekly Standard when I say that the last point is not even worth discussing. If certain elements within our free press will attack or question Mr. Obama's integrity, there is no way that I, a mere blogger, can dissuade them. However, I think that most of us can agree that the likelihood of a real and substantive link between Obama and the corruption of Governor Blagojevich is very unlikely and does not merit my time at this juncture.

Mr. Barnes does bring up a couple of worthwhile issues. With regards to the promise of transparency that Obama made prior to his election, it is certainly true that he won't be able to live up to it entirely. But there is absolutely no reason why, in this time of technological fluidity and expanding connection, the President of the United States couldn't devise and/or wield a system to make his less critical, less security-related decisions public and transparent. It is true that the story-hungry media will hound him regardless of his efforts but Mr. Barnes should acknowledge that this is the media's problem, and not necessarily Mr. Obama's.

In reference to the issue of conflict within the administration, it is my belief that Obama will be an intelligent and effective mediator, using his "czars" as Washington point men and assigning actual administrative, policy, and departmental management to the Cabinet secretaries. To say that there will be conflict between the two camps is to say that politics is a competitive process. Sure, alright, but this is nothing new. No go, Mr. Barnes; the system, especially under Obama's collegial style, should work out just fine.

Finally, with his wishful prediction that the Democratic Party will tear itself apart (again), Mr. Barnes reveals himself, at least in this case, as a partisan agent, rather than an objective journalist. Who is Mr. Barnes to say what the American people did and did not vote for? If they elected majorities in both Congressional chambers and sent a fairly liberal Democratic Senator to the White House, who is to say that a round of liberal initiatives aren't in order? Regardless, an independent legislature is a sign of a healthy democracy. You didn't see much dissension from the Republican Congress during the Bush years and we can all see where that got us. A moderate, intellectual pragmatist in the White House and a progressive Congress is a far cry from the failure that was a staunchly anti-intellectual Bush administration coupled with a reactionary and subservient Congress (read: 2001-2006 or disaster after disaster).

Even if all goes according to plan, the next eight years will be difficult; they will be straining to our social fabric and painful to our pockets. But face it, Mr. Barnes: you want to prove what cannot be proven, that Obama will do either harm or do nothing. Have faith, sir, that the American people who you, along with your fellow conservative "journalists", so vocally apotheosized in the hope of garnering votes for McCain, made the right decision for the next four years. With all due respect, who's the elitist now?

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I'm not sure how likely it is that something truly post-worthy will catch our attention before Christmas so, in case you don't hear from us, poLOLitics would like to wish all of our readers the best in this holiday season. May your children prosper, your fruit ripen, your pockets bulge...and all that jazz. Happy holidays!

Kevin A. Guerrero
Rod Blagojevich has the day off.