Think of most people's attitude towards taxes if you listen to this at around the 13 minute point.
Monkey see monkey do. For us old monkeys life today is the same silly nonsense as we witnessed during Reagan #1 and if we asked our grandparents the same nonsense as witnessed under Hoover. Consider the real estate bubble under Reagan the S&L Scandal. "There was a huge housing market crash in early 1989, right as GH Bush took over that happened along with the Savings and Loans Collapses, which also needed a multi-billion dollar bailout, and they were all hauled in to Congress for questioning."#2 Does this sound familiar or what?
Curiously there was no comparable tea party when Reagan started the destruction of the middle class. I guess when billionaires are racking in the dough, there is no need to gather the whiners together and bus the nuts to Washington.
The most amazing thing about the conservatives of today is their ahistorical nature. The young have no idea that we have been there before, and the same policies that created today's crash, created the crashes in the past.
But if Ms Santos is right, it may be that the monkeys can only be monkeys and can only repeat the same tired nonsense over and over and over again. Thankfully, occasionally liberal and left leaning thinkers throw stupidity for a loop. Galbraith and others do that often. FDR did it when he regulated the greedy fools who manage money. It is why posting can be a good thing for the soul of the good people on the left.
Why does no one ask why they do not bail the small businesses?
"Laurie Santos looks for the roots of human irrationality by watching the way our primate relatives make decisions. A clever series of experiments in "monkeynomics" shows that some of the silly choices we make, monkeys make too." Laurie Santos: A monkey economy as irrational as ours | Video on TED.com
"In 1980, the chief executive officers in the top three hundred largest American companies had incomes twenty-nine times that of the average manufacturing worker. Ten years later the incomes of the top executives were ninety-three times greater." (Source, Galbraith, The Culture of Contentment)
#1 http://www.nytimes.com/2009/06/01/opinion/01krugman.html
#2 What was there under Reagan AND Bush a huge housing and stock bubble, followed by a huge economic bust…? | Bubble Economy News 2.0
Monkey see monkey do. For us old monkeys life today is the same silly nonsense as we witnessed during Reagan #1 and if we asked our grandparents the same nonsense as witnessed under Hoover. Consider the real estate bubble under Reagan the S&L Scandal. "There was a huge housing market crash in early 1989, right as GH Bush took over that happened along with the Savings and Loans Collapses, which also needed a multi-billion dollar bailout, and they were all hauled in to Congress for questioning."#2 Does this sound familiar or what?
Curiously there was no comparable tea party when Reagan started the destruction of the middle class. I guess when billionaires are racking in the dough, there is no need to gather the whiners together and bus the nuts to Washington.
The most amazing thing about the conservatives of today is their ahistorical nature. The young have no idea that we have been there before, and the same policies that created today's crash, created the crashes in the past.
But if Ms Santos is right, it may be that the monkeys can only be monkeys and can only repeat the same tired nonsense over and over and over again. Thankfully, occasionally liberal and left leaning thinkers throw stupidity for a loop. Galbraith and others do that often. FDR did it when he regulated the greedy fools who manage money. It is why posting can be a good thing for the soul of the good people on the left.
Why does no one ask why they do not bail the small businesses?
"Laurie Santos looks for the roots of human irrationality by watching the way our primate relatives make decisions. A clever series of experiments in "monkeynomics" shows that some of the silly choices we make, monkeys make too." Laurie Santos: A monkey economy as irrational as ours | Video on TED.com
"In 1980, the chief executive officers in the top three hundred largest American companies had incomes twenty-nine times that of the average manufacturing worker. Ten years later the incomes of the top executives were ninety-three times greater." (Source, Galbraith, The Culture of Contentment)
#1 http://www.nytimes.com/2009/06/01/opinion/01krugman.html
#2 What was there under Reagan AND Bush a huge housing and stock bubble, followed by a huge economic bust…? | Bubble Economy News 2.0
