Economy coming down whether Romney or Obama...our only Hail Mary is RP and drastic cutsSubmitted by monticello on Wed, 08/22/2012 - 15:43
Ask yourself, when the financial sector collapsed in '08/09, did intervention or capitalism take the blame? The answer---capitalism and a lack of regulation took the blame for the collapse. We all know, in reality it was the exact opposite, intervention and regulation caused the mess, but the PR story line and perception was that unfettered capitalism caused the mess...unfortunately, perception becomes reality. With the upcoming financial crisis many of us see on the horizon, the real battle will be a PR/educational battle of what caused this mess and how do we move forward from the ashes. I ask this rhetorically; Do we want in the White House one who gives the appearance of capitalism and free market with his lips, when things fall apart? What will take the blame? Do we want our ideology to take the blame, when in all reality we know it was just a whited sepulcher? Or would we rather an avowed socialist take the hit? For the sake of the movement and ideology, I'm conflicted.