tag:blogger.com,1999:blog-20372724.post2132296471394319648..comments2023-09-01T09:38:54.262-04:00Comments on Dumb Looks Still Free: SOS from Robert Reich: Stuck On StupidA Jacksonianhttp://www.blogger.com/profile/07607888697879327120noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-20372724.post-50809091121622756662010-09-08T14:56:27.153-04:002010-09-08T14:56:27.153-04:00Brad - The largest change to 'save' the co...Brad - The largest change to 'save' the country economically started with Woodrow Wilson and the Federal Reserve, the place that Tim Geithner came from. Note that he was part of the FR under Bush and pushed those economic policies from the powerful NY Fed office. That Tim Geithner then 'moved up' to help Obama and become Turbo-Tax Tim of the Treasury should give us all pause: he is not a creature of D or R but has worked assiduously to expand government power no matter the party.<br /><br />I contest that the Federal Reserve, SEC, Freddie, Fannie, Ginnie (especially a Nixon creation), Sallie and other artifacts of government intervention in the economic system come from the Progressive/Socialist venue that started with Theodore Roosevelt and the Progressive movement. Centralizing economies is not an outgrowth of US Federalism but European Statism (first Monarchies, then Autocracies and then Social Democracies). Progressives bring those into the US and the centralization concept comes with them. Some roots can be traced to Hamilton and Hamiltonians have much to answer for in their conception of robust intervention by the federal government, but the breadth and scope come from European Marxists and Socialists.<br /><br />This is not a Bush/Obama, Left/Right concept but one of faith in a market system that needs little regulation or a great trust in a centralized State. When anyone pushes ideas from the top, down, they are centralizers, no matter their position in the left/right sense: they do not trust you and me to make decisions for ourselves. Libertarians can do that, too, pushing social concepts from government, though they do so less frequently the siren song of a powerful government is hard to resist. Even Reagan did nothing to cut back the massive State. Thus my problem is with Progressivism and Socialism, Centralizationists, not D or R, left or right.A Jacksonianhttps://www.blogger.com/profile/07607888697879327120noreply@blogger.comtag:blogger.com,1999:blog-20372724.post-63835638612573332972010-09-08T02:59:56.312-04:002010-09-08T02:59:56.312-04:00THERE IS ONLY ONE VERY SMALL PROBLEM, THE BAIL OUT...THERE IS ONLY ONE VERY SMALL PROBLEM, THE BAIL OUT THAT WAS THE LARGEST PART OF SAVING OUR ECONOMIC SYSTEM WAS NOT PUT IN PLACE BY MR. OBAMA, IT WAS PASSED BY MR. BUSH. I THOUGHT HE WAS A REPUBLICAN. I GUESS SAVING OUR ECONOMIC AND THE WORLDS ECONOMIC SYSTEM WAS STUPID. MAYBE A STUPID REPUBLICAN TACTIC BECAUSE THEY ARE LIBERAL LIBERAL LIBERALUnknownhttps://www.blogger.com/profile/15341220631305993220noreply@blogger.com