The Republicans...are in the difficult position of trying to sell Wall Street's position on the Regulatory Reform bill to their base. That might not sound so very difficult, given that the Tea Partiers in particular continue to oppose further government regulation and have used the idea that Barack Obama's government is "taking over the banking sector" as a rallying cry. But Wall Street isn't exactly popular with the Tea Party, either, so selling their side of the debate on this bill is a bit of a sticky thing.
Leave it to Sarah Palin to come up with the solution. This is from a post on her Facebook page. I advise everyone to read it, since it's a highly amusing piece of propaganda:
The current debate over financial reform demonstrates what happens when political leaders react to a crisis with a raft of new regulations. First off, the people involved in writing government regulations are often lobbyists from the very industry that the new laws are supposed to regulate, and that's been the case here. It should surprise no one that financial lobbyists are flocking to DC this week. Of course, the big players who can afford lobbyists work the regulations in their favor, while their smaller competitors are left out in the cold. The result here are regulations that institutionalize the "too big to fail" mentality.
Moreover, the financial reform bill gives regulators the power to pick winners and losers, institutionalizing their ability to decide "which firms to rescue or close, and which creditors to reward and how." Does anyone doubt that firms with the most lobbyists and the biggest campaign donations will be the ones who get seats in the lifeboat? The president is trying to convince us that he's taking on the Wall Street "fat cats," but firms like Goldman Sachs are happy with federal regulation because, as one of their lobbyists recently stated, "We partner with regulators."
Sometimes it's hard not to admire Sarah Palin.... It's clever, you have to admit.
It might be. Maybe it is clever. But it isn't Sarah. I mean, c'mon. Look at those two grafs. Sarah couldn't have written them. I'm not sure she could read them without somebody having to explain them using words at the Green Eggs and Ham level.
Since even otherwise intelligent people are buying into the idea that Teh Cuda may speak at a 1st grade level but thinks and writes "cleverly", maybe it's time to find out who's actually writing this stuff for her. Lynn Vincent wrote Cuda's "autobiography" but the syntax and coherence are at a higher level than that book. I think Sarah's Facebook page is being written by one of Frank Luntz's grad students. It's got his patented Orwellian reverse logic all over it.
Somebody look into this because it's confusing Matt. He's beginning to think she's, you know, smart.
I'm starting to believe it myself.
This is not good.
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