Thursday, October 6, 2011

Sarah Palin Quit a Governorship, and Bails Out of a Race for President

Americans don't like quitters. Just like they don't like bailouts, unless they get one. All the Wall Street occupiers would go home tomorrow if you just gave them what they want: cancellation of their student loans. Political protest? I call it extortion.

I'm guessing the polling in the aftermath of Palin's Sept. 3 "crony capitalism" speech didn't look very good, either, otherwise Sarah would be getting ready to run right now, not announcing that she's quitting before she's begun.

I don't think anyone really believed her on Sept. 3, seeing how she defended the bailouts after McCain's defeat. She got the religion against bailouts long after the fact, then didn't press it home consistently as the number one issue and got sidetracked by all kinds of other stuff, only to find at this late juncture that the issue has, unhappily, lost its intelligibility among the electorate.

Government intervention in the financial sector has been too bewilderingly thorough-going and complex even for the experts to explain, even when they've been against it. Which is why people end up accepting facile explanations, which boobs like Rush Limbaugh excel at explaining and which elites are happy for people to believe as the surest way forward to business as usual.

One day after declining to run, here, Rush Limbaugh is telling his listeners that the bank bailouts were a big success, that TARP has been repaid, and that the banks are on the side of free-market capitalism, so don't be deceived and fall for occupywallst.org.

Too bad we haven't really had any free market capitalism since FDR, just big shots who stand to gain the most because they are the first in line for the money, which other big shots need at preferred rates to do business.

Try to remember that every time Rush takes an obscene profit center time out.

The rest is just entertainment.