A day that should live in infamy:
Hank Paulson’s bloodless banking coup demonstrated that a nearly all-powerful government which believes it is untouchable can and will do anything once it gins up enough of a crisis atmosphere. Paulson’s putsch gave cover to the long list of heavy-handed actions which have followed during the Obama administration, from arbitrarily changing the pecking order in bankruptcy, to preventing nonunion manufacturing plants from opening, to defying direct court orders, to Dodd-Frank’s attempt to permanently keep the government in banks’ boardrooms — and much, much more.
This, too, is what fascism looks like.
Yes, I remember that, and I said at the time that it set the table for the Obama administration to take government intervention in the economy to the next level.
Which just goes to show that it’s both parties that want to walk down unlimited government street.
Another answer to the paradoxic question, “How could all those good German people allow a fascist to come to power?” Speculation that it can’t happen here…