So MIT professor Simon Johnson writes that the naive simpleton Obama “still doesn’t get it”
http://www.huffingtonpost.com/simon-johnson/obama-still-doesnt-get-it_b_456408.html
Paul Krugman is shocked that Obama could be so “clueless”
http://krugman.blogs.nytimes.com/2010/02/10/clueless/
Once again, the mighty wurlitzer of the right wing control of media works to destroy the Democrats and honest government – with economists standing in for the discredited New Republic as the “even the liberal” critics.
And it’s all bullshit – as usual
At least DKos had an immediate calling out
http://www.dailykos.com/story/2010/2/10/835693/-Arianna-lies-about-what-Obama-said-%28until-called-o
n-it-here%29-updated
But fuck these people, seriously. The only Democratic President we have is trying to win a 10 front battle against Republicans, Bankers, a corrupt and witless congress, a massively propagandistic media, and the power of corporate money – and the best we get from these people who claim to be on our side is constant whining and attacks.
Duncan Black, having the sense to be obscurely terse doesn’t embarrass himself as grossly as his fellow liberal-economists, but comes up with a:
Free-Market System
I do not think that phrase means what President Obama thinks it means.
which he then amends to a snide:
Better
But perpetuating the fantasy the the builders of Big Shitpile are operating according to the rules of the magic free market fairies is still a problem.
One hour later when the transcript reveals the knee-jerk whimpering to be as ill-founded as usual. Hey, when you make a poorly informed snap attack, the onus is on you to make a real apology when the bullshit won’t sell, not to sidestep with another bit of snark.
Let me explain something: everybody but academic economists and Tea Party morons understands that there is no such thing as a pure free market. When the President compared Blankfein to baseball players who didn’t make the playoffs he knew something that Black apparently forgot: baseball is a legally sanctioned monopoly making its main money from contracts with TV broadcasters and cable companies that – how’s this – are also legally sanctioned monopolies. Funny how that works.
But thanks so much for helping generate more noise on Frank Luntz spin. Maybe you dumbfucks should read the original instead of being left to reflect it via what you learn from Politico.