Punishing your allies while rewarding your enemies is a very unusual strategy, but it seems to be the one the village has set forth as being Obama's best chance of success. ...
| Today's QUOTES:
| | In the end, the Panic of 1873 demonstrated that the center of gravity for the world’s credit had shifted west — from Central Europe toward the United States. The current panic suggests a further shift — from the United States to China and India. Beyond that I would not hazard a guess. I still have microfilm to read.
--The Real Great Depression by Lee Sigelman, The Monkey Cage
There is absolutely no reason to believe that the next time a Republican is elected to the presidency he or she won't pick right up where they left off. That is the story of the last 40 years and until there is some price to pay they will keep right on doing it, escalating each time. For all the Colin Powell's who have come over from the Dark Side, there a many more who were trained in this worldview during this long conservative era. At some point they will try to keep power permanently. All it would take is just the right kind of crisis for them to justify it. After all, the precedents are all lined up --- normalized and legalized each step of the way by Democrats who didn't want to spend their political capital to stop it.
--Torture Zombie by digby, Hullabaloo
What happened in the U.S. over the last eight years is about much, much more than what "the Bush administration" did. It begins there, but responsibility in the post 9/11-era is much more diffuse and collective than that. Shoveling it all off on the administration that is leaving, while exonerating our culpable media and political institutions that remain, isn't merely historically inaccurate and unfair, though it is that. Allowing that revisionism also ensures that the critical lessons that ought to be learned will instead be easily and quickly forgotten when similar episodes occur here in the future.
--Mumbai, the NYT's revisionism, and lessons not learned by Glenn Greenwald, salon.com
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