Matt Yglesias

20 Responses to “Political Instability Rises Along With Joblessness”

1. Don Williams Says:
   February 15th, 2009 at 10:37 am

   Re “One virtue of living in a democracy, of course, is that we can channel this kind of discontent in peaceful ways”
   ————
   Oh, I don’t know. If some bankrupt US citizen blew Texan Phil Gramm’s fucking head off with a shotgun, I don’t know that I would convict that citizen if I was serving on the jury.

   http://www.nytimes.com/2008/11/17/business/economy/17gramm.html?pagewanted=1

2. Don Williams Says:
   February 15th, 2009 at 11:01 am

   TIME magazine has a list of the top 25 people most responsible for the financial collapse: http://www.time.com/time/specials/packages/article/0,28804,1877351_1877350,00.html

   What’s interesting is the Names they LEFT off the list:
   Larry Summers, Robert Rubin,

   Plus Jim Saxby and Senator Bennett (Republican Chairmen of Congress’s Joint Economic Committee circa 2004-2006
   – and in my opinion among the people MOST RESPONSIBLE for this goatfuck.)

3. Petey Says:
   February 15th, 2009 at 11:14 am

   While all of this is interesting, I fail to see how it relates to the cultural importance of Iverson cutting his hair…

4. ron Says:
   February 15th, 2009 at 11:33 am

   In China Bernie Madoff would be in jail.

5. Walker Says:
   February 15th, 2009 at 12:01 pm

   Plus Jim Saxby and Senator Bennett (Republican Chairmen of Congress’s Joint Economic Committee circa 2004-2006 – and in my opinion among the people MOST RESPONSIBLE for this goatfuck.)

   CR points out that OTS Chairman John Reich is major player who is always overlooked in the “blame lists”.

6. Walker Says:
   February 15th, 2009 at 12:02 pm

   In China Bernie Madoff would be in jail executed.

   There, fixed that for you.

7. Walker Says:
   February 15th, 2009 at 12:02 pm

   I see that the “del” tag doesn’t work on this blog. Makes TFTFY posts a little tricky…

8. becca Says:
   February 15th, 2009 at 12:07 pm

   How so many seemingly intelligent people fell under the spell of Reagan, dem and GOP pols alike, astonishes me.

   He’s the one that sold us the economic McCarthyism that has devastated America. He should be burned in effigy during an internationally televised broadcast. The whole world would rejoice.

9. Waingro Says:
   February 15th, 2009 at 1:44 pm

   “Oh, I don’t know. If some bankrupt US citizen blew Texan Phil Gramm’s fucking head off with a shotgun, I don’t know that I would convict that citizen if I was serving on the jury.”

   I’m a bit more squishy than Don, so I can’t wholeheartedly endorse this-although I’d be satisfied if an unemployed computer programmer hacked into one of Gramm’s offshore bank accounts and fucking drained him of his ill gotten gains.

   Also- what the fuck is it with Texas producing a disproportionate amount of abrasive, ultra-right wing assholes- Gramm, Dick Armey, Tom DeLay. Is there a secret government asshole laboratory there?

10. wiley Says:
    February 15th, 2009 at 7:56 pm

    Iceland just overthrew their government with the Fleece Revolution.

11. burritoboy Says:
    February 16th, 2009 at 11:57 am

    “One virtue of living in a democracy, of course, is that we can channel this kind of discontent in peaceful ways—Barack Obama becomes president, Labour will almost certainly get the sack in the U.K.—whereas there’s some chance that an authoritarian country like China will totally melt down.”

    Um, Weimar Germany collapsed in the aftermath of the Depression. Democratic Italy collapsed during the recession after WWI. Unclear if the Depression caused Spain to go fascist. Authoritarian USSR, Hungary and others maintained stable (if, of course, authoritarian) forms of government.

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