Right-Wing Echo Chamber Fomenting Panic About Fake Sino-Russian Global Currency Plan
Zhou Xiaochuan, head of China’s central bank, suggested earlier this week that we might need to transition away from exclusive reliance on the US dollar as a global reserve currency through the creation of a “super-sovereign reserve currency.”
I couldn’t possibly speak in detail about the merits of that proposal. But in a broad sense, the creation of the Euro, the integration of Russia into the global economic system, and the rising economic significance of China, India, and Brazil all argue toward the long-term adjustment of global economic institutions to a less dollar-centric dynamic. When these things were put into place, a large swathe of the world was Communist and not participating in its mechanisms, Europe was a land of many currencies, and the poor world was much poorer. Over time, things change. Meanwhile, a phrase like “super-sovereign reserve currency” is going to be confusing to most people. One thing political media and political leaders could do is try to explain it to people. Instead, as Ali Frick observes, Matt Drudge teamed up with Rep Michelle Bachman (R-MN), Glenn Beck, and Major Garrett to generate a massive freak-out about a U.N. conspiracy to create a “global currency” and “tie the entire globe together into one big government.” Check out TP’s video montage:
For any given insane freak-out, a majority of conservatives don’t happen to participate. But the non-participants don’t do anything to disavow their confrères doing the freaking-out. Some fuel anxiety about a mythical mag-lev train to Las Vegas. Others are now scaring people about a global currency. The other day, I saw Judd Gregg (R-NH) saying the United States was going to go bankrupt*, a hugely irresponsible step that no doubt isn’t making the Chinese feel any better. And almost nobody in the conservative media seems to feel that actually calming and informing their audience is part of their job.
* It’s a bit hard to know what this would even mean since the government can’t, legally, declare bankruptcy. The implication seemed to be that we would default on our debt payments, which is impossible. At the very worst—and honestly, it’s beyond worth speculating about these kind of outlandish scenarios—we might print money to cover debts and lose the ability to issue dollar-denominated debt in the future.
92 Responses to “Right-Wing Echo Chamber Fomenting Panic About Fake Sino-Russian Global Currency Plan”
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March 25th, 2009 at 1:16 pm
The renminbamero? The Ameroyuan?
March 25th, 2009 at 1:18 pm
Conservatives are obsessed with one-world government, to the point where one can begin to detect a bit of repressed longing in their outrage. Can’t explain why.
March 25th, 2009 at 1:19 pm
I can’t even read this. NOt that I don’t think it’s important to debunk these loons, I do, but I can’t read it, and I don’t need anyone to debunk them for me. My first thought upon seeing a picture of John Bolton and Glenn Beck together is, now there are two men who, in any humane, fair society, would be institionalized where they can’t hurt themselves, or others.
In American, they’re on the teevee.
March 25th, 2009 at 1:26 pm
Why do they always fret about a “one-world-government” rather a “one-government-world?” The latter implies a world with only one government, which is what they’re concerned about. The former seems more appropriate as a slogan for some kind of planetary secessionist movement.
March 25th, 2009 at 1:29 pm
Can I say again how much I love to see the Republican Party and modern U.S. conservatism reduced to having John Bolton barking at Glenn Beck, all trying to stir up the next Tim McVeigh?
March 25th, 2009 at 1:37 pm
I like the “The Road to Socialism” in a scary halloween font, so the viewer knows what we’re discussing. Kick Ass! I’d say.
That joke never gets old for me.
March 25th, 2009 at 1:37 pm
@scythia
Something about the anti-christ or something. I would think they would be rooting for it though, just like they are rooting for the temple to be rebuilt in Jerusalem.
March 25th, 2009 at 1:39 pm
Again, Matt really needs to look at what happened to the latest UK gilt auction. If he did, and understood what he saw, he might be a little more analytical here.
March 25th, 2009 at 1:40 pm
Agree on everything except that bankruptcy “cannot happen” – a lot of sovereign bankruptcies have happened in the past, including great powers’… France defaulted in the 18th century, when it was the world’s foremost power… so never say never – it is, however, an extremely remote possibility to see the US default, and indeed in fact this would certainly be replaced by massive inflation, but still… theoretically it is possible!
March 25th, 2009 at 1:41 pm
Not to mention that the Chinese need to fix the remimbi versus the dollar to maintain their export levels. Fixing the remimbi versus some “SUPERCURRENCY” would do approximately very little (as long as the countries the Chinese import into don’t use the MAXIMUMSEXYCOOLBUCK, the existence of it is probably at best irrelevant). Or, even worse for China, their import partners DO actually use the HYPERHIPDINERO and then China will then need to do much more machinations to fix the yuan against the MEGAMOOLA.
March 25th, 2009 at 1:44 pm
I can’t help thinking that Bolton’s response to this clear and obvious threat is to bomb Iran. I also can’t see a picture of him without thinking of Lewis Carroll.
“I weep for you,” the Walrus said:
“I deeply sympathize.”
With sobs and tears he sorted out
Those of the largest size,
Holding his pocket-handkerchief
Before his streaming eyes.
“O Oysters,” said the Carpenter,
“You’ve had a pleasant run!
Shall we be trotting home again?’
But answer came there none–
And this was scarcely odd, because
They’d eaten every one.
As to Glenn Beck, I defer to Shep Smith.
March 25th, 2009 at 1:45 pm
“a lot of sovereign bankruptcies have happened in the past, including great powers”
You can default if you have to pay out in a currency you don’t control (or historically, in gold or commodities, effectively the same thing). US government debt is denominated in US dollars, so we would have hyper inflation and only then would investors demand the debt be denominated in another currency. We’re so far away from that scenario it’s not worthwhile talking about.
March 25th, 2009 at 1:48 pm
@11
France went bankrupt because it owed debt backed by gold. You can’t print more gold, though it has been tried.
March 25th, 2009 at 1:52 pm
I give it 2 – 3 years max, before Matt’s dream world falls apart. BTW, the average maturity on the $1.5 trillion U.S. debt held by China is 300 days. 10 months. Draw your own conclusions.
March 25th, 2009 at 1:54 pm
I for one welcome our new Chinese overlords.
March 25th, 2009 at 1:56 pm
That’s not passive voice, Al. That’s active voice, the subject is “things” and the verb is “change”. Passive voice would be something like “things were changed”.
Please go pick up a grammar book and learn what passive voice is before you start lecturing about it.
March 25th, 2009 at 1:57 pm
Instead, as Ali Frick observes, Matt Drudge teamed up with Rep Michelle Bachman (R-MN), Glenn Beck, and Major Garrett to generate a massive freak-out about a U.N. conspiracy to create a “global currency” and “tie the entire globe together into one big government.”
Jesus, the stupid, it burns. The Chinese weren’t even talking about creating a new currency — they were talking about the possibility of a new reserve currency, i.e., using an existing currency other than the dollar (for example, the euro) as the base unit of global finance.
March 25th, 2009 at 2:00 pm
I’m becoming more and more convinced that right-wingers can’t even get themselves out of bed in the morning without being scared of something. Somewhere inside all that chickenhawk bravado and bluster there is a scared little child that cowers at the sight of its own shadow.
March 25th, 2009 at 2:04 pm
China can’t afford to let their biggest export market fail. If America sneezes, China catches a cold. There is nothing that the Chinese communist government is more afraid of than a billion out-of-work and hungry Chinese citizens.
March 25th, 2009 at 2:05 pm
I for one welcome the MAXIMUMSEXYCOOLBUCK.
March 25th, 2009 at 2:06 pm
MMMMM a “super-sovereign reserve currency” like the Gold Standard? If our right-wing nuts were smarter they’d realize that when they are calling for the Gold Standard they are also calling for a super-sovereign reserve currency. Sigh. Why can’t we have smart right-wingers?
March 25th, 2009 at 2:06 pm
I’m British. I don’t think you’re fortunate to have such a loony right wing. But I do think it makes your job too easy. You can make blog-sausage out of it. Just ignore them.
March 25th, 2009 at 2:13 pm
No Stefan they were talking about this:
“The IMF’s Special Drawing Rights are monetary units valued against a composite of currencies. Zhou said they should be used for international trade, financial transactions and commodity pricing, rather than just between governments and international financial institutions.”
IMF Special Drawing Rights already exist. Bachmann and co are so belligerently stupid they don’t know that we kind of have a super sovereign currency now and that it could easily be expanded and we used to have one called the Gold Standard. And the plan to expand the one we have now, might not be bad for the world economy or even the US (would be a tradeoff):
“Chinese attempts to diversify into other currencies lost them money and efforts to buy higher-yielding US assets ended badly. It would be in China’s interests to have another safe reserve asset – but this does not mean that it would be against America’s. It would, of course, make it more difficult for the US to finance its deficits. But America should not want the world to be yoked so tightly to its willingness to generate demand. Such imbalances are at the root of this crisis.
As Mr Zhou says, a reserve supercurrency could be created through further issuance of the International Monetary Fund’s Special Drawing Rights – the IMF’s in-house reserve asset. To enable and encourage take-up, he proposes wider uses for the SDR and giving some surplus countries’ reserves to the IMF for it to manage. Married with other necessary reforms, this plan would also empower the IMF to act more flexibly. Good.”
March 25th, 2009 at 2:14 pm
Let me see if I follow this … Yes, the global currency is terrible, which is why everyone should go on the gold standard … hmm.
March 25th, 2009 at 2:24 pm
Fox News question to the president last night: QUESTION: Good evening, Mr. President. Thank you. Taking this economic debate a bit globally, senior Chinese officials have publicly expressed an interest in an international currency.
A set up for these loons, expect to hear more about this from Sean, BillO, and the rest of their (un)stable of pundits.
March 25th, 2009 at 2:24 pm
What are you babbling about, Al? Matt’s post isn’t about the dollar not ever having a bad day on the currency markets; it’s about the Chinese and Russians developing an alternate currency to hold their reserves in.
March 25th, 2009 at 2:27 pm
Are the right wing nuts here and in the media that paranoid or just trying to gin up phony outrage? I mean, “new global currency”? This is about setting rates to a mixed pool instead of the dollar. Geez, get a grip.
March 25th, 2009 at 2:30 pm
I would like to say that I am also concerned about the train from Disneyland to the Bunny Ranch. I am concerned that I won’t be able to get a ticket on it because it sounds awesome. Anything that combines Disneyland, a brothel and a high speed train into one day of activities is going to sold out for months.
March 25th, 2009 at 2:31 pm
Al, I’m sorry you didn’t receive a very good education, but the passive voice is formed using a form of the auxiliary verb “to be” together with a verb’s past participle.
Here is an example:
Mistakes were made. (Were is the form to be, made is the past participle.)
Here is an example of a non-passive sentence:
Over time, things change. (Notice that there is no be verb?)
March 25th, 2009 at 2:33 pm
Considering what some Dems support giving the United Nations, concern if not panic is definitely warranted. And, considering things like this coming from “the other side”, we should be even more concerned.
March 25th, 2009 at 2:37 pm
The passive voice was not explained to Al in school.
March 25th, 2009 at 2:37 pm
The meaning of “passive voice” was misstated.
vs.
Al misstated the meaning of “passive voice.”
Capice?
March 25th, 2009 at 2:39 pm
Yeah 24, panic is definitely warranted. I live in constant fear of a blue helmet invasion. And what the fuck does that have to do with a global reserve currency?
March 25th, 2009 at 2:48 pm
Why do they always fret about a “one-world-government” rather a “one-government-world?” … The former seems more appropriate as a slogan for some kind of planetary secessionist movement.
Considering who we’re talking about, I’d believe it.
March 25th, 2009 at 2:51 pm
The implication seemed to be that we would default on our debt payments, which is impossible.
One of the closest, recent brushes with default for a G8 nation was UK, 1992. Yglesias’ boss pulled the Pound Sterling (almost all the way) down, and hit for $1.1B. It was one other, very big, cut of a thousand with which the Brit left has slashed at their own sovereignty. He (& Matty) have plans for us too. Debt at 60% of GDP would be a crisis. And as y’all know, don’t ever waste a crisis.
March 25th, 2009 at 2:59 pm
Portions of the left wing have been formeting this as well. The folks at Angry bear have been posting recently about the demise of the dollar as the world reserve currency using the same press releases and statements.
March 25th, 2009 at 2:59 pm
Uh, Al? The dollar hasn’t actually changed much at all today. Down less than 1% against the yen and euro, up less than 1% against the pound and loonie. The kind of change that happens every day. Do you just expect people won’t see if you’re actually telling the truth or something?
And yes, “things change” is obviously an active voice sentence, even if it’s not all that descriptive. Some of us remember middle school english.
March 25th, 2009 at 3:06 pm
Looking back, ‘formeting’ may be too strong of a word, as the original posts are linked without much comment, like here:
http://angrybear.blogspot.com/2009/03/worlds-reserve-currency-becoming-shared.html
Also this series of articles was linked.
http://www.atimes.com/atimes/China_Business/KC18Cb01.html
otoh, as is internet tradition, linking without comment is normally tacit approval, while linking with disapproval and/or skeptism is normally called out more explicitly.
March 25th, 2009 at 3:08 pm
What makes you think that Al graduated from elementary school?
March 25th, 2009 at 3:18 pm
Jeffrey,
Now don’t go confusing Al. It will take a little bit for him to absorb the lesson on passive voice. We should wait on the disctinction between a transitive and instransitive verb.
March 25th, 2009 at 3:28 pm
The lesson on passive voice was eventually absorbed.
March 25th, 2009 at 3:41 pm
Neglected to ask earlier, can I exchange my Yankee dollars for the New World Order superturbo!dollars at the new UN checkpoint roundabouts?
http://www.rumproast.com/index.php/site/comments/teh_crazy_goes_round_and_round/
March 25th, 2009 at 4:09 pm
There’s a difference between the world no longer using the dollar as their reserve currency and a bunch of countries hacking together some form of Esperanto-buck as a new global currency.
March 25th, 2009 at 4:15 pm
Al, “to spill” can be both transitive and intransitive. In that example it is instransitive (from dictionary.com):
“Intransitive verbs have no passive form. Some verbs which appear at first sight to be intransitive are in reality, or were originally, transitive verbs with a reflexive or other object omitted; as, he keeps (i. e., himself) aloof from danger. Intransitive verbs may take a noun of kindred signification for a cognate object; as, he died the death of a hero; he dreamed a dream. Some intransitive verbs, by the addition of a preposition, become transitive, and so admit of a passive voice; as, the man laughed at; he was laughed at by the man.”
Apologies to Jeffrey, Al really did need to be introduced to the concept of an intransitive verb.
March 25th, 2009 at 4:18 pm
Al-
Via wiki:
“An ergative verb is a verb that may be either transitive or intransitive, and whose subject when it is intransitive plays the same semantic role as its direct object when it is transitive. For example, fly is an ergative verb, such that the following sentences are roughly synonymous:
* The airplane flew.
* The airplane was flown.
* [Someone] flew the airplane.
One major difference is that the intransitive construction does not permit an agent to be mentioned, and indeed can imply that no agent is present, that the subject is performing the action on itself. For this reason, the intransitive construction of an ergative verb is often said to be in a middle voice, between active and passive, or in a mediopassive voice, between active and passive but closer to passive.”
March 25th, 2009 at 4:26 pm
Great, years of planning for the reconquista, establishment of Atzlan and storing up the super-secret Amero coins, down the drain.
Viva MAXIMUMSEXYCOOLBUCK!
March 25th, 2009 at 4:53 pm
You might hope Al’s humiliation on this would cause him to slink away forever. But as befits the internet’s No. 1 hack, he has literally no shame.
In a certain way, his commitment to self-degradation in service to his masters is impressive. It would be interesting to have a beer with him and try to get him to explain what in his psychological background leads him to be such an incredible bootlicking toady.
March 25th, 2009 at 5:39 pm
I’d just like to say that any fomenting necessary to bring about the rise and eventual domination of the MAXIMUMSEXYCOOLBUCK is Fine By Me, and I pledge to act as the echoiest of echo chambers in the pursuit of World Domination via MAXIMUMSEXYCOOLBUCK.
Though I, too, am shamed by the utter failure of the reconquista. I’ve got my Ameros wrapped in burlap and buried under the porch.
March 25th, 2009 at 5:42 pm
Also, I really enjoy the word “fomenting.” To foment. Active or passive, that’s a great word.
I fomented. (Active!)
I was fomented upon. (Passive!)
March 25th, 2009 at 6:16 pm
Look, Al is wrong about the technical meaning of “active voice” vs. “passive voice”. So on that point he fails grammar class. But he has a point that locutions like “things change” or “shit happens” tend to be obfuscatory and avoid discussing what’s really going on, i.e. who is the actor causing the actions.
March 25th, 2009 at 6:39 pm
Al, you are a nuisance and a sophist with no credibility here. Don’t you think that admitting you’re wrong on something relatively trivial, instead of engaging in your usual song and dance, might help you going forward?
March 25th, 2009 at 6:40 pm
Damn that right wing echo chamber at Bloomberg.
March 25th, 2009 at 6:44 pm
It’s no coincidence that China’s central bank came out with this right after Obama and the Fed determined to start printing money (or it’s modern day equivalent) to devalue the dollar.
Well, not really Al. The discussion has been around for a long time. And China has been mad for a while that it has stuck itself with a bunch of T-Bills. I would say, though, that the conversation really heated up last year when the Euro noticeably strengthened against the Dollar. That is when China and Russia and others started mentioning this more seriously. Also, Special Drawing Rights have been around since the IMF was formed. Initially they were pegged to Gold, but now they are pegged to a basket of currencies. So expanding their use would not be revolutionary.
March 25th, 2009 at 6:46 pm
MattY gets p0wned… by Instapundit. Maybe they could go off to the hinterlands to engage in immortal combat and leave the rest of us alone.
March 25th, 2009 at 6:46 pm
@33. The goose wins the thread.
March 25th, 2009 at 7:03 pm
I have 30 years experience in international currency policy, and this is a very bad thing for the United States, similar to the sunset of the Pound Sterling as the global reserve currency in the 1970’s.
The Saudis, Iranians, et al have discussed the option of an alternative for the past 15 years but did not have the momemtum to take it beyond the talking stage. The fundamental reason is that there is a deep distrust of United States economic policies related to currency stability. This includes massive debt and devaluation as happened in the late 1970’s after Vietnam. The social security and entitlement bubbles are part of the problem.
The world was willing to accept TARP I. They are not willing to watch the United States turn on the printing presses 24/7 and not take responsible corresponding actions to shore up the Dollar. Obama’s policy to date shows no understanding of these fundamental economic principles. To call it a right wing conspiracy shows a clear mis or disunderstanding of the underlying fundamentals.
The risk being run is the sunset of American economic leadership of the global economy. Of course some of our leftist citizens might welcome this, but the reality is that their fair trade coffee, Volvos, and Birkenstocks will be too expensive for them to afford any longer.
March 25th, 2009 at 7:05 pm
What a bunch of clowns here. While you engage in a lame debate about active versus passive voice, you ignore the greater humiliation of M. Yglesias as our Sec. of Treasury sends the dollar plummeting with his stupid off-the-cuff remarks about being open to a new reserve conspiracy. Yes, yes, Fox is dumb, etc., but Yglesias is a clown.
Oh, and the gov’t can’t default? I wouldn’t be so certain about that. Gov’ts have defaulted in the past–there’s nothing so magical or genius about ours that insulates us from that possibility. Gregg simplifies the matter by calling it bankruptcy, but its SHTF effect is nearly the same. Hell, we’re just one failed debt sale away from the SHTF.
March 25th, 2009 at 7:23 pm
I know there is no point, as Al is not going to consult an elementary grammar of English, but here goes anyway. Though the passive voice can be used to obscure the agent, it isn’t the ‘whole point’ of it. ‘A silly mistake was made by Al’ is in the passive voice. If he wasn’t a perfectly representative present day ‘conservativism’ in being unable to admit a mistake, he could rephrase his point, without dragging in grammatical terms that he plainly doesn’t understand, along the following lines:: ‘things don’t just change, someone makes them change, and in the present case that someone is Obama’ or ‘things don’t just change, they are made to change by someone [n.b. use of passive voice!], and in the present case that someone is Obama’ Of course, it’s absurd to lay the changes Matt has in mind at Obama’s feet or make them the responsibility of any one actor or easily defined set of actors, but that’s another argument.
March 25th, 2009 at 7:42 pm
While you idiots fiddle about grammar, the dollar burns.
This JournoList thing is the gift that keeps on giving, isn’t it? Here’s a clue: try to vary the verbiage just a little bit. When you and every other lefty write about the “right wing echo chamber”, it’s not hard to figure out where it came from. And you might want to avoid the phrase “echo chamber” altogether for a while, given those unfortunate comments earlier this month.
March 25th, 2009 at 8:03 pm
Excellent post J. Though I would quibble with the defense you put in Al’s mouth. A plant, for example, grows and by doing so it changes. It would be odd, however, to think of the plant as an actor. On another level, as you point out, changes in the international system can rarely be attributed to one actor. The change is composed of millions of little actions by various actors. That is why change can be both transitive and intransitive, to reflect that reality.
March 25th, 2009 at 8:22 pm
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March 25th, 2009 at 8:29 pm
What a bunch of idiots? How do you JournoList boobs face each other in the morning when you go all in on an excuse only to be shown as complete fools by the leftist you are trying to protect?
So let me get this straight, leftist have given up free thought for talking points issued each morning to be pushed to your awaiting zombies. At least we now know why multiple websites and news organizations use the exact same phrasing in “reporting” on issues or events.
I think there is a word for what you people have become…sheeple!
March 25th, 2009 at 8:31 pm
Just get David Axelrod to download the drama he sends to Obama’s teleprompters and you can all march in lockstep.
I believe, I believe, I believe, I believe…………
March 25th, 2009 at 8:45 pm
MAXIMUMSEXYCOOLBUCK it is, comrades!
“There’s a difference between the world no longer using the dollar as their reserve currency and a bunch of countries hacking together some form of Esperanto-buck as a new global currency.”
Look, to create a new reserve currency you need a hell of a lot more than a bunch of hot air. The only reason the euro got off the ground is that it had the backing of the Bundesbank, probably the third most powerful central bank in the world and Italy, Spain, Portugal and Greece wanted to get real currencies, not the variations on soiled toilet paper they were using before. The IMF is under the thumb of the Americans and Euros, with the US having three times the voting power of the nation with the most votes (Japan).
I.e. IMF MAXIMUMSEXYCOOLBUCKS not going to happen. Unless the Chinese want to hand over at least a couple trillion to the IMF, which also isn’t going to happen.
March 25th, 2009 at 10:06 pm
You gotta love Geithner.
March 25th, 2009 at 10:36 pm
hey are not willing to watch the United States turn on the printing presses 24/7 and not take responsible corresponding actions to shore up the Dollar. Obama’s policy to date shows no understanding of these fundamental economic principles. To call it a right wing conspiracy shows a clear mis or disunderstanding of the underlying fundamentals.
Matt@65,
Blame that on Bernanke. Bernanke has the power to print out a whole of dollar bills.
March 25th, 2009 at 11:06 pm
Matt got his Right Wing echo chamber confused with s hiJournoList Left Echo Chamber, apparently.
March 25th, 2009 at 11:24 pm
Isn’t that the case for conservatives and liberals alike?
March 26th, 2009 at 12:03 am
And the Instapundit trolls come pouring in. By their mindless “JournoList” insults ye shall know them.
March 26th, 2009 at 12:11 am
So Geithner says the “Fake Sino-Russian Global Currency Plan” MIGHT be a good idea and the dollar tanks. Matt, you have to get that boy on JournoList.
March 26th, 2009 at 12:15 am
Chris D Says:
March 26th, 2009 at 12:03 am
And the Instapundit trolls come pouring in. By their mindless “JournoList” insults ye shall know them.
=============================================================
Geithner is willing to consider what Yglesias says is a total fabrication of the right-wing echo chamber? Sorry, that’s just too fat a target
March 26th, 2009 at 3:10 am
Yes sometimes the JournoList really behaves like a symphony.
This time it neglected to account for those dissonant sounds in the background from the global currency exchanges.
>By their mindless “JournoList” insults ye shall know them.
As opposed to the mindless “yeah right” comments from the others.
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March 26th, 2009 at 8:58 am
Matthew,
Geesh, we already are bankrupt. That’s not a conspiracy theory. You know the big hint is that our debit levels keep going up and our deficit levels. We can’t possibly pay off our debt with the clowns that are in office, either Republican or Democrat.
The only way we can pay them off is to print more money. That assumes we just don’t repudiate them. Either way the rest of the world is going to value dollars at a much lower value.
March 26th, 2009 at 9:02 am
Journnolist is the new “tire gauge.”
The drones who all mutter it at the same time – because that’s what the do in the right-wing echo chamber, they all say the same thing at the same time – think they’ve really got a winner this time.
Good luck, fellas! Once people find out that some bloggers are on a listserve – whoo, bar the door, Martha! It’s going to be like “tire gauge” all over again!
March 26th, 2009 at 9:03 am
All the trolls talking up “JournoList”. Seems kind of lockstep to me.
The erection-drug spammers bring a wider variety of thought than the idiots repeating “Journolist” like a mantra.
March 26th, 2009 at 9:04 am
Journnolist is the new “tire gauge.”
The drones who all mutter it at the same time – because that’s what the do in the right-wing echo chamber, they all say the same thing at the same time – think they’ve really got a winner this time.
This is pretty funny.
Left wing echo chamber vs right wing echo chamber! Which group of mindless group think drones will win!
(hint: you’re both a collection of mindless sheep, doin’ what you are told)
March 26th, 2009 at 9:18 am
Naderite “not a dime’s worth of difference” people are the most deluded partisans of all. Unlike people on the left and right, who at least recognize the theoretical possibility that they could be subject to confirmation bias, people who buy into the nonpartisan “Pox on both their houses” narrative think that their reflexive reaction inoculates them from the possibility of confirmation bias, so they are even less likely to demonstrate any self-awareness.
March 26th, 2009 at 10:00 am
Left wing echo chamber vs right wing echo chamber! Which group of mindless group think drones will win!
I don’t know, maybe we can hash it out in the Instapundit comment threads. Oh, wait…
March 26th, 2009 at 11:16 am
I actually think the chinese are onto something good. But, it doesn’t go far enough. What the world needs is a single currency and monetary system, run under the authority of the UN or its designee. A single world currency would eliminate a whole host of problems.
March 26th, 2009 at 12:17 pm
I’m tired of the right and left wing echo chambers but the right wing’s lickspittle minions I find particularly annoying. They are largely working class or middle class, they stand to gain from the Obama administration’s policies on tax restructuring and health-care reform but they parrot talking points which would meanly deny the same benefits to others. Kapos, the lot of ‘em.
March 27th, 2009 at 1:51 am
I missed something, when did the dollar tank? These guys missed it too:
http://www.exchange-rates.org/history/USD/EUR/G/30
24, when did Henry Kissinger become the spokesperson for the left in this country?
What could possibly worry people about a “world government”? We’ve got probably six of the most powerful navies in the world conspiring together and they can’t stop Somali pirates in speedboats. You newly converted libertarians should take a page from the real libertarians, the anarchists. Use your freaking imagination. Typing “devastating” comments about the Journolist on a computer network developed and funded by the largest military on Earth is not the epitome of “self-reliance,” you wannabes.
March 27th, 2009 at 1:53 am
Ian, good call on the “kapo” characterization. I don’t know about a “left-wing echo chamber.” At least left-wing blogs have open comment sections.
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