How to kill Financial Regulatory Reform


Memo has been issued by Frank Luntz, the same guy who came up with the playbook on how to turn the public against health care reform. Expect to hear a whole lot more of these talking points coming up. A lot more of the same. “The status quo is not an option” talking points when arguing FOR the status quo. Hopefully the American public won’t be so stupid this time, but I wouldn’t count on it. :rolljerk:

this reminds me of the BBC article that I just posted in the healthcare thread.

“It’s like a French Revolution in reverse in which the workers come pouring down the street screaming more power to the aristocracy.”

Yep. There’s a reason the rest of the industrialized world mocks the average American as a naive, fat redneck with no worldly knowledge.

lol that’s goddam Orwellian.

http://newsgrist.typepad.com/.a/6a00d8341c66f153ef01157215f760970b-500wi

What was the title of the memo? “Ignorance is Strength”?

I still need to see the British documentary where this guy went around blue collar areas of the US and tried to get poor people to explain why they voted for bush when basically none of his stated policy stood to benefit them.

Patriotism. It’s hard to understand policy, it’s easy to understand “Git them sand-niggers!”

the other theory is that the poor people felt like if they voted with the wealthy that they were part of the club. It came down to foolish pride.

It’s linked in the original but here’s the same guy’s memo about health care. Look familiar?
http://www.pnhp.org/news/2009/may/frank_luntzs_the_l.php

So I was thinking about this a bit last night, trying to figure out why I didn’t necessarily think Luntz is a big bag for writing this stuff.

Turns out I don’t fault him for what amounts to good politics. These spin doctoring essays are a reflection on us as voters and how stupid we are. That we can be convinced that change is the same and inaction is true change is disturbing and as I mentioned straight out of Orwell’s 1984. When politicians can convince us that up is down and war is peace and inaction is change then all hope is lost.

I’m not pointing fingers at the right. I’m sure the same documents exist for the left. If there’s anything that’s bipartisan in this country it’s “stupid.”

Well said Fry.

How to kill financial reform:

  1. SCOTUS rules that corporations have unlimited ability for campaign contributions, err… free speech.
  2. Pay bankers huge bonuses despite populist disgust.
  3. Attempt to pacify populous with measured and temporary cuts and other political theater.
  4. Volker, and others, step back from their early (and right) support of glass-steagall type restrictions and other strong reforms.
  5. ???
  6. Profit $$$