The Truth Is Out There
And it's going viral:
Well, maybe not always THIS "out there," just not embeddable. At any rate, if the Democrats' devastation of the financial markets is becoming a rising pop culture topic, it may be safe to say that their thus far successful blame deflection to the GOP is undergoing serious erosion. Either that or Hollywood is sufficiently confident in Obama's inevitability that they feel like the truth can no longer hurt him.
I have to think the latter explains Alec Baldwin's inexplicable candor:
The, the thing we have to remember, a friend of mine who is very close to the financial community in New York pointed out that Democrats have a lot of the responsibility for this as well. I mean, it was Clinton who killed the Glass-Steagall, and it happened under a Democratic president. Barney Frank and his committee, they, they kept propping up Fannie Mae and Freddie Mac saying everything's fine, everything's fine, everything's good. And it was his job to know everything wasn't fine. And Barney Frank let you down and let us down as well.
"Killing Glass-Steagall" had nothing whatsoever to do with killing Wall Street, of course; it just allowed banks to diversify their holdings, which helped mitigate the damage, if anything. But just imagine Alec Baldwin - the same Hollywoodie who, during the Clinton impeachment saga, publicly called for the public execution of the late GOP Congressman Henry Hyde and his entire family - publicly letting slip that Fannie/Freddiegate is not, after all, "entirely" a Republican "deregulation" scandal. Is overconfidence causing the Left to lose its message focus?
Maybe this helps explain Nostrildamus' sudden haste in convening his House Oversight and Government Reform Committee to "investigate" anybody and everybody but the party primarily responsible for carpet-bombing the financial sector:
Democrats aimed their harshest attacks at deregulation and CEO pay, using former Lehman Chairman and Chief Executive Officer Richard Fuld as an example during a recess hearing of the House Oversight and Government Reform Committee.
Chairman Henry Waxman (D-CA) also released internal documents showing Lehman’s compensation committee recommended $20 million in “special payments” to three departing executives on September 11, four days before the firm filed for bankruptcy.
Republicans, for their part, launched a campaign to pin the financial meltdown on Fannie Mae and Freddie Mac, and attacked Waxman for not holding a hearing to dig into the now-nationalized mortgage giants.
“Any hearing on oversight that does not begin with Fannie and Freddie and [former Fannie Mae CEO] Franklin Raines will be a sham,” said Representative John Mica (R-FL). “This is like investigating a train robbery and only talking to the dining car stewards.”
Christopher Shays' ringing denunciations of Donk culpability are of particular interest:
And why does Chairman Waxman want to keep out of the public record any documents that show who is actually responsible for the subprime meltdown? To save taxpayer money, of course! A claim dripping with risible contempt for the intelligence of his listeners, but still not quite as malicously insulting as that of his dinnermashing comrade.
Perhaps I've been too pessimistic about justice being done in this economic hurricane. It's like a dam has burst and all the carefully cultivated and reinforced mendacious levees the Donks built around Barack Hoover Obama and themselves are fracturing under the deluge. Or maybe the better analogy is the Egyptian Army racing across the bottom of the Red Sea after the Israelites and not quite making it to the opposite shore before the waters collapsed on them.
Or maybe the election is already over and the coast is clear for them.
At any rate, here's ten more minutes of truth-reinforcement as a public service:
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