Wall Street Journal Conference...USA moving LEFT

[commanding]

The accompanying populist rhetoric prompted former SEC chairman Arthur Levitt to declare at a Wall Street Journal conference Tuesday (http://us.lrd.yahoo.com/_ylt=Avqi5TZAyNsNbIA.5D04GD5l7ot4/SIG=11smckduq/**http%3A//online.wsj.com/article/SB123792916530530165.html): "We are a centrist nation [but] we're now shifting to the left pretty far in terms of business-bashing and it has reached extremes of incivility that are intolerable."


LINK for the whole article: http://finance.yahoo.com/techticker/article/218493/The-Empire-Strikes-Back:-Wall-St.-Threatens-to-Take-Ball,-Go-Home

[Stainless Steel Rat]

Given that the Wall Street Journal (Editorial Arm) thinks most things since the Emancipation Proclamation have moved the USA left, I take this with a grain of salt.

If Big (Financial) Business can't take some bashing in the current economy, they need to go back to thumb-sucking.

And the incivility, it seems to me, has come from both sides of the aisle when it comes to Congress, albeit the Democrats are the loudest and most prolonged.

YMMV.

[TheSteve]

Well, if anything we are now moving more towards the center.

[ting]

Being a lefty from a lefty country on a lefty continent, I can tell you all that it really is not as bad as you make it out to be.;-)

[Dilla2k]

Alls i can muster up is a big "no **** sherlock". With the disaster the right was responsible for of course people are gonna shift. Then when the left starts ****ing up then it will start moving back right. Its an ugly balancing act.

[vryhpyammoadded]

And the more I move towards living the life of a rich, happy gangster who eats socialists in back alleys for fun, games and a really big, easy profit.

F big government criminals using these excuses to put the boot on my wallet.

They're going to turn this place into Raymond Cocteau's Autocratic dystopia San Angleles. I hope you enjoy everything good being “bad for you, now illegal” and can figure out the three shells. Be well citizen.

[Izmirlian]

OOOOH NO we're shifting left!!! Too much big business bashing??? BIG FRACKING DEAL

[bucketfoot-al]

There is a lot of irony in life (if you live long enough). I will give you an example (purely hypothetical, of course):

One is born in a communist country, then escapes to the good ole USA and freedom.

One serves his adopted nation proudly in uniform, even while most native born Americans don't.

One lives to see his adopted homeland elect a Marxist President.

One starts planning to retire in the Old Country, which has in the meantime turned into a capitalist democracy.


(http://ultimatebattleshipyamatosite.tripod.com/the_ultimate_battles/)

[commanding]

Al, I get the feeling you have a story to tell. Thanks for your service. Hope you retire well, and enjoy it. :)


There is a lot of irony in life (if you live long enough). I will give you an example (purely hypothetical, of course):

One is born in a communist country, then escapes to the good ole USA and freedom.

One serves his adopted nation proudly in uniform, even while most native born Americans don't.

One lives to see his adopted homeland elect a Marxist President.

One starts planning to retire in the Old Country, which has in the meantime turned into a capitalist democracy.


(http://ultimatebattleshipyamatosite.tripod.com/the_ultimate_battles/)

[acosta]

don't you guys think moving left is good for the economy? any reform from status quo need catalyst.

simply look back at Clinton years, renovation, IT,etc.,what bush had done for the good of everyone? the world?

business bashing is not always a bad thing, in some sense.

[philbob]

i think acosta is a troll:roll:

[Mr Gently Benevolent]

One lives to see his adopted homeland elect a Marxist President.Having read Marx I find nothing in President Obama's policies vaguely Marxist. I saw Mr McCain as the one who would punish the bankers and the speculators.

[commanding]

Having read Marx I find nothing in President Obama's policies vaguely Marxist. I saw Mr McCain as the one who would punish the bankers and the speculators.

Looks like a plain case of difference of opinion doesn't it?

[1curious]

An interesting thread…

Gee, having read all the posts so far, I find Stainless Steel Rat’s view the closest to my view…

Just to add some color. The notion that the Wall Street Journal is somehow wearing the white hat is ridiculous. As a free-market-middle-of-the-road conservative, I used to read the paper daily….until I stumbled on few total falsehoods by WSJ.

Specifically, their coverage of Russia-Georgia conflict and the ‘gas war’ with Ukraine was so ideological and so poor on facts that I gave up my subscription. I mean, I have to question the entire editorial line as stuck in some kind of outdated agenda after reading the crap I KNOW (as someone intimately involved) was poor journalism by editorial design.

[Mr Gently Benevolent]

Looks like a plain case of difference of opinion doesn't it?An opinion on what makes President Obama a Marxist is going to take some defending. Obama orbits around the political middle ground and McCain was only a degree to the right of it.

[Dilla2k]

I just dont see how you can have it both ways. One righty will say hes in wall-streets pocket and another says hes to hard on wall-street. The right needs to get their talking points in order.

[bucketfoot-al]

An opinion on what makes President Obama a Marxist is going to take some defending. Obama orbits around the political middle ground and McCain was only a degree to the right of it.

The only people who think that "Obama orbits around the middle ground" are denizens of the two Coasts who are completely out of touch with reality.

And who still believe that George McGovern was a "moderate" in 1972.