From here via Naked Capitalism:
Now really, isn’t this the very heart and soul of liberalism? Leave all the core institutions of the society alone — including that most ancient and hallowed of institutions, poor people — but think, think very hard, about clever ways to improve the lot of those… poor… people. Everything is on the table. Sky’s the limit. Think. Think! Think outside the box!
Except the one unthinkable idea: abolish the poor. Which is to say, give ‘em money.
Bullseye!
And it encapsulates the rapidly deteriorating Obama Presidency.
What are we going to do about health care? I know, let’s keep the corrupt for profit health insurance companies and dick with the system around the edges! Awesome, that’s great, we’re great!
What are we going to do about predatory banking and shitty risk management on Wall Street? First off, let’s not break any banks up. Let’s keep those messes intact and dick around the edges.
And on and on it goes.
