Swiped this from Ace’s Headlines sidebar. Watch as Rick Santelli smacks around the smug Ezra Klein:
It’s fascinating to watch. I love how Klein’s assertions are based on a book that “people say” was the best written on the financial crisis.
Here you have the intellectual Klein, learning about the world from university lecture halls and think tanks, while Santelli earns a living in the real world and dares speak truth to power on CNBC. What do you think would happen? Reality beats ivy-league utopianism every time.
It reminded me of this:
Tax cuts do not . . . create jobs . . . When we do not ask the super rich and the corporations who make billions of dollars of profits off of the American economy [for more taxes], we will not have the funds to keep that engine running . . . to make sure that we can meet our nation’s obligations to our seniors, our children and our poor.”
That was Congresswoman Barbara Lee, of the uber-liberal, progressive caucus in the House of Representatives. Both Lee and Klein share the same mindset–that the free exchange of capital and resources should be left to the discretion of the government, that is to say, not as free. That’s a scary prospect, as we are seeing the real-time results of those policies throughout Europe. Their ideology is a failed ideology of government control and power in the name of social “justice”, with dismal outcomes.
It’s telling that networks still listen to people like Klein, and people elect politicians like Lee.