Wretchard: A flaw in your reasoning is the fact that the “old authority” or their “cultural ascendancy” was financed to a great degree either indirectly or directly though the government purse. So it is not so much a matter of switching “domains” as openly trying to “man the walls” of their sources of cash. (BTW, they do not care if it anything is “resource limited” or not, they are not the forward thinking or patriotic. They literally cannot make a living in a free market system were they would have to earn their own way.)

I think a great many people, by the way, are aware that those institutions are bankrupt. The clients of those institutions have been mostly the left anyway. I think it will not be that rough.

The bizarre contempt for Bush, who actually was not that bad of a president, all things considered, is testament to this. It can be seen as a psychological displacement or projection phenomena, and this just might account for its strange intentity, and its aspect of a “group psychosis”.

At some level people have already internally acknowledged it all.

The biggest problem is what to do with all those unemployed==and unemployable–liberal “knowledge workers”.

It is the best thing that could happen.