Well, obviously she’s far from the only one, but Ms. Waters represents the kind of ultra-reactionary pseudo-liberal who, in the guise of helping her own people (bringing dirt cheap loans through Freddie and Fannie), not only wrecks their lives but pulls down everyone else in the process. Her views, if you can call them that, are embarrassingly on display here. (video via Instapundit)
And she will be reelected, no doubt (as will every other clown who created this mess – Chris Dodd, Barney Frank, etc). That is the way of the world. Democracy, as Churchill, E. M. Forster and Plato pointed out, has its limitations. The problem is – elitism may be worse. There are no real elites anyway–maybe there never have been–just a bunch of phonies pretending they are. And that is just part of the problem as we sit here at the brink of what few of us contemplated would occur in our lifetimes – a Depression.
Meanwhile, the leaders of our country run around like chickens with their heads cut off. Nancy Pelosi acts like a partisan lunatic with a cognitive disorder, Barack Obama remains sniffingly above the fray for fear of alienating a single voter… and, sad to say, John McCain hasn’t done much better, though, in retrospect, at least he made a show of doing something by returning to Washington.
Not that any of it matters. Tinseltown has once and for all come to Washington, I regret to say, because William Goldman’s famous words about Hollywood are now equally true for the nation’s capital: “Nobody Knows Anything.”
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