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Capital, Capitol, Thanatos

In one of the oddest, and most potentially self-destructive moves ever in democratic history, lawmakers and politicians in America have voted down the package to save the American economy, even though Obama and McCain, broadly, supported it. I am speechless, not a normal Eyewear thing to be. I suppose this was to save their skins (average folk were mightily agin it). Where does this leave the presidential candidates, and, more vitally, the capitalist economy? By calling such a massive bluff, will these elected mavericks herald the end of the banking system, or prove that the death-knell was less close than argued. This is a weird moment.

Comments

Andrew Shields said…
Todd, isn't this in part because nobody believes the Bush administration anymore when they say that something must be done immediately to avoid catastrophe?

It reminds me of how the Major government's approach to BSE destroyed its credibility as far as making statements about science was concerned.

It's the boy who cried wolf, the boy being Bush, the wolf being "mushroom clouds," "heckuva job," and the like.

And the representatives are listening to their constituents instead of to Bush and Co.
Andrew Shields said…
Looking back now, I don't regret that hipshot in my previous comment, but I was giving the people who voted the thing down WAY too much credit! Many of them were apparently not principled at all, but just petty.

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