Occupy Wall Street, RIP
Ron Radosh parks it
with his deconstruction of the Occupy movement’s origins and almost inevitable descent into standard left-wing rhetoric and theatrics. It’s a shame. I know of a number of non-lefty people who really wanted the rallies to keep their initial focus on Wall Street’s shenanigans. But the subversives were subverted by the subversives. … Ron via Reader No. 1.
One major quibble: For the life of me, I don’t understand how someone as smart as Ron can make the bone-headed mistake of blaming the Obama administration for the bank bailouts. The initial bailouts occurred under the Bush administration and have kept right on going, via the Federal Reserve, which effectively allowed the banks to pay back their bailout debts with indirect bailouts via the fed’s discount window.
I know those on the right feel compelled to bash Obama at every turn. But, really, the basic facts about the bailouts aren’t really in dispute. HBO couldn’t possibly be wrong!