"In politics we learn the most from those who disagree with us..."

"The great enemy of the truth is very often not the lie--deliberate, contrived, and dishonest; but the myth--persistent, persuasive, and unrealistic. Belief in myths allows the comfort of opinion without the discomfort of thought." - John F. Kennedy



Purple Nation? What's that? Good question.

Neither Red nor Blue. In other words, not knee-jerk liberal Democrat or jerk Republican. But certainly not some foggy third way either.

In recent years partisan politics in America has become superimposed on cultural identity and life style choices. You know - whether you go to church or not, or whether you drive a Volvo or a pickup, or where you live. This promotes a false political consciousness that we hope to remedy here.

There are both myths and truths to this Red-Blue dichotomy and we'd like to distinguish between the two. So, please, read on, join the discussion, contribute your point of view.

Diversity of opinion is encouraged...

Thursday, April 8, 2010

Let's Get Real.

I love this excerpt from Peggy Noonan's article in the WSJ:
This week's Financial Industry Inquiry Commission hearings were so exciting, such a public service. The testimony of Charles Prince, former CEO of Citigroup, a too-big-to-fail bank that received $45 billion in bailouts and $300 billion in taxpayer guarantees, was riveting. You've seen it on the news, but if you were watching it live on C-Span, the stark power of his brutal candor was breathtaking. This, as you know, is what he said:

"Let's be real. This is what happened the past 10 years. You, for political reasons, both Republicans and Democrats, finagled the mortgage system so that people who make, like, zero dollars a year were given mortgages for $600,000 houses. You got to run around and crow about how under your watch everyone became a homeowner. You shook down the taxpayer and hoped for the best.

"Democrats did it because they thought it would make everyone Democrats: 'Look what I give you!' Republicans did it because they thought it would make everyone Republicans: 'I'm a homeowner, I've got a stake, don't raise my property taxes, get off my lawn!' And Wall Street? We went to town, baby. We bundled the mortgages and sold them to fools, or we held them, called them assets, and made believe everyone would pay their mortgage. As if we cared. We invented financial instruments so complicated no one, even the people who sold them, understood what they were.

"You're finaglers and we're finaglers. I play for dollars, you play for votes. In our own ways we're all thieves. We would be called desperadoes if we weren't so boring, so utterly banal in our soft-jawed, full-jowled selfishness. If there were any justice, we'd be forced to duel, with the peasants of America holding our cloaks. Only we'd both make sure we missed, wouldn't we?"
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OK, Charles Prince didn't say that. Just wanted to get your blood going. Mr. Prince would never say something so dramatic and intemperate. I made it up. It wasn't on the news because it didn't happen.

It would be kind of a breath of fresh air though, wouldn't it?
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