Not knowing business is, in fact, bad for business

Or, "The Federal reserve and the Department of the Treasury are *different*? Well, it doesn't matter -- I'm sure you're evil too!!"

By Jeff Emanuel Posted in | | | | Comments (16) / Email this page » / Leave a comment »

Democrat Budget Committee Member Marcy Kaptur (D-OH) apparently thinks she's grilling a different person about economics and policy here (Secretary of the Treasury Hank Paulson) than the person she's actually talking to (Federal Reserve Chairman Ben Bernanke).


As you see, she's winding up to use the "You were the CEO of [the eeeeeeeeeevil] Goldman-Sachs" avenue of attack....and it stopped dead in her tracks by the fact that she was too unprepared to know that that is an entirely different person. It's a little tougher to attack someone for their steal-from-the-poor history and supposed economic ignorance when that person turns out to be not the former CEO of an [eeeeeeeeeeeeeevil] corporation, but the former head of an Ivy League Economics Department.

Then again, Ms. Kaptur could just be using the "machine gun" approach, in which one simply sprays a choice invective at everybody within range, with the knowledge that, sooner or later, it will hit somebody and stick. In other words, if you have folks (especially Bush appointees) on the Hill testifying about economics every day for a week, and you accuse them all of being the former CEO of Goldman-Sachs, well, one of these days you might actually be right -- and then that person can catch their due amount of hell for being such an eeeeevil representative of corporate America.

But hey, don't take this as an indicator of overarching ignorance; you know that you can trust the Democrats to craft economic policy and to know what stimuli will work best in the U.S. economy, even though they can't even get their attacks aimed at the right people!


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Not knowing business is, in fact, bad for business 16 Comments (0 topical, 16 editorial, 0 hidden) Post a comment »

by the same ghost writer that Huck used for his Foreign Affairs essay.

Can't a very honest attack on an incompetent Democrat exist without spilling Republican blood along the way?

Or whoever advises HRC about Pakistani elections.

(No Republican blood? check. Incompetent Democrat? check.)

...he handled that very well.

The Fuzzy Puppy of the VRWC. I've been usurped!

The Fuzzy Puppy of the VRWC. I've been usurped!

After all, look what he's done for NJ

"Nec Aspera Terrent"
bene ambula et redambula
Contributor to The Minority Report

classic.

"No compromise with the main purpose, no peace till victory, no pact with unrepentant wrong." - Winston Churchill

---
Underlying most arguments against the free market is a lack of belief in freedom itself. - Milton Friedman

Same folks that brought you the circular firing squad. LOL.

Hopefully campaign commercials are already being made!

Marcy may not be the sharpest tool in the shed, but she has definitely proven that she's a tool.

Please, Nanny Kaptur, save us from evil corporations! Spread your bureaucratic goodness oveer these fruited plains with freebies and economic justice(!) for all.

By the way, where will the tax revenue to splurge on hand-holding healthcare, underperforming public schools, and environmental folly come from when we're all working for the government?

--
"We want great men who, when fortune frowns, will not be discouraged." - Colonel Henry Knox

Lots of fun in first-person shooters, looks really bad in committee hearings.

I don't think that i have laughed that hard in a long time.

Fred08 - Contribute Now

In the Clinton world, that might be 'bimbette' - not even ready to be a full 'bimbo'.
But I would not want to be using clintonesque terms off handedly.

 
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