Political Class Dismissed

Bill’s a gracious host and allows Dr. Paul to clearly express himself unlike those two Beltway Right Media Pundits, Hannity and O’Reilly. Buuuuuuuuut check out how quickly they end the interview when he brings up Afghanistan and Obama’s expansion of the American empire. Will the Left overlook Obama’s imperialism if he satiates their desire for welfarism at home? Also, silly Billy thinks the Free Market created the crisis and RP’s response on that question goes right over his head. But I give Bill credit for acknowledging the huge waste that is the drug war. I wish liberals would stand up for things like that more but progressives tend to have low energy for initiatives that would reduce government intervention into peoples’ lives.

So, progressives, please stop blaming it on free-market capitalism and greed. You’re just embarassing yourselves.

From The Independent Institute’s awesome blog, The Beacon:

In an insightful interview, Fannie Mae’s first Chief Credit Officer, Edward Pinto, corroborates our Research Fellow Stan Liebowitz’s Independent Policy Report, Anatomy of a Train Wreck: Causes of the Mortgage Meltdown. Interviewed by Chip Hanlon, President of Delta Global Advisors, Pinto discusses how the affordable housing/lending lobby chipped away at lending standards until there were none, creating a gigantic and nonviable financial bubble that has triggered a global recession. Click here for more…