One of the hallmarks of a politicized society is that people caught up in the mix tend to believe that there is a "keeper of the secret" just over the horizon -- if only we can get this person into office. Lest one think I exaggerate, remember that during the fall of 2008, Barack Obama rode into office on a wave of the worst kind of, frankly, idolatry, as children's choirs literally were singing "Obama's gonna save us" and worse.
(I hope that the Statlers and Walldorfs of this blog will admit that Obama DID run as a Messiah, and his campaign did little to dispel that notion that The Chosen One was going to fix everything. Hmmm. How well is THAT working out today?)
Paul Krugman today has a new "Keeper of the Secret," Elizabeth Warren. Yes, Elizabeth Warren is "gonna save us" if only she can do the job that Dodd-Frank (or, as I like to call it, "FrankenDodd") has declared she will do.
Before addressing some of the specifics of Krugman's column, let me point out that people (like Krugman) who believe that we can have successful centralized government planning of the economy also tend to believe that there is a Special Person, the "Keeper of the Secret" who actually can make socialism or Socialism Lite work without the whole apparatus crashing and burning. Obama was the latest Knight in the White House, and we are told that if only -- if only -- Bobby or Teddy or even John, Jr., Kennedy could have occupied 1600 Pennsylvania Avenue, that today we would be living in a socialist heaven.
Now to Elizabeth Warren and Krugman's latest screed about how the Mean and Evil Republicans are picking on Messiah Lite. First, and most important, the position of "director" of FrankenDodd's "consumer protection agency" is supposed to be appointed by the president but approved by...Congress. So, the same people who screamed bloody murder when George W. Bush appointed people to various positions in the government and did an end run around Congress now are screaming bloody murder because Congress doesn't bow down and worship the person Obama appointed in an end run around Congress.
Sorry, people, if you want to have a politicized society, then you have to understand that in politics, truth and fairness simply don't matter. Krugman embraced that principle long ago and now he is enraged when others do the same thing.
Do you remember when the New York Times and people of Krugman's political ilk were going after Charles W. Pickering, calling him a racist and a Klan sympathizer? Yes, this is the same Charles Pickering who testified in 1966 against Sam Bowers, who at the time had a legal license to murder anyone he saw fit (including Goodman, Schwerner and Chaney in 1964). Bowers had the support of Mississippi's political establishment during that time, so going against him literally meant Pickering's life was in danger.
Furthermore, the Mississippi chapter of the NAACP -- the African-Americans who best knew him -- supported his nomination to be a federal appeals court judge, but the people allied with Paul Krugman successfully filibustered his nomination. The great Left-Libertarian Nat Hentoff -- not someone who might be mistaken for a Klan supporter -- called the whole thing reprehensible and excoriated the NYT and Senate Democrats for their outright lies.
I include this because Krugman seems to be of the belief that only Republicans engage in character assassination for political purposes. In fact, Krugman is a willing participant in character assassination -- when it suits his political goals -- so when he claims that only the other side does it is not something I find credible.
In Part II of this post, I will deal with the specifics of Warren and her role in FrankenDodd. Granted, I am sure that Krugman would say that the only reason I am questioning his column is because I want the Banksters to get away with financial crimes and I want people to go bankrupt. After all, only evil people can disagree with Paul Krugman.