That’s what I said..Corrupt, conniving businessmen use liberal causes like
affordable housing and turn it to their own ends. James A Johnson did that exact
thing re Fannie-Freddie. As the current bottom up revolution develops-there will
be squabbling, discontent and malfactors waiting in the wings. My mail was about
realizing that there are ethical voices out there that your “group” has not
recognized and have much to contribute. It really comes down to the individual
morality of the leaders or representatives. I’m convinced a Monarchy can have
more freedom than a Democracy-if the Monarch uses his power beneficently. There
are selfish, unscrupulously people everywhere-even in the homes of those
supporting the “Commons.”
and
just a remark, for several decades, we had very successful and relatively
uncorrupt public housing in Europe, which helped millions of working class
people to a house, either through cheap rent or cheap mortgages .. in fact, the
real estate bubbles started at pretty much the same time they stopped doing
this, and housing shortages became permanent after this ...
just to
mention the example of my own family, in a country which still had child
labourers dying in their teens until the fifties, 'government policies' insured
free education, free healthcare, cheap quality housing, allowing a child of two
orphan working class parents to go to the university ...
all of this was
slowly dismantled, but not completely, in the 80's with the neoliberal
counterrevolution ...
I would not be surprised if U.S. welfare
institutions were gutted and defunded, then blamed for their failures because
they were 'government' ...
I'm not saying this as an absolute fan of
'government', just as a counterpoint to the right-libertarian myth that
governments are always bad and corporations always good (I'm slightly
exagerating but the essence is really that)
Natalie, most often you will
see that those pocketing the $$$ are not 'liberals' but actually
archconservatives using libertarian justifications for their looting
...
Michel
On Wed, Oct 12, 2011 at 8:36 PM, Natalie Golovin
<10natalie@cox.net>
wrote:
Hello Peers-I've been following Michael Hudson for a long
time. Libertarian
economic ideas are shunned by mainstream candidates &
progressives won't
listen with open minds. If you like Hudson & Yves
Smith- maybe P2P could
listen more carefully to details put forth by Ron
Paul, Ralph Nader, Dennis
Kucinich. Not the panacea you imagine, but much
closer to freedom then the
criminals in charge now. Hope you've read
"Reckless Endangerment" and
learned how conniving businessmen used
affordable housing and were protected
by an aura of political
correctness-to build the Fannie/Freddie scheme.
Often regulatory capture is
used by the Left to promote equality but the $$$
ends up in the pockets of
the liars-posing as liberals.
--
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