Liberty within the confines of its opposites; views on news; political and economic commentary; financial observations; money and investing; philosophical eclecticism; historical perspectives; literature reviews; LRC hero watch; calculating socialists; things that remind us that, no matter how far we run, the jungle is everywhere...

7.21.2010

Polite Society

Have you ever seen a more polite environment on Earth than a Congressional hearing featuring the Federal Reserve chairman as the star, invited guest?

For those dupes who buy into the left-right, Republican-Democrat false dichotomy charade at face value, Washington is normally a place of great political animosity. Differing political ideologies result in intractable debates. Compromise is lost amongst some place between somewhere impossibly far away, and no place at all. Feelings run the gamut from intense disgust to near-violent hate. The Capitol is a place of soreness and gridlock.

But when the Fed chairman comes by, Congresscritters march to the beat of a different drum. Suddenly, there's something everyone can agree on-- the Fed chairman is a pretty swell guy!

Politicians stumble over each other trying to heap praise and approbation on this visiting gentlemanly scholar. Perpetual thanks and appreciation for the monetary sage abound. Any criticism that might be aired is wrapped in a shroud of thoughtful, apologetic and considerate suggestiveness.

What's this all about? How does it go from hatefest to lovefest with the simple prescence of one (admittedly GREAT!) man?

I'll tell you what it is. Look below and beyond the self-serving statements, the gross gratitude of the Fed chairman and everything he does and represents and all of his many supposedly wonderful gifts, talents and mortal characteristics and the attempts to gain the official Federal Reserve stamp of approval for yet another proposed regulation or governmental intervention -- all in the name of preserving the safety, stability and soundness of the general economy, of course! -- and this is what you will hear:
Thank you, thank you, THANK YOU, Mr. Fed Chairman, for keeping this great Ponzi scheme going just a while longer. Thank you for allowing my predecessors an opportunity to kick the can down the road just long enough for me to get elected and join this prestigious, fun and all-expenses-paid joyride of a club called the United States CONgress. Thank you, also, for managing to keep this leaky bucket afloat just long enough for me to slip out the back door before it sinks, so I don't have to deal with it on my watch. Thank you, Mr. Fed Chairman, for allowing us all to be as irresponsible, corrupt and dastardly as we can possibly be. Without you, we'd be half the crooks we are today. You, sir, make it all possible. We are eternally grateful!

So you've read this far?

This is about telling a story and making a point (or two). It is not about promoting or sustaining a debate on any of the topics covered. If you must contact the author, the author can be e-mailed at madvillain (period) the (period) rhg (at) gmail (period) com.

What I've said in the past...

!NOTICE! Your IP has been logged and your visit is being tracked via StatCounter...