The next chair of the House Financial Services Committee, Rep. Spencer Bachus of Alabama has been quoted saying lawmakers and regulators should "serve" Wall Street. Speaking to the Birmingham News, Bauchus said, "In Washington, the view is that the banks are to be regulated, and my view is that Washington and the regulators are there to serve the banks." Shortly before the midterm elections that propelled him into the committee chairmanship, Bachus urged a gathering of financial industry lobbyists to donate heavily to Republicans in response to the Democrats’ overhaul of financial regulation.
I've often expressed the view that if Jesus came to modern day American, his message would be so incredibly inconvenient that the conservative right would promptly call for his death. This video (which I first caught at Daily Dish) develops that same idea. The video takes the form of a political attack ad on Jesus:
Jonathan Haidt is convinced he understands the thing that spurs on Tea Partiers: karma. He argued his position in an October 16, 2010 article appearing in the Wall Street Journal. Haidt based his conclusion on various surveys designed to tease out the differences and similarities among different types of voters.
Those surveys show that American voters across the board love “liberty.” This is a problem for progressives because it doesn't distinguish them from Tea Partiers. We struggle to distinguish Tea Partiers in other ways, then, claiming that they are more racist, greedier or more gullible. Jonathan Haidt is not convinced.
[Karma is] the Sanskrit word for deed or action, and the law of karma says that for every action, there is an equal and morally commensurate reaction. Kindness, honesty and hard work will (eventually) bring good fortune; cruelty, deceit and laziness will (eventually) bring suffering. No divine intervention is required; it's just a law of the universe, like gravity.
The idea of karma comports with a common human desire that moral bank accounts should be balanced. In the eyes of Tea Partiers, this desire to see a balancing of moral bank accounts is sharply frustrated by government policies that allow bad deeds (e.g., the failure to work hard) to go unpunished. The main problem is that social safety nets get in the way of karma. In the language of evolutionary psychology, Tea Partiers have highly sensitive cheater detectors. They believe that most welfare programs reduce incentives for working getting married, especially among the poor. Another example raised by Haidt is that birth control and abortion separate "irresponsible" sex from its natural consequences (babies). Another example concerns liberal approaches to criminal justice, which allow too many criminals to get away with crime. [caption id="attachment_15561" align="alignright" width="300" caption="Image by edayi at dreamstime.com (with permission)"][/caption]
Tea Partiers "want to live in a country in which hard work and personal responsibility payoff and laziness, cheating and irresponsibility bring people to ruin.” Haidt contrasts Tea Partiers to liberals, who don't like the idea of karma, because it allows "differences in talent and effort to result in unequal outcomes.”
Haidt also points out a fault line that underlies conservative politics. Tea Partiers starkly part ways with libertarian and pro-business conservatives, such as those run by Dick Armey, who support bailouts of big banks.
"Now jump ahead to today's ongoing financial and economic crisis. Those guilty of corruption and irresponsibility have escaped the consequences of their wrongdoing, rescued first by President Bush and then by President. Obama. Bailouts and bonuses sent unimaginable sums of the taxpayers money to the very people who brought calamity upon the rest of us where is punishment for the wicked?"
Further complicating things, Libertarians and pro-business types are more similar to liberals than to Tea Partiers on the three "binding foundations" (of Haidt's five foundations of morality): group loyalty, respect for authority and spiritual sanctity. And see here for more on Haidt's five moral foundations.
Haidt did not discuss social Darwinism in his article, but it seems to be the elephant in the room. It's one thing to say in the abstract (as Tea Partiers say) that we need to let the chips fall where they might, but what do you do about the tragedies? Nothing? Tea Partiers tend to be evasive about what they should do about homeless people and sick people who don’t have insurance. Tea Party rhetoric suggests (wrong-headedly in my opinion) that everything always comes out for the best in the end, without intervention of government. Everything will be as it should thanks to free market fundamentalism. That is what we are hearing from a mostly older bunch of folks who are happily benefitting from social security and Medicare while ranting about government programs.
I think that Jonathan Haidt has made a good point regarding Tea Party pursuit of karma, but I think that the full picture also requires the recognition of Tea Party hard-heartedness and hypocrisy.
Ron Paul gave a brief speech in the House Thursday, December 9th about Wikileaks. You can watch the YouTube embedded in this post, or read Paul's remarks here.
Paul ended his remarks with the following nine questions:
1. Do the American people deserve to know the truth regarding the ongoing war in Iraq, Afghanistan, Pakistan and Yemen?
2. Could a larger question be: how can an Army Private gain access to so much secret material?
3. Why is the hostility mostly directed at Assange, the publisher, and not our government’s failure to protect classified information?
4. Are we getting our money’s worth from the $80 billion per year we spend on our intelligence agencies?
5. Which has resulted in the greatest number of deaths; lying us into war, or WikiLeaks’ revelations or the release of the Pentagon Papers?
6. If Assange can be convicted of a crime for publishing information, that he did not steal, what does this say about the future of the First Amendment and the independence of the internet?
7. Could it be that the real reason for the near universal attacks on WikiLeaks is more about secretly maintaining a seriously flawed foreign policy of empire than it is about national security?
8. Is there not a huge difference between releasing secret information to help the enemy in the time of a declared war—which is treason—and the releasing of information to expose our government lies that promote secret wars, death, and corruption?
9. Was it not once considered patriotic to stand up to our government when it’s wrong?
Thomas Jefferson had it right when he advised: “Let the eyes of vigilance never be closed.”
Why should members of Congress get to receive lots of tainted largess, whereas judges are left behind? At least three federal judges don't see a problem with judges accepting expensive services from an organization financed by large corporations, corporations that often appear before the judges as litigants:
"An organization called the Foundation for Research on Economics & the Environment (FREE) routinely hosts free junkets for federal judges where they can ride horses, bunk with industry attorneys, and learn how to decide environmental cases in ways that benefit FREE’s corporate funders. Those funders include corporations such as Texaco, Exxon, General Electric, Koch, Monsanto, and Shell. FREE’s board of trustees includes three sitting U.S. Court of Appeals Judges: Edith Clement of the Fifth Circuit and Alice Batchelder and Danny Boggs, both of the Sixth Circuit. Yet, despite the obvious ethical problems raised by Clement, Batchelder and Boggs’ service on the board of an organization that both provides free trips to judges and is funded by frequent litigants before those judges’ courts, these three judges continue to serve."
http://www.huffingtonpost.com/2010/12/09/bpa-found-on-receipts-and_n_794067.html
Hello, I invite you to subscribe to Dangerous Intersection by entering your email below. You will have the option to receive emails notifying you of new posts once per week or more often.