Available Now! (click cover)

America's Counter-Revolution
The Constitution Revisited

From the back cover:

This book challenges the assumption that the Constitution was a landmark in the struggle for liberty. Instead, Sheldon Richman argues, it was the product of a counter-revolution, a setback for the radicalism represented by America’s break with the British empire. Drawing on careful, credible historical scholarship and contemporary political analysis, Richman suggests that this counter-revolution was the work of conservatives who sought a nation of “power, consequence, and grandeur.” America’s Counter-Revolution makes a persuasive case that the Constitution was a victory not for liberty but for the agendas and interests of a militaristic, aristocratic, privilege-seeking ruling class.

Tuesday, September 23, 2008

Moving Target

The people who refuse to believe that their beloved home-ownership promotion program is largely to blame for what's going on today can't quite make up their minds about what is to blame. They "know" it has something to do with not enough regulation. But what? First they argued that the Bush regime engaged in an orgy of deregulation. They had to drop that line, however, because the last act of significant banking deregulation was signed by Bill Clinton in 1999. So they changed to "someone was asleep at the switch." Vivid metaphor, but no one has come up with an actual instance of a regulator being asleep at whatever switch he allegedly was asleep at. So now there's a new argument, voiced by Hillary Clinton this morning: the Bush regime failed to anticipate the need for a new regulatory structure in the global economy. (I won't ask why her husband also failed in that regard.)

To quote John Stossel, "Give me a break!"

Cross-posted at Liberty & Power.

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