We've had a soft fascism in this country ever since the original Wilsonian Progressives wandered the fruited plain. But the new ones are of a different order of magnitude: less patient, more venal, more willing to break the rules and far more concerned about giving their constituencies large recurring streams of money. From a power politics perspective, writing 2300 page laws makes sense: lots of points of pressure on banks to get what you want and lots of jobs for the boys. But economically, it's madness. The "Progressives" have run out of intellectual bullets and now they are just hurling rocks, curses and excrement like this over the parapets. Hope and change indeed.
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