The cowboy push by W. and Dick Cheney to be a hyperpower and an empire left America a weakened and tapped-out power, straining to defend its runaway capitalism even as it uneasily adapts to its desperation socialism.Go read the whole thing. I guarantee it will put a a spring in your step, giddyup in your gait, and a smile on your face.
How do we come to terms with the gluttony that exploded our economy and still retain our reptilian American desire for living large? How do we make the pursuit of the American dream a satisfying quest rather than a selfish one?
Many people were wringing their hands about the president forcing the resignation of Wagoner, whose G.M. lost $82 billion in the last four years, took $13.4 billion in bailout money and asked for $16.6 billion more, even as the carmaker’s market share melted from 33 percent to 18 percent and its stock slid from more than $70 a share to less than $4 — about the price of a couple gallons of gas.
But Mr. Obama’s move was bracing, a sign, at long last, that the president will not tolerate failure, not when he has to print all the money in the universe to underwrite obtuseness. Wagoner showed no foresight or willingness to curb an unhealthy appetite for the big. He failed to eliminate brands and launched the Hummer line in 2001.
Wednesday, April 1, 2009
The Dowd Analysis
I always enjoy the chirpy, gossipy, satiric, over-the-top style of Maureen Dowd in her NY Times op-ed articles. Here's an excerpt:
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