If The Economist doesn't like you . .

By: teacherken
Published On: 6/21/2008 5:31:23 PM

perhaps that's the best endorsement possible.  I quote:
The main worry about Mr Webb, however, is that he is a genuine fire-breathing economic populist. He appears actually to believe the sort of stuff that Mr Obama only says during Democratic primaries. Since vice-presidents sometimes become presidents, this matters. American workers, says Mr Webb, "are at the mercy of cut-throat executives who are vastly overpaid, partly as a consequence of giving [the workers'] jobs away to other people." Illegal immigration and globalisation "threaten to dissipate" the American middle-class way of life. He predicts that, unless the government acts to restore "economic fairness", America "may well go the way of ancient Greece [or] greed-ridden Rome".

That is from The Class Warrior, which is subtitled Jim Webb would make a poor running-mate for Barack Obama.  This piece in The Economist is interesting:
It give all the normal advantages that Webb would bring to the ticket: his military expertise, his prescience on Iraq, and so on.  And, not unexpected, it repeats the canards about him as a candidate: in the paragraph immediately above the one quoted at the beginning of this posting we read

Mr Webb is an indifferent campaigner. His speeches are awkward, he clearly dislikes all the flesh-pressing and he looks like an angry potato. He has infuriated some Democrats (but pleased others) by bucking party orthodoxy on matters of race and sex. He thinks it unfair to poor whites that racial preferences designed to atone for slavery and segregation should be extended to virtually every other minority group. And in 1979 he wrote an article opposing combat roles for women entitled, simply: "Women Can't Fight". (He has since changed his mind.)

Still, the article points out that Webb remains a favorite to be the running mate when one looks at sites like Intrade.  And it repeats to a wide audience the strengths he does have.

And what the publication absolutely fails to get is that Jim Webb is quite serious about economic inequity.  The also seem to willfully misread some of what he has to say in his latest book.  

Which is to be expected:  Webb would represent a real threat to the kind of world favored by those who tend to read The Economist and they know it.

hat tip to Leaves on the Current, my spouse, for pointing out the article to me


Comments



I read the same article (Teddy - 6/21/2008 5:51:10 PM)
and agree that your conclusion is correct: "Webb would represent a real threat to the kind of world favored by those who tend to read The Economist (even though, teacherken, you and I also read the magazine).  But I also agree with some of their other observations, such as that Webb was an "awkward campaigner." But I am not so sure that is a handicap this year when everyone is sick and tired of slick hard core campaigns like those Karl Rove and Hillary Clinton run. The public is seemingly dis-enchanted with professional politicians wedded to Inside the Beltway consultants/lobbyists, and might be looking this time around for a genuine, pragmatic person instead.    


so true, so true (code - 6/21/2008 6:33:58 PM)

and he looks like an angry potato


A "populist" like Webb could argue... (FMArouet21 - 6/21/2008 7:07:32 PM)
that the looting class (which controls and funds the Republican Party) has been waging a full-scale, systematic, hugely successful class war against the working class (represented by organized labor) for the past generation--ever since Reagan crushed the Air Traffic Controllers.

Union membership has been steadily whittled down to about 12 percent of the workforce, from a high of around 33 percent.

George F. Will, the most intellectual of apologists for the looting class, has even  declared (in an editorial from January, 2007) that since labor is merely a commodity, the appropriate level for a minimum wage should be zero.

Isn't it about time for the working class to launch a counteroffensive?



Precise observations... (cycle12 - 6/21/2008 8:25:35 PM)
...and correct conclusions, FMA - well done!

Steve



Crushing the Air Traffic Controllers (Teddy - 6/21/2008 9:04:01 PM)
was one of the first things Reagan did, and it alerted me to his true nature and agenda.  I was still a committed Republican in those days, and I was shocked because the Air Controllers had recently managed the incredible Berlin Air Lift which supplied the City with food, coal, and so on, when the Russians closed the roads into the city in an effort to take it over. I thought the Controllers were patriotic heroes, what was Reagan thinking of?

The Air Lift was an incredible feat--- we supplied the million plus civilians in the Allied sector of Berlin with a life line of food and supplies and took out their manufactured goods completely by air, a plane a minute, stunning the world with our technical capabilities. When the Russians closed the Autobahn some Americans wanted to send our tanks down the Autobahn and force it open, thus, probably, starting World War III, but cooler heads prevailed, and we chose a non-belligerant response that flummoxed the Russians (we sent fighter planes to escort the endless stream of cargo planes going into Templehoff, and the Soviets never quite brought themselves to assault the planes directly.

Many years later I heard the wife of a German Army officer rise to her feet at a social function and publicly thank Americans for what we did.  And Reagan rewarded the Controllers by breaking their union. May he rot.  



I did'nt like Reagan at all but. . . . . . (buzzbolt - 6/21/2008 10:18:43 PM)
the Berlin Airlift in 1948 and 1949 and was strictly a military operation and President Harry S. Truman was commander-in-chief.   Air crews and ground personnel including controllers were 99 percent active duty military service members who belonged to no union.

Some decades later in 1981 Reagan fired the unionized civilian air traffic controllers in the U.S.



FMA, "Looting Class" is the best new term I've seen in years ! (Tom Counts - 6/21/2008 9:13:17 PM)
How about applying for copyright protection for the new term you just coined, and then selling some stuff (to us) that says something like "Obama-Webb, the Anti-Looting-Class ticket" ? You'll have to take it fromt there, my creativity isn't even in the same league as yours.

Thanks for the classic new term.

                       T.C.



Heh. Just did a google on "looting class," and this thread... (FMArouet21 - 6/21/2008 11:54:15 PM)
started by teacherken pops up at the top. I find it hard to believe, though, that the term is a new one, for the looting class has existed since the first landlord indentured the first serf.

At any rate, the term "looting class" is hereby released into the public domain with a GNU license for free and unrestricted use by any individual or organization. Consider "looting class" to be verbal freeware.

Here is how an unabridged dictionary entry might look:

Looting class
noun
An aristocracy of wealth and privilege, usually inherited. Seeks to preserve and enhance its relative status by reducing its taxes, both income and inheritance. Does so by increasing the relative tax burden on the working class while reducing the commodity price of labor as near to zero as possible, often by exporting jobs to areas of even cheaper labor. Assumes that labor is a commodity input, the chief purpose of which is to help maximize speculative profits accruing to the looting class.

As a mere commodity, labor is thought by the looting class to have no right to non-monetary benefits, such as health care, occupational or environmental safety, or reasonable amounts of leisure time. (If workers are permitted reasonable working hours and ample leisure time, they may find time to educate themselves and organize, rather than sit exhausted in the evenings in front a TV to watch the diversions and distractions provided by corporate media conglomerates, which of course are controlled by the looting class.) Such non-monetary benefits would tend to reduce profits and require increased taxes.

The looting class seeks to preserve a system in which the workers are encouraged and even compelled to carry a huge burden of personal debt. The carefully instilled fear of losing one's job and facing bankruptcy helps promote a docile work force disinterested in organizing to bargain collectively with the looters.

Government itself is purchased and manipulated by the looting class as a vehicle for promoting the looting class's particular interests, and the concept that government should promote the "greatest good for the greatest number" is utterly alien to the looter.



Haha (JamesBenjamin - 6/23/2008 1:21:34 PM)
I googled it myself and thought it was pretty cute that while this thread is #2 on the list, a World of Warcraft site comes up at #1.

I also think its funny that more people play WoW than live in Virginia (or Michigan, or Georga, or New Jersey, or any other state outside that largest 6 of them).  



But that was a "Class Loot" list for players. RK wins for "looting class." :>) (FMArouet21 - 6/23/2008 5:03:11 PM)


ah (JamesBenjamin - 6/25/2008 5:45:23 PM)
I didn't use the quotes...

I think we should offer WoW statehood though, that'd be interesting.



Fear not, TK! (cycle12 - 6/21/2008 8:41:41 PM)
The Wall Street Journal's newest page one article entitled "Arming Obama" about Webb as his possible vice-presidential running mate (please see my earlier RK diary promoting the WSJ piece available at this link:  http://online.wsj.com/article/... could counter the negative affects of this article in The Economist.

Thanks!

Steve  



NY Times article (adshubert - 6/23/2008 1:19:25 PM)
Somewhat amusing veepstakes article from the NY Times but check out the picture of Sen. Webb on the left.  Pretty funny.  (Ironically, he's not even mentioned in the article).

http://www.nytimes.com/2008/06...



He's got an Obama halo! (Catzmaw - 6/23/2008 6:56:47 PM)
Pretty funny.  At least it's not that idiotic faux presidential seal.  Would love to know who came up with that one.