Robert Reich's warning: Populist rightie rage is building

By GottaLaff

Rightie Rushpublican Rage: RRR. It seems to be building as the economy worsens, says Robert Reich (Two more Rs. This is getting redundant. Oops, there's another one).

So why all that RRR? Come on, you know the answer: The Obama Recession. That was pretty much smashed to smithereens here, but the RRR is growing anyway. Reich:

The argument that Obama is somehow responsible for the collapse of Wall Street is absurd. First, every major policy that led to this collapse occurred under George W.'s watch (or, more accurately, his failure to watch). The housing and financial bubbles were created under Bush and exploded under Bush. The stock market began to collapse under Bush.

Second, it's inevitable that stocks, led by the bloated financial sector, would lose their remaining hot air as the new administration begins "stress-testing" the big banks, many of which are technically insolvent. [...]

Finally, none of the financial wizards who are now charging Obama with leading America into the abyss have offered an alternative plan for getting us out of the mess that, not incidentally, many of these same wizards happily led us into. For years, the Wall Street Journal editorial page and the financial gurus of cable news cheered as Wall Street leveraged its way into oblivion.

Republicans have made no secret of their wish to blame Obama for the bad economy, and to stir up as much populist rage against his so-called socialist tendencies as politically possible. History shows how effective demagogic ravings can be when a public is stressed economically. Make no mistake: Angry right-wing populism lurks just below the surface of the terrible American economy, ready to be launched not only at Obama but also at liberals, intellectuals, gays, blacks, Jews, the mainstream media, coastal elites, crypto socialists, and any other potential target of paranoid opportunity.

Just thought I'd brighten your day. Want some more good cheer? Then by all means, read this, which will take you to this. Let me know when you're done.

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Finished? Good. Sorry to put you through such torture. One more thing:

Aren't you extremely glad we're not like them?

H/t: Hippie Cyndi