rss‘Individuals Who Took Out Loans They Could Not Afford Are Mostly to Blame for the Financial Crisis’
Monday, February 01, 2010 at 12:51 pm
- 3 Comments
Sam Stein nabs a memo written by Frank Luntz — whose influence among Republican strategists is as strong as ever, given his presence at the House GOP retreat — telling conservatives how they can talk about financial reform while killing the reforms on the table right now. The gist, according to Luntz, is that supermajorities of voters doubt that Washington can effectively regulate business, and blame the crisis on a combination of human stupidity and Washington stumbling — not on Wall Street.
Here, for example, is Luntz’s proof that voters are going to be skeptical of Washington reform.
Here’s the proof that the “spending and stimulus” have further damaged trust in Washington:
And here’s the data that suggests that only a third of people blame Wall Street for the economic mess.
You could hardly find a better endorsement of Tea Party rhetoric. The Tea Parties began, remember, when CNBC’s Rick Santelli ranted against the idea that the government should save the homes of “losers” who shouldn’t have bought them anyway.
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3 Comments
Comment posted February 1, 2010 @ 1:06 pm
We need to get better at getting correct information out there. When the masses believe something that is so incorrect about the real causes, it is difficult to change their opinions. They must be educated in order to get people to the polls who know what they are voting for. The census is a prime example of incorrect info being put out by the likes of Michele Bachmann, making many unwilling to cooperate with census takers. What is ironic, in a state like Missouri who tends to lean right- they are in real danger of losing a seat in the House if they don't get everyone in the state counted. Yet Bachmann has caused many on the right to question the census being done, as if the Obama administration invented the census themselves. The facts, that much of the federal monies that come into a state, the numbers of representatives in the House and even district lines, come out of the census. When it is incorrect, it leads to incorrect distribution that harms the states. Ironic, isn't it? They listen to fools and end up fooled.
Comment posted February 1, 2010 @ 6:06 pm
We need to get better at getting correct information out there. When the masses believe something that is so incorrect about the real causes, it is difficult to change their opinions. They must be educated in order to get people to the polls who know what they are voting for. The census is a prime example of incorrect info being put out by the likes of Michele Bachmann, making many unwilling to cooperate with census takers. What is ironic, in a state like Missouri who tends to lean right- they are in real danger of losing a seat in the House if they don't get everyone in the state counted. Yet Bachmann has caused many on the right to question the census being done, as if the Obama administration invented the census themselves. The facts, that much of the federal monies that come into a state, the numbers of representatives in the House and even district lines, come out of the census. When it is incorrect, it leads to incorrect distribution that harms the states. Ironic, isn't it? They listen to fools and end up fooled.
Pingback posted February 2, 2010 @ 12:00 am
[...] Here is the post from Dave Weigel: Sam Stein nabs a memo written by Frank Luntz — whose influence among Republican strategists is as strong as ever, given his presence at the House GOP retreat — telling conservatives how they can talk about financial reform while killing the reforms on the table right now. The gist, according to Luntz, is that supermajorities of voters doubt that Washington can effectively regulate business, and blame the crisis on a combination of human stupidity and Washington stumbling — not on Wall Street. [...]
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