The Hysterical Style in American Politics

[rangerrebew]

The Hysterical Style in American Politics
Inventing crises to advance unpopular agendas.
January 23, 2024 by Victor Davis Hanson 15 Comments
 

The post-Joe McCarthy era and the candidacy of Barry Goldwater once prompted liberal political scientist Richard Hofstadter to chronicle a supposedly long-standing right-wing “paranoid style” of conspiracy-fed extremism.

But far more common, especially in the 21st Century, has been a left-wing, hysterical style of inventing scandals and manipulating perceived tensions for political advantage.

Or, in the immortal words of former President Barack Obama’s chief of staff, Rahm Emanuel, “Never let a serious crisis go to waste.”

The 2008 economic emergency was created on September 7, with the near collapse of the home mortgage industry.

https://www.frontpagemag.com/the-hysterical-style-in-american-politics/

[rangerrebew]

It's a clone of the story of Chicken Little!

[christian]

Fools refuse to comprehend the hysteria they are glad to embark on just before and during an election has to be paid for in blood and treasury thereafter.  A concept they seem to forever play the fool for.  Then they fade away to escape the nasty fame they worked so hard to obtain.  Such is the way of useful fools, wicked and full of perverseness.

[unite for individuality]

The post-Joe McCarthy era and the candidacy of Barry Goldwater once prompted liberal political scientist Richard Hofstadter to chronicle a supposedly long-standing right-wing “paranoid style” of conspiracy-fed extremism.

...

The 2008 economic emergency was created on September 7, with the near collapse of the home mortgage industry.

1. All those "conspiracy theories" turned out to be completely true.

2. The crisis was not created in one day. It took a few years to manufacture that very real crisis. My email inbox was flooded with thousands of offers to refinance my home for 125% of its value. How many people fell for that offer?

That, and the "too big to fail" banks created derivatives that acted like insurance policies against mortgage defaults. But they didn't build up cash reserves to cover those obligations that they promised to all the investors who bought those fraudulent derivatives.

Young employees at those "too big to fail" banks warned their managers that they were setting themselves up for disaster. The managers told the young employees, "Don't worry about it. The government will bail us out."

The fact that there would be a bailout was agreed upon by the banks and the politicians BEFORE the crisis even started to be created! The crisis was INTENTIONALLY created because the banks' top officials had already made agreements with the politicians to have a bailout!