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Prostitute toe-sucker Dick Morris this morning wrote:
We enter his [Barack Obama's] administration as free-enterprise, market-dominated, laissez-faire America. We will shortly become like Germany, France, the United Kingdom, or Sweden -- a socialist democracy in which the government dominates the economy, determines private-sector priorities and offers a vastly expanded range of services to many more people at much higher taxes.
I have hope in this statement for one simple reason: Dick Morris was so utterly wrong so often in the past year: his opening "It'll be Clinton vs. Guiliani," repeated declarations that "something is hiding in Obama's past that will disqualify him," repeated distortions and outright falsehoods about Hillary, repeated statements that McCain was running a "cleaner campaign" that Obama, and just outright being wrong time and again on vote counts, both in the primary and on election day, that any statement by him can be counted as completely backwards.

Heck, you can even see how backwards this is now: we are not now "free enterprise" or "lassez-faire," and to the extent that we demonstrate those properties, a lot of people have gotten hurt by them. Companies that are showing profitability are laying people off in anticipation of a weaker future, one made possible by the failure of regulation. Regulatory failure has turned our nation into one of conservative socialists anyway: we've socialized risk (with your money, of course) but continue to let the fraudsters make cash withdrawls on their salaries. The market "dominates" us only the same way that a bloated, sagging woman named Helga wearing a cheap leather corset "dominates" desperate men for $150 an hour. (Sorry, but, y'know, with Dick Morris it always comes back around to women who cost $150 an hour.)

Morris is so wrong about the first day of Obama's presidency and the state of our enconomy and our markets, that I suspect he's an anti-oracle: we'll exit the Obama era with a more vibrant economy and less structural failure than when we enter.

One can always hope.
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Elf Sternberg

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