[Peace-discuss] Re: Cockburn on deregulation

[C. G. Estabrook]

By remarking on the prominence of Gramm and Rubin in the respective campaigns,
Cockburn is pointing out that on economic matters we once again have the usual
choice between Tweddledumb and Tweddledumber.  The largely cosmetic differences
between the two provide the illusion of choice while both campaigns remain
subservient to their financial masters.

Today at High Noon in DC, neither Grace Kelly nor Gary Cooper (sc. Obama and
McCain) did anything, but nevertheless the Frank Miller gang was routed.

As Cockburn says, "deregulation – the loosening of government supervision ...
has been the neoliberal mantra preached by both major parties," beginning in the
Carter administration when Ted Kennedy and his aide Stephen Breyer (now Supreme
Court justice) deregulated the airlines. It is supported by "the whole of the
establishment press and almost every university economics department in the
country. It is central to the current disasters" -- as many are coming to see.
But we shouldn't expect any service to the popular interests from either
business parties. --CGE


E. Wayne Johnson wrote:
> Gramm is very much still a part of the McCain team, regardless of the public
> posturing.
> 
> mark bee wrote:
>> C. G. Estabrook wrote:
>> 
>>> The difference in relation to the current subject, of course, is that 
>>> Obama has retained Rubin as a principal economic advisor, while McCain
>>> has dismissed Gramm for his remarks on recession.
>>> 
>> 
>> ...Which is about like firing an embezzler because he criticized your taste
>> in shoes.  lol
>> 
>> Shame it wasn't for Gramm's role in the Commodities Futures Modernization
>> act, another fave republican deregulation hit.  ;)
>> 
>> http://www.huffingtonpost.com/jim-moore/a-nation-of-village-idiot_b_127340.html
>> 
>> 
>> http://www.villagevoice.com/2002-01-15/news/phil-gramm-s-enron-favor/
>> 
>> http://www.wisegeek.com/what-is-the-commodity-futures-modernization-act.htm
>> 
>> 
>> Additional materials:
>> 
>> http://econ4obama.blogspot.com/2008/09/obama-vs-mccain-on-gramm-leach-bliley.html
>> 
>> 
>> http://www.dailykos.com/story/2008/9/16/203823/008/1013/601053
>> 
>> http://www.politico.com/news/stories/0308/9246.html
>> 
>> http://www.thenation.com/doc/20081006/sumner
>> 
>> http://mises.org/story/3098
>> 
>> 
>> --- On Mon, 9/29/08, C. G. Estabrook <galliher at uiuc.edu> wrote:
>> 
>> 
>>> From: C. G. Estabrook <galliher at uiuc.edu> Subject: Re: [Peace-discuss]
>>> Re: Cockburn on deregulation To: cbee1uiucedu at yahoo.com Cc:
>>> peace-discuss at lists.chambana.net, "WEFT-Community concerns the WEFT radio
>>> station" <weft-comm at curadio.net> Date: Monday, September 29, 2008, 2:40
>>> PM The difference in relation to the current subject, of course, is that
>>> Obama has retained Rubin as a principal economic advisor, while McCain
>>> has dismissed Gramm for his remarks on recession.
>>> 
>>> mark bee wrote:
>>> 
>>>> The difference in relation to the current subject, of
>>>> 
>>> course, is that Obama
>>> 
>>>> has criticized the bill Rubin worked on, while McCain
>>>> 
>>> made his own pet
>>> 
>>>> architect co-chair of his 2008 campaign.  ;)