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Friday, October 7, 2011

Rush Limbaugh Calls Occupy Wall Street Protestors 'Human Debris'

     While as I said in previous posts I had (some) mixed feelings initially about the protests-how effective were they, how relevant...-I got to say that when Republicans like Rush Limbaugh, Herman Cain, and Rep. Paul Brown Broun start insulting them they are doing a lot to help their cause.

     Certainly my regard and support for them is only helped when I hear these GOP fat cats mock struggling Americans who only want their country to offer the promise it once did. If Limbaugh and company have this level of contempt for these folks they should probably keep it to themselves as the only thing it will do is serve to increase sympathy for them. When Broun declares that the protesters hate freedom and Limbaugh calls them human debris who are these guys kidding?

    Do they not know they can only help them? With the question of how far Occupy Wall Street can go-will it be just a moment or give birth to a larger movement-seems to me that you want Limbaugh to keep talking, he will only serve to increase the support of most Americans for them. Have these guys forgotten the lesson of going after Clinton in the 90s? The more they tried to smear him they higher his popularity went. By the time of the impeachment vote his approval rating had reached 81%.

   Not all politicians are this clueless. Ben Beranke answered Senator Bernie Sanders question: “Did Wall Street’s greed and recklessness cause this recession, that lead to so many people losing their jobs?”

   reasonably and thoughtfully: “Well, I would say very generally I think people are quite unhappy with the state of the economy and what’s happening,” Bernanke said. “They blame, with some justification, the problems in the financial sector for getting us into this mess, and they’re dissatisfied with the policy response here in Washington."

   “And at some level, I can’t blame them,” he added. “Certainly 9 percent unemployment and very slow growth is not a very good situation.”

    Bernanke has recently been letting Congress know as explicitly as a Fed Chairman ever gets that they need to do something more, that while deficit reduction is a concern, it is a longer term concern, not short or medium term. In reality the concern with the deficit should be 2020 or 2030 not 2012 or 2013; what must be remembered is that 60% of the current deficit is directly attributable to the recession.

   On the other hands many Democrats starting from President Obama to Nancy Pelosi to Louise Slaughter and Charlie Rangel-who personally visited with the protesters over the weekend- get it and have expressed support for Occupy Wall Street.  The ranks of Krugma's army are swelling!

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