Telling the People
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Interesting article by Thomas Friedman of the New York Times.
He writes about politicians being straight with the people. It’s tangentially related to my last post. For a long time now, Friedman has been talking about raising the gas tax in order to encourage more investment in green energy technologies, and his theory is that the current energy crisis is a result of our failure to act when we should have. He must be absolutely fuming at Hillary’s suggestion of a gas tax “holiday.” All of us should be fuming.
One interesting quote I found was here:
We are not as powerful as we used to be because over the past three decades, the Asian values of our parents’ generation — work hard, study, save, invest, live within your means — have given way to subprime values: “You can have the American dream — a house — with no money down and no payments for two years.”
“Asian values?” I know he meant it as a compliment, but in his parents’ generation, Inouye was denied the Medal of Honor because he wasn’t white enough. Anyway…I know what he’s trying to say.
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zhangfei
9:39 am | May 11, 2008Speaking of subprime values, our government finances the war - 12 billion a month spent on the Iraq war - by borrowing and printing money. And Mr.Friedman, do you remember that you played a significant role in pushing the Iraq war?