Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Well, all yesterday's "Serious People" who derided regulation and taxation and wanted to reduce government, are being reasonable now, aren't they?

They're in a position to see (or be advised on) the threadbare carpet and rotting floorboards beneath their feet, and the utter darkness of the abyss below. If the state can nail in a few planks, they'll hasten to declare: "I always did say the state was the carpenter of last resource, does a great job!"

As for the crisis, it just happened, as these things do. It's: "Here we are in time of crisis, and we simply cannot afford to do otherwise than... We are, after all, Serious People, and we will be Serious about this." Of course, not a word to say that their years of pushing for deregulation were in any way a cause of the crisis. No, these things are natural, "we'll always have bubbles", what matters is how they're managed, and we the Serious People are here to manage them."

What does this mean?

  1. we the Serious People are not taking responsibility
  2. we intend to stay in power/influential positions
  3. when things improve, we'll go back to pushing for the same crap as before.

Lundgren, Sarkozy, Barroso, same difference, same horse dung.
by afew (afew(a in a circle)eurotrib_dot_com) on Sun Oct 5th, 2008 at 08:43:11 AM EST

Others have rated this comment as follows:


Occasional Series