JOLLY DAYS

Politics and the Markets

It is not just the financial system that is broken, but the political system that floats like a cork on the sea of money provided by that self-same financial system.

Obama sees the current financial crisis as another opportunity to attack McCain. A sample of his leadership skills. McCain, ungainly in matters economic, mutters that the economy is sound, trying clearly to calm things down, but saying it so ineptly that he set himself up as a patsy.

We should be able to vote “Try Again” and thereby force the political parties to return to convention to provide other candidates.

From a 2003 interview with David Foster Wallace by Dave Eggers,

Everybody’s pissed off and exasperated and impervious to argument from any other side. Opposing viewpoints are not just incorrect but contemptible, corrupt, evil. Conservative thinkers are balder about this kind of attitude: Limbaugh, Hannity, that horrific O’Reilly person. Coulter, Kristol, etc. But the Left’s been infected, too. Have you read this new Al Franken book? Parts of it are funny, but it’s totally venomous (like, what possible response can rightist pundits have to Franken’s broadsides but further rage and return-venom?). Or see also e.g. Lapham’s latest Harper’s columns, or most of the stuff in the Nation, or even Rolling Stone. It’s all become like Zinn and Chomsky but without the immense bodies of hard data these older guys use to back up their screeds. There’s no more complex, messy, community-wide argument (or “dialogue”); political discourse is now a formulaic matter of preaching to one’s own choir and demonizing the opposition. Everything’s relentlessly black-and-whitened. Since the truth is way, way more gray and complicated than any one ideology can capture, the whole thing seems to me not just stupid but stupefying… well over 90 percent of political commentary now simply abets the uncomplicatedly sexy delusion that one side is Right and Just and the other Wrong and Dangerous. Which is of course a pleasant delusion, in a way—as is the belief that every last person you’re in conflict with is an asshole—but it’s childish, and totally unconducive to hard thought, give and take, compromise, or the ability of grown-ups to function as any kind of community.