Are These Guys on Acid?
Reported by Melanie - July 14, 2007 -
One of the segments Neil Cavuto aired today (July 14, 2007) on Cavuto on Business was a roundtable discussion about the "greatest threat to capitalism since the Cold War" -- that being the '08 election. Here are some of the money quotes. After a quick read, I think you'll get the gist of Fox's message.
The leading democratic candidates are talking about attacking capitalism, attacking the rich and large corporations, to higher taxes and punitive punishment, big government, and also I think this environmentalist thing is sort of elevating man above God. I think those three things will hurt capitalism.
Payne was obviously having a hard time with that one, and I think there are more than three things there but, whatever.
Cavuto, speaking to Democratic Strategist Laura Schwartz who was talking about economic growth under Clinton:
Laura, you're very smart. You also know that a lot of that growth and a lot of the improvement in the deficit started when Republicans took control of Congress.
Amazingly enough, Schwartz didn't respond to that Big Lie. She really should bone-up on her ammo.
It looks to me like a classic choice between a philosophy based on collectivism and one based on individualism. And this particularly could be serious when you think that, potentially, the anti-prosperity wing of the Democratic party could control both the Congress and the White House.
Comment: This is so wacko that it's almost comedic. And why wasn't Schwartz prepared to talk about the deficit -- on a "business" show? Nonetheless, she did hit a home run when she held up this magazine. That pretty much put the kibosh on the whole discussion in my opinion.
