Yesterday I opined that Our Mr. Brooks would very likely used Mayor Cory Booker's "shiny mayoral armor" as a figleaf behind which he could scold President Obama for daring to question the untrammeled goodness of vulture capitalism and its poster boy, Willard Romney.
But I was wrong about Our Mr. Brooks.
Terribly, terribly wrong.
This time, Our Mr. Brooks did not bother with the fig leaf:
Private equity firms are not lovable, but they forced a renaissance that revived American capitalism. The large questions today are: Will the U.S. continue this process of rigorous creative destruction? More immediately, will the nation take the transformation of the private sector and extend it to the public sector?While American companies operate in radically different ways than they did 40 years ago, the sheltered, government-dominated sectors of the economy — especially education, health care and the welfare state — operate in astonishingly similar ways.The implicit argument of the Republican campaign is that Mitt Romney has the experience to extend this transformation into government.The Obama campaign seems to be drifting willy-nilly into the opposite camp, arguing that the pressures brought to bear by the capital markets over the past few decades were not a good thing, offering no comparably sized agenda to reform the public sector.In a country that desperately wants change, I have no idea why a party would not compete to be the party of change and transformation. For a candidate like Obama, who successfully ran an unconventional campaign that embodied and promised change, I have no idea why he would want to run a campaign this time that regurgitates the exact same ads and repeats the exact same arguments as so many Democratic campaigns from the ancient past.
I guess over the past +20 years I just got too distracted by personal matters (having two careers destroyed by loot and scoot vulture capitalist plunderfucks) and crazy media nonsense (hundreds of headlines about tens of thousands of factories closing and millions of decent, middle class jobs being exported overseas) to notice capitalism's awesome renaissance.
Management regret the error.