– Erick Erickson. His "three jobs" claim is pretty weak. Yglesias notes another 53 percenter. It's a fascinating insight. The key notion is that: "I will succeed or fail because of me and me ALONE." But the dude says his house has lost 40 percent of its value. He did that all by himself? Then this:
I don't blame Wall Street because it doesn't matter what Wall Street or anyone else does.
I admire the attitude and share it. But empirically, he's out of his mind. This global depression was triggered by fancy-ass financial products that were unintelligible even to those who sold them. The huge amount of public money spent to bail the bankers out came from the 53 percenters. Wall Street has nonetheless slowed down Dodd-Frank to a crawl and are festooning themselves with millions of dollars in bonuses, while poverty soars. It does matter what Wall Street does. It has transformed our world, including that of conservatives. Maybe we should do nothing about it. But that it doesn't matter? Please.
The Dish 