Frankly, my own feelings on the matter is that the “debate” over this recession can be summarized succintly in both today’s Anthony Gregory article and Jim Goad’s “The Retarded State of Public Debate”. In a fight between corporatist kleptocrats, National Socialists of the protectionist “Durn yellow people turk er jerbs!” who believe mass compulsory Ponzi schemes are just fine so long as Da Jooos and other non-Aryan people aren’t on the payroll and honest but insane social democrats like this bunch (and toss in the LaRouchites for a combination of 2 and 3), my feelings are again summarized twofold by the tagline of Alien vs Predator and the war between the Nigerian mobsters and the MNU in District 9.
It’s really a choice between globalist “consensus” of the sort exemplified by the BBC, Economist and New York Times, a more right wing, American exceptionalist and moderately less deranged version of the former in the form of the WSJ and NRO, an authoritarian Norsefire-like regime in the form of economic nationalism and a bizarre hybrid of Marxian communism and syndicalist fascism, represented by the British National Party and other so called “far right” parties that aren’t simply single issue or classical liberal, or a government run by Kucinich-voting gadflies who look and smell like they’ve been in cryogenic suspension since the 1960’s and whose idea of a good time is an evening spent reading the Village Voice (or the Guardian, or Die Tageszeitung) and their editorials against “speculators” and “unregulated derivatives”.
Or more succinctly: Silly arguments you've heard from Neocons (also short rant) - #24 by Autodidact