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Time to Start Drinkin' Early: I agree with Rove?



March 16, 2007 – Comments (2)

"People have to have controversy and people have to have a fracas in order to generate attention to the media," Rove said.


He's right. Of course, he doesn't acknowledge his leading role in creating fracases(es) in order to polarize, divide, and conquer. It's his specialty. Some say it's the reason Bush "won" back in the day of hanging chads. It's also a great way to try and divert attention from the details that matter. For instance, Rove is now whining that Clinton removed U.S. attorneys too. What he doesn't cover is the difference between now and then -- the key difference being that the U.S. Patriot act which he and his protege (the President) shoved through congress allows for replacement U.S. Attorneys without senate approval, for the term of the president's tenure, instead of the previous few months.


That means when you sack people for not persecuting -- er, prosecuting -- your political opponents, you can appoint toadies, as Rove (via Bush) has done.


This is no small thing. And it's not something investors should ignore. There's a reason the cost of capital is high in places like Russian, India, and China is high, and that's because corruption steers a lot of money into the hands of the politically connected class, a class that abuses power through many means, mostly subtle. Let's not start the U.S.A. down the road to being a place where Justice can be bought by those with the right connections to the executive branch.

2 Comments – Post Your Own

#1) On March 16, 2007 at 8:40 AM, TMFBent (99.25) wrote:

Here's an interesting NY Times editorial that puts a finer point on the motives behind the Rove/Bush/Gonzales/Miers brand of new political thuggery.


If anyone thinks political purges in the executive ranks or judiciary are no big deal, I'd suggest he go back to history class and have a look at the textbook entries in the "totalitarianism" chapter.

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#2) On March 16, 2007 at 8:52 AM, TMFBent (99.25) wrote:

And at least we're not here yet.

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