<?xml version="1.0" encoding="UTF-8"?>
<rss version="2.0" xmlns:content="http://purl.org/rss/1.0/modules/content/" xmlns:dc="http://purl.org/dc/elements/1.1/">
	<channel>
		<title><![CDATA[Forums - Cruz]]></title>
		<link>http://rightwingers.org/forums/</link>
		<description><![CDATA[Forums - http://rightwingers.org/forums]]></description>
		<pubDate>Thu, 16 Apr 2026 13:49:12 +0000</pubDate>
		<generator>MyBB</generator>
		<item>
			<title><![CDATA[Ted Cruz and the Orlando shootings..]]></title>
			<link>http://rightwingers.org/forums/thread-198.html</link>
			<pubDate>Mon, 13 Jun 2016 00:18:15 +0000</pubDate>
			<guid isPermaLink="false">http://rightwingers.org/forums/thread-198.html</guid>
			<description><![CDATA[<span style="color: #000000;" class="mycode_color"><span style="font-size: medium;" class="mycode_size"><span style="font-family: Verdana;" class="mycode_font">Ted Cruz's solution (see article below):</span></span></span><br />
<br />
<ol type="1" class="mycode_list"><li>Stop 'political correctness' and start calling this radical Islamic terrorism<br />
</li>
<li>Stop the nonsense about gun control<br />
</li>
</ol>
<br />
<span style="font-size: medium;" class="mycode_size">Let's see, how does ending 'political correctness' going to do anything to stop these kind of attacks?</span><br />
<br />
<span style="color: #000000;" class="mycode_color"><span style="font-size: medium;" class="mycode_size"><span style="font-family: Verdana;" class="mycode_font">Nothing I can think of, in fact, it's probably more the contrary, by feeding the impression the West is at war with a religion, this might estrange more, not less Muslims from the West, radicalize more instead of less people and induce less others to cooperate and warn law enforcement agencies of potential dangers.</span></span></span><br />
<br />
<span style="color: #000000;" class="mycode_color"><span style="font-size: medium;" class="mycode_size"><span style="font-family: Verdana;" class="mycode_font">And people who are on a no flight list can simply buy semi-automatic rifles? This is idiotic. Whatever the motives, an order of magnitude of Americans are killed by these compared to almost every other Western country.</span></span></span><br />
<br />
<span style="color: #000000;" class="mycode_color"><span style="font-size: medium;" class="mycode_size"><span style="font-family: Verdana;" class="mycode_font">It's also hilarious Cruz accusing others of rigid ideology, but anyway.</span></span></span><br />
<br />
<span style="color: #000000;" class="mycode_color"><span style="font-size: medium;" class="mycode_size"><span style="font-family: Verdana;" class="mycode_font"><span style="font-weight: bold;" class="mycode_b"><a href="http://www.businessinsider.com/ted-cruz-statement-orlando-shooting-2016-6" target="_blank" rel="noopener" class="mycode_url"><span style="font-size: large;" class="mycode_size">Ted Cruz delivers strong message to 'Democrats who are loud champions of the gay and lesbian community'</span></a></span></span></span></span><ul class="mycode_list"><li><a href="http://www.businessinsider.com/author/allan-smith" target="_blank" rel="noopener" class="mycode_url">Allan Smith</a><br />
</li>
</ul>
<span style="color: #000000;" class="mycode_color"><span style="font-size: medium;" class="mycode_size"><span style="font-family: Verdana;" class="mycode_font">Ted Cruz forcefully blasted Democrats in a strong Sunday statement on the deadly terror attack at an LGBTQ nightclub in Orlando earlier Sunday morning.</span></span></span><br />
<br />
<span style="color: #000000;" class="mycode_color"><span style="font-size: medium;" class="mycode_size"><span style="font-family: Verdana;" class="mycode_font">"The next few days will be sadly predictable," the Texas senator said in the statement. "Democrats will try to use this attack to change the subject. <span style="font-weight: bold;" class="mycode_b">As a matter of rigid ideology</span>, far too many Democrats - <span style="font-weight: bold;" class="mycode_b">from Barack Obama to Hillary Clinton - will refuse to utter the words 'radical Islamic terrorism.'</span>"</span></span></span><br />
<br />
<span style="color: #000000;" class="mycode_color"><span style="font-size: medium;" class="mycode_size"><span style="font-family: Verdana;" class="mycode_font">"They will claim this attack, like they claimed every previous attack, was isolated and had nothing to do with the vicious Islamist theology that is daily waging war on us across the globe," the Republican, who made an unsuccessful bid at his party's presidential nomination, continued. "<span style="font-weight: bold;" class="mycode_b">And they will try to exploit this terror attack to undermine the Second Amendment right to keep and bear arms of law-abiding Americans</span>." Cruz said "enough is enough" and called for Democrats and Republicans to join forces, "abandon political correctness," and defeat jihadists.</span></span></span>]]></description>
			<content:encoded><![CDATA[<span style="color: #000000;" class="mycode_color"><span style="font-size: medium;" class="mycode_size"><span style="font-family: Verdana;" class="mycode_font">Ted Cruz's solution (see article below):</span></span></span><br />
<br />
<ol type="1" class="mycode_list"><li>Stop 'political correctness' and start calling this radical Islamic terrorism<br />
</li>
<li>Stop the nonsense about gun control<br />
</li>
</ol>
<br />
<span style="font-size: medium;" class="mycode_size">Let's see, how does ending 'political correctness' going to do anything to stop these kind of attacks?</span><br />
<br />
<span style="color: #000000;" class="mycode_color"><span style="font-size: medium;" class="mycode_size"><span style="font-family: Verdana;" class="mycode_font">Nothing I can think of, in fact, it's probably more the contrary, by feeding the impression the West is at war with a religion, this might estrange more, not less Muslims from the West, radicalize more instead of less people and induce less others to cooperate and warn law enforcement agencies of potential dangers.</span></span></span><br />
<br />
<span style="color: #000000;" class="mycode_color"><span style="font-size: medium;" class="mycode_size"><span style="font-family: Verdana;" class="mycode_font">And people who are on a no flight list can simply buy semi-automatic rifles? This is idiotic. Whatever the motives, an order of magnitude of Americans are killed by these compared to almost every other Western country.</span></span></span><br />
<br />
<span style="color: #000000;" class="mycode_color"><span style="font-size: medium;" class="mycode_size"><span style="font-family: Verdana;" class="mycode_font">It's also hilarious Cruz accusing others of rigid ideology, but anyway.</span></span></span><br />
<br />
<span style="color: #000000;" class="mycode_color"><span style="font-size: medium;" class="mycode_size"><span style="font-family: Verdana;" class="mycode_font"><span style="font-weight: bold;" class="mycode_b"><a href="http://www.businessinsider.com/ted-cruz-statement-orlando-shooting-2016-6" target="_blank" rel="noopener" class="mycode_url"><span style="font-size: large;" class="mycode_size">Ted Cruz delivers strong message to 'Democrats who are loud champions of the gay and lesbian community'</span></a></span></span></span></span><ul class="mycode_list"><li><a href="http://www.businessinsider.com/author/allan-smith" target="_blank" rel="noopener" class="mycode_url">Allan Smith</a><br />
</li>
</ul>
<span style="color: #000000;" class="mycode_color"><span style="font-size: medium;" class="mycode_size"><span style="font-family: Verdana;" class="mycode_font">Ted Cruz forcefully blasted Democrats in a strong Sunday statement on the deadly terror attack at an LGBTQ nightclub in Orlando earlier Sunday morning.</span></span></span><br />
<br />
<span style="color: #000000;" class="mycode_color"><span style="font-size: medium;" class="mycode_size"><span style="font-family: Verdana;" class="mycode_font">"The next few days will be sadly predictable," the Texas senator said in the statement. "Democrats will try to use this attack to change the subject. <span style="font-weight: bold;" class="mycode_b">As a matter of rigid ideology</span>, far too many Democrats - <span style="font-weight: bold;" class="mycode_b">from Barack Obama to Hillary Clinton - will refuse to utter the words 'radical Islamic terrorism.'</span>"</span></span></span><br />
<br />
<span style="color: #000000;" class="mycode_color"><span style="font-size: medium;" class="mycode_size"><span style="font-family: Verdana;" class="mycode_font">"They will claim this attack, like they claimed every previous attack, was isolated and had nothing to do with the vicious Islamist theology that is daily waging war on us across the globe," the Republican, who made an unsuccessful bid at his party's presidential nomination, continued. "<span style="font-weight: bold;" class="mycode_b">And they will try to exploit this terror attack to undermine the Second Amendment right to keep and bear arms of law-abiding Americans</span>." Cruz said "enough is enough" and called for Democrats and Republicans to join forces, "abandon political correctness," and defeat jihadists.</span></span></span>]]></content:encoded>
		</item>
		<item>
			<title><![CDATA[And some weird political advisers to boot..]]></title>
			<link>http://rightwingers.org/forums/thread-103.html</link>
			<pubDate>Thu, 24 Mar 2016 03:24:54 +0000</pubDate>
			<guid isPermaLink="false">http://rightwingers.org/forums/thread-103.html</guid>
			<description><![CDATA[<blockquote class="mycode_quote"><cite>Quote:</cite><span style="color: #4c4e4d;" class="mycode_color"><span style="font-size: medium;" class="mycode_size"><span style="font-family: Balto, Helvetica, Arial, 'Nimbus Sans L', sans-serif;" class="mycode_font">Then there's the fact that Cruz takes advice from <a href="http://www.vox.com/2016/3/17/11253592/ted-cruz-frank-gaffney-foreign-policy" target="_blank" rel="noopener" class="mycode_url"><span style="color: #4f7177;" class="mycode_color"><span style="font-size: medium;" class="mycode_size"><span style="font-weight: bold;" class="mycode_b">notorious anti-Muslim bigot Frank Gaffney</span></span></span></a>, who has said that President Obama "not only identifies with Muslims, but actually may still be one himself" and has accused everyone from Hillary Clinton aide Huma Abedin to <a href="http://www.huffingtonpost.com/2014/03/05/frank-gaffney_n_4905219.html" target="_blank" rel="noopener" class="mycode_url"><span style="color: #4f7177;" class="mycode_color"><span style="font-size: medium;" class="mycode_size"><span style="font-weight: bold;" class="mycode_b">Grover Norquist</span></span></span></a> of being part of Muslim Brotherhood schemes to infiltrate the US government. Gaffney is currently <span style="color: #4f7177;" class="mycode_color"><span style="font-size: medium;" class="mycode_size"><span style="font-weight: bold;" class="mycode_b"><a href="http://www.motherjones.com/politics/2016/03/national-rifle-association-norquist-gaffney-recall" target="_blank" rel="noopener" class="mycode_url">spearheading an effort to push Norquist off the National Rifle Association's board of directors</a> </span></span></span>because of his role "as an agent of influence for assorted Islamic supremacists."</span></span></span><br />
<br />
<span style="color: #4c4e4d;" class="mycode_color"><span style="font-size: medium;" class="mycode_size"><span style="font-family: Balto, Helvetica, Arial, 'Nimbus Sans L', sans-serif;" class="mycode_font">Another Cruz adviser (who's also involved in the anti-Norquist effort) is retired Lt. Gen. William "Jerry" Boykin, who <span style="color: #4f7177;" class="mycode_color"><span style="font-size: medium;" class="mycode_size"><span style="font-weight: bold;" class="mycode_b"><a href="http://www.cnn.com/2003/US/10/17/boykin.apology/index.html" target="_blank" rel="noopener" class="mycode_url">first came to fame in 2003</a> </span></span></span>when he said of a Muslim warlord in Somalia, "I knew that my God was a real God, and his was an idol." He also said that Islamists hate America "because we're a Christian nation, because our foundation and roots are Judeo-Christian and the enemy is a guy named Satan." Boykin has not exactly moderated with age</span></span></span></blockquote>
<span style="font-family: Helvetica, Arial, sans-serif;" class="mycode_font"><a href="http://www.vox.com/2016/3/23/11290448/jeb-bush-cruz-endorsement" target="_blank" rel="noopener" class="mycode_url">Jeb Bush confirms that Republican opposition to Trump isn't about his racism at all - Vox</a></span><br />
<br />
Norquist an agent of 'assorted' Islamic supremacists, you can't make this stuff up..]]></description>
			<content:encoded><![CDATA[<blockquote class="mycode_quote"><cite>Quote:</cite><span style="color: #4c4e4d;" class="mycode_color"><span style="font-size: medium;" class="mycode_size"><span style="font-family: Balto, Helvetica, Arial, 'Nimbus Sans L', sans-serif;" class="mycode_font">Then there's the fact that Cruz takes advice from <a href="http://www.vox.com/2016/3/17/11253592/ted-cruz-frank-gaffney-foreign-policy" target="_blank" rel="noopener" class="mycode_url"><span style="color: #4f7177;" class="mycode_color"><span style="font-size: medium;" class="mycode_size"><span style="font-weight: bold;" class="mycode_b">notorious anti-Muslim bigot Frank Gaffney</span></span></span></a>, who has said that President Obama "not only identifies with Muslims, but actually may still be one himself" and has accused everyone from Hillary Clinton aide Huma Abedin to <a href="http://www.huffingtonpost.com/2014/03/05/frank-gaffney_n_4905219.html" target="_blank" rel="noopener" class="mycode_url"><span style="color: #4f7177;" class="mycode_color"><span style="font-size: medium;" class="mycode_size"><span style="font-weight: bold;" class="mycode_b">Grover Norquist</span></span></span></a> of being part of Muslim Brotherhood schemes to infiltrate the US government. Gaffney is currently <span style="color: #4f7177;" class="mycode_color"><span style="font-size: medium;" class="mycode_size"><span style="font-weight: bold;" class="mycode_b"><a href="http://www.motherjones.com/politics/2016/03/national-rifle-association-norquist-gaffney-recall" target="_blank" rel="noopener" class="mycode_url">spearheading an effort to push Norquist off the National Rifle Association's board of directors</a> </span></span></span>because of his role "as an agent of influence for assorted Islamic supremacists."</span></span></span><br />
<br />
<span style="color: #4c4e4d;" class="mycode_color"><span style="font-size: medium;" class="mycode_size"><span style="font-family: Balto, Helvetica, Arial, 'Nimbus Sans L', sans-serif;" class="mycode_font">Another Cruz adviser (who's also involved in the anti-Norquist effort) is retired Lt. Gen. William "Jerry" Boykin, who <span style="color: #4f7177;" class="mycode_color"><span style="font-size: medium;" class="mycode_size"><span style="font-weight: bold;" class="mycode_b"><a href="http://www.cnn.com/2003/US/10/17/boykin.apology/index.html" target="_blank" rel="noopener" class="mycode_url">first came to fame in 2003</a> </span></span></span>when he said of a Muslim warlord in Somalia, "I knew that my God was a real God, and his was an idol." He also said that Islamists hate America "because we're a Christian nation, because our foundation and roots are Judeo-Christian and the enemy is a guy named Satan." Boykin has not exactly moderated with age</span></span></span></blockquote>
<span style="font-family: Helvetica, Arial, sans-serif;" class="mycode_font"><a href="http://www.vox.com/2016/3/23/11290448/jeb-bush-cruz-endorsement" target="_blank" rel="noopener" class="mycode_url">Jeb Bush confirms that Republican opposition to Trump isn't about his racism at all - Vox</a></span><br />
<br />
Norquist an agent of 'assorted' Islamic supremacists, you can't make this stuff up..]]></content:encoded>
		</item>
		<item>
			<title><![CDATA[Cruz's revealing choice of economic advisor]]></title>
			<link>http://rightwingers.org/forums/thread-101.html</link>
			<pubDate>Wed, 23 Mar 2016 22:30:17 +0000</pubDate>
			<guid isPermaLink="false">http://rightwingers.org/forums/thread-101.html</guid>
			<description><![CDATA[<span style="font-size: medium;" class="mycode_size"><span style="color: #333340;" class="mycode_color"><span style="font-size: medium;" class="mycode_size"><span style="font-family: Tiempos, 'Helvetica Neue', Helvetica, Arial, sans-serif;" class="mycode_font"><span style="color: #4e4e5c;" class="mycode_color"><span style="font-size: xx-large;" class="mycode_size"><span style="font-family: SupriaSans, 'Helvetica Neue', Helvetica, Arial, sans-serif;" class="mycode_font"><a href="http://www.bloombergview.com/articles/2016-03-23/cruz-seeks-economic-wisdom-in-the-wrong-place" target="_blank" rel="noopener" class="mycode_url">Cruz Seeks Economic Wisdom in the Wrong Place</a></span></span></span><br />
<img src="http://assets.bwbx.io/images/i1JWQKZPC96A/v1/120x120.jpg" alt="[Image: 120x120.jpg]" class="mycode_img" /><br />
<span style="color: #a9a9a9;" class="mycode_color"><span style="font-size: x-small;" class="mycode_size"><span style="font-family: SupriaSans, 'Helvetica Neue', Helvetica, Arial, sans-serif;" class="mycode_font">MARCH 23, 2016 1:27 PM EST</span></span></span><br />
<br />
By <a href="http://www.bloombergview.com/contributors/AEq0WJRomcY/barry-l-ritholtz" target="_blank" rel="noopener" class="mycode_url"><span style="color: #00b9e7;" class="mycode_color">Barry Ritholtz</span></a></span></span></span></span><br />
<blockquote class="mycode_quote"><cite>Quote:</cite><span style="font-size: medium;" class="mycode_size"><span style="color: #6f6f6f;" class="mycode_color"><span style="font-weight: bold;" class="mycode_b">Some people look at subprime lending and see evil. I look at subprime lending and I see the American dream in action</span>.</span></span></blockquote>
<span style="font-size: medium;" class="mycode_size"><span style="color: #333340;" class="mycode_color"><span style="font-size: medium;" class="mycode_size"><span style="font-family: Tiempos, 'Helvetica Neue', Helvetica, Arial, sans-serif;" class="mycode_font">-- <a href="http://www.nytimes.com/2008/11/17/business/economy/17gramm.html?_r=0" target="_blank" rel="noopener" class="mycode_url"><span style="color: #00b9e7;" class="mycode_color">former</span></a> U.S. Senator Phil Gramm, Nov. 16, 2008</span></span></span></span><br />
<span style="font-size: medium;" class="mycode_size"><span style="color: #333340;" class="mycode_color"><span style="font-size: medium;" class="mycode_size"><span style="font-family: Tiempos, 'Helvetica Neue', Helvetica, Arial, sans-serif;" class="mycode_font"><br />
The reason I bring up the former senator from Texas is that <span style="font-weight: bold;" class="mycode_b">Gramm has been brought on as a senior economic adviser to Republican presidential candidate Ted Cruz</span>.</span></span></span></span><br />
<span style="font-size: medium;" class="mycode_size"><span style="color: #333340;" class="mycode_color"><span style="font-size: medium;" class="mycode_size"><span style="font-family: Tiempos, 'Helvetica Neue', Helvetica, Arial, sans-serif;" class="mycode_font"><br />
This isn't a promising development for Cruz, or the prospect that should he become president he will come up with sensible policies to address the U.S.'s economic challenges. Why do I say that? Because of what happened in the 1990s and early 2000s when the U.S. listened to Gramm.</span></span></span></span><br />
<span style="font-size: medium;" class="mycode_size"><span style="color: #333340;" class="mycode_color"><span style="font-size: medium;" class="mycode_size"><span style="font-family: Tiempos, 'Helvetica Neue', Helvetica, Arial, sans-serif;" class="mycode_font"><br />
But first, a more recent trip down memory lane. <span style="font-weight: bold;" class="mycode_b">Gramm, remember, was brought on as an adviser to the presidential campaign of <a href="http://archive.fortune.com/2008/02/18/news/newsmakers/tully_gramm.fortune/index.htm" target="_blank" rel="noopener" class="mycode_url"><span style="color: #00b9e7;" class="mycode_color">John McCain</span></a> in 2008. As the economy was stumbling that summer, Gramm said</span>:<br />
</span></span></span></span><br />
<blockquote class="mycode_quote"><cite>Quote:</cite><span style="font-size: medium;" class="mycode_size"><span style="color: #6f6f6f;" class="mycode_color">You’ve heard of mental depression; this is a mental recession. We may have a recession; we haven’t had one yet. We have sort of become a nation of whiners. You just hear this constant whining, complaining about a loss of competitiveness, America in decline.</span></span></blockquote>
<span style="font-size: medium;" class="mycode_size"><span style="color: #000000;" class="mycode_color"><br />
At that point, the financial crisis was gathering headway: foreclosures had doubled in the span of a year, 1.6 million more people were <a href="http://www.bls.gov/opub/ted/2008/aug/wk1/art01.htm" target="_blank" rel="noopener" class="mycode_url"><span style="color: #00b9e7;" class="mycode_color">unemployed</span></a> than a year earlier, the stock market had plunged 25 percent and the nation was already eight months into the worst <a href="http://www.nber.org/cycles.html" target="_blank" rel="noopener" class="mycode_url"><span style="color: #00b9e7;" class="mycode_color">recession</span></a> since the Great Depression. <span style="font-weight: bold;" class="mycode_b">McCain, in a vain effort to rescue his campaign, had to immediately <a href="http://www.nbcnews.com/id/25628205/ns/politics-decision_08/t/mccain-criticizes-advisers-whiners-remark/#.VvKEa5MrKV4" target="_blank" rel="noopener" class="mycode_url"><span style="color: #00b9e7;" class="mycode_color">disavow the remarks</span></a>. Gramm, meanwhile, refused to retract his comments. He was gone from the McCain campaign a few days later</span>.  </span></span><br />
<br />
<span style="font-size: medium;" class="mycode_size"><span style="color: #000000;" class="mycode_color">Not to put too fine a point on it, but I believe -- as do many others -- that Gramm was one of the major figures who helped set the stage for the crisis. My book "<a href="http://www.amazon.com/exec/obidos/ASIN/0470596325/thebigpictu09-20" target="_blank" rel="noopener" class="mycode_url"><span style="color: #00b9e7;" class="mycode_color">Bailout Nation</span></a>" included a list of “<a href="http://ritholtz.com/2009/06/who-is-to-blame-1-25/" target="_blank" rel="noopener" class="mycode_url"><span style="color: #00b9e7;" class="mycode_color">Who is to Blame for the Crisis</span></a>” that put Gramm at No. 3 after former Federal Reserve Chairman Alan Greenspan and the Fed itself. I'm not alone: <a href="http://content.time.com/time/specials/packages/article/0,28804,1877351_1877350_1877330,00.html" target="_blank" rel="noopener" class="mycode_url"><span style="color: #00b9e7;" class="mycode_color">Time</span></a> magazine placed him at No. 2, while CNN <a href="http://ac360.blogs.cnn.com/2008/10/14/culprits-of-the-collapse-7-phil-gramm/" target="_blank" rel="noopener" class="mycode_url"><span style="color: #00b9e7;" class="mycode_color">ranked</span></a> him No. 7.</span></span><br />
<span style="font-size: medium;" class="mycode_size"><span style="color: #000000;" class="mycode_color"><br />
Just to be clear, Gramm was but one player in the debacle and blame for the financial crisis is spread far and wide, extending to major figures in both political parties. </span><span style="color: #000000;" class="mycode_color">But Gramm is the topic today, so let's start with a list of particulars.</span></span><br />
<br />
<span style="font-size: medium;" class="mycode_size"><span style="color: #000000;" class="mycode_color"><span style="font-weight: bold;" class="mycode_b">Gramm was a key sponsor of the Financial Services Modernization Act of 1999, also known as <a href="https://www.ftc.gov/tips-advice/business-center/privacy-and-security/gramm-leach-bliley-act" target="_blank" rel="noopener" class="mycode_url"><span style="color: #00b9e7;" class="mycode_color">Gramm-Leach-Bliley Act</span></a>, which effectively repealed the piece of the <a href="http://ritholtz.com/2012/05/how-we-ended-glass-steagall/" target="_blank" rel="noopener" class="mycode_url"><span style="color: #00b9e7;" class="mycode_color">Glass-Steagall</span></a> Act</span> that had forced commercial banks to shed their investment banking operations during the Great Depression. </span></span><br />
<br />
<span style="font-size: medium;" class="mycode_size"><span style="color: #000000;" class="mycode_color"><span style="font-weight: bold;" class="mycode_b">The end of this separation didn't so much lead to the financial crisis as <a href="https://www.washingtonpost.com/repeal-of-glass-steagall-not-a-cause-but-a-multiplier/2012/08/02/gJQAuvvRXX_story.html" target="_blank" rel="noopener" class="mycode_url"><span style="color: #00b9e7;" class="mycode_color">remove a key firebreak</span></a></span>, allowing the conflagration to rapidly spread throughout the banking system. Recall earlier events before the repeal: the shock caused by the 1987 stock-market crash was confined to Wall Street, while the savings and loan crisis of the late 1980s did little harm to the broader economy.</span></span><br />
<span style="font-size: medium;" class="mycode_size"><br />
<span style="font-weight: bold;" class="mycode_b"><span style="color: #000000;" class="mycode_color">The damage caused by rolling back Glass-Steagall pales compared with what resulted from the <a href="https://www.congress.gov/bill/106th-congress/house-bill/5660" target="_blank" rel="noopener" class="mycode_url"><span style="color: #00b9e7;" class="mycode_color">Commodity Futures Modernization Act of 2000</span></a></span></span><span style="color: #000000;" class="mycode_color">. </span><span style="font-weight: bold;" class="mycode_b"><span style="color: #ff3333;" class="mycode_color">Gramm was a co-sponsor of the legislation, which exempted many derivatives and swaps from regulation</span></span><span style="color: #000000;" class="mycode_color">.  Not only was the law problematic, but it veered into potential conflict-of-interest territory.</span></span><br />
<span style="font-size: medium;" class="mycode_size"><span style="color: #000000;" class="mycode_color"><br />
At the time the legislation was under consideration, <span style="font-weight: bold;" class="mycode_b">Gramm's wife, Wendy, was on the board of Enron</span>, which as we now know was one of the greatest accounting fiascos in history. Wendy Gramm served on the audit committee, overseeing the finances of the energy-trading giant. Enron, of course, in late 2001 filed the biggest corporate bankruptcy in U.S. history up until then. Before joining Enron, she had served as chairman of the Commodity Futures Trading Commission, from 1988 to 1993, where her tenure was the <a href="http://www.futuresmag.com/News/2010/10/Pages/CFTC-judge-claims-colleague-is-biased-.aspx" target="_blank" rel="noopener" class="mycode_url"><span style="color: #00b9e7;" class="mycode_color">subject</span></a> of some controversy.</span></span><br />
<span style="font-size: medium;" class="mycode_size"><span style="color: #000000;" class="mycode_color"><br />
Enron, a once-sleepy utility, was an early adopter of derivatives and swaps. <span style="font-weight: bold;" class="mycode_b">Brooksley Born, chairman of the CFTC in the late 1990s, had recognized early on the potential danger these things posed. She rightly pressed for her agency to have regulatory oversight of derivatives</span>.</span></span><br />
<span style="font-size: medium;" class="mycode_size"><span style="color: #000000;" class="mycode_color"><br />
<span style="font-weight: bold;" class="mycode_b">It wasn't to be so because of Gramm's legislation. But there was more. At Wendy Gramm’s urging, then-Senator Gramm inserted what became known as <a href="http://www.nytimes.com/2008/11/17/business/17grammside.html?_r=0" target="_blank" rel="noopener" class="mycode_url"><span style="color: #00b9e7;" class="mycode_color">the Enron loophole</span></a> into the Commodity Futures Modernization Act</span>. This allowed Enron to avoid most regulation in its energy-trading business. <span style="font-weight: bold;" class="mycode_b">Enron, coincidentally, was a major campaign <a href="https://www.opensecrets.org/politicians/summary.php?cid=N00005709&amp;cycle=Career" target="_blank" rel="noopener" class="mycode_url"><span style="color: #00b9e7;" class="mycode_color">contributor</span></a> to the senator</span>. We don’t know what impact the loophole would have had on the company; it collapsed in 2001 due to accounting fraud before it had a chance to collapse due to bad energy derivatives. <span style="font-weight: bold;" class="mycode_b">However, the legislation Gramm pushed had other unintended consequences</span>.</span></span><br />
<span style="font-size: medium;" class="mycode_size"><br />
<span style="color: #000000;" class="mycode_color">We got a chance to see those consequences a few years later </span><span style="font-weight: bold;" class="mycode_b"><span style="color: #000000;" class="mycode_color">when American International Group failed, thanks in part to swaps -- a form of insurance really -- on &#36;441 billion of securities that turned out to be junk. </span><span style="color: #ff3333;" class="mycode_color">AIG wasn't required to put up much in the way of collateral, set aside capital or hedge its risk on the swaps. Why would it, when the law said it didn’t have to?</span><span style="color: #000000;" class="mycode_color"> The taxpayers were then called upon to bailout AIG to the tune of more than &#36;180 billion</span></span><span style="color: #000000;" class="mycode_color">.</span></span><br />
<span style="font-size: medium;" class="mycode_size"><span style="color: #000000;" class="mycode_color"><br />
Maybe it isn't too surprising that Cruz would seek advice from Gramm. Cruz, after all, seems to want to hobble modern economic policy by returning to the gold standard. The Cruz-Gramm school of economics doesn’t seem very promising. We have seen these movies before, and they end in tragedy and tears. </span></span>]]></description>
			<content:encoded><![CDATA[<span style="font-size: medium;" class="mycode_size"><span style="color: #333340;" class="mycode_color"><span style="font-size: medium;" class="mycode_size"><span style="font-family: Tiempos, 'Helvetica Neue', Helvetica, Arial, sans-serif;" class="mycode_font"><span style="color: #4e4e5c;" class="mycode_color"><span style="font-size: xx-large;" class="mycode_size"><span style="font-family: SupriaSans, 'Helvetica Neue', Helvetica, Arial, sans-serif;" class="mycode_font"><a href="http://www.bloombergview.com/articles/2016-03-23/cruz-seeks-economic-wisdom-in-the-wrong-place" target="_blank" rel="noopener" class="mycode_url">Cruz Seeks Economic Wisdom in the Wrong Place</a></span></span></span><br />
<img src="http://assets.bwbx.io/images/i1JWQKZPC96A/v1/120x120.jpg" alt="[Image: 120x120.jpg]" class="mycode_img" /><br />
<span style="color: #a9a9a9;" class="mycode_color"><span style="font-size: x-small;" class="mycode_size"><span style="font-family: SupriaSans, 'Helvetica Neue', Helvetica, Arial, sans-serif;" class="mycode_font">MARCH 23, 2016 1:27 PM EST</span></span></span><br />
<br />
By <a href="http://www.bloombergview.com/contributors/AEq0WJRomcY/barry-l-ritholtz" target="_blank" rel="noopener" class="mycode_url"><span style="color: #00b9e7;" class="mycode_color">Barry Ritholtz</span></a></span></span></span></span><br />
<blockquote class="mycode_quote"><cite>Quote:</cite><span style="font-size: medium;" class="mycode_size"><span style="color: #6f6f6f;" class="mycode_color"><span style="font-weight: bold;" class="mycode_b">Some people look at subprime lending and see evil. I look at subprime lending and I see the American dream in action</span>.</span></span></blockquote>
<span style="font-size: medium;" class="mycode_size"><span style="color: #333340;" class="mycode_color"><span style="font-size: medium;" class="mycode_size"><span style="font-family: Tiempos, 'Helvetica Neue', Helvetica, Arial, sans-serif;" class="mycode_font">-- <a href="http://www.nytimes.com/2008/11/17/business/economy/17gramm.html?_r=0" target="_blank" rel="noopener" class="mycode_url"><span style="color: #00b9e7;" class="mycode_color">former</span></a> U.S. Senator Phil Gramm, Nov. 16, 2008</span></span></span></span><br />
<span style="font-size: medium;" class="mycode_size"><span style="color: #333340;" class="mycode_color"><span style="font-size: medium;" class="mycode_size"><span style="font-family: Tiempos, 'Helvetica Neue', Helvetica, Arial, sans-serif;" class="mycode_font"><br />
The reason I bring up the former senator from Texas is that <span style="font-weight: bold;" class="mycode_b">Gramm has been brought on as a senior economic adviser to Republican presidential candidate Ted Cruz</span>.</span></span></span></span><br />
<span style="font-size: medium;" class="mycode_size"><span style="color: #333340;" class="mycode_color"><span style="font-size: medium;" class="mycode_size"><span style="font-family: Tiempos, 'Helvetica Neue', Helvetica, Arial, sans-serif;" class="mycode_font"><br />
This isn't a promising development for Cruz, or the prospect that should he become president he will come up with sensible policies to address the U.S.'s economic challenges. Why do I say that? Because of what happened in the 1990s and early 2000s when the U.S. listened to Gramm.</span></span></span></span><br />
<span style="font-size: medium;" class="mycode_size"><span style="color: #333340;" class="mycode_color"><span style="font-size: medium;" class="mycode_size"><span style="font-family: Tiempos, 'Helvetica Neue', Helvetica, Arial, sans-serif;" class="mycode_font"><br />
But first, a more recent trip down memory lane. <span style="font-weight: bold;" class="mycode_b">Gramm, remember, was brought on as an adviser to the presidential campaign of <a href="http://archive.fortune.com/2008/02/18/news/newsmakers/tully_gramm.fortune/index.htm" target="_blank" rel="noopener" class="mycode_url"><span style="color: #00b9e7;" class="mycode_color">John McCain</span></a> in 2008. As the economy was stumbling that summer, Gramm said</span>:<br />
</span></span></span></span><br />
<blockquote class="mycode_quote"><cite>Quote:</cite><span style="font-size: medium;" class="mycode_size"><span style="color: #6f6f6f;" class="mycode_color">You’ve heard of mental depression; this is a mental recession. We may have a recession; we haven’t had one yet. We have sort of become a nation of whiners. You just hear this constant whining, complaining about a loss of competitiveness, America in decline.</span></span></blockquote>
<span style="font-size: medium;" class="mycode_size"><span style="color: #000000;" class="mycode_color"><br />
At that point, the financial crisis was gathering headway: foreclosures had doubled in the span of a year, 1.6 million more people were <a href="http://www.bls.gov/opub/ted/2008/aug/wk1/art01.htm" target="_blank" rel="noopener" class="mycode_url"><span style="color: #00b9e7;" class="mycode_color">unemployed</span></a> than a year earlier, the stock market had plunged 25 percent and the nation was already eight months into the worst <a href="http://www.nber.org/cycles.html" target="_blank" rel="noopener" class="mycode_url"><span style="color: #00b9e7;" class="mycode_color">recession</span></a> since the Great Depression. <span style="font-weight: bold;" class="mycode_b">McCain, in a vain effort to rescue his campaign, had to immediately <a href="http://www.nbcnews.com/id/25628205/ns/politics-decision_08/t/mccain-criticizes-advisers-whiners-remark/#.VvKEa5MrKV4" target="_blank" rel="noopener" class="mycode_url"><span style="color: #00b9e7;" class="mycode_color">disavow the remarks</span></a>. Gramm, meanwhile, refused to retract his comments. He was gone from the McCain campaign a few days later</span>.  </span></span><br />
<br />
<span style="font-size: medium;" class="mycode_size"><span style="color: #000000;" class="mycode_color">Not to put too fine a point on it, but I believe -- as do many others -- that Gramm was one of the major figures who helped set the stage for the crisis. My book "<a href="http://www.amazon.com/exec/obidos/ASIN/0470596325/thebigpictu09-20" target="_blank" rel="noopener" class="mycode_url"><span style="color: #00b9e7;" class="mycode_color">Bailout Nation</span></a>" included a list of “<a href="http://ritholtz.com/2009/06/who-is-to-blame-1-25/" target="_blank" rel="noopener" class="mycode_url"><span style="color: #00b9e7;" class="mycode_color">Who is to Blame for the Crisis</span></a>” that put Gramm at No. 3 after former Federal Reserve Chairman Alan Greenspan and the Fed itself. I'm not alone: <a href="http://content.time.com/time/specials/packages/article/0,28804,1877351_1877350_1877330,00.html" target="_blank" rel="noopener" class="mycode_url"><span style="color: #00b9e7;" class="mycode_color">Time</span></a> magazine placed him at No. 2, while CNN <a href="http://ac360.blogs.cnn.com/2008/10/14/culprits-of-the-collapse-7-phil-gramm/" target="_blank" rel="noopener" class="mycode_url"><span style="color: #00b9e7;" class="mycode_color">ranked</span></a> him No. 7.</span></span><br />
<span style="font-size: medium;" class="mycode_size"><span style="color: #000000;" class="mycode_color"><br />
Just to be clear, Gramm was but one player in the debacle and blame for the financial crisis is spread far and wide, extending to major figures in both political parties. </span><span style="color: #000000;" class="mycode_color">But Gramm is the topic today, so let's start with a list of particulars.</span></span><br />
<br />
<span style="font-size: medium;" class="mycode_size"><span style="color: #000000;" class="mycode_color"><span style="font-weight: bold;" class="mycode_b">Gramm was a key sponsor of the Financial Services Modernization Act of 1999, also known as <a href="https://www.ftc.gov/tips-advice/business-center/privacy-and-security/gramm-leach-bliley-act" target="_blank" rel="noopener" class="mycode_url"><span style="color: #00b9e7;" class="mycode_color">Gramm-Leach-Bliley Act</span></a>, which effectively repealed the piece of the <a href="http://ritholtz.com/2012/05/how-we-ended-glass-steagall/" target="_blank" rel="noopener" class="mycode_url"><span style="color: #00b9e7;" class="mycode_color">Glass-Steagall</span></a> Act</span> that had forced commercial banks to shed their investment banking operations during the Great Depression. </span></span><br />
<br />
<span style="font-size: medium;" class="mycode_size"><span style="color: #000000;" class="mycode_color"><span style="font-weight: bold;" class="mycode_b">The end of this separation didn't so much lead to the financial crisis as <a href="https://www.washingtonpost.com/repeal-of-glass-steagall-not-a-cause-but-a-multiplier/2012/08/02/gJQAuvvRXX_story.html" target="_blank" rel="noopener" class="mycode_url"><span style="color: #00b9e7;" class="mycode_color">remove a key firebreak</span></a></span>, allowing the conflagration to rapidly spread throughout the banking system. Recall earlier events before the repeal: the shock caused by the 1987 stock-market crash was confined to Wall Street, while the savings and loan crisis of the late 1980s did little harm to the broader economy.</span></span><br />
<span style="font-size: medium;" class="mycode_size"><br />
<span style="font-weight: bold;" class="mycode_b"><span style="color: #000000;" class="mycode_color">The damage caused by rolling back Glass-Steagall pales compared with what resulted from the <a href="https://www.congress.gov/bill/106th-congress/house-bill/5660" target="_blank" rel="noopener" class="mycode_url"><span style="color: #00b9e7;" class="mycode_color">Commodity Futures Modernization Act of 2000</span></a></span></span><span style="color: #000000;" class="mycode_color">. </span><span style="font-weight: bold;" class="mycode_b"><span style="color: #ff3333;" class="mycode_color">Gramm was a co-sponsor of the legislation, which exempted many derivatives and swaps from regulation</span></span><span style="color: #000000;" class="mycode_color">.  Not only was the law problematic, but it veered into potential conflict-of-interest territory.</span></span><br />
<span style="font-size: medium;" class="mycode_size"><span style="color: #000000;" class="mycode_color"><br />
At the time the legislation was under consideration, <span style="font-weight: bold;" class="mycode_b">Gramm's wife, Wendy, was on the board of Enron</span>, which as we now know was one of the greatest accounting fiascos in history. Wendy Gramm served on the audit committee, overseeing the finances of the energy-trading giant. Enron, of course, in late 2001 filed the biggest corporate bankruptcy in U.S. history up until then. Before joining Enron, she had served as chairman of the Commodity Futures Trading Commission, from 1988 to 1993, where her tenure was the <a href="http://www.futuresmag.com/News/2010/10/Pages/CFTC-judge-claims-colleague-is-biased-.aspx" target="_blank" rel="noopener" class="mycode_url"><span style="color: #00b9e7;" class="mycode_color">subject</span></a> of some controversy.</span></span><br />
<span style="font-size: medium;" class="mycode_size"><span style="color: #000000;" class="mycode_color"><br />
Enron, a once-sleepy utility, was an early adopter of derivatives and swaps. <span style="font-weight: bold;" class="mycode_b">Brooksley Born, chairman of the CFTC in the late 1990s, had recognized early on the potential danger these things posed. She rightly pressed for her agency to have regulatory oversight of derivatives</span>.</span></span><br />
<span style="font-size: medium;" class="mycode_size"><span style="color: #000000;" class="mycode_color"><br />
<span style="font-weight: bold;" class="mycode_b">It wasn't to be so because of Gramm's legislation. But there was more. At Wendy Gramm’s urging, then-Senator Gramm inserted what became known as <a href="http://www.nytimes.com/2008/11/17/business/17grammside.html?_r=0" target="_blank" rel="noopener" class="mycode_url"><span style="color: #00b9e7;" class="mycode_color">the Enron loophole</span></a> into the Commodity Futures Modernization Act</span>. This allowed Enron to avoid most regulation in its energy-trading business. <span style="font-weight: bold;" class="mycode_b">Enron, coincidentally, was a major campaign <a href="https://www.opensecrets.org/politicians/summary.php?cid=N00005709&amp;cycle=Career" target="_blank" rel="noopener" class="mycode_url"><span style="color: #00b9e7;" class="mycode_color">contributor</span></a> to the senator</span>. We don’t know what impact the loophole would have had on the company; it collapsed in 2001 due to accounting fraud before it had a chance to collapse due to bad energy derivatives. <span style="font-weight: bold;" class="mycode_b">However, the legislation Gramm pushed had other unintended consequences</span>.</span></span><br />
<span style="font-size: medium;" class="mycode_size"><br />
<span style="color: #000000;" class="mycode_color">We got a chance to see those consequences a few years later </span><span style="font-weight: bold;" class="mycode_b"><span style="color: #000000;" class="mycode_color">when American International Group failed, thanks in part to swaps -- a form of insurance really -- on &#36;441 billion of securities that turned out to be junk. </span><span style="color: #ff3333;" class="mycode_color">AIG wasn't required to put up much in the way of collateral, set aside capital or hedge its risk on the swaps. Why would it, when the law said it didn’t have to?</span><span style="color: #000000;" class="mycode_color"> The taxpayers were then called upon to bailout AIG to the tune of more than &#36;180 billion</span></span><span style="color: #000000;" class="mycode_color">.</span></span><br />
<span style="font-size: medium;" class="mycode_size"><span style="color: #000000;" class="mycode_color"><br />
Maybe it isn't too surprising that Cruz would seek advice from Gramm. Cruz, after all, seems to want to hobble modern economic policy by returning to the gold standard. The Cruz-Gramm school of economics doesn’t seem very promising. We have seen these movies before, and they end in tragedy and tears. </span></span>]]></content:encoded>
		</item>
		<item>
			<title><![CDATA[Why Cruz isn't sweeping the evangelical vote]]></title>
			<link>http://rightwingers.org/forums/thread-45.html</link>
			<pubDate>Sun, 06 Mar 2016 17:36:47 +0000</pubDate>
			<guid isPermaLink="false">http://rightwingers.org/forums/thread-45.html</guid>
			<description><![CDATA[Simple, really..<br />
<br />
<blockquote class="mycode_quote"><cite>Quote:</cite><span style="color: #000000;" class="mycode_color"><span style="font-family: Helvetica, Arial, sans-serif;" class="mycode_font">Sen. Ted Cruz’ Iowa/South Carolina strategy would have been very successful in winning evangelicals this year had it not been for Trump. Cruz, another strong, messianic figure, one who even speaks with the cadence of a Southern preacher, would have been the recipient of the evangelical votes this year, and after he won in Iowa <span style="font-weight: bold;" class="mycode_b">the Texas senator might have been on the path to securing the GOP nomination had it not been for an even stronger messianic figure, Donald Trump</span>.</span></span></blockquote>
<a href="http://www.realclearpolitics.com/articles/2016/03/06/why_evangelicals_support_trump_129864.html" target="_blank" rel="noopener" class="mycode_url"><span style="font-family: Helvetica, Arial, sans-serif;" class="mycode_font">Why Evangelicals Support Trump | RealClearPolitics</span></a>]]></description>
			<content:encoded><![CDATA[Simple, really..<br />
<br />
<blockquote class="mycode_quote"><cite>Quote:</cite><span style="color: #000000;" class="mycode_color"><span style="font-family: Helvetica, Arial, sans-serif;" class="mycode_font">Sen. Ted Cruz’ Iowa/South Carolina strategy would have been very successful in winning evangelicals this year had it not been for Trump. Cruz, another strong, messianic figure, one who even speaks with the cadence of a Southern preacher, would have been the recipient of the evangelical votes this year, and after he won in Iowa <span style="font-weight: bold;" class="mycode_b">the Texas senator might have been on the path to securing the GOP nomination had it not been for an even stronger messianic figure, Donald Trump</span>.</span></span></blockquote>
<a href="http://www.realclearpolitics.com/articles/2016/03/06/why_evangelicals_support_trump_129864.html" target="_blank" rel="noopener" class="mycode_url"><span style="font-family: Helvetica, Arial, sans-serif;" class="mycode_font">Why Evangelicals Support Trump | RealClearPolitics</span></a>]]></content:encoded>
		</item>
		<item>
			<title><![CDATA[Is Ted Cruz toast?]]></title>
			<link>http://rightwingers.org/forums/thread-8.html</link>
			<pubDate>Wed, 24 Feb 2016 19:34:12 +0000</pubDate>
			<guid isPermaLink="false">http://rightwingers.org/forums/thread-8.html</guid>
			<description><![CDATA[If he can't even win the evangelical vote, what can he win?<br />
<br />
<br />
<blockquote class="mycode_quote"><cite>Quote:</cite>In South Carolina’s <a href="http://www.cnn.com/2016/02/20/politics/south-carolina-exit-polls/" target="_blank" rel="noopener" class="mycode_url">evangelical-dominated Republican primary</a> on Saturday, Donald Trump won 33 percent of the evangelical vote. In Tuesday’s Nevada primary, Trump upped the ante, claiming <a href="http://www.nbcnews.com/politics/2016-election/primaries/NV" target="_blank" rel="noopener" class="mycode_url">40 percent</a> of evangelical votes. And while it was jarring in both cases to see a <a href="http://thehill.com/blogs/ballot-box/presidential-races/266906-cruz-pokes-at-trumps-bible-verse-flub" target="_blank" rel="noopener" class="mycode_url">Biblically illiterate</a>, <a href="https://newrepublic.com/article/128571/trump-romancing-christian-right" target="_blank" rel="noopener" class="mycode_url">divorced billionaire</a> win over such a sizable portion of America’s conservative faithful, an equally curious phenomenon has unfolded in the shadows of Trump’s victories: evangelical voters’ relative ambivalence toward Ted Cruz.</blockquote>
<a href="https://newrepublic.com/article/130422/ted-cruz-lost-evangelical-vote?utm_source=Sailthru&amp;utm_medium=email&amp;utm_campaign=New%20Campaign&amp;utm_term=TNR%20Daily%20Newsletter" target="_blank" rel="noopener" class="mycode_url"><span style="font-family: Helvetica, Arial, sans-serif;" class="mycode_font">How Ted Cruz Lost the Evangelical Vote | New Republic</span></a>]]></description>
			<content:encoded><![CDATA[If he can't even win the evangelical vote, what can he win?<br />
<br />
<br />
<blockquote class="mycode_quote"><cite>Quote:</cite>In South Carolina’s <a href="http://www.cnn.com/2016/02/20/politics/south-carolina-exit-polls/" target="_blank" rel="noopener" class="mycode_url">evangelical-dominated Republican primary</a> on Saturday, Donald Trump won 33 percent of the evangelical vote. In Tuesday’s Nevada primary, Trump upped the ante, claiming <a href="http://www.nbcnews.com/politics/2016-election/primaries/NV" target="_blank" rel="noopener" class="mycode_url">40 percent</a> of evangelical votes. And while it was jarring in both cases to see a <a href="http://thehill.com/blogs/ballot-box/presidential-races/266906-cruz-pokes-at-trumps-bible-verse-flub" target="_blank" rel="noopener" class="mycode_url">Biblically illiterate</a>, <a href="https://newrepublic.com/article/128571/trump-romancing-christian-right" target="_blank" rel="noopener" class="mycode_url">divorced billionaire</a> win over such a sizable portion of America’s conservative faithful, an equally curious phenomenon has unfolded in the shadows of Trump’s victories: evangelical voters’ relative ambivalence toward Ted Cruz.</blockquote>
<a href="https://newrepublic.com/article/130422/ted-cruz-lost-evangelical-vote?utm_source=Sailthru&amp;utm_medium=email&amp;utm_campaign=New%20Campaign&amp;utm_term=TNR%20Daily%20Newsletter" target="_blank" rel="noopener" class="mycode_url"><span style="font-family: Helvetica, Arial, sans-serif;" class="mycode_font">How Ted Cruz Lost the Evangelical Vote | New Republic</span></a>]]></content:encoded>
		</item>
		<item>
			<title><![CDATA[Summing Cruz up, a remarkable story..]]></title>
			<link>http://rightwingers.org/forums/thread-7.html</link>
			<pubDate>Wed, 24 Feb 2016 15:18:07 +0000</pubDate>
			<guid isPermaLink="false">http://rightwingers.org/forums/thread-7.html</guid>
			<description><![CDATA[Here is conservative(!) pundit David Brooks:<br />
<br />
<a href="http://www.nytimes.com/2016/01/12/opinion/the-brutalism-of-ted-cruz.html?action=click&amp;contentCollection=International%20Business&amp;module=MostPopularFB&amp;version=Full&amp;region=Marginalia&amp;src=me&amp;pgtype=article" target="_blank" rel="noopener" class="mycode_url"><span style="font-weight: bold;" class="mycode_b"><span style="font-size: large;" class="mycode_size">The Brutalism of Ted Cruz</span></span></a><br />
<br />
David Brooks JAN. 12, 2016<br />
<br />
<span style="font-weight: bold;" class="mycode_b">In 1997, Michael Wayne Haley was arrested after stealing a calculator from Walmart. This was a crime that merited a maximum two-year prison term. But prosecutors incorrectly applied a habitual offender law. <span style="font-size: large;" class="mycode_size">Neither the judge nor the defense lawyer caught the error and Haley was sentenced to 16 years</span></span>.<br />
<br />
<span style="font-weight: bold;" class="mycode_b">Eventually, the mistake came to light and Haley tried to fix it</span>. Ted Cruz was solicitor general of Texas at the time. Instead of just letting Haley go for time served, <span style="font-weight: bold;" class="mycode_b"><span style="font-size: large;" class="mycode_size">Cruz took the <a href="http://www.cnn.com/2004/LAW/06/11/lazarus.dretke/" target="_blank" rel="noopener" class="mycode_url">case to the Supreme Court</a> to keep Haley in prison for the full 16 years</span></span>.<br />
<br />
<span style="font-weight: bold;" class="mycode_b">Some justices were skeptical. “Is there some rule that you can’t confess error in your state?”</span> Justice <a href="http://www.texastribune.org/2012/07/23/cruz-supreme-court-work-heart-campaign/" target="_blank" rel="noopener" class="mycode_url">Anthony Kennedy asked</a>. The court system did finally let Haley out of prison, after six years.<br />
<br />
The case reveals something interesting about Cruz’s character. Ted Cruz is now running strongly among evangelical voters, especially in Iowa. But in his career and public presentation <span style="font-weight: bold;" class="mycode_b">Cruz is a stranger to most of what would generally be considered the Christian virtues: humility, mercy, compassion and grace</span>. <span style="font-weight: bold;" class="mycode_b">Cruz’s behavior in the Haley case is almost the dictionary definition of pharisaism: an overzealous application of the letter of the law in a way that violates the spirit of the law, as well as fairness and mercy</span>.<br />
<br />
Traditionally, candidates who have attracted strong evangelical support have in part emphasized the need to lend a helping hand to the economically stressed and the least fortunate among us. Such candidates include George W. Bush, Mike Huckabee and Rick Santorum.<br />
<br />
But Cruz’s speeches are marked by what you might call pagan brutalism. <span style="font-weight: bold;" class="mycode_b">There is not a hint of compassion, gentleness and mercy. Instead, his speeches are marked by a long list of enemies, and vows to crush, shred, destroy, bomb them</span>. When he is speaking in a church the contrast between the setting and the emotional tone he sets is jarring.<br />
<br />
<span style="font-weight: bold;" class="mycode_b">Cruz lays down an atmosphere of apocalyptic fear</span>. America is heading off “<a href="https://www.washingtonpost.com/news/post-politics/wp/2013/10/11/ted-cruz-faces-hecklers/" target="_blank" rel="noopener" class="mycode_url">the cliff to oblivion</a>.” After one Democratic debate <a href="https://www.bostonglobe.com/opinion/editorials/2015/10/15/cruz-hits-lowpoint-republican-rhetoric/tKHqXCpiWg65Yf64LmHohP/story.html" target="_blank" rel="noopener" class="mycode_url">he said</a>, “We’re seeing our freedoms taken away every day, and last night was an audition for who would wear the jackboot most vigorously.”<br />
<br />
As the Republican strategist <a href="http://www.politico.com/magazine/story/2015/12/ted-cruz-2016-ego-213460" target="_blank" rel="noopener" class="mycode_url">Curt Anderson observed</a> in Politico, there’s no variation in Cruz’s rhetorical tone. As is the wont of inauthentic speakers, everything is described as a maximum existential threat.<br />
<br />
The fact is this apocalyptic diagnosis is ridiculous. The Obama administration has done things people like me strongly disagree with. But America is in better economic shape than any other major nation on earth. Crime is down. Abortion rates are down. Fourteen million new jobs have been created in five years.<br />
<br />
<span style="font-weight: bold;" class="mycode_b">Obama has championed a liberal agenda, but he hasn’t made the country unrecognizable. In 2008, federal spending accounted for about 20.3 percent of gross domestic product. In 2015, it accounted for about 20.9 percent</span>.<br />
<br />
<span style="font-weight: bold;" class="mycode_b">But Cruz manufactures an atmosphere of menace in which there is no room for compassion, for moderation, for anything but dismantling and counterattack</span>. And that is what he offers. <span style="font-weight: bold;" class="mycode_b"><span style="font-size: large;" class="mycode_size">Cruz’s programmatic agenda, to the extent that it exists in his speeches, is to destroy things</span>: destroy the I.R.S., crush the “jackals” of the E.P.A., end funding for Planned Parenthood, reverse Obama’s executive orders, make the desert glow in Syria, destroy the Iran nuclear accord</span>.<br />
<br />
<span style="font-weight: bold;" class="mycode_b">Some of these positions I agree with, but the lack of any positive emphasis, any hint of reform conservatism, any aid for the working class, or even any humane gesture toward cooperation is striking</span>.<br />
<br />
Ted Cruz didn’t come up with this hard, combative and gladiatorial campaign approach in isolation. He’s always demonstrated a tendency to bend his position — whether immigration or trade — to what suits him politically. This approach works because in the wake of the Obergefell v. Hodges court decision on same-sex marriage, many evangelicals feel they are being turned into pariahs in their own nation.<br />
<br />
Cruz exploits and exaggerates that fear. But he reacts to Obergefell in exactly the alienating and combative manner that is destined to further marginalize evangelicals, that is guaranteed to bring out fear-driven reactions and not the movement’s highest ideals.<br />
<br />
The best conservatism balances support for free markets with a Judeo-Christian spirit of charity, compassion and solidarity. Cruz replaces this spirit with Spartan belligerence. He sows bitterness, influences his followers to lose all sense of proportion and teaches them to answer hate with hate. This Trump-Cruz conservatism looks more like tribal, blood and soil European conservatism than the pluralistic American kind.<br />
<br />
Evangelicals and other conservatives have had their best influence on American politics when they have proceeded in a spirit of personalism — when they have answered hostility with service and emphasized the infinite dignity of each person. They have won elections as happy and hopeful warriors. Ted Cruz’s brutal, fear-driven, apocalypse-based approach is the antithesis of that.]]></description>
			<content:encoded><![CDATA[Here is conservative(!) pundit David Brooks:<br />
<br />
<a href="http://www.nytimes.com/2016/01/12/opinion/the-brutalism-of-ted-cruz.html?action=click&amp;contentCollection=International%20Business&amp;module=MostPopularFB&amp;version=Full&amp;region=Marginalia&amp;src=me&amp;pgtype=article" target="_blank" rel="noopener" class="mycode_url"><span style="font-weight: bold;" class="mycode_b"><span style="font-size: large;" class="mycode_size">The Brutalism of Ted Cruz</span></span></a><br />
<br />
David Brooks JAN. 12, 2016<br />
<br />
<span style="font-weight: bold;" class="mycode_b">In 1997, Michael Wayne Haley was arrested after stealing a calculator from Walmart. This was a crime that merited a maximum two-year prison term. But prosecutors incorrectly applied a habitual offender law. <span style="font-size: large;" class="mycode_size">Neither the judge nor the defense lawyer caught the error and Haley was sentenced to 16 years</span></span>.<br />
<br />
<span style="font-weight: bold;" class="mycode_b">Eventually, the mistake came to light and Haley tried to fix it</span>. Ted Cruz was solicitor general of Texas at the time. Instead of just letting Haley go for time served, <span style="font-weight: bold;" class="mycode_b"><span style="font-size: large;" class="mycode_size">Cruz took the <a href="http://www.cnn.com/2004/LAW/06/11/lazarus.dretke/" target="_blank" rel="noopener" class="mycode_url">case to the Supreme Court</a> to keep Haley in prison for the full 16 years</span></span>.<br />
<br />
<span style="font-weight: bold;" class="mycode_b">Some justices were skeptical. “Is there some rule that you can’t confess error in your state?”</span> Justice <a href="http://www.texastribune.org/2012/07/23/cruz-supreme-court-work-heart-campaign/" target="_blank" rel="noopener" class="mycode_url">Anthony Kennedy asked</a>. The court system did finally let Haley out of prison, after six years.<br />
<br />
The case reveals something interesting about Cruz’s character. Ted Cruz is now running strongly among evangelical voters, especially in Iowa. But in his career and public presentation <span style="font-weight: bold;" class="mycode_b">Cruz is a stranger to most of what would generally be considered the Christian virtues: humility, mercy, compassion and grace</span>. <span style="font-weight: bold;" class="mycode_b">Cruz’s behavior in the Haley case is almost the dictionary definition of pharisaism: an overzealous application of the letter of the law in a way that violates the spirit of the law, as well as fairness and mercy</span>.<br />
<br />
Traditionally, candidates who have attracted strong evangelical support have in part emphasized the need to lend a helping hand to the economically stressed and the least fortunate among us. Such candidates include George W. Bush, Mike Huckabee and Rick Santorum.<br />
<br />
But Cruz’s speeches are marked by what you might call pagan brutalism. <span style="font-weight: bold;" class="mycode_b">There is not a hint of compassion, gentleness and mercy. Instead, his speeches are marked by a long list of enemies, and vows to crush, shred, destroy, bomb them</span>. When he is speaking in a church the contrast between the setting and the emotional tone he sets is jarring.<br />
<br />
<span style="font-weight: bold;" class="mycode_b">Cruz lays down an atmosphere of apocalyptic fear</span>. America is heading off “<a href="https://www.washingtonpost.com/news/post-politics/wp/2013/10/11/ted-cruz-faces-hecklers/" target="_blank" rel="noopener" class="mycode_url">the cliff to oblivion</a>.” After one Democratic debate <a href="https://www.bostonglobe.com/opinion/editorials/2015/10/15/cruz-hits-lowpoint-republican-rhetoric/tKHqXCpiWg65Yf64LmHohP/story.html" target="_blank" rel="noopener" class="mycode_url">he said</a>, “We’re seeing our freedoms taken away every day, and last night was an audition for who would wear the jackboot most vigorously.”<br />
<br />
As the Republican strategist <a href="http://www.politico.com/magazine/story/2015/12/ted-cruz-2016-ego-213460" target="_blank" rel="noopener" class="mycode_url">Curt Anderson observed</a> in Politico, there’s no variation in Cruz’s rhetorical tone. As is the wont of inauthentic speakers, everything is described as a maximum existential threat.<br />
<br />
The fact is this apocalyptic diagnosis is ridiculous. The Obama administration has done things people like me strongly disagree with. But America is in better economic shape than any other major nation on earth. Crime is down. Abortion rates are down. Fourteen million new jobs have been created in five years.<br />
<br />
<span style="font-weight: bold;" class="mycode_b">Obama has championed a liberal agenda, but he hasn’t made the country unrecognizable. In 2008, federal spending accounted for about 20.3 percent of gross domestic product. In 2015, it accounted for about 20.9 percent</span>.<br />
<br />
<span style="font-weight: bold;" class="mycode_b">But Cruz manufactures an atmosphere of menace in which there is no room for compassion, for moderation, for anything but dismantling and counterattack</span>. And that is what he offers. <span style="font-weight: bold;" class="mycode_b"><span style="font-size: large;" class="mycode_size">Cruz’s programmatic agenda, to the extent that it exists in his speeches, is to destroy things</span>: destroy the I.R.S., crush the “jackals” of the E.P.A., end funding for Planned Parenthood, reverse Obama’s executive orders, make the desert glow in Syria, destroy the Iran nuclear accord</span>.<br />
<br />
<span style="font-weight: bold;" class="mycode_b">Some of these positions I agree with, but the lack of any positive emphasis, any hint of reform conservatism, any aid for the working class, or even any humane gesture toward cooperation is striking</span>.<br />
<br />
Ted Cruz didn’t come up with this hard, combative and gladiatorial campaign approach in isolation. He’s always demonstrated a tendency to bend his position — whether immigration or trade — to what suits him politically. This approach works because in the wake of the Obergefell v. Hodges court decision on same-sex marriage, many evangelicals feel they are being turned into pariahs in their own nation.<br />
<br />
Cruz exploits and exaggerates that fear. But he reacts to Obergefell in exactly the alienating and combative manner that is destined to further marginalize evangelicals, that is guaranteed to bring out fear-driven reactions and not the movement’s highest ideals.<br />
<br />
The best conservatism balances support for free markets with a Judeo-Christian spirit of charity, compassion and solidarity. Cruz replaces this spirit with Spartan belligerence. He sows bitterness, influences his followers to lose all sense of proportion and teaches them to answer hate with hate. This Trump-Cruz conservatism looks more like tribal, blood and soil European conservatism than the pluralistic American kind.<br />
<br />
Evangelicals and other conservatives have had their best influence on American politics when they have proceeded in a spirit of personalism — when they have answered hostility with service and emphasized the infinite dignity of each person. They have won elections as happy and hopeful warriors. Ted Cruz’s brutal, fear-driven, apocalypse-based approach is the antithesis of that.]]></content:encoded>
		</item>
	</channel>
</rss>