In her book The Shock Doctrine: The Rise of Disaster Capitalism, Naomi Klein documents how the Republican Neocons have perfected the use of shock and awe to get what they want. Briefly, Klein's doctrine describes how using the uncertainty that surrounds a crisis situation (9/11 Attack, Iraq War, Hurricane Katrina etc. etc) Republicans push through rules, decisions and laws that otherwise would be too unpopular to attempt (Patriot Act, Removal of Habeas Corpus, approval of torture...sorry enhanced interogation, privatization of the army in Iraq, warrant-less eavesdropping on American citizens, etc. etc.)
I have one question.
Is this week's financial meltdown another example of shock and awe? On the one hand we have the irony of the Neocon Republican oligopoly presiding over the largest imposition of socialism in our country's history.
Nixon in China anyone?
On the other hand, the end result of their attempts to save us from another Great Depression is the propping up of financial managers who guessed wrongly in their gambling of shareholder assets and the transfer of $700 Billion in taxpayer dollars to the aforementioned private sector to benefit those managers and possibly their shareholders.
Can anyone help me out?