Tuesday, February 05, 2013

The conventional narrative misleads the public

If you want bigger government, you need to side with big business

The media too often see Washington battles as Big Business vs Big Government. This is usually not the case. Often it’s Big Business & Big Government vs. Small Business.

From 2008:

The greater sin of the elite media is the fairy tale version of Washington they foist upon their readers/viewers. In their telling of the story, the Party of Free Enterprise wages a vicious, partisan war against the Party Opposed to Big Business.

The reality is something far different. Liberal Democrats like Chris Dodd, Barack Obama, and Barney Frank received huge sums of campaign cash from Freddie and Fanny. Joe Biden watches out for the interest of credit card giant MBNA while his family dabbles in running hedge funds.

The fairy tale has been obsolete for decades. The Democrats made their peace with Big Business in 1975 when Phil Burton and Tip O’Neil realized that they could use corporate money to preserve their post-Watergate majorities.

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