Naomi Klein and Eliot Spitzer Take Down David Frum

David Frum, apparently unaware that the deregulated capitalism he has cheer led for his entire career has destroyed a considerable amount of the nation's wealth, continues to argue that 'financial creativity' is the defining aspect of America's economic prosperity. So blinded by his faith in the use of debt, private enterprise and deregulated markets that on Fareed Zakaria's show, he even attributes the creation of the internet to free market capitalism (it wasn't) and suggests people's increased ability to go further into debt by remortgaging is a fantastic thing (if you want to destroy the economy that is):

Frum is a spineless dweeb who has found himself on the wrong side of every single major issue over the past decade. He supported both wars, George Bush's tax cuts, advised Rudolph Giuliani for President in 2008, opposed the stimulus, opposes health care reform and is now arguing that the financial system 'is fine'. Some might conclude that Frum really is a clever chap and has simply made some bad choices.

However, it's most likely that he just isn't that bright.


 


MEMBERS ONLY: The Bob & Chez Show After Party: Greenwald, Citizenfour, and the Oscars

MEMBERS ONLY: The Bob & Chez Show After Party: Greenwald, Citizenfour, and the Oscars

Download the MP3 64 minutes, 25MB Not Safe For Work! This week: Chez's New Music Countdown, FebRead more...
White House Does Not Find Bibi Netanyahu's Bad Cop Act Helpful

White House Does Not Find Bibi Netanyahu's Bad Cop Act Helpful

On the eve of his big speech before Congress, Israeli Prime Minister Benjamin Netanyahu addressed AIRead more...
Stephen Colbert Discusses His Favorite Things About Being Catholic (VIDEO)

Stephen Colbert Discusses His Favorite Things About Being Catholic (VIDEO)

One of the many things I admire about Stephen Colbert is that in spite of the anti-religion and vocaRead more...