Subject:  (Reuss) Re (Phelan) China (fwd)
Date:     Tue, 26 Jan 1999 030348 -0600 (CST)
From:     "Roy L. Beavers" <rbeavers@llion.org>
To:       emfguru <rbeavers@llion.org>
--------------------------------------------------


---------- Forwarded message ----------
Date: Tue, 26 Jan 1999 09:48:58 +0100
From: Christoph Reuss 
To: "Roy L. Beavers" 
Cc: mphelan@llion.org, kcact@wollongong.starway.net.au
Subject: Re: (Phelan) China (fwd)

Roy wrote:
> Now, why does our "liberal" president behave that way???  The answer is
> in Mike's last sentence above.  Clinton's "liberalism" is phony!!!
>
> He readily "throws over" his liberal "talk" (speeches, press releases)
> when it becomes a hard "action" choice between "profits" and (liberal)
> "principles."
>
> I remember a statement made by one of my econ teachers MANY years ago:
> "Wall street," he said "would rather have in the White House an
> ***unprincipled*** liberal than a conservative of principle -- because
> the liberal will be able to fool the public into thinking he is doing
> their work ... while in fact he is doing the work of his (hidden) Wall
> Street supporters!!!"

Good point.  Recently we saw the same kind of "unprincipled liberal"
coming up in Europe: Blair in UK and Schroeder in Germany.  They came
to power with left votes as they belong to a "social-democrat" party,
but actually they serve the big biz and value profits over principles.
("No principles" ?  Ha!  The principle is: "maximize profits"...).
Quite a touch of neo-liberalism...

Cheerio,
Chris





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