(This article made “Post of the Day” for Monday, July 9 at Le-gal In-sur-rec-tion. Professor Jacobson called it “What’s under that Burka?”)
Paul Burka is the Senior Executive Editor of Texas Monthly, a dead tree magazine with an online footprint. And Paul Burka likes to think of himself as better than us plebes. I’ll show you that very clearly throughout this article. But first, let’s quantify Paul Burka just a wee bit, shall we? In writing about the Ted Cruz/David Dewhurst debate in which Burka declared Dewhurst the winner, Burka had this little gem which gives everyone a glimpse into his heart and soul:
[I just want to point out here that the bailouts worked extremely well, that they kept the American automobile industry alive through the worst of the recession, that most, if not all, of the money has been paid back, not only in the auto industry but also in the financial industry, and that the opposition to them is an example of how ideology can be blinding, even when we know all of the facts. Isn't it clear to everyone by now that the bailouts saved the international financial system?--pb]
That is indeed the position of the radical Leftist establishment, Liberals, Progressives, Socialists, Communists, Fascists, Mainstream Media, and propagandists (brought to you in triplicate by the Redundant Department of Redundancy). That is not at all the position of Conservatives, mainstream Republicans, or even Ruling Class Republicans. It is also not at all true. Ford did not take any Government bailout and it’s doing just fine, thank you very much. The fact Obama threw the entirety of the bankruptcy Laws in the trash heap in order to feed the United Auto Workers Union meant that grandma and grandpa lost a lot of their retirement investments, permanently. And it is a stone-cold fact that GM paid it’s Government loans with Government money and not its own. And the Government still has tens of billions of dollars stuck in GM today. And, no, these bailouts did not at all “save the international financial system”. It is still a mess, and will be an even bigger mess since Government is still getting in the way of Free Market corrections and eliminations of wasteful and failed agendas. The bailouts only made matters worse.
Now that we’re a bit more clear on just who this clown Paul Burka is (he’s clearly a Liberal), let’s get down to Fisking his article in the July, 2012 print edition of Texas Monthly, which I have in my currently nicotine-stained fingers. *crinkle*crinkle*crinkle* It is available online if you’re registered. I’m not registered, so I’ll use the print version. (I trust it more, anyway, because lamestream media outlets are notorious in stealth changes to their articles, or memory-holing them in their entireties.)