Starting to see evidence that the economic crisis is turning into a idealogical battlefield - and Wall Street's summary rejection of Obamanomics in the form of sharply decreasing values would appear to be a possible manifestation of this conflict. Brooks writes about it in column today, and it's something that I've noticed as well as I watch and listen to the pundits and political operatives vent spleen on rivals: right and left are wondering, are in the throes of an existential conundrum concerning who will be validated and who laid low by events current and yet to come.
I like to think I don't have a particular dog in that fight - but find myself speculating that possibly liberals, sensing an opportunity, are enjoying current dire conditions insomuch as: imagining themselves enlightened folks, it allows them to blame crisis on greed and other crudities while insinuating their high-minded ways would not have fallen so - this may be wrong but is not wholly unreasonable; being ashamed of America and its power and not being fans of power and powerful urges to begin with they possibly enjoy seeing America knocked down a notch or two and, moreover, see in a weakened America the long awaited for chance to remake it in an image more in line with their tastes - remade into a France or something. Certainly, for those who envision Obama as a vanguard for a new world order, fundamental to the establishing of such would be a chastened America. In that sense one hardly need be a communist or even a milquetoast socialist to take pleasure in the fall of Wall Street - just need to be a liberal all giddy with hope.