TPTB: GOP and RNC Are Too Big to Fail? The current political equivalent of the financial crisis?
I'm trying to make sense out of the last two years and especially the silence of the majority of gop leaders (and some of the dems who are in position to say more but are not).
We learned a concept in 2009: some banks and financial institutions were too big and too important to allow to fail. Allow the banking industry to collapse and there would be ruin, chaos, vulnerability, weakening of economic/social institutions, more and longer suffering, etc.. The country might be less strong, less vigorous, less secure. Whether or not that concept was right, it was accepted...and after it was accepted all kinds of public and private mechanisms were put in place to provide a soft landing. It got done because it had to, from the standpoint of the power brokers.
Are we currently witnessing something similar, but in the political realm instead of a financial one? A political crisis in which all kinds of public and behind the scenes discussions are happening to preserve the system?
The GOP has very little going for it, right? We at DU generally believe that, for good reason. Demographically, it is in trouble. Ideologically, it is decades behind where the people are. On almost every issue the GOP has serious problems with science/history/truth/education/reason. People are realizing conservative media is dishonest and advocacy driven. It has the backing of the incredibly wealthy, but little else. The support of fools maybe. And at the very top of the GOP sits a loud, inept, corrupt, unfit narcissist who offers almost nothing of value to most Americans. Finally, there is the possibility that the GOP will soon be exposed as incredibly corrupt and possibly criminal. These things taken together have to represent a serious threat to the survival of the party.
There are 'leaders' on both sides of the aisle and in corporate boardrooms (and in the offices of the special counsel?) who might view the rapid destruction of one of only two major political parties as a threat to the nation as a whole. They might think that the GOP is too big, too integral to our political system to suddenly fail. They might wonder if there were ways to soften the landing, to right the ship without sinking the ship. And perhaps, like the financial crisis, this political crisis will have negotiated winners and losers in a scheme that preserves the overall system.
I'm personally for transparency and even if the GOP is -- or is not -- too big to fail...it should also be true that the GOP to too big and important to be as TOXIC as it is for the country and should not be allowed to foist upon us all the crap that it has over the last couple of decades.
So...perhaps 'Too Big to Fail' explains some things. More clarity on Thursday, hopefully.
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