Former GOP senior strategist Kevin Phillips wrote the political Bible of the New Right,
The Emerging Republican Majority. He coined the term "Sun Belt." He voted for Reagan twice and still considers himself a staunch Republican. But now Phillips, the author of a new book called
American Theocracy, is warning that the party of George Bush and Karl Rove ("W brand Republicans," in the phrase of GOP pollster Jan van Lohuizen) has become "
God's own party" -- the champion of a convergence of "petroleum-defined national security; a crusading, simplistic Christianity; and a reckless credit-feeding financial complex." Phillips also cautions that the W-brand party's "
sense of how to win elections comes out of a CIA manual, not out of the Declaration of Independence or the Constitution." [Phillips was also discussed
here.]
posted by digaman
on Apr 2, 2006 -
27 comments
High Finance Run Amok [latimes free reg req] is a Kevin Phillips editorial on the "financialization" of the US economy. "As the financial sector, in short, became too important to fail, the Fed and the Treasury abandoned market economics to embrace socialization of credit risk. No other sector of the U.S. economy, save possibly defense, received such governmental assistance."
posted by electro
on Jun 24, 2002 -
13 comments