Friday, August 13, 2010

The End of Truth in Politics; Barney Frank

This is the first installment on the Washington culture of lies.

These videos have been around for a while, but they are worth showing again. The key to remember about progressives and socialists is there disregard for the truth. This is how FA Hayek described "The End of Truth". The general intellectual climate which this produces, the spirit of complete cynicism as regards to the truth which engenders, the loss of the sense of even the meaning of the truth, the disappearance of the spirit of independent inquiry and of the belief in the power of rational conviction, the way in which differences of opinion in every branch of knowledge become political issues to be decided by authority, are all things which one must personally experience- no short description can convey their extent. Perhaps the most alarming fact is the contempt for intellectual liberty is not a thing which arises only once the totalitarian system is established but one which can be found everywhere among intellectuals who have embraced a collectivist faith and who are acclaimed as intellectual leaders even in countries still under a liberal regime* (The Road to Serfdom).

*Hayek is using the European meaning of liberal, meaning a belief in individual liberty; the Declaration of Independence is considered the definitive example.

Here in 2005 we have Rep Frank saying the Democrats plans for Freddie and Fannie are solely for the purposes of home ownership with no possibility of a bubble.

Then 3 years later after the bottom fell out of Fannie and Freddie, Rep Frank blames the Republicans for backing a plan for excessive home ownership, while he was in favor of only rental property being purchased.

If you have a brain, even if you reside on another planet, it is obvious Barney Frank is a lair.

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