The New New Deal

Groucho Marx
Photo: Hulton Archive/Getty Images

Irony: "The conservative movement has utterly hated FDR, and his New Deal programs like Medicaid, Social Security, FDIC, Fannie Mae (1938), and the SEC for nearly 80 years. And for the past 8 years, a conservative was in the White House, with a very conservative agenda ... We now see that the grand experiment of deregulation has ended, and ended badly. The deregulation movement is now an historical footnote, just another interest group, and once in power they turned into socialists. Indeed, judging by the actions of the conservatives in power ... the conservative movement has effectively turned the United States into a massive Socialist state, an appendage of Communist Russia, China and Venezuela." [Big Picture]

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