The End of Impunity
One thing which has marked the last two decades, and it's as true for ordinary people as for our leaders, has been a sense of impunity.
Democrats complain often of how the Bush Administration displays impunity. The rules don't apply to them. They make up their own reality. The President cannot break the law.
We talk a lot less about our personal impunity. We can buy what we want. We can walk away from our debts. We don't have to make hard choices.
Democrats most fear talking about the impunity inherent in their own positions. We'll get out of Iraq on our own schedule, and stay in Afghanistan "to win," they say. We'll give ordinary people tax cuts and raise spending on health care and education.
The end of all this impunity is a big theme in our current crisis and all of us -- Democrats, Republicans, consumers, businesses -- remain in the denial stage of the process.
Last week's biggest story may have been Joseph Stiglitz' (above) estimate of the Iraq war's cost -- $3-5 trillion. (It's all here in his book.) The figure seems unimaginable so let me put it into perspective.
It's going to cost the U.S. its autonomy. It's going to cost our currency. It's going to cost you your life savings, and me mine. It's going to end the era of American impunity.








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