But now President Obama wants to compound his social experimentation with the military, by ordering the Pentagon brass to focus not on imminent weather events surrounding battle plans – not on threats from China, Russia, Iran, North Korea, ISIL, Hamas and other real hot spots – but on climate change years or decades in the future. He wants to replace Remember the Alamo with Remember the Climate!
The banking crisis of 2008 and its attendant deep recession have been hailed by statists the world over as the ultimate demonstration of capitalist greed and a justification for more and more regulation and government control of the economy, particularly the financial sector. Their argument boils down to an accusation that private actors in the marketplace are incapable of dealing with systemic crises and that government is the only agent that can address the market as a whole in order to combat panics and economic shocks. That argument won out in the aftermath of the recession, leading to a raft of new regulations, most notably the voluminous Dodd-Frank Act.