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Australian Treasurer Wayne Swan says investors are keenly watching the tight electoral contest between Obama and Romney (AFP/File, Romeo Gacad)
GOP 'Cranks and Crazies' in US Biggest Threat to World Economy: Australian Official
Providing an outside perspective on American politics today, the Australian Treasurer, Wayne Swan, said "cranks and crazies" had taken over the GOP.
"Let's be blunt and acknowledge the biggest threat to the world's biggest economy are the cranks and crazies that have taken over a part of the Republican Party," Swan said in a speech to a conference in Sydney.
Sep 21, 2012
Providing an outside perspective on American politics today, the Australian Treasurer, Wayne Swan, said "cranks and crazies" had taken over the GOP.
"Let's be blunt and acknowledge the biggest threat to the world's biggest economy are the cranks and crazies that have taken over a part of the Republican Party," Swan said in a speech to a conference in Sydney.
"Despite President Obama's goodwill and strong efforts, the national interest there was held hostage by the rise of the extreme tea party wing of the Republican Party. And there can be few things more alarming in public policy than a political movement which was genuinely prepared to see the government of the United States default on its obligations in order to score a political point."
An Unconstitutional Rampage
Trump and Musk are on an unconstitutional rampage, aiming for virtually every corner of the federal government. These two right-wing billionaires are targeting nurses, scientists, teachers, daycare providers, judges, veterans, air traffic controllers, and nuclear safety inspectors. No one is safe. The food stamps program, Social Security, Medicare, and Medicaid are next. It’s an unprecedented disaster and a five-alarm fire, but there will be a reckoning. The people did not vote for this. The American people do not want this dystopian hellscape that hides behind claims of “efficiency.” Still, in reality, it is all a giveaway to corporate interests and the libertarian dreams of far-right oligarchs like Musk. Common Dreams is playing a vital role by reporting day and night on this orgy of corruption and greed, as well as what everyday people can do to organize and fight back. As a people-powered nonprofit news outlet, we cover issues the corporate media never will, but we can only continue with our readers’ support. |
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Providing an outside perspective on American politics today, the Australian Treasurer, Wayne Swan, said "cranks and crazies" had taken over the GOP.
"Let's be blunt and acknowledge the biggest threat to the world's biggest economy are the cranks and crazies that have taken over a part of the Republican Party," Swan said in a speech to a conference in Sydney.
"Despite President Obama's goodwill and strong efforts, the national interest there was held hostage by the rise of the extreme tea party wing of the Republican Party. And there can be few things more alarming in public policy than a political movement which was genuinely prepared to see the government of the United States default on its obligations in order to score a political point."
Providing an outside perspective on American politics today, the Australian Treasurer, Wayne Swan, said "cranks and crazies" had taken over the GOP.
"Let's be blunt and acknowledge the biggest threat to the world's biggest economy are the cranks and crazies that have taken over a part of the Republican Party," Swan said in a speech to a conference in Sydney.
"Despite President Obama's goodwill and strong efforts, the national interest there was held hostage by the rise of the extreme tea party wing of the Republican Party. And there can be few things more alarming in public policy than a political movement which was genuinely prepared to see the government of the United States default on its obligations in order to score a political point."
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