Did Barney Frank Contribute a New Word to the Political Lexicon? Did He Say “Changeinism”?

A new word for our political dictionary?

A new word for our political dictionary?

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On Monday of this week, Rep. Barney Frank spoke about a stimulus package recently proposed by House Democrats:

I think at this point, there needs to be a focus on an immediate increase in spending. At this time, I think deficit fear needs to take a second seat. I do think this is a very important time for a very big dose of changeinism[?].

Yes, I believe later on, there should be tax increases. Speaking personally, I believe there are a lot of rich people out there who we can tax at a point down the road and recover some of this money.

On Glenn Beck’s Tuesday radio show, Glenn discussed these statements with the show’s producer, Stu, when both discovered Frank’s apparently newly coined word. And it’s a gem. On the first two rounds of listening to the audio clip, it sounded as if Frank may have been saying “changelism”.

Stu pondered whether or not the word “changelism” means “change by vandalism”.

The show’s first caller postulated that the word new word was a combination of socialism + change.

The second caller speculated that Frank really meant that the country needs a big dose of Keynesianism. The theory of Keynesian economics was largely employed during the New Deal. A number of Keynesian principles have been with us ever since (think the Fed). The central tenet of this theory is that government intervention in the economy promotes prosperity and stability.

Stu’s and the callers’ theories are viable prospects. “Vandalism + change”, upon examination, is a good candidate because Barack Obama and the Congressional leadership are promoting a policy that could be construed as vandalism ala Robin Hood; we all know that Obama’s central campaign theme has been that of “change”. By “spreading the wealth around” through higher taxation of anyone with an income over $250,000, and giving a “tax credit” to 95% of Americans, 40% of whom pay no income taxes at all, Obama / Robin Hood promises to steal (hence, vandalism) from the rich and give to the poor. Delving further into the vandalism theme, one could also say that these tax policies would cap or discourage the level of achievement to which business owners and workers would aspire, cause the loss of jobs when small businesses have to lay off workers to pay the higher taxes, slow down spending by the rich on goods and services made and performed by workers, and thereby wreck the economy. This would be a change, that’s for sure, and wrecking something is vandalism. Hence, change by vandalism.

The second viable intrepretation, change + socialism, would fit Barack Obama and the Congressional leadership’s proposed plans. Outright socialism would certainly be a change for America. Although many of these kinds of policies have been creeping into government by stealth for many years, there is a historical American antipathy for openly, unabashedly admitting that certain policies are socialist.

The third proposed intrepretation is “Keynesian”. The interventionist, tinkering policies employed to head off and lessen the Great Depression have continued to be used by degrees ever since the early 1930’s, are certainly already being used to deal with the “financial meltdown” and their expansion are being aggressively advocated by Washington leadership.

Perhaps it was Frank’s speech impediment. Perhaps he misspoke. Did he coin a new word? He probably meant “Keynesianism”. It’s unlikely a clarification will be called for, much less answered. In any case, “changeinism” is at least more entertaining. If we’re going to go down in flames as a country, it would be nice to at least have fun doing it, right?

Unfortunately, there is no misconstruing the remainder of his statement. The ridiculous policy measures Frank is proposing are exactly the wrong thing to do at this time. They come at a moment when the United States has for the first time in its history ecrued a $1 trillion deficit in one year. Because of the continuing massive overspending, the country’s creditors are considering downgrading the country’s credit rating. A number of nations are calling for “a new world order” and even one world currency.  Dangerous and unprecedented powers have been granted to the same administration officials whose Keynesian-style tinkering with the country’s financial system helped sew the sides of a financial meltdown. These powers were granted despite the vast majority of the public rising up in efforts to prevent it. In the legislative branch, the very same corrupt politicians who are not being called into account for their aggressive advocating and engineering of the very policies that led to the mortgage meltdown are now leading the way to “fix it”. There is now an astounding volume of money being churned off the printing presses to fund all of the bailouts and forced government purchases of shares in private banks. The unchecked flood of currency into the financial system can lead no where but to massive inflation, perhaps on levels found only in such places as Zimbabwe or the Weimar Republic.

Yeah right, we really need a big dose of “changeinism” or a bigger dose of Keynesiam, as semi-defined by Barney Frank. But that doesn’t actually seem like change at all. Ironically, it’s a continuation and expansion of the abysmal failure of the current administration’s and Congressional leadership’s policies. Maybe that’s what changeinism really means. If Frank was attempting to contribute a new word the American political lexicon, perhaps it was the much-touted change hybrized with “continuism” and “expanison” to disguise the actually villified “more of the same”.

Chris Dodd: “I’d like to thank the Academy…”

Senate Majority Leader / Master of Ceremonies Reid, Award Recipient Sen. Dodd, and Sen. McConnell

Senate Majority Leader / Master of Ceremonies Reid, Award Recipient Sen. Dodd, and Sen. McConnell

Washington, D.C. – Post Senate Bailout Vote Award Ceremony

From the halls of the United States Senate:

In a self-congratulatory ceremony Wednesday evening, after the Senate passed the bailout bill, Master of Ceremonies, Senate Majority Leader Harry Reid, presented the much-coveted award for Best Performance as the Senate’s Most Shameless Grifter, to Senator Christopher Dodd of Connecticut. Prior to turning over the microphone to Sen. Dodd for his acceptance speech, Sen. Reid, for the umpteenth time in the last two weeks, heaped praises on his esteemed colleague, noting how important his leadership in the Senate has been over the years, and particularly in passing the bailout bill.

Award winner Dodd proudly stepped in front of the microphone, saying the bill’s passage was due to “the tone of the Senate leadership”. Dodd, not to be outdone by Leader Reid, made sure he heaped loads of praise on Reid’s leadership, which included pointing out how Reid had made the so very gracious invitation to Senators McConnell and Gregg to work on the bill. Dodd explained that “this moment wouldn’t have come” without all of this great leadership. “I’d be remiss as well if I didn’t thank other people who were critically important in this….” Our coverage ends abruptly at this point as the on-the-scene pool cameraman from whom we received our footage was suddenly struck by a mysterious wave of nausea and didn’t finishing cleaning off his shoes before Dodd stepped away from the microphone….

Following the ceremony, a reporter questioned the president of The Academy for Corruption in Government, on the likely reason for Sen. Dodd having been chosen for the award over Senator Ted Stevens of Alaska, who was widely believed to have been a shoo-in. Stevens was recently indicted by the U.S. Justice Department and is currently standing trial for not properly reporting thousands of dollars of home improvement work from a contractor.

“The reason Sen. Dodd was chosen over Sen. Stevens, is simple: Sen. Stevens was disqualified. Once he was being held accountable for his actions, he was no longer eligible for the award. In order to meet the criteria of ‘Shameless’, you can’t be held accountable and you have to appear before the press, make speeches on the Senate floor, and play, or at least create the appearance of playing, a central role in creating legislation that is somehow related to the problem caused by the original graft. Besides, while Stevens is definitely a grifter, his actions are small potatoes compared to Dodd’s. Dodd not only received preferential treatment for mortgages from failed Countrywide, but he’s ground zero in the biggest financial collapse in the history of the country. Once we found out he was the number one recipient of campaign contributions from Fannie Mae, he was the front runner,” explained the Academy president.

The Award ceremony following the House of Representatives vote on the same bill is expected to receive little attention as Representative Barney Frank of Massachusetts is expected to win in a landslide. “Of course the envelope is sealed,” grinned the Academy president, “But, the outcome isn’t likely to surprise anyone. Who can think of anyone whose further up to their neck than Barney Frank in the collapse of Fannie Mae and Freddie Mac that led to the financial meltdown? And who has anyone ever known that is more shameless, except former Pres. Clinton, and since he’s not in the running, Frank’s clearly the odds-on favorite.”

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