I guess the implication is that in the "stupid or lying" spectrum, "they're lying." And their motivation for lying is basically Straussian -- "we can't handle the truth"
The stupid/evil/12 dimensional chess/we're TRYING thing has bothered me for a long time. The Dem elected officials are clearly not stupid. They're not "caving" or negotiating badly. If dumb fucks with a blogger account can see that things aren't working out well for their putative constituency, they get that too.
There has to be an underlying organizing principle for why they would bail out banksters, and fuck over homeowners, why they would subsidize big Pharma at the expense of their base voters. And I think I've finally gotten some of what's going on.
The president, and the Democrat's Senate leadership, reject movement liberalism. The ideology they follow is grounded in the impact of globalization on world capital and labor markets.
They believe the US has to reduce labor costs to be competitive as capital flows freely around an interconnected world—that it is unrealistic, “neo-populist” to think the middle class can be preserved. But they also recognize that the middle class is not gonna be happy with these necessary, painful policies:...
Note that a central theme here is that it is above partisanship—that the experts, left alone, will best do their work. When you use that frame, then the health care negotiation makes sense. These negotiations took place not with politicians, but with the large service providers, because those stakeholders are the real experts and will keep us out of distracting, distorting partisanship. It makes sense that we turn to the money center banks as the mechanism for minimizing the contraction—they’re the pros who have risen, through merit and diligence, to their positions.
http://www.eschatonblog.com/2011/10/centrists.html