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SMW for 22 May 2023




AT THE CLOSING BELL ON 22 May 2023


Dow Jones 33,286.58 -140.05 (0.42%)
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Quote for the Day:

Unquestionably Goldwater's ideas do retain some shreds and scraps of genuine conservatism, but the main course of his career puts him closer to the right-wing ideologues who were essential to his success, who shaped his tactics, who responded to his line of argument, and whose extremism he chose to defend at the vital moment of his career. Without invoking these formative affiliations, how are we to explain the character of a "conservative" whose whole political life has been spent urging a sharp break with the past, whose great moment as a party leader was marked by a repudiation of our traditional political ways, whose followers were so notable for their destructive and divisive energies, and whose public reputation was marked not with standpattism or excessive caution but with wayward impulse and recklessness?

Richard Hofstadter. The Paranoid Style in American Politics. Vintage Books. © 1964/2008.