John Colson: Hit and Run
October 1, 2010
Hilary Clinton had it right more than a decade ago, but she was a little early with her cautionary outbursts about a “vast right-wing conspiracy” aiming to take down the government of the Democrats no matter what the cost to the nation or the world.
Of course, she was talking about the rabid attacks from the right on her philandering husband, then-President Bill Clinton, whose hapless need to keep his little head satiated while his big head ran the world was more than he could handle.
Now the true nature of the conspiracy has been laid bare as the ugly and sick thing that it is.
The Great Recession was an example of unrestrained greed for money and power and prestige, coming together in a frightening tidal wave that came perilously close to washing away the financial superstructure of our times.
But we ain’t out of the woods yet, as can be attested by the vast numbers of unemployed, the newly minted poor, and others upon whom the effects of this recession have fallen hardest. But the banks balk at lending money needed to get things going again, and Wall Street is busily working away at the same kind of get-rich-quick, fiscal razzle-dazzle that led to the financial collapse of 2008.
Obama’s effort to kick-start lending, with a $30 million booster fund, likely will be torpedoed by the banks somehow, as a way of keeping voters angry.
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That’s because the banks know that if the Democrats hold onto power in the upcoming elections, they will continue to push for the kind of scrutiny and regulation that banks deserve but do not want.
As for Obama’s and Sen. Harry Reid’s intention pass a law that will remove the tax incentives for “off-shoring” this nation’s jobs, and one that would give tax breaks to corporations that bring jobs back that were earlier sent overseas, you can bet the Republicans will block all that. And their reasons have nothing to do with the economic health of the U.S. and everything to do with their own sleazy political agenda.
So, the true colors of the Republicrats (as in, Republicans and Plutocrats, rather than Republicans and Democrats, which is a different hybridized beast altogether) are now showing through. Where they once tried to paint themselves in the colors of economic patriotism, they now are openly declaring that corporate profits, wherever and however they are made, are more important than jobs for actual American workers.
I see a trend here, and I sure as hell hope others do, too.
While the party of the Democrats wiffle-waffles around and occasionally shows some populist, even progressive spunk, the GOP slides ever downward into the abyss of total corporate hegemony over everything and everyone. It’s as if George Orwell’s dystopian masterpiece, “1984,” has become the hidden playbook of the Republican party, with the willing if ignorant assistance of such splinter movements as the Tea Party, who think they’re just like the patriots of 1776 but couldn’t be further off the mark.
I find myself wondering, was the fiscal debacle of 2008 really an accident? Or was it a concerted effort by the backers of the Bush regime to dig a hole so deep that no succeeding Democrat could possibly climb out of it?
They probably knew they were going to lose the presidency, just as they lost Congress in 2006, as the public got tired of the steady plundering of the national treasury and legacy by the crooks and cronies on Wall Street and its entrenched, wealthy masters.
So, knowing they were going to lose, the plutocrats who really control this country might well have decided to let the economy blow up and see how the Democrats deal with it.
Which, as we have seen, was not all that cleverly or helpfully, especially with the Republicans ready and willing to scuttle any effort to get things back on track and at least stop the shrinkage of the middle class, which is rapidly being slapped down into poverty.
The truly troubling thing is that the nation’s electorate, clubbed into subservience by the lies and caterwauling of the right-wing chattering class, appear to be ready to give the reins of government back to those who have driven us nearly to ruin.
Things do not look good for the near term, and all I can hope for at this point is that I’m absolutely wrong in my fears and my foretelling. But I don’t think I am.