"The Democrats Take a Dive"
Matt Taibbi with the best commentary yet on the debt ceiling bill. He believes President Obama and the Democratic party have been corrupted by the oligarchy and no longer even pretend to be the champion of the middle class - that is the only reasonable conclusion you can reach, given what was agreed to by Obama and the Congress.
The Democrats aren't failing to stand up to Republicans and failing to enact sensible reforms that benefit the middle class because they genuinely believe there's political hay to be made moving to the right. They're doing it because they do not represent any actual voters. I know I've said this before, but they are not a progressive political party, not even secretly, deep inside. They just play one on television.
For evidence, all you have to do is look at this latest fiasco.
The Republicans in this debt debate fought like wolves or alley thugs, biting and scratching and using blades and rocks and shards of glass and every weapon they could reach.
The Democrats, despite sitting in the White House, the most awesome repository of political power on the planet, didn't fight at all. They made a show of a tussle for a good long time -- as fixed fights go, you don't see many that last into the 11th and 12th rounds, like this one did -- but at the final hour, they let out a whimper and took a dive.
We probably need to start wondering why this keeps happening.
And the tragedy is if you are in the "reasonable middle", there's nowhere to go. The Republicans are driven by crazies, the Democrats pretend to be on the side of the middle class but aren't - they serve the same oligarchs.....so what do we do?
Do we wait for a third party to emerge? Should Democrats start the same process the Tea Party did, which is to start primary challenges from the left? Should sensible Republicans fight back against the TP lunacy at the local level?
Don't know what to tell you....
But if Matt Taibbi depressed you, don't read this next article.
If there is one thing that the office of President Barack Obama demonstrates it is that democracy does not exist in the United States. This may seem a rather outlandish statement. For many people, the fact that the 44th president is the first black man to preside over the White House – with its American colonial-style architecture – is a tribute to the triumph of US democracy.
But many other more telling facts indicate that Obama is but a figurehead of an unelected government in the US. This unelected power of corporate elites – commercial, financial, military – governs with the same core policies regardless of who is sitting in the White House. Whether these policies are on social, economic or foreign matters, the elected president must obey the direction ordained by the unelected elite. That kind of untrammeled power structure conforms more closely in practice to dictatorship, not democracy.
As Michael Hudson and Ellen Brown reveal in their analyses of the US budget debacle, Obama is pathetically doing the bidding of Wall Street – much like an errand boy [1] [2].
Brown writes: “The debt crisis was created, not by a social safety net bought and paid for by the taxpayers, but by a banking system taken over by Wall Street gamblers. The gamblers lost their bets and were bailed out at the expense of the taxpayers; and if anyone should be held to account, it is these gamblers.
“The debt ceiling crisis is a manufactured one, engineered to extort concessions that will lock the middle class in debt peonage for decades to come. Congress is empowered by the Constitution to issue the money it needs to pay its debts.”
Obama’s servile toeing of Wall Street’s line is not the behavior of a free leader boldly defending the interests of the people and the greater good. Rather, his behaviour is that of one doing what he is told to do – and doing it with grateful deference.
In this way, of course, Obama is hardly different from his predecessors. But of difference is just how blatant the White House is now appearing to function as a mere tool of the rich and powerful elite.
The always wonderful Rachael Maddow [back from vacation] gives us the financials on the debt bill and the approximately two million jobs it will eventually cost this already reeling economy......to watch Obama bleat about finding more jobs when he just signed a bill that will put people hundreds of thousands out of work immediately is disgusting....spin, spin, spin......
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