The debt ceiling debacle isn't about debt any more than all the talk about balancing the budget is about the deficit. There is absolutely no ned to be in a crisis. The protracted stalemate has only reached crisis proportions because the president has allowed Congress to be diverted from raising the debt ceiling to a distinctly separate discussion of dealing with the budget deficit.
That the White House has allowed, indeed enabled, the conversation to shift, and to shift seismically, merely leads one to deduce that what's going on is nothing short of a coup d'etat on the part of corporations, in America, to ensure that their government subsidies, and institutionalized tax evasion continue.
What's going on in Washington, D.C. in what looks like a tug of war between Congress and the White House is a coup d'etat by the grassroots Tea Party on behalf of those white collar criminals who have quietly been running the show practically since its inception, and who now they want to go public. And, ironically, on the backs of mostly blue collar enablers. Ironically, the almost exclusively white, blue collar Tea Party joins forces with those who, since the New Deal launched, have been at war with the working class, a war that has only escalated since 9/11.
Yes, white collar criminals who run corporations like AIG, XE, and all the major banks, have been essentially legislating from the boardroom for years. They were behind the "Bush tax cuts" in the first place, as well as the "war on terror" which has essentially been a war on the working class.
What some might call entitlement programs for white collar criminals began when the Supreme Court stepped in, back in 2000, and fixed an election. George W. Bush, in turn, sent two more justices to the high court to virtually guarantee passage of Citizens United further empowers white collar criminals by granting them corporate personhood except, of course, when it comes to being held liable for their bold faced fraud and predatory practices.
Over the past decade, too, as is widely known, a fraction of the US population has amassed even more wealth while wages for working men and women have remained stagnant.
What is baffling, in light of this, is how it is that working class folks, the ones who drive those bigs sports utility vehicles, the ones who have been hurt the most by the price gouging oil companies, many of whom are no longer able to feed their families without food stamps, how is it that these folks would go to the polls, and elect more than a hundred neo-conservative Republicans whose primary goal is to divest them of not just their medical insurance, but every advantage working people have had since the days of Franklin Delano Roosevelt?
This miniscule party within a party has managed to hold even the Speaker of the House, a fellow Republican, hostage to their demands.
Arguably, are these not the same folks who masterminded stealing the 2000 election, or their next of kin. How is they can pull it off again, or can they? And, what is this if not a coup?
Are the best interests of grassroots Tea Partiers served by a "balanced budget amendment" which largely amounts to finalizing tax cuts for the rich while gutting Social Security, and Medicare? Whose interests are served when twice as much is allocated for Defense as Education in the 2011 budget? Who benefits? Surely not the children of working class parents.
When the president went before the American people last night, he told the truth about one thing. He is not, repeat not, planning to raise taxes on 98% of us, but only let the Bush tax cuts for the upper 2% lapse. What kind of Kool-Aid does the Tea Party spike their punch to persuade their predominantly working class base that letting News Corp. screw the government out of billions in taxes benefits them?
As Mr. Obama was also quick to point out, most people want to see the rich pay their share, so where did this "tea party" contigent come from, and when can we ship them back?
Dick Armey sure has been quiet lately. He's no longer in office, but it was his and Newt Gingrich's "Contract With America" that gave rise to the radical fringe November revolutionaries of 1994, and it has been largely thanks to Armey and Gingrich that a fledgling neo-conservative agenda resurfaced like a phoenix from the ashes.
Indeed, the neo-cons of the 90's must be proud to watch the nouveau radical right wing of the Republican Party manipulate leadership such that what is little more than a routine matter of allowing the government to make good on its unpaid bills has morphed into a contest of ego and political will. Make no mistake, this is a doomsday scenario. If the impetus was to defeat the chances of a second Obama administration, what has happened instead is the defeat of any substantive economic mobility for the foreseaable future.
And, by allowing a simple congressional vote on raising the debt ceiling to become a referendum on empowering so-called "job creators," the president has himself enabled changing the conversation which can only lead to a gradual erosion of a federal safety net.
Even more troubling is the thought that the thought that an executive branch that has the power, and the constitutional right, to declare "game over" by simply signing off on a short-term raise in debt limit is instead onboard with the demands of demands of those who represent the interest of big business and nothing else.
Causes Jayne Stahl Supports
Free Speech, human rights, and abolition of the death penalty.