Thursday, September 18, 2008

The Republican "God" is Dead: the Divinity of the Free Market is Stripped Naked

The Republican "God" is Dead”
The Divinity of the Free Market is Stripped Naked.
Black September 2008.

Paschal Baute, proudly a progressive pragmatist.

Now in this September of 2008 we can see the stupidity of six years of Republican hegemony when they alone controlled both the White House and both Houses of Congress. There was no balance of power our founders intended in a tripart government. A Republican Congre3s rubber-0stamped everything Bush proposed. He did not veto a single earmark of federal funding for projects like the Bridge to Nowhere that Governor Palin keeps on boasting that she refused.

The stupidity, blindness, greed, avarice of unregulated institutions run by multi -millionaires is revealed. An Rand’s rampant individualism is shown for its blindness to actual human behavior. The architects of this collapse are Republican conservative ideologues who believed the free unregulated market would itself solve all its problems.

"Deregulate, Deregulate, deregulate" has been the mantra from Washington and John McCain has been a leader (he recently bragged on just this point) for 26 years. Yes, my as my Republican brother will point out for sure, some of the deregulation started with Clinton. But the known cheerleader, the main instigator has been Phil Gramm, McCain’s main economy advisor.

The conservative and libertarian keen jerk reaction to any and all regulation can now be seen for its total blindness to the reality of human nature, to greed, to the effect of Ayn Rand's Individualism so worshiped among many in the business and financial sectors.

So, with the federal bailouts of huge corporations with our tax monies, we are now all Communist, believing in the transfer of wealth from the poor and middle class to the fat cats, brokers, bankers, traders, insurers on Wall Street and in New York who have been making huge bucks in the absence of guidelines, regulations, and potential penalties now seen, finally seen we hope, as necessary.

The poor we will always have with us. They can take care of themselves, lift themselves by their own bootstraps. Now the fat cats are the ones who get government welfare in order to save the entire financial system from going down the drain in a total collapse of confidence. What stupidity from Washington, from the White House, from Congress, from all the Neocons, the Limbaughs, talk radio, and the O’Reilllys and the Hannitys from Fix News. Bull Crap galore: where is the pony in Reagan’s crap pile?

Obama has at least some plans worth considering, supported and advised by a number of pragmatic realists. Obama is a pragmatist. He will do what will work. McCain has no plan. Just trust him to clean up the mess he helped create over many years. Which is our best chance? We have less than 50 days to listen and to decide.

My conservative Republican and Libertarian friends: "take off your sunglasses. Open your eyes to another view." For balance, tune in to Countdown with Keith Olberman and the Rachel Maddow show, , MSNBC, 8 and 9 p.m. weekly. CNN is more likely to balance news than Fix News. The discussion last night on CNN AC360 between Robert Reich and the conservative guest (name lost) was revealing. The conservative financial guru agreed in every respect with Reich, who is part of the Obama advisoly team

Will he U.S. financial system collapse? This week or this month or this fall? Guess what? No one really knows. Supposedly, yes, the fundamentals are strong and good. Right now that may not be worth a good pee. We need a total change in Washington, asap. ACTION.

A commission? What crap!

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