With his K Street bosses heading for their collective put option exits this past week, Speaker of the House John Boehner (R-IN) found it in him to put down the whiskey bottle just long enough to summon his House legions back to Washington at 6:30 PM tomorrow night – just 30 hours before we are told we will careen over the dreaded fiscal cliff. Clutch move Boehner. Just don’t start crying.
Lame Democratic tendencies aside, any poor sap still duped by or enamored with the increasingly irrelevant political dinosaur known as the Republican Party couldn’t have helped notice the Grand Old Party’s solid allegiance to the International Banking Cartel. Yet they probably did miss this rerun. Stockholm Syndrome anyone?
Hail to the thieves. Lick more billionaire boots Whigs. Yes sir!
Whilst the not so bright smirkers had it figured that a government shutdown would only effect pesky welfare mothers, librarians and other easy bully targets, fact is the Wall Street financial parasite class which feeds incessantly and historically at the government trough will feel the brunt of sequestration and other contract-killing festivities just ahead. Not so good at math either, these condescending ignoramuses.
Pundits reckon this conjured cliff could well send us back into recessionary mode. Soon – God forbid – we’ll be hearing those dreaded “D” words – deflation and depression - being bandied about again on the financial pages. The vampire squids will demand ransom and the poodles – being the small dogs with big mouths that they are – will surely ride to the rescue, accompanied by many a perpetually-frightened Democrat.
We may well look back on this Milton Friedman-inspired hard-right dogma nonsense as that “Hoover moment” which tipped us back into the economic abyss.
It was in 1933 that the apple-promising Republican President Herbert Hoover - a devoted disciple of the Money Power - crimped government spending just as the US was inching out of the Great Depression. His actions plunged the country back into depressionary misery, compelling hungry Ozarkers to disparagingly rename their humble but reliable turnip the “Hoover’s apple”.
It becomes increasingly difficult to prop up an economy characterized by over-concentration of wealth in the hands of the few. In such an economy there is no competition, with gigantic Trusts lording over every industry, squeezing the middle class with the low wages paid in their factories and fields and higher prices on their oligopoly-controlled store shelves.
The only thing that will keep us from The Greater Depression now just over the horizon is the adoption of a new “trickle-up economics”, focused on back-filling the decay which privatization and laissez faire capitalism have wrought upon our manufacturing sector and infrastructure. We have been engaged in a punitive race to the bottom. Haiti awaits just over the medieval horizon. Public education has been starved out, unions continually weakened and state budgets are in freefall.
The middle class is on the ropes. Put simply, disrespected underpaid workers (we could get uppity and call them ”boss creators” or maybe even “millionaire creators”) don’t shop much. Even good blue-blooded capitalists like Henry Ford knew this.
Obama and the Democrats need to stand their ground for a change and insist on raising taxes on the blood-sucker welfare idle rich class. No more free rides for Illuminati hydra.
Mr. President, let Wall Street hang from its own Ayn Rand-conjured rope, disregard the yapping psycho-poodles and begin to dismantle the Rockefeller/Rothschild Cartel oligopolies that lord over our nation’s economy like 1890’s Robber Barons of same name.
If Democrats can’t find the cojones to do that, they should prepare for a new political party which will challenge them from the left. The dinosaurs will stay extinct, as dinosaurs tend to do.
Just the same, I’m hedging my bets. Think I’ll fashion a nice toboggan for the ride over the now snow-covered fiscal cliff. And, of course, I’ll plant some turnips.
Dean Henderson is the author of four books: Big Oil & Their Bankers in the Persian Gulf: Four Horsemen, Eight Families & Their Global Intelligence, Narcotics & Terror Network, The Grateful Unrich: Revolution in 50 Countries, Das Kartell der Federal Reserve & Stickin’ it to the Matrix. You can subscribe free to his weekly Left Hook column @ www.deanhenderson.wordpress.com