Robert Scheer writes The Tea Party and Goldman Sachs: A Love Story:
Face it. We live in two nations, sharply divided by an enormous economic chasm between the super-rich and everyone else. This should be an obvious fact of life for most Americans. Just read the story in Tuesday?s Wall Street Journal headlined ?Profits Thrive in Weak Recovery.? Or the recent New York Times story pointing out ?that the median pay for top executives at 200 big companies last year was $10.8 million,? a 23 percent gain over the year before.In the midst of a jobless recovery, those same corporations are sitting on more than $2 trillion in reserves, refusing to invest in this country, as increasing percentages of their profits are garnered in tax-sheltered operations abroad. And the bankers who caused the economic meltdown have turned against President Barack Obama, who saved them; instead they favor a tea-party-dominated Republican Party that seeks to limit any restraint on corporate greed while destroying the ability of state and federal governments to bring some measure of relief to ordinary folk.
The whole point of the tea party is to focus concern over our stagnant economy on something called ?big government? while ignoring the big corporations that have bought the government as an accessory to their marketing strategies. Big government is big precisely because it now exists primarily to make the world safe for multinational capitalism, whether through a bloated defense budget, trade pacts like the North American Free Trade Agreement, or monetary policies that serve the interests of the largest companies. ...
What a joke that the tea party assertion that radicals have taken over the Obama government is embraced even by lobbyists for Goldman Sachs, whose former executives have populated the Obama administration as widely as they did the two previous administrations. All they are missing this time around is that they didn?t get to have one of their own named as treasury secretary, as was the case in both the Clinton and Bush cabinets.
At Daily Kos on this date in 2007:
In yesterday's post, The Zeitgeist on the War, DemFromCT suggested the possibility that the journalism elite might eventually catch up with the public's desire to see the US withdraw from Iraq. No doubt a shift in the media zeitgeist will take time, and be a one step forward, two steps back sort of process, but today the New York Times took one step forward, in an article detailing Harry Reid's plans for votes on Iraq, which have undergone a shift, with Reid's determination to press for real change in Iraq policy having solidified.The article notes the reality we here all see too clearly: That on Iraq, at least, Joe Lieberman functions as a Republican, denying the Democrats even a notional majority.
Top Comments can be found here. High Impact Diaries can be found here.
political yard signs forum politic nj politics political polls rasmussen
No comments:
Post a Comment