Jerry Mazza
Infowars.com
November 8, 2010

Judging from the mid-term elections, it is the lack of jobs for the unemployed, and the creation of any more taxes for anyone that are bothering Americans.

Yet curiously, one of the first things Republican leaders asked of President Obama was to lower government spending, which he should do, but then to continue the Bush-era tax cuts for the rich, equating to more than $700 billion, before they expire at the end of the 2010, which he shouldn’t do. Now, why would these newly crowned protectors of the people and their Tea Party friends want that—unless they favor the rich?

That $700 billion in expired tax cuts could go as cuts to small businesses to inspire job creation and hiring. And the rich certainly will be able to live with their stored surpluses of money and everything else. Moreover, the nearly $14 trillion national budget deficit would be aided and abetted by the Fed not printing more money to lower the value of current dollars, as its recent infusion of $600 billion by Bernanke has done.

As to a Republican repeal of the new health care law, I’m for it. It was a compromised bill to start with, not far enough to the left to be single payer, an expansion of Medicare. Nor was there a public option, to have one government non-profit payer-plan in competition with for-profit private plans. But the Tea Party followers, ever angry, could not think their way through saving the $450 billion gift to the insurance companies and Wall Street built into the Obama-care compromise. Either it was that or no plan. Now they’re asking to repeal it. I wish them, as well as anyone who will be uncovered, the best of luck.

Returning to jobs, the outsourcing of American jobs goes back to the late 80’s at least, and to the 90’s largely when Clinton introduced US CEO’s to eager Indian and other far east business interests on several, massive, US-paid for junkets. His NAFTA Bill opened the doors to Mexico and other south of the border countries to compete with US companies with Mexican slave wages. General Motors shut down its Michigan plants to reopen them in Mexico. Thanks Bill. Not to be undone, George Bush followed that with CAFTA, the Central American Free Trade Act. Net net, between the two Presidents, you can trace back the loss of millions of jobs to low-wage countries, the beginning of the end for American manufacturing, turning the US into a service economy. That also raised balance of trade deficits. We became an importing not an exporting nation.

As to Obama’s Financial Regulation bill, most of the economists I read say we are not any safer now from the predatory habits of the financial sector than we were before the crash. And this was a major source of anger for the voters because they were stung by the bailouts, i.e. the socialized assistance for the privatized debt of the financial industries’ excesses. Yet the ongoing trashing of protective legislation like the Glass-Steagall Act and the Commodities Futures Trading Act from Roosevelt on, both finally trashed in late 1999, went without notice. So did the interstate banking laws which helped to create the “too big to fail” banks that once nationalized, became investment/savings banks.

• A d v e r t i s e m e n t
• {openx:49}

Originally, banks in the US were allowed to operate only in their state to finance their communities’ mortgages and businesses, and to invest in only the safest securities. Unfortunately, international banks were allowed to operate nationally in America. And the US banks cried out “why can’t we be like them?” And so they were allowed to operate nationally and hence you developed the Big Six banks, too big to fail, to regulate and now issuing derivatives, credit default swaps, and the whole Pandora’s Box of weapons of financial destruction.

While this was going on, George Bush began, without a real investigation, the War on Terror on the flimsy evidence 19 Muslims, 15 of them Saudis, purportedly hijacking four airliners, two of which brought down Towers One and Two of the WTC, though the third Tower that fell, Tower Seven, wasn’t even hit by an airliner.

A short while after, Bush declared the War on Terror and illegally rushed to attack Afghanistan. FBI Chief Robert Mueller said we could not be sure those 19 individuals were really the perps. At least seven of them were living in Middle Eastern countries at the time. Their names were not originally on the manifests. Lately an article posted on Foreign Policy revised that last bit of history.

Notice, the Tea Party doesn’t mention the $2-3 trillion dollars, manpower, and goods dumped into the wars in Afghanistan, Iraq and now Pakistan, as key components of the excessive spending of the US Government. It’s as if the thousands of American troops haven’t been killed and maimed as Obama extended the Afghanistan war, ramping it up with billions more. Nor do they mention the millions of Iraqis killed, the climbing number of deaths in Afghanistan and Pakistan, both military and mostly civilians. This is where the money and blood are flowing, and to Wall Street, the world’s banker, like Halliburton, profiting on it all.

Bottom line, all this mid-term election has accomplished is to change faces, nearly 70 in the House of Representatives from blue back to red, and six from blue to red in the Senate. Fundamentally, though, they will be banging heads as usual. Both the insanity of clashing ideology and ignorance of truth will continue until apocalypse wins, i.e. a deepening recession into depression, or something like the hyper-inflation of 1920’s Germany that brought us its own Boehner (with his crocodile tears of patriotism and Storm Troopers), looking for new goats, illegal or legal aliens, progressives, gays, and intellectuals to pick on and head-bust or more if necessary. In fact, anti-intellectual, alien-bashing, even media bashing (as watered down as it is), is key to the Tea Party attempt at a takeover. It will be up to the larger share of sane Americans, including bona fide Republicans to kick them out of politics once and for all.

They are an ill-wind (or windbags) blowing no good into the American air, from their disbelief in global warming to their relentless championing of the white, upper middle-class-to-billionaire-rich-contributors (like the Koch Brothers) funneling money into their movement. That and thanks again to the Supreme Court’s bogus turning corporations into personages to pour endless millions into key campaigns all over the country. We have learned to steal elections in a whole new way with a complicit Tea Party, hapless Republicans and blue dog Democrats, and the most pernicious, President Obama. Thus, when I conclude this country is going to the dogs, you know exactly what and whom I’m talking about, largely the whole lot.

Fresh food that lasts from eFoods Direct (Ad)

Jerry Mazza is a freelance writer, life-long resident of New York City. An EBook version of his book of poems “State Of Shock” is now available at Amazon.com and Barnesandnoble.com. He has also written hundreds of articles on politics and government as Associate Editor of onlinejournal.com.