Friday, June 7, 2013

Government by the Plutocracy for the Plutocracy and of the Plutocracy

Socialism never took root in America because the poor see themselves not as an exploited proletariat, but as temporarily embarrassed millionaires – John Steinbeck. 
 "The federal government was never intended to be everything for everyone." - Chicken Hammer commented on my blog and oft repeated by conservatives everywhere.

This is correct, the Federal Government was created to Protect and Serve the Rich and Powerful.

Government was envisioned as a Tool of the Plutocracy in quelling Domestic problems and expanding Foreign Markets for exploitation.

All of Sudden Republicans in Congress are concerned about NSA cyber-snooping? Where was Jim Sensenbrenner's concern when he crafted the Patriot Act in 2001? Where was John Boehner's concern about wiretaps when he voted time after time to reapprove them? This level of out-right surveillance of the American People goes back further than the NSA whistleblower stating in 2006 the NSA has a Massive database of Americans' phone calls or in 2004 when President Bush declared, "a wiretap requires a court order. Nothing has changed, by the way."

But, let's leave aside the Surveillance State for today. The Government is not the Problem; they are but the Hitmen and Trigger Pullers for the True Evil in our Society the Class of Moochers known as the Rich.

The last 30 years has been the Reactionary Attempt by the Mooching Rich to reclaim the Power of Government for their sole use. Everyday brings further evidence that Austerity is but another name for Trickle Down Economics and is little more than the abject destruction of the Middle Class in order to create a Wage Slavery State in America.

Outright lying by Harvard economists Carmen Reinhart and Kenneth Rogoff was for at the behest of the Rich to further destroying a Government which aids the Poor and Middle Class.

But, even amongst the Founding Fathers they knew that the Massive Income Inequality and the Ownership of the Federal Government by Corporations and the Rich would lead to Civil Strife.

The Richest 1% of this Nation doesn't make Anything or Do Anything, all they do is occupy the Rentiers position extracting a little financial gain from the toil of the 99% and the Billions of Economic Transactions that occur daily.

Yet, despite their complete and total destruction of the US Economy in 2007 Wall Street Banksters have regained their footing and are exerting their domination of the Economy again.

Between 2005 to 2007, Banksters issued $1.5 Trillion in Collateralized Debt Obligations. Synthetic CDOs, instead of the bonds themselves, are insurance-like derivative contracts on the bonds. "CDOs give investors a chance to bet on the creditworthiness of a basket of companies." (from Katy Burne of the Wall Street Journal) Those monies aren't anything other than gambling. Synthetic CDOs are back as Wall Street fights to defeat all controls on their recklessness.

Banksters, Hedge Fund Managers and Vulture Capitalists aren't creating anything. They aren't investing in anything. They are placing Bets on-top-of Wagers on-top-of Gambles... They are the computer virus and bad code from the movies Office Space and Superman III, siphoning off money they have no right to.


Constitutional Insurgent said...

I'm on board with everything you wrote except for this:

"The Government is not the Problem."

I would say that the existence of government itself is not the problem [though the current scope and size of it is]....but would counter that as long as the government remains the political thunderdome of the two major default, it is certainly a major PART of the problem.

Grung_e_Gene said...


I agree. I should have been more specific and written:

The Government is not the Main Problem.

I'm not awaiting the Platonic Philosopher King to appear and govern us with perfection.

It holds that as long as each Party continues to use this, 'You can't vote for a 3rd party option because that means our hated enemy (the other side) is going to win' we are going to get these politicians who will say just want we want to hear will doing the bidding of their owners.

Because what the Koch Brothers or Stephen A. Schwarzman want is not smaller government but a Big Government which responds only to their needs.

Jerry Critter said...

It should,be clear to everyone that neither party wants a smaller government no matter what they say. The current question then becomes how do we get them to do our bidding.

Grung_e_Gene said...

That is a salient point Jerry Critter. And that leads me back to the game each party plays with making it a manichean choice that not voting for Us means They win.

And so we swallow the shitty things the Party Hacks do against Us because they do some things we do like.