Wednesday, December 5, 2012

Conservatives: "Continue Class Warfare"



From Paul Krugman at the New York Times, "The Class Wars of 2012."

"On Election Day, The Boston Globe reported, Logan International Airport in Boston was running short of parking spaces. Not for cars — for private jets. Big donors were flooding into the city to attend Mitt Romney’s victory party.



"They were, it turned out, misinformed about political reality. But the disappointed plutocrats weren’t wrong about who was on their side. This was very much an election pitting the interests of the very rich against those of the middle class and the poor.

"And the Obama campaign won largely by disregarding the warnings of squeamish “centrists” and embracing that reality, stressing the class-war aspect of the confrontation. This ensured not only that President Obama won by huge margins among lower-income voters, but that those voters turned out in large numbers, sealing his victory.

"The important thing to understand now is that while the election is over, the class war isn’t. The same people who bet big on Mr. Romney, and lost, are now trying to win by stealth — in the name of fiscal responsibility — the ground they failed to gain in an open election.

"The point is that the class war is still on, this time with an added dose of deception. And this, in turn, means that you need to look very closely at any proposals coming from the usual suspects, even — or rather especially — if the proposal is being represented as a bipartisan, common-sense solution. In particular, whenever some deficit-scold group talks about 'shared sacrifice,' you need to ask, sacrifice relative to what?

"As regular readers may know, I’m not a fan of the Bowles-Simpson report on deficit reduction that laid out a poorly designed plan that for some reason has achieved near-sacred status among the Beltway elite. Still, at least you can say this for Bowles-Simpson: When it talked about shared sacrifice, it started from a “baseline” that already assumed the end of the high-end Bush tax cuts. At this point, however, just about all the deficit scolds seem to want us to count the expiration of those cuts — which were sold on false pretenses, and were never affordable — as some kind of big giveback by the rich. It isn’t.

"So keep your eyes open as the fiscal game of chicken continues. It’s an uncomfortable but real truth that we are not all in this together; America’s top-down class warriors lost big in the election, but now they’re trying to use the pretense of concern about the deficit to snatch victory from the jaws of defeat. Let’s not let them pull it off."



And from Senator Bernie Sanders, "Wall Street CEOs are the 'Faces of Class Warfare.'"

"'I find it literally beyond comprehension, that we have folks from Wall Street who received huge bailouts from the people of our country—from working families in this country—because of the greed and recklessness and illegal behavior, which Wall Street did to drive us into this recession, and now these very same people are coming here to Congress to lecture us and the American people about how we have to cut Social Security, Medicare, and Medicaid while they enjoy huge salaries and retirement benefits.'

"Sanders specifically called out CEO of Goldman Sachs, Lloyd Blankfein, who has recently been making both the media rounds and consulting with lawmakers regarding the ongoing tax and budget debate in Washington during the current lame duck session. Blankfein, one of the highest paid executives on Wall Street and worth hundred of millions personally, made the comments about 'lowered expectations' in a recent evening news interview with CBS and said that average Americans should understand that the US simply can't 'afford' to maintain programs like Social Security and Medicare.



"The facts of such sentiments, as many economists repeatedly point out, are false, but Sanders said that Blankfein delivered the familiar rightwing trope 'with all the sympathy for someone struggling to get by on $14,000-a-year retirement that you’d expect from a Wall Street banker paid $16 million last year.'



"The CEOs involved in the group, including Blankfein, are trying to 'pass themselves off as noble leaders who are willing to compromise in order the save America from financial ruin,' explain co-authors of the report Scott Klinger and Sarah Anderson. But the reality is that these CEOs are leveraging the 'Fiscal Cliff'' in order to push age old attempts to avoid paying taxes at the expense of those in need, they say.

"And, as Ezra Klein points out in a recent Bloombergop-ed, the US has an 'austerity crisis' not a 'debt crisis'. Klein argues that employing the much-used term 'fiscal cliff' mistates the nature of the financial and policy realities. Worse, he says, the term 'provides no hint of how to solve it.'

"He says, 'I prefer the term "austerity crisis," which at least describes the real issue -- too much austerity, imposed too quickly
.'

"(Sanders concludes), 'Think about the arrogance of these guys on Wall Street who were bailed out by the middle class of this country when their greed and recklessness nearly destroyed the financial system and now they come to Capitol Hill to lecture Congress and the American people about the need to cut programs for working families.'"



The Election of 2012 did nothing to bring an end to the Class Warfare promulgated by the Conservative cabal, nothing to even bring a cease-fire.  The War Against Democracy will continue until the last Conservative is put out of action and progressive legislation is passed to ensure that the faux political "philosophy" of Conservatism never again rears its ugly head.

They started the war and it's up to the 98% to end it.


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“God is a comedian, playing to an audience too afraid to laugh.”

Voltaire (French Philosopher and Writer. One of the greatest of all French authors,

1694-1778)


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