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  Observation/Organization/Opinion

Commentary by John Braxton Masters

             VOLUME XVII                                                                        Edition #  6

  What follows is the beginning of a new (as of late September 1996) Web site.    In it  you will find various editorials and reviews that reflect my viewpoint on relevant aspects of our lives.   I invite you to respond and may well include parts of your reactions in subsequent submissions.     I do not belong to any company or affiliation that might influence this perspective.     If editorials and/or reviews seem dated, note when they were written.    All editorials and reviews are written by JBM for this page unless otherwise noted.   All reviews are book reviews unless otherwise titled.    Previous editorials and reviews may be obtained upon request.   My E-mail address is listed at the end of the following entries.

EDITORIAL

ON WE GO

   So Mitt Romney has finally prevailed over the other repugnant Republican challengers for the party's presidential nomination. This was largely due to copious amounts of negative advertising, aimed particularly against Rick Santorum. Now it will be time to "pivot", or moderate his hard right positions, while the radical reactionaries suspiciously scrutinize. If he does or doesn't reach Independents, one thing will be clear: he and fellow Republicans will count on befuddling our ignorant and foolish electorate like never before.
     Let's take some issues. Polls show that by overwhelming majorities Americans want the "Buffett rule" (a 30% tax on million dollar incomes) enacted, they want oil subsidies repealed, a Public Option, diminished defense spending, passage of a jobs bill and affordable education. Republicans, having shorn all moderates, all stand against all of these measures. Romney and fellow Republicans not only want to do away with women's reproductive choices but want to do away with access to their affordable health care too. Remember that Romney has stated that he supports the life at conception legislation which would outlaw the common forms of birth control--but he is not against contraception.
     Then there is the credibility factor (at this point Romney has virtually none) and the character and likability traits as well as the "values" consideration. In all these areas, Romney trails. Yet, according to a mid April CBS poll, Romney and Barack Obama are about tied in the presidential race. Blaming President Obama for the sagging economy, while subverting everything he has tried to do to spur recovery, seems to be working for the Tea Party confederates.
     And it isn't like Obama has gone all left wing on us. His insurance mandate, cap and trade, Patriot Act etc. support (eliminating rights and freedoms), lack of transparency, increased oil drilling and silence on gun proliferation abetted by the "stand your ground" laws all are, or originally were, Republican positions. As he reminds voters of this he is actually declaring that he is a Republican in disguise.
     So the Plutocratic party has to sell voters on the idea that cutting taxes for the rich and essential programs for the dependent is the way to general prosperity while reducing the national debt. Romney supports the Rep. Ryan plan which would accomplish all but the last part. It is estimated that about half of our population already is in or near poverty status. The right wing wants to eliminate the "near". It is apparently counting on the majority to support engorging the rich as the fools think they will be rich some day in the land of minimal upward mobility. Everyone will win the jackpot lottery soon. Right.
     Another ploy is the feigned "victimization" as demonstrated in the Hilary Rosen comment about working moms. Everyone knows that she meant "outside the home" but Republicans tried to make it seem that Obama was criticizing stay at home mothers. In citing the "dignity of [outside] work" for welfare mothers Romney never mentioned his wife's lack of such dignity. Yet Obama ran for cover rather than setting the record straight.
     Aside from such distortions, expect to hear more outright lies (e.g. the rich create jobs so cut their taxes) from the right.* Republican lies are so commonplace now that we have come to accept them as our new norm. And aside from the distortions there is the bellicose fear mongering which scarcely hides the racism. Right wing atrocious behavior has sunk to new lows.
     However, there is one contrast between the candidates that overrides other considerations. If given the chance, Romney will nominate a hard right, corporatist judge for the Supreme Court while Obama will offer a moderate, when what we need is a true, adamant liberal/progressive. The Romney Justice would hasten America's demise considerably just as the Bush appointees have.
     Any sensible voter would eliminate every Republican candidate possible at the voting booth. The fact that races are even close is a damning indictment of the capability of our electorate to manage a healthy republic. It is substantial evidence that this country is in irreversible decline.
    * [Keep in mind that absent deindustrialization and choking off globalization, no president is going to return us to the relatively low, pre-recession unemployment rate. The recession was a tipping point. Absent demand, businesses lowered costs by investing in technological replacements for workers. Developing countries have or will acquire sufficient infrastructure to offer cheaper and/or better workers to the world markets. We have job openings here but an inadequate training infrastructure to provide competent employees for the technical work--and we are making advanced education increasingly unaffordable.
     Economic growth does not equate with general prosperity, i.e. a stronger, working middle class and less poverty. We have seen how "growth" has only benefitted the financial houses, bigcorps and their owners and executives. And the structural impediments to significant U.S. job growth are imbedded in the current housing, credit card and educational debt hole which weakens the consumer spending that propped up the economy before the recession. Even then, higher taxes used to invest in rebuilding and enhancing our infrastructure would have facilitated new business (if the economy recovered) but we didn't do that largely thanks to Republican resistance. Add in the now chronic European debt insecurity and the sclerotic political scene in Washington and the return to 5% unemployment looks highly dubious. Any promises to the contrary, absent some kind of sound, accompanying stimulus plan, should be considered outright lies.]
April 25, 2012
JBM

Pity the Billionaire
Thomas Frank
2012

    In this short work, Thomas Frank tackles the confounding question of why the Wall Street led economic collapse wasn't blamed on Wall Street and the top 1%. How did Conservatives get away with convincing so many victims that the problem was too much government regulation and interference in the free market when it was precisely the deregulated financial free market that, as former Fed chairman, Alan Greenspan had to admit, was responsible for the impending collapse; necessitating the GW Bush initiated bailout. Why did the Obama administration, and Democrats in general, give the banksters not only a pass but continued rewards? How did Republicans twist the cause and effect chain to suit their warped ideology?
   As Frank notes, this response to the recession was directly counter to FDR's answer to the economic decline of the 1930's where Roosevelt's RFC chairman, little known Jesse Jones, sank money into small town banks, agriculture, public works, education, insurance and small scale enterprises. Top managers of big banks were fired and compensation caps were installed. Dems installed the SEC and big banks were broken up. Now, instead, homeowners are forced out of their homes despite questionable bank ownership and higher education gets costlier while public school funds diminish. No public works projects of magnitude in this climate. No prosecutions of the fraud merchants and obliteration of the right wing, free market ideology that well tolerated the looting. Why not?
    Much of this suasion was and is due to likes of Glen Beck, Rush Limbaugh, Fox News and the distortions emanating from the Conservative propaganda machine in conjunction with the hopeless ignorance and stupidity of ideological believers. But much of the culpability belongs to the Democrats who, with their retreat and silence, gave tacit support to the gigantic deception. Frank spends pages analyzing Ann Rand's Atlas Shrugged which turns blame on the masses for the decline cause by the bosses who threaten to strike if their conditions aren't met. Trader Rick Santelli blamed TARP's homeowner help on a trading floor rant, completely excusing his colleges. Congressman Paul Ryan muddied the waters by blaming crony capitalism (the tie between Wall Street and Washington) for our problems but advocating that regulators get out of the way of the free market freebooters!
   On page 181, Obama confesses to having been drawn to the wealthy donors and thanks to the infamous Citizens United... case and everything points to more divergence from the needs of Main Street. On the last pages, Frank describes America's future in the face of the winger bull dozer and you better have property in Canada. Just wishing for prosperity, as in the 1937 best seller Think and Grow Rich, won't make it so. This short, easy to read book gives the reader some insights to why we remain derailed. It joins many others concerned citizens should be paying attention to.
    [For a summary article of this book see In These Times magazine, 2/2012, p.24 and for more see Frank's article "It's A Rich Man's World", (How billionaire backers pick America's candidates) in Harpers magazine 4/2012, p.22.  For a critical review of the book see the April 2012 issue of reason magazine, page 58.]
25/4/2012
JBM


                                                               reaction and response: e-mail  JB Masters at:   jzkingjz@coosnet.com

THIS SITE ALSO CONTAINS:

2012 EDITORIALS

2012 REVIEWS

2011 EDITORIALS

2011 REVIEWS

AMERICA'S FUTURE

Reviewed books and magazine aertcles may be checked out at your local library or through inter-library loan programs or may be purchased at book stores, used book stores, on the Internet or from publishers if still in print.
Recommended reading:
The Future of Capitalism   by Lester Thurow
Peoples History of the United States   by Howard Zinn
Rich Media, Poor Democracy  by Robert McChesney
Bowling Alone by Robert D. Putnam
Primal Scream and other works by Author Janov PhD.
Who Will Tell the People and Secrets of the Temple by William Greider
America: What Went Wrong and
America: Who Really Pays the Taxes
by Bartlett and Steele
The Overworked American
by Juliet Schor
The End of Work by Jeremy Rifkin
Ingenuity by Thomas Homer-Dixon
The World Is Flat  by Thomas Freidman

The Big Con by  Jonathan Chait
Deer Hunting With Jesus by Joe Bageant

The Price of Civilization by Jeffrey D. Sachs
Liberty and Justice for Some by Glenn Greenwald
6 Degrees by Mark Lynas

       
ACKNOWLEDGMENT:   This Web page would not have been possible without the generous technical help from Bruce Moon.  He unexpectedly died on 5/Jan/1997.  This page has continued with the help of others.

     YOU ARE INVITED TO CHECK BACK FROM TIME TO TIME FOR NEW LEAD ENTRIES AND NEW REVIEWS.   YOUR COMMENTS WILL BE APPRECIATED.