Monday, June 14, 2010
Free Enterprise Isn't Free
There's a particle of risk involved in every venture.
~Allardyce T. Merriweather
The engine of "free enterprise" that is the "magic of the marketplace" touted as sacrosanct dogma by every U.S. president since Ronald Reagan has hit a rough patch recently. First came the great Wall Street meltdown of 2008, and now comes the immolation of the Gulf Coast economy. Both of these things were the direct and predictable result of 30 years of right-wing assualt on "Big Government" through the deregulation and ineffective oversight of corporations. Most of the damage here can be laid at the feet of Republican presidents, especially the petrochemical nightmare years of Bush/Cheney. Of course, the assualt didn't stop under the Democrats, it just barely slowed down. Barack Obama's obviously false promise of change we could believe in makes us recall Bill Clinton's disastrous free trade policies, which haunt us to this day with lost jobs and lower living conditions for working people on all sides of the border.
Let's avoid the knee jerk reaction to defend Barack Obama from the wolves of the Republican Party. The Democrats, Obama included, are part of the problem. They can't help it, they are in a life and death struggle for funding from the truly soul-less old men that have been gaming the system since the days of big plantations, railroads and Northern industrialization. We must not delude ourselves thinking that anything can change as long as the system of legalized bribery which is our campaign finance laws are intact. Unless some major changes are made there, we are going to be learning just how corrupt, self-centered, and downright misanthropic the ruling class can be for decades to come. And the fallout from their fetishes will last decades beyond THAT. We have no real brakes on the system right now. Corporate lobbyists write the laws for legislators that were once lobbyists themselves or will soon be once they retire from or get kicked out of office. And the mainstream media is in collusion with all of them, since they are owned by those same interests that write the laws.
Our last best hope is for the people of WalMart Nation to awaken and fight for an end to the deadly corporate merry-go-round of death and desolation.
Hello, Sixth Extinction!