Democrats still need to grow a pair.

Posted on by

Since Bill Clinton left office, the Democratic Party has been searching for a large dose of testosterone.   When Barack Obama won the Democratic nomination, it seemed that the party had finally found someone who had the vision, the intelligence and the strength to stand up to an opposing party that is united in its support of corporations and the wealthy. 

That may be true, but it’s becoming increasingly difficult to tell.

Despite a large majority in the House and a 60-member caucus in the Senate, the Democrats once again seem weak and incapable of governing.  The health care reform bill is exhibit A.  In its current form, the Senate bill will mandate that everyone purchase insurance from private corporations more interested in increasing their profits than controlling costs and provide health care coverage for their customers. 

It’s time for President Obama and Congressional Democrats to drop their futile attempts at bipartisanship and pull together.  If they don’t, Sarah Palin and the Tea Party may have a better chance of reaching majority status in the future than Democrats. 

According to a new NBC-Wall Street Journal poll, they’re currently more popular.

Why the recession is our own damn fault.

Posted on by

Sure, it was the greed of mortgage-lenders and Wall Street that led to our recession.  But it’s consumers that are perpetuating it.  Most economists will tell you that recessions are mostly in the consumers’ minds.  If consumers are worried and reduce spending, our economy drops.  When consumers start spending, our economy rises.

Now, I understand that there are several overriding issues that led to this particular recession, not the least of which is the redistribution of wealth upward (10 percent of Americans now control nearly 71 percent of all U.S. assets).  Nevertheless, we have the power to fix it.

For one, we can vote for political candidates who are more concerned about ordinary citizens than the wealthy and the corporations that finance their political campaigns.

When possible, we can purchase American-made products.  Not just products with American brands, but products that actually say “made in America” on the product or the packaging.  I understand that it’s increasingly difficult to find American-made products, and that they sometimes cost more than those made elsewhere, but there is no better way to create or ensure American jobs.  For example, a Chevrolet or Ford is not only assembled in the U.S. by American workers, many of the parts are made in the U.S. and the profits go to American-based companies that pay taxes in the U.S.   This isn’t protectionism.  It’s simply common sense.

Finally, we can individually and collectively boycott corporations that don’t operate in our best interests.  Given their recent behavior, why would anyone continue to patronize the too-big-to-fail banks when there are so many other alternatives?  So even if you feel that voting for political candidates doesn’t change anything.  Voting with your purchases most definitely can.

The real scandal surrounding Tiger Woods.

Posted on by

For days we’ve been treated to “news” stories speculating about Woods’ infidelity and the consequences of his alleged indiscretions.  Why?  Personally, I could care less if Woods had one affair or a hundred.  He’s human.  And like all humans he has flaws. 

Instead of wondering about Woods’ future, we should be wondering why the news media has devoted endless hours to this story when the same media could not devote a few hours to investigate the Bush administration’s claims that led to the ill-advised invasion and occupation of Iraq.  We should wonder why the news media spends more time covering the personal indiscretions of political candidates than the issues they espouse.  We should wonder why the news media gives equal access to representatives of the far right and far left without examining the accuracy of their claims.

Following the death of Walter Cronkite, many journalists reported Cronkite’s philosophy that a news organization’s responsibility is to tell people what they need to know.  Not what they want to know.  Too bad none of them seem to share that philosophy.

Corporate loan sharking.

Posted on by

Having read that credit card companies are increasing interest rates, I began to wonder: What separates our financial institutions from the Sicilian Mafia, the Chinese Tongs or anyone else imprisoned for loan-sharking? They all charge outrageous interest rates on loans. They all have aggressive collection tactics. And many of them have politicians in their pockets.

The main difference, of course, is that the banks have incorporated as financial institutions. This allows the banks and credit card companies to borrow money from the Federal Reserve at a discount rate that’s currently .05 percent. Then they lend it at interest rates ranging from 20 to more than 45 percent! Not even casinos enjoy that kind of return. But, then, casinos are regulated.

For those of you under age of 50, you might be interested to learn that all financial institutions used to be governed by usury laws designed to prevent the lending of money at unreasonably high interest rates. State banks still are. Unfortunately, usury laws no longer apply to banks that label themselves “national”. The result is that large banks such as Bank of America, Wells Fargo and Chase can charge pretty much any interest rate they want.

And they want a lot.

Of course, they justify their rates by claiming that consumer default is on the rise.

There are several problems with that claim. One, the managers of these companies pay themselves 6- or 7-figure bonuses. Two, it was their greed that led to an economy that has forced consumer defaults. And three, it was the government, financed by you and I, that kept these companies from going bankrupt.

If our Congress ever decides to put the interests of taxpayers above corporations, the corporate officers that run national banks might have even more in common with the Mafia and the Tongs – a prison cell.

How tea-baggers can eliminate the national debt.

Posted on by

Since President Obama’s inauguration, the so-called tea-baggers have demonstrated, yelled at and threatened the administration. They claim the President is not a citizen. They believe he is trying to implement a socialist, or even communist, agenda. And they seem most angry over increases in the national debt. Never mind that the increases are the result of the previous administration’s policies. Never mind that much of the money allocated through TARP funds has been repaid. Never mind that GM seems on the road to recovery. And ignore the fact that, according to the CBO, the stimulus has saved or created 1.6 million jobs.

However, I think we can channel all that anger and energy to help pay off the national debt. Since the tea-baggers have driven up sales of guns and ammo following Obama’s election, they’re certainly well-enough armed to defend our shores. That would permit us to eliminate most of our national defense budget.

Just think, without a large military force, the tea-baggers would no longer have to fear that our government will take away their freedoms. Of course, we could keep a small professional military to operate, maintain and defend our enormous arsenal of nuclear tipped missiles. That would ensure that no foreign government would attack us. We’d bring home our troops from Afghanistan, Iraq, Germany, Japan and South Korea. Without an enormous military and all of its ships, planes, tanks and troop carriers, we would have less need for oil, so we would no longer need to project American power around the globe. And since most of our large, multi-national corporations have already exported most of our jobs, we should feel no obligation to protect corporate interests on foreign soil. Besides, those companies can afford to hire their own protection such as the likes of Blackwater, aka Xe.

What’s not to like? No more war. No more nation-building (other than on our own soil). No more national debt. All made possible by putting the tea-baggers’ guns and anger to better use.

The no-it-all party.

Posted on by

As Republicans continue to attack President Obama over the lousy economy they, themselves, created, it becomes painfully obvious that they have no compassion, no ideas, no shame and no clue.  They keep serving up the same failed theories and rhetoric that got us into this mess. 

In their minds, the economy would recover if only the Democrats would provide more tax cuts for the wealthy.  At the same time, Republicans are attempting to stonewall any attempts at regulating Wall Street or reforming the runaway health insurance industry.  In their view, the “free” market and deregulation are cure-alls for anything that ails our economy.

But before anyone wants to sign onto their Reagan-inspired trickle-down economic theories, let’s look at what this kind of thinking has brought us over the last 30 years of Republican leadership:

1 – More than 14 million Americans are currently unemployed, and Federal Reserve Chairmen Ben Bernanke blames the continuing high level of unemployment on the too-big-to-fail banks for failing to make loans to small businesses, the engine that drives our economy. 

2 – 49 million Americans, including 17 million children, currently lack adequate, consistent access to food. 

3 – The VA estimates that 131,000 veterans are homeless on any given night and 18 veterans commit suicide every single day. 

4 – Nearly 47 million Americans lack health insurance.  Of those, nearly 45,000, including 2,266 veterans, die each year for lack of access to health care. 

5 – In what used to be a sight seen only in third world nations, thousands of American citizens have stood in line for free health care because they lack insurance.  More than 8,000 stood in line to receive health care in Los Angeles alone.  Many were turned away.  1,000 recently stood in line for free health care in New Orleans and there are similar free clinics scheduled in Little Rock, Kansas City and other U.S. cities.

These are not the kind of problems that will be solved by more tax cuts for the wealthy or further deregulation of our greedy, ship-the-jobs-off-shore industries.  They require substantial commitments of tax dollars, along with fresh ideas and political will, neither of which are currently available from the Republican Party.

Who’s really at fault for our nation’s predicament?

Posted on by

Who is more at fault for the problems that face our nation?  Republican candidates?  Or the voters who are deceived into voting for them?  During campaigns, Republican candidates take a populist tone.  They talk about the issues that are important to ordinary Americans such as opportunity and personal freedom.  But when they are elected, they tend to focus almost exclusively on issues designed to benefit the elite. 

Despite promises of fiscal responsibility, Reagan and George W. Bush dramatically increase the deficit and national debt.  Despite promises of small government, Bush created the huge bureaucracy that is Homeland Defense.  And the Republican mantra of lower taxes has really proven to be nonsense.  They may occasionally offer a token tax cut for the middle and lower class, but the real cuts are reserved for the wealthy.   Republicans talk about creating jobs then make it easier for corporations to eliminate collective bargaining and ship jobs oversees.  They talk about getting government regulations out of the way then watch corporations create new scams to abscond with more of their consumers’ money. 

Why, then, do voters fall for these false promises over and over?  Often it’s because they aren’t curious enough to really examine the party’s platform and hold the candidates accountable.  And all too often it’s because they focus on a variety of wedge issues such as abortion, terrorism and same-sex marriage.  They fall victim to a sort of 3 card monte.  They’re mesmorized by the Republican distractions of fear, anger and religion.

How many lower and middle class voters actually benefited from Reaganomics?  How many benefited from George W. Bush’s “compassionate conservatism?”  I submit that instead of jobs, increased salaries and tax cuts, they were rewarded for their votes with war, massive deficits and decreased prosperity.  But the real Republican constituency consisting of CEOs, bankers, investors, oil executives and defense contractors is doing just fine, thank you.

The Bush Legacy: America in Decline

Posted on by

A few weeks ago, economists Martin Wolf and Robert Shiller appeared on Fareed Zakaria’s GPS on CNN.  They said, “It is now clear that the Obama team has helped avert a complete meltdown of our financial markets.  But they warned that one of the greatest dangers facing our nation is the growing economic disparity between the rich and the poor.”  They went on to say, “This could create a country in which not even those with a great deal of money will want to live.”

There are other troubling effects of Bush’s tax cuts for the wealthy, deregulation and the Republican Party’s stubborn adherence to trickle-down economics. 

Although he draws no conclusions relative to party politics, Rick Newman talks about warning signs of American decline in a story published by U.S. News & World Report.  In the story he states, “…real household income in America has flat-lined, which means many middle-class families are barely keeping up with inflation. The exploding federal deficit hamstrings the government’s ability to help. Healthcare is too expensive, America’s manufacturing base is eroding, and two open-ended foreign wars are draining the national treasury.”

Newman goes on to point out that the annual “prosperity index“ published by Legatum Institute, a London-based research firm, now ranks the U.S. as the ninth most prosperous country in the world.  The same study ranks the United States 27th for the health of its citizens, a statistic that is all the more disturbing given the fact that we spend far more on healthcare per person than any other nation.

According to Newman’s article, the U.S. poverty rate of 17 percent ranks third worst among advanced nations above only Turkey and Mexico.  And since our future depends on the education of our youth, there is more disturbing news.  American 15-year-olds score below average among advanced nations on math and science.

There is one glimmer of positive news:  Newman points out that, according to a GfK Roper survey of how nations are viewed by others, “America rocketed from No. 7 in 2008 to No. 1 in 2009, largely because the world cheered the election of Barack Obama as U.S. president.”

“Starve the Beast”, Part II

Posted on by

I previously wrote about the Republican Party’s plan to “Starve the Beast” which they believe to be big government.  They hope to cut taxes and the federal budget in order to reduce the size of government and bankrupt the so-called “entitlements” of Social Security, Medicare and Medicaid. 

But this conservative nonsense goes farther.

They also want to significantly cut funding for education.  If you aren’t already familiar with the notion, here’s the Republican line of “thinking” (I use the word loosely):  By cutting funds for public schools, the schools will be forced to increase class sizes.  With larger class sizes, the performance numbers of public schools will be worse.  The lower performance numbers will make government-funded school vouchers for private schools, parochial schools and home-schooling more attractive.  We will then be raising generations as dumb or dumber than the current pack of Republicans. 

If that fails to frighten you, imagine a whole generation of children being home-schooled by the likes of Sarah Palin and Glenn Beck, or their followers. 

Of course, this “Starve the Beast” mentality extends to other areas as well, most especially social services.  The Republican “thinking” is based on the belief that those unfortunates who are poor or sick are in those predicaments as a result of their own actions.  They didn’t follow the Republican philosophies of independence and personal responsibility.  If they had only worked harder and prayed more, the “thinking” goes, they wouldn’t require help.  Don’t concern yourselves with them.  When these downtrodden finally discover religion and Republican values, God will take care of them.

Now, I ask you, what is the real beast?  Big government?  Or the Republican Party?

Psalm 109:8 – a call for Christian jihadists.

Posted on by

It appears that demonstrating with signs showing President Obama with a Hitleresque moustache and calling him a Nazi, a Socialist, and a Communist are not enough.  Indeed, for some, packing guns at Presidential speeches hasn’t sufficiently delivered a strong enough message.  Now we have opportunistic religious conservatives selling t-shirts, bumper stickers, even teddy bears with the slogan “Pray for Obama, Psalm 109:8.”

That seems innocent enough – until you read the verse from the Bible.  Psalm 109:08 says “May his days be few; may another take his place of leadership.”  Okay, you say, but isn’t that the conservatives’ way of saying that they hope Obama isn’t re-elected?  You might make a case for that, until you read the verse that follows:  Psalm 109:09 says “May his children be fatherless, and his wife a widow.”  In other words, the t-shirts are more likely a coded message calling for the assassination of our president. 

That should surprise no one.  From the time Obama began his campaign for President, there has been an attempt by a percentage of our population to dismiss, demean, and demonize him beginning with questions about his place of birth. 

These tactics aren’t new.  For centuries, political movements have used adversity to further their interests and create irrational fear.  They attempt to assign blame for our problems – in this case, the recession and burgeoning national debt.  By fomenting distrust and anger toward those accused of being responsible, these political movements hope to make themselves look good.  So the religious right has portrayed Obama as a Kenyan, Muslim, Socialist radical bent on bankrupting our nation, destroying our Constitution and our way of life.  In their view, he’s “an elitist, an internationalist and, most importantly, not one of us.”

So, since the inauguration, there have been angry demonstrations, outrageous attacks by radio and TV hosts, dozens of vicious chain emails containing fraudulent accusations, large increases in gun and ammunition sales, and (according to the Secret Service) a 400 percent increase in death threats to our President. 

Given the items now being offered by the wingnut otherwise known as “Crusader Patriot”, it would seem that the religious right is just getting started.