Showing posts with label Trickle Down. Show all posts
Showing posts with label Trickle Down. Show all posts

Friday, September 9, 2011

The Decline of the United States of America: The Moral, Political and Economic Causes

Global Research
Prof. Rodrigue Tremblay

“The deterioration of every government begins with the decay of the principles on which it was founded.” Montesquieu, (Charles Louis de Secondat)  (1689-1755)

“I am convinced that I am acting as the agent of our Creator. By fighting off the Jews, I am doing the Lord's work.” Adolf Hitler (1889-1945), German politician and future German Chancellor, Mein Kampf, chap. 2, 1925

"I believe that God wants me to be president."George W. Bush, American 43rd president, speech in Washington D.C., June 1, 2004

"This economy of ours is on a solid foundation." George W. Bush, American 43rd president, January 4, 2008 (N.B.: the U.S. economy was about to enter into recession.)

"I believe that the Iraqi people will greet us as liberators." Sen. John McCain, March 20, 2003

"We used to hustle over the border for health care we received in Canada. And I think now, isn't that ironic?" Sarah Palin, American politician and former governor of Alaska, (admitting that her family used to get treatment in Canada's single-payer health care system, despite having demonized such government-run programs as socialized medicine that will lead to death-panel-like rationing, March 6, 2010)

“The Lord says be submissive. Wives, you are to be submissive to your husbands.” Michele Bachmann, Rep. of Minnesota and 2012 Republican presidential candidate, (on the question of submitting to the authority of her husband, 2006). Rep. Bachmann is also a graduate of Oral Roberts University.

“Let the woman learn in silence with all subjection. But I suffer not a woman to teach, nor to usurp authority over the man, but to be in silence.”
The Bible (New Testament), 1 Timothy 2:11-12

"Think of the American economy as a large apartment block. A century ago—even 30 years ago—it was the object of envy. But in the last generation its character has changed. The penthouses at the top keep getting larger and larger. The apartments in the middle are feeling more and more squeezed and the basement has flooded. To round it off, the elevator is no longer working. That broken elevator is what gets people down the most." Lawrence Katz, Harvard University economist, 2010

The American economy is in the Doldrums, the American Political System is Dysfunctional and Paralyzed

Around the world, many are baffled by what's happening to the United States. It seems that all at once the wheels are going off the cart. The American economy is in the doldrums, the American political system is dysfunctional and paralyzed, and a series of elective, far away foreign wars is ruining the country.

The U.S. economy used to be an engine of economic growth and the American political system used to be a well-oiled checks-and-balances machine that was geared toward progress and that could accommodate both leadership and compromise. Moreover, Americans can be proud that their constitution, at least on paper, is one of the best in the world, having been crafted by enlightened founders who believed in individual and democratic freedom.

In this short article, I will identify what I think to be the two major causes of America's current decline. (I welcome comments.)

-The first cause is a moral one: it is related to the widespread corruption that permeates many institutions and sectors of the U.S. society, the most corrupt of them all being the political system and the corporate system. It is no accident that the epicenter where these two corrupt systems meet is at the Pentagon, an agency that reports upon reports picture as a cesspool of corruption.

The result of that widespread corruption is that the United States is now generating a sub-standard class of politicians to administer its affairs who are not the servants of the common good, but who rather serve happily the narrow money interests that finance them. The U.S. corporate elite, for the most part, has abandoned all loyalty to its country while it roams the world in order to make short-term profits at all costs and avoid paying taxes in its country of origin.

The result: wacky politicians and greedy business people are in charge.

The same can be said about the biased corporate media who have also abandoned all pretenses of neutrality and objectivity in informing the people and who have rather donned the mantle of unadulterated propaganda in order to cynically manipulate information and public opinion, to the delight of their money masters.

Things were never perfect in the past, but I would argue that the current level and scope of corruption in the U.S. society is unprecedented and is a root cause of the decline of the United States.

The second cause of American decline is more structural and more economic in nature. It is related to a widespread ignorance of the practical consequences of economic and financial globalization that began under the Nixon Republican administration (1969-1973) and which accelerated under the Republican administrations of Ronald Reagan (1981-1989) and of George H. Bush (1989-1993).

I shall tackle each of these causes separately.

I-  The U. S. has abandoned its Democratic Ideals and the Quality of its Politicians is Sub-Standard

Let's talk first about the moral and political causes of American decline.

British Prime Minister Winston Churchill (1874-1965) once quipped that “democracy is the worst form of government, except for all the others.”! Indeed, democracy is a very fragile political system that can sometimes fail the very people it is designed to serve. American president Abraham Lincoln (1809-1865) defined it as “a government of the people, by the people, and for the people.”

But democracy is at its worst when an oligarchy takes control of a country's institutions and imposes its agenda. Such is the case with today's United States. Money interests, not the sovereign people, control the political system today; they control the corporate media system, they control the U.S. Supreme Court and much of the judicial system and, I would argue, they control a large chunk of the academic system.

Wednesday, July 6, 2011

U.K. receives giant Reagan statue to commemorate destructive austerity measures

GlobalIndigo

After various millionaires and billionaires crashed the entire world economy, governments worldwide are imposing “austerity measures” designed to punish impoverished recipients of direct government aid and middle-class public employees for their crimes against the international economic consensus. (“Gubmint too big!!!” -The Economist.) In nations where trade unions are actually a major force for the rights of workers and not a depressing relic, there are massive protests. In Great Britain, a one-day strike brought 750,000 people to the streets. Also, London just got an awesome, brand-new 10-foot-tall statue of Ronald Reagan!

The statue will “stand alongside statues of other American presidents such as Franklin D Roosevelt and Dwight D Eisenhower,” a couple of guys who actually helped the U.K. survive a world war.

The U.K. government didn’t pay for the million-dollar Reagan statue. It’s at the U.S. Embassy, and the Ronald Reagan Presidential Foundation footed the bill. But it’s still so poetically apt that we gave them this gift just as the Tory government (which, to be fair, is far to the left of both of our own parties) attempts to install a plan that would have workers contribute more to their pensions while receiving less in return, painted as a necessity in this dire worldwide economic slowdown, which was not actually  caused by the pensions of people who work for a living.

Ronald Reagan was the genius who discovered that there’s no political punishment for slashing taxes on the wealthy, deregulating the massive casino they pretend is a productive financial industry, and then declaring that the “free ride” for poor folk and the publicly employed middle class is over. Because he did hire a couple reasonably responsible people, he was forced to re-raise taxes after his first tax cuts began ballooning the deficit that justified his hard stance against people like air traffic controllers, but his story — that jobs will be created if the wealthy are allowed to do whatever the hell they want, and that the government can’t afford to keep promises made to employees or poor people — never changed. And it influenced right-wing governments eveywhere.

There’s no punishment for blaming a bunch of public employees for government shortfalls and economic downturns caused by millionaires and billionaires, because during such a downturn, all the people whose lives go to hell resent people with safe jobs and good pensions even more than they resent the distant, amorphous rich bankers who caused the problem.

As in America, the U.K.’s opposition party is too spineless and terrified of ancient memories of the ’70s to put forth any  opposing narrative.

You’re welcome, Great Britain!