Tag Archives: democrats

Uncategorized

After party.

Just some random thoughts on the major party conventions, now that they’re over. Don’t have a lot of time to write this, so it’s going to be… well, random.

Tale of Two Crackers. Bill Clinton’s big speech on Wednesday night capped what seems to me like a political rehabilitation of monumental proportions. At some point, everybody started loving Bill Clinton, and he has become a major statesman … or as close to that as you can come in this age. It wasn’t terribly surprising to see this process happen with Ronald Reagan, who – despite having a spotty popularity rating during his presidency – the media always portrayed as wildly popular, and around whom an image-enhancement industry of sorts has been at work since his departure. But Clinton? Does anyone remember how denigrated he was throughout his presidency? I suppose people have gradually come to the realization that things weren’t so bad in the 1990s … since everything since then has pretty generally sucked.

That brings me to the second cracker – W. Bush. During Clinton’s long speech, while people were hanging on every word, it was hard not to think of W’s total absence from his own party’s convention, both in person and in rhetoric. If this election is truly about a competition between two distinct approaches to government, this contrast speaks volumes about the degree to which each vision (1) has a record of success and (2) is something its proponents can advance with confidence.

Turnaround. Is America ready for a turnaround, Romney-style? I think we’ve already gotten a piece of that. Matt Taibbi’s recent reporting on Mitt Romney’s history at Bain Capital illustrates a bit of what we can expect from a Romney administration. The short story is this: Like the corporate raiders of the 1980s, Bain would do leveraged buy-outs of companies – basically buy them on credit with relatively little money down. The resulting debt would then be held by the company. Then they would compel the company to monetize its assets for dividend payments to its new shareholders – the people at Bain and its partners. What is left is the husk of a company that had already been under stress before Bain’s arrival and is now buried under a crushing debt burden, its assets sold off to enrich others.

That’s the Romney plan for America, in a nutshell. The G.O.P., if elected, will do what it always does – borrow massively (i.e. leverage), cut taxes for the rich (i.e. dividend payment to investors), privatize (i.e. monetize assets), and deregulate. You don’t need an MBA to figure out where that’s headed.

luv u,

jp

Political Rants

Crying thief.

My guess is that Marco Rubio is speaking now as I write these lines, serving up a fitting introduction for the nominee – or Rominee – of last resort for the Republican party. A speech filled with platitudes about freedom from, I don’t know, the tyranny of a pension or reliable health insurance in your old age, spoken by the son of escapees from communist Cuba. As Ryan put it on Wednesday night, the present-day G.O.P. sees everything to the left of Ayn Rand as sclerotic socialism, including legislative initiatives – like the individual mandate and cap and trade – that they themselves invented only a handful of years ago. (Ryan himself couldn’t even stick to his Randian creed for three minutes, decrying a nanny state where “everything is free except you” then paying tribute to the Medicare his mother purportedly depends on.)

I don’t know about these guys, but that “everything free” part probably sounds pretty attractive to a lot of Americans right now. While they equate Obama with Castro, Barry is much, much closer to them than he is to the bearded one in Havana. Would that he had put his shoulder behind expanding Medicare instead of this republican inspired, Heritage Foundation formulated health insurance scheme they call “Obamacare”. Would that he had committed himself to full employment along the lines of what Robert Pollin is recommending, among others. Those are positions worth defending. The problem Obama has right now is not the Republicans … it is his own flaccid liberalism, hopelessly compromised from the first stage of negotiation.

In truth, the Republicans, led by millionaire Romney, should be easy as hell to beat. They have zero credibility on the economy, no track record to speak of. Obama at least had the Clinton years – what does Romney have? The Republicans crashed the economy; now they want the driver’s seat back. They nearly destroyed the empire it took decades of rapacious interventionism to build. They have an ex-president, a mere four years out of office, that played no role in their convention. Did anyone mention him even once? They appear to think that by disowning the historically incompetent Bush/Cheney and pretending not to remember their tenure that they can induce amnesia amongst the rest of the body politic. They believe that by pointing elsewhere and crying “thief”, they can rob again.

Now that the balloons have fallen on Romney/Ryan (and we have been treated to the spectacle of evident dementia-sufferer Clint Eastwood rambling aimlessly on national television), it’s fair to respond to that question they always ask four years into an opponent’s presidency – namely, are you better off than you were four years ago. Four years ago, we were in free fall, the credit system of the world’s largest economy was shutting down, and hundreds of thousands were being thrown out of work. Four years ago, Bush’s war of choice in Iraq was still killing young soldiers by the dozen. Unless you’re as demented as Clint Eastwood, you probably remember all that.

Yes, we’re better off than we were in 2008. Still not good, but it takes a lot of work to get out of a hole as deep as the one Romney’s party dug us into.

luv u,

jp

Political Rants

Eyes wide open.

I suppose if I’m going to rant about anything this week, it’s going to be the election. Election years are always nerve-wracking, like a slow-motion train wreck. They make me feel, more than ever, that we as a nation are sleep-walking into history. The notion that we can be on the knife-edge of electing someone like Mitt Romney president – that working people of any persuasion (to say nothing of retirees) would ever consider voting for that overpaid fichus tree in a suit – is simply flabbergasting.

To be certain, Obama has not acted boldly enough on the economy, on basic issues of human rights, and so on. That’s a given. But let us not forget how we got into this hole in the first place. We had eight years of Dubya Bush, during which time he and his fellow cartoon pirates started two wars, established torture as an open instrument of foreign policy, blew an enormous hole in the federal budget with two rounds of wartime tax cuts, let New Orleans be destroyed, crashed the economy into what has turned out to be a milder version of the Great Depression, and quite a bit more. They did so with the full cooperation of a Republican led congress for six full years, and effective Republican control for the remaining two. (The Dems’ razor-thin majority 2007-2009 didn’t buy them much.)

I find it hard to blame anyone for falling into cynicism with regard to the two-party duopoly we call American democracy. In too many ways, there isn’t a dime’s worth of difference between the two major parties. But there are enough differences to make it worth the time and effort (and in some states, it will take both time and effort – I’m looking at you, Ohio!) to cast a decisive vote against Romney and the G.O.P. congress. Not that this is all one has to do to move the country in the right direction – far from it. But the consequences of doing nothing on election day are … well, we’ve seen them. (See paragraph #2.) The Republicans get worse every cycle they hold power. If they take it again this time, they will gut the remaining social safety net (frayed as it is), throw millions out of work through forced austerity, drive us into recession, start another war, build a transcontinental pipeline to carry toxic sludge to the gulf where it can be turned into diesel fuel and sold to China, and… well, you’ve heard the rest.

I’m not asking you to ignore Obama’s failings. Resist, of course. But don’t think replacing him with a clueless millionaire won’t drive us into a deeper hole. We can’t afford to take that trip again. Vote with your eyes open … but for @$%# sake, vote.

luv u,

jp