Tag Archives: Ryan

W.B.G. (We’ll be gone)

Back before the start of the financial crisis in 2008, the guiding principle of Wall Street bankers was i.b.g./y.b.g. – when the whole thing comes crashing down, “I’ll be gone and you’ll be gone.” We will get away with it. That was prescient, to say the least. They pretty much did get away from it, except a handful of bad actors that hurt the wealthy as well as the ordinary. (Bernie Madoff is one of those.)

As we stand at the cusp of another presidential election, witnessing the terrifying aftermath of Hurricane Sandy, it’s clear that for the “conservative” (i.e. statist reactionary) side of the political equation, i.b.g./y.b.g. appears to apply to the climate crisis as well. Presidential hopeful Mitt Romney has adopted his party’s Luddite stance on global warming, advocating massive expansion of fossil fuel extraction, processing, and use and joining the crackpot consensus on the right that sees extreme weather as a series of unfortunate (and wholly unrelated) accidents best ignored.

That the G.O.P. standard bearer can maintain this position after a year of unprecedented extreme weather is remarkable. That he can do it in the wake of Sandy’s devastation is pathological. Madness though it may be, it has a goal: profit. Romney is fighting for his class, and fighting hard. He is the champion of short-term gain, narrowly shared.

His beloved Keystone pipeline is case in point. Romney speaks of this project as a means of “energy independence”. I’m guessing he’s not ignorant enough of global markets to think that any resulting fuel would simply be shared amongst Americans. Any oil produced in the U.S. goes into the global market. Even more importantly, Keystone would carry tar-sands sludge, mixed with toxic chemicals, down to refineries on the Gulf coast where it would be refined into diesel fuel and shipped to China. The bottom line is, well, the bottom line. Who cares if it contributes mightily to the collapse of our ecosystem? They make their money, then i.b.g. / y.b.g., right?

Trouble is, w.b.g. (we’ll be gone), too. That plainly won’t do. Do the right thing on Tuesday, and send Romney back to his mansion and his $100 million I.R.A.

luv u,

jp

Bite back the bad news.

I’m not going to say much about politics this week. Just bracketed with work, school, more work, etc. A few quick comments and I’m out – sorry for the lameness.

Watched the Biden / Ryan matchup. My thought about presidential and vice presidential debates is that you tend to feel the person you agree with was the winner. Only makes sense, right? This was a much easier contest to watch than the last one, I must say, but it retained one of the central themes of the presidential debate: Romney/Ryan does not want to talk specifics about anything, and are now in full flight from their own positions.

The purported “numbers guy” seems very reluctant to use any when it comes to talking about their tax plan. They are planning to cut marginal tax rates to 20% across the board, while increasing military spending something like a trillion dollars or more above current spending levels. Ryan was claiming that this can be balanced by closing loopholes on upper income earners. Horseshit. Where’s the proof? They don’t have any numbers. They can’t name deductions that they would suggest in any negotiations with Congress. They’re talking about an enormous gap that their plan would greatly expand, they claim they can close it, but they offer no details. They’ve got a secret plan to cut taxes and balance the budget while raising military spending: it’s called “Just trust us.”

The laser focus on the Benghazi terror attack is instructive about how efficient the right-wing echo chamber is. Fox News blows this story to its many millions of viewers, along with Rush and the gang; the more mainstream outlets pick it up out of nervousness. What the hell – they are blowing this thing up as if it were a bigger failure than 9/11. They certainly talk about it more than Afghanistan, where Americans are killed every week, for chrissake.

That’s all for now. More later.

luv u,

jp

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